About Bindigasm Apparels Private Limited
Data last updated:
Bindigasm Apparels Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U18109MP2019PTC050499. Its GSTIN is 23AAICB8295P1ZX (Madhya Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It is led by directors including Arpita Mehta and Paras Mal Mehta.
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 34 T.T. Nagar Pipliya Kumar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.83 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹13.56 Lakh (net margin 2.8%) and EBITDA of ₹38.1 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The company has about 33 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Advi Blouses. As per MCA filings, the company has open charges of ₹1.5 Cr on record.
For more details, the company can be reached via its website bindigasm-enterprises-factory.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered Address34 T.T. Nagar Pipliya Kumar, 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 Bindigasm Apparels Private Limited
The main business activity of Bindigasm 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.
Financials of Bindigasm Apparels Private Limited FY 2025 filings available
Bindigasm Apparels Private Limited reported revenue of ₹4.83 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Bindigasm Apparels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 15% growth in the latest year. EBITDA rose 11% 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 Bindigasm Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹38.1 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.56 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 of Bindigasm Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 Bindigasm Apparels are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Bindigasm Apparels Private Limited
Bindigasm Apparels Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Branded Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| First Source Merchandise Private Limited | ₹4.93 Cr (FY 2018) | •••• | •••• | -38.0% | •••• | Mumbai, Maharashtra, India |
| Zobotex Garments Private Limited | ₹4.93 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Saibaba Apparel Exports Private Limited | ₹4.91 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Benesome Apparel Private Limited | ₹4.91 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Tirupur, Tamil Nadu, India |
| Khatunaresh Enterprises Private Limited | ₹4.9 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Shastri Nagar, Delhi, India |
| Bindigasm Apparels Private Limited this company | ₹4.83 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Indore, Madhya Pradesh, India |
| Everon Threads Private Limited | ₹4.82 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Ludhiana, Punjab, India |
| Lilymint Clothing Private Limited | ₹4.76 Cr (FY 2024) | •••• | •••• | 105.0% | •••• | New Delhi, Delhi, India |
| Godspeed Clothing Private Limited | ₹4.7 Cr (FY 2019) | •••• | •••• | -69.0% | •••• | Chennai, Tamil Nadu, India |
| Hi-Faire Apparels Private Limited | ₹4.7 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Jaipur, Rajasthan, India |
| Peepal Tree Exports Private Limited | ₹4.66 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Pernem, Goa, India |
Peers are the five companies nearest above and the five nearest below Bindigasm Apparels by revenue in the Apparel industry (Branded Wear), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Bindigasm Apparels Private Limited
Bindigasm Apparels Private Limited is audited by S RAMANAND AIYAR AND COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S RAMANAND AIYAR AND 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 Bindigasm Apparels Private Limited
Bindigasm Apparels has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpita Mehta | Director | 27 Dec 2019 | 6 Years 9 Months | Current |
| Paras Mal Mehta | Director | 27 Dec 2019 | 6 Years 9 Months | Current |
| Pranita Mehta | Director | 27 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Bindigasm 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 Bindigasm Apparels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jan 2024 | Yes Bank Limited | ₹1.5 Cr | Open |
Total charge records: 1 View all charges
Associated Brands with Bindigasm Apparels Private Limited
Bindigasm Apparels operates one associated brand: Advi Blouses. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online store offering a wide range of womens ethnic wear apparel. | adviblouses.com |
Employees and EPFO Compliance at Bindigasm Apparels Private Limited
Bindigasm Apparels Private Limited has a workforce of 33 employees as of Oct 09, 2025.
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.
Recent Activity on Bindigasm Apparels Private Limited
Bindigasm Apparels Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Arpita Mehta was appointed as Director on 27 Dec 2019.
Credit Ratings, Litigation & Regulatory Alerts for Bindigasm 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 Bindigasm 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 Bindigasm 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.
GST Compliance of Bindigasm Apparels Private Limited
Bindigasm Apparels has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICB8295P1ZX | Madhya Pradesh | Active | 14 Feb 2020 |
| 29AAICB8295P1ZL | Karnataka | Active | 09 Jun 2025 |
| 06AAICB8295P1ZT | Haryana | Active | 24 Sep 2025 |
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.
MCA Filings & Documents of Bindigasm 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.
Frequently Asked Questions about Bindigasm Apparels Private Limited
Bindigasm 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 27 December 2019 (7+ years old) and is registered under CIN U18109MP2019PTC050499.
Bindigasm Apparels reported revenue of ₹4.83 Cr for FY 2024 (up 15% YoY).
Bindigasm Apparels has 3 current directors:
- Arpita Mehta - Director
- Paras Mal Mehta - Director
- Pranita Mehta - Director
Bindigasm Apparels reported a net profit of ₹13.56 Lakh (net margin 2.8%) and EBITDA of ₹38.1 Lakh (EBITDA margin 7.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Bindigasm Apparels is 14% over three years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Bindigasm Apparels is 23AAICB8295P1ZX, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAICB8295P1ZL (Karnataka), 06AAICB8295P1ZT (Haryana).
The CIN (Corporate Identification Number) of Bindigasm Apparels is U18109MP2019PTC050499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bindigasm Apparels was incorporated on 27 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Bindigasm Apparels by revenue are First Source Merchandise Private Limited, Zobotex Garments Private Limited, Saibaba Apparel Exports Private Limited, Benesome Apparel Private Limited, Khatunaresh Enterprises Private Limited and 5 more, all in the Apparel industry (Branded Wear).
Arpita Mehta was appointed as Director on 27 Dec 2019. Paras Mal Mehta was appointed as Director on 27 Dec 2019. Pranita Mehta was appointed as Director on 27 Dec 2019.
Yes, Bindigasm Apparels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).