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French Crown Private Limited - fashion and textile in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹57.65 Cr
▲ 31% YoY
Net loss · FY 2024
₹4.29 Cr
Net margin -7.4%
EBITDA · FY 2024
-₹3.69 Cr
EBITDA margin -6.4%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹2.35 Cr
Satisfied ₹2.49 Cr
Company age
5 yrs
Est. 2021
Employees · EPFO
95
Provident fund records
About French Crown Private Limited
Data last updated:
French Crown Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 26 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2021PTC125125. Its GSTIN is 24AAECF6978K1Z3 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2 Cr. It is led by directors Ilesh Bhikhabhai Ghevariya and Bhavdipkumar Bhikhabhai Ghevariya.
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 Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹57.65 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹4.29 Cr (net margin -7.4%) and EBITDA of -₹3.69 Cr (EBITDA margin -6.4%).
The company has about 95 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: French Crown. As per MCA filings, the company has open charges of ₹2.35 Cr and satisfied charges of ₹2.49 Cr on record. Court records list 18 cases involving the company, including 1 filed by the company and 17 filed against it; 3 cases are pending. The company has 3 deals on record (2 rights issues, 1 debt financing), with disclosed funding of ₹1 Cr; the latest was in January 2024. Its 5 peer companies in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 3 smaller; the largest is Moustache Industries Private Limited with revenue of ₹61.89 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frenchcrown.in.
Company details
CIN U18101GJ2021PTC125125
Registration Number 125125
Incorporation Date 26 August 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of French Crown
Contact details
French Crown Private Limited's registered office is in Surat, Gujarat. Its website is frenchcrown.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3001 – 3002 Rrtm, Phase B Passage 2/2 Saroli Village Taluka Chorasi, Surat, Gujarat, India – 395002
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of French Crown Private Limited, buy the company report.
Comprehensive company report
French Crown 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
French Crown operates one associated brand: French Crown. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Internet first brand offering casual wear for men and women | frenchcrown.in |
Business activity
The main business activity of French Crown 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 French Crown Private Limited, buy the company report.
Financials of French Crown Private Limited
FY 2025 filings availableFrench Crown Private Limited reported revenue of ₹57.65 Cr (up 31% YoY) for FY 2024.
Revenue · FY 2024
₹57.65 Cr ▲ 31%
Net loss · FY 2024
₹4.29 Cr margin -7.4%
EBITDA · FY 2024
-₹3.69 Cr margin -6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
EBITDA CAGR growth
1 year
▼ 371%
Revenue rose 31% in the latest year. EBITDA fell 371% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹3.69 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.29 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -6.4% | ||
| Net Profit Margin | -7.4% | ||
| 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 French Crown Private Limited, buy the company report.
Board of directors of French Crown Private Limited
French Crown has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ilesh Bhikhabhai Ghevariya | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
| Bhavdipkumar Bhikhabhai Ghevariya | Director | 26 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
French Crown 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 |
|---|---|---|---|---|---|---|
| Moustache Industries Private Limited | ₹61.89 Cr (FY 2024) | 53.0% | Kolkata, West Bengal, India | |||
| MCR Textiles Private Limited | ₹60.78 Cr (FY 2024) | -26.0% | Erode, Tamil Nadu, India | |||
| French Crown Private Limitedthis company | ₹57.65 Cr (FY 2024) | -₹4.29 Cr | -7.4% | 31.0% | 95 | Surat, Gujarat, India |
| Kudu Industries Limited | ₹55.23 Cr (FY 2024) | -14.0% | Ludhiana, Punjab, India | |||
| Pranera Services and Solutions Private Limited | ₹52.99 Cr (FY 2024) | 1.0% | Tirupur, Tamil Nadu, India | |||
| Natchi Apparel Private Limited | ₹52.46 Cr (FY 2020) | 111.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of French Crown Private Limited, buy the company report.
