Nag Yang Shoes Private Limited
About Nag Yang Shoes Private Limited
Data last updated:
Nag Yang Shoes Private Limited was a private limited company based in Ranipet, Tamil Nadu, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 21 May 2003.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U19201TN2003PTC050891. Its GSTIN is 33AABCN7725R1ZY (Tamil Nadu).
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It was led by directors Subramanipillai Chokkalingam Pillai (Managing Director) and Chockalingam Pillai Shanmugathammal.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office was at Serkadu Villagekatpadi Taluk Ranipet – 632 403., Tamil Nadu, India – 632403.
As per the financials filed for FY 2015, the company reported a revenue of ₹36.56 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹49.85 Lakh (net margin -1.4%) and EBITDA of ₹33.85 Lakh (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company had about 1 employee on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹50.75 Cr on record. Court records list 15 cases involving the company, including 2 filed by the company and 13 filed against it; 1 case is pending.
Company details
Contact details
Nag Yang Shoes Private Limited's registered office is in Ranipet, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSerkadu Villagekatpadi Taluk Ranipet – 632 403., Tamil Nadu, India – 632403
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Nag Yang Shoes 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 Nag Yang Shoes Private Limited
FY 2015 filings availableNag Yang Shoes Private Limited reported revenue of ₹36.56 Cr (up 16% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 42% 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 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹36.56 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹33.85 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹49.85 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 0.9% |
| Net Profit Margin | -1.4% |
| 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 Nag Yang Shoes Private Limited, buy the company report.
Board of directors of Nag Yang Shoes Private Limited
Nag Yang Shoes 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 |
|---|---|---|---|---|
| Subramanipillai Chokkalingam Pillai | Managing Director | 21 May 2003 | 23 Years 5 Months | As last reported |
| Chockalingam Pillai Shanmugathammal | Director | 10 Jun 2015 | 11 Years 5 Months | As last reported |
Auditor
Nag Yang Shoes Private Limited is audited by A Y THIRUVACHAGAN & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Y THIRUVACHAGAN & CO | FY 2015 | 212836 |
Shareholding
The shareholding of Nag Yang Shoes Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nag Yang Shoes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2016 | 100030833 | Others | ₹8.9 Cr | Open | |
| 01 Feb 2008 | 10085770 | Union Bank of India | ₹2.85 Cr | Open | |
| 19 Dec 2003 | 90298660 | Union Bank of India | ₹39 Cr | Open |
To see the full charge records of Nag Yang Shoes Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Nag Yang Shoes Private Limited has 15 court cases on record: 2 filed by Nag Yang Shoes, 13 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
| High courts | 6 | 5 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Suolificio Linea Italia India Pvt Ltd | Pending |
| High Court of Delhi | Court case (CRL.M.C.) | Filed by the company against M/S KLJ Polymers & Chemicals Ltd | Disposed |
| District court, West, Delhi | Criminal case | Filed against the company by Sperry Plast Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by M/S K.L.J. Polymers and Chemicals Ltd. | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed against the company by Sara Suole Private Limited | Disposed |
To see the full case history of Nag Yang Shoes 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 Nag Yang Shoes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nag Yang Shoes Private Limited has a workforce of 1 employees on its EPFO records as of Apr 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 1 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Nag Yang Shoes Private Limited, buy the company report.
GST
Nag Yang Shoes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCN7725R1ZY | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nag Yang Shoes Private Limited, buy the company report.
Recent activity
Nag Yang Shoes Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Chockalingam Jagadeesh ceased to be Director on 11 Mar 2017.
Frequently asked questions
Nag Yang Shoes has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Nag Yang Shoes was a private limited company based in Ranipet, Tamil Nadu, India. The company worked in footwear manufacturing, within the consumer goods industry. It was incorporated on 21 May 2003 and is registered under CIN U19201TN2003PTC050891. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
Nag Yang Shoes was incorporated on 21 May 2003. It is registered with the Registrar of Companies, Chennai.
Nag Yang Shoes had 2 directors:
- Subramanipillai Chokkalingam Pillai - Managing Director
- Chockalingam Pillai Shanmugathammal - Director
The CIN (Corporate Identification Number) of Nag Yang Shoes is U19201TN2003PTC050891. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nag Yang Shoes is at Serkadu Villagekatpadi Taluk Ranipet – 632 403., Tamil Nadu, India – 632403.
The latest financial statements of Nag Yang Shoes on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The GSTIN of Nag Yang Shoes is 33AABCN7725R1ZY, registered in Tamil Nadu.
Nag Yang Shoes operated in the consumer goods industry, in the footwear manufacturing segment.
Nag Yang Shoes has 15 court cases on record: 2 filed by the company and 13 filed against it. 1 is pending. Most are in the district courts.
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