Faizan Shoes Private Limited

Faizan Shoes Private Limited - consumer goods in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U19201TN1989PTC016802 Incorporated 01 February 1989 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company consumer goods MSME · Micro
Revenue · FY 2025
₹1.27 Lakh
▼ 99% YoY
Net loss · FY 2025
₹8.29 Lakh
Latest filing
EBITDA · FY 2025
-₹7.91 Lakh
Latest filing
Authorised capital
₹17 Cr
Registered with MCA
Paid-up capital
₹16.95 Cr
Issued & subscribed
Open charges
₹19.7 Cr
Satisfied ₹1.25 Cr
Company age
37 yrs
Est. 1989
Employees · EPFO
954
Provident fund records

About Faizan Shoes Private Limited

Data last updated:

Faizan Shoes Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 01 February 1989 and has been in existence for over 37 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19201TN1989PTC016802. Its GSTIN is 33AAACF0423H1ZB (Tamil Nadu).

The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.95 Cr. It is led by directors including Rafeeq Ahmed Thadey (Managing Director) and Jawadahmed Thaday (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Old No. 26 New No. 53 Vepery High Road Periamet, Chennai, Tamil Nadu, India – 600003.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.27 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹8.29 Lakh and EBITDA of -₹7.91 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 57% over five years.

The company has about 954 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹19.7 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 67 cases involving the company, including 7 filed by the company and 60 filed against it; 5 cases are pending.

Faizan Shoes Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0073357). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tawahid.com.

Company details

CIN U19201TN1989PTC016802
Registration Number 016802
Incorporation Date 01 February 1989
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0073357
Key People
Rafeeq Ahmed Thadey Managing Director Jawadahmed Thaday Whole-Time Director Durenaaz Banghi Director

Recognitions & Rankings of Faizan Shoes

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-TN-02-0073357

Contact details

Faizan Shoes Private Limited's registered office is in Chennai, Tamil Nadu. Its website is tawahid.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    tawahid.com
  • Registered Address
    Old No. 26 New No. 53 Vepery High Road Periamet, Chennai, Tamil Nadu, India – 600003
  • Industry
    Consumer Goods, Footwear Manufacturing

To see the full contact details of Faizan Shoes Private Limited, buy the company report.

Comprehensive company report
Faizan Shoes 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 Faizan Shoes is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Faizan Shoes Private Limited, buy the company report.

Financials of Faizan Shoes Private Limited

FY 2024 filings available

Faizan Shoes Private Limited reported revenue of ₹1.27 Lakh (down 99% YoY) for FY 2025.

Revenue · FY 2025
₹1.27 Lakh ▼ 99%
Net loss · FY 2025
₹8.29 Lakh
EBITDA · FY 2025
-₹7.91 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 83%
5 years · compounded
▼ 57%
EBITDA CAGR growth
1 year
▼ 107%
3 years · compounded
▼ 28%
5 years · compounded
▲ 43%

Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 99% fall in the latest year. EBITDA fell 107% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹7.91 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹8.29 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
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 Faizan Shoes Private Limited, buy the company report.

Board of directors of Faizan Shoes Private Limited

Faizan Shoes has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jawadahmed ThadayWhole-Time Director01 Oct 201412 Years 1 MonthsCurrent
Durenaaz BanghiDirector05 Mar 199333 Years 8 MonthsCurrent
Rafeeq Ahmed Thadey
Also directs: Ambur Economic Development Organisation, Indian Leather Industry Foundation
Managing Director01 Feb 198937 Years 9 MonthsCurrent
Ashfaqahmed Thaday
Also directs: T.Abdul Wahid Tanneries Private Limited
Director01 Jul 201016 Years 4 MonthsCurrent
Adnan Ahmed Thadey
Also directs: T.Abdul Wahid Tanneries Private Limited, Uef Chamber of Commerce
Director25 Aug 199927 Years 2 MonthsCurrent
View all directors

Auditor

Faizan Shoes Private Limited is audited by SRINIVASAN AND SRIVATSAN for the financial year 2021.

