MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-UP-28-0000801
Innovators Apparels Private Limited
Innovators Apparels Private Limited - fashion and textile in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.4 Lakh
▲ 6% YoY
Net profit · FY 2025
₹32.82 Lakh
Net margin 81.2%
EBITDA · FY 2025
₹39.94 Lakh
EBITDA margin 98.9%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹18.93 Cr
Satisfied ₹5.5 Cr
Company age
17 yrs
Est. 2009
Directors on board
3
As per MCA filings
About Innovators Apparels Private Limited
Data last updated:
Innovators Apparels Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Yashika Diamonds Private Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 30 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U18109UP2009PTC095251. Its GSTIN is 09AACCI0695Q1ZW (Uttar Pradesh).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Vinay Garg and Himanshu Garg.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 120 Sector – 67 Noida Gautam Budh Nagar, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.4 Lakh, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹32.82 Lakh (net margin 81.2%) and EBITDA of ₹39.94 Lakh (EBITDA margin 98.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
As per MCA filings, the company has open charges of ₹18.93 Cr and satisfied charges of ₹5.5 Cr on record.
Innovators Apparels Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0000801). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18109UP2009PTC095251
Registration Number 095251
Incorporation Date 30 April 2009
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Yashika Diamonds Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-28-0000801
CIN history
Innovators Apparels has one previous CIN (Corporate Identification Number): U18109DL2009PTC189860. The current CIN is U18109UP2009PTC095251, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18109UP2009PTC095251 | Current |
| U18109DL2009PTC189860 | Previous |
Recognitions & Rankings of Innovators Apparels
Contact details
Innovators Apparels Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 120 Sector – 67 Noida Gautam Budh Nagar, Uttar Pradesh, India – 201301
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Innovators Apparels Private Limited, buy the company report.
Comprehensive company report
Innovators Apparels Private Limited - one report that includes everything
- 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
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Financials of Innovators Apparels Private Limited
FY 2024 filings availableInnovators Apparels Private Limited reported revenue of ₹40.4 Lakh (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹40.4 Lakh ▲ 6%
Net profit · FY 2025
₹32.82 Lakh margin 81.2%
EBITDA · FY 2025
₹39.94 Lakh margin 98.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 42%
5 years · compounded
▲ 64%
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 6% growth in the latest year. EBITDA rose 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹39.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.82 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.9% | ||||
| Net Profit Margin | 81.2% | ||||
| 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 | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Innovators Apparels Private Limited, buy the company report.
Board of directors of Innovators Apparels Private Limited
Innovators Apparels has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Garg Also directs: Hemlata Realtors LLP, Yashika Diamonds Private Limited, Yashika Homes Private Limited and 1 more | Director | 02 Dec 2019 | 6 Years 10 Months | Current |
| Himanshu Garg Also directs: Yashika Diamonds Private Limited | Director | 02 Dec 2019 | 6 Years 10 Months | Current |
| Yash Garg Also directs: Yashika Diamonds Private Limited, VMD Resort Private Limited | Director | 02 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Innovators Apparels Private Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matashree Vyapaar Pvt Ltd | ₹40.56 Lakh (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Greenfield Vintrade Private Limited | ₹40.47 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Friendsco Garments Private Limited | ₹40.46 Lakh (FY 2023) | -18.0% | North 24 Parganas, West Bengal, India | |||
| Spica Marketing Private Limited | ₹40.44 Lakh (FY 2022) | 79.0% | Gurgaon, Haryana, India | |||
| Rupam Textile Engineering Private Limited | ₹40.44 Lakh (FY 2018) | -29.0% | Surat, Gujarat, India | |||
| Innovators Apparels Private Limitedthis company | ₹40.4 Lakh (FY 2025) | ₹32.82 Lakh | 81.2% | 6.0% | Noida, Uttar Pradesh, India | |
| Legacy Mercantile Limited | ₹40.35 Lakh (FY 2021) | -62.0% | New Delhi, Delhi, India | |||
| Alfavision Fibres Private Limited | ₹40.33 Lakh (FY 2025) | -23.0% | Indore, Madhya Pradesh, India | |||
| Surajbhan Commodities Private Limited | ₹40.31 Lakh (FY 2024) | 191.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Innovators Apparels Private Limited, buy the company report.
