About Clothes Rack Private Limited
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Clothes Rack Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 15 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2008PTC182244. Its GSTIN is 27AADCC3793L1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹39.6 Lakh. It is led by directors Rajiv Manharlal Shah (Managing Director) and Purnima Rajiv Shah.
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 33/D Shree Laxmi Jyot Ind Premises Co – Op.Soc.Ltd. New Link Road Andheri (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.44 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹43.74 Lakh (net margin 3.5%) and EBITDA of ₹72.65 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 3% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹6.4 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 clothesrack.in.
Company details
Contact details
Clothes Rack Private Limited's registered office is in Mumbai, Maharashtra. Its website is clothesrack.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address33/D Shree Laxmi Jyot Ind Premises Co – Op.Soc.Ltd. New Link Road Andheri (West), Mumbai, Maharashtra, India – 400056
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Clothes Rack Private Limited, buy the company report.
- 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
Business activity
The main business activity of Clothes Rack 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 Clothes Rack Private Limited, buy the company report.
Financials of Clothes Rack Private Limited
FY 2025 filings availableClothes Rack Private Limited reported revenue of ₹12.44 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 14% 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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| EBITDA | ₹72.65 Lakh | ||||
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| Net Profit (PAT) | ₹43.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Clothes Rack Private Limited, buy the company report.
Board of directors of Clothes Rack Private Limited
Clothes Rack has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Manharlal Shah | Managing Director | 15 May 2008 | 18 Years 5 Months | Current |
| Purnima Rajiv Shah | Director | 15 May 2008 | 18 Years 5 Months | Current |
Peer comparison
Clothes Rack Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Nsse Fab Private Limited | ₹12.6 Cr (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Jagrit Fashions Private Limited | ₹12.54 Cr (FY 2025) | -28.0% | Kolkata, West Bengal, India | |||
| Jubilant Securities Private Limited | ₹12.49 Cr (FY 2025) | 94.0% | Noida, Uttar Pradesh, India | |||
| Tayal Saree Centre Private Limited | ₹12.45 Cr (FY 2023) | 1.0% | Muzaffarnagar, Uttar Pradesh, India | |||
| Clothes Rack Private Limitedthis company | ₹12.44 Cr (FY 2024) | ₹43.74 Lakh | 3.5% | -1.0% | 40 | Mumbai, Maharashtra, India |
| Roopam International Private Limited | ₹12.4 Cr (FY 2025) | -1.0% | Ludhiana, Punjab, India | |||
| Capal Industries Private Limited | ₹12.39 Cr (FY 2024) | -6.0% | Delhi, India |
To see the full peer comparison of Clothes Rack Private Limited, buy the company report.
Auditor
Clothes Rack Private Limited is audited by K A R M & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K A R M & CO | FY 2021 | 105237W |
Shareholding
The shareholding of Clothes Rack Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Clothes Rack Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2014 | 10518539 | Yes Bank Limited | ₹5 Cr | Open | |
| 09 Dec 2010 | 10261338 | Hdfc Bank Limited | ₹2.25 Cr | Satisfied | |
| 09 Nov 2010 | 10258555 | Hdfc Bank Limited | ₹2.25 Cr | Satisfied | |
| 13 Nov 2009 | 10192373 | Hdfc Bank Limited | ₹1.9 Cr | Satisfied |
To see the full charge records of Clothes Rack Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Clothes Rack Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clothes Rack Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clothes Rack Private Limited has a workforce of 40 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Clothes Rack has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC3793L1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clothes Rack Private Limited, buy the company report.
Recent activity
Clothes Rack Private Limited has 2 board changes on record since 2008: 2 appointments. The latest: Purnima Rajiv Shah was appointed as Director on 15 May 2008.
2 earlier events are in the company report.
Frequently asked questions
Clothes Rack is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 15 May 2008 (18+ years old) and is registered under CIN U18101MH2008PTC182244.
Clothes Rack has 2 current directors:
- Rajiv Manharlal Shah - Managing Director
- Purnima Rajiv Shah - Director
The latest financial statements of Clothes Rack 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 Clothes Rack is 27AADCC3793L1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Clothes Rack is U18101MH2008PTC182244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clothes Rack was incorporated on 15 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Clothes Rack by revenue are Nsse Fab Private Limited, Jagrit Fashions Private Limited, Jubilant Securities Private Limited, Tayal Saree Centre Private Limited, Roopam International Private Limited and 1 more, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Purnima Rajiv Shah was appointed as Director on 15 May 2008. Rajiv Manharlal Shah was appointed as Managing Director on 15 May 2008.
Clothes Rack can be reached through the website clothesrack.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Clothes Rack is at 33D Shree Laxmi Jyot Ind Premises Co – Op.Soc.Ltd. New Link Road Andheri West, Mumbai, Maharashtra, India – 400056.
Clothes Rack operates in the fashion and textile industry, in the fashion retail segment.
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