MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-05-0018025
Fay Wear Private Limited - home & lifestyle in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹19.69 Cr
▼ 16% YoY
Net loss · FY 2025
₹1.62 Lakh
Net margin -0.1%
EBITDA · FY 2025
₹56.14 Lakh
EBITDA margin 2.9%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹69.09 Lakh
Issued & subscribed
Open charges
₹4.51 Cr
Satisfied ₹1.72 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
248
Provident fund records
About Fay Wear Private Limited
Data last updated:
Fay Wear Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2009PTC189268. Its GSTIN is 06AABCF3667L1ZE (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹69.09 Lakh. It was formerly known as Irani and Gressier Infrastructure Private Limited. It is led by directors including Meenakshi Verma and Zenobia Soli Irani.
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 656/7 Lower Ground Floor Govindpuri Kalkaji, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.69 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹1.62 Lakh (net margin -0.1%) and EBITDA of ₹56.14 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
The company has about 248 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Faywear. As per MCA filings, the company has open charges of ₹4.51 Cr and satisfied charges of ₹1.72 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 3 cases are pending.
Fay Wear Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0018025). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website faywear.com.
Company details
CIN U45400DL2009PTC189268
Registration Number 189268
Incorporation Date 09 April 2009
ROC Delhi
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-HR-05-0018025
Recognitions & Rankings of Fay Wear
Contact details
Fay Wear Private Limited's registered office is in New Delhi, Delhi. Its website is faywear.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address656/7 Lower Ground Floor Govindpuri Kalkaji, New Delhi, Delhi, India – 110019
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Fay Wear Private Limited, buy the company report.
Comprehensive company report
Fay Wear 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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Brands
Fay Wear operates one associated brand: Faywear. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Family-run business providing sustainable apparel design, manufacturing, and logistics services. | faywear.com |
Business activity
The main business activity of Fay Wear 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 Fay Wear Private Limited, buy the company report.
Financials of Fay Wear Private Limited
FY 2025 filings availableFay Wear Private Limited reported revenue of ₹19.69 Cr (down 16% YoY) for FY 2025.
Revenue · FY 2025
₹19.69 Cr ▼ 16%
Net loss · FY 2025
₹1.62 Lakh margin -0.1%
EBITDA · FY 2025
₹56.14 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 14%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 39%
5 years · compounded
▼ 27%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 16% fall in the latest year. EBITDA fell 78% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹56.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.62 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 2.9% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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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 Fay Wear Private Limited, buy the company report.
Board of directors of Fay Wear Private Limited
Fay Wear has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenakshi Verma Also directs: Turnberry Solutions Private Limited | Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Zenobia Soli Irani | Director | 09 Apr 2009 | 17 Years 6 Months | Current |
| Soli Rashid Irani | Director | 09 Apr 2009 | 17 Years 6 Months | Current |
Auditor
Fay Wear Private Limited is audited by NANGIA & CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NANGIA & CO LLP | FY 2021 | 002391C |
Shareholding
The shareholding of Fay Wear Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Fay Wear Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.51 Cr
Satisfied charges
₹1.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 May 2022 | 100578361 | The Hongkong and Shanghai Banking Corporation Limited | ₹2.5 Cr | Open | |
| 11 Oct 2019 | 100308025 | Others | ₹23 Lakh | Open | |
| 22 Oct 2018 | 100217521 | Others | ₹72 Lakh | Open | |
| 08 May 2018 | 100230624 | Others | ₹6.4 Lakh | Open | |
| 23 Feb 2012 | 10342512 | Punjab National Bank | ₹1 Cr | Open |
To see the full charge records of Fay Wear Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Fay Wear Private Limited has 10 court cases on record: 7 filed by Fay Wear, 3 filed against it. 3 cases are pending and 7 are disposed.
Total cases
10
Filed by the company
7
Filed against the company
3
Pending
3
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 3 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against an individual | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed by the company against M/S Restore Labs Pvt. Ltd. | Pending |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
| District court, Gurugram, Haryana | Court case (TRAFFIC) | Filed against the company by State of Haryana | Disposed |
To see the full case history of Fay Wear 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 Fay Wear Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fay Wear Private Limited has a workforce of 248 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
248
Active EPFO establishments
1
Employee growth
12.73%
GST
Fay Wear has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AABCF3667L1ZE | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fay Wear Private Limited, buy the company report.
Recent activity
Fay Wear Private Limited has 3 board changes on record since 2009: 3 appointments. The latest: Meenakshi Verma was appointed as Director on 30 Sep 2022.
AGM
Fay Wear Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fay Wear Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Meenakshi Verma was appointed as Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.50 Cr with Charge ID 100578361 was registered on 24 May 2022.
Charges
A charge registered on 20 Mar 2015 via Charge ID 10561774 with Punjab National Bank was fully satisfied on 31 Mar 2020.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100308025 was registered on 11 Oct 2019.
Charges
A charge registered on 11 Sep 2013 via Charge ID 10487249 with Punjab National Bank was fully satisfied on 12 Jun 2019.
Charges
A charge with Others amounted to Rs. 0.72 Cr with Charge ID 100217521 was registered on 22 Oct 2018.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100230624 was registered on 08 May 2018.
Charges
A charge with Punjab National Bank amounted to Rs. 1.50 Cr with Charge ID 10561774 was registered on 20 Mar 2015.
Charges
A charge with Punjab National Bank amounted to Rs. 0.22 Cr with Charge ID 10487249 was registered on 11 Sep 2013.
Charges
A charge with Punjab National Bank amounted to Rs. 1.00 Cr with Charge ID 10342512 was registered on 23 Feb 2012.
3 earlier events are in the company report.
Frequently asked questions
Fay Wear is an active private limited company based in New Delhi, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 April 2009 (17+ years old) and is registered under CIN U45400DL2009PTC189268.
Fay Wear has 3 current directors:
- Meenakshi Verma - Director
- Zenobia Soli Irani - Director
- Soli Rashid Irani - Director
The latest financial statements of Fay Wear 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 Fay Wear is 06AABCF3667L1ZE, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Fay Wear is U45400DL2009PTC189268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fay Wear has 10 court cases on record: 7 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Fay Wear was incorporated on 09 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Meenakshi Verma was appointed as Director on 30 Sep 2022. Soli Rashid Irani was appointed as Director on 09 Apr 2009. Zenobia Soli Irani was appointed as Director on 09 Apr 2009.
Yes, Fay Wear is registered as a small enterprise under Udyam registration (number: UDYAM-HR-05-0018025).
Fay Wear can be reached through the website faywear.com. Its registered office is in New Delhi, Delhi, India.
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