Hi-Fab2stitch Private Limited
About Hi-Fab2stitch Private Limited
Data last updated:
Hi-Fab2stitch Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 June 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17299KA2022PTC162945.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vasant Nitinkumar Veena and Darapan Parekh.
Its last annual general meeting (AGM) was held on 11 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.10/1 1st Cross Ground Floor Nehru Nagar Seshadripuram, Bangalore, Karnataka, India – 560020.
As per the financials filed for FY 2023, the company reported a revenue of ₹53.81 Lakh. For the same year it recorded a net profit of ₹3.8 Lakh (net margin 7.1%) and EBITDA of ₹5.26 Lakh (EBITDA margin 9.8%).
Company details
Contact details
Hi-Fab2stitch Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo.10/1 1st Cross Ground Floor Nehru Nagar Seshadripuram, Bangalore, Karnataka, India – 560020
- 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
Business activity
The main business activity of Hi-Fab2stitch 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 Hi-Fab2stitch Private Limited, buy the company report.
Financials of Hi-Fab2stitch Private Limited
FY 2023 filings availableHi-Fab2stitch Private Limited reported revenue of ₹53.81 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 |
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| EBITDA | ₹5.26 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹3.8 Lakh |
| Balance Sheet | |
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Financial Ratios
| Metrics | FY 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | 9.8% |
| Net Profit Margin | 7.1% |
| Return on Equity (ROE) | |
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To see the full financial statements and ratios of Hi-Fab2stitch Private Limited, buy the company report.
Board of directors of Hi-Fab2stitch Private Limited
Hi-Fab2stitch has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasant Nitinkumar Veena | Director | 27 Jun 2022 | 4 Years 3 Months | Current |
| Darapan Parekh | Director | 27 Jun 2022 | 4 Years 3 Months | Current |
Peer comparison
Hi-Fab2stitch Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Vyas Textiles Private Limited | ₹54.05 Lakh (FY 2025) | 2.0% | Shirpur, Maharashtra, India | |||
| Ujjwal Auto Component Private Limited | ₹54 Lakh (FY 2021) | -58.0% | New Delhi, Delhi, India | |||
| Hi-Fab2stitch Private Limitedthis company | ₹53.81 Lakh (FY 2023) | ₹3.8 Lakh | 7.1% | Bangalore, Karnataka, India | ||
| Charminar Non Wovens Ltd. | ₹53.46 Lakh (FY 2021) | 102.0% | Hyderabad, Telangana, India | |||
| Trishul Cotex Private Limited | ₹53.45 Lakh (FY 2025) | -3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Hi-Fab2stitch Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Hi-Fab2stitch 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 Hi-Fab2stitch 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 Hi-Fab2stitch Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hi-Fab2stitch Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Darapan Parekh was appointed as Director on 27 Jun 2022.
Frequently asked questions
Hi-Fab2stitch is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 27 June 2022 (4+ years old) and is registered under CIN U17299KA2022PTC162945.
Hi-Fab2stitch has 2 current directors:
- Vasant Nitinkumar Veena - Director
- Darapan Parekh - Director
The latest financial statements of Hi-Fab2stitch on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 December 2023. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Hi-Fab2stitch is U17299KA2022PTC162945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hi-Fab2stitch was incorporated on 27 June 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Hi-Fab2stitch by revenue are Vyas Textiles Private Limited, Ujjwal Auto Component Private Limited, Charminar Non Wovens Ltd, Trishul Cotex Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Darapan Parekh was appointed as Director on 27 Jun 2022. Vasant Nitinkumar Veena was appointed as Director on 27 Jun 2022.
The registered office of Hi-Fab2stitch is at No.101 1st Cross Ground Floor Nehru Nagar Seshadripuram, Bangalore, Karnataka, India – 560020.
Hi-Fab2stitch operates in the manufacturing industry, in the textile and fabric production segment.
Hi-Fab2stitch can be reached at its registered office: No.101 1st Cross Ground Floor Nehru Nagar Seshadripuram, Bangalore, Karnataka, India – 560020.
Hi-Fab2stitch is registered under the jurisdiction of the Registrar of Companies (ROC), Bangalore.