Harmony Garments Private Limited
About Harmony Garments Private Limited
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Harmony Garments Private Limited is a private limited company based in Manesar, Haryana, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 27 December 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101HR2005PTC035972. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vineet Bhasin and Jyoti Bhasin.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 6, Manesar, Haryana.
As per the financials filed for FY 2020, the company reported a revenue of ₹7 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹26,229 (net margin -3.7%) and EBITDA of -₹7.19 Lakh (EBITDA margin -102.7%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 60% over five years.
The company has about 109 employees on its provident fund (EPFO) records.
The company has 2 deals on record (2 secondary share transfers); the latest was in March 2018.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Harmony Garments Private Limited's registered office is in Manesar, Haryana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 28 1st & 2nd Floor Sector 6 Industrial Est, Ate, Manesar, Haryana, India – 122051
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Harmony Garments 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 Harmony Garments Private Limited
FY 2025 filings availableHarmony Garments Private Limited reported revenue of ₹7 Lakh (down 98% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 98% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹7.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26,229 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -102.7% | ||||
| Net Profit Margin | -3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Harmony Garments Private Limited, buy the company report.
Board of directors of Harmony Garments Private Limited
Harmony Garments has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineet Bhasin Also directs: Optimum Luxury Retail Private Limited | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
| Jyoti Bhasin Also directs: Ninen Enterprises LLP, Nasan Garments Private Limited, Optimum Luxury Retail Private Limited and 2 more | Director | 01 Apr 2016 | 10 Years 6 Months | Current |
Auditor
Harmony Garments Private Limited is audited by ASHOK K GOYAL & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK K GOYAL & ASSOCIATES | FY 2019 | 018981N |
Shareholding
The shareholding of Harmony Garments Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Harmony Garments Private Limited, buy the company report.
Deals & funding
Harmony Garments Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Harmony Garments 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 Harmony Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Harmony Garments has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Harmony Garments Private Limited, buy the company report.
Recent activity
Harmony Garments Private Limited has 6 board changes on record since 2016: 2 appointments and 4 cessations. The latest: Vineet Bhasin ceased to be Additional Director on 30 Sep 2018.
Frequently asked questions
Harmony Garments is an active private limited company based in Manesar, Haryana, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 27 December 2005 (21+ years old) and is registered under CIN U18101HR2005PTC035972.
Harmony Garments has 2 current directors:
- Vineet Bhasin - Director
- Jyoti Bhasin - Director
The latest financial statements of Harmony Garments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Harmony Garments has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Harmony Garments is U18101HR2005PTC035972. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harmony Garments was incorporated on 27 December 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Harmony Garments has 2 deals on record (2 secondary share transfers); the latest was in March 2018.
Vineet Bhasin ceased to be Additional Director on 30 Sep 2018. Vineet Bhasin was appointed as Director on 13 Feb 2018. Madhu Bhasin ceased to be Director on 19 Oct 2017. Harmony Garments has 6 board changes on record in total.
The registered office of Harmony Garments is at Plot No. 28 1st & 2nd Floor Sector 6 Industrial Est, Ate, Manesar, Haryana, India – 122051.
Harmony Garments operates in the fashion and textile industry, in the designer and branded fashion segment.