- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0021033

About Armaan Industries Private Limited
Data last updated:
Armaan Industries Private Limited is a private limited company based in Surat, Gujarat, India, a subsidiary of Raj Capital And Finance Pvt.Ltd.. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 February 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ2002PTC040497. Its GSTIN is 24AAGCS8010H1ZK (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.87 Cr. It was formerly known as Sangam Creations Private Limited and Nsangam Creations Private Limited. It is led by directors Kamal Ramratan Bhutra (Whole-Time Director) and Jugal Kishore Bhutra.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 714 GIDC Estate Sachin, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.99 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Cr (net margin 1.6%) and EBITDA of ₹4.29 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 22% over five years.
The company has about 73 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹78.68 Cr and satisfied charges of ₹55.78 Cr on record. Court records list 8 cases involving the company, including 4 filed by the company and 4 filed against it; 3 cases are pending.
Armaan Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0021033). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website armaan-industries-pvt-ltd.business.site.
Company details
Name history
Armaan Industries has undergone 2 name changes throughout its history. The company was previously known as Sangam Creations Private Limited, and Nsangam Creations Private Limited. The current legal name is Armaan Industries Private Limited.
| Company Name | Status |
|---|---|
| Armaan Industries Private Limited | Current |
| Sangam Creations Private Limited | Previous |
| Nsangam Creations Private Limited | Previous |
Recognitions & Rankings of Armaan Industries
Contact details
Armaan Industries Private Limited's registered office is in Surat, Gujarat. Its website is armaan-industries-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address714 GIDC Estate Sachin, Surat, Gujarat, India – 394230
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Armaan Industries 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 Armaan Industries 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 Armaan Industries Private Limited, buy the company report.
Financials of Armaan Industries Private Limited
FY 2025 filings availableArmaan Industries Private Limited reported revenue of ₹66.99 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 18% growth in the latest year. EBITDA fell 5% 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 | ₹4.29 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.04 Cr | ||||
| Balance Sheet | |||||
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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 | 6.4% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Armaan Industries Private Limited, buy the company report.
Board of directors of Armaan Industries Private Limited
Armaan Industries has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jugal Kishore Bhutra Also directs: Aklavya Industries Private Limited, Raj Capital and Finance Pvt.Ltd., Aastha Fashions Private Limited and 5 more | Director | 25 Jan 2017 | 9 Years 9 Months | Current |
| Kamal Ramratan Bhutra | Whole-Time Director | 26 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
Armaan Industries Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Bidhata Industries Private Limited | ₹67.23 Cr (FY 2024) | -12.0% | Mumbai, Maharashtra, India | |||
| Saikrupa Fibres Private Limited | ₹67.22 Cr (FY 2025) | 19.0% | Wani, Maharashtra, India | |||
| Padmavathi Fibres and Yarns Private Limited | ₹67.12 Cr (FY 2025) | -18.0% | Madurai, Tamil Nadu, India | |||
| Vallabh Textiles Company Limited | ₹67.02 Cr (FY 2025) | 280.0% | Ludhiana, Punjab, India | |||
| Jindal Texofab Limited | ₹67.02 Cr (FY 2024) | 1.0% | Mumbai, Maharashtra, India | |||
| Armaan Industries Private Limitedthis company | ₹66.99 Cr (FY 2025) | ₹1.04 Cr | 1.6% | 18.0% | 73 | Surat, Gujarat, India |
| Murliwala Dyeing and Printing Mills Private Limited | ₹66.99 Cr (FY 2025) | 6.0% | Surat, Gujarat, India | |||
| Totala Textiles Private Limited | ₹66.97 Cr (FY 2025) | -20.0% | Ichalkaranji, Maharashtra, India | |||
| Shyam Lal Goyal Fabrics Private Limited | ₹66.95 Cr (FY 2025) | 82.0% | Surat, Gujarat, India | |||
| Palmar Mills Private Limited | ₹66.9 Cr (FY 2025) | 13.0% | Erode, Tamil Nadu, India |
To see the full peer comparison of Armaan Industries Private Limited, buy the company report.
Auditor
Armaan Industries Private Limited is audited by S. K. Kabra & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Kabra & Company | FY 2023 | 104508W |
Shareholding
The shareholding of Armaan Industries 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 Armaan Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2025 | 101082071 | Others | ₹3.6 Cr | Open | |
| 28 Mar 2025 | 101073409 | Others | ₹15.05 Cr | Open | |
| 14 Mar 2024 | 100893297 | Axis Bank Limited | ₹17.01 Cr | Open | |
| 14 Mar 2024 | 100896030 | Axis Bank Limited | ₹24.17 Cr | Open | |
| 14 Mar 2024 | 100896044 | Axis Bank Limited | ₹18.85 Cr | Open |
To see the full charge records of Armaan Industries Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Armaan Industries Private Limited has 8 court cases on record: 4 filed by Armaan Industries, 4 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 0 |
| District courts | 3 | 0 | 3 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (MCA) | Filed by the company against Sangam Prints Private Limited and 3 others | Disposed |
| District court, SURAT, Gujarat | Commercial matter | Filed by the company against individuals | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Hrishi International and 1 other | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by M/S. Shantilal C. Sons and Co. | Disposed |
To see the full case history of Armaan Industries 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.
Credit ratings & regulatory alerts
Armaan Industries Private Limited was last rated by Icra on 31 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Jan 2022 |
To see the full credit ratings and regulatory alerts of Armaan Industries Private Limited, buy the company report.
MSME payment delays
Armaan Industries Private Limited has 2 MSME Form 1 returns on record between 2019 and 2023, listing 10 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tanmay Traders Private Limited | |||
| A.B.Chemicals | |||
| Prakash Chemicals Agencies Private Limited |
To see the full MSME payment records of Armaan Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Armaan Industries Private Limited has a workforce of 73 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Armaan Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCS8010H1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Armaan Industries Private Limited, buy the company report.
Recent activity
Armaan Industries Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Jugal Kishore Bhutra was appointed as Director on 25 Jan 2017.
28 earlier events are in the company report.
Frequently asked questions
Armaan Industries is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 February 2002 (24+ years old) and is registered under CIN U17119GJ2002PTC040497.
Armaan Industries has 2 current directors:
- Kamal Ramratan Bhutra - Whole-Time Director
- Jugal Kishore Bhutra - Director
The latest financial statements of Armaan Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Armaan Industries is 24AAGCS8010H1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Armaan Industries is U17119GJ2002PTC040497. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Armaan Industries has 8 court cases on record: 4 filed by the company and 4 filed against it. 3 are pending. Most are in the high courts.
Armaan Industries was incorporated on 22 February 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Armaan Industries by revenue are Bidhata Industries Private Limited, Saikrupa Fibres Private Limited, Padmavathi Fibres and Yarns Private Limited, Vallabh Textiles Company Limited, Jindal Texofab Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Jugal Kishore Bhutra was appointed as Director on 25 Jan 2017. Ramratan Bhutra ceased to be Director on 04 Jan 2016. Jugal Kishore Bhutra ceased to be Director on 07 May 2007. Armaan Industries has 5 board changes on record in total.
Yes, Armaan Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0021033).
Armaan Industries has 2 MSME Form 1 returns on record between 2019 and 2023, listing 10 overdue payments to 3 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Armaan Industries can be reached through the website armaan-industries-pvt-ltd.business.site. Its registered office is in Surat, Gujarat, India.

