India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,374 Basantkumar Mohota ₹1,600 Cr
Revenue · FY 2025
₹1,810.23 Cr
▲ 13% YoY
Net profit · FY 2025
₹52.53 Cr
Net margin 2.9%
EBITDA · FY 2025
₹193.91 Cr
EBITDA margin 10.7%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹11.25 Cr
Issued & subscribed
Open charges
₹798.06 Cr
Satisfied ₹1,185.04 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
3,138
Provident fund records
About Gimatex Industries Private Limited
Data last updated:
Gimatex Industries Private Limited is a private limited company based in Hinganghat, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 July 1994 and has been in existence for over 32 years.
Its director Basantkumar Mohota is #1,374 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U17120MH1994PTC079863. Its GSTIN is 27AAACV5657K1ZV (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.25 Cr. It is led by directors including Prashantkumar Basantkumar Mohota (Managing Director) and Vineetkumar Basantkumar Mohota.
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 Ram Mandir Ward, Hinganghat, Maharashtra, India – 442301.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,810.23 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹52.53 Cr (net margin 2.9%) and EBITDA of ₹193.91 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 12% over five years.
The company has about 3,138 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Gimatex Industries Pvt Ltd, Minus One Lifestyle and Gimatex Industries. As per MCA filings, the company has open charges of ₹798.06 Cr and satisfied charges of ₹1,185.04 Cr on record. Court records list 427 cases involving the company, including 356 filed by the company and 71 filed against it; 102 cases are pending. The company has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹21.25 Cr; the latest was in October 2023. Its 9 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is Orient Craft Limited with revenue of ₹2,045.2 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 gimatex.co.in.
Company details
CIN U17120MH1994PTC079863
Registration Number 079863
Incorporation Date 26 July 1994
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Prashantkumar Basantkumar Mohota Managing Director Vineetkumar Basantkumar Mohota Director Basantkumar Girdhardas Mohota Director Recognitions & Rankings of Gimatex Industries
Contact details
Gimatex Industries Private Limited's registered office is in Hinganghat, Maharashtra. Its website is gimatex.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressRam Mandir Ward, Hinganghat, Maharashtra, India – 442301
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gimatex Industries Private Limited, buy the company report.
Comprehensive company report
Gimatex Industries 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
Gimatex Industries operates multiple associated brands including Gimatex Industries Pvt Ltd, Minus One Lifestyle, and Gimatex Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies cotton plant products | gimatexindpvtltd.com | |
| Online retailer offering men's chinos, shorts, and cargos for everyday wear. | minus1lifestyle.com | |
| Gimatex Industries is engaged in integrated textile manufacturing. | gimatex.co.in |
Business activity
The main business activity of Gimatex Industries 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 Gimatex Industries Private Limited, buy the company report.
Financials of Gimatex Industries Private Limited
FY 2025 filings availableGimatex Industries Private Limited reported revenue of ₹1,810.23 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹1,810.23 Cr ▲ 13%
Net profit · FY 2025
₹52.53 Cr margin 2.9%
EBITDA · FY 2025
₹193.91 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 3%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 7%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 13% growth in the latest year. EBITDA rose 22% 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 | |||||
| Total Revenue | ₹1,810.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹193.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹52.53 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 Gimatex Industries Private Limited, buy the company report.
