MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-UP-43-0006838
Jagmini Micro Knit Private Limited - fashion and textile in Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹50.69 Cr
▼ 9% YoY
Net profit · FY 2024
₹95.68 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹4.26 Cr
EBITDA margin 8.4%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.34 Cr
Issued & subscribed
Open charges
₹33.02 Cr
Satisfied ₹17.57 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
510
Provident fund records
About Jagmini Micro Knit Private Limited
Data last updated:
Jagmini Micro Knit Private Limited is a private limited company based in Uttar Pradesh, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 26 April 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U18101UP1994PTC016374. Its GSTIN is 09AAACJ3405B1Z6 (Uttar Pradesh).
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.34 Cr. It is led by directors including Devendra Mohan Gupta (Managing Director) and Dinesh Prasad Gupta (Whole-Time Director).
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 C – 19 Panki Industrial Area Kanpur, Uttar Pradesh, India – 208022.
As per the financials filed for FY 2024, the company reported a revenue of ₹50.69 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹95.68 Lakh (net margin 1.9%) and EBITDA of ₹4.26 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 6% over five years.
The company has about 510 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Jagmini. As per MCA filings, the company has open charges of ₹33.02 Cr and satisfied charges of ₹17.57 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Jagmini Micro Knit Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-43-0006838). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jagmini.com.
Company details
CIN U18101UP1994PTC016374
Registration Number 016374
Incorporation Date 26 April 1994
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-UP-43-0006838
Key People
Devendra Mohan Gupta Managing Director Dinesh Prasad Gupta Whole-Time Director Rahul Gupta Whole-Time Director Recognitions & Rankings of Jagmini Micro Knit
Contact details
Jagmini Micro Knit Private Limited's registered office is in Uttar Pradesh. Its website is jagmini.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 19 Panki Industrial Area Kanpur, Uttar Pradesh, India – 208022
- IndustryFashion and Textile, Innerwear
To see the full contact details of Jagmini Micro Knit Private Limited, buy the company report.
Comprehensive company report
Jagmini Micro Knit 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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Secure checkout · GST invoice included
Brands
Jagmini Micro Knit operates one associated brand: Jagmini. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of micro knit products and related services in India. | jagmini.com |
Business activity
The main business activity of Jagmini Micro Knit 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 Jagmini Micro Knit Private Limited, buy the company report.
Financials of Jagmini Micro Knit Private Limited
FY 2025 filings availableJagmini Micro Knit Private Limited reported revenue of ₹50.69 Cr (down 9% YoY) for FY 2024.
Revenue · FY 2024
₹50.69 Cr ▼ 9%
Net profit · FY 2024
₹95.68 Lakh margin 1.9%
EBITDA · FY 2024
₹4.26 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 25%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 27%
5 years · compounded
▼ 7%
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹4.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹95.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Jagmini Micro Knit Private Limited, buy the company report.
Board of directors of Jagmini Micro Knit Private Limited
Jagmini Micro Knit has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Prasad Gupta Also directs: Jagran Micro Motors Limited | Whole-Time Director | 01 Dec 2021 | 4 Years 10 Months | Current |
| Devendra Mohan Gupta | Managing Director | 01 Aug 1994 | 32 Years 2 Months | Current |
| Rahul Gupta Also directs: Jagran Micro Motors Limited, Anikarth Ventures LLP, Music Broadcast Limited and 2 more | Whole-Time Director | 10 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Jagmini Micro Knit Private Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jay Kay Hosiery Mills Private Limited | ₹52.02 Cr (FY 2023) | 90.0% | Ludhiana, Punjab, India | |||
| Jindalsocks Global Private Limited | ₹51.59 Cr (FY 2024) | 53.0% | Delhi, India | |||
| Ghewoba Knit Fab Private Limited | ₹51.29 Cr (FY 2024) | -34.0% | Mumbai, Maharashtra, India | |||
| Aniket Textiles Private Limited | ₹50.96 Cr (FY 2025) | 1.0% | Kolkata, West Bengal, India | |||
| Jagmini Micro Knit Private Limitedthis company | ₹50.69 Cr (FY 2024) | ₹95.68 Lakh | 1.9% | -9.0% | 510 | Uttar Pradesh, India |
| Belle Wears Pvt Ltd | ₹50.21 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Saanvi Clothing Private Limited | ₹49.02 Cr (FY 2025) | 50.0% | Mumbai, Maharashtra, India | |||
| Spenta International Limited | ₹48.68 Cr (FY 2025) | 34.0% | Thane, Maharashtra, India | |||
| Anchi Apparels Private Limited | ₹47.75 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India |
To see the full peer comparison of Jagmini Micro Knit Private Limited, buy the company report.
