About Indus Fila Limited
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Indus Fila Limited is a public limited company based in Mysore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 June 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L17121KA1999PLC025320. Its GSTIN is 29AAACI5893C1ZF (Karnataka). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (532821) has been suspended since 15 May 2015 · penal reasons, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹5.11 Cr. It was formerly known as Indus Fila Private Limited. It is led by directors including Himmatsingh Dasharathsingh Shekhawat (Whole-Time Director) and Harshvardhan Chandak.
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 Mysore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹16 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹2.29 Cr and EBITDA of -₹45.95 Lakh (EBITDA margin -287.2%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 36% over five years.
The company is associated with 1 brand: Indus Fila. As per MCA filings, the company has open charges of ₹45 Cr and satisfied charges of ₹708.43 Cr on record. Court records list 269 cases involving the company, including 87 filed by the company and 185 filed against it; 12 cases are pending. The company has 26 deals on record (25 market trades, 1 ipo); the latest was in January 2014. Its 3 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 1 smaller; the largest is Soft Tex India Private Limited with revenue of ₹16.05 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indusfila.com.
Company details
Name history
Indus Fila has undergone 2 name changes throughout its history. The company was previously known as Indus Fila Limited, and Indus Fila Private Limited. The current legal name is Indus Fila Limited.
| Company Name | Status |
|---|---|
| Indus Fila Limited | Current |
| Indus Fila Limited | Previous |
| Indus Fila Private Limited | Previous |
CIN history
Indus Fila has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L17121KA1999PLC025320, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17121KA1999PLC025320 | Current |
| U17121KA1999PLC025320 | Previous |
| U01820KA1999PLC025320 | Previous |
Contact details
Indus Fila Limited's registered office is in Mysore, Karnataka. Its website is indusfila.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address243/1 To 358/3 Thoramavu And Immavu Village Thandya Industrial Area K S Hundi Nanja, Ngud Taluk, Mysore, Karnataka, India – 571302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Indus Fila 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
Brands
Indus Fila operates one associated brand: Indus Fila. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | indusfila.com |
Business activity
The main business activity of Indus Fila 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 Indus Fila Limited, buy the company report.
Financials of Indus Fila Limited
FY 2025 filings availableIndus Fila Limited reported revenue of ₹16 Lakh (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 89% fall in the latest year. EBITDA rose 43% 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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| EBITDA | -₹45.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.29 Cr | ||||
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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 | -287.2% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Indus Fila Limited, buy the company report.
Board of directors of Indus Fila Limited
Indus Fila has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Himmatsingh Dasharathsingh Shekhawat | Whole-Time Director | 07 Jun 2019 | 7 Years 4 Months | Current |
| Harshvardhan Chandak Also directs: Biovik Biotech LLP, Biovik Organics Private Limited, GMV Infra Trade Private Limited and 1 more | Director | 30 Dec 2022 | 3 Years 9 Months | Current |
| Kanikella Hepzibah Rathna Glory | Additional Director | 21 Oct 2025 | 1 Years 0 Months | Current |
| Abhay Mandhana Also directs: Tristar Yarn Corp LLP, Tristar Yarn Industries Private Limited | Additional Director | 18 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Indus Fila 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 |
|---|---|---|---|---|---|---|
| Soft Tex India Private Limited | ₹16.05 Lakh (FY 2024) | Tirupur, Tamil Nadu, India | ||||
| Vastra Overseas Private Limited | ₹16.02 Lakh (FY 2024) | -40.0% | Bangalore, Karnataka, India | |||
| Indus Fila Limitedthis company | ₹16 Lakh (FY 2025) | -₹2.29 Cr | -89.0% | Mysore, Karnataka, India | ||
| Pee Cee Texfeb Private Limited | ₹15.95 Lakh (FY 2025) | -91.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Indus Fila Limited, buy the company report.
