Namaste Exports Limited - Company Profile

It is a fashion and textile public limited company based in Bangalore South, Karnataka, India, established in 1988.
1988 Bangalore South, Karnataka, India Active
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About Namaste Exports Limited

Namaste Exports Limited, a active public limited company, was established on 21 March 1988 in Bangalore South, Karnataka, India. Engaging in fashion retail within the manufacturing sector, it holds CIN: U85110KA1988PLC008988. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹13.73 Cr.

Formerly known as Namaste Tanneries Private Limited. It upholds a compliant status. Employing 228 professional, Its leadership includes Bhat Madhura Narayan (Director), Veeranna Esuvanahalli Narasimhaiah (Cfo), Setlur Varadachari Madhavan (Director). Past directors included Bhat Madhura Narayan, Krishnaswamy Parthasarathy, Manchale Sripad Rao. It holds ₹4.76 Cr open charges and ₹103.92 Cr settled loans. Its latest AGM occurred on 11 November 2024, with the balance sheet filed on 31 March 2024. It is based at No. 63. New Timberyard Layout, Mysore Road,, Bangalore South, Karnataka, 560026.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA1988PLC008988

  • Registration Number

    008988

  • Incorporation Date

    21 March 1988

  • Authorized Capital

    ₹20.00 Cr

  • Paid-Up Capital

    ₹13.73 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 13.73 Cr
  • Company Age 37 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.76 Cr
  • Satisfied Charges ₹ 103.92 Cr
  • Revenue Growth **** -26.87%
  • Profit Growth **** -76.20%
  • Ebitda **** -318.40%
  • Net Worth 6.71%
  • Total Assets -10.89%
Company report

Namaste Exports Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Namaste Exports Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Namaste Exports Limited?
Current Directors
Name Designation Appointment Date Status
Bhat Madhura Narayan Director 07 Aug 2023 Current
Veeranna Esuvanahalli Narasimhaiah Cfo 02 May 2019 Current
Setlur Varadachari Madhavan Director 04 Oct 2023 Current
Khandige Madana Bhat Director 09 Feb 2021 Current
Khandige Vinod Bhat Managing Director 30 Oct 2006 Current
Manjunath Manchale Prabhakara Director 23 Aug 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 30 Oct 2012 Past
Pramod Abcsdd Director 06 Jun 2011 Past
Pramod Abcsdd Whole-Time Director 04 May 2020 Past
Pramod Abcsdd Whole-Time Director 24 Nov 2016 Past
Pramod Abcsdd Director 28 Aug 2014 Past
Pramod Abcsdd Director 29 Apr 2016 Past

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Financial Performance of Namaste Exports.

Namaste Exports Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 26.87% decrease. The company also saw a substantial fall in profitability, with a 76.2% decrease in profit. The company's net worth moved up by a moderate rise of 6.71%.

Namaste Exports revenue growth over time
Namaste Exports profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -26.87%
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Revenue from Operations
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 -26.89%
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Total Assets
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 -10.89%
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Profit or Loss
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 -76.20%
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Net Worth
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 6.71%
*******
*******
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EBITDA
*******
 -318.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Namaste Exports?

In 2023, Namaste Exports had a promoter holding of 74.78% and a public holding of 25.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹47,619,980.00

Satisfied Charges

₹1,039,234,868.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 3.19 Cr
  • Indian Equipment Leasing Limited : 1.44 Cr
  • Others : 0.13 Cr
Latest Charge Details
Date Lender Amount Status
17 Apr 2024 Others ₹1.30 M Open
16 Mar 1993 Indian Equipment Leasing Limited ₹1.44 Cr Open
01 Oct 1992 Canara Bank ₹3.19 Cr Open
17 Jun 2022 Others ₹4.95 Cr Satisfied
01 Jun 2022 Others ₹4.95 Cr Satisfied

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How Many Employees Work at Namaste Exports?

Namaste Exports has a workforce of 228 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Namaste Exports, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Namaste Exports's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Namaste Exports
Recent Activity within the Organization
  • Director Appointment

    The activity Gayathri Chandrasekhar was appointed as a Additional Director was appointed as a Additional Director on 01 Aug 2025 & has been associated with this company since 6 months 29 days . was completed.

  • Charges

    The activity A charge registered on 20 Oct 1994 via Charge ID 90195207 with State Bank Of India was fully satisfied on 11 Apr 2025. was completed.

  • Charges

    The activity A charge registered on 04 Mar 1993 via Charge ID 90195116 with State Bank Of India was fully satisfied on 11 Apr 2025. was completed.

  • Charges

    A charge registered on 31 Dec 1991 via Charge ID 90195058 with State Bank Of India was fully satisfied on 11 Apr 2025. was recorded as a recent event.

  • Annual General Meeting

    The activity Namaste Exports Limited last Annual general meeting of members was held on 11 Nov 2024 as per latest MCA records. was completed.

  • Charges

    A charge registered on 17 Jun 2022 via Charge ID 100593700 with Others was fully satisfied on 29 Oct 2024. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Namaste Exports Limited?

The CIN of Namaste Exports Limited is U85110KA1988PLC008988.

Where is Namaste Exports Limited headquartered?

Namaste Exports Limited is headquartered at No. 63. New Timberyard Layout, Mysore Road,, Bangalore South, Karnataka, 560026.

When was Namaste Exports Limited incorporated?

Namaste Exports Limited was incorporated on 21 March 1988.

Who are the current directors of Namaste Exports Limited?

The current directors of Namaste Exports Limited are

What is the primary industry of Namaste Exports Limited?

The primary industry of Namaste Exports Limited is Manufacturing.

Is Namaste Exports Limited a listed company?

Namaste Exports Limited is unlisted.

What is the capital structure of Namaste Exports Limited?

The authorized capital of Namaste Exports Limited is ₹20.00 Cr, and the paid-up capital is ₹13.73 Cr.

What is the compliance status of Namaste Exports Limited?

The compliance status of Namaste Exports Limited is Compliant.

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