Auditor
French Crown Private Limited is audited by Veer & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Veer & Associates | FY 2023 | 139182W |
Shareholding
The shareholding of French Crown Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of French Crown Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.35 Cr
Satisfied charges
₹2.49 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2023 | 100834861 | Others | ₹2 Cr | Satisfied | |
| 17 Nov 2022 | 100662621 | Hdfc Bank Limited | ₹13.78 Lakh | Satisfied | |
| 16 Mar 2022 | 100566025 | Others | ₹35 Lakh | Satisfied |
To see the full charge records of French Crown Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
French Crown Private Limited has 3 deals on record (2 rights issues, 1 debt financing), with disclosed funding of ₹1 Cr; the latest was in January 2024.
Total deals
3
Rights issues
2
Debt financing
1
Disclosed funding
₹1 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Rights issue | ₹1.26 Cr | Investors: 2 individuals |
| Dec 2023 | Debt financing | ₹1 Cr | Investors: Karnation Fund I |
| Mar 2022 | Rights issue | ₹1 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
French Crown Private Limited has 18 court cases on record: 1 filed by French Crown, 17 filed against it. 3 cases are pending and 15 are disposed.
Total cases
18
Filed by the company
1
Filed against the company
17
Pending
3
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 3 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance India P. Ltd. | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Incred Financial Services Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Kisetsu Saison Finance India P. Ltd. | Disposed |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Limited | Disposed |
To see the full case history of French Crown 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 French Crown Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
French Crown Private Limited has a workforce of 95 employees on its EPFO records as of Apr 2024, across 1 active EPFO establishment.
Employee count
95
Active EPFO establishments
1
Employee growth
-67.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2024-25 | 95 |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of French Crown Private Limited, buy the company report.
GST
French Crown has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECF6978K1Z3 | Gujarat | Active | 01 Oct 2021 |
| 24AAECF6978K2Z2 | Gujarat | Active | 03 Jan 2024 |
To see the full GST registrations and return filing status of French Crown Private Limited, buy the company report.
Recent activity
French Crown Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Bhavdipkumar Bhikhabhai Ghevariya was appointed as Director on 26 Aug 2021.
AGM
French Crown Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 12 Dec 2023 via Charge ID 100834861 with Others was fully satisfied on 17 Jul 2025.
Charges
A charge registered on 16 Mar 2022 via Charge ID 100566025 with Others was fully satisfied on 09 Jul 2025.
Charges
A charge registered on 17 Nov 2022 via Charge ID 100662621 with Hdfc Bank Limited was fully satisfied on 22 Apr 2025.
Filing
French Crown Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100834861 was registered on 12 Dec 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100662621 was registered on 17 Nov 2022.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 100566025 was registered on 16 Mar 2022.
Appointed
Bhavdipkumar Bhikhabhai Ghevariya was appointed as Director.
Appointed
Ilesh Bhikhabhai Ghevariya was appointed as Director.
Incorporation
26 Aug 2021
French Crown Private Limited was registered on 26 Aug 2021 with Roc Ahmedabad & aged 5 years 2 months as per MCA records.
Frequently asked questions
French Crown is an active private limited company based in Surat, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 26 August 2021 (5+ years old) and is registered under CIN U18101GJ2021PTC125125.
French Crown has 2 current directors:
- Ilesh Bhikhabhai Ghevariya - Director
- Bhavdipkumar Bhikhabhai Ghevariya - Director
The latest financial statements of French Crown 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 FY 2022 are in the company report.
The GSTIN of French Crown is 24AAECF6978K1Z3, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAECF6978K2Z2 (Gujarat).
The CIN (Corporate Identification Number) of French Crown is U18101GJ2021PTC125125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
French Crown has 18 court cases on record: 1 filed by the company and 17 filed against it. 3 are pending. Most are in the district courts.
French Crown was incorporated on 26 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
French Crown has 3 deals on record (2 rights issues, 1 debt financing), with disclosed funding of ₹1 Cr; the latest was in January 2024.
The peers of French Crown by revenue are Moustache Industries Private Limited, MCR Textiles Private Limited, Kudu Industries Limited, Pranera Services and Solutions Private Limited, Natchi Apparel Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Bhavdipkumar Bhikhabhai Ghevariya was appointed as Director on 26 Aug 2021. Ilesh Bhikhabhai Ghevariya was appointed as Director on 26 Aug 2021.
Yes, French Crown is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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