About Gartex Insta Apparels Private Limited
Data last updated:
Gartex Insta Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 26 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2004PTC034008. Its GSTIN is 29AACCG9497Q1ZE (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Subramanian Seshadri Ayalur (Managing Director) and Hema Narayana Murthy.
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 Bangalore, Karnataka.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.52 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹3.64 Cr (net margin -144.2%) and EBITDA of -₹3.33 Cr (EBITDA margin -132%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 40% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website gartexinst.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo. 180 6th Main 4th Cross 3rd Phase Peenya Industrial Suburb Near Modern Bre, Ad Factory, Bangalore, Karnataka, India – 560058
- IndustryFashion and Textile, Designer & Branded Fashion
- 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
- One PDF report, delivered after checkout
Business Activity of Gartex Insta Apparels Private Limited
The main business activity of Gartex Insta Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gartex Insta Apparels Private Limited FY 2025 filings available
Gartex Insta Apparels Private Limited reported revenue of ₹2.52 Cr (down 56% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Gartex Insta Apparels Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 56% fall 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 of Gartex Insta Apparels Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹2.52 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹3.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.64 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 of Gartex Insta Apparels Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -132% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -144.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gartex Insta Apparels are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Gartex Insta Apparels Private Limited
Gartex Insta Apparels Private Limited is audited by SREENIVASAN & GOVARDHAN for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SREENIVASAN & GOVARDHAN | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gartex Insta Apparels Private Limited
Gartex Insta Apparels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramanian Parvathy | Additional Director | 24 Dec 2008 | 17 Years 9 Months | Current |
| Subramanian Seshadri Ayalur | Managing Director | 26 May 2004 | 22 Years 4 Months | Current |
| Hema Narayana Murthy | Director | 26 May 2004 | 22 Years 4 Months | Current |
Ownership and Shareholding of Gartex Insta Apparels Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gartex Insta Apparels Private Limited
Gartex Insta Apparels Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Gartex Insta Apparels Private Limited
Gartex Insta Apparels Private Limited has 5 court cases on record: 2 filed by Gartex Insta Apparels, 3 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 2 | 2 | 0 |
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Company appeal | Filed against the company by Erofab Exports Private Limited and 2 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (SPL.C) | Filed against the company by Erofab Exports Private Limited | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against Erofab Exports Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against Erofab Exports Private Limited | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Gartex Insta Apparels Private Limited
Gartex Insta Apparels Private Limited has a workforce of 10 employees as of Apr 02, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gartex Insta Apparels Private Limited
Gartex Insta Apparels Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Rama Sivaswamy ceased to be Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Gartex Insta Apparels Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gartex Insta Apparels Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gartex Insta Apparels Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gartex Insta Apparels Private Limited
Gartex Insta Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCG9497Q1ZE | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gartex Insta Apparels Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gartex Insta Apparels Private Limited
Gartex Insta Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 26 May 2004 (22+ years old) and is registered under CIN U18101KA2004PTC034008.
Gartex Insta Apparels reported revenue of ₹2.52 Cr for FY 2020 (down 56% YoY).
Gartex Insta Apparels has 3 current directors:
- Subramanian Seshadri Ayalur - Managing Director
- Subramanian Parvathy - Additional Director
- Hema Narayana Murthy - Director
Gartex Insta Apparels reported a net loss of ₹3.64 Cr (net margin -144.2%) and EBITDA of -₹3.33 Cr (EBITDA margin -132%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gartex Insta Apparels is -55% over three years and -40% over five years. In the latest year (FY 2020) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gartex Insta Apparels is 29AACCG9497Q1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Gartex Insta Apparels is U18101KA2004PTC034008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gartex Insta Apparels has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the nclat.
Gartex Insta Apparels was incorporated on 26 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Rama Sivaswamy ceased to be Director on 30 Sep 2017. Siva Swamy Rama Murthy ceased to be Director on 30 Sep 2017. Subramanian Parvathy was appointed as Additional Director on 24 Dec 2008. Gartex Insta Apparels has 5 board changes on record in total.