MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0055406
Bico Twitex Private Limited
Bico Twitex Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹131.53 Cr
▲ 14% YoY
Net profit · FY 2025
₹87.52 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹5.75 Cr
EBITDA margin 4.4%
Authorised capital
₹2.13 Cr
Registered with MCA
Paid-up capital
₹1.84 Cr
Issued & subscribed
Open charges
₹32.85 Cr
Satisfied ₹30.54 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
1
Provident fund records
About Bico Twitex Private Limited
Data last updated:
Bico Twitex Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1988PTC011168. Its GSTIN is 24AAACB9575E1ZP (Gujarat).
The company has an authorised share capital of ₹2.13 Cr and a paid-up capital of ₹1.84 Cr. It is led by directors including Vimal Yogesh Chandra Gulati and Amita Nishith Gulati.
Its last annual general meeting (AGM) was held on 13 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S No 120/1/A Opp Jalaramrestaurant Village Mota Borsara Ta Mangrol, Surat, Gujarat, India – 394110.
As per the financials filed for FY 2025, the company reported a revenue of ₹131.53 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹87.52 Lakh (net margin 0.7%) and EBITDA of ₹5.75 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 39% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.85 Cr and satisfied charges of ₹30.54 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
Bico Twitex Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0055406). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17119GJ1988PTC011168
Registration Number 011168
Incorporation Date 26 August 1988
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0055406
Key People
Vimal Yogesh Chandra Gulati Director Amita Nishith Gulati Director Nishith Yogeshchandra Gulati Director Recognitions & Rankings of Bico Twitex
Contact details
Bico Twitex Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS No 120/1/A Opp Jalaramrestaurant Village Mota Borsara Ta Mangrol, Surat, Gujarat, India – 394110
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Bico Twitex Private Limited, buy the company report.
Comprehensive company report
Bico Twitex 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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Business activity
The main business activity of Bico Twitex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Bico Twitex Private Limited, buy the company report.
Financials of Bico Twitex Private Limited
FY 2025 filings availableBico Twitex Private Limited reported revenue of ₹131.53 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹131.53 Cr ▲ 14%
Net profit · FY 2025
₹87.52 Lakh margin 0.7%
EBITDA · FY 2025
₹5.75 Cr margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 56%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 73%
5 years · compounded
▲ 48%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 14% growth in the latest year. EBITDA rose 16% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87.52 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Bico Twitex Private Limited, buy the company report.
Board of directors of Bico Twitex Private Limited
Bico Twitex has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Yogesh Chandra Gulati Also directs: Aakash Polyesters Pvt Ltd, Delakshi India Private Limited | Director | 13 Dec 1999 | 26 Years 10 Months | Current |
| Amita Nishith Gulati Also directs: Aakash Polyesters Pvt Ltd, Delakshi India Private Limited | Director | 17 Aug 2002 | 24 Years 2 Months | Current |
| Nishith Yogeshchandra Gulati Also directs: Aakash Polyesters Pvt Ltd, Delakshi India Private Limited | Director | 13 Dec 1999 | 26 Years 10 Months | Current |
Peer comparison
Bico Twitex Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rameshwar Textile Mills Private Limited | ₹131.98 Cr (FY 2021) | 17.0% | Mumbai, Maharashtra, India | |||
| Sunrise Ginning Private Limited | ₹131.78 Cr (FY 2015) | 92.0% | Dhoraji, Gujarat, India | |||
| Roses & Angels Private Limited | ₹131.62 Cr (FY 2025) | 17.0% | Howrah, West Bengal, India | |||
| Usha Garments Manufacturing Company Private Limited | ₹131.55 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Bico Twitex Private Limitedthis company | ₹131.53 Cr (FY 2025) | ₹87.52 Lakh | 0.7% | 14.0% | 1 | Surat, Gujarat, India |
| Nandan Cotex Private Limited | ₹131.49 Cr (FY 2025) | 27.0% | Rajkot, Gujarat, India | |||
| Asm Home Furnishings Private Limited | ₹131.35 Cr (FY 2025) | -1.0% | Panipat, Haryana, India | |||
| Balaji Filaments Private Limited | ₹131.35 Cr (FY 2025) | -48.0% | Mumbai, Maharashtra, India | |||
| Conifer Industries Private Limited | ₹131.07 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India | |||
| United Fashion Apparels Private Limited | ₹131.04 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bico Twitex Private Limited, buy the company report.
