Altmat Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials and compliance.
CIN U17299GJ2019PTC111529 Incorporated 19 December 2019 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹1.1 Cr
▲ 61.00% YoY
EBITDA · FY 2024
Locked
In full report
Net profit · FY 2024
Locked
In full report
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹56.83 Lakh
Issued & subscribed
Open charges
None
Secured borrowings
Company age
7 yrs
Est. 2019
Last financials
Mar 2025
Balance sheet date

About Altmat Private Limited

Data last updated: 24 February 2026

Altmat Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 19 December 2019, the company has been in operation for over 7 years.

Registered with ROC Ahmedabad under CIN U17299GJ2019PTC111529.

Capital: an authorised share capital of ₹60 Lakh and a paid-up capital of ₹56.83 Lakh. It is led by directors Hardik Rajiv Nyati and Payal Maliwal.

Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: 406 4Th Floor Soliter Fp – 182 Sp – 182/D Tps – 14 Opp. Bombay Garage Shahibaug, Ahmedabad, Gujarat, India – 380004.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.1 Cr, a growth of 61% compared to the previous year.

The company is associated with 1 brand - Altmat.

For more details, the company can be reached via its website altmat.in.

Company Details of Altmat Private Limited
CIN U17299GJ2019PTC111529
Registration Number 111529
Incorporation Date 19 December 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    406 4Th Floor Soliter Fp – 182 Sp – 182/D Tps – 14 Opp. Bombay Garage Shahibaug, Ahmedabad, Gujarat, India – 380004
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Altmat Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Altmat Private Limited

Altmat Private Limited operates one associated brand: AltMat. These brands represent Altmat Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Agricultural waste is converted into textile fibers and yarns. altmat.in

Competitors & Alternatives of Altmat Private Limited

Brands and companies operating in the same space as Altmat Private Limited include Asia Pacific Rayon, Canvaloop, oceansix and 7 more.

Competitor Description Location Founded
Asia Pacific Rayon Asia Pacific Rayon Biodegradable viscose-rayon is developed from renewable wood cellulose. Riau, Indonesia, Indonesia 2017
Canvaloop Canvaloop Online platform offering sustainable fabrics and materials from agricultural waste Surat, India, India 2020
oceansix oceansix Sustainable packaging products are developed from plastic waste. Berlin, Germany, Germany 2012
EnviroFlight EnviroFlight Waste is converted into protein-rich agri feedstock using insects. Yellow Springs, United States, United States 2009
Circular Systems Circular Systems Developer of circular and regenerative textile technologies Los Angeles, United States, United States 2017
Losanje Losanje Online platform offering second-hand apparel Nevers, France, France 2020
Looptworks Looptworks Handcrafted products from recycled materials are sold online. Portland, United States, United States 2009
ALT TEX ALT TEX Food waste is converted into biodegradable textiles through innovative processing. Brampton, Canada, Canada 2020
ALT. Leather ALT. Leather Waste and regenerative plants are converted into sustainable textiles. Melbourne, Australia, Australia 2022
OceanSafe OceanSafe Technology for circular, biodegradable, and toxicant-free textiles is provided. Bern, Switzerland, Switzerland 2019

Business Activity of Altmat Private Limited

Altmat Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products Locked
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Auditor Details of Altmat Private Limited

Altmat Private Limited is audited by AKHILESH DEOPURA & CO. for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
AKHILESH DEOPURA & CO. Locked Locked Locked
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Board of Directors and KMP of Altmat Private Limited

Altmat Private Limited currently reports 2 directors and 1 key managerial person.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Hardik Rajiv Nyati Director 22 May 2024 2 Years 2 Months Current
Payal Maliwal Director 19 Dec 2019 6 Years 7 Months Current
Shikha Shah Visnubhai Ceo 26 Sep 2024 1 Years 9 Months Current

Financials of Altmat Private Limited FY 2025 filings available

Altmat Private Limited reported revenue of ₹1.1 Cr (up 61.00% YoY) for FY 2024.

Revenue · FY 2024
₹1.1 Cr ▲ 61.00%
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Ten-year financial statements for Altmat Private Limited

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Ownership and Shareholding of Altmat Private Limited

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Charges & Borrowings Altmat Private Limited

Altmat Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Altmat Private Limited

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Employee and EPFO history for Altmat Private Limited

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GST Compliance of Altmat Private Limited

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GST registrations and filing compliance for Altmat Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Altmat Private Limited

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Credit ratings, litigation, and regulatory alerts for Altmat Private Limited

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MSME Payment Delays by Altmat Private Limited

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MSME payment history for Altmat Private Limited

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Subsidiaries & Group Companies of Altmat Private Limited

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Corporate group structure for Altmat Private Limited

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MCA Filings & Documents of Altmat Private Limited

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MCA filings and documents for Altmat Private Limited

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Recent Activity on Altmat Private Limited

Activity
27 Sep 2025
Altmat Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Directors
08 Jun 2025
Shikha Vishnubhai Shah was appointed as a Ceo on 08 Jun 2025 & has been associated with this company since 1 year 1 month.
Activity
31 Mar 2025
Altmat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Directors
26 Sep 2024
Shikha Shah Visnubhai was appointed as a CEO on 26 Sep 2024 & has been associated with this company since 1 year 9 months.
Directors
22 May 2024
Hardik Rajiv Nyati was appointed as a Director on 22 May 2024 & has been associated with this company since 2 years 2 months.
Directors
19 Dec 2019
Payal Maliwal was appointed as a Director on 19 Dec 2019 & has been associated with this company since 6 years 7 months.

Frequently Asked Questions about Altmat Private Limited

Altmat Private Limited is an active private limited company in the manufacturing sector based in Ahmedabad, Gujarat, India. It was incorporated on 19 December 2019 (7+ years old) and is registered under CIN U17299GJ2019PTC111529.

Altmat Private Limited reported revenue of ₹1.1 Cr for FY 2024 (up 61.00% YoY).

The current directors and KMP of Altmat Private Limited are:

The primary industry of Altmat Private Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.

Yes, Altmat Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Altmat Private Limited can be reached at the registered office: 406 4Th Floor Soliter Fp – 182 Sp – 182D Tps – 14 Opp. Bombay Garage Shahibaug, Ahmedabad, Gujarat, India – 380004, or through the website altmat.in.

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