MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-11-0022048
Basic Clothing Private Limited - fashion and textile in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹170.34 Cr
▼ 7% YoY
Net profit · FY 2024
₹64.4 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹6.82 Cr
EBITDA margin 4%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7.01 Cr
Issued & subscribed
Open charges
₹28.34 Cr
Satisfied ₹17 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
273
Provident fund records
About Basic Clothing Private Limited
Data last updated:
Basic Clothing Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 21 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51311DL2003PTC123188. Its GSTIN is 07AAECM0177D1ZS (Delhi). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.01 Cr. It was formerly known as Mp Exports Private Limited. It is led by directors including Vikash Gupta and Ashok Bansal.
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 H – 7 Udyog Nagar Peeragarhi New Delhi, Delhi, India – 110041.
As per the financials filed for FY 2024, the company reported a revenue of ₹170.34 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹64.4 Lakh (net margin 0.4%) and EBITDA of ₹6.82 Cr (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 3% over five years.
The company has about 273 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Basics Life. As per MCA filings, the company has open charges of ₹28.34 Cr and satisfied charges of ₹17 Cr on record. Court records list 24 cases involving the company, including 13 filed by the company and 11 filed against it; 4 cases are pending.
Basic Clothing Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-11-0022048). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website basicslife.com.
Company details
CIN U51311DL2003PTC123188
Registration Number 123188
Incorporation Date 21 November 2003
ROC Delhi
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 Medium
Udyam Registration UDYAM-DL-11-0022048
Recognitions & Rankings of Basic Clothing
Contact details
Basic Clothing Private Limited's registered office is in New Delhi, Delhi. Its website is basicslife.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH – 7 Udyog Nagar Peeragarhi New Delhi, Delhi, India – 110041
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Basic Clothing Private Limited, buy the company report.
Comprehensive company report
Basic Clothing 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Basic Clothing operates one associated brand: Basics Life. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer offering men's casual wear like shirts, trousers, and accessories. | basicslife.com |
Business activity
The main business activity of Basic Clothing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Basic Clothing Private Limited, buy the company report.
Financials of Basic Clothing Private Limited
FY 2025 filings availableBasic Clothing Private Limited reported revenue of ₹170.34 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹170.34 Cr ▼ 7%
Net profit · FY 2024
₹64.4 Lakh margin 0.4%
EBITDA · FY 2024
₹6.82 Cr margin 4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 23%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 3%
5 years · compounded
▲ 2%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹6.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.4 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Basic Clothing Private Limited, buy the company report.
Board of directors of Basic Clothing Private Limited
Basic Clothing has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Gupta Also directs: Optimum Townplanner LLP, Singh Olympics Pvt Ltd, Omega Heights Private Limited and 2 more | Director | 03 Jul 2013 | 13 Years 3 Months | Current |
| Ashok Bansal Also directs: S M Paper Mills Pvt Ltd | Director | 03 Jul 2013 | 13 Years 3 Months | Current |
| Ajay Jain Also directs: Terragenesis Technologies Private Limited, Maxim Retail Private Limited, Maxim Telecom Services Private Limited and 2 more | Director | 21 Nov 2003 | 22 Years 11 Months | Current |
Peer comparison
Basic Clothing Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Basic Clothing Private Limitedthis company | ₹170.34 Cr (FY 2024) | ₹64.4 Lakh | 0.4% | -7.0% | 273 | New Delhi, Delhi, India |
| H P Lifestyle Private Limited | ₹169.62 Cr (FY 2025) | 25.0% | Ahmedabad, Gujarat, India | |||
| Actoserba Active Wholesale Limited | ₹165.67 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Lakshita Fashions Private Limited | ₹158.19 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India |
To see the full peer comparison of Basic Clothing Private Limited, buy the company report.
