Kiara Mills Private Limited

Kiara Mills Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
CIN U17119GJ1997PTC031930 Incorporated 18 March 1997 ROC Ahmedabad HQ Surat, Gujarat, India
Active Private Limited Company manufacturing MSME · Small
Revenue · FY 2025
₹36.1 Cr
▼ 28% YoY
Net loss · FY 2025
₹43.55 Lakh
Net margin -1.2%
EBITDA · FY 2025
₹2.66 Cr
EBITDA margin 7.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹99.92 Lakh
Issued & subscribed
Open charges
₹23.59 Cr
Satisfied ₹34.61 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
80
Provident fund records

About Kiara Mills Private Limited

Data last updated:

Kiara Mills Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 March 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1997PTC031930. Its GSTIN is 24AAECS0987R1ZN (Gujarat).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹99.92 Lakh. It was formerly known as Jaisal Industries Limited and Shraddha Dyeing and Printing Mills Limited. It is led by directors Aditya Budhia and Kumaresh Sanwarprasad Budhia.

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 Block No301/2/3 Plot No.4 Vill.Tatithaiya Surat Bardoli Road Palsa, Gujarat, India – 394327.

As per the financials filed for FY 2025, the company reported a revenue of ₹36.1 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹43.55 Lakh (net margin -1.2%) and EBITDA of ₹2.66 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 4% over five years.

The company has about 80 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹23.59 Cr and satisfied charges of ₹34.61 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 1 case is pending.

Kiara Mills Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0027399). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kiaragrp.com.

Company details

CIN U17119GJ1997PTC031930
Registration Number 031930
Incorporation Date 18 March 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0027399

Name history

Kiara Mills has undergone 3 name changes throughout its history. The company was previously known as Jaisal Industries Limited, Shraddha Dyeing And Printing Mills Limited, and Jaisal Industries Private Limited. The current legal name is Kiara Mills Private Limited.

Company NameStatus
Kiara Mills Private LimitedCurrent
Jaisal Industries LimitedPrevious
Shraddha Dyeing And Printing Mills LimitedPrevious
Jaisal Industries Private LimitedPrevious

CIN history

Kiara Mills has one previous CIN (Corporate Identification Number): U17119GJ1997PLC031930. The current CIN is U17119GJ1997PTC031930, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17119GJ1997PTC031930Current
U17119GJ1997PLC031930Previous
Key People
Aditya Budhia Director Kumaresh Sanwarprasad Budhia Director

Recognitions & Rankings of Kiara Mills

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-22-0027399

Contact details

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

  • Email
  • Telephone
  • Website
    kiaragrp.com
  • Registered Address
    Block No301/2/3 Plot No.4 Vill.Tatithaiya Surat Bardoli Road Palsa, Gujarat, India – 394327
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Kiara Mills Private Limited, buy the company report.

Comprehensive company report
Kiara Mills 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 Kiara Mills is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Kiara Mills Private Limited, buy the company report.

Financials of Kiara Mills Private Limited

FY 2025 filings available

Kiara Mills Private Limited reported revenue of ₹36.1 Cr (down 28% YoY) for FY 2025.

Revenue · FY 2025
₹36.1 Cr ▼ 28%
Net loss · FY 2025
₹43.55 Lakh margin -1.2%
EBITDA · FY 2025
₹2.66 Cr margin 7.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 2%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 39%
5 years · compounded
▲ 10%

Revenue fell 28% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 49% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹43.55 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.4%
Net Profit Margin-1.2%
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 Kiara Mills Private Limited, buy the company report.

Board of directors of Kiara Mills Private Limited

Kiara Mills has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Aditya Budhia
Also directs: Sanjoo Sarees Private Limited, Kiara Trendz Private Limited, Kiara Denims Private Limited and 1 more
Director19 Mar 20197 Years 7 MonthsCurrent
Kumaresh Sanwarprasad Budhia
Also directs: Sanjoo Sarees Private Limited, Kiara Trendz Private Limited, Kiara Denims Private Limited and 1 more
Director02 Mar 201016 Years 8 MonthsCurrent
View all directors

Peer comparison

Kiara Mills Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Nilachal Spinning Mills Private Limited₹36.15 Cr (FY 2024)27.0%Coimbatore, Tamil Nadu, India
Saiyam Silk Mills Private Limited₹36.12 Cr (FY 2024)36.0%Surat, Gujarat, India
Wildlotus Fashions Private Limited₹36.1 Cr (FY 2025)22.0%Bhubaneswar, Odisha, India
Kiara Mills Private Limitedthis company₹36.1 Cr (FY 2025)-₹43.55 Lakh-1.2%-28.0%80Surat, Gujarat, India
Sujitha Cotton Mills Private Limited₹36.09 Cr (FY 2025)1.0%Coimbatore, Tamil Nadu, India
Osb Overseas Private Limited₹36.08 Cr (FY 2024)-32.0%Kolkata, West Bengal, India
Salasarlene Dress Fab Private Limited₹36.07 Cr (FY 2025)27.0%Surat, Gujarat, India

To see the full peer comparison of Kiara Mills Private Limited, buy the company report.

