Indus Garments (India) Private Limited - Company Profile

It is a fashion and textile private limited company based in Bangalore, Karnataka, India, established in 2004.

2004 Bangalore, Karnataka, India Under Liquidation

Last Updated: July 27, 2025

About Indus Garments (India) Private Limited

Indus Garments (India) Private Limited, a under liquidation private limited company, was established on 26 April 2004 in Bangalore, Karnataka, India. Engaging in designer & branded fashion within the fashion and textile sector, it holds CIN: U05190KA2004PTC033828. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.98 Cr.

It upholds a active non-compliant status. Its leadership includes Shashikant Govindlal Mandhana (Additional Director), Mandhana Nitin Narayandas (Additional Director). Past directors included Mukund Balaji, Manish Kumar, Namita Lareb Syed. It holds ₹6.00 Cr open charges and ₹43.00 Cr settled loans. Its latest AGM occurred on 30 September 2014, with the balance sheet filed on 31 March 2014. It is based at No. 117/A, 5Th Main, Industrial Suburb, Ii Stage, Yeshwantpur, Bangalore, Karnataka, 560022.

Company Details

CIN/LLPIN
U05190KA2004PTC033828
Registration Number
033828
Incorporation Date
26 April 2004
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹1.98 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 27-07-2025
Paid Up Capital ₹ 1.98 Cr as on 27-07-2025
Company Age 21 Year, 9 Months
Last Filing with ROC 31 Mar 2014
Open Charges ₹ 6.00 Cr as on 27-07-2025
Satisfied Charges ₹ 43.00 Cr as on 27-07-2025
Revenue Growth **** % (FY 2014)
Profit Growth **** -499.11% (FY 2014)
Net Worth -171.17% (FY 2014)
Total Assets -66.35% (FY 2014)

Comprehensive Company Insights

Explore comprehensive insights into Indus Garments (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Indus Garments (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shashikant Govindlal Mandhana	Additional Director	16 Mar 2016	Current
Mandhana Nitin Narayandas	Additional Director	16 Mar 2016	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	21 Apr 2009	Past
Pramod Abcsdd	Director	20 Oct 2008	Past
Pramod Abcsdd	Director	29 Mar 2016	Past
Pramod Abcsdd	Director	29 Mar 2016	Past
Pramod Abcsdd	Director	25 Oct 2007	Past
Pramod Abcsdd	Director	25 Oct 2007	Past

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Financial Performance of Indus Garments (India).

Indus Garments (India) Private Limited, for the financial year ended 2014, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 499.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 171.17%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

*******

Revenue from Operations

*******

Total Assets

*******

-66.35%

*******

Profit or Loss

*******

-499.11%

*******

Net Worth

*******

-171.17%

*******

EBITDA

*******

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What is the Ownership and Shareholding Structure of Indus Garments (India)?

In 2014, Indus Garments (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹60,000,000.00

Satisfied Charges

₹430,000,000.00

Charges Breakdown by Lending Institutions

Standard Chartered Bank : 6.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
02 Jul 2008	Standard Chartered Bank	₹6.00 Cr	Open
19 Feb 2008	Corporation Bank	₹20.20 Cr	Satisfied
09 Mar 2005	State Bank Of India	₹22.80 Cr	Satisfied

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How Many Employees Work at Indus Garments (India)?

Indus Garments (India) has a workforce of 0 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Indus Garments (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indus Garments (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Indus Garments (India)

Recent Activity within the Organization

Director Appointment

Progress on Shashikant Govindlal Mandhana was appointed as a Additional Director was appointed as a Additional Director on 16 Mar 2016 & has been associated with this company since 9 years 11 months . was documented.
16 Mar 2016
Director Appointment

Progress on Mandhana Nitin Narayandas was appointed as a Additional Director was appointed as a Additional Director on 16 Mar 2016 & has been associated with this company since 9 years 11 months . was documented.
16 Mar 2016
Annual General Meeting

Progress on Indus Garments (India) Private Limited last Annual general meeting of members was held on 30 Sep 2014 as per latest MCA records. was documented.
30 Sep 2014
Balance Sheet

Indus Garments (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2014 with Roc Bangalore. was recorded as a recent event.
31 Mar 2014
Charges

A charge registered on 19 Feb 2008 via Charge ID 10090906 with Corporation Bank was fully satisfied on 18 Apr 2011. was recorded as a recent event.
18 Apr 2011
Charges

The activity A charge registered on 09 Mar 2005 via Charge ID 80022625 with State Bank Of India was fully satisfied on 22 Mar 2011. was completed.
22 Mar 2011

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Frequently Asked Questions

What is the CIN of Indus Garments (India) Private Limited?

The CIN of Indus Garments (India) Private Limited is U05190KA2004PTC033828.

Where is Indus Garments (India) Private Limited headquartered?

Indus Garments (India) Private Limited is headquartered at No. 117/A, 5Th Main, Industrial Suburb, Ii Stage, Yeshwantpur, Bangalore, Karnataka, 560022.

When was Indus Garments (India) Private Limited incorporated?

Indus Garments (India) Private Limited was incorporated on 26 April 2004.

Who are the current directors of Indus Garments (India) Private Limited?

The current directors of Indus Garments (India) Private Limited are

What is the primary industry of Indus Garments (India) Private Limited?

The primary industry of Indus Garments (India) Private Limited is Fashion And Textile.

Is Indus Garments (India) Private Limited a listed company?

Indus Garments (India) Private Limited is unlisted.

What is the capital structure of Indus Garments (India) Private Limited?

The authorized capital of Indus Garments (India) Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.98 Cr.

What is the compliance status of Indus Garments (India) Private Limited?

The compliance status of Indus Garments (India) Private Limited is Active Non-Compliant.

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