MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0114970
Emgee Velvets Pvt Ltd
Emgee Velvets Pvt Ltd - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.73 Cr
▼ 10% YoY
Net profit · FY 2024
₹3.57 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹77.59 Lakh
EBITDA margin 8.9%
Authorised capital
₹99 Lakh
Registered with MCA
Paid-up capital
₹95.57 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
43 yrs
Est. 1983
Employees · EPFO
5
Provident fund records
About Emgee Velvets Pvt Ltd
Data last updated:
Emgee Velvets Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 18 February 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1983PTC029340. Its GSTIN is 27AAACE2484K1ZH (Maharashtra).
The company has an authorised share capital of ₹99 Lakh and a paid-up capital of ₹95.57 Lakh. It is led by directors Rajkumar Shorewala and Uttara Shorewala Sandeep.
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 59/67 Mirza Street Ground Floor Near Zaveri Bazar, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.73 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.57 Lakh (net margin 0.4%) and EBITDA of ₹77.59 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 5% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1 Cr on record.
Emgee Velvets Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0114970). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120MH1983PTC029340
Registration Number 029340
Incorporation Date 18 February 1983
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0114970
Recognitions & Rankings of Emgee Velvets
Contact details
Emgee Velvets Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address59/67 Mirza Street Ground Floor Near Zaveri Bazar, Mumbai, Maharashtra, India – 400003
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Emgee Velvets Pvt Ltd, buy the company report.
Comprehensive company report
Emgee Velvets Pvt Ltd - 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 Emgee Velvets 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 Emgee Velvets Pvt Ltd, buy the company report.
Financials of Emgee Velvets Pvt Ltd
FY 2025 filings availableEmgee Velvets Pvt Ltd reported revenue of ₹8.73 Cr (down 10% YoY) for FY 2024.
Revenue · FY 2024
₹8.73 Cr ▼ 10%
Net profit · FY 2024
₹3.57 Lakh margin 0.4%
EBITDA · FY 2024
₹77.59 Lakh margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 20%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 5%
5 years · compounded
▼ 3%
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 10% 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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| Total Expenses | |||||
| EBITDA | ₹77.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.57 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Emgee Velvets Pvt Ltd, buy the company report.
Board of directors of Emgee Velvets Pvt Ltd
Emgee Velvets has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Shorewala Also directs: Aerosol Services (India) Private Limited | Director | 27 Jun 1986 | 40 Years 4 Months | Current |
| Uttara Shorewala Sandeep Also directs: Aerosol Services (India) Private Limited | Director | 01 Jul 1994 | 32 Years 4 Months | Current |
Peer comparison
Emgee Velvets Pvt Ltd is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 |
|---|---|---|---|---|---|---|
| Silky Images Fashions Private Limited | ₹8.75 Cr (FY 2024) | -51.0% | Surat, Gujarat, India | |||
| Vasudev Mills Private Limited | ₹8.75 Cr (FY 2025) | -57.0% | Ichalkaranji, Maharashtra, India | |||
| Emgee Velvets Pvt Ltdthis company | ₹8.73 Cr (FY 2024) | ₹3.57 Lakh | 0.4% | -10.0% | 5 | Mumbai, Maharashtra, India |
| Rajaram Fashions Private Limited | ₹8.72 Cr (FY 2025) | 5.0% | Surat, Gujarat, India |
To see the full peer comparison of Emgee Velvets Pvt Ltd, buy the company report.
Auditor
Emgee Velvets Pvt Ltd is audited by S C JAIN & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C JAIN & CO | FY 2021 | 103965W |
Shareholding
The shareholding of Emgee Velvets Pvt Ltd is on record for 5 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Emgee Velvets Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2015 | 10593687 | Central Bank of India | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Emgee Velvets Pvt Ltd 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 Emgee Velvets Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Emgee Velvets Pvt Ltd has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
-16.67%
GST
Emgee Velvets has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE2484K1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Emgee Velvets Pvt Ltd, buy the company report.
Recent activity
Emgee Velvets Pvt Ltd has 2 board changes on record since 1986: 2 appointments. The latest: Uttara Shorewala Sandeep was appointed as Director on 01 Jul 1994.
AGM
Emgee Velvets Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Emgee Velvets Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Central Bank Of India amounted to Rs. 100.00 Lakh with Charge ID 10593687 was registered on 19 Aug 2015.
Appointed
Uttara Shorewala Sandeep was appointed as Director.
Appointed
Rajkumar Shorewala was appointed as Director.
Incorporation
18 Feb 1983
Emgee Velvets Pvt Ltd was registered on 18 Feb 1983 with Roc Mumbai I & aged 43 years 8 months as per MCA records.
Frequently asked questions
Emgee Velvets is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 18 February 1983 (43+ years old) and is registered under CIN U17120MH1983PTC029340.
Emgee Velvets has 2 current directors:
- Rajkumar Shorewala - Director
- Uttara Shorewala Sandeep - Director
The latest financial statements of Emgee Velvets 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 Emgee Velvets is 27AAACE2484K1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Emgee Velvets is U17120MH1983PTC029340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Emgee Velvets was incorporated on 18 February 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Emgee Velvets by revenue are Silky Images Fashions Private Limited, Vasudev Mills Private Limited, Rajaram Fashions Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (textile, leather and other apparel products).
Uttara Shorewala Sandeep was appointed as Director on 01 Jul 1994. Rajkumar Shorewala was appointed as Director on 27 Jun 1986.
Yes, Emgee Velvets is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0114970).
The registered office of Emgee Velvets is at 5967 Mirza Street Ground Floor Near Zaveri Bazar, Mumbai, Maharashtra, India – 400003.
Emgee Velvets operates in the home and lifestyle industry, in the textile retail and distribution segment.
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