About Suits India Private Limited
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Suits India Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Cheraman Financial Services Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 29 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U17200KL2013PTC035538. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹8.41 Lakh and a paid-up capital of ₹8.28 Lakh. It is led by directors Aju George Kurian (Managing Director) and Geetha George.
Its last annual general meeting (AGM) was held on 14 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 15/773 Karanjikudy House Perumbavoor P.O Thottungal Lane, Ernakulam, Kerala, India – 683542.
As per the financials filed for FY 2018, the company reported a revenue of ₹46.21 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹85.28 Lakh (net margin -184.6%) and EBITDA of -₹77.65 Lakh (EBITDA margin -168.1%).
The company is associated with 1 brand: Suits India. As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suitsindia.com.
Company details
Contact details
Suits India Private Limited's registered office is in Ernakulam, Kerala. Its website is suitsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address15/773 Karanjikudy House Perumbavoor P.O Thottungal Lane, Ernakulam, Kerala, India – 683542
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Suits India 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
Suits India operates one associated brand: Suits India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides custom suits, fabrics, and design app for tailored menswear. | suitsindia.com |
Financials of Suits India Private Limited
FY 2018 filings availableSuits India Private Limited reported revenue of ₹46.21 Lakh (up 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 20% in the latest 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 | ₹46.21 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹77.65 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹85.28 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 | -168.1% | |||
| Net Profit Margin | -184.6% | |||
| 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 Suits India Private Limited, buy the company report.
Board of directors of Suits India Private Limited
Suits India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geetha George | Director | 29 Nov 2013 | 12 Years 10 Months | Current |
| Aju George Kurian | Managing Director | 29 Nov 2013 | 12 Years 10 Months | Current |
Auditor
Suits India Private Limited is audited by KRISHNAMOORTHY & KRISHNAMOORTHY for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAMOORTHY & KRISHNAMOORTHY | FY 2018 | 001488S |
Shareholding
The shareholding of Suits India Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Suits India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2017 | 100124478 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Suits India 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, Patiala, Punjab | Commercial suit | Filed against the company by an individual | Disposed |
To see the full case history of Suits India 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 Suits India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Suits India 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 Suits India Private Limited, buy the company report.
Recent activity
Suits India Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Anoop Sreedhar Sreedharan Krishnapilla ceased to be Nominee Director on 07 Jan 2019.
Frequently asked questions
Suits India is an active private limited company based in Ernakulam, Kerala, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 29 November 2013 (13+ years old) and is registered under CIN U17200KL2013PTC035538.
Suits India has 2 current directors:
- Aju George Kurian - Managing Director
- Geetha George - Director
The latest financial statements of Suits India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 14 September 2018. Year-wise statements from 2015 are in the company report.
No. Suits India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Suits India is U17200KL2013PTC035538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suits India has 1 court case on record: 1 filed against it.
Suits India was incorporated on 29 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
Anoop Sreedhar Sreedharan Krishnapilla ceased to be Nominee Director on 07 Jan 2019. Earasseril Solomon Jose ceased to be Director on 07 Jan 2019. Remesh Shenoi Surendra ceased to be Nominee Director on 07 Jan 2019. Suits India has 8 board changes on record in total.
Suits India can be reached through the website suitsindia.com. Its registered office is in Ernakulam, Kerala, India.
The registered office of Suits India is at 15773 Karanjikudy House Perumbavoor P.O Thottungal Lane, Ernakulam, Kerala, India – 683542.