Appex Garment Solutions Private Limited
About Appex Garment Solutions Private Limited
Data last updated:
Appex Garment Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 07 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC263329. Its GSTIN is 27AANCA3793J1Z4 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manju Anil Gami and Ravindra Manjibhai Gami.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹78.08 Lakh, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹1.45 Lakh (net margin 1.9%) and EBITDA of ₹1.46 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 17% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Social Media
- Registered AddressShop No. 4 1st Floor Plot No. 137 Auto Garage Azad Road Vile Parle (East, ), Mumbai, Maharashtra, India – 400057
- IndustryTrading, Other Wholesale, Wholesale
- 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 Appex Garment Solutions Private Limited
The main business activity of Appex Garment Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Appex Garment Solutions Private Limited FY 2024 filings available
Appex Garment Solutions Private Limited reported revenue of ₹78.08 Lakh (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Appex Garment Solutions Private Limited
Revenue rose 47% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA rose 8% 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 of Appex Garment Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹1.46 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.45 Lakh | •••• | •••• | •••• | •••• |
| 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 Appex Garment Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 Appex Garment Solutions are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Appex Garment Solutions Private Limited
Appex Garment Solutions 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 |
|---|---|---|---|---|
| Ravindra Manjibhai Gami Also directs: Kutch Nisan Farmer Producer Company Limited | Additional Director | 24 Apr 2019 | 7 Years 5 Months | Current |
| Manju Anil Gami | Director | 19 Jan 2019 | 7 Years 9 Months | Current |
Peer Comparison of Appex Garment Solutions Private Limited
Appex Garment Solutions Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Radha Hari Mall Private Limited | ₹78.56 Lakh (FY 2025) | •••• | •••• | 29.0% | •••• | Patna, Bihar, India |
| Permeshwar Exports Private Limited | ₹78.56 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Oriental Saree House Private Limited | ₹78.5 Lakh (FY 2024) | •••• | •••• | -61.0% | •••• | Lucknow, Uttar Pradesh, India |
| Christian Fabre Textiles Private Limited | ₹78.44 Lakh (FY 2025) | •••• | •••• | -43.0% | •••• | Chennai, Tamil Nadu, India |
| Brilliant Impex (India) Private Limited | ₹78.25 Lakh (FY 2016) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Appex Garment Solutions Private Limited this company | ₹78.08 Lakh (FY 2024) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Kalash Sarees Private Limited | ₹78.05 Lakh (FY 2019) | •••• | •••• | -38.0% | •••• | Kolkata, West Bengal, India |
| Aav Clothing Private Limited | ₹78.02 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | Delhi, India |
| Doyen Overseas Private Limited | ₹77.31 Lakh (FY 2024) | •••• | •••• | -70.0% | •••• | Kolkata, West Bengal, India |
| Aaradhya International Private Limited | ₹77.25 Lakh (FY 2025) | •••• | •••• | 169.0% | •••• | Noida, Uttar Pradesh, India |
| Apparel Linings and Textiles Private Limited | ₹77.11 Lakh (FY 2024) | •••• | •••• | -43.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Appex Garment Solutions by revenue in the Apparel industry (Apparel Retail and Distribution), 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 Appex Garment Solutions Private Limited
Appex Garment Solutions Private Limited is audited by F.A.MEMON & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| F.A.MEMON & 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.
Ownership and Shareholding of Appex Garment Solutions 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 Appex Garment Solutions Private Limited
Appex Garment Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Appex Garment Solutions Private Limited
Employment history and EPFO contributions of people linked to Appex Garment Solutions.
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 Appex Garment Solutions Private Limited
Appex Garment Solutions Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Anil Manjibhai Gami ceased to be Director on 24 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Appex Garment Solutions 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 Appex Garment Solutions 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 Appex Garment Solutions 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 Appex Garment Solutions Private Limited
Appex Garment Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA3793J1Z4 | Maharashtra | Active | 01 Jul 2017 |
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 Appex Garment Solutions 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 Appex Garment Solutions Private Limited
Appex Garment Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in other wholesale, within the trading industry. It was incorporated on 07 April 2015 (11+ years old) and is registered under CIN U74999MH2015PTC263329.
Appex Garment Solutions reported revenue of ₹78.08 Lakh for FY 2024 (up 47% YoY).
Appex Garment Solutions has 2 current directors:
- Ravindra Manjibhai Gami - Additional Director
- Manju Anil Gami - Director
Appex Garment Solutions reported a net profit of ₹1.45 Lakh (net margin 1.9%) and EBITDA of ₹1.46 Lakh (EBITDA margin 1.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Appex Garment Solutions is 7% over three years and -17% over five years. In the latest year (FY 2024) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Appex Garment Solutions is 27AANCA3793J1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Appex Garment Solutions is U74999MH2015PTC263329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Appex Garment Solutions was incorporated on 07 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Appex Garment Solutions by revenue are Shri Radha Hari Mall Private Limited, Permeshwar Exports Private Limited, Oriental Saree House Private Limited, Christian Fabre Textiles Private Limited, Brilliant Impex (India) Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Anil Manjibhai Gami ceased to be Director on 24 Apr 2019. Ravindra Manjibhai Gami was appointed as Additional Director on 24 Apr 2019. Milinkumar Karamshi Hanat ceased to be Director on 22 Jan 2019. Appex Garment Solutions has 4 board changes on record in total.
The registered office of Appex Garment Solutions is at Shop No. 4 1st Floor Plot No. 137 Auto Garage Azad Road Vile Parle East, , Mumbai, Maharashtra, India – 400057.