About Schoolwear Private Limited
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Schoolwear Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 25 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC255032. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹31.08 Lakh. It is led by directors Amit Yashwant Zaveri and Ketan Yogendra Zaveri.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 304 Stanford Plaza B – 65 New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.69 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net loss of ₹4.12 Cr (net margin -153.3%) and EBITDA of -₹3.89 Cr (EBITDA margin -144.7%).
The company has about 31 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SchoolWear. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.92 Cr; the latest was in May 2016.
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 schoolwear.in.
Company details
Contact details
Schoolwear Private Limited's registered office is in Mumbai, Maharashtra. Its website is schoolwear.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address304 Stanford Plaza B – 65 New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Schoolwear 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
Brands
Schoolwear operates one associated brand: SchoolWear. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online marketplace for buying school wear. | schoolwear.in |
Business activity
The main business activity of Schoolwear is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Schoolwear Private Limited, buy the company report.
Financials of Schoolwear Private Limited
FY 2017 filings availableSchoolwear Private Limited reported revenue of ₹2.69 Cr (up 115% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 115% in the latest year. EBITDA fell 278% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.69 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹3.89 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.12 Cr | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -144.7% | ||
| Net Profit Margin | -153.3% | ||
| 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 Schoolwear Private Limited, buy the company report.
Board of directors of Schoolwear Private Limited
Schoolwear has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Yashwant Zaveri | Director | 25 Mar 2014 | 12 Years 7 Months | Current |
| Ketan Yogendra Zaveri | Director | 25 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Schoolwear Private Limited is audited by G B C A & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G B C A & ASSOCIATES | FY 2017 | 103142W |
Shareholding
The shareholding of Schoolwear Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Schoolwear Private Limited, buy the company report.
Deals & funding
Schoolwear Private Limited has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.92 Cr; the latest was in May 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Funding round | Undisclosed | Investors: Navneet Education Limited |
| Apr 2016 | Funding round | ₹5.01 Cr | Investors: Gala Family Fund |
| May 2015 | Funding round | ₹75 Lakh | Investors: Sav Investments |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Funding round | ₹16 Lakh | Investors: an individual |
To see the full deal history of Schoolwear Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Schoolwear Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by Burge Industries Prop. Rohit Arun Burge | Disposed |
To see the full case history of Schoolwear 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 Schoolwear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Schoolwear Private Limited has a workforce of 31 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Schoolwear 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 Schoolwear Private Limited, buy the company report.
Recent activity
Schoolwear Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Ankur Mohinder Bansal ceased to be Nominee Director on 13 Mar 2018.
Frequently asked questions
Schoolwear is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 March 2014 (12+ years old) and is registered under CIN U74999MH2014PTC255032.
Schoolwear has 2 current directors:
- Amit Yashwant Zaveri - Director
- Ketan Yogendra Zaveri - Director
The latest financial statements of Schoolwear on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Schoolwear has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Schoolwear is U74999MH2014PTC255032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Schoolwear has 1 court case on record: 1 filed against it.
Schoolwear was incorporated on 25 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Schoolwear has 6 deals on record (4 funding rounds, 2 secondary share transfers), with disclosed funding of ₹5.92 Cr; the latest was in May 2016.
Ankur Mohinder Bansal ceased to be Nominee Director on 13 Mar 2018. Amit Yashwant Zaveri was appointed as Director on 25 Mar 2014. Ketan Yogendra Zaveri was appointed as Director on 25 Mar 2014.
Schoolwear can be reached through the website schoolwear.in. Its registered office is in Mumbai, Maharashtra, India.
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