MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-PB-12-0120629
Abir Knits Private Limited
Abir Knits Private Limited - fashion and textile in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹3.66 Cr
▼ 72% YoY
Net loss · FY 2020
₹3.38 Cr
Net margin -92.4%
EBITDA · FY 2020
-₹3.38 Cr
EBITDA margin -92.4%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹2.5 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
3
Provident fund records
About Abir Knits Private Limited
Data last updated:
Abir Knits Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Manomay Foods & Beverages Private Limited. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 09 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17100PB2015PTC039805. Its GSTIN is 03AANCA9696A1ZJ (Punjab).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors Rakesh Dutt and Mohit Sharma.
Its last annual general meeting (AGM) was held on 30 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at E – 715 Phase – VIII Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.66 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹3.38 Cr (net margin -92.4%) and EBITDA of -₹3.38 Cr (EBITDA margin -92.4%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Abir Knits Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0120629). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17100PB2015PTC039805
Registration Number 039805
Incorporation Date 09 October 2015
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Parent Company Manomay Foods & Beverages Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0120629
Key People
Rakesh Dutt Director Mohit Sharma Director Recognitions & Rankings of Abir Knits
Contact details
Abir Knits Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressE – 715 Phase – VIII Focal Point, Ludhiana, Punjab, India – 141010
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Abir Knits Private Limited, buy the company report.
Comprehensive company report
Abir Knits 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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Secure checkout · GST invoice included
Business activity
The main business activity of Abir Knits is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Abir Knits Private Limited, buy the company report.
Financials of Abir Knits Private Limited
FY 2020 filings availableAbir Knits Private Limited reported revenue of ₹3.66 Cr (down 72% YoY) for FY 2020.
Revenue · FY 2020
₹3.66 Cr ▼ 72%
Net loss · FY 2020
₹3.38 Cr margin -92.4%
EBITDA · FY 2020
-₹3.38 Cr margin -92.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 52%
EBITDA CAGR growth
1 year
▲ 34%
3 years · compounded
▼ 83%
Revenue has declined at a compounded annual rate (CAGR) of 52% over three years, including a 72% fall in the latest year. EBITDA rose 34% 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 | ₹3.66 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.38 Cr | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -92.4% | ||||
| Net Profit Margin | -92.4% | ||||
| 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 Abir Knits Private Limited, buy the company report.
Board of directors of Abir Knits Private Limited
Abir Knits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Dutt | Director | 16 Sep 2016 | 10 Years 1 Months | Current |
| Mohit Sharma | Director | 16 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Abir Knits Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mychoicee Knit and Apparels Private Limited | ₹3.77 Cr (FY 2019) | -35.0% | Bangalore, Karnataka, India | |||
| Abir Knits Private Limitedthis company | ₹3.66 Cr (FY 2020) | -₹3.38 Cr | -92.4% | -72.0% | 3 | Ludhiana, Punjab, India |
| Combine Sales Pvt Ltd | ₹3.65 Cr (FY 2025) | 39.0% | Indore, Madhya Pradesh, India | |||
| Jyoti Apparels Private Limited | ₹3.61 Cr (FY 2025) | -33.0% | New Delhi, Delhi, India | |||
| Sourcing Simplifie Private Limited | ₹3.61 Cr (FY 2019) | 189.0% | Gurugram, Haryana, India | |||
| Ardee Komfab Private Limited | ₹3.59 Cr (FY 2024) | -36.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Abir Knits Private Limited, buy the company report.
Auditor
Abir Knits Private Limited is audited by RAMAN WADHWA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMAN WADHWA & CO | FY 2020 | 012037N |
Shareholding
The shareholding of Abir Knits 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abir Knits Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
₹2.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Oct 2016 | 100068348 | Others | ₹10 Cr | Open | |
| 04 Jul 2016 | 100040914 | Others | ₹2.5 Cr | Satisfied |
To see the full charge records of Abir Knits Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Abir Knits Private Limited has 3 court cases on record: 3 filed by Abir Knits. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against PNB | Disposed |
| High Court, PUNJAB | Writ petition | Filed by the company against Reserve Bank of India and Anr and 1 other | Pending |
| High Court, PUNJAB | Writ petition | Filed by the company against Reserve Bank of India and Others and 2 others | Disposed |
To see the full case history of Abir Knits 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 Abir Knits Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Abir Knits Private Limited has a workforce of 3 employees on its EPFO records as of Aug 2017, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2017-18 | 3 |
| FY 2016-17 |
To see the full employee and EPFO history of Abir Knits Private Limited, buy the company report.
GST
Abir Knits has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AANCA9696A1ZJ | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abir Knits Private Limited, buy the company report.
Recent activity
Abir Knits Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Anshul Sahi ceased to be Director on 16 Sep 2016.
AGM
Abir Knits Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Filing
Abir Knits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.
Charges
A charge registered on 04 Jul 2016 via Charge ID 100040914 with Others was fully satisfied on 27 Dec 2016.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100068348 was registered on 06 Oct 2016.
Ceased
Anshul Sahi ceased to be Director.
Appointed
Mohit Sharma was appointed as Director.
Appointed
Rakesh Dutt was appointed as Director.
Ceased
Rohit Sahi ceased to be Director.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100040914 was registered on 04 Jul 2016.
Incorporation
09 Oct 2015
Abir Knits Private Limited was registered on 09 Oct 2015 with Roc Chandigarh & aged 11 years 1 month as per MCA records.
Frequently asked questions
Abir Knits is an active private limited company based in Ludhiana, Punjab, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 09 October 2015 (11+ years old) and is registered under CIN U17100PB2015PTC039805.
Abir Knits has 2 current directors:
- Rakesh Dutt - Director
- Mohit Sharma - Director
The latest financial statements of Abir Knits on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 30 December 2020. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Abir Knits is 03AANCA9696A1ZJ, registered in Punjab.
The CIN (Corporate Identification Number) of Abir Knits is U17100PB2015PTC039805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abir Knits has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.
Abir Knits was incorporated on 09 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Abir Knits by revenue are Mychoicee Knit and Apparels Private Limited, Combine Sales Pvt Ltd, Jyoti Apparels Private Limited, Sourcing Simplifie Private Limited, Ardee Komfab Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Anshul Sahi ceased to be Director on 16 Sep 2016. Mohit Sharma was appointed as Director on 16 Sep 2016. Rakesh Dutt was appointed as Director on 16 Sep 2016. Abir Knits has 4 board changes on record in total.
Yes, Abir Knits is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0120629).
The registered office of Abir Knits is at E – 715 Phase – VIII Focal Point, Ludhiana, Punjab, India – 141010.
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