Innovative Textile Enterprise Private Limited - Company Profile

It is a home & lifestyle private limited company based in Mumbai, Maharashtra, India, established in 2017.

2017 Mumbai, Maharashtra, India Active

Last Updated: January 05, 2026

About Innovative Textile Enterprise Private Limited

Innovative Textile Enterprise Private Limited, a active private limited company, was established on 10 July 2017 in Mumbai, Maharashtra, India. Engaging in textile retail & distribution within the financial and insurance service sector, it holds CIN: U74999MH2017PTC297132. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹0.10 M.

It upholds a compliant status. Its leadership includes Rohit Chugh Pal (Director), Namita Rohit Pal (Director). Past directors included Rohit Chugh Pal, Namita Rohit Pal, Sandip Kuldip Khosla. It holds ₹285.00 Cr open charges and ₹24.00 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 609, Mahalaxmi Chambers 22, Bhulabhai Desai Road, Mumbai, Maharashtra, 400026.

Company Details

CIN/LLPIN
U74999MH2017PTC297132
Registration Number
297132
Incorporation Date
10 July 2017
Authorized Capital
₹1.50 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.50 M as on 05-01-2026
Paid Up Capital ₹ 0.10 M as on 05-01-2026
Company Age 8 Year, 7 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 285.00 Cr as on 05-01-2026
Satisfied Charges ₹ 24.00 Cr as on 05-01-2026
Revenue Growth **** % (FY 2023)
Profit Growth **** -4.82% (FY 2023)
Ebitda **** -4.82% (FY 2023)
Net Worth -0.05% (FY 2023)
Total Assets -29.61% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Innovative Textile Enterprise 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 Innovative Textile Enterprise Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rohit Chugh Pal	Director	14 Mar 2019	Current
Namita Rohit Pal	Director	10 Mar 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Sep 2019	Past
Pramod Abcsdd	Additional Director	26 Sep 2022	Past
Pramod Abcsdd	Director	14 Sep 2018	Past
Pramod Abcsdd	Director	03 Jul 2019	Past
Pramod Abcsdd	Additional Director	24 Dec 2018	Past

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Financial Performance of Innovative Textile Enterprise.

Innovative Textile Enterprise Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 4.82% decrease in profit. The company's net worth dipped by a decrease of 0.05%.

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

*******

-29.61%

*******

Profit or Loss

*******

-4.82%

*******

Net Worth

*******

-0.05%

*******

EBITDA

*******

-4.82%

*******

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What is the Ownership and Shareholding Structure of Innovative Textile Enterprise?

In 2023, Innovative Textile Enterprise had a promoter holding of 72.85% and a public holding of 27.15%. The company had 2 Subsidiaries. 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

₹2,850,000,000.00

Satisfied Charges

₹240,000,000.00

Charges Breakdown by Lending Institutions

Others : 285.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
17 Aug 2024	Others	₹260.00 Cr	Open
17 Jan 2024	Others	₹25.00 Cr	Open
27 Mar 2018	Others	₹24.00 Cr	Satisfied

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How Many Employees Work at Innovative Textile Enterprise?

Unlock and access historical data on people associated with Innovative Textile Enterprise, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Innovative Textile Enterprise, 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 Innovative Textile Enterprise'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 Innovative Textile Enterprise

Recent Activity within the Organization

Annual General Meeting

Progress on Innovative Textile Enterprise Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Charges

A charge with Others amounted to Rs. 2,600.00 M with Charge ID 100984375 was registered on 17 Aug 2024. was recorded as a recent event.
17 Aug 2024
Balance Sheet

Innovative Textile Enterprise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Charges

Progress on A charge with Others amounted to Rs. 250.00 M with Charge ID 100867581 was registered on 17 Jan 2024. was documented.
17 Jan 2024
Director Appointment

Namita Rohit Pal was appointed as a Director was appointed as a Director on 10 Mar 2022 & has been associated with this company since 3 years 11 months . was recorded as a recent event.
10 Mar 2022
Director Appointment

The activity Rohit Chugh Pal was appointed as a Director was appointed as a Director on 14 Mar 2019 & has been associated with this company since 6 years 11 months . was completed.
14 Mar 2019

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Frequently Asked Questions

What is the CIN of Innovative Textile Enterprise Private Limited?

The CIN of Innovative Textile Enterprise Private Limited is U74999MH2017PTC297132.

Where is Innovative Textile Enterprise Private Limited headquartered?

Innovative Textile Enterprise Private Limited is headquartered at 609, Mahalaxmi Chambers 22, Bhulabhai Desai Road, Mumbai, Maharashtra, 400026.

When was Innovative Textile Enterprise Private Limited incorporated?

Innovative Textile Enterprise Private Limited was incorporated on 10 July 2017.

Who are the current directors of Innovative Textile Enterprise Private Limited?

The current directors of Innovative Textile Enterprise Private Limited are

What is the primary industry of Innovative Textile Enterprise Private Limited?

The primary industry of Innovative Textile Enterprise Private Limited is Financial And Insurance Service.

Is Innovative Textile Enterprise Private Limited a listed company?

Innovative Textile Enterprise Private Limited is unlisted.

What is the capital structure of Innovative Textile Enterprise Private Limited?

The authorized capital of Innovative Textile Enterprise Private Limited is ₹1.50 M, and the paid-up capital is ₹0.10 M.

What is the compliance status of Innovative Textile Enterprise Private Limited?

The compliance status of Innovative Textile Enterprise Private Limited is Compliant.

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