Clothverse Private Limited

Clothverse Private Limited - textile in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U17299GJ2022PTC130227 Incorporated 21 March 2022 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company textile MSME · Micro
Data last updated
Revenue · FY 2024
₹54.74 Lakh
▲ 909% YoY
Net loss · FY 2024
₹7.48 Lakh
Net margin -13.7%
EBITDA · FY 2024
-₹6.25 Lakh
EBITDA margin -11.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
Last financials
Mar 2024
Balance sheet date

About Clothverse Private Limited

Data last updated:

Clothverse Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the manufacturing segment of the textiles sector. It was incorporated on 21 March 2022.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2022PTC130227.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dhruv Rameshchandra Patel and Jaimin Patel.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shed No. 41 Shree Ram Ind Estate Part – 3 B/H Shree Ram Ind Estate Part – 1 Narol, Ahmedabad, Gujarat, India – 382405.

As per the financials filed for FY 2024, the company reported a revenue of ₹54.74 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹7.48 Lakh (net margin -13.7%) and EBITDA of -₹6.25 Lakh (EBITDA margin -11.4%).

Court records list 1 case involving the company, including 1 filed against it.

Clothverse Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0205077).

Company details

CIN U17299GJ2022PTC130227
Registration Number 130227
Incorporation Date 21 March 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0205077
Key People
Dhruv Rameshchandra Patel Director Jaimin Patel Director Nagar Rakshak Kantilal Director

Recognitions & Rankings of Clothverse

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0205077

Contact details

Clothverse Private Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    Shed No. 41 Shree Ram Ind Estate Part – 3 B/H Shree Ram Ind Estate Part – 1 Narol, Ahmedabad, Gujarat, India – 382405
  • Industry
    Textile, Manufacturing, Textile
Comprehensive company report
Clothverse Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Clothverse is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

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

Financials of Clothverse Private Limited

FY 2024 filings available

Clothverse Private Limited reported revenue of ₹54.74 Lakh (up 909% YoY) for FY 2024.

Revenue · FY 2024
₹54.74 Lakh ▲ 909%
Net loss · FY 2024
₹7.48 Lakh margin -13.7%
EBITDA · FY 2024
-₹6.25 Lakh margin -11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 909%
EBITDA CAGR growth
1 year
▲ 28%

Revenue rose 909% in the latest year. EBITDA rose 28% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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-₹6.25 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.48 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 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-11.4%
Net Profit Margin-13.7%
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 Clothverse Private Limited, buy the company report.

Board of directors of Clothverse Private Limited

Clothverse has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Dhruv Rameshchandra Patel
Also directs: Prarambha Solutions Private Limited
Director21 Mar 20224 Years 7 MonthsCurrent
Jaimin Patel
Also directs: Peepal Tree Apparel LLP, Prarambha Solutions Private Limited
Director21 Mar 20224 Years 7 MonthsCurrent
Nagar Rakshak Kantilal
Also directs: Peepal Tree Apparel LLP
Director21 Mar 20224 Years 7 MonthsCurrent
View all directors

Peer comparison

Clothverse Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Faridabad Knitwear Private Limited₹54.79 Lakh (FY 2022)Old Faridabad, Haryana, India
Clothverse Private Limitedthis company₹54.74 Lakh (FY 2024)-₹7.48 Lakh-13.7%909.0%Ahmedabad, Gujarat, India
Redbridge Enterprises Private Limited₹54.72 Lakh (FY 2024)43.0%Chennai, Tamil Nadu, India
SHM Designs Private Limited₹54.7 Lakh (FY 2025)-20.0%Mumbai, Maharashtra, India
Ekadrishta Exclusives Private Limited₹54.67 Lakh (FY 2025)-19.0%Mumbai, Maharashtra, India

To see the full peer comparison of Clothverse Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Clothverse 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 Clothverse Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Clothverse Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Dhruv Rameshchandra Patel was appointed as Director on 21 Mar 2022.

AGM
Clothverse Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Clothverse Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Dhruv Rameshchandra Patel was appointed as Director.
Appointed
Jaimin Patel was appointed as Director.
Appointed
Nagar Rakshak Kantilal was appointed as Director.
Incorporation
21 Mar 2022
Clothverse Private Limited was registered on 21 Mar 2022 with Roc Ahmedabad & aged 4 years 7 months as per MCA records.

Frequently asked questions

Clothverse is an active private limited company based in Ahmedabad, Gujarat, India. The company works in manufacturing, within the textile industry. It was incorporated on 21 March 2022 (4+ years old) and is registered under CIN U17299GJ2022PTC130227.

Clothverse has 3 current directors:

The latest financial statements of Clothverse on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.

The CIN (Corporate Identification Number) of Clothverse is U17299GJ2022PTC130227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Clothverse has 1 court case on record: 1 filed against it.

Clothverse was incorporated on 21 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Clothverse by revenue are Faridabad Knitwear Private Limited, Redbridge Enterprises Private Limited, SHM Designs Private Limited, Ekadrishta Exclusives Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Dhruv Rameshchandra Patel was appointed as Director on 21 Mar 2022. Jaimin Patel was appointed as Director on 21 Mar 2022. Nagar Rakshak Kantilal was appointed as Director on 21 Mar 2022.

Yes, Clothverse is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0205077).

The registered office of Clothverse is at Shed No. 41 Shree Ram Ind Estate Part – 3 BH Shree Ram Ind Estate Part – 1 Narol, Ahmedabad, Gujarat, India – 382405.

Clothverse operates in the textile industry, in the manufacturing segment.