Metalore Overseas Private Limited
About Metalore Overseas Private Limited
Data last updated:
Metalore Overseas Private Limited is a private limited company based in Delhi, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 16 October 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2001PTC112828. Its GSTIN is 07AACCM6076H1ZC (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.84 Cr. It is led by directors Rahul Garg and Shyam Kumar Garg.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No.C – 2 Flat No.C – 5, Prasnna Apartment Bhama Shah Marg, Delhi, India – 110009.
As per the financials filed for FY 2018, the company reported a revenue of ₹24.14 Cr, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹3.82 Cr (net margin -15.8%) and EBITDA of -₹3.79 Cr (EBITDA margin -15.7%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years.
As per MCA filings, the company has open charges of ₹36.15 Cr and satisfied charges of ₹3.66 Cr on record. Court records list 30 cases involving the company, including 10 filed by the company and 20 filed against it; 7 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Metalore Overseas Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No.C – 2 Flat No.C – 5, Prasnna Apartment Bhama Shah Marg, Delhi, India – 110009
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Metalore Overseas Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Metalore Overseas Private Limited
FY 2018 filings availableMetalore Overseas Private Limited reported revenue of ₹24.14 Cr (down 81% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over three years, including a 81% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹24.14 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹3.79 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.82 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -15.7% | |||
| Net Profit Margin | -15.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Metalore Overseas Private Limited, buy the company report.
Board of directors of Metalore Overseas Private Limited
Metalore Overseas has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Garg Also directs: K .S. Impex Limited, K S Exim Limited | Director | 02 Feb 2006 | 20 Years 9 Months | Current |
| Shyam Kumar Garg Also directs: K .S. Impex Limited | Director | 16 Oct 2001 | 25 Years 0 Months | Current |
Auditor
Metalore Overseas Private Limited is audited by SUNIL JAIN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL JAIN & CO | FY 2018 | 003855N |
Shareholding
The shareholding of Metalore Overseas Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Metalore Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2016 | 100034888 | Others | ₹1.3 Cr | Open | |
| 26 Dec 2005 | 80004554 | Canara Bank | ₹7.1 Cr | Open | |
| 26 Dec 2005 | 80004555 | Canara Bank | ₹27.75 Cr | Open | |
| 27 Nov 2017 | 100141190 | Others | ₹1 Cr | Satisfied | |
| 31 Oct 2009 | 10185063 | Canara Bank | ₹3.5 Lakh | Satisfied |
To see the full charge records of Metalore Overseas Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Metalore Overseas Private Limited has 30 court cases on record: 10 filed by Metalore Overseas, 20 filed against it. 7 cases are pending and 23 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 15 | 5 |
| High courts | 7 | 3 | 1 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Execution petition | Filed by the company against Oriental Insurance Company Ltd. and Anr and 1 other | Disposed |
| NCLT, New Delhi Bench Court-III | Insolvency matter | Filed against the company by Montage Enterprises Pvt. Ltd | Disposed |
| District court, South West, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd. | Disposed |
| District court, Morena, Madhya Pradesh | Court case (UN CR) | Filed by the company against Kanpur Edibles Private Ltd. | Disposed |
| District court, Central, Delhi | Civil suit | Filed by the company against Oriental Insurance Company Ltd. Anr. | Disposed |
To see the full case history of Metalore Overseas Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Metalore Overseas Private Limited was last rated by Brickwork on 23 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 23 Dec 2019 |
To see the full credit ratings and regulatory alerts of Metalore Overseas Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Metalore Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Metalore Overseas has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCM6076H1ZC | Delhi | Active | 01 Jul 2017 |
| 08AACCM6076H1ZA | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Metalore Overseas Private Limited, buy the company report.
Recent activity
Metalore Overseas Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Anupam Arora ceased to be Additional Director on 08 Sep 2016.
12 earlier events are in the company report.
Frequently asked questions
Metalore Overseas is an active private limited company based in Delhi, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 16 October 2001 (25+ years old) and is registered under CIN U51909DL2001PTC112828.
Metalore Overseas has 2 current directors:
- Rahul Garg - Director
- Shyam Kumar Garg - Director
The latest financial statements of Metalore Overseas on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Metalore Overseas is 07AACCM6076H1ZC, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 08AACCM6076H1ZA (Rajasthan).
The CIN (Corporate Identification Number) of Metalore Overseas is U51909DL2001PTC112828. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metalore Overseas has 30 court cases on record: 10 filed by the company and 20 filed against it. 7 are pending. Most are in the district courts.
Metalore Overseas was incorporated on 16 October 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
Anupam Arora ceased to be Additional Director on 08 Sep 2016. Rahul Garg was appointed as Director on 02 Feb 2006. Shyam Kumar Garg was appointed as Director on 16 Oct 2001.
The registered office of Metalore Overseas is at Plot No.C – 2 Flat No.C – 5, Prasnna Apartment Bhama Shah Marg, Delhi, India – 110009.
Metalore Overseas operates in the fashion and textile industry, in the fashion retail segment.
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