MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-28-0002361
Ginger Fashions Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.69 Cr
▼ 8% YoY
Net profit · FY 2024
₹1.44 Cr
Net margin 14.9%
EBITDA · FY 2024
₹2.11 Cr
EBITDA margin 21.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
30
Provident fund records
About Ginger Fashions Private Limited
Data last updated:
Ginger Fashions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 15 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2004PTC033561. Its GSTIN is 33AACCG1273A1ZC (Tamil Nadu).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shilpa Arvind Karnik and Ashish Shankar Shetty.
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 No.61 Sri Nivassbi Officers Colony Basaveshwarnagar, Bangalore, Karnataka, India – 560079.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.69 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Cr (net margin 14.9%) and EBITDA of ₹2.11 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 32% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Ginger Fashions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0002361). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gingerfashions.com.
Company Details of Ginger Fashions Private Limited
CIN U18101KA2004PTC033561
Registration Number 033561
Incorporation Date 15 March 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-28-0002361
Recognitions & Rankings of Ginger Fashions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.61 Sri Nivassbi Officers Colony Basaveshwarnagar, Bangalore, Karnataka, India – 560079
- IndustryManufacturing, Textile & Fabric Production
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Business Activity of Ginger Fashions Private Limited
The main business activity of Ginger Fashions 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 |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
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Financials of Ginger Fashions Private Limited FY 2025 filings available
Ginger Fashions Private Limited reported revenue of ₹9.69 Cr (down 8% YoY) for FY 2024.
Revenue · FY 2024
₹9.69 Cr ▼ 8%
Net profit · FY 2024
₹1.44 Cr margin 14.9%
EBITDA · FY 2024
₹2.11 Cr margin 21.7%
Compounded Annual Growth Rate (CAGR) of Ginger Fashions Private Limited
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 31%
5 years · compounded
▲ 32%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 269%
5 years · compounded
▲ 66%
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 32%. EBITDA fell 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 of Ginger Fashions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.11 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.44 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 Ginger Fashions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Ginger Fashions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Ginger Fashions Private Limited
Ginger Fashions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpa Arvind Karnik Also directs: Ginger Gourmet Private Limited | Director | 15 Mar 2004 | 22 Years 7 Months | Current |
| Ashish Shankar Shetty Also directs: Ginger Gourmet Private Limited | Director | 15 Mar 2004 | 22 Years 7 Months | Current |
Peer Comparison of Ginger Fashions Private Limited
Ginger Fashions Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DB Clothing India Private Limited | ₹9.72 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Siva Vel Trends India Private Limited | ₹9.71 Cr (FY 2024) | •••• | •••• | 81.0% | •••• | Tirupur, Tamil Nadu, India |
| Shree Radha Madhav Textiles Private Limited | ₹9.71 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Gujarat, India |
| Mehrotra Impex Private Limited | ₹9.7 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Noida, Uttar Pradesh, India |
| Bhagyashri Creations Private Limited | ₹9.69 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Surat, Gujarat, India |
| Ginger Fashions Private Limited this company | ₹9.69 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Bangalore, Karnataka, India |
| Orion Apparel Trims Private Limited | ₹9.69 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | Bangalore, Karnataka, India |
| Canary Poles Private Limited | ₹9.68 Cr (FY 2024) | •••• | •••• | 118327.0% | •••• | Kolkata, West Bengal, India |
| Hari Om Saree Print Private Limited | ₹9.68 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Apmode International Private Limited | ₹9.68 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Jaipur, Rajasthan, India |
| Polypick Threads Private Limited | ₹9.67 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Bhilwara, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Ginger Fashions by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ginger Fashions Private Limited
Ginger Fashions Private Limited is audited by S V R & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S V R & ASSOCIATES | Locked | Locked | Locked |
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Ownership and Shareholding of Ginger Fashions Private Limited
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Charges & Borrowings of Ginger Fashions Private Limited
Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2024 | Axis Bank Limited | ₹4 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Ginger Fashions Private Limited
Ginger Fashions Private Limited has 1 court case on record: 1 filed by Ginger Fashions. All case is disposed. Status as checked on 30 Sep 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed by the company against Union of India | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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 Ginger Fashions Private Limited
Ginger Fashions Private Limited has a workforce of 30 employees as of Apr 08, 2024.
Employee count
30
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Ginger Fashions Private Limited
Ginger Fashions Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Ashish Shankar Shetty was appointed as Director on 15 Mar 2004.
AGM
Ginger Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 400.00 Lakh registered on 19 Jun 2024 with Charge ID 100954997 was modified on 16 Sep 2025.
Filing
Ginger Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 100954997 was registered on 19 Jun 2024.
Appointed
Ashish Shankar Shetty was appointed as Director.
Appointed
Shilpa Arvind Karnik was appointed as Director.
Incorporation
15 Mar 2004
Ginger Fashions Private Limited was registered on 15 Mar 2004 with Roc Bangalore & aged 22 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Ginger Fashions Private Limited
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MSME Payment Delays by Ginger Fashions Private Limited
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Subsidiaries & Group Companies of Ginger Fashions Private Limited
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GST Compliance of Ginger Fashions Private Limited
Ginger Fashions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCG1273A1ZC | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Ginger Fashions Private Limited
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Frequently Asked Questions about Ginger Fashions Private Limited
Ginger Fashions is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 15 March 2004 (22+ years old) and is registered under CIN U18101KA2004PTC033561.
Ginger Fashions reported revenue of ₹9.69 Cr for FY 2024 (down 8% YoY).
Ginger Fashions has 2 current directors:
- Shilpa Arvind Karnik - Director
- Ashish Shankar Shetty - Director
Ginger Fashions reported a net profit of ₹1.44 Cr (net margin 14.9%) and EBITDA of ₹2.11 Cr (EBITDA margin 21.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ginger Fashions is 31% over three years and 32% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ginger Fashions is 33AACCG1273A1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Ginger Fashions is U18101KA2004PTC033561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ginger Fashions has 1 court case on record: 1 filed by the company.
Ginger Fashions was incorporated on 15 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ginger Fashions by revenue are DB Clothing India Private Limited, Siva Vel Trends India Private Limited, Shree Radha Madhav Textiles Private Limited, Mehrotra Impex Private Limited, Bhagyashri Creations Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Ashish Shankar Shetty was appointed as Director on 15 Mar 2004. Shilpa Arvind Karnik was appointed as Director on 15 Mar 2004.