Auditor
Bico Twitex Private Limited is audited by ANUP K AGRAWAL AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANUP K AGRAWAL AND ASSOCIATES | FY 2023 | 0126276W |
Shareholding
The shareholding of Bico Twitex 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 Bico Twitex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹32.85 Cr
Satisfied charges
₹30.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2024 | 100942972 | Others | ₹42 Lakh | Open | |
| 19 Jan 2016 | 10619147 | Others | ₹32.43 Cr | Open | |
| 26 Jun 2025 | 101112924 | Others | ₹4 Cr | Satisfied | |
| 18 Feb 2021 | 100419658 | Others | ₹64.6 Lakh | Satisfied | |
| 04 Jun 2020 | 100346309 | Others | ₹57 Lakh | Satisfied |
To see the full charge records of Bico Twitex Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Bico Twitex Private Limited has 1 court case on record: 1 filed by Bico Twitex. All case is pending.
Total cases
1
Filed by the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
To see the full case history of Bico Twitex 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bico Twitex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bico Twitex Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-50%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Bico Twitex Private Limited, buy the company report.
GST
Bico Twitex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB9575E1ZP | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bico Twitex Private Limited, buy the company report.
Recent activity
Bico Twitex Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Amita Nishith Gulati was appointed as Director on 17 Aug 2002.
AGM
Bico Twitex Private Limited last Annual general meeting of members was held on 13 Sep 2025 as per latest MCA records.
Charges
A charge registered on 26 Jun 2025 via Charge ID 101112924 with Others was fully satisfied on 12 Sep 2025.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 101112924 was registered on 26 Jun 2025.
Filing
Bico Twitex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 20 Sep 2018 via Charge ID 100207645 with Others was fully satisfied on 04 Mar 2025.
Charges
A charge registered on 15 Oct 2010 via Charge ID 10250988 with Others was fully satisfied on 04 Mar 2025.
Charges
A charge registered on 04 Jun 2020 via Charge ID 100346309 with Others was fully satisfied on 27 Jan 2025.
Charges
A charge with Others of Rs. 32.43 Cr registered on 19 Jan 2016 with Charge ID 10619147 was modified on 27 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.42 Cr with Charge ID 100942972 was registered on 27 Jun 2024.
Charges
A charge registered on 18 Feb 2021 via Charge ID 100419658 with Others was fully satisfied on 15 Jun 2024.
Charges
A charge with Others of Rs. 9.97 Cr registered on 20 Sep 2018 with Charge ID 100207645 was modified on 25 Feb 2022.
Charges
A charge with Others amounted to Rs. 0.65 Cr with Charge ID 100419658 was registered on 18 Feb 2021.
23 earlier events are in the company report.
Frequently asked questions
Bico Twitex is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 August 1988 (38+ years old) and is registered under CIN U17119GJ1988PTC011168.
Bico Twitex has 3 current directors:
- Vimal Yogesh Chandra Gulati - Director
- Amita Nishith Gulati - Director
- Nishith Yogeshchandra Gulati - Director
The latest financial statements of Bico Twitex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 13 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bico Twitex is 24AAACB9575E1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Bico Twitex is U17119GJ1988PTC011168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bico Twitex has 1 court case on record: 1 filed by the company. 1 is pending.
Bico Twitex was incorporated on 26 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Bico Twitex by revenue are Rameshwar Textile Mills Private Limited, Sunrise Ginning Private Limited, Roses & Angels Private Limited, Usha Garments Manufacturing Company Private Limited, Nandan Cotex Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Amita Nishith Gulati was appointed as Director on 17 Aug 2002. Nishith Yogeshchandra Gulati was appointed as Director on 13 Dec 1999. Vimal Yogesh Chandra Gulati was appointed as Director on 13 Dec 1999.
Yes, Bico Twitex is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0055406).
The registered office of Bico Twitex is at S No 1201A Opp Jalaramrestaurant Village Mota Borsara Ta Mangrol, Surat, Gujarat, India – 394110.
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