- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0032900

Kuldip Oswal Garments Private Limited
About Kuldip Oswal Garments Private Limited
Data last updated:
Kuldip Oswal Garments Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52100PB1992PTC046301. Its GSTIN is 03AAECS0379P1Z1 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.85 Cr and a paid-up capital of ₹1.83 Cr. It was formerly known as South Central Financial Services Pvt Ltd. It is led by directors Vikas Jain and Charu Jain.
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 3413/2 Mahavir Jain Colony Near Sunder Nagar, Ludhiana, Punjab, India – 141007.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.67 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹98.18 Lakh (net margin 5.9%) and EBITDA of ₹1.43 Cr (EBITDA margin 8.6%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 13% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Kuldip Oswal Garments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0032900). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Kuldip Oswal Garments has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U52100PB1992PTC046301, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100PB1992PTC046301 | Current |
| U51109WB1992PTC054794 | Previous |
| U51109PB1992PTC046301 | Previous |
Recognitions & Rankings of Kuldip Oswal Garments
Contact details
Kuldip Oswal Garments Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3413/2 Mahavir Jain Colony Near Sunder Nagar, Ludhiana, Punjab, India – 141007
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Kuldip Oswal Garments 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
Business activity
The main business activity of Kuldip Oswal Garments 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 Kuldip Oswal Garments Private Limited, buy the company report.
Financials of Kuldip Oswal Garments Private Limited
FY 2025 filings availableKuldip Oswal Garments Private Limited reported revenue of ₹16.67 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 51% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹1.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98.18 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 5.9% | ||||
| 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 Kuldip Oswal Garments Private Limited, buy the company report.
Board of directors of Kuldip Oswal Garments Private Limited
Kuldip Oswal Garments has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Jain | Director | 14 Sep 2007 | 19 Years 2 Months | Current |
| Charu Jain | Director | 22 Jun 2019 | 7 Years 4 Months | Current |
Peer comparison
Kuldip Oswal Garments 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hanuman Fabrics Private Limited | ₹16.69 Cr (FY 2025) | -11.0% | Surat, Gujarat, India | |||
| Vrijesh Overseas Private Limited | ₹16.69 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Kuldip Oswal Garments Private Limitedthis company | ₹16.67 Cr (FY 2025) | ₹98.18 Lakh | 5.9% | 21.0% | 1 | Ludhiana, Punjab, India |
| Vig Weaves Private Limited | ₹16.66 Cr (FY 2024) | 15.0% | Sachin, Gujarat, India | |||
| Roots Apparels Private Limited | ₹16.64 Cr (FY 2024) | -25.0% | New Delhi, Delhi, India | |||
| Rkgcot Yarns Private Limited | ₹16.64 Cr (FY 2024) | 11.0% | Panipat, Haryana, India | |||
| Global Clothing Private Limited | ₹16.64 Cr (FY 2025) | 4.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Kuldip Oswal Garments Private Limited, buy the company report.
Auditor
Kuldip Oswal Garments Private Limited is audited by Anup Kumar Jain & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Anup Kumar Jain & Co. | FY 2022 | 005731N |
Shareholding
The shareholding of Kuldip Oswal Garments Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kuldip Oswal Garments Private Limited, buy the company report.
Legal cases
Kuldip Oswal Garments Private Limited has 4 court cases on record: 2 filed by Kuldip Oswal Garments, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Him Chem Limited | Disposed |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Disposed |
To see the full case history of Kuldip Oswal Garments 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
Kuldip Oswal Garments Private Limited has 3 MSME Form 1 returns on record between 2018 and 2023, listing 97 overdue payments to 29 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Atam Vallabh Marketing Co. | |||
| A.D Clothing | |||
| Award Knit Fab Private Ltd | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Kuldip Oswal Garments Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kuldip Oswal Garments Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Kuldip Oswal Garments Private Limited, buy the company report.
GST
Kuldip Oswal Garments has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECS0379P1Z1 | Punjab | Active | 08 Sep 2017 |
To see the full GST registrations and return filing status of Kuldip Oswal Garments Private Limited, buy the company report.
Recent activity
Kuldip Oswal Garments Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Amit Jain ceased to be Director on 01 Feb 2020.
Frequently asked questions
Kuldip Oswal Garments is an active private limited company based in Ludhiana, Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 March 1992 (34+ years old) and is registered under CIN U52100PB1992PTC046301.
Kuldip Oswal Garments has 2 current directors:
- Vikas Jain - Director
- Charu Jain - Director
The latest financial statements of Kuldip Oswal Garments 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 Kuldip Oswal Garments is 03AAECS0379P1Z1, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kuldip Oswal Garments is U52100PB1992PTC046301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kuldip Oswal Garments has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Kuldip Oswal Garments was incorporated on 19 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Kuldip Oswal Garments by revenue are Hanuman Fabrics Private Limited, Vrijesh Overseas Private Limited, Vig Weaves Private Limited, Roots Apparels Private Limited, Rkgcot Yarns Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Amit Jain ceased to be Director on 01 Feb 2020. Vishal Jain ceased to be Additional Director on 01 Feb 2020. Charu Jain was appointed as Director on 22 Jun 2019. Kuldip Oswal Garments has 6 board changes on record in total.
Yes, Kuldip Oswal Garments is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0032900).
Kuldip Oswal Garments has 3 MSME Form 1 returns on record between 2018 and 2023, listing 97 overdue payments to 29 micro and small suppliers. The latest return was filed on 29 Aug 2023.
The registered office of Kuldip Oswal Garments is at 34132 Mahavir Jain Colony Near Sunder Nagar, Ludhiana, Punjab, India – 141007.