Auditor
Indus Fila Limited is audited by Mishra & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mishra & Co | FY 2023 | 012355S |
Shareholding
The shareholding of Indus Fila Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indus Fila Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2023 | 100722914 | Others | ₹19.5 Cr | Open | |
| 14 Feb 2023 | 100717116 | Others | ₹19.5 Cr | Open | |
| 26 Jul 1999 | 90197571 | State Bank of India | ₹3 Cr | Open | |
| 26 Jul 1999 | 90201170 | State Bank of India | ₹3 Cr | Open | |
| 05 Mar 2012 | 10342212 | Axis Bank Limited | ₹1.5 Cr | Satisfied |
To see the full charge records of Indus Fila Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Indus Fila Limited has 26 deals on record (25 market trades, 1 ipo); the latest was in January 2014.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2014 | Market trade | ₹8.2 Lakh | Buyer: Forever Merchants Private Limited Seller: Withal Commercial Pvt Ltd |
| Jan 2014 | Market trade | ₹42.5 Lakh | Buyer: Forever Merchants Private Limited Seller: Withal Commercial Pvt Ltd , Yaduka Financial Services Limited |
| Oct 2010 | Market trade | ₹2.1 Cr | Buyer: Withal Commercial Pvt Ltd Seller: TMT Viniyogan Ltd. |
| Jun 2010 | Market trade | ₹2.7 Cr | Buyer: Fulchand Finance Private Limited , Sarswati Vincom Ltd. , Aap Investments Seller: Kamal Kishor Finvest Private Limited , Aap Investments |
| Feb 2009 | Market trade | ₹20.9 Lakh | Seller: Touchstone Lending Private Limited |
To see the full deal history of Indus Fila Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indus Fila Limited has 269 court cases on record: 87 filed by Indus Fila, 185 filed against it. 12 cases are pending and 257 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 195 | 163 | 1 |
| High courts | 69 | 19 | 10 |
| NCLT | 2 | 1 | 0 |
| NCLAT | 2 | 2 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 269)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by SP Coal Resources Pvt Ltd | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by SP Coal Resources Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by Chiripal Industries Ltd. | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Subhash Jangir, Authorised Signatory of Indus Fila Limited and 1 other | Disposed |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Manojkumar Madanlal Mor, Director of Suashish Apparels Pvt. Limited | Disposed |
To see the full case history of Indus Fila 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 Indus Fila Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Indus Fila Limited has 2 active EPFO establishments as of Apr 08, 2024.
GST
Indus Fila has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI5893C1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indus Fila Limited, buy the company report.
Recent activity
Indus Fila Limited has 38 board changes on record since 2006: 21 appointments and 17 cessations. The latest: Aman Bachhawat ceased to be Director on 24 Oct 2025.
92 earlier events are in the company report.
Frequently asked questions
Indus Fila is an active public limited company based in Mysore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 June 1999 (27+ years old) and is registered under CIN L17121KA1999PLC025320.
Indus Fila has 4 current directors:
- Himmatsingh Dasharathsingh Shekhawat - Whole-Time Director
- Harshvardhan Chandak - Director
- Kanikella Hepzibah Rathna Glory - Additional Director
- Abhay Mandhana - Additional Director
The latest financial statements of Indus Fila 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 GSTIN of Indus Fila is 29AAACI5893C1ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Indus Fila is L17121KA1999PLC025320. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Fila is recorded as a listed company by MCA, but trading in its shares on BSE (532821) has been suspended since 15 May 2015 · penal reasons, so they do not currently trade on a stock exchange.
Indus Fila has 269 court cases on record: 87 filed by the company and 185 filed against it. 12 are pending. Most are in the district courts.
Indus Fila was incorporated on 10 June 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
Indus Fila has 26 deals on record (25 market trades, 1 ipo); the latest was in January 2014.
The peers of Indus Fila by revenue are Soft Tex India Private Limited, Vastra Overseas Private Limited, Pee Cee Texfeb Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Aman Bachhawat ceased to be Director on 24 Oct 2025. Kanikella Hepzibah Rathna Glory was appointed as Additional Director on 21 Oct 2025. Abhay Mandhana was appointed as Additional Director on 18 Sep 2025. Indus Fila has 38 board changes on record in total.