Ginza Industries Ltd. - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U17297MH1986PLC310814 Incorporated 24 July 1986 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company fashion and textile
Data last updated
Revenue · FY 2025
₹370.44 Cr
▲ 16.00% YoY
EBITDA · FY 2025
*****
▼ 33.00% YoY
Net profit · FY 2025
*****
▼ 68.00% YoY
Authorised capital
₹27.5 Cr
Registered with MCA
Paid-up capital
₹8.88 Cr
Issued & subscribed
Open charges
₹291.5 Cr
Satisfied ₹497.27 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
2,494
Latest available

About Ginza Industries Ltd.

Data last updated: 11 March 2026

Ginza Industries Ltd. is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Twistex India Ltd. It specialises in innerwear, a part of the broader fashion and textiles sector. Incorporated on 24 July 1986, the company has been in operation for over 40 years.

Registered with ROC Mumbai under CIN U17297WB1986PLC040991.

Capital: an authorised share capital of ₹27.5 Cr and a paid-up capital of ₹8.88 Cr. Formerly known as Ginza Laces Ltd. It is led by directors including Arvind Kumar Sethia and Suresh Kumar.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 502 Lotus Corporate Park, Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹370.44 Cr, a growth of 16% compared to the previous year.

The company has a workforce of approximately 2,494 employees as per the latest available data. It operates as a subsidiary of Twistex India Ltd.

The company is associated with 2 brands - Soie, Ginza Industries. As per MCA filings, the company has open charges of ₹291.5 Cr and satisfied charges of ₹497.27 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ginzalimited.com.

Company Details of Ginza Industries Ltd.
CIN U17297MH1986PLC310814
Registration Number 310814
Incorporation Date 24 July 1986
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Twistex India Ltd
Compliance Status Active Compliant
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
    **************
  • Registered Address
    A – 501 & 502 Lotus Corporate Park Jay Coach Lane Off Western Express Highway Goregaon(Ea, St), Mumbai, Maharashtra, India – 400063
  • Industry
    Fashion and Textile, Innerwear
Company report
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Financials, compliance, directors, charges, ownership and filings for Ginza Industries Ltd. in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Ginza Industries Ltd.

Ginza Industries Ltd. has one previous CIN (Corporate Identification Number): U17297WB1986PLC040991. The current CIN is U17297MH1986PLC310814, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U17297MH1986PLC310814 Current
U17297WB1986PLC040991 Previous

Associated Brands with Ginza Industries Ltd.

Ginza Industries Ltd. operates two associated brands: Soie and Ginza Industries. These brands represent Ginza Industries Ltd.'s diversified market presence and brand portfolio.

Brand Description Website
Online platform selling bras, panties, activewear, swimwear, and nightwear for women. soie.in
Textile manufacturing and apparel exports for various applications in India. ginzalimited.com

Competitors & Alternatives of Ginza Industries Ltd.

Brands and companies operating in the same space as Ginza Industries Ltd. include Clovia, Zivame, Bummer and 7 more.

Competitor Description Location Founded
Clovia Clovia Innerwear apparel for women is provided via an internet-first brand. Delhi, India, India 2012
Zivame Zivame Women's apparel and innerwear are offered via an online-first platform. Bengaluru, India, India 2011
Bummer Bummer Online platform offering multi-category innerwears and swim suite for both mena nd women Ahmedabad, India, India 2020
Shyaway Shyaway Multi-category women's fashion apparels are offered via an online platform. Chennai, India, India 2015
Sportking Sportking Yarns, fabrics, and garments are manufactured and retailed by Sportking. Ludhiana, India, India 1989
Jaykay Enterprises Jaykay Enterprises Yarn and cotton are manufactured by Jaykay Enterprises in India. Kanpur, India, India 1991
Alok Industries Alok Industries Textiles and related products are manufactured in India. Mumbai, India, India 1986
Pasupati Spinning & Weaving Mills Pasupati Spinning & Weaving Mills Yarns and threads are contract-manufactured for textile and apparel industries. Delhi, India, India 1979
Freecultr Freecultr Internet first brand offering eco-friendly innerwear for men and women Delhi, India, India 2011
Manomay Tex India Manomay Tex India Denim fabrics are contract-manufactured in Bhilwara, India. Bhilwara, India, India 2009

Business Activity of Ginza Industries Ltd.

