About Foremost Apparels Private Limited
Data last updated:
Foremost Apparels Private Limited is a private limited company based in Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101DL2005PTC139964. Its GSTIN is 06AACCT4349N1ZY (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.42 Cr. It was formerly known as Taj Apparels Private Limited. It is led by directors Atul Moudgil and Varun Moudgil.
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 D – 6/32 Vasant Vihar, Delhi, India – 110057.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.66 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹19,672 (net margin 0%) and EBITDA of ₹17.7 Lakh (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
The company has about 127 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45.06 Lakh and satisfied charges of ₹11 Cr on record. Court records list 21 cases involving the company, including 6 filed by the company and 15 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foremostinternational.org.
Company details
Contact details
Foremost Apparels Private Limited's registered office is in Delhi, Delhi. Its website is foremostinternational.org. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD – 6/32 Vasant Vihar, Delhi, India – 110057
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Foremost Apparels 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
Business activity
The main business activity of Foremost Apparels 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 Foremost Apparels Private Limited, buy the company report.
Financials of Foremost Apparels Private Limited
FY 2021 filings availableForemost Apparels Private Limited reported revenue of ₹17.66 Cr (down 42% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 177% 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 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹17.66 Cr | ||||
| Other Income | |||||
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| EBITDA | ₹17.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19,672 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Foremost Apparels Private Limited, buy the company report.
Board of directors of Foremost Apparels Private Limited
Foremost Apparels has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Moudgil Also directs: Knightrider Apparels Private Limited | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
| Varun Moudgil Also directs: Knightrider Apparels Private Limited | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Foremost Apparels Private Limited is audited by SARUP HANDOO & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARUP HANDOO & ASSOCIATES | FY 2021 | 007882N |
Shareholding
The shareholding of Foremost Apparels Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Foremost Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2019 | 100261769 | Others | ₹45.06 Lakh | Open | |
| 22 Jan 2010 | 10198932 | Others | ₹9 Cr | Satisfied | |
| 07 Jan 2009 | 10144680 | Punjab National Bank | ₹2 Cr | Satisfied |
To see the full charge records of Foremost Apparels Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Foremost Apparels Private Limited has 21 court cases on record: 6 filed by Foremost Apparels, 15 filed against it. 6 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 15 | 5 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Amritsar, Punjab | Arbitration matter | Filed by the company against M/S Varinda Knitters Pvt Ltd | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Lakra Industries Limited | Pending |
| District court, Central, Delhi | Court case (T.P. C) | Filed by the company against S J R Embroidery Pvt. Ltd. and 2 others | Disposed |
| District court, Ludhiana, Punjab | Court case (CRR) | Filed by the company against Lakra Industries | Pending |
| District court, Amritsar, Punjab | Execution petition | Filed against the company by M/S Varinda Knitters Through MD Ajay Mehra | Pending |
To see the full case history of Foremost Apparels 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Foremost Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foremost Apparels Private Limited has a workforce of 127 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Foremost Apparels has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCT4349N1ZY | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Foremost Apparels Private Limited, buy the company report.
Recent activity
Foremost Apparels Private Limited has 14 board changes on record since 2005: 8 appointments and 6 cessations. The latest: Ridhima Relan ceased to be Director on 26 Jun 2019.
11 earlier events are in the company report.
Frequently asked questions
Foremost Apparels is an active private limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 August 2005 (21+ years old) and is registered under CIN U18101DL2005PTC139964.
Foremost Apparels has 2 current directors:
- Atul Moudgil - Director
- Varun Moudgil - Director
The latest financial statements of Foremost Apparels 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 2015 are in the company report.
The GSTIN of Foremost Apparels is 06AACCT4349N1ZY, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Foremost Apparels is U18101DL2005PTC139964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foremost Apparels has 21 court cases on record: 6 filed by the company and 15 filed against it. 6 are pending. Most are in the district courts.
Foremost Apparels was incorporated on 24 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Ridhima Relan ceased to be Director on 26 Jun 2019. Shailja Khanna ceased to be Director on 26 Jun 2019. Atul Moudgil was appointed as Director on 17 Jun 2019. Foremost Apparels has 14 board changes on record in total.
Foremost Apparels can be reached through the website foremostinternational.org. Its registered office is in Delhi, India.
The registered office of Foremost Apparels is at D – 632 Vasant Vihar, Delhi, India – 110057.
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