Board of directors of Gimatex Industries Private Limited
Gimatex Industries has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vineetkumar Basantkumar Mohota | Director | 14 Aug 2000 | 26 Years 2 Months | Current |
| Basantkumar Girdhardas Mohota | Director | 22 Jul 2005 | 21 Years 3 Months | Current |
| Rameshchand Hansrajji Gandhi | Director | 06 Feb 2006 | 20 Years 8 Months | Current |
| Anuragkumar Basantkumar Mohota | Director | 31 Jan 2012 | 14 Years 8 Months | Current |
| Prashantkumar Basantkumar Mohota | Managing Director | 06 Feb 2006 | 20 Years 8 Months | Current |
| Goutam Kumar Dhang | Additional Director | 02 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Gimatex Industries Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Orient Craft Limited | ₹2,045.2 Cr (FY 2020) | -8.0% | Gurgaon, Haryana, India | |||
| Century Enka Limited | ₹2,039.01 Cr (FY 2025) | 15.0% | Pune, Maharashtra, India | |||
| Shree Durga Syntex Private Limited | ₹2,038.27 Cr (FY 2025) | 14.0% | Surat, Gujarat, India | |||
| Space Textiles Private Limited | ₹2,001.36 Cr (FY 2024) | 12.0% | Coimbatore, Tamil Nadu, India | |||
| Beekaylon Synthetics Private Limited | ₹1,868.62 Cr (FY 2025) | 13.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Gimatex Industries Private Limitedthis company | ₹1,810.23 Cr (FY 2025) | ₹52.53 Cr | 2.9% | 13.0% | 3,138 | Hinganghat, Maharashtra, India |
| Garg Acrylics Limited | ₹1,755.95 Cr (FY 2025) | 9.0% | Delhi, India | |||
| Madura Industrial Textiles Limited | ₹1,751.4 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Sagar Manufacturers Private Limited | ₹1,739.62 Cr (FY 2025) | 19.0% | Bhopal, Madhya Pradesh, India | |||
| Best Corporation Private Limited | ₹1,718.35 Cr (FY 2025) | 19.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Gimatex Industries Private Limited, buy the company report.
Auditor
Gimatex Industries Private Limited is audited by TAPDIYA CHANDNA BHUTADA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TAPDIYA CHANDNA BHUTADA & CO. | FY 2023 | 115239W |
Shareholding
The shareholding of Gimatex Industries 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 Gimatex Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹798.06 Cr
Satisfied charges
₹1,185.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2026 | 101362974 | Indian Bank | ₹15.8 Lakh | Open | |
| 05 Jun 2026 | 101308273 | Indian Bank | ₹16.25 Lakh | Open | |
| 05 Jun 2026 | 101308275 | Indian Bank | ₹16.25 Lakh | Open | |
| 30 Oct 2025 | 101191758 | Indian Bank | ₹22.5 Lakh | Open | |
| 22 Aug 2025 | 101151062 | Indian Bank | ₹25.3 Lakh | Open |
To see the full charge records of Gimatex Industries Private Limited, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Gimatex Industries Private Limited has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹21.25 Cr; the latest was in October 2023.
Total deals
13
Secondary share transfers
9
Funding rounds
4
Disclosed funding
₹21.25 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Jun 2013 | Funding round | ₹5.5 Cr | Investors: Gima Cotex Industries Private Limited , Gima Manufacturing Private Limited , Girdhar Mohota HUF |
| Dec 2010 | Funding round | ₹5.01 Cr | Investors: Gima Cotex Industries Private Limited , Basant Kumar Mohota(HUF), 2 individuals |
| Mar 2009 | Funding round | ₹4.78 Cr | Investors: Gima Cotex Industries Private Limited , Burlington Properties Pvt.Ltd. , Ellechant Securities Pvt Ltd |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Gima Cotex Industries Private Limited , Ellechant Securities Pvt Ltd , 2 individuals Seller: Others Gimatex Industries Private Limited, 3 individuals |
To see the full deal history of Gimatex Industries Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gimatex Industries Private Limited has 427 court cases on record: 356 filed by Gimatex Industries, 71 filed against it. 102 cases are pending and 325 are disposed.
Total cases
427
Filed by the company
356
Filed against the company
71
Pending
102
Disposed
325
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 364 | 50 | 80 |
| High courts | 52 | 18 | 16 |
| NCLAT | 6 | 2 | 2 |
| Supreme Court | 3 | 1 | 3 |
| NCLT | 2 | 0 | 1 |
Cases on record (5 of 427)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Wardha, Maharashtra | Civil suit | Filed by the company against Bang Overseas Ltd Through Its Director Brijgopal Balram Bang | Pending |
| District court, Wardha, Maharashtra | Court case (R.C.A.) | Filed against the company by Corporate Fashion Pvt Ltd Director Prateek Arvind Sharma | Pending |
| Supreme Court | Appeal | Filed by the company against Bank of Baroda | Pending |
| District court, Wardha, Maharashtra | Court case (M.J.Cases) | Filed by the company against Balaji Control and Automation India Pvt Ltd Through Its Director Amruta Vijay Thakre and 2 others | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Bank of Baroda | Disposed |
To see the full case history of Gimatex Industries 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 Gimatex Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gimatex Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Gimatex Industries Private Limited has a workforce of 3,138 employees on its EPFO records as of Mar 24, 2024, across 4 active EPFO establishments.
