About Knit Aid Private Limited
Data last updated:
Knit Aid Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 14 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2021PTC054480. Its GSTIN is 03AAJCK0916H1ZU (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Suganthi and Dhamodharan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 5689/1st. No. 6 Guru Arjan Dev Nagar Samrala Chowk, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.8 Lakh (net margin 0.5%) and EBITDA of ₹5.79 Lakh (EBITDA margin 0.7%).
For more details, the company can be reached via its website knitaid.in.
Company details
Contact details
Knit Aid Private Limited's registered office is in Ludhiana, Punjab.
- Registered Address5689/1st. No. 6 Guru Arjan Dev Nagar Samrala Chowk, Ludhiana, Punjab, India – 141010
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- 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
Financials of Knit Aid Private Limited
FY 2023 filings availableKnit Aid Private Limited reported revenue of ₹8.14 Cr (up 3850% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 |
|---|---|---|
| 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 | ₹5.79 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.8 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 2022-23 | FY 2021-22 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0.7% | |
| Net Profit Margin | 0.5% | |
| 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 Knit Aid Private Limited, buy the company report.
Board of directors of Knit Aid Private Limited
Knit Aid has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suganthi | Director | 12 Jul 2022 | 4 Years 3 Months | Current |
| Dhamodharan Also directs: Groknit Private Limited | Director | 14 Oct 2021 | 5 Years 0 Months | Current |
Peer comparison
Knit Aid Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bajaj Sewing Overseas Private Limited | ₹8.2 Cr (FY 2025) | 22.0% | Delhi, India | |||
| Mega Infra Services Private Limited | ₹8.2 Cr (FY 2025) | 123.0% | New Delhi, Delhi, India | |||
| Busilink Associates Private Limited | ₹8.18 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| S.N. Mercantile (India) Private Limited | ₹8.18 Cr (FY 2025) | -29.0% | Mumbai, Maharashtra, India | |||
| Marwell Syndicate Private Limited | ₹8.14 Cr (FY 2019) | 33.0% | Coimbatore, Tamil Nadu, India | |||
| Knit Aid Private Limitedthis company | ₹8.14 Cr (FY 2023) | ₹3.8 Lakh | 0.5% | 3850.0% | Ludhiana, Punjab, India | |
| Hydrolift Services Private Limited | ₹8.13 Cr (FY 2025) | 18.0% | Palakkad, Kerala, India | |||
| Smi Machinery India Private Limited | ₹8.12 Cr (FY 2025) | 120.0% | Mumbai, Maharashtra, India | |||
| Aragma Sales Private Limited | ₹8.09 Cr (FY 2024) | -6.0% | Delhi, India | |||
| Radian Technologies Private Limited | ₹8.09 Cr (FY 2025) | 2.0% | Chandigarh, India | |||
| Technoart Tools and Services Private Limited | ₹8.06 Cr (FY 2025) | -3.0% | Haryana, India |
To see the full peer comparison of Knit Aid Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Knit Aid 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 Knit Aid Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Knit Aid has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAJCK0916H1ZU | Punjab | Active | 24 Dec 2021 |
| 33AAJCK0916H1ZR | Tamil Nadu | Active | 02 Mar 2022 |
To see the full GST registrations and return filing status of Knit Aid Private Limited, buy the company report.
Recent activity
Knit Aid Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Devagi ceased to be Director on 18 Jul 2022.
Frequently asked questions
Knit Aid is an active private limited company based in Ludhiana, Punjab, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 14 October 2021 (5+ years old) and is registered under CIN U51909PB2021PTC054480.
Knit Aid has 2 current directors:
- Suganthi - Director
- Dhamodharan - Director
The latest financial statements of Knit Aid on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Knit Aid is 03AAJCK0916H1ZU, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCK0916H1ZR (Tamil Nadu).
The CIN (Corporate Identification Number) of Knit Aid is U51909PB2021PTC054480. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Knit Aid was incorporated on 14 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Knit Aid by revenue are Bajaj Sewing Overseas Private Limited, Mega Infra Services Private Limited, Busilink Associates Private Limited, S.N. Mercantile (India) Private Limited, Marwell Syndicate Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Devagi ceased to be Director on 18 Jul 2022. Suganthi was appointed as Director on 12 Jul 2022. Dhamodharan was appointed as Director on 14 Oct 2021.
Knit Aid can be reached through the website knitaid.in. Its registered office is in Ludhiana, Punjab, India.
The registered office of Knit Aid is at 56891st. No. 6 Guru Arjan Dev Nagar Samrala Chowk, Ludhiana, Punjab, India – 141010.
Knit Aid operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.