Innova Fabtex Private Limited
About Innova Fabtex Private Limited
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Innova Fabtex Private Limited is a private limited company based in Bhiwandi, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2014PTC251560. Its GSTIN is 27AADCI4410Q1ZC (Maharashtra).
The company has an authorised share capital of ₹3.05 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Sunil Radhakishin Kukreja (Managing Director) and Nimesh Navnitrai Shah.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bhiwandi, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.55 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹10.64 Lakh (net margin 0.9%) and EBITDA of ₹63.37 Lakh (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹4.08 Cr and satisfied charges of ₹3.01 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Innova Fabtex Private Limited's registered office is in Bhiwandi, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressB3 & B4 House No 1159 Kambha Road Mith Pada Kedia Compound, Shelar, Bhiwandi, Maharashtra, India – 421302
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Innova Fabtex 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 Innova Fabtex 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 Innova Fabtex Private Limited, buy the company report.
Financials of Innova Fabtex Private Limited
FY 2019 filings availableInnova Fabtex Private Limited reported revenue of ₹11.55 Cr (up 17% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 9% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.55 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹63.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.64 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Innova Fabtex Private Limited, buy the company report.
Board of directors of Innova Fabtex Private Limited
Innova Fabtex has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nimesh Navnitrai Shah Also directs: Kukreja Denim Mills LLP | Director | 20 May 2017 | 9 Years 5 Months | Current |
| Sunil Radhakishin Kukreja | Managing Director | 01 Jan 2014 | 12 Years 9 Months | Current |
| Lisha Sunil Kukreja | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
Peer comparison
Innova Fabtex Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Aishu Textiles Private Limited | ₹11.56 Cr (FY 2024) | -3.0% | Bangalore, Karnataka, India | |||
| GRR Industries Private Limited | ₹11.56 Cr (FY 2024) | 80.0% | Khammam, Telangana, India | |||
| United Cotton Extract Private Limited | ₹11.55 Cr (FY 2025) | 128.0% | Malegaon, Maharashtra, India | |||
| Innova Fabtex Private Limitedthis company | ₹11.55 Cr (FY 2019) | ₹10.64 Lakh | 0.9% | 17.0% | Bhiwandi, Maharashtra, India | |
| Youngman Blankets Private Limited | ₹11.54 Cr (FY 2024) | -3.0% | Ludhiana, Punjab, India | |||
| Poonam Processors Private Limited | ₹11.54 Cr (FY 2025) | -5.0% | Surat, Gujarat, India |
To see the full peer comparison of Innova Fabtex Private Limited, buy the company report.
Shareholding
The shareholding of Innova Fabtex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Innova Fabtex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2018 | 100185072 | Canara Bank | ₹4.08 Cr | Open | |
| 26 Jun 2014 | 10507992 | Dena Bank | ₹3.01 Cr | Satisfied |
To see the full charge records of Innova Fabtex Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Innova Fabtex Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Chiranjilal Yarns Pvt. Ltd.Th. Yogesh Pareek | Pending |
To see the full case history of Innova Fabtex 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 Innova Fabtex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innova Fabtex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCI4410Q1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Innova Fabtex Private Limited, buy the company report.
Recent activity
Innova Fabtex Private Limited has 4 board changes on record since 2014: 3 appointments and 1 cessation. The latest: Nimesh Navnitrai Shah ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Innova Fabtex is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 January 2014 (12+ years old) and is registered under CIN U17299MH2014PTC251560.
Innova Fabtex has 3 current directors:
- Sunil Radhakishin Kukreja - Managing Director
- Nimesh Navnitrai Shah - Director
- Lisha Sunil Kukreja - Director
The latest financial statements of Innova Fabtex on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Innova Fabtex is 27AADCI4410Q1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Innova Fabtex is U17299MH2014PTC251560. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innova Fabtex has 1 court case on record: 1 filed against it. 1 is pending.
Innova Fabtex was incorporated on 01 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Innova Fabtex by revenue are Aishu Textiles Private Limited, GRR Industries Private Limited, United Cotton Extract Private Limited, Youngman Blankets Private Limited, Poonam Processors Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Nimesh Navnitrai Shah ceased to be Additional Director on 30 Sep 2017. Nimesh Navnitrai Shah was appointed as Director on 20 May 2017. Lisha Sunil Kukreja was appointed as Director on 01 Jan 2014. Innova Fabtex has 4 board changes on record in total.
The registered office of Innova Fabtex is at B3 & B4 House No 1159 Kambha Road Mith Pada Kedia Compound, Shelar, Bhiwandi, Maharashtra, India – 421302.
Innova Fabtex operates in the manufacturing industry, in the textile and fabric production segment.