About Forever Fashions Private Limited
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Forever Fashions Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 04 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18101PB1994PTC014392. Its GSTIN is 03AAACF2562R1ZH (Punjab).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹23.4 Lakh. It is led by directors including Harjot Singh (Managing Director) and Inder Pal Singh.
Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.72 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹38.48 Lakh (net margin 4.4%) and EBITDA of ₹1.7 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹7.55 Cr and satisfied charges of ₹8.19 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foreverfashions.in.
Company details
Contact details
Forever Fashions Private Limited's registered office is in Ludhiana, Punjab. Its website is foreverfashions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressHb No – 89st No – 6, Village Bhattian, Ludhiana, Punjab, India – 141008
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Forever Fashions 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 Forever Fashions 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 Forever Fashions Private Limited, buy the company report.
Financials of Forever Fashions Private Limited
FY 2025 filings availableForever Fashions Private Limited reported revenue of ₹8.72 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 47% 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 | ₹1.7 Cr | ||||
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| Net Profit (PAT) | ₹38.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Forever Fashions Private Limited, buy the company report.
Board of directors of Forever Fashions Private Limited
Forever Fashions has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjot Singh | Managing Director | 26 Feb 2008 | 18 Years 8 Months | Current |
| Inder Pal Singh | Director | 04 Apr 1994 | 32 Years 7 Months | Current |
| Mandeep Kaur | Director | 09 Nov 2010 | 16 Years 0 Months | Current |
| Gurvinder Kaur | Director | 01 Jan 2003 | 23 Years 10 Months | Current |
| Ravinder Singh | Director | 04 Apr 1994 | 32 Years 7 Months | Current |
Peer comparison
Forever Fashions Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Ayaan Apparels Private Limited | ₹9.48 Cr (FY 2024) | 2.0% | Noida, Uttar Pradesh, India | |||
| Poplay Knitfab Pvt Ltd | ₹9.41 Cr (FY 2025) | 10.0% | Punjab, India | |||
| Forever Fashions Private Limitedthis company | ₹8.72 Cr (FY 2025) | ₹38.48 Lakh | 4.4% | -14.0% | Ludhiana, Punjab, India | |
| New Age Apparels Private Limited | ₹8.65 Cr (FY 2017) | -5.0% | New Delhi, Delhi, India | |||
| Suneet Varma Design Private Limited | ₹8.64 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Viharsh Exporters India Private Limited | ₹8.58 Cr (FY 2017) | Delhi, India |
To see the full peer comparison of Forever Fashions Private Limited, buy the company report.
Auditor
Forever Fashions Private Limited is audited by KAPOOR RAJESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPOOR RAJESH & ASSOCIATES | FY 2023 | 015350N |
Shareholding
The shareholding of Forever Fashions 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 Forever Fashions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2023 | 100747764 | Hdfc Bank Limited | ₹7.13 Cr | Open | |
| 26 Oct 2021 | 100501448 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 30 Oct 1998 | 90177949 | Indian Overseas Bank | ₹10 Lakh | Open | |
| 30 Oct 1998 | 90180059 | Indian Overseas Bank | ₹16 Lakh | Open | |
| 03 Sep 1994 | 90177517 | Indian Overseas Bank | ₹2 Lakh | Open |
To see the full charge records of Forever Fashions Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
No court or tribunal cases involving Forever Fashions 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 Forever Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forever Fashions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACF2562R1ZH | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forever Fashions Private Limited, buy the company report.
Recent activity
Forever Fashions Private Limited has 6 board changes on record since 1994: 5 appointments and 1 cessation. The latest: Harjot Singh ceased to be Director on 01 Apr 2021.
23 earlier events are in the company report.
Frequently asked questions
Forever Fashions is an active private limited company based in Ludhiana, Punjab, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 04 April 1994 (32+ years old) and is registered under CIN U18101PB1994PTC014392.
Forever Fashions has 5 current directors:
- Harjot Singh - Managing Director
- Inder Pal Singh - Director
- Mandeep Kaur - Director
- Gurvinder Kaur - Director
- Ravinder Singh - Director
The latest financial statements of Forever Fashions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Forever Fashions is 03AAACF2562R1ZH, registered in Punjab.
The CIN (Corporate Identification Number) of Forever Fashions is U18101PB1994PTC014392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forever Fashions was incorporated on 04 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Forever Fashions by revenue are Ayaan Apparels Private Limited, Poplay Knitfab Pvt Ltd, New Age Apparels Private Limited, Suneet Varma Design Private Limited, Viharsh Exporters India Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Harjot Singh ceased to be Director on 01 Apr 2021. Mandeep Kaur was appointed as Director on 09 Nov 2010. Harjot Singh was appointed as Managing Director on 26 Feb 2008. Forever Fashions has 6 board changes on record in total.
Forever Fashions can be reached through the website foreverfashions.in. Its registered office is in Ludhiana, Punjab, India.
The registered office of Forever Fashions is at Hb No – 89st No – 6, Village Bhattian, Ludhiana, Punjab, India – 141008.
Forever Fashions operates in the fashion and textile industry, in the designer and branded fashion segment.
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