Auditor
Innovators Apparels Private Limited is audited by RAKESH BRIJ & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH BRIJ & COMPANY | FY 2023 | 020620N |
Shareholding
The shareholding of Innovators Apparels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Innovators Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18.93 Cr
Satisfied charges
₹5.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2020 | 100399954 | Others | ₹43 Lakh | Open | |
| 27 Feb 2020 | 100328542 | Others | ₹18.5 Cr | Open | |
| 19 Feb 2018 | 100156647 | Others | ₹3 Cr | Satisfied | |
| 04 May 2016 | 100029466 | Others | ₹2.5 Cr | Satisfied |
To see the full charge records of Innovators Apparels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Innovators Apparels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Innovators Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Innovators Apparels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCI0695Q1ZW | Uttar Pradesh | Active | 01 Apr 2022 |
To see the full GST registrations and return filing status of Innovators Apparels Private Limited, buy the company report.
Recent activity
Innovators Apparels Private Limited has 11 board changes on record since 2015: 3 appointments and 8 cessations. The latest: Himanshu Garg ceased to be Additional Director on 28 Dec 2020.
Charges
A charge with Others of Rs. 1,850.00 Lakh registered on 27 Feb 2020 with Charge ID 100328542 was modified on 14 Jul 2025.
AGM
Innovators Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Innovators Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Ceased
Himanshu Garg ceased to be Additional Director.
Ceased
Yash Garg ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 43.00 Lakh with Charge ID 100399954 was registered on 25 Nov 2020.
Charges
A charge with Others amounted to Rs. 1,850.00 Lakh with Charge ID 100328542 was registered on 27 Feb 2020.
Charges
A charge registered on 19 Feb 2018 via Charge ID 100156647 with Others was fully satisfied on 21 Feb 2020.
Ceased
Suresh Chand Gupta ceased to be Director.
Appointed
Himanshu Garg was appointed as Director.
Appointed
Vinay Garg was appointed as Director.
Appointed
Yash Garg was appointed as Director.
9 earlier events are in the company report.
Frequently asked questions
Innovators Apparels is an active private limited company based in Noida, Uttar Pradesh, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 30 April 2009 (17+ years old) and is registered under CIN U18109UP2009PTC095251.
Innovators Apparels has 3 current directors:
- Vinay Garg - Director
- Himanshu Garg - Director
- Yash Garg - Director
The latest financial statements of Innovators Apparels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Innovators Apparels is 09AACCI0695Q1ZW, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Innovators Apparels is U18109UP2009PTC095251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Innovators Apparels was incorporated on 30 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Innovators Apparels by revenue are Matashree Vyapaar Pvt Ltd, Greenfield Vintrade Private Limited, Friendsco Garments Private Limited, Spica Marketing Private Limited, Rupam Textile Engineering Private Limited and 3 more, all in the Apparel industry (Apparel Retail and Distribution, Textile Retail and Distribution), with the same principal business activity (retail trading).
Himanshu Garg ceased to be Additional Director on 28 Dec 2020. Yash Garg ceased to be Additional Director on 28 Dec 2020. Suresh Chand Gupta ceased to be Director on 16 Dec 2019. Innovators Apparels has 11 board changes on record in total.
Yes, Innovators Apparels is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0000801).
The registered office of Innovators Apparels is at B – 120 Sector – 67 Noida Gautam Budh Nagar, Uttar Pradesh, India – 201301.
Innovators Apparels operates in the fashion and textile industry, in the fashion retail segment.