MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0095324
Asopalav Silk India Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹6.18 Cr
▼ 94% YoY
Net profit · FY 2023
₹4.17 Cr
Net margin 67.6%
EBITDA · FY 2023
-₹12.65 Lakh
EBITDA margin -2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹6.02 Lakh
Issued & subscribed
Open charges
₹19.49 Cr
Satisfied ₹24 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
1
Provident fund records
About Asopalav Silk India Private Limited
Data last updated:
Asopalav Silk India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 31 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18100GJ2005PTC047010. Its GSTIN is 24AAFCA4845B1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹6.02 Lakh. It is led by directors including Kamlesh Vaghjibhai Vora and Kiran Vaghjibhai Vora.
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 132 Ft. Ring Road Opp. Keshavbaugh Party Plot High Street II Satellite, Ahmedabad, Gujarat, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.18 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹4.17 Cr (net margin 67.6%) and EBITDA of -₹12.65 Lakh (EBITDA margin -2%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 40% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Asopalav. As per MCA filings, the company has open charges of ₹19.49 Cr and satisfied charges of ₹24 Cr on record. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.8 Lakh; the latest was in December 2023.
Asopalav Silk India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0095324). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asopalav.com.
Company details
CIN U18100GJ2005PTC047010
Registration Number 047010
Incorporation Date 31 October 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0095324
Key People
Kamlesh Vaghjibhai Vora Director Kiran Vaghjibhai Vora Director Hirabhai Laherchand Bhansali Director Recognitions & Rankings of Asopalav Silk India
Contact details
Asopalav Silk India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is asopalav.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address132 Ft. Ring Road Opp. Keshavbaugh Party Plot High Street II Satellite, Ahmedabad, Gujarat, India
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Asopalav Silk India Private Limited, buy the company report.
Comprehensive company report
Asopalav Silk India 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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Brands
Asopalav Silk India operates one associated brand: Asopalav. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells Indian ethnic wear like sarees and lehengas via online platforms and retail stores. | asopalav.com |
Financials of Asopalav Silk India Private Limited
FY 2025 filings availableAsopalav Silk India Private Limited reported revenue of ₹6.18 Cr (down 94% YoY) for FY 2023.
Revenue · FY 2023
₹6.18 Cr ▼ 94%
Net profit · FY 2023
₹4.17 Cr margin 67.6%
EBITDA · FY 2023
-₹12.65 Lakh margin -2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 94%
3 years · compounded
▼ 59%
5 years · compounded
▼ 40%
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 94% fall 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.17 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2% | ||||
| Net Profit Margin | 67.6% | ||||
| 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 Asopalav Silk India Private Limited, buy the company report.
Board of directors of Asopalav Silk India Private Limited
Asopalav Silk India has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Vaghjibhai Vora | Director | 21 Oct 2014 | 12 Years 0 Months | Current |
| Kiran Vaghjibhai Vora Also directs: KK Opportunities LLP, KH Tradecom LLP, Asopalav House Maintenance Private Limited and 1 more | Director | 31 Oct 2005 | 21 Years 0 Months | Current |
| Hirabhai Laherchand Bhansali | Director | 31 Oct 2005 | 21 Years 0 Months | Current |
| Vaghjibhai Babaldas Vora | Director | 31 Oct 2005 | 21 Years 0 Months | Current |
| Anandbhai Hirabhai Bhansali Also directs: Asopalav Endeavours LLP, Apsc Emart LLP, Asopalav House Maintenance Private Limited and 2 more | Director | 31 Oct 2005 | 21 Years 0 Months | Current |
| Champaklal Babaldas Vora | Director | 31 Oct 2005 | 21 Years 0 Months | Current |
Auditor
Asopalav Silk India Private Limited is audited by M M PEHLARI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M M PEHLARI & ASSOCIATES | FY 2023 | 107578W |
Shareholding
The shareholding of Asopalav Silk India 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 Asopalav Silk India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.49 Cr
Satisfied charges
₹24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2025 | 101157317 | Hdfc Bank Limited | ₹9.99 Cr | Open | |
| 02 May 2017 | 100099409 | Standard Chartered Bank | ₹9.5 Cr | Open | |
| 28 Jul 2006 | 10012308 | Standard Chartered Bank | ₹16 Cr | Satisfied | |
| 25 Jul 2006 | 10012307 | Standard Chartered Bank | ₹8 Cr | Satisfied |
To see the full charge records of Asopalav Silk India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Asopalav Silk India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.8 Lakh; the latest was in December 2023.
