Bindass Apparels Private Limited
About Bindass Apparels Private Limited
Data last updated:
Bindass Apparels Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 November 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U18101MP1995PTC010136. Its GSTIN is 23AAACB7168H1ZS (Madhya Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.3 Lakh. It is led by directors Seema Muchhal and Sanjay Muchhal.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 38 – Shiv Vilas Palace, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.32 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.31 Cr (net margin 20.7%) and EBITDA of ₹1.67 Cr (EBITDA margin 26.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹3.63 Cr on record. Court records list 15 cases involving the company, including 1 filed by the company and 13 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address38 – Shiv Vilas Palace, Indore, Madhya Pradesh, India – 452001
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Bindass Apparels Private Limited
The main business activity of Bindass Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Bindass Apparels Private Limited
Bindass Apparels Private Limited is audited by VINOD & COMPANY for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINOD & COMPANY | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Bindass Apparels Private Limited
Bindass Apparels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seema Muchhal | Director | 19 Nov 1995 | 30 Years 10 Months | Current |
| Sanjay Muchhal | Director | 19 Nov 1995 | 30 Years 10 Months | Current |
Financials of Bindass Apparels Private Limited FY 2023 filings available
Bindass Apparels Private Limited reported revenue of ₹6.32 Cr (up 19% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Bindass Apparels Private Limited
Revenue rose 19% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 392% 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 of Bindass Apparels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹1.67 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.31 Cr | •••• | •••• | •••• | •••• |
| 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 of Bindass Apparels Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Bindass Apparels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Bindass Apparels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Bindass Apparels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2017 | Hdfc Bank Limited | ₹1.65 Cr | Open |
| 30 Jun 2007 | State Bank of Indore | ₹45 Lakh | Open |
| 29 Oct 1999 | State Bank of India | ₹1.53 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Bindass Apparels Private Limited
Employment history and EPFO contributions of people linked to Bindass Apparels.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Bindass Apparels Private Limited
Bindass Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACB7168H1ZS | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Legal Cases of Bindass Apparels Private Limited
Bindass Apparels Private Limited has 15 court cases on record: 1 filed by Bindass Apparels, 13 filed against it, 1 where it is another party. 5 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 13 | 5 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Idfc First Bank Limited | Pending |
| District court, Jaipur Metro II, Rajasthan | Criminal case | Filed against the company by Indusind Bank Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Idfc First Bank Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Bhadresh Jayantilal Shah- Raj Traders | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by D Mills Textiles | Pending |
Full case history
All 15 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Bindass Apparels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Bindass Apparels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Bindass Apparels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Bindass Apparels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Bindass Apparels Private Limited
Frequently Asked Questions about Bindass Apparels Private Limited
Bindass Apparels is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 November 1995 (31+ years old) and is registered under CIN U18101MP1995PTC010136.
Bindass Apparels reported revenue of ₹6.32 Cr for FY 2023 (up 19% YoY).
Bindass Apparels has 2 current directors:
- Seema Muchhal - Director
- Sanjay Muchhal - Director
Bindass Apparels reported a net profit of ₹1.31 Cr (net margin 20.7%) and EBITDA of ₹1.67 Cr (EBITDA margin 26.5%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bindass Apparels is -8% over three years and -7% over five years. In the latest year (FY 2023) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bindass Apparels is 23AAACB7168H1ZS, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bindass Apparels is U18101MP1995PTC010136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bindass Apparels has 15 court cases on record: 1 filed by the company and 13 filed against it. 5 are pending.
Bindass Apparels was incorporated on 19 November 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.