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 of Innovators Apparels Private Limited
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 of Innovators Apparels Private Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 120 Sector – 67 Noida Gautam Budh Nagar, Uttar Pradesh, India – 201301
- IndustryFashion and Textile, Fashion Retail
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Financials of Innovators Apparels Private Limited FY 2024 filings available
Innovators 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) of Innovators Apparels Private Limited
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 of Innovators Apparels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹39.94 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32.82 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Innovators Apparels Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Innovators Apparels are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
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 of Innovators Apparels Private Limited
Innovators Apparels Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| 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 Limited this company | ₹40.4 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Noida, Uttar Pradesh, India |
| Mohini Oracles Private Limited | ₹40.38 Lakh (FY 2016) | •••• | •••• | 86.0% | •••• | Mumbai, Maharashtra, 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 |
| Ollypop Clothing Private Limited | ₹40.32 Lakh (FY 2024) | •••• | •••• | 154.0% | •••• | Kolkata, West Bengal, India |
| Surajbhan Commodities Private Limited | ₹40.31 Lakh (FY 2024) | •••• | •••• | 191.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Innovators Apparels by revenue in the Apparel industry (Apparel Retail and Distribution, Textile Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Innovators Apparels Private Limited
Innovators Apparels Private Limited is audited by RAKESH BRIJ & COMPANY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAKESH BRIJ & COMPANY | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Innovators Apparels Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Innovators Apparels Private Limited
Open charges
₹18.93 Cr
Satisfied charges
₹5.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2020 | Others | ₹43 Lakh | Open |
| 27 Feb 2020 | Others | ₹18.5 Cr | Open |
| 19 Feb 2018 | Others | ₹3 Cr | Satisfied |
| 04 May 2016 | Others | ₹2.5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Innovators Apparels Private Limited
Employment history and EPFO contributions of people linked to Innovators Apparels.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Innovators Apparels Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Innovators Apparels Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Innovators Apparels Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Innovators Apparels Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Innovators Apparels Private Limited
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 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Innovators Apparels Private Limited
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MCA filings and documents
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Frequently Asked Questions about Innovators Apparels Private Limited
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 reported revenue of ₹40.4 Lakh for FY 2025 (up 6% YoY).
Innovators Apparels has 3 current directors:
- Vinay Garg - Director
- Himanshu Garg - Director
- Yash Garg - Director
Innovators Apparels reported a net profit of ₹32.82 Lakh (net margin 81.2%) and EBITDA of ₹39.94 Lakh (EBITDA margin 98.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Innovators Apparels is 36% over three years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
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 5 more, all in the Apparel industry (Apparel Retail and Distribution, Textile Retail and Distribution).
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).