Intersource Garments Private Limited
About Intersource Garments Private Limited
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Intersource Garments Private Limited is a private limited company based in Bharuch, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 24 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC068385. Its GSTIN is 29AADCI1871P2ZY (Karnataka). The company holds 3 GST registrations, of which 1 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 Salim Daud Patel and Iqbal Ibrahim Moosa.
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 Shop No. 32 Sheth Complex Mohmadpura, Bharuch, Gujarat, India – 392001.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.42 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.42 Lakh (net margin 6.4%) and EBITDA of ₹5.91 Lakh (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 27% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Intersource Garments Private Limited's registered office is in Bharuch, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. 32 Sheth Complex Mohmadpura, Bharuch, Gujarat, India – 392001
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Intersource 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
Business activity
The main business activity of Intersource Garments is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Intersource Garments Private Limited, buy the company report.
Financials of Intersource Garments Private Limited
FY 2025 filings availableIntersource Garments Private Limited reported revenue of ₹53.42 Lakh (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 3% fall in the latest year. EBITDA rose 47% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹5.91 Lakh | ||||
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| Net Profit (PAT) | ₹3.42 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Intersource Garments Private Limited, buy the company report.
Board of directors of Intersource Garments Private Limited
Intersource Garments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Salim Daud Patel | Director | 24 Dec 2011 | 14 Years 10 Months | Current |
| Iqbal Ibrahim Moosa Also directs: Alliance Sourcing Group Private Limited | Director | 24 Dec 2011 | 14 Years 10 Months | Current |
Peer comparison
Intersource Garments Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Consulting Services), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Styleart E-Commerce Private Limited | ₹53.45 Lakh (FY 2025) | -58.0% | New Delhi, Delhi, India | |||
| Aparajita Viniyog Private Limited | ₹53.43 Lakh (FY 2025) | -80.0% | Kolkata, West Bengal, India | |||
| Intersource Garments Private Limitedthis company | ₹53.42 Lakh (FY 2024) | ₹3.42 Lakh | 6.4% | -3.0% | Bharuch, Gujarat, India | |
| Dr Harry Consultants Private Limited | ₹53.38 Lakh (FY 2024) | Gharunda, Haryana, India |
To see the full peer comparison of Intersource Garments Private Limited, buy the company report.
Auditor
Intersource Garments Private Limited is audited by MANOJ KUMAR D & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ KUMAR D & ASSOCIATES | FY 2022 | 013987S |
Shareholding
The shareholding of Intersource Garments Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Intersource Garments Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Intersource 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 Intersource Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Intersource Garments has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI1871P2ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Intersource Garments Private Limited, buy the company report.
Recent activity
Intersource Garments Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Iqbal Ibrahim Moosa was appointed as Director on 24 Dec 2011.
Frequently asked questions
Intersource Garments is an active private limited company based in Bharuch, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 24 December 2011 (15+ years old) and is registered under CIN U17120GJ2011PTC068385.
Intersource Garments has 2 current directors:
- Salim Daud Patel - Director
- Iqbal Ibrahim Moosa - Director
The latest financial statements of Intersource 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.
The GSTIN of Intersource Garments is 29AADCI1871P2ZY, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Intersource Garments is U17120GJ2011PTC068385. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Intersource Garments was incorporated on 24 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Intersource Garments by revenue are Styleart E-Commerce Private Limited, Aparajita Viniyog Private Limited, Dr Harry Consultants Private Limited, all in the Apparel industry (Apparel Retail and Distribution, Consulting Services), with the same principal business activity (retail trading).
Iqbal Ibrahim Moosa was appointed as Director on 24 Dec 2011. Salim Daud Patel was appointed as Director on 24 Dec 2011.
The registered office of Intersource Garments is at Shop No. 32 Sheth Complex Mohmadpura, Bharuch, Gujarat, India – 392001.
Intersource Garments operates in the fashion and textile industry, in the fashion retail segment.
The compliance status of Intersource Garments is compliant as of 19 August 2026. The company is actively filing with the Registrar of Companies.
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