- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-17-0007034

About Indus Gartex Private Limited
Data last updated:
Indus Gartex Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 10 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U18101RJ2008PTC027718. Its GSTIN is 08AABCI9862J1Z2 (Rajasthan).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Shyam Kumar Harsha and Akhilesh Harsha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at G1 – 138 Epip Sitapura Industrial Area, Jaipur, Rajasthan, India – 322022.
As per the financials filed for FY 2026, the company reported a revenue of ₹5.67 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Lakh (net margin 0.3%) and EBITDA of ₹70.1 Lakh (EBITDA margin 12.4%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 17% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.62 Cr and satisfied charges of ₹1 Cr on record. Court records list 16 cases involving the company, including 1 filed by the company and 15 filed against it; 4 cases are pending.
Indus Gartex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0007034). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garment-india.com.
Company details
Recognitions & Rankings of Indus Gartex
Contact details
Indus Gartex Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressG1 – 138 Epip Sitapura Industrial Area, Jaipur, Rajasthan, India – 322022
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Indus Gartex 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 Indus Gartex 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 Indus Gartex Private Limited, buy the company report.
Financials of Indus Gartex Private Limited
FY 2026 filings availableIndus Gartex Private Limited reported revenue of ₹5.67 Cr (down 53% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 53% fall in the latest year. EBITDA fell 45% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.67 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70.1 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indus Gartex Private Limited, buy the company report.
Board of directors of Indus Gartex Private Limited
Indus Gartex has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyam Kumar Harsha | Director | 10 Nov 2008 | 18 Years 0 Months | Current |
| Reeta Harsha | Additional Director | 01 Nov 2025 | 1 Years 0 Months | Current |
| Akhilesh Harsha | Director | 29 Nov 2018 | 7 Years 11 Months | Current |
Auditor
Indus Gartex Private Limited is audited by GUPTA JASORIA & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA JASORIA & ASSOCIATES | FY 2026 | 0016412C |
Shareholding
The shareholding of Indus Gartex Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indus Gartex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2025 | 101202730 | Others | ₹5.47 Cr | Open | |
| 04 Aug 2020 | 100382801 | Axis Bank Limited | ₹80 Lakh | Open | |
| 24 Dec 2010 | 10261574 | Others | ₹4.35 Cr | Open | |
| 27 Oct 2009 | 10183824 | Bank of Baroda | ₹1 Cr | Satisfied |
To see the full charge records of Indus Gartex Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Indus Gartex Private Limited has 16 court cases on record: 1 filed by Indus Gartex, 15 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 10 | 2 |
| High courts | 4 | 4 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by Idfc First Bank Ltd | Disposed |
| District court, Jaipur Metro I, Rajasthan | Court case (Complaint) | Filed against the company by Idfc First Bank Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aditya Birla Finance Ltd | Disposed |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by Yusen Logistics (India) Pvt Ltd | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by RBL Bank Ltd | Disposed |
To see the full case history of Indus Gartex 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
Indus Gartex Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 1,116 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ranbanka Security & Allied Services Private Limited | |||
| Agarwal Corrugating Industries | |||
| an individual supplier | |||
| Vibhuti Packaging |
To see the full MSME payment records of Indus Gartex Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Indus Gartex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCI9862J1Z2 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indus Gartex Private Limited, buy the company report.
Recent activity
Indus Gartex Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Reeta Harsha was appointed as Additional Director on 01 Nov 2025.
5 earlier events are in the company report.
Frequently asked questions
Indus Gartex is an active private limited company based in Jaipur, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 10 November 2008 (18+ years old) and is registered under CIN U18101RJ2008PTC027718.
Indus Gartex has 3 current directors:
- Shyam Kumar Harsha - Director
- Reeta Harsha - Additional Director
- Akhilesh Harsha - Director
The latest financial statements of Indus Gartex on record with the MCA are for the year ended 31 March 2026. 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 Gartex is 08AABCI9862J1Z2, registered in Rajasthan.
The CIN (Corporate Identification Number) of Indus Gartex is U18101RJ2008PTC027718. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indus Gartex has 16 court cases on record: 1 filed by the company and 15 filed against it. 4 are pending. Most are in the district courts.
Indus Gartex was incorporated on 10 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Jaipur.
Reeta Harsha was appointed as Additional Director on 01 Nov 2025. Reeta Harsha ceased to be Director on 21 Jan 2022. Akhilesh Harsha was appointed as Director on 29 Nov 2018. Indus Gartex has 8 board changes on record in total.
Yes, Indus Gartex is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0007034).
Indus Gartex has 9 MSME Form 1 returns on record between 2019 and 2023, listing 1,116 overdue payments to 29 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Indus Gartex can be reached through the website garment-india.com. Its registered office is in Jaipur, Rajasthan, India.

