Heaven Textiles Private Limited
About Heaven Textiles Private Limited
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Heaven Textiles Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC065865.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹21.11 Lakh. It is led by directors Govindbhai Tribhovandas Patel (Managing Director) and Hasmukhbhai Tribhovandas Patel (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No. 31 – 32 Narayan Industrial Estate Village: Jolwa Taluka: Palsana, Surat, Gujarat, India – 394305.
As per the financials filed for FY 2016, the company reported a revenue of ₹24.18 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹11.7 Lakh (net margin -48.4%) and EBITDA of -₹5.74 Lakh (EBITDA margin -23.7%).
As per MCA filings, the company has open charges of ₹2.47 Cr on record. Court records list 20 cases involving the company, including 2 filed by the company and 18 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Heaven Textiles Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 31 – 32 Narayan Industrial Estate Village: Jolwa Taluka: Palsana, Surat, Gujarat, India – 394305
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Heaven Textiles 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 activity of Heaven Textiles 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 Heaven Textiles Private Limited, buy the company report.
Financials of Heaven Textiles Private Limited
FY 2016 filings availableHeaven Textiles Private Limited reported revenue of ₹24.18 Lakh (down 99% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA rose 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹24.18 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5.74 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹11.7 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -23.7% | |
| Net Profit Margin | -48.4% | |
| 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 Heaven Textiles Private Limited, buy the company report.
Board of directors of Heaven Textiles Private Limited
Heaven Textiles has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindbhai Tribhovandas Patel | Managing Director | 11 Jun 2011 | 15 Years 4 Months | Current |
| Hasmukhbhai Tribhovandas Patel | Whole-Time Director | 11 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
Heaven Textiles Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (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 |
|---|---|---|---|---|---|---|
| Suprimo Exclusive Private Limited | ₹24.22 Lakh (FY 2024) | -89.0% | Ahmedabad, Gujarat, India | |||
| Heaven Textiles Private Limitedthis company | ₹24.18 Lakh (FY 2016) | -₹11.7 Lakh | -48.4% | -99.0% | Surat, Gujarat, India | |
| Tajeco Gram Products Private Limited | ₹24.17 Lakh (FY 2025) | -1.0% | Belukuruchi, Tamil Nadu, India | |||
| Migtex Industries Pvt Ltd | ₹24.13 Lakh (FY 2025) | 12.0% | Mumbi, Maharashtra, India |
To see the full peer comparison of Heaven Textiles Private Limited, buy the company report.
Auditor
Heaven Textiles Private Limited is audited by MODH & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MODH & CO | FY 2016 | 129480W |
Shareholding
The shareholding of Heaven Textiles Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Heaven Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2012 | 10380776 | Oriental Bank of Commerce | ₹75.6 Lakh | Open | |
| 15 Sep 2011 | 10308140 | Oriental Bank of Commerce | ₹95 Lakh | Open | |
| 15 Sep 2011 | 10308146 | Oriental Bank of Commerce | ₹76 Lakh | Open |
To see the full charge records of Heaven Textiles Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Heaven Textiles Private Limited has 20 court cases on record: 2 filed by Heaven Textiles, 18 filed against it. 1 case is pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd. | Pending |
| District court, Vadodara, Gujarat | Court case (CR EN) | Filed against the company by Vishal Bharatbhai Barot Bajaj Finance Ltd | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Vishal Bharatbhai Barot Bajaj Finance Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by Intec Capital Ltd | Disposed |
| District court, SURAT, Gujarat | Court case (EXE R) | Filed against the company by Intec Capital Ltd Through Mr.Piyush Shankarlal Patel | Disposed |
To see the full case history of Heaven Textiles Private 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
No delayed payments to MSME suppliers are on our record for Heaven Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Heaven Textiles Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Heaven Textiles Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Govindbhai Tribhovandas Patel ceased to be Director on 03 Aug 2013.
Frequently asked questions
Heaven Textiles is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 June 2011 (15+ years old) and is registered under CIN U17120GJ2011PTC065865.
Heaven Textiles has 2 current directors:
- Govindbhai Tribhovandas Patel - Managing Director
- Hasmukhbhai Tribhovandas Patel - Whole-Time Director
The latest financial statements of Heaven Textiles on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Heaven Textiles is U17120GJ2011PTC065865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heaven Textiles has 20 court cases on record: 2 filed by the company and 18 filed against it. 1 is pending. Most are in the district courts.
Heaven Textiles was incorporated on 11 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Heaven Textiles by revenue are Suprimo Exclusive Private Limited, Tajeco Gram Products Private Limited, Migtex Industries Pvt Ltd, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Govindbhai Tribhovandas Patel ceased to be Director on 03 Aug 2013. Hasmukhbhai Tribhovandas Patel ceased to be Director on 03 Aug 2013. Govindbhai Tribhovandas Patel was appointed as Managing Director on 11 Jun 2011. Heaven Textiles has 4 board changes on record in total.
The registered office of Heaven Textiles is at Plot No. 31 – 32 Narayan Industrial Estate Village: Jolwa Taluka: Palsana, Surat, Gujarat, India – 394305.
Heaven Textiles operates in the manufacturing industry, in the textile and fabric production segment.
Heaven Textiles has open charges of ₹2.47 Cr and no satisfied charges on record as per latest MCA filings.