- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-20-0011717

Dipen Sarees Private Limited
About Dipen Sarees Private Limited
Data last updated:
Dipen Sarees Private Limited is a private limited company based in Jetpur, Gujarat, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 20 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18109GJ2013PTC074603. Its GSTIN is 24AAECD6358B1ZY (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Balwantrai Fulchand Padia and Dipenkumar Balwantrai Padia.
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 C/O. M/S. Balvant D. & P. Works Old Rajkot Road, Jetpur, Gujarat, India – 360370.
As per the financials filed for FY 2025, the company reported a revenue of ₹63.81 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹15.02 Lakh (net margin 0.2%) and EBITDA of ₹1.54 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹7.85 Cr on record. Court records list 10 cases involving the company, including 4 filed by the company and 6 filed against it.
Dipen Sarees Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0011717). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Dipen Sarees
Contact details
Dipen Sarees Private Limited's registered office is in Jetpur, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O. M/S. Balvant D. & P. Works Old Rajkot Road, Jetpur, Gujarat, India – 360370
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Dipen Sarees 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 Dipen Sarees 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 Dipen Sarees Private Limited, buy the company report.
Financials of Dipen Sarees Private Limited
FY 2025 filings availableDipen Sarees Private Limited reported revenue of ₹63.81 Cr (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 20% growth in the latest year. EBITDA rose 15% 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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| EBITDA | ₹1.54 Cr | ||||
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| Net Profit (PAT) | ₹15.02 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.4% | ||||
| Net Profit Margin | 0.2% | ||||
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To see the full financial statements and ratios of Dipen Sarees Private Limited, buy the company report.
Board of directors of Dipen Sarees Private Limited
Dipen Sarees has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balwantrai Fulchand Padia | Director | 11 Mar 2021 | 5 Years 8 Months | Current |
| Dipenkumar Balwantrai Padia | Director | 20 Apr 2013 | 13 Years 6 Months | Current |
| Piyushkumar Balwantrai Padiya | Director | 20 Apr 2013 | 13 Years 6 Months | Current |
| Heenaben Dipenkumar Padiya | Director | 11 Mar 2021 | 5 Years 8 Months | Current |
Peer comparison
Dipen Sarees Private Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Ethnic Wear, Sarees, 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 |
|---|---|---|---|---|---|---|
| Khamar Denim Private Limited | ₹64.02 Cr (FY 2025) | 645.0% | Mehsana, Gujarat, India | |||
| Jineshwar Knitting Private Limited | ₹64 Cr (FY 2025) | 6.0% | Tirupur, Tamil Nadu, India | |||
| Arun Spinning Mills Private Limited | ₹63.98 Cr (FY 2025) | 15.0% | Virudhunagar, Tamil Nadu, India | |||
| Adamsons Contex Private Limited | ₹63.96 Cr (FY 2025) | 19.0% | Kolkata, West Bengal, India | |||
| Rawalwasia Yarn Dyeing Private Limited | ₹63.83 Cr (FY 2025) | -60.0% | Surat, Gujarat, India | |||
| Dipen Sarees Private Limitedthis company | ₹63.81 Cr (FY 2025) | ₹15.02 Lakh | 0.2% | 20.0% | Jetpur, Gujarat, India | |
| Rajapalayam Textile Limited | ₹63.78 Cr (FY 2025) | -11.0% | Rajapalayam, Tamil Nadu, India | |||
| K V Kumar Silk Sarees Private Limited | ₹63.77 Cr (FY 2025) | 25.0% | Tiruvannamalai, Tamil Nadu, India | |||
| Claremont Home Textiles Private Limited | ₹63.69 Cr (FY 2024) | 77.0% | Ahmedabad, Gujarat, India | |||
| Colors Sulzer Private Limited | ₹63.65 Cr (FY 2025) | 49.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Dipen Sarees Private Limited, buy the company report.
Auditor
Dipen Sarees Private Limited is audited by DASANI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DASANI & ASSOCIATES | FY 2021 | 127195W |
Shareholding
The shareholding of Dipen Sarees Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Dipen Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2013 | 10439162 | Hdfc Bank Limited | ₹7.85 Cr | Open |
To see the full charge records of Dipen Sarees Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Dipen Sarees Private Limited has 10 court cases on record: 4 filed by Dipen Sarees, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 6 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, East Godavari, Andhra Pradesh | Court case (IP) | Filed against the company by individuals | Disposed |
To see the full case history of Dipen Sarees 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 Dipen Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dipen Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECD6358B1ZY | Gujarat | Active | 13 Jul 2017 |
To see the full GST registrations and return filing status of Dipen Sarees Private Limited, buy the company report.
Recent activity
Dipen Sarees Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Balwantrai Fulchand Padia was appointed as Director on 11 Mar 2021.
Frequently asked questions
Dipen Sarees is an active private limited company based in Jetpur, Gujarat, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 20 April 2013 (13+ years old) and is registered under CIN U18109GJ2013PTC074603.
Dipen Sarees has 4 current directors:
- Balwantrai Fulchand Padia - Director
- Dipenkumar Balwantrai Padia - Director
- Piyushkumar Balwantrai Padiya - Director
- Heenaben Dipenkumar Padiya - Director
The latest financial statements of Dipen Sarees 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 Dipen Sarees is 24AAECD6358B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Dipen Sarees is U18109GJ2013PTC074603. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dipen Sarees has 10 court cases on record: 4 filed by the company and 6 filed against it.
Dipen Sarees was incorporated on 20 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Dipen Sarees by revenue are Khamar Denim Private Limited, Jineshwar Knitting Private Limited, Arun Spinning Mills Private Limited, Adamsons Contex Private Limited, Rawalwasia Yarn Dyeing Private Limited and 4 more, all in the Apparel industry (Ethnic Wear, Sarees, Textiles), with the same principal business activity (textile, leather and other apparel products).
Balwantrai Fulchand Padia was appointed as Director on 11 Mar 2021. Heenaben Dipenkumar Padiya was appointed as Director on 11 Mar 2021. Dipenkumar Balwantrai Padia was appointed as Director on 20 Apr 2013. Dipen Sarees has 4 board changes on record in total.
Yes, Dipen Sarees is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-20-0011717).
The registered office of Dipen Sarees is at CO. MS. Balvant D. & P. Works Old Rajkot Road, Jetpur, Gujarat, India – 360370.

