Karmatex Apparels Private Limited

Karmatex Apparels Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U18101MH2007PTC171284 Incorporated 13 June 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company manufacturing
Data last updated
Revenue · FY 2023
₹249.59 Cr
▲ 33.00% YoY
EBITDA · FY 2023
Locked
In full report
Net profit · FY 2023
Locked
In full report
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹80 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
62
Latest available

About Karmatex Apparels Private Limited

Data last updated: 21 July 2025

Karmatex Apparels Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 13 June 2007.

Registered with ROC Mumbai under CIN U18101MH2007PTC171284.

Capital: an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Manoj Vipinchand Jain and Subodh Niranjan Wadhwani.

Last AGM: 30 September 2023. Financial statements filed for year ended 31 March 2023. Office: Mumbai, Maharashtra.

As per the financials filed for FY 2023, the company reported a revenue of ₹249.59 Cr, a growth of 33% compared to the previous year.

The company had a reported workforce of approximately 62 employees prior to being dissolved.

The company was associated with 2 brands - Harbour 9, Karmatex. As per MCA filings, the company had open charges of ₹80 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is karmatex.com.

Company Details of Karmatex Apparels Private Limited
CIN U18101MH2007PTC171284
Registration Number 171284
Incorporation Date 13 June 2007
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
    Locked
  • Registered Address
    901 Embassy Chamber 9Th Floor Plot No.5 3Rd Road, Khar (West) India, Mumbai, Maharashtra, India – 400052
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Karmatex Apparels Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Karmatex Apparels Private Limited

Karmatex Apparels Private Limited operates two associated brands: Harbour 9 and Karmatex. These brands represent Karmatex Apparels Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Harbour 9 operates a direct-to-consumer brand offering casual wear for men. harbour9.com
Exports knitted and woven garments for men, ladies, kids, including blends with value additions. karmatex.com

Competitors & Alternatives of Karmatex Apparels Private Limited

Brands and companies operating in the same space as Karmatex Apparels Private Limited include Inditex, Bewakoof, American Eagle Outfitters and 7 more.

Competitor Description Location Founded
Inditex Inditex Retailer of fashion products Arteixo, Spain, Spain 1974
Bewakoof Bewakoof Multi-category fashion products are sold by an internet-first brand. Mumbai, India, India 2011
American Eagle Outfitters American Eagle Outfitters Multi-category fashion products for men and women are offered. Pittsburgh, United States, United States 1977
Styched Styched Multi-category fashion for men and women is offered online. Bengaluru, India, India 2019
NNNOW NNNOW Online platform for purchasing top international fashion and footwear brands. Bengaluru, India, India 2016
Levi Strauss Levi Strauss Brand of fashion apparel for men and women San Francisco, United States, United States 1853
Max Fashion Max Fashion Internet first brand of clothing, footwear, and accessories for women, men, and kids Bengaluru, India, India 2006
Nobero Nobero Internet first brand offering apparel for women and men Hyderabad, India, India 2014
The Indian Garage Co The Indian Garage Co Online brand offering mens and womens apparel Bengaluru, India, India 2011
Be Young Be Young Everyday fashion apparel, accessories, and combo options are retailed. Udaipur, India, India 2017

Business Activity of Karmatex Apparels Private Limited

Karmatex Apparels Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products Locked
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Auditor Details of Karmatex Apparels Private Limited

Karmatex Apparels Private Limited is audited by Mahendra Vora & Co. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
Mahendra Vora & Co. Locked Locked Locked
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Complete auditor history for Karmatex Apparels Private Limited

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Board of Directors of Karmatex Apparels Private Limited

Karmatex Apparels Private Limited is governed by 3 directors who oversee the company's operations and strategic decisions.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Manoj Vipinchand Jain Director 13 Jun 2007 19 Years 1 Months As last reported
Subodh Niranjan Wadhwani Director 01 Apr 2010 16 Years 3 Months As last reported
Arti Abhay Havaldar Director 13 Jun 2007 19 Years 1 Months As last reported

Financials of Karmatex Apparels Private Limited FY 2023 filings available

Karmatex Apparels Private Limited reported revenue of ₹249.59 Cr (up 33.00% YoY) for FY 2023.

Revenue · FY 2023
₹249.59 Cr ▲ 33.00%
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Ten-year financial statements for Karmatex Apparels Private Limited

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Ownership and Shareholding of Karmatex Apparels Private Limited

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Shareholding and ownership data for Karmatex Apparels Private Limited

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Charges & Borrowings of Karmatex Apparels Private Limited

Open charges
₹80 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Citi Bank N.A.₹50.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹27.50 Cr
Citibank N. A.₹2.50 Cr
Latest charge details
DateLenderAmountStatus
10 Oct 2014 The Hongkong and Shanghai Banking Corporation Limited ₹21.5 Cr Open
01 Sep 2014 The Hongkong and Shanghai Banking Corporation Limited ₹6 Cr Open
22 Jan 2009 Citibank N. A. ₹2.5 Cr Open
02 Jul 2008 Citi Bank N.A. ₹50 Cr Open

Total charge records: 4 View all charges

Employees and EPFO Compliance at Karmatex Apparels Private Limited

Karmatex Apparels Private Limited has a workforce of 62 employees as of Mar 29, 2024.

Employee count
62
Active EPFO establishments
1
Employee growth
14.81%
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Employee and EPFO history for Karmatex Apparels Private Limited

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GST Compliance of Karmatex Apparels Private Limited

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GST registrations and filing compliance for Karmatex Apparels Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Karmatex Apparels Private Limited

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Credit ratings, litigation, and regulatory alerts for Karmatex Apparels Private Limited

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MSME Payment Delays by Karmatex Apparels Private Limited

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MSME payment history for Karmatex Apparels Private Limited

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Subsidiaries & Group Companies of Karmatex Apparels Private Limited

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Corporate group structure for Karmatex Apparels Private Limited

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MCA Filings & Documents of Karmatex Apparels Private Limited

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MCA filings and documents for Karmatex Apparels Private Limited

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Recent Activity on Karmatex Apparels Private Limited

Activity
30 Sep 2023
Karmatex Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
20 Jun 2023
A charge with Citi Bank N.A. of Rs. 50.00 Cr registered on 02 Jul 2008 with Charge ID 10117520 was modified on 20 Jun 2023.
Activity
31 Mar 2023
Karmatex Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
Charges
08 Dec 2021
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 21.50 Cr registered on 10 Oct 2014 with Charge ID 10528685 was modified on 08 Dec 2021.
Charges
16 Jan 2019
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 6.00 Cr registered on 01 Sep 2014 with Charge ID 10521987 was modified on 16 Jan 2019.
Charges
10 Oct 2014
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 21.50 Cr with Charge ID 10528685 was registered on 10 Oct 2014.

Frequently Asked Questions about Karmatex Apparels Private Limited

Karmatex Apparels Private Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Karmatex Apparels Private Limited is a amalgamated private limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 13 June 2007 and is registered under CIN U18101MH2007PTC171284. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Karmatex Apparels Private Limited was incorporated on 13 June 2007. Registered with ROC Mumbai.

The current directors of Karmatex Apparels Private Limited are:

The CIN (Corporate Identification Number) of Karmatex Apparels Private Limited is U18101MH2007PTC171284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Karmatex Apparels Private Limited is manufacturing. The company specifically operates in textile and fabric production.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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