Shakthi Clothings Private Limited
About Shakthi Clothings Private Limited
Data last updated:
Shakthi Clothings Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 March 2006.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2006PTC038849.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.5 Lakh. It was led by directors Durgapameshwari Pedamale and Anupama Sathayesh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at No.88 17th Cross 6th Phase Anugraha J.P.Nagar Police Station, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2018, the company reported a revenue of ₹91,351, a decline of 61% compared to the previous year. For the same year it recorded a net loss of ₹46.62 Lakh and EBITDA of -₹46.62 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
As per MCA filings, the company had satisfied charges of ₹1.3 Cr on record.
Company details
Contact details
Shakthi Clothings Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.88 17th Cross 6th Phase Anugraha J.P.Nagar Police Station, Bangalore, Karnataka, India – 560078
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shakthi Clothings 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 Shakthi Clothings 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 |
Financials of Shakthi Clothings Private Limited
FY 2018 filings availableShakthi Clothings Private Limited reported revenue of ₹91,351 (down 61% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 61% fall 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 | ₹91,351 | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹46.62 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹46.62 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Shakthi Clothings Private Limited, buy the company report.
Board of directors of Shakthi Clothings Private Limited
Shakthi Clothings has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durgapameshwari Pedamale | Director | 28 Mar 2006 | 20 Years 7 Months | As last reported |
| Anupama Sathayesh | Director | 28 Mar 2006 | 20 Years 7 Months | As last reported |
Auditor
Shakthi Clothings Private Limited is audited by ANNARAO & SHRIKANTA for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANNARAO & SHRIKANTA | FY 2018 | 009255S |
Shareholding
The shareholding of Shakthi Clothings 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 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shakthi Clothings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Sep 2008 | 10123757 | Syndicate Bank | ₹80 Lakh | Satisfied | |
| 11 Sep 2006 | 10024136 | Syndicate Bank | ₹50 Lakh | Satisfied |
To see the full charge records of Shakthi Clothings Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Shakthi Clothings Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shakthi Clothings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shakthi Clothings Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shakthi Clothings Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Anupama Sathayesh was appointed as Director on 28 Mar 2006.
Frequently asked questions
Shakthi Clothings has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Shakthi Clothings was a private limited company based in Bangalore, Karnataka, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 28 March 2006 and is registered under CIN U18101KA2006PTC038849. The company has been struck off by the Registrar of Companies and is no longer operational.
Shakthi Clothings had 2 directors:
- Durgapameshwari Pedamale - Director
- Anupama Sathayesh - Director
The CIN (Corporate Identification Number) of Shakthi Clothings is U18101KA2006PTC038849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Shakthi Clothings is at No.88 17th Cross 6th Phase Anugraha J.P.Nagar Police Station, Bangalore, Karnataka, India – 560078.
Shakthi Clothings was incorporated on 28 March 2006. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Shakthi Clothings on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
Shakthi Clothings operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
Anupama Sathayesh was appointed as Director on 28 Mar 2006. Durgapameshwari Pedamale was appointed as Director on 28 Mar 2006.
Shakthi Clothings has no open charges and satisfied charges of ₹1.3 Cr as per latest MCA filings.
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