DPIIT recognised startup Government of India
Startup India
Igs Apparels Private Limited
Igs Apparels Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.38 Cr
▼ 5% YoY
Net profit · FY 2025
₹29.84 Lakh
Net margin 3.2%
EBITDA · FY 2025
₹1.03 Cr
EBITDA margin 11%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.8 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
3
Provident fund records
About Igs Apparels Private Limited
Data last updated:
Igs Apparels Private Limited is a private limited company based in Delhi, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18202DL2021PTC375533. Its GSTIN is 07AAFCI9757G1Z5 (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vikash Sancheti and Mukesh Sancheti.
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 B – 5/22 1st Floor Near Raghunath Mandir Krishna Nagar, Delhi, India – 110051.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.38 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹29.84 Lakh (net margin 3.2%) and EBITDA of ₹1.03 Cr (EBITDA margin 11%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.8 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
CIN U18202DL2021PTC375533
Registration Number 375533
Incorporation Date 11 January 2021
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Igs Apparels
Contact details
Igs Apparels Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 5/22 1st Floor Near Raghunath Mandir Krishna Nagar, Delhi, India – 110051
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Igs Apparels Private Limited, buy the company report.
Comprehensive company report
Igs Apparels Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Igs Apparels 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 Igs Apparels Private Limited, buy the company report.
Financials of Igs Apparels Private Limited
FY 2025 filings availableIgs Apparels Private Limited reported revenue of ₹9.38 Cr (down 5% YoY) for FY 2025.
Revenue · FY 2025
₹9.38 Cr ▼ 5%
Net profit · FY 2025
₹29.84 Lakh margin 3.2%
EBITDA · FY 2025
₹1.03 Cr margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 9%
Revenue has declined at a compounded annual rate (CAGR) of 4% over three years, including a 5% fall in the latest year. EBITDA rose 18% 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 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.84 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | 11% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Igs Apparels Private Limited, buy the company report.
Board of directors of Igs Apparels Private Limited
Igs Apparels has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikash Sancheti Also directs: Jatan Knitwear Private Limited | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Mukesh Sancheti Also directs: Rajshree Snacks and Foods Private Limited | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
| Manoj Sancheti | Director | 11 Jan 2021 | 5 Years 9 Months | Current |
Peer comparison
Igs Apparels 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 |
|---|---|---|---|---|---|---|
| Sfabrics India Private Limited | ₹9.39 Cr (FY 2025) | -2.0% | Chennai, Tamil Nadu, India | |||
| Igs Apparels Private Limitedthis company | ₹9.38 Cr (FY 2025) | ₹29.84 Lakh | 3.2% | -5.0% | Delhi, India | |
| Major Life Style Private Limited | ₹9.37 Cr (FY 2025) | -4.0% | Jaipur, Rajasthan, India | |||
| Dilasha Fashions Private Limited | ₹9.37 Cr (FY 2025) | -4.0% | Bhiwandi, Maharashtra, India | |||
| Jay Bhuwal Textile Private Limited | ₹9.37 Cr (FY 2024) | 384.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Igs Apparels Private Limited, buy the company report.
Auditor
Igs Apparels Private Limited is audited by VIKAS LOHIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKAS LOHIA & ASSOCIATES | FY 2023 | 024881N |
Shareholding
The shareholding of Igs Apparels Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Igs Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2025 | 101199750 | Others | ₹1.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Igs Apparels Private Limited has 1 court case on record: 1 filed by Igs Apparels. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Disposed |
To see the full case history of Igs Apparels 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 Igs Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Igs Apparels has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAFCI9757G1Z5 | Delhi | Active | 18 Feb 2021 |
| 09AAFCI9757G1Z1 | Uttar Pradesh | Active | 01 Jun 2023 |
To see the full GST registrations and return filing status of Igs Apparels Private Limited, buy the company report.
Recent activity
Igs Apparels Private Limited has 7 board changes on record since 2021: 5 appointments and 2 cessations. The latest: Ashok Kumar Parakh ceased to be Director on 31 Jan 2026.
Ceased
Ashok Kumar Parakh ceased to be Director.
Ceased
Nirmal Kumar Sancheti ceased to be Director.
Charges
A charge with Others amounted to Rs. 180.00 Lakh with Charge ID 101199750 was registered on 30 Nov 2025.
AGM
Igs Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Igs Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Ashok Kumar Parakh was appointed as Director.
Appointed
Nirmal Kumar Sancheti was appointed as Director.
Appointed
Vikash Sancheti was appointed as Director.
Appointed
Manoj Sancheti was appointed as Director.
Appointed
Mukesh Sancheti was appointed as Director.
Incorporation
11 Jan 2021
Igs Apparels Private Limited was registered on 11 Jan 2021 with Roc Delhi & aged 5 years 9 months as per MCA records.
Frequently asked questions
Igs Apparels is an active private limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 January 2021 (5+ years old) and is registered under CIN U18202DL2021PTC375533.
Igs Apparels has 3 current directors:
- Vikash Sancheti - Director
- Mukesh Sancheti - Director
- Manoj Sancheti - Director
The latest financial statements of Igs Apparels 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 FY 2021 are in the company report.
The GSTIN of Igs Apparels is 07AAFCI9757G1Z5, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AAFCI9757G1Z1 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Igs Apparels is U18202DL2021PTC375533. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Igs Apparels has 1 court case on record: 1 filed by the company.
Igs Apparels was incorporated on 11 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Igs Apparels by revenue are Sfabrics India Private Limited, Major Life Style Private Limited, Dilasha Fashions Private Limited, Jay Bhuwal Textile Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Ashok Kumar Parakh ceased to be Director on 31 Jan 2026. Nirmal Kumar Sancheti ceased to be Director on 31 Jan 2026. Ashok Kumar Parakh was appointed as Director on 03 Aug 2021. Igs Apparels has 7 board changes on record in total.
Yes, Igs Apparels is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Igs Apparels is at B – 522 1st Floor Near Raghunath Mandir Krishna Nagar, Delhi, India – 110051.