About Innovative Textiles Limited
Data last updated: 29 July 2025
Innovative Textiles Limited was a public limited company based in Delhi, India, operated as a subsidiary of Veena Enterprises Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 17 September 1993.
Registered with ROC Delhi under CIN U74899DL1993PLC055266.
Capital: an authorised share capital of ₹55.35 Cr and a paid-up capital of ₹54.03 Cr. Formerly known as Innovative Textiles Private Limited. It was led by directors including Ramjee Aruna and Vydesh Ramkumar.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 81 Vigyan Vihar India, Delhi, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹98.32 Cr, a decline of 31% compared to the previous year.
The company had a reported workforce of approximately 225 employees prior to being dissolved. It operated as a subsidiary of Veena Enterprises Limited.
The company was associated with 1 brand - Innovative Textiles. As per MCA filings, the company had satisfied charges of ₹533.14 Cr on record.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is innovativetextile.co.in.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address81 Vigyan Vihar India, Delhi, Delhi, India – 110092
-
IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Innovative Textiles Limited
Innovative Textiles Limited has one previous CIN (Corporate Identification Number): U74899DL1993PTC055266. The current CIN is U74899DL1993PLC055266, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1993PLC055266 | Current |
| U74899DL1993PTC055266 | Previous |
Associated Brands with Innovative Textiles Limited
Innovative Textiles Limited operates one associated brand: Innovative Textiles. These brands represent Innovative Textiles Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Garments are manufactured on a contract basis by Innovative Textiles. | innovativetextiles.com |
Competitors & Alternatives of Innovative Textiles Limited
Brands and companies operating in the same space as Innovative Textiles Limited include Gokaldas Exports, Radhamani Group, Brand Concepts and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Gokaldas Exports
|
Apparel and clothing are manufactured and exported on contract. | Bengaluru, India, India | 1979 |
Radhamani Group
|
Sustainable garment manufacturing solutions are provided comprehensively. | Bengaluru, India, India | 2008 |
Brand Concepts
|
Contract manufacturing of bags, belts, wallets, and accessories is conducted. | Indore, India, India | 2007 |
Cupid
|
Contract manufacturer of male & female condoms | Nashik, India, India | 1993 |
Shahi
|
Garments are contract-manufactured by Shahi in apparel production. | Faridabad, India, India | 1974 |
FAZE THREE LIMITED
|
Home furnishings and automobile textiles are contract-manufactured. | Mumbai, India, India | 1985 |
Eastman Exports
|
Apparel products are manufactured under contract in India. | Tiruppur, India, India | 2003 |
SAPL Industries
|
Offers product development and manufacturing services to business customers in India. | Mumbai, India, India | 2001 |
Business Activity of Innovative Textiles Limited
Innovative Textiles Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Innovative Textiles Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Innovative Textiles Limited
Innovative Textiles Limited is audited by Shiv & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shiv & Associates | Locked | Locked | Locked |
Complete auditor history for Innovative Textiles Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Innovative Textiles Limited
Innovative Textiles Limited is currently managed by 3 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramjee Aruna | Director | 16 Jun 2023 | 3 Years 2 Months | As last reported |
|
Vydesh Ramkumar
Also directs:
Link Up Textiles Private Limited
|
Managing Director | 07 Oct 2022 | 3 Years 10 Months | As last reported |
|
Deepaksundaram Sundharam
Also directs:
Link Up Textiles Private Limited, Link Up Apparels Private Limited
|
Director | 29 Sep 2022 | 3 Years 10 Months | As last reported |
Financials of Innovative Textiles Limited FY 2024 filings available
Innovative Textiles Limited reported revenue of ₹98.32 Cr (down 31.00% YoY) for FY 2024.
Ten-year financial statements for Innovative Textiles Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Innovative Textiles Limited
Shareholding and ownership data for Innovative Textiles Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovative Textiles Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2022 | Indian Overseas Bank | ₹12 Lakh | Satisfied |
| 25 Nov 2021 | Indian Overseas Bank | ₹7.4 Cr | Satisfied |
| 21 Dec 2020 | Indian Overseas Bank | ₹10.52 Cr | Satisfied |
| 15 Jul 2017 | Others | ₹11.55 Lakh | Satisfied |
| 02 Jan 2016 | Indian Overseas Bank | ₹58.42 Cr | Satisfied |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Innovative Textiles Limited
Innovative Textiles Limited has a workforce of 225 employees as of Apr 07, 2024.
Employee and EPFO history for Innovative Textiles Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Innovative Textiles Limited
GST registrations and filing compliance for Innovative Textiles Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Innovative Textiles Limited
Credit ratings, litigation, and regulatory alerts for Innovative Textiles Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Innovative Textiles Limited
MSME payment history for Innovative Textiles Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Innovative Textiles Limited
Corporate group structure for Innovative Textiles Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Innovative Textiles Limited
MCA filings and documents for Innovative Textiles Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Innovative Textiles Limited
Frequently Asked Questions about Innovative Textiles Limited
Innovative Textiles Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Innovative Textiles Limited is a amalgamated public limited company in the manufacturing sector based in Delhi, India. It was incorporated on 17 September 1993 and is registered under CIN U74899DL1993PLC055266. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Innovative Textiles Limited was incorporated on 17 September 1993. Registered with ROC Delhi.
The current directors of Innovative Textiles Limited are:
- Ramjee Aruna - Director
- Vydesh Ramkumar - Managing Director
- Deepaksundaram Sundharam - Director
The CIN (Corporate Identification Number) of Innovative Textiles Limited is U74899DL1993PLC055266. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Innovative Textiles Limited is manufacturing. The company specifically operates in textile and fabric production.