Ishan Clothes Private Limited
About Ishan Clothes Private Limited
Data last updated:
Ishan Clothes Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2011PTC066969. Its GSTIN is 23AACCI7042K1ZN (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sangeeta Bagada and Surendra Bagada.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1003 Sakar – 5 Behind Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.14 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹21.72 Lakh (net margin 3.5%) and EBITDA of ₹63.2 Lakh (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.45 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ishan Clothes Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1003 Sakar – 5 Behind Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Ishan Clothes Private Limited, buy the company report.
- 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
Financials of Ishan Clothes Private Limited
FY 2025 filings availableIshan Clothes Private Limited reported revenue of ₹6.14 Cr (down 1% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA rose 4% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹6.14 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹63.2 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹21.72 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.3% | ||
| Net Profit Margin | 3.5% | ||
| 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 | |||
To see the full financial statements and ratios of Ishan Clothes Private Limited, buy the company report.
Board of directors of Ishan Clothes Private Limited
Ishan Clothes has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Bagada | Director | 21 Mar 2016 | 10 Years 7 Months | Current |
| Surendra Bagada | Additional Director | 27 Feb 2015 | 11 Years 7 Months | Current |
Auditor
Ishan Clothes Private Limited is audited by B S RAJPUT & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S RAJPUT & ASSOCIATES | FY 2017 | 119760W |
Shareholding
The shareholding of Ishan Clothes Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ishan Clothes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2014 | 10478742 | Others | ₹1.45 Cr | Open |
To see the full charge records of Ishan Clothes Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Ishan Clothes Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (EC) | Filed against the company by Kotak Mahindra Bank Limited Sinha and Co. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by M/S Indusind Bank Ltd | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
To see the full case history of Ishan Clothes Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ishan Clothes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ishan Clothes Private Limited has a workforce of 5 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ishan Clothes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCI7042K1ZN | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ishan Clothes Private Limited, buy the company report.
Recent activity
Ishan Clothes Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Sunil Katta ceased to be Additional Director on 29 Mar 2016.
Frequently asked questions
Ishan Clothes is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 September 2011 (15+ years old) and is registered under CIN U18101GJ2011PTC066969.
Ishan Clothes has 2 current directors:
- Sangeeta Bagada - Director
- Surendra Bagada - Additional Director
The latest financial statements of Ishan Clothes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ishan Clothes is 23AACCI7042K1ZN, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Ishan Clothes is U18101GJ2011PTC066969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishan Clothes has 3 court cases on record: 3 filed against it. Most are in the district courts.
Ishan Clothes was incorporated on 01 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sunil Katta ceased to be Additional Director on 29 Mar 2016. Sangeeta Bagada was appointed as Director on 21 Mar 2016. Rakesh Sharma ceased to be Director on 27 Feb 2015. Ishan Clothes has 7 board changes on record in total.
The registered office of Ishan Clothes is at 1003 Sakar – 5 Behind Natraj Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.
Ishan Clothes operates in the manufacturing industry, in the textile and fabric production segment.