Employee count
3,138
Active EPFO establishments
4
Employee growth
-3.15%
GST
Gimatex Industries has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV5657K1ZV | Maharashtra | Active | 01 Jul 2017 |
| 27AAACV5657K2ZU | Maharashtra | Active | 26 Dec 2019 |
| 24AAACV5657K1Z1 | Gujarat | Active | 01 Jul 2017 |
| 29AAACV5657K1ZR | Karnataka | Active | 05 Sep 2021 |
To see the full GST registrations and return filing status of Gimatex Industries Private Limited, buy the company report.
Recent activity
Gimatex Industries Private Limited has 8 board changes on record since 2000: 7 appointments and 1 cessation. The latest: Brajratan Harikisan Bhattad ceased to be Director on 23 Jun 2022.
Charges
A charge with Indian Bank amounted to Rs. 0.16 Cr with Charge ID 101362974 was registered on 31 Jul 2026.
Charges
A charge registered on 05 Feb 2025 via Charge ID 101086356 with Others was fully satisfied on 29 Jun 2026.
Charges
A charge with Indian Bank amounted to Rs. 0.16 Cr with Charge ID 101308273 was registered on 05 Jun 2026.
Charges
A charge with Indian Bank amounted to Rs. 0.16 Cr with Charge ID 101308275 was registered on 05 Jun 2026.
Charges
A charge registered on 14 Jun 2006 via Charge ID 10008668 with Others was fully satisfied on 18 May 2026.
Charges
A charge with Others of Rs. 683.27 Cr registered on 14 Jun 2006 with Charge ID 10008669 was modified on 13 May 2026.
Charges
A charge registered on 21 Apr 2023 via Charge ID 100715340 with Others was fully satisfied on 28 Apr 2026.
Charges
A charge registered on 21 Apr 2023 via Charge ID 100715344 with Others was fully satisfied on 28 Apr 2026.
Charges
A charge registered on 04 Apr 2018 via Charge ID 100171628 with Hdfc Bank Limited was fully satisfied on 18 Nov 2025.
Charges
A charge with Indian Bank amounted to Rs. 0.23 Cr with Charge ID 101191758 was registered on 30 Oct 2025.
AGM
Gimatex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 0.25 Cr with Charge ID 101151062 was registered on 22 Aug 2025.
92 earlier events are in the company report.
Frequently asked questions
Gimatex Industries is an active private limited company based in Hinganghat, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 July 1994 (32+ years old) and is registered under CIN U17120MH1994PTC079863.
Gimatex Industries has 6 current directors:
- Prashantkumar Basantkumar Mohota - Managing Director
- Vineetkumar Basantkumar Mohota - Director
- Basantkumar Girdhardas Mohota - Director
- Rameshchand Hansrajji Gandhi - Director
- Anuragkumar Basantkumar Mohota - Director
- Goutam Kumar Dhang - Additional Director
The latest financial statements of Gimatex Industries 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 Gimatex Industries is 27AAACV5657K1ZV, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACV5657K2ZU (Maharashtra), 24AAACV5657K1Z1 (Gujarat), 29AAACV5657K1ZR (Karnataka).
The CIN (Corporate Identification Number) of Gimatex Industries is U17120MH1994PTC079863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gimatex Industries has 427 court cases on record: 356 filed by the company and 71 filed against it. 102 are pending. Most are in the district courts.
Gimatex Industries was incorporated on 26 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Nagpur.
Gimatex Industries has 13 deals on record (9 secondary share transfers, 4 funding rounds), with disclosed funding of ₹21.25 Cr; the latest was in October 2023.
The peers of Gimatex Industries by revenue are Orient Craft Limited, Century Enka Limited, Shree Durga Syntex Private Limited, Space Textiles Private Limited, Beekaylon Synthetics Private Limited and 4 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Brajratan Harikisan Bhattad ceased to be Director on 23 Jun 2022. Goutam Kumar Dhang was appointed as Additional Director on 02 May 2022. Anuragkumar Basantkumar Mohota was appointed as Director on 31 Jan 2012. Gimatex Industries has 8 board changes on record in total.
Gimatex Industries can be reached through the website gimatex.co.in. Its registered office is in Hinganghat, Maharashtra, India.
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