Studio Attire Initiative Private Limited

Studio Attire Initiative Private Limited - appreal & fashion in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U52100KA2011PTC059490 Incorporated 05 July 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company appreal and fashion
Revenue · FY 2016
₹1.08 Cr
▼ 33% YoY
Net loss · FY 2016
₹24.19 Lakh
Net margin -22.4%
EBITDA · FY 2016
-₹22.4 Lakh
EBITDA margin -20.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings

About Studio Attire Initiative Private Limited

Data last updated:

Studio Attire Initiative Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 05 July 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52100KA2011PTC059490. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashutosh Goyal (Managing Director) and Shyamala Roselin Goyal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 100 1st Floor Onsite House 11th Main 10th Cross Indiranagar Hal 2nd Stage, Bangalore, Karnataka, India – 560008.

As per the financials filed for FY 2016, the company reported a revenue of ₹1.08 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹24.19 Lakh (net margin -22.4%) and EBITDA of -₹22.4 Lakh (EBITDA margin -20.7%).

As per MCA filings, the company has open charges of ₹10 Lakh on record.

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 studioattireinitiative.co.

Company details

CIN U52100KA2011PTC059490
Registration Number 059490
Incorporation Date 05 July 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant

Contact details

Studio Attire Initiative Private Limited's registered office is in Bangalore, Karnataka.

  • Registered Address
    100 1st Floor Onsite House 11th Main 10th Cross Indiranagar Hal 2nd Stage, Bangalore, Karnataka, India – 560008
  • Industry
    Appreal & Fashion, Leather, Textile, Apparel
Comprehensive company report
Studio Attire Initiative Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Business activity

The main business activity of Studio Attire Initiative is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Studio Attire Initiative Private Limited, buy the company report.

Financials of Studio Attire Initiative Private Limited

FY 2016 filings available

Studio Attire Initiative Private Limited reported revenue of ₹1.08 Cr (down 33% YoY) for FY 2016.

Revenue · FY 2016
₹1.08 Cr ▼ 33%
Net loss · FY 2016
₹24.19 Lakh margin -22.4%
EBITDA · FY 2016
-₹22.4 Lakh margin -20.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 33%
EBITDA CAGR growth
1 year
▼ 841%

Revenue fell 33% in the latest year. EBITDA fell 841% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹22.4 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹24.19 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

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin-20.7%
Net Profit Margin-22.4%
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 Studio Attire Initiative Private Limited, buy the company report.

Board of directors of Studio Attire Initiative Private Limited

Studio Attire Initiative has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shyamala Roselin GoyalWhole-Time Director31 Jan 201313 Years 9 MonthsCurrent
Ashutosh GoyalManaging Director05 Jul 201115 Years 4 MonthsCurrent

Peer comparison

Studio Attire Initiative Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Chaplet Pharmaceutical Private Limited₹1.08 Cr (FY 2025)7.0%New Delhi, Delhi, India
Neehao Agro India Private Limited₹1.08 Cr (FY 2024)14076.0%Thane, Maharashtra, India
Satyam Formulation Private Limited₹1.08 Cr (FY 2024)-12.0%Delhi, India
Shivani Fintrade Private Limited₹1.08 Cr (FY 2025)0.0%Ahmedabad, Gujarat, India
Studio Attire Initiative Private Limitedthis company₹1.08 Cr (FY 2016)-₹24.19 Lakh-22.4%-33.0%Bangalore, Karnataka, India
Ricon Batteries Private Limited₹1.08 Cr (FY 2025)-40.0%Ahmedabad, Gujarat, India
Rosa Vida Fashions (OPC) Private Limited₹1.08 Cr (FY 2022)7.0%Kolkata, West Bengal, India
Flavco Food Products Private Limited₹1.08 Cr (FY 2023)67.0%Kodungallur, Kerala, India
Amrutha Dental Private Limited₹1.08 Cr (FY 2020)-61.0%Hyderabad, Telangana, India
New Eros Tradecom Limited₹1.08 Cr (FY 2025)154.0%Kolkata, West Bengal, India

To see the full peer comparison of Studio Attire Initiative Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
State Bank of Patiala₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Nov 201410533156State Bank of Patiala₹10 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Studio Attire Initiative Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Studio Attire Initiative has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Studio Attire Initiative Private Limited, buy the company report.

Recent activity

Studio Attire Initiative Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Ashutosh Goyal ceased to be Director on 30 Sep 2014.

AGM
Studio Attire Initiative Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records.
Filing
Studio Attire Initiative Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.
Charges
A charge with State Bank Of Patiala amounted to Rs. 10.00 Lakh with Charge ID 10533156 was registered on 20 Nov 2014.
Ceased
Ashutosh Goyal ceased to be Director.
Ceased
Shyamala Roselin Goyal ceased to be Director.
Ceased
Debasis Chakraborty ceased to be Director.
Appointed
Shyamala Roselin Goyal was appointed as Whole-Time Director.
Ceased
Pritam Vithal Malji ceased to be Director.
Appointed
Ashutosh Goyal was appointed as Managing Director.
Incorporation
05 Jul 2011
Studio Attire Initiative Private Limited was registered on 05 Jul 2011 with Roc Bangalore & aged 15 years 4 months as per MCA records.

Frequently asked questions

Studio Attire Initiative is an active private limited company based in Bangalore, Karnataka, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 05 July 2011 (15+ years old) and is registered under CIN U52100KA2011PTC059490.

Studio Attire Initiative has 2 current directors:

The latest financial statements of Studio Attire Initiative on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.

No. Studio Attire Initiative has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Studio Attire Initiative is U52100KA2011PTC059490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Studio Attire Initiative was incorporated on 05 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Studio Attire Initiative by revenue are Chaplet Pharmaceutical Private Limited, Neehao Agro India Private Limited, Satyam Formulation Private Limited, Shivani Fintrade Private Limited, Ricon Batteries Private Limited and 4 more, all in the same principal business activity (wholesale trading).

Ashutosh Goyal ceased to be Director on 30 Sep 2014. Shyamala Roselin Goyal ceased to be Director on 30 Sep 2014. Debasis Chakraborty ceased to be Director on 31 Jan 2013. Studio Attire Initiative has 6 board changes on record in total.

Studio Attire Initiative can be reached through the website studioattireinitiative.co. Its registered office is in Bangalore, Karnataka, India.

The registered office of Studio Attire Initiative is at 100 1st Floor Onsite House 11th Main 10th Cross Indiranagar Hal 2nd Stage, Bangalore, Karnataka, India – 560008.

Studio Attire Initiative operates in the apparel and fashion industry, in the leather segment.