Scotts Garments Limited - Company Profile

It is a fashion and textile public limited company based in Bangalore, Karnataka, India, established in 2002.
2002 Bangalore, Karnataka, India Under Liquidation
Last Updated:
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About Scotts Garments Limited

Scotts Garments Limited, a under liquidation public limited company, was established on 01 March 2002 in Bangalore, Karnataka, India. Engaging in designer & branded fashion within the manufacturing sector, it holds CIN: U18101KA2002PLC030185. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹44.00 Cr and a paid-up capital of ₹5.01 M.

Formerly known as Scotts Garments Private Limited. It upholds a compliant status. Employing 4 professional, Its leadership includes Nakkaguttala Hally Subbaraya Sastry Thyagarajan (Nominee Director), Sayed Habibulla (Additional Director), Madhugiri Venkatarayappa Sudarshan (Irp/Rp/Liquidator). Past directors included Prashant Janardan Agrawal, Aman Agrawal, Babugowda Sanganagowda Patil. It holds ₹3,052.86 Cr open charges and ₹122.97 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at 481-B, Iv Phase, Peenya Industrial Area, India, Bangalore, Karnataka, 560058.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U18101KA2002PLC030185

  • Registration Number

    030185

  • Incorporation Date

    01 March 2002

  • Authorized Capital

    ₹44.00 Cr

  • Paid-Up Capital

    ₹5.01 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Metrics
  • Authorised Capital ₹ 44.00 Cr
  • Paid Up Capital ₹ 5.01 M
  • Company Age 23 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3,052.86 Cr
  • Satisfied Charges ₹ 122.97 Cr
  • Revenue Growth **** 82.00%
  • Profit Growth **** -30.50%
  • Ebitda **** -74.27%
  • Net Worth -72.12%
  • Total Assets -6.98%
Company report

Scotts Garments Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Scotts Garments 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 Scotts Garments Limited?
Current Directors
Name Designation Appointment Date Status
Nakkaguttala Hally Subbaraya Sastry Thyagarajan Nominee Director 05 Jan 2018 Current
Sayed Habibulla Additional Director 05 Jul 2022 Current
Madhugiri Venkatarayappa Sudarshan Irp/Rp/Liquidator 14 May 2024 Current
Vimal Kumar Goenka Director 09 Oct 2019 Current
Shitanshu Bipin Vora Director 09 Oct 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 19 Apr 2011 Past
Pramod Abcsdd Director 19 Apr 2011 Past
Pramod Abcsdd Director 14 Jun 2016 Past
Pramod Abcsdd Nominee Director 31 Jul 2020 Past
Pramod Abcsdd Cfo(Kmp) 30 Apr 2022 Past
Pramod Abcsdd Whole-Time Director 30 Jun 2018 Past

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Financial Performance of Scotts Garments.

Scotts Garments Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82% increase. The company also saw a substantial fall in profitability, with a 30.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.12%.

Scotts Garments revenue growth over time
Scotts Garments 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
********
 82.00%
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Revenue from Operations
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 140.67%
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*******
*******
Total Assets
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 -6.98%
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*******
*******
Profit or Loss
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 -30.50%
*******
*******
*******
*******
Net Worth
*******
 -72.12%
*******
*******
*******
*******
EBITDA
*******
 -74.27%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Scotts Garments?

In 2023, Scotts Garments had a promoter holding of 100.00%. 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

₹30,528,600,000.00

Satisfied Charges

₹1,229,723,039.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 1266.62 Cr
  • Sbicap Trustee Company Limited : 979.80 Cr
  • Others : 489.90 Cr
  • State Bank Of India : 223.04 Cr
  • Idbi Bank Limited : 50.00 Cr
  • Others : 43.50 Cr
Latest Charge Details
Date Lender Amount Status
17 Jul 2017 Sbicap Trustee Company Limited ₹489.90 Cr Open
26 Apr 2017 Sbicap Trustee Company Limited ₹489.90 Cr Open
20 Oct 2015 Canara Bank ₹3.00 Cr Open
14 Oct 2015 Canara Bank ₹5.00 Cr Open
19 Aug 2015 Canara Bank ₹10.59 Cr Open

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How Many Employees Work at Scotts Garments?

Scotts Garments has a workforce of 4 employees as of Mar 28, 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 Scotts Garments, 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 Scotts Garments'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 Scotts Garments
Recent Activity within the Organization
  • Director Appointment

    The activity Madhugiri Venkatarayappa Sudarshan was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 14 May 2024 & has been associated with this company since 1 year 9 months . was completed.

  • Annual General Meeting

    The activity Scotts Garments Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was completed.

  • Balance Sheet

    Scotts Garments Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Sayed Habibulla was appointed as a Additional Director was appointed as a Additional Director on 05 Jul 2022 & has been associated with this company since 3 years 7 months . was recorded as a recent event.

  • Director Appointment

    Vimal Kumar Goenka was appointed as a Director was appointed as a Director on 09 Oct 2019 & has been associated with this company since 6 years 4 months . was recorded as a recent event.

  • Director Appointment

    Shitanshu Bipin Vora was appointed as a Director was appointed as a Director on 09 Oct 2019 & has been associated with this company since 6 years 4 months . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Scotts Garments Limited?

The CIN of Scotts Garments Limited is U18101KA2002PLC030185.

Where is Scotts Garments Limited headquartered?

Scotts Garments Limited is headquartered at 481-B, Iv Phase, Peenya Industrial Area, India, Bangalore, Karnataka, 560058.

When was Scotts Garments Limited incorporated?

Scotts Garments Limited was incorporated on 01 March 2002.

Who are the current directors of Scotts Garments Limited?

The current directors of Scotts Garments Limited are

What is the primary industry of Scotts Garments Limited?

The primary industry of Scotts Garments Limited is Manufacturing.

Is Scotts Garments Limited a listed company?

Scotts Garments Limited is unlisted.

What is the capital structure of Scotts Garments Limited?

The authorized capital of Scotts Garments Limited is ₹44.00 Cr, and the paid-up capital is ₹5.01 M.

What is the compliance status of Scotts Garments Limited?

The compliance status of Scotts Garments Limited is Compliant.

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