Jaygarments India Private Limited

Jaygarments India Private Limited - fashion and textile in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17299GJ2017PTC098762 Incorporated 21 August 2017 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company fashion and textile DPIIT Startup MSME · Medium
Data last updated
Revenue · FY 2023
₹57.2 Cr
▲ 37% YoY
Net profit · FY 2023
₹58.34 Lakh
Net margin 1%
EBITDA · FY 2023
₹3.94 Cr
EBITDA margin 6.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹13.97 Lakh
Issued & subscribed
Open charges
₹9.07 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
521
Provident fund records

About Jaygarments India Private Limited

Data last updated:

Jaygarments India Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 21 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2017PTC098762. Its GSTIN is 24AAZCS1069D1Z4 (Gujarat). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹13.97 Lakh. It was formerly known as Jay Garments Private Limited. It is led by directors Vishalkumar Jajoo and Vipinkumar Ratanlal Jajoo.

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 Sachin Apparel Park, Surat, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹57.2 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹58.34 Lakh (net margin 1%) and EBITDA of ₹3.94 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 85% over five years.

The company has about 521 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹9.07 Cr on record.

Jaygarments India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0034170). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jaygarments.com.

Company details

CIN U17299GJ2017PTC098762
Registration Number 098762
Incorporation Date 21 August 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0034170

Name history

Jaygarments India has undergone 3 name changes throughout its history. The company was previously known as Jay Garments India Private Limited, Jay Garments Private Limited, and Shrey Fashion And Retail Private Limited. The current legal name is Jaygarments India Private Limited.

Company NameStatus
Jaygarments India Private LimitedCurrent
Jay Garments India Private LimitedPrevious
Jay Garments Private LimitedPrevious
Shrey Fashion And Retail Private LimitedPrevious
Key People
Vishalkumar Jajoo Director Vipinkumar Ratanlal Jajoo Director

Recognitions & Rankings of Jaygarments India

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-22-0034170

Contact details

Jaygarments India Private Limited's registered office is in Surat, Gujarat. Its website is jaygarments.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    jaygarments.com
  • Registered Address
    P – 104 Ancilar Zone Opp. Sachin Apparel Park Opp. Tulsi Hotel Off Sachin Navsari Roa, D Sachin, Surat, Gujarat, India – 394230
  • Industry
    Fashion and Textile, Designer & Branded Fashion

To see the full contact details of Jaygarments India Private Limited, buy the company report.

Comprehensive company report
Jaygarments India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Jaygarments India Private Limited

FY 2025 filings available

Jaygarments India Private Limited reported revenue of ₹57.2 Cr (up 37% YoY) for FY 2023.

Revenue · FY 2023
₹57.2 Cr ▲ 37%
Net profit · FY 2023
₹58.34 Lakh margin 1%
EBITDA · FY 2023
₹3.94 Cr margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 60%
5 years · compounded
▲ 85%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 25%
5 years · compounded
▲ 111%

Revenue has grown at a compounded annual rate (CAGR) of 85% over five years, including 37% growth in the latest year. EBITDA rose 5% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹57.2 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.94 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹58.34 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin6.9%
Net Profit Margin1%
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 Jaygarments India Private Limited, buy the company report.

Board of directors of Jaygarments India Private Limited

Jaygarments India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vishalkumar JajooDirector21 Aug 20179 Years 2 MonthsCurrent
Vipinkumar Ratanlal JajooDirector02 Feb 20188 Years 9 MonthsCurrent
View all directors

Auditor

Jaygarments India Private Limited is audited by SHRIKANT MAHESHWARI & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SHRIKANT MAHESHWARI & COFY 2023127996W

Shareholding

The shareholding of Jaygarments India 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Jaygarments India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹9.07 Cr
Satisfied charges
None
Breakdown by lending institutions
Yes Bank Limited₹9.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 May 2019100263287Yes Bank Limited₹9.07 CrOpen

To see the full charge records of Jaygarments India Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Jaygarments India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Jaygarments India Private Limited has a workforce of 521 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.

Employee count
521
Active EPFO establishments
1
Employee growth
0.19%

GST

Jaygarments India has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AAZCS1069D1Z4GujaratActive26 Sep 2017
29AAZCS1069D1ZUKarnatakaActive06 Feb 2024

To see the full GST registrations and return filing status of Jaygarments India Private Limited, buy the company report.

Recent activity

Jaygarments India Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Santosh Devi Jajoo ceased to be Director on 01 Mar 2019.

AGM
Jaygarments India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Jaygarments India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Yes Bank Limited of Rs. 907.25 Lakh registered on 02 May 2019 with Charge ID 100263287 was modified on 21 Feb 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 907.25 Lakh with Charge ID 100263287 was registered on 02 May 2019.
Ceased
Santosh Devi Jajoo ceased to be Director.
Appointed
Vipinkumar Ratanlal Jajoo was appointed as Director.
Appointed
Vishalkumar Jajoo was appointed as Director.
Incorporation
21 Aug 2017
Jaygarments India Private Limited was registered on 21 Aug 2017 with Roc Ahmedabad & aged 9 years 2 months as per MCA records.

Frequently asked questions

Jaygarments India is an active private limited company based in Surat, Gujarat, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 21 August 2017 (9+ years old) and is registered under CIN U17299GJ2017PTC098762.

Jaygarments India has 2 current directors:

The latest financial statements of Jaygarments India 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 2018 are in the company report.

The GSTIN of Jaygarments India is 24AAZCS1069D1Z4, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAZCS1069D1ZU (Karnataka).

The CIN (Corporate Identification Number) of Jaygarments India is U17299GJ2017PTC098762. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Jaygarments India was incorporated on 21 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Santosh Devi Jajoo ceased to be Director on 01 Mar 2019. Vipinkumar Ratanlal Jajoo was appointed as Director on 02 Feb 2018. Vishalkumar Jajoo was appointed as Director on 21 Aug 2017.

Yes, Jaygarments India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Jaygarments India is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0034170).

Jaygarments India can be reached through the website jaygarments.com. Its registered office is in Surat, Gujarat, India.