India's Richest People 2026 edition · 1 director · Source: Hurun India
- #824 Manish Pasi & family ₹3,700 Cr
Revenue · FY 2025
₹501.8 Cr
▲ 25% YoY
Net profit · FY 2025
₹23.99 Cr
Net margin 4.8%
EBITDA · FY 2025
₹87.89 Cr
EBITDA margin 17.5%
Authorised capital
₹130 Cr
Registered with MCA
Paid-up capital
₹130 Cr
Issued & subscribed
Open charges
₹520 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
854
Provident fund records
About Colortone Textiles Private Limited
Data last updated:
Colortone Textiles Private Limited is a private limited company based in Chamrajanagar, Karnataka, India, a subsidiary of First Steps Babywear Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 02 March 2021 and has been in existence for over 5 years.
Its director Manish Pasi and family are #824 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17299KA2021PTC144752. Its GSTIN is 29AAJCC3231F1ZU (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹130 Cr. It is led by directors including Prashanth Gulur Bhyranna (Whole-Time Director) and Anjana Pasi.
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 Chamrajanagar, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹501.8 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹23.99 Cr (net margin 4.8%) and EBITDA of ₹87.89 Cr (EBITDA margin 17.5%).
The company has about 854 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹520 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹78.31 Cr; the latest was in May 2022. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 5 smaller; the largest is GRG Cotspin Limited with revenue of ₹524.97 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firststepsindia.com.
Company details
CIN U17299KA2021PTC144752
Registration Number 144752
Incorporation Date 02 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company First Steps Babywear Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Colortone Textiles
Contact details
Colortone Textiles Private Limited's registered office is in Chamrajanagar, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.14O – A KIADB – Badanaguppe – Kelamballi Industrial, Area, Chamrajanagar, Karnataka, India – 571313
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Colortone Textiles Private Limited, buy the company report.
Comprehensive company report
Colortone Textiles 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 Colortone Textiles 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 Colortone Textiles Private Limited, buy the company report.
Financials of Colortone Textiles Private Limited
FY 2025 filings availableColortone Textiles Private Limited reported revenue of ₹501.8 Cr (up 25% YoY) for FY 2025.
Revenue · FY 2025
₹501.8 Cr ▲ 25%
Net profit · FY 2025
₹23.99 Cr margin 4.8%
EBITDA · FY 2025
₹87.89 Cr margin 17.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 25%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 419%
Revenue rose 25% in the latest year. EBITDA rose 9% 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 |
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| Total Expenses | |||||
| EBITDA | ₹87.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.99 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.5% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Colortone Textiles Private Limited, buy the company report.
Board of directors of Colortone Textiles Private Limited
Colortone Textiles has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjana Pasi | Director | 02 Mar 2021 | 5 Years 7 Months | Current |
| Manish Pasi | Director | 02 Mar 2021 | 5 Years 7 Months | Current |
| Prashanth Gulur Bhyranna | Whole-Time Director | 18 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Colortone Textiles 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 |
|---|---|---|---|---|---|---|
| GRG Cotspin Limited | ₹524.97 Cr (FY 2025) | -9.0% | Delhi, India | |||
| Rajaguru Spinning Mills Private Limited | ₹513.05 Cr (FY 2025) | -20.0% | Erode, Tamil Nadu, India | |||
| Geelon Industries Private Limited | ₹511.13 Cr (FY 2025) | 9.0% | Surat, Gujarat, India | |||
| Gayatri Weavers Private Limited | ₹504.35 Cr (FY 2025) | 339.0% | Ahmedabad, Gujarat, India | |||
| Colortone Textiles Private Limitedthis company | ₹501.8 Cr (FY 2025) | ₹23.99 Cr | 4.8% | 25.0% | 854 | Chamrajanagar, Karnataka, India |
| Suryalata Spinning Mills Limited | ₹499.45 Cr (FY 2025) | 10.0% | Telangana, India | |||
| T.C. Spinners Private Limited | ₹499.06 Cr (FY 2025) | 5.0% | Lalru, Punjab, India | |||
| Woodland (Aero Club) Private Limited | ₹496.83 Cr (FY 2024) | New Delhi, Delhi, India | ||||
| Ahp Garments Private Limited | ₹496.58 Cr (FY 2025) | 3.0% | New Delhi, Delhi, India | |||
| K.K.P. Fine Linen Private Limited | ₹495.42 Cr (FY 2025) | 14.0% | Namakkal, Tamil Nadu, India |
To see the full peer comparison of Colortone Textiles Private Limited, buy the company report.