Total deals
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹1.8 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
| Apr 2010 | Funding round | ₹1.8 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Asopalav Silk India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asopalav Silk India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asopalav Silk India Private Limited has a workforce of 1 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
GST
Asopalav Silk India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA4845B1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asopalav Silk India Private Limited, buy the company report.
Recent activity
Asopalav Silk India Private Limited has 8 board changes on record since 2005: 7 appointments and 1 cessation. The latest: Kamlesh Vaghjibhai Vora was appointed as Director on 21 Oct 2014.
AGM
Asopalav Silk India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.99 Cr with Charge ID 101157317 was registered on 16 Sep 2025.
Filing
Asopalav Silk India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 28 Jul 2006 via Charge ID 10012308 with Standard Chartered Bank was fully satisfied on 17 May 2024.
Charges
A charge registered on 25 Jul 2006 via Charge ID 10012307 with Standard Chartered Bank was fully satisfied on 06 May 2024.
Charges
A charge with Standard Chartered Bank of Rs. 9.50 Cr registered on 02 May 2017 with Charge ID 100099409 was modified on 29 Oct 2020.
Charges
A charge with Standard Chartered Bank amounted to Rs. 9.50 Cr with Charge ID 100099409 was registered on 02 May 2017.
Appointed
Kamlesh Vaghjibhai Vora was appointed as Director.
Ceased
Kamleshkumar Vaghajibhai Vora ceased to be Director.
Charges
A charge with Standard Chartered Bank of Rs. 16.00 Cr registered on 28 Jul 2006 with Charge ID 10012308 was modified on 25 Feb 2009.
Charges
A charge with Standard Chartered Bank of Rs. 8.00 Cr registered on 25 Jul 2006 with Charge ID 10012307 was modified on 27 Jul 2007.
Charges
A charge with Standard Chartered Bank amounted to Rs. 16.00 Cr with Charge ID 10012308 was registered on 28 Jul 2006.
8 earlier events are in the company report.
Frequently asked questions
Asopalav Silk India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 31 October 2005 (21+ years old) and is registered under CIN U18100GJ2005PTC047010.
Asopalav Silk India has 6 current directors:
- Kamlesh Vaghjibhai Vora - Director
- Kiran Vaghjibhai Vora - Director
- Hirabhai Laherchand Bhansali - Director
- Vaghjibhai Babaldas Vora - Director
- Anandbhai Hirabhai Bhansali - Director
- Champaklal Babaldas Vora - Director
The latest financial statements of Asopalav Silk India 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 Asopalav Silk India is 24AAFCA4845B1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Asopalav Silk India is U18100GJ2005PTC047010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asopalav Silk India was incorporated on 31 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Asopalav Silk India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.8 Lakh; the latest was in December 2023.
Kamlesh Vaghjibhai Vora was appointed as Director on 21 Oct 2014. Kamleshkumar Vaghajibhai Vora ceased to be Director on 04 Sep 2014. Anandbhai Hirabhai Bhansali was appointed as Director on 31 Oct 2005. Asopalav Silk India has 8 board changes on record in total.
Yes, Asopalav Silk India is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0095324).
Asopalav Silk India can be reached through the website asopalav.com. Its registered office is in Ahmedabad, Gujarat, India.
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