
About Vastrani Export Private Limited
Data last updated:
Vastrani Export Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 January 2020.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101DL2020PTC360302. Its GSTIN is 06AAHCV2675E1Z9 (Haryana).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Abdul Khalid and Shobha Malhotra Khalid.
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 Ta – 104 Basement Gali No.2 Tughlakabad Extn, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.56 Cr. For the same year it recorded a net loss of ₹4.12 Lakh (net margin -0.4%) and EBITDA of ₹11.4 Lakh (EBITDA margin 1.1%).
The company has about 45 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.5 Cr on record. Court records list 46 cases involving the company, including 5 filed by the company and 41 filed against it; 31 cases are pending.
The last known website on record is vastrani.co.in.
Company details
Recognitions & Rankings of Vastrani Export
Contact details
Vastrani Export Private Limited's registered office is in New Delhi, Delhi. Its website is vastrani.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTa – 104 Basement Gali No.2 Tughlakabad Extn, New Delhi, Delhi, India – 110019
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vastrani Export 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 Vastrani Export is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Vastrani Export Private Limited, buy the company report.
Financials of Vastrani Export Private Limited
FY 2021 filings availableVastrani Export Private Limited reported revenue of ₹10.56 Cr for FY 2021.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹10.56 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹11.4 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.12 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
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1.1% | |
| Net Profit Margin | -0.4% | |
| 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 Vastrani Export Private Limited, buy the company report.
Board of directors of Vastrani Export Private Limited
Vastrani Export has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abdul Khalid | Director | 15 Jan 2020 | 6 Years 9 Months | As last reported |
| Shobha Malhotra Khalid | Director | 15 Jan 2020 | 6 Years 9 Months | As last reported |
| Sunil Kumar Agrawal Also directs: CHS Advisors Private Limited | Irp/Rp/Liquidator | 09 Feb 2024 | 2 Years 8 Months | As last reported |
Peer comparison
Vastrani Export Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jaibalajee Darshan Polypax Private Limited | ₹10.58 Cr (FY 2023) | 33.0% | Motipur, Bihar, India | |||
| Qualtime Spintex Private Limited | ₹10.57 Cr (FY 2024) | -3.0% | Namakkal, Tamil Nadu, India | |||
| Adinath Manufacture Private Limited | ₹10.56 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Vastrani Export Private Limitedthis company | ₹10.56 Cr (FY 2021) | -₹4.12 Lakh | -0.4% | 45 | New Delhi, Delhi, India | |
| Real Cotex Private Limited | ₹10.56 Cr (FY 2024) | -8.0% | Ahmedabad, Gujarat, India | |||
| Shanvi Weaves Private Limited | ₹10.53 Cr (FY 2025) | 128.0% | Palsana, Gujarat, India | |||
| Anamika Enterprises Private Limited | ₹10.52 Cr (FY 2025) | -4.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Vastrani Export Private Limited, buy the company report.
Auditor
Vastrani Export Private Limited is audited by CHAUDHARY BATRA KAPOOR & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAUDHARY BATRA KAPOOR & CO | FY 2021 | 012718N |
Shareholding
The shareholding of Vastrani Export Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vastrani Export Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jan 2022 | 100560085 | Hdfc Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Vastrani Export Private Limited has 46 court cases on record: 5 filed by Vastrani Export, 41 filed against it. 31 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 44 | 40 | 31 |
| High courts | 1 | 1 | 0 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Cheque dishonour complaint | Filed against the company by Fintree Finance Pvt Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by M/S Moneywise Financial Services Pvt Ltd | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Fintree Finance Private Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Protium Finance Limited | Pending |
To see the full case history of Vastrani Export 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 Vastrani Export Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vastrani Export Private Limited has a workforce of 45 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Vastrani Export has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAHCV2675E1Z9 | Haryana | Active | 27 Aug 2020 |
To see the full GST registrations and return filing status of Vastrani Export Private Limited, buy the company report.
Recent activity
Vastrani Export Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Sunil Kumar Agrawal was appointed as Irp/Rp/Liquidator on 09 Feb 2024.
Frequently asked questions
Vastrani Export is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vastrani Export is a company under insolvency, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 January 2020 and is registered under CIN U18101DL2020PTC360302. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vastrani Export has 3 current directors:
- Abdul Khalid - Director
- Shobha Malhotra Khalid - Director
- Sunil Kumar Agrawal - Irp/Rp/Liquidator
The latest financial statements of Vastrani Export 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Vastrani Export is U18101DL2020PTC360302. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vastrani Export has open charges of ₹1.5 Cr and no satisfied charges on record as per latest MCA filings.
Vastrani Export has 46 court cases on record: 5 filed by the company and 41 filed against it. 31 are pending. Most are in the district courts.
Vastrani Export was incorporated on 15 January 2020. It is registered with the Registrar of Companies, Delhi.
The peers of Vastrani Export by revenue are Jaibalajee Darshan Polypax Private Limited, Qualtime Spintex Private Limited, Adinath Manufacture Private Limited, Real Cotex Private Limited, Shanvi Weaves Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sunil Kumar Agrawal was appointed as Irp/Rp/Liquidator on 09 Feb 2024. Suman Malhotra ceased to be Director on 15 Apr 2022. Abdul Khalid was appointed as Director on 15 Jan 2020. Vastrani Export has 4 board changes on record in total.
Yes, Vastrani Export is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).