About New Age Apparels Private Limited
Data last updated:
New Age Apparels Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 29 August 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL2006PTC152673. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹11.17 Lakh. It is led by directors Himanshu Rastogi and Prashant Rastogi.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at A – 7 Arya Nagar Apartment 91 I.P. Extn Patpad Ganj, New Delhi, Delhi, India – 110092.
As per the financials filed for FY 2018, the company reported a revenue of ₹12.4 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹34,081 (net margin 0%) and EBITDA of ₹40.69 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years.
The company has about 77 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3 Cr on record. Court records list 32 cases involving the company, including 32 filed against it; 8 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website newageapparels.com.
Company details
Contact details
New Age Apparels Private Limited's registered office is in New Delhi, Delhi. Its website is newageapparels.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressA – 7 Arya Nagar Apartment 91 I.P. Extn Patpad Ganj, New Delhi, Delhi, India – 110092
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of New Age 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 New Age Apparels 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 New Age Apparels Private Limited, buy the company report.
Financials of New Age Apparels Private Limited
FY 2018 filings availableNew Age Apparels Private Limited reported revenue of ₹12.4 Cr (up 43% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 50% over three years, including 43% growth in the latest year. EBITDA fell 12% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹12.4 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹40.69 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹34,081 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.3% | |||
| Net Profit Margin | 0% | |||
| 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 New Age Apparels Private Limited, buy the company report.
Board of directors of New Age Apparels Private Limited
New Age Apparels has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himanshu Rastogi | Director | 08 May 2014 | 12 Years 5 Months | Current |
| Prashant Rastogi | Director | 16 Aug 2018 | 8 Years 2 Months | Current |
Peer comparison
New Age Apparels Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| New Age Apparels Private Limitedthis company | ₹12.4 Cr (FY 2018) | ₹34,081 | 0% | 43.0% | 77 | New Delhi, Delhi, India |
| Poplay Knitfab Pvt Ltd | ₹9.41 Cr (FY 2025) | 10.0% | Punjab, India | |||
| Forever Fashions Private Limited | ₹8.72 Cr (FY 2025) | -14.0% | Ludhiana, Punjab, India | |||
| Suneet Varma Design Private Limited | ₹8.64 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Viharsh Exporters India Private Limited | ₹8.58 Cr (FY 2017) | Delhi, India | ||||
| So Design Factory Private Limited | ₹8.56 Cr (FY 2024) | 3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of New Age Apparels Private Limited, buy the company report.
Auditor
New Age Apparels Private Limited is audited by SATENDRA RAWAT & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATENDRA RAWAT & CO | FY 2018 | 008298C |
Shareholding
The shareholding of New Age Apparels Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of New Age Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2013 | 10421643 | Others | ₹3 Cr | Open |
To see the full charge records of New Age Apparels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
New Age Apparels Private Limited has 32 court cases on record: 32 filed against it. 8 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 32 | 8 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Celestial Knits and Fabs Pvt. Ltd. | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S.Power2sme P.Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Force Knitwear (P) Ltd | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by M/S.Silver Collections P.Ltd. | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of New Age 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.
Credit ratings & regulatory alerts
New Age Apparels Private Limited was last rated by Crisil on 19 Jun 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 19 Jun 2017 |
To see the full credit ratings and regulatory alerts of New Age Apparels Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for New Age Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
New Age Apparels Private Limited has a workforce of 77 employees on its EPFO records as of Apr 03, 2024, across 2 active EPFO establishments.
GST
New Age Apparels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of New Age Apparels Private Limited, buy the company report.
Recent activity
New Age Apparels Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Mayank Rastogi ceased to be Director on 16 Aug 2018.
5 earlier events are in the company report.
Frequently asked questions
New Age Apparels 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 29 August 2006 (20+ years old) and is registered under CIN U18109DL2006PTC152673.
New Age Apparels has 2 current directors:
- Himanshu Rastogi - Director
- Prashant Rastogi - Director
The latest financial statements of New Age Apparels on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. New Age Apparels has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of New Age Apparels is U18109DL2006PTC152673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Age Apparels has 32 court cases on record: 32 filed against it. 8 are pending.
New Age Apparels was incorporated on 29 August 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of New Age Apparels by revenue are Poplay Knitfab Pvt Ltd, Forever Fashions Private Limited, Suneet Varma Design Private Limited, Viharsh Exporters India Private Limited, So Design Factory Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Mayank Rastogi ceased to be Director on 16 Aug 2018. Prashant Rastogi was appointed as Director on 16 Aug 2018. Sudhir Kumar Sharma ceased to be Director on 31 Mar 2017. New Age Apparels has 12 board changes on record in total.
New Age Apparels can be reached through the website newageapparels.com. Its registered office is in New Delhi, Delhi, India.
The registered office of New Age Apparels is at A – 7 Arya Nagar Apartment 91 I.P. Extn Patpad Ganj, New Delhi, Delhi, India – 110092.
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