Auditor
Jagmini Micro Knit Private Limited is audited by J. N. SHARMA & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. N. SHARMA & COMPANY | FY 2023 | 000833C |
Shareholding
The shareholding of Jagmini Micro Knit Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Jagmini Micro Knit Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.02 Cr
Satisfied charges
₹17.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Sep 2019 | 100295416 | Hdfc Bank Limited | ₹32.02 Cr | Open | |
| 23 Feb 1999 | 90275033 | Central Bank of India | ₹1 Cr | Open | |
| 17 Sep 2015 | 10609361 | State Bank of India | ₹9.55 Cr | Satisfied | |
| 12 Feb 2009 | 10143144 | Small Industries Development Bank of India | ₹30.45 Lakh | Satisfied | |
| 17 May 2005 | 90276156 | Small Industries Development Bank of India | ₹1.15 Cr | Satisfied |
To see the full charge records of Jagmini Micro Knit Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Jagmini Micro Knit Private Limited has 2 court cases on record: 2 filed by Jagmini Micro Knit. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. Ministry of Labour Deptt. and Ors. | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Original Suit) | Filed by the company against an individual | Disposed |
To see the full case history of Jagmini Micro Knit 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.
Credit ratings & regulatory alerts
Jagmini Micro Knit Private Limited was last rated by Crisil on 18 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Nov 2020 |
To see the full credit ratings and regulatory alerts of Jagmini Micro Knit Private Limited, buy the company report.
MSME payment delays
Jagmini Micro Knit Private Limited has 10 MSME Form 1 returns on record between 2020 and 2024, listing 311 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| HK Labels India Private Limited | |||
| Saraswati Calender Company | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Jagmini Micro Knit Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Jagmini Micro Knit Private Limited has a workforce of 510 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
510
Active EPFO establishments
1
Employee growth
-9.73%
GST
Jagmini Micro Knit has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACJ3405B1Z6 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Jagmini Micro Knit Private Limited, buy the company report.
Recent activity
Jagmini Micro Knit Private Limited has 7 board changes on record since 1994: 3 appointments and 4 cessations. The latest: Bhanwar Lal Kothiwal ceased to be Director on 29 Apr 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 32.02 Cr registered on 23 Sep 2019 with Charge ID 100295416 was modified on 10 Oct 2025.
AGM
Jagmini Micro Knit Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jagmini Micro Knit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Ceased
Bhanwar Lal Kothiwal ceased to be Director.
Charges
A charge registered on 27 Jul 2002 via Charge ID 90280137 with Canara Bank was fully satisfied on 23 Dec 2021.
Appointed
Dinesh Prasad Gupta was appointed as Whole-Time Director.
Charges
A charge registered on 17 Sep 2015 via Charge ID 10609361 with State Bank Of India was fully satisfied on 20 Nov 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 32.02 Cr with Charge ID 100295416 was registered on 23 Sep 2019.
Ceased
Rahul Gupta ceased to be Director.
Ceased
Surendra Singh Bishnoi ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 9.55 Cr registered on 17 Sep 2015 with Charge ID 10609361 was modified on 07 Apr 2018.
Charges
A charge with State Bank Of India amounted to Rs. 9.55 Cr with Charge ID 10609361 was registered on 17 Sep 2015.
16 earlier events are in the company report.
Frequently asked questions
Jagmini Micro Knit is an active private limited company based in Uttar Pradesh, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 26 April 1994 (32+ years old) and is registered under CIN U18101UP1994PTC016374.
Jagmini Micro Knit has 3 current directors:
- Devendra Mohan Gupta - Managing Director
- Dinesh Prasad Gupta - Whole-Time Director
- Rahul Gupta - Whole-Time Director
The latest financial statements of Jagmini Micro Knit 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 Jagmini Micro Knit is 09AAACJ3405B1Z6, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Jagmini Micro Knit is U18101UP1994PTC016374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jagmini Micro Knit has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Jagmini Micro Knit was incorporated on 26 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Jagmini Micro Knit by revenue are Jay Kay Hosiery Mills Private Limited, Jindalsocks Global Private Limited, Ghewoba Knit Fab Private Limited, Aniket Textiles Private Limited, Belle Wears Pvt Ltd and 3 more, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Bhanwar Lal Kothiwal ceased to be Director on 29 Apr 2022. Dinesh Prasad Gupta was appointed as Whole-Time Director on 01 Dec 2021. Rahul Gupta ceased to be Director on 01 Jan 2019. Jagmini Micro Knit has 7 board changes on record in total.
Yes, Jagmini Micro Knit is registered as an MSME under Udyam registration (number: UDYAM-UP-43-0006838).
Jagmini Micro Knit has 10 MSME Form 1 returns on record between 2020 and 2024, listing 311 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Jagmini Micro Knit can be reached through the website jagmini.com. Its registered office is in Uttar Pradesh, India.