MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0000650
Gini & Jony Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹81.56 Cr
▲ 13% YoY
Net profit · FY 2023
₹3.91 Cr
Net margin 4.8%
EBITDA · FY 2023
₹8.68 Cr
EBITDA margin 10.6%
Authorised capital
₹28.5 Cr
Registered with MCA
Paid-up capital
₹22.55 Cr
Issued & subscribed
Open charges
₹61.6 Cr
Satisfied ₹490.38 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
45
Provident fund records
About Gini & Jony Limited
Data last updated:
Gini & Jony Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 11 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1994PLC082837. Its GSTIN is 06AAACG1295N1ZE (Haryana). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹28.5 Cr and a paid-up capital of ₹22.55 Cr. It was formerly known as Gini and Jony Apparel Private Limited and Gini & Jony Private Limited. It is led by directors including Prakash Harichand Lakhani (Managing Director) and Jaikishan Harichand Lakhani (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹81.56 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.91 Cr (net margin 4.8%) and EBITDA of ₹8.68 Cr (EBITDA margin 10.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 18% over five years.
The company has about 45 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Gini & Jony. As per MCA filings, the company has open charges of ₹61.6 Cr and satisfied charges of ₹490.38 Cr on record. Court records list 194 cases involving the company, including 63 filed by the company and 131 filed against it; 27 cases are pending. The company has 42 deals on record (31 secondary share transfers, 8 funding rounds, 2 rights issues), with disclosed funding of ₹106.56 Cr; the latest was in June 2023. Its 7 peer companies in the Consumer Products industry (Footwear Manufacturers, Lifestyle and Accessories Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 2 smaller; the largest is Vinit Fabrics Private Limited with revenue of ₹81.72 Cr. The company has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 18 overdue payments to 15 micro and small suppliers.
Gini & Jony Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0000650). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website giniandjony.com.
Company details
CIN U18101MH1994PLC082837
Registration Number 082837
Incorporation Date 11 November 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0000650
Name history
Gini & Jony has undergone 2 name changes throughout its history. The company was previously known as Gini And Jony Apparel Private Limited, and Gini & Jony Private Limited. The current legal name is Gini & Jony Limited.
| Company Name | Status |
|---|---|
| Gini & Jony Limited | Current |
| Gini And Jony Apparel Private Limited | Previous |
| Gini & Jony Private Limited | Previous |
CIN history
Gini & Jony has one previous CIN (Corporate Identification Number): U18101MH1994PTC082837. The current CIN is U18101MH1994PLC082837, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101MH1994PLC082837 | Current |
| U18101MH1994PTC082837 | Previous |
Key People
Prakash Harichand Lakhani Managing Director Jaikishan Harichand Lakhani Whole-Time Director Manoj Mohan Savant Additional Director Recognitions & Rankings of Gini & Jony
Contact details
Gini & Jony Limited's registered office is in Mumbai, Maharashtra. Its website is giniandjony.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 117 Arihant Industrial Prem Co Op So, Off Saki Vihar Road Andheri (East) Saki Kranti Nagar, Mumbai, Maharashtra, India – 400072
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Gini & Jony Limited, buy the company report.
Comprehensive company report
Gini & Jony 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Gini & Jony operates one associated brand: Gini & Jony. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A leading kids wear brand established since 1980. | giniandjony.com |
Business activity
The main business activity of Gini & Jony 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 Gini & Jony Limited, buy the company report.
Financials of Gini & Jony Limited
FY 2023 filings availableGini & Jony Limited reported revenue of ₹81.56 Cr (up 13% YoY) for FY 2023.
Revenue · FY 2023
₹81.56 Cr ▲ 13%
Net profit · FY 2023
₹3.91 Cr margin 4.8%
EBITDA · FY 2023
₹8.68 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 19%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 32%
5 years · compounded
▼ 14%
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 97% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹8.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.91 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.6% | ||||
| Net Profit Margin | 4.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Gini & Jony Limited, buy the company report.
