About Sanchivelvets
Sanchivelvets is an Industrial Goods & Manufacturing company based in India. It manufactures and supplies diverse velvet fabrics for textile applications worldwide. It operates on a B2B model. The company has 213 employees. Its Indian entity Sunshine Velvet Private Limited reported revenue of ₹31.33 Cr. Sanchivelvets offers products and services including Burnout Velvet Fabric, Printed Velvet Fabric, Animal Print Velvet Fabric, Cotton Slub Velvet Fabric, and Crushed Velvet Fabric. Its focus areas include Consumer Goods, Textiles, Fabric Manufacturing and Velvet Fabrics.
Company details
Sunshine Velvet Pvt. Ltd., located in Mumbai, India, focuses on producing and supplying a range of velvet fabrics including burnout, printed, animal print, and cotton variants. They operate as a manufacturer in the textile sector, serving clients through wholesale distribution and online inquiries. The company emphasizes quality fabrics for clothing and home decor, catering to businesses in the fashion and interior industries with reliable supply chains.
- Headquarters India
- Employees 213
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website sanchivelvets.in
- Legal Name Sunshine Velvet Pvt. Ltd.
- Date of Incorporation 24 Jun, 2005
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹31.33 Cr
FY 2024 · +9% YoY
- Net Profit₹1 Lakh
FY 2024 · 0% margin
- EBITDA₹2.21 Cr
FY 2024 · 7% margin
- Employee Count213
Associated legal entities of Sanchivelvets
Sanchivelvets operates through Sunshine Velvet Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sunshine Velvet Private Limited CIN U17200MH2005PTC154227 | Active | 24 Jun 2005 | Mumbai, Maharashtra | ₹31.3 Cr | 213 | 2 | View details |
Products & Services of Sanchivelvets
Sanchivelvets offers a comprehensive portfolio of products and services, including Burnout Velvet Fabric, Printed Velvet Fabric, Animal Print Velvet Fabric, Cotton Slub Velvet Fabric, and Crushed Velvet Fabric.
Fabric with burnout designs for decorative textile use.
Velvet with printed patterns for fashion applications.
Animal-themed velvet for clothing and home decor.
Cotton-based slub texture velvet for durable textiles.
Crushed style velvet for unique aesthetic effects.
Pigment-printed velvet for vibrant color options.
Basic plain velvet for versatile applications.
Rayon material velvet for smooth fabric needs.
Viscose-based velvet for soft and flowing textiles.
Board of directors of Sunshine Velvet Private Limited (Sanchivelvets)
Sunshine Velvet Private Limited is the primary company behind Sanchivelvets. The board of Sunshine Velvet Private Limited currently have 2 directors; the longest-serving is Ajaykumar Meghraj Shorewala, appointed in 2005. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajaykumar Meghraj Shorewala DIN 00835669 | Director | 25 Jun 2005 | 21 yrs 4 mo | Sunshine Velvet Private Limited |
| Kapil Ajaykumar Shorewala DIN 02247779 | Director | 16 Jul 2008 | 18 yrs 3 mo | Sunshine Velvet Private Limited |
Financials of Sanchivelvets
Figures of Sunshine Velvet Private Limited, the primary company behind Sanchivelvets, for FY 2024. Revenue was ₹31.33 Cr (+9% year on year). Net profit was ₹1 Lakh (0% margin). EBITDA was ₹2.21 Cr (7% margin). Revenue has grown at a compounded annual rate of +26% over three years and +7% over five years.
- ₹31.33 CrRevenue · FY 2024 · +9% YoY
- ₹1 LakhNet profit · 0% margin
- ₹2.21 CrEBITDA · 7% margin
- ₹52.3 LakhPaid-up capital
- 213Employees (provident fund records)
- +26%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sunshine Velvet Private Limited are on its company page.
Detailed financial statements for Sanchivelvets
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Top companies in Textile & Yarn Production
3 companies that operate in the same segment as Sanchivelvets (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 Sanchivelvets
Sanchivelvets is headquartered in India.
Sanchivelvets has 213 employees.
The primary company behind Sanchivelvets, Sunshine Velvet Private Limited, reported revenue of ₹31.33 Cr for FY 2024, up 9% year on year.
Sunshine Velvet Pvt. Ltd., located in Mumbai, India, focuses on producing and supplying a range of velvet fabrics including burnout, printed, animal print, and cotton variants. They operate as a manufacturer in the textile sector, serving clients through wholesale distribution and online inquiries. The company emphasizes quality fabrics for clothing and home decor, catering to businesses in the fashion and interior industries with reliable supply chains.
Sanchivelvets offers Burnout Velvet Fabric, Printed Velvet Fabric, Animal Print Velvet Fabric, Cotton Slub Velvet Fabric, and 5 more products and services.
Sanchivelvets operates through Sunshine Velvet Private Limited.
The legal entities of Sanchivelvets currently have 2 directors, including Ajaykumar Meghraj Shorewala, Kapil Ajaykumar Shorewala.