Ith Exports Private Limited
About Ith Exports Private Limited
Data last updated:
Ith Exports Private Limited is a private limited company based in Indore, Madhya Pradesh, India. The company is currently classified as dormant under Section 455 of the Companies Act - it is legally registered but has declared that it is not conducting any business operations. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 07 November 2017.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51909MP2017PTC044459. Its GSTIN is 23AAECI6732J1ZK (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 Kunal Prakash Arya and Vaibhav Kumresh.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 3rd Floor Sn Arcade Scheme No. 78 Part – 2 Vijay Nagar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.72 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹13.56 Lakh (net margin -498.8%) and EBITDA of -₹12.93 Lakh (EBITDA margin -475.6%).
As per MCA filings, the company has satisfied charges of ₹11 Lakh on record.
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- Registered Address3rd Floor Sn Arcade Scheme No. 78 Part – 2 Vijay Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryFashion and Textile, Fashion Retail
- 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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Business Activity of Ith Exports Private Limited
The main business activity of Ith Exports is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ith Exports Private Limited FY 2021 filings available
Ith Exports Private Limited reported revenue of ₹2.72 Lakh (down 85% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Ith Exports Private Limited
Revenue fell 85% 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 Ith Exports Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| 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 | -₹12.93 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.56 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 Ith Exports Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -475.6% | •••• | •••• | •••• |
| Net Profit Margin | -498.8% | •••• | •••• | •••• |
| 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 Ith Exports are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Ith Exports Private Limited
Ith Exports Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel 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 |
|---|---|---|---|---|---|---|
| S G S Fashion Private Limited | ₹2.76 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
| Similar Feathers Private Limited | ₹2.76 Lakh (FY 2021) | •••• | •••• | -60.0% | •••• | Moradabad, Uttar Pradesh, India |
| Rider Knits Private Limited | ₹2.75 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Delhi, India |
| Akpj Garments Private Limited | ₹2.73 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Greater Noida, Uttar Pradesh, India |
| 7Xone Trade and Agencies Private Limited | ₹2.72 Lakh (FY 2025) | •••• | •••• | 1815.0% | •••• | Delhi, India |
| Ith Exports Private Limited this company | ₹2.72 Lakh (FY 2021) | •••• | •••• | -85.0% | •••• | Indore, Madhya Pradesh, India |
| Parshwanath Apparels Private Limited | ₹2.71 Lakh (FY 2018) | •••• | •••• | -16.0% | •••• | Bhopal, Madhya Pradesh, India |
| Quality Dealtrade Private Limited | ₹2.71 Lakh (FY 2022) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Neoprosper Trade Private Limited | ₹2.68 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Bangalore, Karnataka, India |
| Apercu Design Studio Private Limited | ₹2.68 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Haniya Industry Private Limited | ₹2.67 Lakh (FY 2020) | •••• | •••• | -61.0% | •••• | Siddharth Nagar, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ith Exports by revenue in the Apparel industry (Apparel 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 Ith Exports Private Limited
Ith Exports Private Limited is audited by HEMANT SHAH & ASSOCIATES LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HEMANT SHAH & ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ith Exports Private Limited
Ith Exports has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Prakash Arya Also directs: Karmodaya Foundation | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
| Vaibhav Kumresh Also directs: Karmodaya Foundation | Director | 07 Nov 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Ith Exports Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ith Exports Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jan 2020 | Others | ₹11 Lakh | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ith Exports Private Limited
Employment history and EPFO contributions of people linked to Ith Exports.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Ith Exports Private Limited
Ith Exports Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Kunal Prakash Arya was appointed as Director on 07 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Ith Exports Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Ith Exports Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ith Exports Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Ith Exports Private Limited
Ith Exports has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECI6732J1ZK | Madhya Pradesh | Active | 06 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Ith Exports Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ith Exports Private Limited
Ith Exports is classified as "Dormant" under Section 455 of the Companies Act. This means the company is legally registered but has officially declared that it is not currently conducting any business operations. A dormant company can be reactivated by following the prescribed procedures with the Registrar of Companies.
Ith Exports is a dormant private limited company based in Indore, Madhya Pradesh, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 07 November 2017 and is registered under CIN U51909MP2017PTC044459. The company is legally registered but not currently conducting business.
The compliance status of Ith Exports is compliant as of 10 August 2026.
Ith Exports has 2 current directors:
- Kunal Prakash Arya - Director
- Vaibhav Kumresh - Director
The CIN (Corporate Identification Number) of Ith Exports is U51909MP2017PTC044459. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ith Exports was incorporated on 07 November 2017. It is registered with the Registrar of Companies, Gwalior.
The registered office of Ith Exports is at 3rd Floor Sn Arcade Scheme No. 78 Part – 2 Vijay Nagar, Indore, Madhya Pradesh, India – 452001.
Ith Exports reported revenue of ₹2.72 Lakh for FY 2021 (down 85% YoY).
Ith Exports has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Ith Exports reported a net loss of ₹13.56 Lakh (net margin -498.8%) and EBITDA of -₹12.93 Lakh (EBITDA margin -475.6%) for FY 2021, as per its filed financial statements.
The GSTIN of Ith Exports is 23AAECI6732J1ZK, registered in Madhya Pradesh.