Board of directors of Gini & Jony Limited
Gini & Jony has 3 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Harichand Lakhani | Managing Director | 11 Nov 1994 | 31 Years 11 Months | Current |
| Jaikishan Harichand Lakhani | Whole-Time Director | 11 Nov 1994 | 31 Years 11 Months | Current |
| Manoj Mohan Savant | Additional Director | 04 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Gini & Jony Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers, Lifestyle and Accessories Manufacturers, 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 |
|---|---|---|---|---|---|---|
| Vinit Fabrics Private Limited | ₹81.72 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Pankaj Fashions Private Limited | ₹81.71 Cr (FY 2025) | 4.0% | Palsana, Gujarat, India | |||
| Durga Fabrics Private Limited | ₹81.66 Cr (FY 2025) | 22.0% | Noida, Uttar Pradesh, India | |||
| Krishna Art Silk Cloths Private Limited | ₹81.66 Cr (FY 2025) | 11.0% | Surat, Gujarat, India | |||
| Abycons Woolens Private Limited | ₹81.59 Cr (FY 2025) | 85.0% | New Delhi, Delhi, India | |||
| Gini & Jony Limitedthis company | ₹81.56 Cr (FY 2023) | ₹3.91 Cr | 4.8% | 13.0% | 45 | Mumbai, Maharashtra, India |
| Ashwinram Spinning Mills Private Limited | ₹81.39 Cr (FY 2025) | -5.0% | Coimbatore, Tamil Nadu, India | |||
| Kudu Knit Process Private Limited | ₹81.3 Cr (FY 2025) | 4.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Gini & Jony Limited, buy the company report.
Auditor
Gini & Jony Limited is audited by SHAH & TAPARIA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH & TAPARIA | FY 2023 | 109463W |
Shareholding
The shareholding of Gini & Jony 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 Gini & Jony Limited, buy the company report.
Charges & borrowings
Open charges
₹61.6 Cr
Satisfied charges
₹490.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2016 | 100058150 | Idbi Trusteeship Services Limited | ₹30.8 Cr | Open | |
| 16 Jul 2015 | 10580801 | Idbi Trusteeship Services Limited | ₹30.8 Cr | Open | |
| 16 Jul 2015 | 10580814 | Idbi Trusteeship Services Limited | ₹5 Cr | Satisfied | |
| 16 Jul 2015 | 10582012 | Idbi Trusteeship Services Limited | ₹27.5 Cr | Satisfied | |
| 30 Jun 2009 | 10165961 | Punjab National Bank | ₹3 Cr | Satisfied |
To see the full charge records of Gini & Jony Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Gini & Jony Limited has 42 deals on record (31 secondary share transfers, 8 funding rounds, 2 rights issues), with disclosed funding of ₹106.56 Cr; the latest was in June 2023.
Total deals
42
Secondary share transfers
31
Funding rounds
8
Rights issues
2
Debt financing
1
Disclosed funding
₹106.56 Cr
Deals on record (5 of 42)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Akashdeep International Private Limited , Bhagwan Enterprises Texttiles Private Limited, Rajendra Madanlal Gupta HUF Seller: Qube Realtors Private Limited , Arj Builders Private Limited , Chartered Finance & Leasing Ltd. |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Akashdeep International Private Limited Seller: W Spaces Private Limited |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Allied Rainbow Asia Steel Private Limited , Akashdeep International Private Limited Seller: Prism Scan Express Private Limited , Future Corporate Care Private Limited |
| Aug 2018 | Funding round | ₹2 Cr | Investors: Akashdeep International Private Limited |
| Jul 2018 | Funding round | ₹30.2 Cr | Investors: Reform Trading Company Private Limited , Prism Scan Express Private Limited , Achyuta Miners Private Limited |
To see the full deal history of Gini & Jony 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
Gini & Jony Limited has 194 court cases on record: 63 filed by Gini & Jony, 131 filed against it. 27 cases are pending and 167 are disposed.