Auditor firmFinancial yearFirm registration number
SRINIVASAN AND SRIVATSANFY 2021012867S

Shareholding

The shareholding of Faizan Shoes Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Faizan Shoes Private Limited, buy the company report.

Charges & borrowings

Open charges
₹19.7 Cr
Satisfied charges
₹1.25 Cr
Breakdown by lending institutions
State Bank of India₹19.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Aug 199690297704State Bank of India₹19.7 CrOpen
16 Jul 199390296205Indian Bank₹1.25 CrSatisfied

To see the full charge records of Faizan Shoes Private Limited, buy the company report.

Total charge records: 2 View all charges

Credit ratings & regulatory alerts

Faizan Shoes Private Limited was last rated by Crisil on 12 Mar 2020.

Rating agencyRated onRating
Crisil12 Mar 2020

To see the full credit ratings and regulatory alerts of Faizan Shoes Private Limited, buy the company report.

MSME payment delays

Faizan Shoes Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 75 overdue payments to 26 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 (5 of 26)

SupplierAmount dueDue sinceReported on
an individual supplier
Toby Polyfabs Pvt Ltd
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Faizan Shoes Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Faizan Shoes Private Limited has a workforce of 954 employees on its EPFO records as of Feb 2018, across 2 active EPFO establishments.

Employee count
954
Active EPFO establishments
2
Employee growth
40.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2017-18954
FY 2016-17

To see the full employee and EPFO history of Faizan Shoes Private Limited, buy the company report.

GST

Faizan Shoes has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAACF0423H1ZBTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Faizan Shoes Private Limited, buy the company report.

Recent activity

Faizan Shoes Private Limited has 7 board changes on record since 1989: 5 appointments and 2 cessations. The latest: Jawadahmed Thaday was appointed as Whole-Time Director on 01 Oct 2014.

AGM
Faizan Shoes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Faizan Shoes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with State Bank Of India of Rs. 19.70 Cr registered on 14 Aug 1996 with Charge ID 90297704 was modified on 05 May 2017.
Appointed
Jawadahmed Thaday was appointed as Whole-Time Director.
Appointed
Ashfaqahmed Thaday was appointed as Director.
Ceased
Faizan Ahmed Thadey ceased to be Director.
Ceased
Hakim Mahmood Akhtar ceased to be Director.
Appointed
Adnan Ahmed Thadey was appointed as Director.
Charges
A charge registered on 16 Jul 1993 via Charge ID 90296205 with Indian Bank was fully satisfied on 09 Nov 1996.
Charges
A charge with State Bank Of India amounted to Rs. 19.70 Cr with Charge ID 90297704 was registered on 14 Aug 1996.
Charges
A charge with Indian Bank of Rs. 1.25 Cr registered on 16 Jul 1993 with Charge ID 90296205 was modified on 17 May 1995.
Charges
A charge with Indian Bank amounted to Rs. 1.25 Cr with Charge ID 90296205 was registered on 16 Jul 1993.

3 earlier events are in the company report.

Frequently asked questions

Faizan Shoes is an active private limited company based in Chennai, Tamil Nadu, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 01 February 1989 (37+ years old) and is registered under CIN U19201TN1989PTC016802.

Faizan Shoes has 5 current directors:

The latest financial statements of Faizan Shoes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Faizan Shoes is 33AAACF0423H1ZB, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Faizan Shoes is U19201TN1989PTC016802. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Faizan Shoes has 67 court cases on record: 7 filed by the company and 60 filed against it. 5 are pending. Most are in the district courts.

Faizan Shoes was incorporated on 01 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Chennai.

Jawadahmed Thaday was appointed as Whole-Time Director on 01 Oct 2014. Ashfaqahmed Thaday was appointed as Director on 01 Jul 2010. Faizan Ahmed Thadey ceased to be Director on 01 Jul 2010. Faizan Shoes has 7 board changes on record in total.

Yes, Faizan Shoes is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0073357).

Faizan Shoes has 4 MSME Form 1 returns on record between 2019 and 2020, listing 75 overdue payments to 26 micro and small suppliers. The latest return was filed on 21 Oct 2020.

Faizan Shoes can be reached through the website tawahid.com. Its registered office is in Chennai, Tamil Nadu, India.