- Udyam number
- UDYAM-TN-28-0025989

About Knitex Textiles Private Limited
Data last updated:
Knitex Textiles Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 19 February 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ1999PTC034499. Its GSTIN is 27AABCK0200E1ZD (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Knitex Garment Private Limited. It is led by directors Ramesh Dhondiba Karde and Hitenkumar Gunvantrai Sheth.
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 331/4T 15 Velampalayam Roa Anupparpalayam P O Avinashi Road Tirupur – 641652 Tamil Nad, U, Tamil Nadu, India – 641652.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.21 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹2.1 Lakh (net margin 0.1%) and EBITDA of ₹5.29 Lakh (EBITDA margin 0.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Knitex Textiles. As per MCA filings, the company has open charges of ₹20.28 Cr and satisfied charges of ₹20.28 Cr on record.
Knitex Textiles Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-28-0025989). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website knitextextiles.com.
Company details
CIN history
Knitex Textiles has one previous CIN (Corporate Identification Number): U18101MH1999PTC118428. The current CIN is U18101TZ1999PTC034499, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101TZ1999PTC034499 | Current |
| U18101MH1999PTC118428 | Previous |
Recognitions & Rankings of Knitex Textiles
Contact details
Knitex Textiles Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is knitextextiles.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address331/4T 15 Velampalayam Roa Anupparpalayam P O Avinashi Road Tirupur – 641652 Tamil Nad, U, Tamil Nadu, India – 641652
- IndustryFashion and Textile, Innerwear
To see the full contact details of Knitex Textiles Private Limited, buy the company report.
- 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
Brands
Knitex Textiles operates one associated brand: Knitex Textiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and supplies textile fabrics and protective face masks in India. | knitextextiles.com |
Business activity
The main business activity of Knitex Textiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Knitex Textiles Private Limited, buy the company report.
Financials of Knitex Textiles Private Limited
FY 2025 filings availableKnitex Textiles Private Limited reported revenue of ₹17.21 Cr (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 33% fall in the latest year. EBITDA fell 88% 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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| EBITDA | ₹5.29 Lakh | ||||
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| Net Profit (PAT) | ₹2.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0.3% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Knitex Textiles Private Limited, buy the company report.
Board of directors of Knitex Textiles Private Limited
Knitex Textiles has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Dhondiba Karde Also directs: Knitex E-Com Private Limited, Mindware Outsourcing Private Limited | Director | 25 Oct 2023 | 3 Years 0 Months | Current |
| Hitenkumar Gunvantrai Sheth Also directs: Knitex E-Com Private Limited | Director | 19 Feb 1999 | 27 Years 8 Months | Current |
Auditor
Knitex Textiles Private Limited is audited by A D & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D & COMPANY | FY 2021 | 100378W |
Shareholding
The shareholding of Knitex Textiles Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Knitex Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2008 | 10125277 | Bank of Baroda | ₹3 Cr | Satisfied | |
| 23 Dec 2004 | 90145583 | Bank of Baroda | ₹70 Lakh | Satisfied | |
| 29 Jul 2004 | 80020732 | Bank of Baroda | ₹15 Cr | Satisfied | |
| 21 Jan 2004 | 90144926 | Bank of Baroda | ₹1.5 Cr | Satisfied | |
| 21 Mar 2000 | 90142795 | Bank of Baroda | ₹8 Lakh | Satisfied |
To see the full charge records of Knitex Textiles Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Knitex Textiles Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Knitex Textiles Private Limited was last rated by Crisil on 29 Dec 2016.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Dec 2016 |
To see the full credit ratings and regulatory alerts of Knitex Textiles Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Knitex Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Knitex Textiles Private Limited has a workforce of 10 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Knitex Textiles has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK0200E1ZD | Maharashtra | Active | 01 Jul 2017 |
| 33AABCK0200E1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Knitex Textiles Private Limited, buy the company report.
Recent activity
Knitex Textiles Private Limited has 5 board changes on record since 1999: 2 appointments and 3 cessations. The latest: Ramesh Dhondiba Karde ceased to be Additional Director on 29 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
Knitex Textiles is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 19 February 1999 (27+ years old) and is registered under CIN U18101TZ1999PTC034499.
Knitex Textiles has 2 current directors:
- Ramesh Dhondiba Karde - Director
- Hitenkumar Gunvantrai Sheth - Director
The latest financial statements of Knitex Textiles 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 Knitex Textiles is 27AABCK0200E1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AABCK0200E1ZK (Tamil Nadu).
The CIN (Corporate Identification Number) of Knitex Textiles is U18101TZ1999PTC034499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Knitex Textiles was incorporated on 19 February 1999, making it 27+ years old. It is registered with the Registrar of Companies, Coimbatore.
Ramesh Dhondiba Karde ceased to be Additional Director on 29 Sep 2024. Atul Manohardas Ashar ceased to be Director on 25 Oct 2023. Ramesh Dhondiba Karde was appointed as Director on 25 Oct 2023. Knitex Textiles has 5 board changes on record in total.
Yes, Knitex Textiles is registered as an MSME under Udyam registration (number: UDYAM-TN-28-0025989).
Knitex Textiles can be reached through the website knitextextiles.com. Its registered office is in Tirupur, Tamil Nadu, India.
The registered office of Knitex Textiles is at 3314T 15 Velampalayam Roa Anupparpalayam P O Avinashi Road Tirupur – 641652 Tamil Nad, U, Tamil Nadu, India – 641652.