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Itone Latex Private Limited - healthcare in Kudasan, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.23 Cr
▲ 233% YoY
Net loss · FY 2024
₹1.97 Lakh
Net margin -0.3%
EBITDA · FY 2024
₹6.46 Lakh
EBITDA margin 1%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
About Itone Latex Private Limited
Data last updated:
Itone Latex Private Limited is a private limited company based in Kudasan, Gujarat, India, recognised as a startup by DPIIT. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 07 September 2022.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33309GJ2022PTC135295. Its GSTIN is 24AAGCI8389D1ZC (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Ankita Girish Mittal (Managing Director) and Khusalbhai Makawana.
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 Office No507 Shree Ugati Corporate Park, Kudasan, Gujarat, India – 382421.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.97 Lakh (net margin -0.3%) and EBITDA of ₹6.46 Lakh (EBITDA margin 1%).
As per MCA filings, the company has open charges of ₹60 Lakh on record.
Itone Latex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0018263). For more details, the company can be reached via its website itoneindia.com.
Company details
CIN U33309GJ2022PTC135295
Registration Number 135295
Incorporation Date 07 September 2022
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-09-0018263
Recognitions & Rankings of Itone Latex
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-GJ-09-0018263
Contact details
Itone Latex Private Limited's registered office is in Kudasan, Gujarat. Its website is itoneindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No507 Shree Ugati Corporate Park, Kudasan, Gujarat, India – 382421
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Itone Latex Private Limited, buy the company report.
Comprehensive company report
Itone Latex Private Limited - one report that includes everything
- 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
The main business activity of Itone Latex is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Itone Latex Private Limited, buy the company report.
Financials of Itone Latex Private Limited
FY 2025 filings availableItone Latex Private Limited reported revenue of ₹6.23 Cr (up 233% YoY) for FY 2024.
Revenue · FY 2024
₹6.23 Cr ▲ 233%
Net loss · FY 2024
₹1.97 Lakh margin -0.3%
EBITDA · FY 2024
₹6.46 Lakh margin 1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 233%
EBITDA CAGR growth
1 year
▲ 392%
Revenue rose 233% in the latest year. EBITDA rose 392% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹6.46 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.97 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 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 1% | |
| Net Profit Margin | -0.3% | |
| 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 Itone Latex Private Limited, buy the company report.
Board of directors of Itone Latex Private Limited
Itone Latex has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankita Girish Mittal | Managing Director | 07 Sep 2022 | 4 Years 1 Months | Current |
| Khusalbhai Makawana | Director | 07 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Itone Latex Private Limited is audited by B K Chavda & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K Chavda & Co | FY 2023 | 0125064W |
Shareholding
The shareholding of Itone Latex Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Itone Latex Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2023 | 100689396 | Others | ₹60 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Itone Latex 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 Itone Latex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Itone Latex Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
Active EPFO establishments
1
GST
Itone Latex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCI8389D1ZC | Gujarat | Active | 10 Sep 2022 |
To see the full GST registrations and return filing status of Itone Latex Private Limited, buy the company report.
Recent activity
Itone Latex Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Ankita Girish Mittal was appointed as Managing Director on 07 Sep 2022.
AGM
Itone Latex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Itone Latex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100689396 was registered on 10 Feb 2023.
Appointed
Ankita Girish Mittal was appointed as Managing Director.
Appointed
Khusalbhai Makawana was appointed as Director.
Incorporation
07 Sep 2022
Itone Latex Private Limited was registered on 07 Sep 2022 with Roc Ahmedabad & aged 4 years 1 month as per MCA records.
Frequently asked questions
Itone Latex is an active private limited company based in Kudasan, Gujarat, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 07 September 2022 (4+ years old) and is registered under CIN U33309GJ2022PTC135295.
Itone Latex has 2 current directors:
- Ankita Girish Mittal - Managing Director
- Khusalbhai Makawana - Director
The latest financial statements of Itone Latex 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 FY 2023 are in the company report.
The GSTIN of Itone Latex is 24AAGCI8389D1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Itone Latex is U33309GJ2022PTC135295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Itone Latex was incorporated on 07 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ankita Girish Mittal was appointed as Managing Director on 07 Sep 2022. Khusalbhai Makawana was appointed as Director on 07 Sep 2022.
Yes, Itone Latex is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Itone Latex is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-09-0018263).
Itone Latex can be reached through the website itoneindia.com. Its registered office is in Kudasan, Gujarat, India.
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