About Greenstitch Apparel Private Limited
Data last updated:
Greenstitch Apparel Private Limited is a private limited company based in Siloda Buzurg, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17100MP2015PTC033728. Its GSTIN is 23AAHCP9623J1Z6 (Madhya Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.5 Cr. It was formerly known as Parrogate Food & Spices Private Limited. It is led by directors including Haresh Shah and Rajesh Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No. 95/2/2 Village Siloda Buzurg Tehsil Sanwer, Madhya Pradesh, India – 453551.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.81 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹24.21 Lakh (net margin 1.9%) and EBITDA of ₹1.93 Cr (EBITDA margin 15%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 89% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.81 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 parrogate.co.in.
Company details
CIN history
Greenstitch Apparel has one previous CIN (Corporate Identification Number): U25111MP2015PTC033728. The current CIN is U17100MP2015PTC033728, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17100MP2015PTC033728 | Current |
| U25111MP2015PTC033728 | Previous |
Contact details
Greenstitch Apparel Private Limited's registered office is in Siloda Buzurg, Madhya Pradesh. Its website is parrogate.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 95/2/2 Village Siloda Buzurg Tehsil Sanwer, Madhya Pradesh, India – 453551
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Greenstitch Apparel Private Limited, buy the company report.
- 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
Business activity
The main business activities of Greenstitch Apparel are manufacturing and trade. In detail, this covers textile, leather and other apparel products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Greenstitch Apparel Private Limited, buy the company report.
Financials of Greenstitch Apparel Private Limited
FY 2024 filings availableGreenstitch Apparel Private Limited reported revenue of ₹12.81 Cr (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 50% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 89%. EBITDA rose 46% 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 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 | ₹12.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.21 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Greenstitch Apparel Private Limited, buy the company report.
Board of directors of Greenstitch Apparel Private Limited
Greenstitch Apparel has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haresh Shah Also directs: Spangle Clothing Private Limited | Director | 12 Dec 2023 | 2 Years 10 Months | Current |
| Rajesh Shah | Director | 12 Dec 2023 | 2 Years 10 Months | Current |
| Abhishek Shah Also directs: Spangle Clothing Private Limited | Director | 01 Dec 2022 | 3 Years 10 Months | Current |
| Manish Shah Also directs: Spangle Clothing Private Limited | Director | 12 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Greenstitch Apparel Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel, Kids Wear), 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 |
|---|---|---|---|---|---|---|
| Baby World Fashion Private Limited | ₹13.05 Cr (FY 2024) | 3.0% | Kolkata, West Bengal, India | |||
| Greenstitch Apparel Private Limitedthis company | ₹12.81 Cr (FY 2024) | ₹24.21 Lakh | 1.9% | -50.0% | 55 | Siloda Buzurg, Madhya Pradesh, India |
| Astrid Fashions Private Limited | ₹12.8 Cr (FY 2025) | 4.0% | Delhi, India | |||
| Deebaco Private Limited | ₹12.55 Cr (FY 2024) | 26.0% | Noida, Uttar Pradesh, India | |||
| Artex Apparels Private Limited | ₹12.4 Cr (FY 2025) | -36.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Greenstitch Apparel Private Limited, buy the company report.
Auditor
Greenstitch Apparel Private Limited is audited by ATM and ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ATM and ASSOCIATES | FY 2024 | 017397C |
Shareholding
The shareholding of Greenstitch Apparel Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Greenstitch Apparel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2025 | 101071001 | State Bank of India | ₹75 Lakh | Open | |
| 18 Jan 2022 | 100543804 | State Bank of India | ₹52 Lakh | Open | |
| 04 Oct 2021 | 100493949 | Others | ₹1.04 Cr | Open | |
| 06 Sep 2021 | 100483684 | State Bank of India | ₹6.67 Lakh | Open | |
| 01 Jun 2020 | 100385823 | State Bank of India | ₹1.04 Cr | Open |
To see the full charge records of Greenstitch Apparel Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Greenstitch Apparel Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Greenstitch Apparel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Greenstitch Apparel Private Limited has a workforce of 55 employees on its EPFO records as of Sep 18, 2025, across 1 active EPFO establishment.
GST
Greenstitch Apparel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCP9623J1Z6 | Madhya Pradesh | Active | 25 Jan 2018 |
To see the full GST registrations and return filing status of Greenstitch Apparel Private Limited, buy the company report.
Recent activity
Greenstitch Apparel Private Limited has 13 board changes on record since 2015: 4 appointments and 9 cessations. The latest: Haresh Shah ceased to be Additional Director on 29 Sep 2024.
14 earlier events are in the company report.
Frequently asked questions
Greenstitch Apparel is an active private limited company based in Siloda Buzurg, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 January 2015 (11+ years old) and is registered under CIN U17100MP2015PTC033728.
Greenstitch Apparel has 4 current directors:
- Haresh Shah - Director
- Rajesh Shah - Director
- Abhishek Shah - Director
- Manish Shah - Director
The latest financial statements of Greenstitch Apparel on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Greenstitch Apparel is 23AAHCP9623J1Z6, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Greenstitch Apparel is U17100MP2015PTC033728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greenstitch Apparel was incorporated on 20 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Greenstitch Apparel by revenue are Baby World Fashion Private Limited, Astrid Fashions Private Limited, Deebaco Private Limited, Artex Apparels Private Limited, all in the Apparel industry (Apparel, Kids Wear), with the same principal business activity (textile, leather and other apparel products).
Haresh Shah ceased to be Additional Director on 29 Sep 2024. Manish Shah ceased to be Additional Director on 29 Sep 2024. Rajesh Shah ceased to be Additional Director on 29 Sep 2024. Greenstitch Apparel has 13 board changes on record in total.
Greenstitch Apparel can be reached through the website parrogate.co.in. Its registered office is in Siloda Buzurg, Madhya Pradesh, India.
The registered office of Greenstitch Apparel is at Survey No. 9522 Village Siloda Buzurg Tehsil Sanwer, Madhya Pradesh, India – 453551.
Greenstitch Apparel operates in the manufacturing industry, in the textile and fabric production segment.