Ginza Industries Ltd. is engaged in the principal business activity of manufacturing, with detailed activities including 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 *********

Board of Directors of Ginza Industries Ltd.

Ginza Industries Ltd. is currently managed by 8 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Arvind Kumar Sethia Managing Director 22 Jan 2002 24 Years 5 Months Current
Suresh Kumar Director 12 Apr 2021 5 Years 2 Months Current
Ashok Kumar Sethia Managing Director 24 Jul 1986 39 Years 11 Months Current
Rita Ashok Sethia Whole-Time Director 06 Nov 2015 10 Years 8 Months Current
Mayank Bhopal Ranka Additional Director 23 Dec 2024 1 Years 6 Months Current
Laxmipat Banthia Whole-Time Director 06 May 2002 24 Years 2 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Ginza Industries Ltd. FY 2025 filings available

Ginza Industries Ltd. reported revenue of ₹370.44 Cr (up 16% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹370.44 Cr ▲ 16%
Profit
***** ▼ -68%
EBITDA
***** ▼ -33%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
*****
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Ginza Industries Ltd.

Open charges
₹291.5 Cr
Satisfied charges
₹497.27 Cr
Breakdown by lending institutions
Others₹263.41 Cr
State Bank of India₹26.00 Cr
Hdfc Bank Limited₹2.09 Cr
Latest charge details
DateLenderAmountStatus
08 Oct 2025 Others ₹17 Lakh Open
11 Aug 2025 Others ₹19.9 Lakh Open
28 Jan 2025 Others ₹36.93 Cr Open
08 Jan 2025 Hdfc Bank Limited ₹15.47 Lakh Open
19 Nov 2024 Others ₹41 Cr Open

Total charge records: 117 View all charges

Employees and EPFO Compliance at Ginza Industries Ltd.

View historical data on people associated with Ginza Industries Ltd., including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Ginza Industries Ltd.

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Ginza Industries Ltd.

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Ginza Industries Ltd.

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Ginza Industries Ltd.

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Ginza Industries Ltd.

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Ginza Industries Ltd.

MSME Payment Delays by Ginza Industries Ltd.

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Ginza Industries Ltd.

Subsidiaries & Group Companies of Ginza Industries Ltd.

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Ginza Industries Ltd. with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Ginza Industries Ltd.

MCA Filings & Documents of Ginza Industries Ltd.

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Ginza Industries Ltd.

Charges
02 Mar 2026
A charge registered on 30 Mar 2021 via Charge ID 100437397 with Others was fully satisfied on 02 Mar 2026.
Charges
12 Feb 2026
A charge registered on 23 Mar 2023 via Charge ID 100692563 with Others was fully satisfied on 12 Feb 2026.
Charges
12 Feb 2026
A charge registered on 23 Mar 2023 via Charge ID 100692623 with Others was fully satisfied on 12 Feb 2026.
Charges
12 Feb 2026
A charge registered on 23 Mar 2023 via Charge ID 100692634 with Others was fully satisfied on 12 Feb 2026.
Charges
12 Feb 2026
A charge registered on 21 Mar 2023 via Charge ID 100692570 with Others was fully satisfied on 12 Feb 2026.
Charges
12 Feb 2026
A charge registered on 21 Mar 2023 via Charge ID 100696281 with Others was fully satisfied on 12 Feb 2026.

Frequently Asked Questions about Ginza Industries Ltd.

Ginza Industries Ltd. is an active public limited company in the fashion and textile sector based in Mumbai, Maharashtra, India. It was incorporated on 24 July 1986 (40+ years old) and is registered under CIN U17297MH1986PLC310814. The company has 2,494 employees.

Ginza Industries Ltd. reported revenue of ₹370.44 Cr for FY 2025 (up 16.00% YoY).

The current directors of Ginza Industries Ltd. are:

The primary industry of Ginza Industries Ltd. is fashion and textile. The company specifically operates in innerwear. The company is currently active in this sector.

Ginza Industries Ltd. can be reached at the registered office: A – 501 & 502 Lotus Corporate Park Jay Coach Lane Off Western Express Highway GoregaonEa, St, Mumbai, Maharashtra, India – 400063, or through the website ginzalimited.com.

The authorised capital is ₹27.5 Cr, and the paid-up capital is ₹8.88 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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