Roopam Textiles Trading Private Limited
About Roopam Textiles Trading Private Limited
Data last updated:
Roopam Textiles Trading Private Limited is a private limited company based in Bhubaneswar, Odisha, India. 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 retail and distribution segment of the home and lifestyle products sector. It was incorporated on 22 April 2004.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U18101OR2004PTC007579. Its GSTIN is 21AACCR7685K1Z1 (Odisha).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹80 Lakh. It is led by directors including Arun Kumar Agarwal (Managing Director) and Payal Agarwal (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at One Janapath Kharvela Nagar, Bhubaneswar, Odisha, India – 751001.
As per the financials filed for FY 2022, the company reported a revenue of ₹2.49 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹81.93 Lakh (net margin -32.9%) and EBITDA of ₹1.93 Lakh (EBITDA margin 0.8%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹6.02 Cr and satisfied charges of ₹6.3 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 5 cases are pending.
Company details
Contact details
Roopam Textiles Trading Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressOne Janapath Kharvela Nagar, Bhubaneswar, Odisha, India – 751001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Roopam Textiles Trading 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 Roopam Textiles Trading is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Roopam Textiles Trading Private Limited, buy the company report.
Financials of Roopam Textiles Trading Private Limited
FY 2022 filings availableRoopam Textiles Trading Private Limited reported revenue of ₹2.49 Cr (down 23% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 23% fall in the latest year. EBITDA fell 98% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹81.93 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | ||||
| Net Profit Margin | -32.9% | ||||
| 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 Roopam Textiles Trading Private Limited, buy the company report.
Board of directors of Roopam Textiles Trading Private Limited
Roopam Textiles Trading has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Agarwal | Irp/Rp/Liquidator | 22 Sep 2023 | 3 Years 1 Months | As last reported |
| Sarita Agarwal | Director | 05 Feb 2007 | 19 Years 8 Months | As last reported |
| Arun Kumar Agarwal | Managing Director | 22 Apr 2004 | 22 Years 6 Months | As last reported |
Auditor
Roopam Textiles Trading Private Limited is audited by P B S D & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P B S D & Associates | FY 2022 | 0322152E |
Shareholding
The shareholding of Roopam Textiles Trading Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Roopam Textiles Trading Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2022 | 100692689 | Canara Bank | ₹7.47 Lakh | Open | |
| 30 Dec 2021 | 100542339 | Canara Bank | ₹57.26 Lakh | Open | |
| 10 Jul 2020 | 100405799 | Canara Bank | ₹30 Lakh | Open | |
| 10 Jul 2020 | 100399676 | Canara Bank | ₹59.85 Lakh | Open | |
| 03 Jun 2020 | 100399675 | Canara Bank | ₹5.6 Lakh | Open |
To see the full charge records of Roopam Textiles Trading Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Roopam Textiles Trading Private Limited has 6 court cases on record: 6 filed against it. 5 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 5 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Tata Capital Financial Services Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by M/S D S Creation | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by M/S Vibha Fashions | Pending |
To see the full case history of Roopam Textiles Trading 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 Roopam Textiles Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Roopam Textiles Trading has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AACCR7685K1Z1 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Roopam Textiles Trading Private Limited, buy the company report.
Recent activity
Roopam Textiles Trading Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Payal Agarwal was appointed as Irp/Rp/Liquidator on 22 Sep 2023.
15 earlier events are in the company report.
Frequently asked questions
Roopam Textiles Trading 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.
Roopam Textiles Trading is a company under insolvency, formerly operating as a private limited company based in Bhubaneswar, Odisha, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 22 April 2004 and is registered under CIN U18101OR2004PTC007579. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Roopam Textiles Trading has 3 current directors:
- Arun Kumar Agarwal - Managing Director
- Sarita Agarwal - Director
- Payal Agarwal - Irp/Rp/Liquidator
The latest financial statements of Roopam Textiles Trading on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Roopam Textiles Trading is U18101OR2004PTC007579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Roopam Textiles Trading has open charges of ₹6.02 Cr and satisfied charges of ₹6.3 Cr as per latest MCA filings.
Roopam Textiles Trading has 6 court cases on record: 6 filed against it. 5 are pending.
Roopam Textiles Trading was incorporated on 22 April 2004. It is registered with the Registrar of Companies, Cuttack.
Payal Agarwal was appointed as Irp/Rp/Liquidator on 22 Sep 2023. Sarita Agarwal was appointed as Director on 05 Feb 2007. Arun Kumar Agarwal was appointed as Managing Director on 22 Apr 2004.
The registered office of Roopam Textiles Trading is at One Janapath Kharvela Nagar, Bhubaneswar, Odisha, India – 751001.
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