Auditor
Colortone Textiles Private Limited is audited by Raghavan Chaudhuri & Narayanan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raghavan Chaudhuri & Narayanan | FY 2023 | 007761S |
Shareholding
The shareholding of Colortone Textiles Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Colortone Textiles Private Limited, buy the company report.
Charges & borrowings
Open charges
₹520 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101181140 | Others | ₹26 Cr | Open | |
| 09 Jan 2025 | 101039875 | Hdfc Bank Limited | ₹18.78 Cr | Open | |
| 04 Dec 2024 | 101036630 | Others | ₹13 Cr | Open | |
| 04 Oct 2023 | 100787508 | Hdfc Bank Limited | ₹32 Cr | Open | |
| 25 Jan 2022 | 100538057 | Others | ₹430.22 Cr | Open |
To see the full charge records of Colortone Textiles Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Colortone Textiles Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹78.31 Cr; the latest was in May 2022.
Total deals
1
Funding round
1
Disclosed funding
₹78.31 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round | ₹78.31 Cr | Investors: First Steps Babywear Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Colortone Textiles Private Limited has 3 court cases on record: 2 filed by Colortone Textiles, 1 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed by the company against First Steps Babywear Pvt Ltd and 1 other | Disposed |
| District court, MYSURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, CHAMRAJNAGAR, Karnataka | Court case (IID) | Filed against the company by an individual | Pending |
To see the full case history of Colortone Textiles 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.
Credit ratings & regulatory alerts
Colortone Textiles Private Limited was last rated by Care on 25 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 Jan 2023 |
To see the full credit ratings and regulatory alerts of Colortone Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Colortone Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Colortone Textiles Private Limited has a workforce of 854 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
854
Active EPFO establishments
1
Employee growth
228.46%
GST
Colortone Textiles has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCC3231F1ZU | Karnataka | Active | 22 Apr 2021 |
| 33AAJCC3231F1Z5 | Tamil Nadu | Active | 30 Nov 2022 |
To see the full GST registrations and return filing status of Colortone Textiles Private Limited, buy the company report.
Recent activity
Colortone Textiles Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Prashanth Gulur Bhyranna was appointed as Whole-Time Director on 18 Oct 2025.
Appointed
Prashanth Gulur Bhyranna was appointed as Whole-Time Director.
Charges
A charge with Others amounted to Rs. 26.00 Cr with Charge ID 101181140 was registered on 16 Oct 2025.
Charges
A charge with Others of Rs. 430.22 Cr registered on 25 Jan 2022 with Charge ID 100538057 was modified on 15 Oct 2025.
AGM
Colortone Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Colortone Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 18.78 Cr with Charge ID 101039875 was registered on 09 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 32.00 Cr registered on 04 Oct 2023 with Charge ID 100787508 was modified on 10 Dec 2024.
Charges
A charge with Others amounted to Rs. 13.00 Cr with Charge ID 101036630 was registered on 04 Dec 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.00 Cr with Charge ID 100787508 was registered on 04 Oct 2023.
Charges
A charge with Others amounted to Rs. 430.22 Cr with Charge ID 100538057 was registered on 25 Jan 2022.
Appointed
Anjana Pasi was appointed as Director.
Appointed
Manish Pasi was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Colortone Textiles is an active private limited company based in Chamrajanagar, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 02 March 2021 (5+ years old) and is registered under CIN U17299KA2021PTC144752.
Colortone Textiles has 3 current directors:
- Prashanth Gulur Bhyranna - Whole-Time Director
- Anjana Pasi - Director
- Manish Pasi - Director
The latest financial statements of Colortone Textiles 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 FY 2021 are in the company report.
The GSTIN of Colortone Textiles is 29AAJCC3231F1ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCC3231F1Z5 (Tamil Nadu).
The CIN (Corporate Identification Number) of Colortone Textiles is U17299KA2021PTC144752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Colortone Textiles has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Colortone Textiles was incorporated on 02 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Colortone Textiles has 1 deal on record (1 funding round), with disclosed funding of ₹78.31 Cr; the latest was in May 2022.
The peers of Colortone Textiles by revenue are GRG Cotspin Limited, Rajaguru Spinning Mills Private Limited, Geelon Industries Private Limited, Gayatri Weavers Private Limited, Suryalata Spinning Mills Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Prashanth Gulur Bhyranna was appointed as Whole-Time Director on 18 Oct 2025. Anjana Pasi was appointed as Director on 02 Mar 2021. Manish Pasi was appointed as Director on 02 Mar 2021.
Colortone Textiles can be reached through the website firststepsindia.com. Its registered office is in Chamrajanagar, Karnataka, India.