MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0009714
Knitwell Apparels Private Limited - fashion and textile in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹9.7 Cr
▼ 64% YoY
Net loss · FY 2024
₹94.7 Lakh
Net margin -9.8%
EBITDA · FY 2024
₹5.74 Lakh
EBITDA margin 0.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.75 Cr
Issued & subscribed
Open charges
₹3.72 Cr
Satisfied ₹6.87 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
9
Provident fund records
About Knitwell Apparels Private Limited
Data last updated:
Knitwell Apparels Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 28 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U18101PB2003PTC025827. Its GSTIN is 03AACCK1041Q1ZO (Punjab).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.75 Cr. It is led by directors including Jyoti Talwar and Sanjiv Talwar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 302 Phase VIII Focal Point, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.7 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹94.7 Lakh (net margin -9.8%) and EBITDA of ₹5.74 Lakh (EBITDA margin 0.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 20% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Knitwell Apparels. As per MCA filings, the company has open charges of ₹3.72 Cr and satisfied charges of ₹6.87 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it.
Knitwell Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0009714). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website knitwellapparels.com.
Company details
CIN U18101PB2003PTC025827
Registration Number 025827
Incorporation Date 28 February 2003
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0009714
Recognitions & Rankings of Knitwell Apparels
Contact details
Knitwell Apparels Private Limited's registered office is in Ludhiana, Punjab. Its website is knitwellapparels.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD – 302 Phase VIII Focal Point, Ludhiana, Punjab, India – 141010
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Knitwell Apparels Private Limited, buy the company report.
Comprehensive company report
Knitwell Apparels 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
Brands
Knitwell Apparels operates one associated brand: Knitwell Apparels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand specializing in t-shirts, jackets, track suits, and other apparel items. | knitwellapparels.com |
Business activity
The main business activity of Knitwell Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Knitwell Apparels Private Limited, buy the company report.
Financials of Knitwell Apparels Private Limited
FY 2024 filings availableKnitwell Apparels Private Limited reported revenue of ₹9.7 Cr (down 64% YoY) for FY 2024.
Revenue · FY 2024
₹9.7 Cr ▼ 64%
Net loss · FY 2024
₹94.7 Lakh margin -9.8%
EBITDA · FY 2024
₹5.74 Lakh margin 0.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 15%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▼ 97%
3 years · compounded
▼ 66%
5 years · compounded
▼ 48%
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 64% fall in the latest year. EBITDA fell 97% 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 | ₹5.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.7 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.6% | ||||
| Net Profit Margin | -9.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Knitwell Apparels Private Limited, buy the company report.
Board of directors of Knitwell Apparels Private Limited
Knitwell Apparels has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Talwar | Director | 28 Feb 2003 | 23 Years 7 Months | Current |
| Sanjiv Talwar | Director | 28 Feb 2003 | 23 Years 7 Months | Current |
| Sanchit Talwar | Director | 14 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Knitwell Apparels Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maple Overseas Pvt Ltd | ₹9.82 Cr (FY 2025) | 91651.0% | Mumbai, Maharashtra, India | |||
| Wintage Garments Private Limited | ₹9.78 Cr (FY 2024) | 6.0% | Delhi, India | |||
| Samundar Fabrics Pvt Ltd | ₹9.73 Cr (FY 2025) | 34.0% | Punjab, India | |||
| Three Clothing Private Limited | ₹9.7 Cr (FY 2016) | -19.0% | New Delhi, Delhi, India | |||
| Knitwell Apparels Private Limitedthis company | ₹9.7 Cr (FY 2024) | -₹94.7 Lakh | -9.8% | -64.0% | 9 | Ludhiana, Punjab, India |
| Royd Apparels Private Limited | ₹9.69 Cr (FY 2023) | 0.0% | Kolkata, West Bengal, India | |||
| Ajvick Exports Private Limited | ₹9.63 Cr (FY 2024) | -43.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Knitwell Apparels Private Limited, buy the company report.
