About Isvarah Apparels Private Limited
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Isvarah Apparels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 20 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2006PTC164768. Its GSTIN is 27AABCI5751L1ZA (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Rakesh Manoharlal Kukreja (Managing Director) and Prakash Tikamdas Kukreja.
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 First Floor Punjabi Department Stores Gandhi Market King Circle Sion (East), Mumbai, Maharashtra, India – 400022.
As per the financials filed for FY 2025, the company reported a revenue of ₹54 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹15.52 Lakh (net margin 28.7%) and EBITDA of ₹22.3 Lakh (EBITDA margin 41.3%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 33% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹6.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website isvarah.com.
Company details
Contact details
Isvarah Apparels Private Limited's registered office is in Mumbai, Maharashtra. Its website is isvarah.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressFirst Floor Punjabi Department Stores Gandhi Market King Circle Sion (East), Mumbai, Maharashtra, India – 400022
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Isvarah Apparels 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
Business activity
The main business activity of Isvarah Apparels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Isvarah Apparels Private Limited, buy the company report.
Financials of Isvarah Apparels Private Limited
FY 2025 filings availableIsvarah Apparels Private Limited reported revenue of ₹54 Lakh (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 71% fall in the latest year. EBITDA rose 199% 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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| EBITDA | ₹22.3 Lakh | ||||
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| Net Profit (PAT) | ₹15.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 41.3% | ||||
| Net Profit Margin | 28.7% | ||||
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To see the full financial statements and ratios of Isvarah Apparels Private Limited, buy the company report.
Board of directors of Isvarah Apparels Private Limited
Isvarah Apparels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Manoharlal Kukreja | Managing Director | 20 Sep 2006 | 20 Years 1 Months | Current |
| Prakash Tikamdas Kukreja | Director | 20 Sep 2006 | 20 Years 1 Months | Current |
Peer comparison
Isvarah Apparels Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Ethnic Wear), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gangamaa Vintrade Private Limited | ₹57.63 Lakh (FY 2025) | -66.0% | Kolkata, West Bengal, India | |||
| Swastika Sarees Private Limited | ₹56.97 Lakh (FY 2024) | 56.0% | Kolkata, West Bengal, India | |||
| Isvarah Apparels Private Limitedthis company | ₹54 Lakh (FY 2025) | ₹15.52 Lakh | 28.7% | -71.0% | 3 | Mumbai, Maharashtra, India |
| B & D Studio Private Limited | ₹50.78 Lakh (FY 2016) | -96.0% | Surat, Gujarat, India |
To see the full peer comparison of Isvarah Apparels Private Limited, buy the company report.
Auditor
Isvarah Apparels Private Limited is audited by U S GANDHI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U S GANDHI & CO | FY 2021 | 103044W |
Shareholding
The shareholding of Isvarah Apparels Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Isvarah Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2007 | 10066978 | Hdfc Bank Limited | ₹6.45 Cr | Satisfied |
To see the full charge records of Isvarah Apparels Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Isvarah 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 Isvarah Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Isvarah Apparels Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Isvarah Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI5751L1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Isvarah Apparels Private Limited, buy the company report.
Recent activity
Isvarah Apparels Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Prakash Tikamdas Kukreja ceased to be Managing Director on 01 Jul 2014.
Frequently asked questions
Isvarah Apparels is an active private limited company based in Mumbai, Maharashtra, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 20 September 2006 (20+ years old) and is registered under CIN U17299MH2006PTC164768.
Isvarah Apparels has 2 current directors:
- Rakesh Manoharlal Kukreja - Managing Director
- Prakash Tikamdas Kukreja - Director
The latest financial statements of Isvarah Apparels 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 Isvarah Apparels is 27AABCI5751L1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Isvarah Apparels is U17299MH2006PTC164768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Isvarah Apparels was incorporated on 20 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Isvarah Apparels by revenue are Gangamaa Vintrade Private Limited, Swastika Sarees Private Limited, B & D Studio Private Limited, all in the Apparel industry (Ethnic Wear), with the same principal business activity (wholesale trading).
Prakash Tikamdas Kukreja ceased to be Managing Director on 01 Jul 2014. Rakesh Manoharlal Kukreja ceased to be Director on 01 Jul 2014. Prakash Tikamdas Kukreja was appointed as Director on 20 Sep 2006. Isvarah Apparels has 4 board changes on record in total.
Isvarah Apparels can be reached through the website isvarah.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Isvarah Apparels is at First Floor Punjabi Department Stores Gandhi Market King Circle Sion East, Mumbai, Maharashtra, India – 400022.
Isvarah Apparels operates in the fashion and textile industry, in the traditional and ethnic wear segment.
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