About Iraa Clothing Private Limited
Data last updated: 25 July 2025
Iraa Clothing Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of S.J. Financial Advisory Llp. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in denim and casual wear, a part of the broader fashion and textiles sector. Incorporated on 26 July 2005, the company has been in operation for over 21 years.
Registered with ROC Mumbai under CIN U17120MH2005PTC155066.
Capital: an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.07 Cr. Formerly known as Shagun Dyers Private Limited and Shagun Clothing Private Limited. It is led by directors including Shivam S Mishra and Prashant Jain.
Last AGM: 30 September 2022. Financial statements filed for year ended 31 March 2022. Office: Plot No. B – 7/3 Near Camlin Naka M.I.D.C Tarapur Boisar Palghar, Thane, Maharashtra, India – 401506.
As per the financials filed for FY 2022, the company reported a revenue of ₹31.53 Cr, a growth of 67% compared to the previous year.
The company has a workforce of approximately 479 employees as per the latest available data. It operates as a subsidiary of S.J. Financial Advisory Llp.
The company is associated with 1 brand - Iraa Clothing. As per MCA filings, the company has open charges of ₹29.85 Cr and satisfied charges of ₹59.84 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is iraaclothing.com.
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Registered AddressPlot No. B – 7/3 Near Camlin Naka M.I.D.C Tarapur Boisar Palghar, Thane, Maharashtra, India – 401506
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IndustryFashion and Textile, Denim & Casual Wear
- 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
Name History of Iraa Clothing Private Limited
Iraa Clothing Private Limited has undergone 2 name changes throughout its history. The company was previously known as Shagun Dyers Private Limited, and Shagun Clothing Private Limited. The current legal name is Iraa Clothing Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Iraa Clothing Private Limited | Current |
| Shagun Dyers Private Limited | Previous |
| Shagun Clothing Private Limited | Previous |
Associated Brands with Iraa Clothing Private Limited
Iraa Clothing Private Limited operates one associated brand: Iraa Clothing. These brands represent Iraa Clothing Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Functions as a brand specializing in bottom wear clothing. | iraaclothing.com |
Competitors & Alternatives of Iraa Clothing Private Limited
Brands and companies operating in the same space as Iraa Clothing Private Limited include Inditex, Hopscotch, Bewakoof and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Inditex
|
Retailer of fashion products | Arteixo, Spain, Spain | 1974 |
Hopscotch
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Apparel and accessories for children are provided online. | Thane, India, India | 2012 |
Bewakoof
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Multi-category fashion products are sold by an internet-first brand. | Mumbai, India, India | 2011 |
American Eagle Outfitters
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Multi-category fashion products for men and women are offered. | Pittsburgh, United States, United States | 1977 |
Styched
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Multi-category fashion for men and women is offered online. | Bengaluru, India, India | 2019 |
Levi Strauss
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Brand of fashion apparel for men and women | San Francisco, United States, United States | 1853 |
Max Fashion
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Internet first brand of clothing, footwear, and accessories for women, men, and kids | Bengaluru, India, India | 2006 |
Be Young
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Everyday fashion apparel, accessories, and combo options are retailed. | Udaipur, India, India | 2017 |
Business Activity of Iraa Clothing Private Limited
Iraa Clothing Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details for Iraa Clothing Private 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 Iraa Clothing Private Limited
Iraa Clothing Private Limited is audited by GUPTA LODHA & CO for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUPTA LODHA & CO | Locked | Locked | Locked |
Complete auditor history for Iraa Clothing Private 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 Iraa Clothing Private Limited
Iraa Clothing Private Limited is currently managed by 3 directors, with 10 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 |
|---|---|---|---|---|
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Shivam S Mishra
Also directs:
Innovative Marine Solutions Private Limited
|
Director | 30 Apr 2022 | 4 Years 2 Months | As last reported |
| Prashant Jain | Irp/Rp/Liquidator | 29 Sep 2023 | 2 Years 9 Months | As last reported |
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Archana Sunil Biyani
Also directs:
S.J. Financial Advisory Llp, R-Think Llp
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Director | 30 Nov 2020 | 5 Years 7 Months | As last reported |
Financials of Iraa Clothing Private Limited FY 2022 filings available
Iraa Clothing Private Limited reported revenue of ₹31.53 Cr (up 67.00% YoY) for FY 2022.
Ten-year financial statements for Iraa Clothing Private 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 Iraa Clothing Private Limited
Shareholding and ownership data for Iraa Clothing Private 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 Iraa Clothing Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2019 | Others | ₹29.39 Cr | Open |
| 05 May 2017 | Hdfc Bank Limited | ₹45.94 Lakh | Open |
| 29 Nov 2016 | Others | ₹31.8 Cr | Satisfied |
| 09 Dec 2013 | Others | ₹28.04 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Iraa Clothing Private Limited
Iraa Clothing Private Limited has a workforce of 479 employees as of Apr 08, 2024.
Employee and EPFO history for Iraa Clothing Private 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 Iraa Clothing Private Limited
GST registrations and filing compliance for Iraa Clothing Private 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 Iraa Clothing Private Limited
Credit ratings, litigation, and regulatory alerts for Iraa Clothing Private 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 Iraa Clothing Private Limited
MSME payment history for Iraa Clothing Private 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
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Subsidiaries & Group Companies of Iraa Clothing Private Limited
Corporate group structure for Iraa Clothing Private 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 Iraa Clothing Private Limited
MCA filings and documents for Iraa Clothing Private 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 Iraa Clothing Private Limited
Frequently Asked Questions about Iraa Clothing Private Limited
Iraa Clothing Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Iraa Clothing Private Limited is a company under insolvency, formerly operating as a private limited company in the fashion and textile sector based in Thane, Maharashtra, India. It was incorporated on 26 July 2005 and is registered under CIN U17120MH2005PTC155066. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Iraa Clothing Private Limited reported revenue of ₹31.53 Cr for FY 2022 (up 67.00% YoY).
The current directors of Iraa Clothing Private Limited are:
- Shivam S Mishra - Director
- Prashant Jain - Irp/Rp/Liquidator
- Archana Sunil Biyani - Director
The CIN (Corporate Identification Number) of Iraa Clothing Private Limited is U17120MH2005PTC155066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iraa Clothing Private Limited has open charges of ₹29.85 Cr and satisfied charges of ₹59.84 Cr as per latest MCA filings.