About Indaco Denims Private Limited
Data last updated:
Indaco Denims Private Limited is a private limited company based in Palghar, Maharashtra, India, a subsidiary of Indaco Jeans Private Limited. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 19 October 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18209MH2022PTC392393. Its GSTIN is 27AAGCI8904G1ZF (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors Sudesh Janardan Vaidya and Charusheela Wilson Master.
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 Bunglow No – 2 Landmark Jawahar Vidyalay Road, Palghar, Maharashtra, India – 401404.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.42 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹38,325 (net margin -0.3%) and EBITDA of -₹38,325 (EBITDA margin -0.3%).
For more details, the company can be reached via its website indacojeans.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBunglow No – 2 Landmark Jawahar Vidyalay Road, Palghar, Maharashtra, India – 401404
- IndustryAppreal & Fashion, Leather, Textile, Apparel
- 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
- One PDF report, delivered after checkout
Business Activity of Indaco Denims Private Limited
The main business activity of Indaco Denims is manufacturing. In detail, this covers manufacture of wearing apparel.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 14 | Manufacture of wearing apparel | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Indaco Denims Private Limited FY 2024 filings available
Indaco Denims Private Limited reported revenue of ₹1.42 Cr (up 184% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indaco Denims Private Limited
Revenue rose 184% in the latest year. EBITDA fell 117% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Indaco Denims Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹38,325 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹38,325 | •••• | •••• |
| 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 of Indaco Denims Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -0.3% | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indaco Denims are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Indaco Denims Private Limited
Indaco Denims Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Glow Embroidery Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Delhi, India |
| Shri Ramalinga Textiles (Aruppukottai) Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | -98.0% | •••• | Savvaspuram Aruppukottai, Tamil Nadu, India |
| Ahmedabad Dyeing and Printing Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Ahmedabad, Gujarat, India |
| Ijya Fashions Private Limited | ₹1.42 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | New Delhi, Delhi, India |
| Karpagam Weaves Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Tamil Nadu, India |
| Indaco Denims Private Limited this company | ₹1.42 Cr (FY 2025) | •••• | •••• | 184.0% | •••• | Palghar, Maharashtra, India |
| Ompex Industries Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 123.0% | •••• | Ankleshwar, Gujarat, India |
| Esper Fashions Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Hans Vinyls Private Limited | ₹1.42 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| Fashion Tribe Private Limited | ₹1.42 Cr (FY 2022) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Bora Knitwear Private Ltd | ₹1.42 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Indaco Denims by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Indaco Denims Private Limited
Indaco Denims Private Limited is audited by Jignesh Savla and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jignesh Savla and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Indaco Denims Private Limited
Indaco Denims has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudesh Janardan Vaidya Also directs: Paramount Lifestyle Private Limited, Indaco Jeans Limited, Artemis Advanced Composites Private Limited and 4 more | Director | 19 Oct 2022 | 3 Years 11 Months | Current |
| Charusheela Wilson Master Also directs: Indaco Jeans Limited, Ivisha Properties Private Limited | Director | 19 Oct 2022 | 3 Years 11 Months | Current |
Ownership and Shareholding of Indaco Denims Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indaco Denims Private Limited
Indaco Denims Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Indaco Denims Private Limited
Indaco Denims Private Limited has a workforce of 0 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Indaco Denims Private Limited
Indaco Denims Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Charusheela Wilson Master was appointed as Director on 19 Oct 2022.
Credit Ratings, Litigation & Regulatory Alerts for Indaco Denims Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Indaco Denims Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indaco Denims Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Indaco Denims Private Limited
Indaco Denims has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCI8904G1ZF | Maharashtra | Active | 11 Nov 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indaco Denims Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Indaco Denims Private Limited
Indaco Denims is an active private limited company based in Palghar, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 19 October 2022 (4+ years old) and is registered under CIN U18209MH2022PTC392393.
Indaco Denims reported revenue of ₹1.42 Cr for FY 2025 (up 184% YoY).
Indaco Denims has 2 current directors:
- Sudesh Janardan Vaidya - Director
- Charusheela Wilson Master - Director
Indaco Denims reported a net loss of ₹38,325 (net margin -0.3%) and EBITDA of -₹38,325 (EBITDA margin -0.3%) for FY 2025, as per its filed financial statements.
The GSTIN of Indaco Denims is 27AAGCI8904G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indaco Denims is U18209MH2022PTC392393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indaco Denims was incorporated on 19 October 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Indaco Denims by revenue are Glow Embroidery Private Limited, Shri Ramalinga Textiles (Aruppukottai) Private Limited, Ahmedabad Dyeing and Printing Private Limited, Ijya Fashions Private Limited, Karpagam Weaves Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Charusheela Wilson Master was appointed as Director on 19 Oct 2022. Sudesh Janardan Vaidya was appointed as Director on 19 Oct 2022.
Indaco Denims can be reached through the website indacojeans.com. Its registered office is in Palghar, Maharashtra, India.
The registered office of Indaco Denims is at Bunglow No – 2 Landmark Jawahar Vidyalay Road, Palghar, Maharashtra, India – 401404.