About Hetvi Silk Mills Private Limited
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Hetvi Silk Mills Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U22200MH1999PTC120063.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹29.98 Lakh. It was formerly known as Shreeji Offset Private Limited. It is led by directors including Akash Hitesh Shah and Bhavna Hiten Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 147 Gaiwadi Sadan Room No 27 First Floor Dr Viegas Street Kalbadevi, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹76.48 Cr, a growth of 141% compared to the previous year. For the same year it recorded a net profit of ₹72.87 Lakh (net margin 1%) and EBITDA of ₹2.07 Cr (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 17% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.25 Cr and satisfied charges of ₹15 Lakh on record. Court records list 8 cases involving the company, including 7 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hetvi.in.
Company details
Contact details
Hetvi Silk Mills Private Limited's registered office is in Mumbai, Maharashtra. Its website is hetvi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address147 Gaiwadi Sadan Room No 27 First Floor Dr Viegas Street Kalbadevi, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Hetvi Silk Mills 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 Hetvi Silk Mills is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Hetvi Silk Mills Private Limited, buy the company report.
Financials of Hetvi Silk Mills Private Limited
FY 2025 filings availableHetvi Silk Mills Private Limited reported revenue of ₹76.48 Cr (up 141% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 141% growth in the latest year. EBITDA rose 14% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹76.48 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.87 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
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| 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 Hetvi Silk Mills Private Limited, buy the company report.
Board of directors of Hetvi Silk Mills Private Limited
Hetvi Silk Mills has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Hitesh Shah Also directs: Texbury Fab LLP | Director | 25 Jan 2015 | 11 Years 9 Months | Current |
| Bhavna Hiten Shah | Director | 25 Jan 2015 | 11 Years 9 Months | Current |
| Nisha Hitesh Shah | Director | 25 Jan 2015 | 11 Years 9 Months | Current |
| Hitesh Dhanji Shah Also directs: Texbury Fab LLP | Director | 18 Feb 2002 | 24 Years 8 Months | Current |
| Hiten Dhanji Shah Also directs: Texbury Fab LLP | Director | 18 Feb 2002 | 24 Years 8 Months | Current |
Auditor
Hetvi Silk Mills Private Limited is audited by HARDIK VORA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARDIK VORA AND ASSOCIATES | FY 2023 | 111976 |
Shareholding
The shareholding of Hetvi Silk Mills Private 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 Hetvi Silk Mills Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2012 | 10347303 | Gopinath Patil Parsik Janata Sahakari Bank Ltd. | ₹2.25 Cr | Open | |
| 25 Oct 1999 | 90142585 | Bank of Baroda | ₹15 Lakh | Satisfied |
To see the full charge records of Hetvi Silk Mills Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Hetvi Silk Mills Private Limited has 8 court cases on record: 7 filed by Hetvi Silk Mills, 1 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Jalandhar, Punjab | Execution petition | Filed by the company against Times International | Disposed |
| District court, Calcutta, West Bengal | Court case (MEX) | Filed by the company against Golden Enterprises | Disposed |
| District court, Calcutta, West Bengal | Court case (MEX) | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Execution petition | Filed by the company against Baijnath and Company | Disposed |
To see the full case history of Hetvi Silk Mills 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
Hetvi Silk Mills Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 94 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Satguru Mechanical Works | |||
| an individual supplier | |||
| Balwant Tools Industries | |||
| R.Mody & Co | |||
| Priya Enterprises |
To see the full MSME payment records of Hetvi Silk Mills Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hetvi Silk Mills Private Limited has a workforce of 30 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Hetvi Silk Mills Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hetvi Silk Mills Private Limited has 5 board changes on record since 2002: 5 appointments. The latest: Akash Hitesh Shah was appointed as Director on 25 Jan 2015.
Frequently asked questions
Hetvi Silk Mills is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 May 1999 (27+ years old) and is registered under CIN U22200MH1999PTC120063.
Hetvi Silk Mills has 5 current directors:
- Akash Hitesh Shah - Director
- Bhavna Hiten Shah - Director
- Nisha Hitesh Shah - Director
- Hitesh Dhanji Shah - Director
- Hiten Dhanji Shah - Director
The latest financial statements of Hetvi Silk Mills on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Hetvi Silk Mills is U22200MH1999PTC120063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hetvi Silk Mills has 8 court cases on record: 7 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Hetvi Silk Mills was incorporated on 27 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Akash Hitesh Shah was appointed as Director on 25 Jan 2015. Bhavna Hiten Shah was appointed as Director on 25 Jan 2015. Nisha Hitesh Shah was appointed as Director on 25 Jan 2015. Hetvi Silk Mills has 5 board changes on record in total.
Hetvi Silk Mills has 13 MSME Form 1 returns on record between 2019 and 2024, listing 94 overdue payments to 16 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Hetvi Silk Mills can be reached through the website hetvi.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Hetvi Silk Mills is at 147 Gaiwadi Sadan Room No 27 First Floor Dr Viegas Street Kalbadevi, Mumbai, Maharashtra, India – 400002.
Hetvi Silk Mills operates in the manufacturing industry, in the textile and fabric production segment.