About Mush Textile Private Limited
Data last updated:
Mush Textile Private Limited is a private limited company based in Dascroi, Gujarat, India, a subsidiary of Globalbees Brands Private Limited and recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 16 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17303GJ2018PTC101321. Its GSTIN is 24AALCM6943J1Z2 (Gujarat). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹4.2 Lakh and a paid-up capital of ₹2.22 Lakh. It is led by directors including Rohit Goyal and Nihar Gosalia.
Its last annual general meeting (AGM) was held on 28 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shiv Prerna Industrial Park, Dascroi, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.74 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹4.29 Cr (net margin -63.6%) and EBITDA of -₹4.13 Cr (EBITDA margin -61.3%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years.
The company is associated with 1 brand: Mush. As per MCA filings, the company has open charges of ₹50 Lakh on record. The company has 3 deals on record (1 acquisition, 1 debt financing, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in July 2025. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mush.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 4 And 5 Rcc Shed Block/ Survey No. 986, Nr. Shiv Prerna Industrial Park Pirana Road, Dascroi, Gujarat, India – 382425
- IndustryManufacturing, Textile & Fabric Production
- 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
Financials of Mush Textile Private Limited FY 2025 filings available
Mush Textile Private Limited reported revenue of ₹6.74 Cr (down 18% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Mush Textile Private Limited
Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 88%. 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 Mush Textile Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹6.74 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.29 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 Mush Textile Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -61.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -63.6% | •••• | •••• | •••• | •••• |
| 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 Mush Textile are in the company report.
Financial statements from FY 2018
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 Mush Textile Private Limited
Mush Textile Private Limited is audited by J. C. Bhalla & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J. C. Bhalla & Co. | 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 Mush Textile Private Limited
Mush Textile has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Goyal Also directs: Healthyhey Foods LLP, Butternut Ventures Private Limited, Merhaki Foods and Nutrition Private Limited and 5 more | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
| Nihar Gosalia Also directs: Elvar Ventures LLP | Director | 16 Mar 2018 | 8 Years 6 Months | Current |
| Bharat Mundhra Also directs: Better & Brighter Homecare Private Limited, Maxinique Solution Private Limited, Eyezen Technologies Private Limited and 5 more | Director | 03 Jul 2025 | 1 Years 3 Months | Current |
Ownership and Shareholding of Mush Textile 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 Mush Textile Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jul 2025 | Others | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Deals & Funding of Mush Textile Private Limited
Mush Textile Private Limited has 3 deals on record (1 acquisition, 1 debt financing, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in July 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Debt financing | ₹50 Lakh | Investors: Blacksoil Group |
| Jan 2022 | Acquisition | Undisclosed | Buyer: Globalbees Brands Private Limited |
| Jan 2022 | Funding round | ₹1 Cr | Investors: Globalbees Brands Private Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Mush Textile Private Limited
Mush Textile Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Siddhi Digi Print | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Mush Textile Private Limited
Mush Textile operates one associated brand: Mush. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mush is recognized for offering sustainable bamboo-based home and personal care products. | mush.co.in |
Employees and EPFO Compliance at Mush Textile Private Limited
Employment history and EPFO contributions of people linked to Mush Textile.
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 Mush Textile Private Limited
Mush Textile Private Limited has 11 board changes on record since 2018: 3 appointments and 8 cessations. The latest: Bharat Mundhra ceased to be Additional Director on 27 Aug 2025.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mush Textile 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.
Subsidiaries & Group Companies of Mush Textile 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 Mush Textile Private Limited
Mush Textile has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCM6943J1Z2 | Gujarat | Active | 31 May 2018 |
| 29AALCM6943J1ZS | Karnataka | Active | 15 Nov 2020 |
| 07AALCM6943J1ZY | Delhi | Active | 17 Nov 2020 |
| 06AALCM6943J1Z0 | Haryana | Active | 28 Jun 2021 |
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 Mush Textile 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 Mush Textile Private Limited
Mush Textile is an active private limited company based in Dascroi, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 16 March 2018 (8+ years old) and is registered under CIN U17303GJ2018PTC101321.
Mush Textile reported revenue of ₹6.74 Cr for FY 2023 (down 18% YoY).
Mush Textile has 3 current directors:
- Rohit Goyal - Director
- Nihar Gosalia - Director
- Bharat Mundhra - Director
Mush Textile reported a net loss of ₹4.29 Cr (net margin -63.6%) and EBITDA of -₹4.13 Cr (EBITDA margin -61.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mush Textile is 88% over three years. In the latest year (FY 2023) revenue fell 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mush Textile is 24AALCM6943J1Z2, registered in Gujarat. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 29AALCM6943J1ZS (Karnataka), 07AALCM6943J1ZY (Delhi), 06AALCM6943J1Z0 (Haryana).
The CIN (Corporate Identification Number) of Mush Textile is U17303GJ2018PTC101321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mush Textile was incorporated on 16 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mush Textile has 3 deals on record (1 acquisition, 1 debt financing, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in July 2025.
Bharat Mundhra ceased to be Additional Director on 27 Aug 2025. Bharat Mundhra was appointed as Director on 03 Jul 2025. Rahul Chaudhary ceased to be Director on 02 Jul 2025. Mush Textile has 11 board changes on record in total.
Yes, Mush Textile is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).