About Basic Clothing Private Limited
Data last updated: 12 December 2025
Basic Clothing Private Limited is a private limited company based in New Delhi, Delhi, India. It specialises in fashion retail, a part of the broader fashion and textiles sector. Incorporated on 21 November 2003, the company has been in operation for over 23 years.
Registered with ROC Delhi under CIN U51311DL2003PTC123188.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.01 Cr. Formerly known as Mp Exports Private Limited. It is led by directors including Vikash Gupta and Ashok Bansal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 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.
The company has a workforce of approximately 273 employees as per the latest available data.
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.
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.
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Registered AddressH – 7 Udyog Nagar Peeragarhi New Delhi, Delhi, India – 110041
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IndustryFashion and Textile, Fashion Retail
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Basic Clothing Private Limited
Basic Clothing Private Limited operates one associated brand: Basics Life. These brands represent Basic Clothing Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Online retailer offering men's casual wear like shirts, trousers, and accessories. | basicslife.com |
Competitors & Alternatives of Basic Clothing Private Limited
Brands and companies operating in the same space as Basic Clothing Private Limited include Bewakoof, Styched, Max Fashion and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Bewakoof
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Multi-category fashion products are sold by an internet-first brand. | Mumbai, India, India | 2011 |
Styched
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Multi-category fashion for men and women is offered online. | Bengaluru, India, India | 2019 |
Max Fashion
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Internet first brand of clothing, footwear, and accessories for women, men, and kids | Bengaluru, India, India | 2006 |
Nobero
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Internet first brand offering apparel for women and men | Hyderabad, India, India | 2014 |
Be Young
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Everyday fashion apparel, accessories, and combo options are retailed. | Udaipur, India, India | 2017 |
French Connection
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Internet first brand offering apparel wear for women and men | London, United Kingdom, United Kingdom | 1972 |
Percival Menswear
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Multi-category men's fashion products are offered via an internet-first brand. | London, United Kingdom, United Kingdom | 2009 |
Hopscotch
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Programming is facilitated for children via drag-and-drop code blocks. | New York, United States, United States | 2011 |
Business Activity of Basic Clothing Private Limited
Basic Clothing Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Basic Clothing Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Basic Clothing Private Limited
Basic Clothing Private Limited is audited by Hirawat & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Hirawat & Associates | Locked | Locked | Locked |
Complete auditor history for Basic Clothing Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of Basic Clothing Private Limited
Basic Clothing Private Limited is currently managed by 3 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Vikash Gupta
Also directs:
Optimum Townplanner Llp, Singh Olympics Pvt Ltd, Omega Heights Private Limited and 2 more
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Director | 03 Jul 2013 | 13 Years 0 Months | Current |
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Ashok Bansal
Also directs:
S M Paper Mills Pvt Ltd
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Director | 03 Jul 2013 | 13 Years 0 Months | Current |
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Ajay Jain
Also directs:
Terragenesis Technologies Private Limited, Maxim Retail Private Limited, Maxim Telecom Services Private Limited and 2 more
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Director | 21 Nov 2003 | 22 Years 8 Months | Current |
Financials of Basic Clothing Private Limited FY 2025 filings available
Basic Clothing Private Limited reported revenue of ₹170.34 Cr (down 7.00% YoY) for FY 2024.
Ten-year financial statements for Basic Clothing Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Basic Clothing Private Limited
Shareholding and ownership data for Basic Clothing Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Basic Clothing Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2025 | Others | ₹13.2 Lakh | Open |
| 24 Feb 2025 | Hdfc Bank Limited | ₹24.07 Lakh | Open |
| 17 Jan 2024 | Hdfc Bank Limited | ₹26 Lakh | Open |
| 18 Apr 2022 | Hdfc Bank Limited | ₹15 Lakh | Open |
| 17 Mar 2022 | Others | ₹35 Lakh | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Basic Clothing Private Limited
Basic Clothing Private Limited has a workforce of 273 employees as of Apr 07, 2024.
Employee and EPFO history for Basic Clothing Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Basic Clothing Private Limited
GST registrations and filing compliance for Basic Clothing Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Basic Clothing Private Limited
Credit ratings, litigation, and regulatory alerts for Basic Clothing Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Basic Clothing Private Limited
MSME payment history for Basic Clothing Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Basic Clothing Private Limited
Corporate group structure for Basic Clothing Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Basic Clothing Private Limited
MCA filings and documents for Basic Clothing Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Basic Clothing Private Limited
Frequently Asked Questions about Basic Clothing Private Limited
Basic Clothing Private Limited is an active private limited company in the fashion and textile sector based in New Delhi, Delhi, India. It was incorporated on 21 November 2003 (23+ years old) and is registered under CIN U51311DL2003PTC123188. The company has 273 employees.
Basic Clothing Private Limited reported revenue of ₹170.34 Cr for FY 2024 (down 7.00% YoY).
The current directors of Basic Clothing Private Limited are:
- Vikash Gupta - Director
- Ashok Bansal - Director
- Ajay Jain - Director
The primary industry of Basic Clothing Private Limited is fashion and textile. The company specifically operates in fashion retail. The company is currently active in this sector.
Basic Clothing Private Limited can be reached at the registered office: H – 7 Udyog Nagar Peeragarhi New Delhi, Delhi, India – 110041, or through the website basicslife.com.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹7.01 Cr.