Flaxen Textiles Private Limited
About Flaxen Textiles Private Limited
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Flaxen Textiles Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17100GJ2011PTC097430. Its GSTIN is 24AAECG3325P1ZH (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹43 Lakh. It was formerly known as Goverdhan Vincom Private Limited. It is led by directors Misaal Asit Parikh and Tejal Haresbhai Patel.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.97 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹28.43 Lakh (net margin 0.5%) and EBITDA of ₹1.55 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 16% over five years.
Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Flaxen Textiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17100GJ2011PTC097430, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100GJ2011PTC097430 | Current |
| U52190GJ2011PTC097430 | Previous |
| U52190WB2011PTC164902 | Previous |
Contact details
Flaxen Textiles Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGodown No. B 20 D K Wear House, Piplaj Road, Ahmedabad, Gujarat, India – 382405
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Flaxen Textiles 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 Flaxen Textiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Flaxen Textiles Private Limited, buy the company report.
Financials of Flaxen Textiles Private Limited
FY 2025 filings availableFlaxen Textiles Private Limited reported revenue of ₹55.97 Cr (down 38% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 26% 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 | ₹1.55 Cr | ||||
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| Net Profit (PAT) | ₹28.43 Lakh | ||||
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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 | 2.8% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Flaxen Textiles Private Limited, buy the company report.
Board of directors of Flaxen Textiles Private Limited
Flaxen Textiles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Misaal Asit Parikh Also directs: M N Monofilaments LLP, Citadel Textiles Private Limited | Director | 14 Feb 2018 | 8 Years 8 Months | Current |
| Tejal Haresbhai Patel Also directs: Citadel Textiles Private Limited, T. H. Textiles Private Limited | Additional Director | 16 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
Flaxen Textiles Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vama Fabrics Limited | ₹56.09 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| BDB Exim Private Limited | ₹55.98 Cr (FY 2025) | 25.0% | Kolkata, West Bengal, India | |||
| Flaxen Textiles Private Limitedthis company | ₹55.97 Cr (FY 2025) | ₹28.43 Lakh | 0.5% | -38.0% | Ahmedabad, Gujarat, India | |
| Uday Yarn Twisters Pvt Ltd | ₹55.93 Cr (FY 2024) | 579.0% | Surat, Gujarat, India | |||
| Shape of You Private Limited | ₹55.87 Cr (FY 2025) | 26.0% | Ahmedabad, Gujarat, India | |||
| Ram Shyam Iron Private Limited | ₹55.87 Cr (FY 2025) | 199.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Flaxen Textiles Private Limited, buy the company report.
Auditor
Flaxen Textiles Private Limited is audited by RAJIV SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJIV SHAH & ASSOCIATES | FY 2023 | 108454W |
Shareholding
The shareholding of Flaxen Textiles Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Flaxen Textiles Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Flaxen Textiles Private Limited 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 Flaxen Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Flaxen Textiles has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Citadel Textiles Private Limited | U17100GJ2011PTC093761 |
To see the full group structure of Flaxen Textiles Private Limited, buy the company report.
GST
Flaxen Textiles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG3325P1ZH | Gujarat | Active | 27 Dec 2018 |
To see the full GST registrations and return filing status of Flaxen Textiles Private Limited, buy the company report.
Recent activity
Flaxen Textiles Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Anchal Tulsyan ceased to be Director on 16 Oct 2024.
Frequently asked questions
Flaxen Textiles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 July 2011 (15+ years old) and is registered under CIN U17100GJ2011PTC097430.
Flaxen Textiles has 2 current directors:
- Misaal Asit Parikh - Director
- Tejal Haresbhai Patel - Additional Director
The latest financial statements of Flaxen Textiles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Flaxen Textiles is 24AAECG3325P1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Flaxen Textiles is U17100GJ2011PTC097430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Flaxen Textiles was incorporated on 14 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Flaxen Textiles by revenue are Vama Fabrics Limited, BDB Exim Private Limited, Uday Yarn Twisters Pvt Ltd, Shape of You Private Limited, Ram Shyam Iron Private Limited, all in the Consumer Products industry (Textile Retail and Distribution, Textiles), with the same principal business activity (wholesale trading).
Anchal Tulsyan ceased to be Director on 16 Oct 2024. Tejal Haresbhai Patel was appointed as Additional Director on 16 Oct 2024. Arun Kumar Singh ceased to be Director on 19 Feb 2018. Flaxen Textiles has 5 board changes on record in total.
The registered office of Flaxen Textiles is at Godown No. B 20 D K Wear House, Piplaj Road, Ahmedabad, Gujarat, India – 382405.
Flaxen Textiles operates in the manufacturing industry, in the textile and fabric production segment.
The compliance status of Flaxen Textiles is compliant as of 17 July 2026. The company is actively filing with the Registrar of Companies.