- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0011596

About Alpha Stitch-Art Private Limited
Data last updated:
Alpha Stitch-Art Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the leather goods segment of the manufacturing sector. It was incorporated on 17 June 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC080066. Its GSTIN is 19AABCB0601J1Z3 (West Bengal).
The company has an authorised share capital of ₹2.45 Cr and a paid-up capital of ₹4.07 Lakh. It was formerly known as Bhaskar Apparels Pvt Ltd. It is led by directors Ashish Bansal Aggarwal and Aarti B Aggarwal.
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 16 Abanindranath Thakur Sarani Unit No.601 'L&T Chambers' 6th Floor, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.63 Cr, a growth of 90% compared to the previous year. For the same year it recorded a net profit of ₹9.13 Cr (net margin 72.3%) and EBITDA of ₹10.22 Cr (EBITDA margin 80.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
Its group structure includes 4 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending.
Alpha Stitch-Art Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0011596). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alphaindia.com.
Company details
CIN history
Alpha Stitch-Art has one previous CIN (Corporate Identification Number): U80066WB1996PTC080066. The current CIN is U51909WB1996PTC080066, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909WB1996PTC080066 | Current |
| U80066WB1996PTC080066 | Previous |
Recognitions & Rankings of Alpha Stitch-Art
Contact details
Alpha Stitch-Art Private Limited's registered office is in Kolkata, West Bengal. Its website is alphaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16 Abanindranath Thakur Sarani Unit No.601 'L&T Chambers' 6th Floor, Kolkata, West Bengal, India – 700017
- IndustryManufacturing, Leather Goods
To see the full contact details of Alpha Stitch-Art 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 Alpha Stitch-Art is manufacturing. In detail, this covers manufacture of leather and related products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 15 | Manufacture of leather and related products |
To see the full business activity and turnover split of Alpha Stitch-Art Private Limited, buy the company report.
Financials of Alpha Stitch-Art Private Limited
FY 2025 filings availableAlpha Stitch-Art Private Limited reported revenue of ₹12.63 Cr (up 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 90% growth in the latest year. EBITDA rose 378% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.22 Cr | ||||
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| Net Profit (PAT) | ₹9.13 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 80.9% | ||||
| Net Profit Margin | 72.3% | ||||
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To see the full financial statements and ratios of Alpha Stitch-Art Private Limited, buy the company report.
Board of directors of Alpha Stitch-Art Private Limited
Alpha Stitch-Art has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Bansal Aggarwal Also directs: Advent Leather Export LLP, Alpha Overseas International Pvt Ltd, Leather Apparels Private Limited and 2 more | Director | 17 Jun 1996 | 30 Years 4 Months | Current |
| Aarti B Aggarwal | Director | 17 Mar 1998 | 28 Years 7 Months | Current |
Auditor
Alpha Stitch-Art Private Limited is audited by AGARWAL RAMESH K AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL RAMESH K AND CO. | FY 2023 | 004614C |
Shareholding
The shareholding of Alpha Stitch-Art Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alpha Stitch-Art Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2017 | 100115714 | Citi Bank N.A. | ₹1.5 Cr | Satisfied |
To see the full charge records of Alpha Stitch-Art Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Alpha Stitch-Art Private Limited has 5 court cases on record: 4 filed by Alpha Stitch-Art, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 1 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (APOT) | Filed against the company by The West Bengal Small Industries Development Corporation Ltd. and Ors Kamal Kumar Chattopadhyay | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against The West Bengal Small Industries Development Corporation Ltd. and Ors. | Disposed |
| High Court, West Bengal | Writ petition | Filed by the company against Kolkata Municipal Corporation and Ors. | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against an individual | Disposed |
| Calcutta High Court | Writ petition | Filed by the company against State of West Bengal & Ors | Disposed |
To see the full case history of Alpha Stitch-Art 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
Alpha Stitch-Art Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 40 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Chemgems (India) Private Limited | |||
| C & E Limited | |||
| Vibgyor Chemicals |
To see the full MSME payment records of Alpha Stitch-Art Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Alpha Stitch-Art has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Alpha Overseas International Pvt Ltd | U19201WB1991PTC053693 | |
| Leather Apparels Private Limited | U29266WB1998PTC087398 | |
| Boston Finance Pvt Ltd | U67120WB1995PTC076205 | |
| South Park Promoters Pvt Ltd | U70109WB1995PTC072902 |
To see the full group structure of Alpha Stitch-Art Private Limited, buy the company report.
GST
Alpha Stitch-Art has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCB0601J1Z3 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alpha Stitch-Art Private Limited, buy the company report.
Recent activity
Alpha Stitch-Art Private Limited has 4 board changes on record since 1996: 2 appointments and 2 cessations. The latest: Aaina Bansal ceased to be Director on 23 Aug 2019.
Frequently asked questions
Alpha Stitch-Art is an active private limited company based in Kolkata, West Bengal, India. The company works in leather goods, within the manufacturing industry. It was incorporated on 17 June 1996 (30+ years old) and is registered under CIN U51909WB1996PTC080066.
Alpha Stitch-Art has 2 current directors:
- Ashish Bansal Aggarwal - Director
- Aarti B Aggarwal - Director
The latest financial statements of Alpha Stitch-Art 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 Alpha Stitch-Art is 19AABCB0601J1Z3, registered in West Bengal.
The CIN (Corporate Identification Number) of Alpha Stitch-Art is U51909WB1996PTC080066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alpha Stitch-Art has 5 court cases on record: 4 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Alpha Stitch-Art was incorporated on 17 June 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Aaina Bansal ceased to be Director on 23 Aug 2019. Tanya Bansal ceased to be Additional Director on 30 Sep 2016. Aarti B Aggarwal was appointed as Director on 17 Mar 1998. Alpha Stitch-Art has 4 board changes on record in total.
Yes, Alpha Stitch-Art is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0011596).
Alpha Stitch-Art has 9 MSME Form 1 returns on record between 2019 and 2023, listing 40 overdue payments to 15 micro and small suppliers. The latest return was filed on 18 Jan 2024.
Alpha Stitch-Art can be reached through the website alphaindia.com. Its registered office is in Kolkata, West Bengal, India.