Auditor

Kiara Mills Private Limited is audited by N A M S & CO.LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N A M S & CO.LLPFY 2023120880W

Shareholding

The shareholding of Kiara Mills 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 Kiara Mills Private Limited, buy the company report.

Charges & borrowings

Open charges
₹23.59 Cr
Satisfied charges
₹34.61 Cr
Breakdown by lending institutions
The Sutex Co-Operative Bank Ltd.₹22.00 Cr
Hdfc Bank Limited₹1.59 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
01 Oct 2025101166244The Sutex Co-Operative Bank Ltd.₹11 CrOpen
18 Jul 2025101136202The Sutex Co-Operative Bank Ltd.₹11 CrOpen
29 Jul 2024100959025Hdfc Bank Limited₹25.11 LakhOpen
28 Apr 2023100724252Hdfc Bank Limited₹74.56 LakhOpen
13 Jan 2021100421449Hdfc Bank Limited₹59.07 LakhOpen

To see the full charge records of Kiara Mills Private Limited, buy the company report.

Total charge records: 21 View all charges

MSME payment delays

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

Employees & EPFO

Kiara Mills Private Limited has a workforce of 80 employees on its EPFO records as of May 2026.

Employee count
80
Employee growth
-9.1%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2780
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Kiara Mills Private Limited, buy the company report.

GST

Kiara Mills has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECS0987R1ZNGujaratActive01 Jul 2017

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

Recent activity

Kiara Mills Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Nita Devi K Budhia ceased to be Director on 24 Dec 2019.

Charges
A charge with The Sutex Co-Operative Bank Ltd. amounted to Rs. 11.00 Cr with Charge ID 101166244 was registered on 01 Oct 2025.
AGM
Kiara Mills Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 11 Aug 2020 via Charge ID 100370129 with Others was fully satisfied on 12 Sep 2025.
Charges
A charge registered on 06 Aug 2018 via Charge ID 100195879 with Others was fully satisfied on 12 Sep 2025.
Charges
A charge registered on 17 Jul 2018 via Charge ID 100194896 with Others was fully satisfied on 12 Sep 2025.
Charges
A charge with The Sutex Co-Operative Bank Ltd. amounted to Rs. 11.00 Cr with Charge ID 101136202 was registered on 18 Jul 2025.
Filing
Kiara Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100959025 was registered on 29 Jul 2024.
Charges
A charge with Others of Rs. 7.72 Cr registered on 17 Jul 2018 with Charge ID 100194896 was modified on 17 May 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.75 Cr with Charge ID 100724252 was registered on 28 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.59 Cr with Charge ID 100421449 was registered on 13 Jan 2021.
Charges
A charge with Others of Rs. 0.98 Cr registered on 11 Aug 2020 with Charge ID 100370129 was modified on 27 Aug 2020.

42 earlier events are in the company report.

Frequently asked questions

Kiara Mills is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 March 1997 (29+ years old) and is registered under CIN U17119GJ1997PTC031930.

Kiara Mills has 2 current directors:

The latest financial statements of Kiara Mills 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 Kiara Mills is 24AAECS0987R1ZN, registered in Gujarat.

The CIN (Corporate Identification Number) of Kiara Mills is U17119GJ1997PTC031930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Kiara Mills has 9 court cases on record: 2 filed by the company and 7 filed against it. 1 is pending. Most are in the district courts.

Kiara Mills was incorporated on 18 March 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Kiara Mills by revenue are Nilachal Spinning Mills Private Limited, Saiyam Silk Mills Private Limited, Wildlotus Fashions Private Limited, Sujitha Cotton Mills Private Limited, Osb Overseas Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

Nita Devi K Budhia ceased to be Director on 24 Dec 2019. Pushpadevi Sanwarprasad Budhia ceased to be Director on 27 Mar 2019. Aditya Budhia was appointed as Director on 19 Mar 2019. Kiara Mills has 8 board changes on record in total.

Yes, Kiara Mills is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0027399).

Kiara Mills can be reached through the website kiaragrp.com. Its registered office is in Surat, Gujarat, India.