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Modest Apparel Private Limited - fashion and textile in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.03 Cr
▼ 64% YoY
Net loss · FY 2021
₹21.34 Lakh
Net margin -20.7%
EBITDA · FY 2021
-₹18.21 Lakh
EBITDA margin -17.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
1
Provident fund records
Directors on board
2
As per MCA filings
About Modest Apparel Private Limited
Data last updated:
Modest Apparel Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 04 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC324493. Its GSTIN is 07AALCM3694G2Z2 (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abdullah Hameed and Fahd Hameed.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at H.No. – A12 Nizamuddin West 33 Kva Bses Sub Station Hazrat, New Delhi, Delhi, India – 110013.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.03 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹21.34 Lakh (net margin -20.7%) and EBITDA of -₹18.21 Lakh (EBITDA margin -17.7%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Modest Forever.
Modest Apparel Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0018221). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website modestforever.com.
Company details
CIN U74999DL2017PTC324493
Registration Number 324493
Incorporation Date 04 October 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-10-0018221
Key People
Abdullah Hameed Director Fahd Hameed Director Recognitions & Rankings of Modest Apparel
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-DL-10-0018221
Contact details
Modest Apparel Private Limited's registered office is in New Delhi, Delhi. Its website is modestforever.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No. – A12 Nizamuddin West 33 Kva Bses Sub Station Hazrat, New Delhi, Delhi, India – 110013
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Modest Apparel Private Limited, buy the company report.
Comprehensive company report
Modest Apparel Private Limited - one report that includes everything
- 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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Secure checkout · GST invoice included
Brands
Modest Apparel operates one associated brand: Modest Forever. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer of modest Islamic clothing including abayas and hijabs. | modestforever.com |
Business activity
The main business activity of Modest Apparel is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Modest Apparel Private Limited, buy the company report.
Financials of Modest Apparel Private Limited
FY 2021 filings availableModest Apparel Private Limited reported revenue of ₹1.03 Cr (down 64% YoY) for FY 2021.
Revenue · FY 2021
₹1.03 Cr ▼ 64%
Net loss · FY 2021
₹21.34 Lakh margin -20.7%
EBITDA · FY 2021
-₹18.21 Lakh margin -17.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 64%
3 years · compounded
▲ 60%
EBITDA CAGR growth
1 year
▼ 735%
3 years · compounded
▼ 299%
Revenue fell 64% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 60%. EBITDA fell 735% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹18.21 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹21.34 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 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -17.7% | |||
| Net Profit Margin | -20.7% | |||
| 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 Modest Apparel Private Limited, buy the company report.
Board of directors of Modest Apparel Private Limited
Modest Apparel has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdullah Hameed | Director | 04 Oct 2017 | 9 Years 0 Months | Current |
| Fahd Hameed | Director | 04 Oct 2017 | 9 Years 0 Months | Current |
Auditor
Modest Apparel Private Limited is audited by ANEES & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANEES & ASSOCIATES | FY 2020 | 021037N |
Shareholding
The shareholding of Modest Apparel Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Modest Apparel Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Modest Apparel Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modest Apparel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Modest Apparel Private Limited has a workforce of 1 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
GST
Modest Apparel has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AALCM3694G2Z2 | Delhi | Active | 08 Feb 2020 |
| 09AALCM3694G1ZZ | Uttar Pradesh | Active | 07 Dec 2017 |
To see the full GST registrations and return filing status of Modest Apparel Private Limited, buy the company report.
Recent activity
Modest Apparel Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Abdullah Hameed was appointed as Director on 04 Oct 2017.
AGM
Modest Apparel Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Modest Apparel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi I.
Appointed
Abdullah Hameed was appointed as Director.
Appointed
Fahd Hameed was appointed as Director.
Incorporation
04 Oct 2017
Modest Apparel Private Limited was registered on 04 Oct 2017 with Roc Delhi I & aged 9 years 20 days as per MCA records.
Frequently asked questions
Modest Apparel is an active private limited company based in New Delhi, Delhi, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 04 October 2017 (9+ years old) and is registered under CIN U74999DL2017PTC324493.
Modest Apparel has 2 current directors:
- Abdullah Hameed - Director
- Fahd Hameed - Director
The latest financial statements of Modest Apparel on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Modest Apparel is 07AALCM3694G2Z2, 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 09AALCM3694G1ZZ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Modest Apparel is U74999DL2017PTC324493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modest Apparel was incorporated on 04 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Abdullah Hameed was appointed as Director on 04 Oct 2017. Fahd Hameed was appointed as Director on 04 Oct 2017.
Yes, Modest Apparel is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Modest Apparel is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0018221).
Modest Apparel can be reached through the website modestforever.com. Its registered office is in New Delhi, Delhi, India.