About New Hosiery Impex Pvt Ltd
Data last updated:
New Hosiery Impex Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 25 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17219WB1992PTC055785. Its GSTIN is 19AAACN8932B1ZJ (West Bengal).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹24.09 Lakh. It is led by directors including Debasis Saha (Managing Director) and Swapan Saha.
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 38A Kansaripara Road, Kolkata, West Bengal, India – 700025.
As per the financials filed for FY 2020, the company reported a revenue of ₹83.4 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹38,015 (net margin -0.5%) and EBITDA of ₹15.31 Lakh (EBITDA margin 18.4%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 44% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.55 Cr on record. Court records list 11 cases involving the company, including 7 filed by the company and 4 filed against it; 1 case is 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 newhosiery.com.
Company details
Contact details
New Hosiery Impex Pvt Ltd's registered office is in Kolkata, West Bengal. Its website is newhosiery.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address38A Kansaripara Road, Kolkata, West Bengal, India – 700025
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of New Hosiery Impex Pvt Ltd, 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 New Hosiery Impex Pvt Ltd
FY 2021 filings availableNew Hosiery Impex Pvt Ltd reported revenue of ₹83.4 Lakh (down 86% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 86% fall in the latest year. EBITDA rose 398% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹83.4 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.31 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹38,015 | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | -0.5% | ||||
| 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 Hosiery Impex Pvt Ltd, buy the company report.
Board of directors of New Hosiery Impex Pvt Ltd
New Hosiery Impex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debasis Saha Also directs: Annapurna Multibuilt Ltd, Arc Infoservices LLP | Managing Director | 25 Jun 1992 | 34 Years 4 Months | Current |
| Swapan Saha Also directs: Annapurna Multibuilt Ltd | Director | 25 Jun 1992 | 34 Years 4 Months | Current |
| Uttam Saha Also directs: Annapurna Multibuilt Ltd | Director | 25 Jun 1992 | 34 Years 4 Months | Current |
Auditor
New Hosiery Impex Pvt Ltd is audited by G SIKDAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G SIKDAR & CO | FY 2020 | 322412E |
Shareholding
The shareholding of New Hosiery Impex Pvt Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of New Hosiery Impex Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2018 | 100193459 | Canara Bank | ₹95 Lakh | Open | |
| 23 Jun 2016 | 100037011 | Canara Bank | ₹60 Lakh | Open | |
| 07 Nov 2015 | 10605213 | Canara Bank | ₹10.2 Lakh | Open | |
| 05 May 2015 | 10577361 | Canara Bank | ₹70 Lakh | Open | |
| 29 Aug 2012 | 10374968 | Canara Bank | ₹45 Lakh | Open |
To see the full charge records of New Hosiery Impex Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
New Hosiery Impex Pvt Ltd has 11 court cases on record: 7 filed by New Hosiery Impex, 4 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 1 |
| District courts | 3 | 3 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Civil suit | Filed against the company by M/S Kwality Polythreads Pvt. Ltd. | Disposed |
| High Court | Civil suit | Filed by the company against an individual | Pending |
| High Court | Court case (MAT) | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by Sri Shyam Fashions Textiles Pvt. Ltd. | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of New Hosiery Impex Pvt Ltd, 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 New Hosiery Impex Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
New Hosiery Impex Pvt Ltd has a workforce of 4 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
New Hosiery Impex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACN8932B1ZJ | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New Hosiery Impex Pvt Ltd, buy the company report.
Recent activity
New Hosiery Impex Pvt Ltd has 7 board changes on record since 1992: 5 appointments and 2 cessations. The latest: Maya Rani Saha ceased to be Director on 27 Oct 2010.
6 earlier events are in the company report.
Frequently asked questions
New Hosiery Impex is an active private limited company based in Kolkata, West Bengal, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 25 June 1992 (34+ years old) and is registered under CIN U17219WB1992PTC055785.
New Hosiery Impex has 3 current directors:
- Debasis Saha - Managing Director
- Swapan Saha - Director
- Uttam Saha - Director
The latest financial statements of New Hosiery Impex 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 New Hosiery Impex is 19AAACN8932B1ZJ, registered in West Bengal.
The CIN (Corporate Identification Number) of New Hosiery Impex is U17219WB1992PTC055785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Hosiery Impex has 11 court cases on record: 7 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
New Hosiery Impex was incorporated on 25 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
Maya Rani Saha ceased to be Director on 27 Oct 2010. Chitta Ranjan Saha ceased to be Director on 17 Sep 2009. Maya Rani Saha was appointed as Director on 20 Aug 1992. New Hosiery Impex has 7 board changes on record in total.
New Hosiery Impex can be reached through the website newhosiery.com. Its registered office is in Kolkata, West Bengal, India.
The registered office of New Hosiery Impex is at 38A Kansaripara Road, Kolkata, West Bengal, India – 700025.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