Total cases
194
Filed by the company
63
Filed against the company
131
Pending
27
Disposed
167
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 151 | 111 | 26 |
| High courts | 35 | 14 | 1 |
| NCLT | 3 | 3 | 0 |
| NCLAT | 3 | 3 | 0 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 194)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by KSL and Industries Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Clothing Culture Pvt Ltd Through Vipul Pithadia | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Frontline Retail India Pvt Ltd and 2 others | Pending |
| District court, West, Delhi | Commercial suit | Filed against the company by Kohinoor Ribbon Factory Private Limited | Disposed |
| High Court | Court case (CARAP) | Filed by the company against Geniemode Global Private Limited | Disposed |
To see the full case history of Gini & Jony 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
Gini & Jony Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 18 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| I M Trim Resources Private Limited | |||
| R D Industries | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gini & Jony Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Gini & Jony has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| G & J Garment Processors Private Limited | U51909MH2003PTC143076 | |
| GJ Freedom Fashions Limited | U52190MH2006PLC160377 |
To see the full group structure of Gini & Jony Limited, buy the company report.
Employees & EPFO
Gini & Jony Limited has a workforce of 45 employees on its EPFO records as of Apr 08, 2024, across 3 active EPFO establishments.
Employee count
45
Active EPFO establishments
3
Employee growth
-10%
GST
Gini & Jony has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
9
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACG1295N1ZE | Haryana | Active | 01 Jul 2017 |
| 19AAACG1295N1Z7 | West Bengal | Active | 01 Jul 2017 |
| 20AAACG1295N1ZO | Jharkhand | Active | 01 Jul 2017 |
| 23AAACG1295N1ZI | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gini & Jony Limited, buy the company report.
Recent activity
Gini & Jony Limited has 47 board changes on record since 1994: 25 appointments and 22 cessations. The latest: Darshita Shah ceased to be Company Secretary on 15 Apr 2024.
Ceased
Darshita Shah ceased to be Company Secretary.
Appointed
Manoj Mohan Savant was appointed as Additional Director.
Ceased
Rahul Mehta Narendra ceased to be Director.
Ceased
Prem Ranjan ceased to be CEO.
AGM
Gini & Jony Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Appointed
Darshita Shah was appointed as Company Secretary.
Ceased
Anil Harichand Lakhani ceased to be Director.
Appointed
Prem Ranjan was appointed as CEO.
Filing
Gini & Jony Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Ceased
Vikas Kumar Ghuwalewala ceased to be Director.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 30.80 Cr registered on 07 Oct 2016 with Charge ID 100058150 was modified on 18 Dec 2020.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 30.80 Cr registered on 16 Jul 2015 with Charge ID 10580801 was modified on 18 Dec 2020.
103 earlier events are in the company report.
Frequently asked questions
Gini & Jony is an active public limited company based in Mumbai, Maharashtra, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 11 November 1994 (32+ years old) and is registered under CIN U18101MH1994PLC082837.
Gini & Jony has 3 current directors:
- Prakash Harichand Lakhani - Managing Director
- Jaikishan Harichand Lakhani - Whole-Time Director
- Manoj Mohan Savant - Additional Director
The latest financial statements of Gini & Jony on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Gini & Jony is 06AAACG1295N1ZE, registered in Haryana. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 19AAACG1295N1Z7 (West Bengal), 20AAACG1295N1ZO (Jharkhand), 23AAACG1295N1ZI (Madhya Pradesh).
The CIN (Corporate Identification Number) of Gini & Jony is U18101MH1994PLC082837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gini & Jony has 194 court cases on record: 63 filed by the company and 131 filed against it. 27 are pending. Most are in the district courts.
Gini & Jony was incorporated on 11 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Gini & Jony has 42 deals on record (31 secondary share transfers, 8 funding rounds, 2 rights issues), with disclosed funding of ₹106.56 Cr; the latest was in June 2023.
The peers of Gini & Jony by revenue are Vinit Fabrics Private Limited, Pankaj Fashions Private Limited, Durga Fabrics Private Limited, Krishna Art Silk Cloths Private Limited, Abycons Woolens Private Limited and 2 more, all in the Consumer Products industry (Footwear Manufacturers, Lifestyle and Accessories Manufacturers, Textiles), with the same principal business activity (textile, leather and other apparel products).
Darshita Shah ceased to be Company Secretary on 15 Apr 2024. Manoj Mohan Savant was appointed as Additional Director on 04 Apr 2024. Rahul Mehta Narendra ceased to be Director on 04 Apr 2024. Gini & Jony has 47 board changes on record in total.
Yes, Gini & Jony is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0000650).
Gini & Jony has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 18 overdue payments to 15 micro and small suppliers. The latest return was filed on 31 Oct 2019.