Auditor
Knitwell Apparels Private Limited is audited by ANUP KUMAR JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANUP KUMAR JAIN & CO | FY 2023 | 005731N |
Shareholding
The shareholding of Knitwell Apparels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Knitwell Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.72 Cr
Satisfied charges
₹6.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2022 | 100567707 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 20 Dec 2021 | 100513523 | Sidbi | ₹42 Lakh | Open | |
| 29 Jan 2021 | 100415666 | Hdfc Bank Limited | ₹30 Lakh | Open | |
| 16 Mar 2015 | 10554951 | Small Industries Development Bank of India | ₹1 Cr | Satisfied | |
| 04 Oct 2013 | 10451919 | Small Industries Development Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Knitwell Apparels Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Knitwell Apparels Private Limited has 8 court cases on record: 3 filed by Knitwell Apparels, 5 filed against it. All cases are disposed.
Total cases
8
Filed by the company
3
Filed against the company
5
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Positex Pvt Ltd. | Disposed |
| District court, West, Delhi | Interim or miscellaneous application | Filed by the company against M/S Print Fab India Pvt. Ltd. | Disposed |
| District court, West, Delhi | Execution petition | Filed against the company by M/S Print Fab India P. Ltd. | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by Ms Print Fab (India) Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Court case (TRAFFIC) | Filed against the company by State | Disposed |
To see the full case history of Knitwell Apparels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Knitwell Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Knitwell Apparels Private Limited has a workforce of 9 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
-30.77%
GST
Knitwell Apparels has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCK1041Q1ZO | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Knitwell Apparels Private Limited, buy the company report.
Recent activity
Knitwell Apparels Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Sanchit Talwar was appointed as Director on 14 Jul 2021.
AGM
Knitwell Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Knitwell Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100567707 was registered on 30 Apr 2022.
Charges
A charge with Sidbi amounted to Rs. 0.42 Cr with Charge ID 100513523 was registered on 20 Dec 2021.
Charges
A charge registered on 16 Mar 2015 via Charge ID 10554951 with Small Industries Development Bank Of India was fully satisfied on 14 Sep 2021.
Charges
A charge registered on 04 Oct 2013 via Charge ID 10451919 with Small Industries Development Bank Of India was fully satisfied on 14 Sep 2021.
Charges
A charge registered on 24 Apr 2013 via Charge ID 10422603 with Small Industries Development Bank Of India was fully satisfied on 14 Sep 2021.
Charges
A charge registered on 16 Dec 2011 via Charge ID 10322989 with Small Industries Development Bank Of India was fully satisfied on 14 Sep 2021.
Charges
A charge registered on 21 Feb 2011 via Charge ID 10266728 with Small Industries Development Bank Of India was fully satisfied on 14 Sep 2021.
Charges
A charge registered on 23 Jun 2010 via Charge ID 10224248 with Small Industries Development Bank Of India was fully satisfied on 14 Sep 2021.
Charges
A charge registered on 18 Jan 2010 via Charge ID 10195279 with Small Industries Development Bank Of India was fully satisfied on 14 Sep 2021.
Charges
A charge registered on 17 Mar 2005 via Charge ID 80040703 with Small Industries Development Bank Of India was fully satisfied on 14 Sep 2021.
14 earlier events are in the company report.
Frequently asked questions
Knitwell Apparels is an active private limited company based in Ludhiana, Punjab, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 28 February 2003 (23+ years old) and is registered under CIN U18101PB2003PTC025827.
Knitwell Apparels has 3 current directors:
- Jyoti Talwar - Director
- Sanjiv Talwar - Director
- Sanchit Talwar - Director
The latest financial statements of Knitwell Apparels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Knitwell Apparels is 03AACCK1041Q1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of Knitwell Apparels is U18101PB2003PTC025827. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Knitwell Apparels has 8 court cases on record: 3 filed by the company and 5 filed against it. Most are in the district courts.
Knitwell Apparels was incorporated on 28 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Knitwell Apparels by revenue are Maple Overseas Pvt Ltd, Wintage Garments Private Limited, Samundar Fabrics Pvt Ltd, Three Clothing Private Limited, Royd Apparels Private Limited and 1 more, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Sanchit Talwar was appointed as Director on 14 Jul 2021. Jyoti Talwar was appointed as Director on 28 Feb 2003. Sanjiv Talwar was appointed as Director on 28 Feb 2003.
Yes, Knitwell Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0009714).
Knitwell Apparels can be reached through the website knitwellapparels.com. Its registered office is in Ludhiana, Punjab, India.