About Exclusive Linen Fabric Private Limited
Data last updated:
Exclusive Linen Fabric Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ashwell Textiles Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 January 2020.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2020PTC336294. Its GSTIN is 26AAFCE7965C1ZJ (Dadra and Nagar Haveli and Daman and Diu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.76 Cr. It is led by directors including Dakshesh Pravinchandra Choksi (Irp/Rp/Liquidator) and Vimal Kumar Goenka.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Tex Centre Premises Society Gala 202 H Wing 26/A Opp Chandivali Rd Sakinaka, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2023, the company reported a revenue of ₹51.67 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.85 Cr (net margin 3.6%) and EBITDA of ₹4.55 Cr (EBITDA margin 8.8%). Revenue has grown at a compounded annual rate (CAGR) of 217% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15.5 Cr and satisfied charges of ₹29.3 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending.
The last known website on record is linenart.in.
Company details
Contact details
Exclusive Linen Fabric Private Limited's registered office is in Mumbai, Maharashtra. Its website is linenart.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTex Centre Premises Society Gala 202 H Wing 26/A Opp Chandivali Rd Sakinaka, Mumbai, Maharashtra, India – 400072
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Exclusive Linen Fabric 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 Exclusive Linen Fabric 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 Exclusive Linen Fabric Private Limited, buy the company report.
Financials of Exclusive Linen Fabric Private Limited
FY 2023 filings availableExclusive Linen Fabric Private Limited reported revenue of ₹51.67 Cr (down 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 217%. EBITDA rose 22% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹51.67 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹4.55 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.85 Cr | |||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.8% | |||
| Net Profit Margin | 3.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Exclusive Linen Fabric Private Limited, buy the company report.
Board of directors of Exclusive Linen Fabric Private Limited
Exclusive Linen Fabric has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dakshesh Pravinchandra Choksi | Irp/Rp/Liquidator | 05 Mar 2025 | 1 Years 8 Months | As last reported |
| Vimal Kumar Goenka Also directs: Fancy Fab Spinning & Weaving Mill LLP, Ashwell Textiles Private Limited, Shreeja Devcon Private Limited and 1 more | Director | 20 Jan 2020 | 6 Years 9 Months | As last reported |
| Shitanshu Bipin Vora Also directs: Fancy Fab Spinning & Weaving Mill LLP, Ashwell Textiles Private Limited, Shreeja Devcon Private Limited and 2 more | Director | 20 Jan 2020 | 6 Years 9 Months | As last reported |
Peer comparison
Exclusive Linen Fabric Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Kutti Spinners Private Limited | ₹51.71 Cr (FY 2025) | -9.0% | Tamil Nadu, India | |||
| Jigisha Fibres Pvt Ltd | ₹51.69 Cr (FY 2025) | 30.0% | Surat, Gujarat, India | |||
| Vasa Nonwoven Industries Private Limited | ₹51.68 Cr (FY 2025) | 3.0% | Tirupur, Tamil Nadu, India | |||
| Exclusive Linen Fabric Private Limitedthis company | ₹51.67 Cr (FY 2023) | ₹1.85 Cr | 3.6% | -1.0% | 2 | Mumbai, Maharashtra, India |
| Sukartik Clothing Private Limited | ₹51.67 Cr (FY 2025) | 12.0% | Ludhiana, Punjab, India | |||
| Radhika Prints Pvt Ltd | ₹51.52 Cr (FY 2025) | 1.0% | Surat, Gujarat, India | |||
| Konika Intima Private Limited | ₹51.47 Cr (FY 2024) | 1.0% | Surat, Gujarat, India |
To see the full peer comparison of Exclusive Linen Fabric Private Limited, buy the company report.
Auditor
Exclusive Linen Fabric Private Limited is audited by Kuldeep Verma & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kuldeep Verma & Co. | FY 2023 | 326842E |
Shareholding
The shareholding of Exclusive Linen Fabric Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Exclusive Linen Fabric Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2024 | 100893560 | Others | ₹2 Cr | Open | |
| 06 Feb 2024 | 100867773 | Others | ₹12.5 Cr | Open | |
| 20 Nov 2023 | 100862238 | Yes Bank Limited | ₹10.37 Lakh | Open | |
| 19 Jan 2022 | 100528648 | Axis Bank Limited | ₹90 Lakh | Open | |
| 04 Mar 2023 | 100763069 | Hdfc Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Exclusive Linen Fabric Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Exclusive Linen Fabric Private Limited has 5 court cases on record: 2 filed by Exclusive Linen Fabric, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Shree Hari Yarns Private Limited | Disposed |
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Court case (I.D.R. - DISTRICT) | Filed by the company against an individual | Pending |
| District court, Silvassa, The Dadra And Nagar Haveli And Daman And Diu | Court case (I.D.R. - DISTRICT) | Filed by the company against an individual | Pending |
| District court, Ghaziabad, Uttar Pradesh | Criminal case | Filed against the company by State Government | Disposed |
To see the full case history of Exclusive Linen Fabric 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
Exclusive Linen Fabric Private Limited has 8 MSME Form 1 returns on record between 2021 and 2023, listing 14 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Carol Petroleum Private Limited | |||
| an individual supplier | |||
| Linen Art Private Limited |
To see the full MSME payment records of Exclusive Linen Fabric Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Exclusive Linen Fabric Private Limited has a workforce of 2 employees on its EPFO records as of Mar 2025, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 2 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Exclusive Linen Fabric Private Limited, buy the company report.
GST
Exclusive Linen Fabric has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAFCE7965C1ZJ | Dadra and Nagar Haveli and Daman and Diu | Active | 19 Feb 2020 |
To see the full GST registrations and return filing status of Exclusive Linen Fabric Private Limited, buy the company report.
Recent activity
Exclusive Linen Fabric Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Dakshesh Pravinchandra Choksi was appointed as Irp/Rp/Liquidator on 05 Mar 2025.
10 earlier events are in the company report.
Frequently asked questions
Exclusive Linen Fabric is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Exclusive Linen Fabric is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 January 2020 and is registered under CIN U17299MH2020PTC336294. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Exclusive Linen Fabric has 3 current directors:
- Vimal Kumar Goenka - Director
- Shitanshu Bipin Vora - Director
- Dakshesh Pravinchandra Choksi - Irp/Rp/Liquidator
The latest financial statements of Exclusive Linen Fabric on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Exclusive Linen Fabric is U17299MH2020PTC336294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Exclusive Linen Fabric has open charges of ₹15.5 Cr and satisfied charges of ₹29.3 Cr as per latest MCA filings.
Exclusive Linen Fabric has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Exclusive Linen Fabric was incorporated on 20 January 2020. It is registered with the Registrar of Companies, Mumbai.
The peers of Exclusive Linen Fabric by revenue are Kutti Spinners Private Limited, Jigisha Fibres Pvt Ltd, Vasa Nonwoven Industries Private Limited, Sukartik Clothing Private Limited, Radhika Prints Pvt Ltd and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dakshesh Pravinchandra Choksi was appointed as Irp/Rp/Liquidator on 05 Mar 2025. Rajan Garg ceased to be Irp/Rp/Liquidator on 05 Mar 2025. Shitanshu Bipin Vora was appointed as Director on 20 Jan 2020. Exclusive Linen Fabric has 4 board changes on record in total.
Exclusive Linen Fabric has 8 MSME Form 1 returns on record between 2021 and 2023, listing 14 overdue payments to 4 micro and small suppliers. The latest return was filed on 03 Nov 2023.
Exclusive Linen Fabric can be reached through the website linenart.in. Its registered office is in Mumbai, Maharashtra, India.
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