About Mayur Sarees
Mayur Sarees is an Industrial Goods & Manufacturing company based in Surat (India) founded in 1987. It specializes as a contract manufacturer of high-quality silk sarees. It operates on a B2B model. The company has 2 employees. Its Indian entity Vasundhara Creations Private Limited reported revenue of ₹8.28 Cr. Its focus areas include Textiles and Apparel, Apparel Manufacturing, Saree Production and Silk Fabrics. Similar companies include Gokaldas Exports, Eastman Exports and Shahi; 2 of its 3 listed similar companies have raised funding.
Company details
Mayur Sarees, established in 1987, excels in textiles and apparel, apparel manufacturing, saree production, and silk fabrics. Specializes as a contract manufacturer of high-quality silk sarees. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Surat, India
- Employees 2
- SectorsIndustrial Goods & Manufacturing
- Website mayursaree.com
- Legal Name Vasundhara Creations Private Limited
- Date of Incorporation 16 Jun, 2006
- Jurisdiction Surat, Gujarat, India
- Annual Revenue₹8.28 Cr
FY 2022 · -16% YoY
- Net Loss-₹1.9 Lakh
FY 2022 · 0% margin
- EBITDA₹1.31 Cr
FY 2022 · 16% margin
- Employee Count2
Associated legal entities of Mayur Sarees
Mayur Sarees operates through Vasundhara Creations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Vasundhara Creations Private Limited CIN U17122GJ2006PTC048492 | Active | 16 Jun 2006 | Surat, Gujarat | ₹8.3 Cr | 2 | 3 | View details |
Board of directors of Vasundhara Creations Private Limited (Mayur Sarees)
Vasundhara Creations Private Limited is the primary company behind Mayur Sarees. The board of Vasundhara Creations Private Limited currently have 3 directors; the longest-serving is Manishkumar Purushottambhai Dokania, appointed in 2006. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manishkumar Purushottambhai Dokania DIN 00158330 | Whole-time director | 16 Jun 2006 | 20 yrs 4 mo | Vasundhara Creations Private Limited |
| Rajkumar Dokania DIN 00193342 | Managing Director | 16 Jun 2006 | 20 yrs 4 mo | Vasundhara Creations Private Limited |
| Sarita Rajkumar Dokania DIN 00873927 | Director | 11 Apr 2023 | 3 yrs 7 mo | Vasundhara Creations Private Limited |
Financials of Mayur Sarees
Figures of Vasundhara Creations Private Limited, the primary company behind Mayur Sarees, for FY 2022. Revenue was ₹8.28 Cr (-16% year on year). Net loss was -₹1.9 Lakh (0% margin). EBITDA was ₹1.31 Cr (16% margin). Revenue has grown at a compounded annual rate of -25% over three years and -20% over five years.
- ₹8.28 CrRevenue · FY 2022 · -16% YoY
- -₹1.9 LakhNet loss · 0% margin
- ₹1.31 CrEBITDA · 16% margin
- ₹41.1 LakhPaid-up capital
- 2Employees (provident fund records)
- -25%Revenue CAGR, 3 years
- -20%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Vasundhara Creations Private Limited are on its company page.
Detailed financial statements for Mayur Sarees
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Similar companies to Mayur Sarees
Mayur Sarees has 3 listed similar companies in our database, 2 of them funded. They include Gokaldas Exports, Eastman Exports and Shahi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gokaldasexports.com | 1979 | Bengaluru, India | 7,111 | Apparel and clothing are manufactured and exported on contract. | ||
| eastmanexports.com | 2003 | Tiruppur, India | $57.97M | 4,956 | Apparel products are manufactured under contract in India. | |
| shahi.co.in | 1974 | Faridabad, India | $18.61M | 27,538 | Garments are contract-manufactured by Shahi in apparel production. |
Detailed similar companies of Mayur Sarees
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Mayur Sarees (Textile & Yarn Production) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Bicycle manufacturing, sales, and accessory services in India. | 1956 | Gurugram, Haryana, India | USD 246.88 M | 2,472 | ||
Fabrics, synthetic yarns, viscose, chemicals, and linen products are manufactured. | 1947 | Ujjain, Madhya Pradesh, India | USD 18.65 B | 193 | ||
Home textile products are manufactured, retailed, and distributed globally. | 1985 | Bengaluru, Karnataka, India | USD 253.24 M | 8,060 |
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Frequently Asked Questions about Mayur Sarees
Mayur Sarees was founded in 1987.
Mayur Sarees is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Mayur Sarees has 2 employees.
The primary company behind Mayur Sarees, Vasundhara Creations Private Limited, reported revenue of ₹8.28 Cr for FY 2022, down 16% year on year.
Mayur Sarees, established in 1987, excels in textiles and apparel, apparel manufacturing, saree production, and silk fabrics. Specializes as a contract manufacturer of high-quality silk sarees. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Mayur Sarees's top competitors include Gokaldas Exports, Shahi and Eastman Exports.
Mayur Sarees operates through Vasundhara Creations Private Limited.
The legal entities of Mayur Sarees currently have 3 directors, including Manishkumar Purushottambhai Dokania, Sarita Rajkumar Dokania, Rajkumar Dokania.