Vinked Cloths Private Limited
About Vinked Cloths Private Limited
Data last updated:
Vinked Cloths Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 June 1997.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH1997PTC108871. Its GSTIN is 27AAACV3676Q1ZK (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.79 Lakh. It was led by directors including Sameer Mahesh Kanani and Avinash Atmaram Bagul (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 16/18 Champa Gally `X' Lanegirilila Building 1st Floor Backside, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2022, the company reported a revenue of ₹20.83 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹6.12 Lakh (net margin 29.4%) and EBITDA of ₹6.22 Lakh (EBITDA margin 29.8%). Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 56% over five years.
As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Vinked Cloths Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address16/18 Champa Gally `X' Lanegirilila Building 1st Floor Backside, Mumbai, Maharashtra, India – 400002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Vinked Cloths 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
Financials of Vinked Cloths Private Limited
FY 2022 filings availableVinked Cloths Private Limited reported revenue of ₹20.83 Lakh (down 94% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 94% fall in the latest year. EBITDA rose 341% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹6.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.12 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.8% | ||||
| Net Profit Margin | 29.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Vinked Cloths Private Limited, buy the company report.
Board of directors of Vinked Cloths Private Limited
Vinked Cloths has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Mahesh Kanani Also directs: Kanani Trading LLP, Sheetal Drape (India) Private Limited, Eleganza Furnishings Private Limited and 1 more | Director | 28 Apr 2004 | 22 Years 6 Months | As last reported |
| Avinash Atmaram Bagul | Irp/Rp/Liquidator | 10 May 2023 | 3 Years 6 Months | As last reported |
| Mahesh Ramdas Kanani | Director | 01 Mar 2018 | 8 Years 8 Months | As last reported |
| Anil Tolaram Jalan Also directs: Prakash Cotton Mills Private Limited | Director | 25 Jun 2007 | 19 Years 4 Months | As last reported |
| Shashi Anil Jalan | Director | 25 Apr 2018 | 8 Years 6 Months | As last reported |
Peer comparison
Vinked Cloths Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KCRM Creations Private Limited | ₹20.94 Lakh (FY 2025) | -66.0% | New Delhi, Delhi, India | |||
| Showit Clothing & Apparels Private Limited | ₹20.9 Lakh (FY 2015) | -27.0% | Bangalore, Karnataka, India | |||
| Vinked Cloths Private Limitedthis company | ₹20.83 Lakh (FY 2022) | ₹6.12 Lakh | 29.4% | -94.0% | Mumbai, Maharashtra, India | |
| Manav Mercantile Private Limited | ₹20.81 Lakh (FY 2024) | 22.0% | Ahmedabad, Gujarat, India | |||
| Nova Exim Solutions Private Limited | ₹20.78 Lakh (FY 2017) | 612.0% | Delhi, India |
To see the full peer comparison of Vinked Cloths Private Limited, buy the company report.
Auditor
Vinked Cloths Private Limited is audited by AJIT P SUTARIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJIT P SUTARIA & CO | FY 2020 | 100232W |
Shareholding
The shareholding of Vinked Cloths Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Vinked Cloths Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2008 | 10098049 | The Saraswat Co-Op Bank Ltd | ₹1.5 Cr | Satisfied |
To see the full charge records of Vinked Cloths Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vinked Cloths Private Limited has 1 court case on record: 1 filed by Vinked Cloths. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Vinked Cloths 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 Vinked Cloths Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vinked Cloths has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV3676Q1ZK | Maharashtra | Active | 01 Jul 2017 |
| 24AAACV3676Q1ZQ | Gujarat | Active | 28 Jun 2017 |
To see the full GST registrations and return filing status of Vinked Cloths Private Limited, buy the company report.
Recent activity
Vinked Cloths Private Limited has 7 board changes on record since 2004: 5 appointments and 2 cessations. The latest: Avinash Atmaram Bagul was appointed as Irp/Rp/Liquidator on 10 May 2023.
Frequently asked questions
Vinked Cloths has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Vinked Cloths was a private limited company based in Mumbai, Maharashtra, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 June 1997 and is registered under CIN U51311MH1997PTC108871. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Vinked Cloths was incorporated on 18 June 1997. It is registered with the Registrar of Companies, Mumbai.
Vinked Cloths had 5 directors:
- Sameer Mahesh Kanani - Director
- Mahesh Ramdas Kanani - Director
- Anil Tolaram Jalan - Director
- Shashi Anil Jalan - Director
- Avinash Atmaram Bagul - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Vinked Cloths is U51311MH1997PTC108871. 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 Vinked Cloths is at 1618 Champa Gally `X Lanegirilila Building 1st Floor Backside, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Vinked Cloths on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Vinked Cloths is 27AAACV3676Q1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACV3676Q1ZQ (Gujarat).
Vinked Cloths operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Vinked Cloths by revenue are KCRM Creations Private Limited, Showit Clothing & Apparels Private Limited, Manav Mercantile Private Limited, Nova Exim Solutions Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Vinked Cloths has 1 court case on record: 1 filed by the company.
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