Auditor
Basic Clothing Private Limited is audited by Hirawat & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hirawat & Associates | FY 2023 | 019694N |
Shareholding
The shareholding of Basic Clothing 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 Basic Clothing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.34 Cr
Satisfied charges
₹17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101177162 | Others | ₹13.2 Lakh | Open | |
| 24 Feb 2025 | 101079146 | Hdfc Bank Limited | ₹24.07 Lakh | Open | |
| 17 Jan 2024 | 100882722 | Hdfc Bank Limited | ₹26 Lakh | Open | |
| 18 Apr 2022 | 100581267 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 17 Mar 2022 | 100570579 | Others | ₹35 Lakh | Open |
To see the full charge records of Basic Clothing Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Basic Clothing Private Limited has 24 court cases on record: 13 filed by Basic Clothing, 11 filed against it. 4 cases are pending and 20 are disposed.
Total cases
24
Filed by the company
13
Filed against the company
11
Pending
4
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 11 | 4 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, West, Delhi | Commercial suit | Filed against the company by Lijo Turn Private Limited Through Its Director Mr Arun Kumar Lilhori | Disposed |
| District court, West, Delhi | Civil suit | Filed by the company against M/S PLD Retail LLP | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Pending |
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by an individual | Pending |
To see the full case history of Basic Clothing 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
Basic Clothing Private Limited was last rated by Crisil on 13 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 13 Feb 2020 |
To see the full credit ratings and regulatory alerts of Basic Clothing Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Basic Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Basic Clothing Private Limited has a workforce of 273 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
273
Active EPFO establishments
1
Employee growth
8.76%
GST
Basic Clothing has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECM0177D1ZS | Delhi | Active | 01 Jul 2017 |
| 07AAECM0177D2ZR | Delhi | Active | 01 Apr 2025 |
| 03AAECM0177D1Z0 | Punjab | Active | 01 Jul 2017 |
| 04AAECM0177D1ZY | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Basic Clothing Private Limited, buy the company report.
Recent activity
Basic Clothing Private Limited has 6 board changes on record since 2003: 3 appointments and 3 cessations. The latest: Shivani Jain ceased to be Director on 15 Feb 2017.
AGM
Basic Clothing Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 101177162 was registered on 30 Sep 2025.
Filing
Basic Clothing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.24 Cr with Charge ID 101079146 was registered on 24 Feb 2025.
Charges
A charge with State Bank Of India of Rs. 26.60 Cr registered on 22 Nov 2017 with Charge ID 100173925 was modified on 29 Mar 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100882722 was registered on 17 Jan 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100581267 was registered on 18 Apr 2022.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100570579 was registered on 17 Mar 2022.
Charges
A charge with Others amounted to Rs. 0.10 Cr with Charge ID 100524593 was registered on 29 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100522995 was registered on 29 Oct 2021.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100425523 was registered on 18 Feb 2021.
Charges
A charge registered on 31 Jul 2015 via Charge ID 10593201 with Hdfc Bank Limited was fully satisfied on 12 Apr 2018.
12 earlier events are in the company report.
Frequently asked questions
Basic Clothing is an active private limited company based in New Delhi, Delhi, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 21 November 2003 (23+ years old) and is registered under CIN U51311DL2003PTC123188.
Basic Clothing has 3 current directors:
- Vikash Gupta - Director
- Ashok Bansal - Director
- Ajay Jain - Director
The latest financial statements of Basic Clothing 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 Basic Clothing is 07AAECM0177D1ZS, registered in Delhi. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 07AAECM0177D2ZR (Delhi), 03AAECM0177D1Z0 (Punjab), 04AAECM0177D1ZY (Chandigarh).
The CIN (Corporate Identification Number) of Basic Clothing is U51311DL2003PTC123188. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basic Clothing has 24 court cases on record: 13 filed by the company and 11 filed against it. 4 are pending. Most are in the district courts.
Basic Clothing was incorporated on 21 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Basic Clothing by revenue are H P Lifestyle Private Limited, Actoserba Active Wholesale Limited, Lakshita Fashions Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Shivani Jain ceased to be Director on 15 Feb 2017. Ashok Bansal ceased to be Additional Director on 30 Sep 2013. Vikash Gupta ceased to be Additional Director on 30 Sep 2013. Basic Clothing has 6 board changes on record in total.
Yes, Basic Clothing is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-11-0022048).
Basic Clothing can be reached through the website basicslife.com. Its registered office is in New Delhi, Delhi, India.