About Model Retail India Private Limited
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Model Retail India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 21 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC098655. Its GSTIN is 29AAKCM8131B1ZI (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ramesh Ramachandra Acharya and Rajeshwari Acharya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 614 5th A Main 2nd Block R.T. Nagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.6 Lakh. For the same year it recorded a net profit of ₹1.48 Lakh (net margin 92.6%) and EBITDA of ₹1.48 Lakh (EBITDA margin 92.6%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 66% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website allianceretail.biz.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address# 614 5th A Main 2nd Block R.T. Nagar, Bangalore, Karnataka, India – 560032
- IndustryFashion and Textile, Fashion Retail
- 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
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Financials of Model Retail India Private Limited FY 2024 filings available
Model Retail India Private Limited reported revenue of ₹1.6 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR) of Model Retail India Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years. 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 of Model Retail India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1.6 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.48 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.48 Lakh | •••• | •••• | •••• | •••• |
| 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 of Model Retail India Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 92.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Model Retail India are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Model Retail India Private Limited
Model Retail India Private Limited is audited by N Tatia & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N Tatia & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Model Retail India Private Limited
Model Retail India 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 |
|---|---|---|---|---|
| Ramesh Ramachandra Acharya | Director | 21 Dec 2016 | 9 Years 9 Months | Current |
| Rajeshwari Acharya | Director | 21 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Model Retail India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Model Retail India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2018 | Canara Bank | ₹2.25 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Model Retail India Private Limited
Model Retail India Private Limited has a workforce of 35 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Model Retail India Private Limited
Model Retail India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Ramprasad Acharya ceased to be Director on 20 Feb 2019.
Credit Ratings, Litigation & Regulatory Alerts for Model Retail India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Model Retail India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Model Retail India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Model Retail India Private Limited
Model Retail India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCM8131B1ZI | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Model Retail India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Model Retail India Private Limited
Model Retail India is an active private limited company based in Bangalore, Karnataka, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 21 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098655.
Model Retail India reported revenue of ₹1.6 Lakh for FY 2023.
Model Retail India has 2 current directors:
- Ramesh Ramachandra Acharya - Director
- Rajeshwari Acharya - Director
Model Retail India reported a net profit of ₹1.48 Lakh (net margin 92.6%) and EBITDA of ₹1.48 Lakh (EBITDA margin 92.6%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Model Retail India is -63% over three years and -66% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Model Retail India is 29AAKCM8131B1ZI, registered in Karnataka.
The CIN (Corporate Identification Number) of Model Retail India is U74999KA2016PTC098655. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Model Retail India was incorporated on 21 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ramprasad Acharya ceased to be Director on 20 Feb 2019. Rajeshwari Acharya was appointed as Director on 21 Dec 2016. Ramesh Ramachandra Acharya was appointed as Director on 21 Dec 2016.
Model Retail India can be reached through the website allianceretail.biz. Its registered office is in Bangalore, Karnataka, India.