About Laguna Clothing LLP
Data last updated:
Laguna Clothing LLP was a limited liability partnership (LLP) based in Bangalore, Karnataka, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the formal and business wear segment of the fashion and textiles sector. It was incorporated on 21 August 2018.
The LLP was registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAN-1733. Its GSTIN is 29AAHFL8108R1ZI (Karnataka). The LLP held 2 GST registrations, all of them active.
The LLP had a total obligation of contribution of ₹4.95 Cr. It was led by designated partners Ramesh Visweswaran and Sarbajit Ghose.
Its latest statement of accounts is for the year ended 31 March 2022. The registered office was at No.50 1st Floor 1st Main 9th Cross 3rd Phase Jp Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2022, the LLP reported a revenue of ₹350.5 Cr, a growth of 38% compared to the previous year. Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
The LLP has about 4,275 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹204.6 Cr on record.
The last known website on record is cieltextile.com.
Company details
Contact details
Laguna Clothing LLP's registered office is in Bangalore, Karnataka. Its website is cieltextile.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.50 1st Floor 1st Main 9th Cross 3rd Phase Jp Nagar, Bangalore, Karnataka, India – 560078
- IndustryFashion and Textile, Formal & Business Wear
To see the full contact details of Laguna Clothing LLP, 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
Financials of Laguna Clothing LLP
FY 2022 filings availableLaguna Clothing LLP reported revenue of ₹350.5 Cr (up 38% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over three years, including 38% growth 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
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Financial Ratios
| Statement of Account and Solvency | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Laguna Clothing LLP, buy the company report.
Designated partners of Laguna Clothing LLP
Laguna Clothing has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Visweswaran Also directs: Laguna India Private Limited, Laguna Clothing Private Limited | Designated Partner | 20 May 2020 | 6 Years 5 Months | As last reported |
| Sarbajit Ghose | Designated Partner | 21 Aug 2018 | 8 Years 2 Months | As last reported |
Peer comparison
Laguna Clothing LLP is compared with the 7 companies closest to it by revenue in the Apparel industry (Formal Branded Wear), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Silver Spark Apparel Limited | ₹1,027.55 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Silver Crest Clothing Private Limited | ₹701.04 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Laguna Clothing LLPthis company | ₹350.5 Cr (FY 2022) | 38.0% | 4,275 | Bangalore, Karnataka, India | ||
| Scrupoli Collection Private Limited | ₹101.43 Cr (FY 2025) | -5.0% | Bhilwara, Rajasthan, India | |||
| Kamya Clothing Private Limited | ₹50.21 Cr (FY 2017) | 31.0% | Ahmedabad, Gujarat, India | |||
| Chhabra Syncotex Private Limited | ₹38.06 Cr (FY 2025) | -1.0% | Bhilwara, Rajasthan, India | |||
| Vardhman Nisshinbo Garments Company Limited | ₹36.02 Cr (FY 2021) | -38.0% | Ludhiana, Punjab, India | |||
| Kento Club Private Limited | ₹35.54 Cr (FY 2024) | 6.0% | Pilkhuwa, Uttar Pradesh, India |
To see the full peer comparison of Laguna Clothing LLP, buy the company report.
Auditor
Laguna Clothing LLP is audited by PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE CHARTERED ACCOUNTANTS LLP | FY 2021 | 012754N |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2023 | L-100667153 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 25 May 2022 | L-100625022 | Hdfc Bank Limited | ₹5 Cr | Open | |
| 24 Feb 2022 | L-100601514 | Hdfc Bank Limited | ₹80 Cr | Open | |
| 03 Apr 2019 | L-100263094 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Open | |
| 07 Dec 2018 | L-100232880 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Open |
To see the full charge records of Laguna Clothing LLP, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Laguna Clothing LLP 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 Laguna Clothing LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Laguna Clothing LLP has a workforce of 4,275 employees on its EPFO records as of Apr 09, 2024, across 3 active EPFO establishments.
GST
Laguna Clothing has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHFL8108R1ZI | Karnataka | Active | 20 Sep 2018 |
| 20AAHFL8108R1Z0 | Jharkhand | Active | 29 Jan 2019 |
To see the full GST registrations and return filing status of Laguna Clothing LLP, buy the company report.
Recent activity
Laguna Clothing LLP has 3 designated partner changes on record since 2018: 2 appointments and 1 cessation. The latest: Rajesh Kumar ceased to be Designated Partner on 20 May 2020.
3 earlier events are in the company report.
Frequently asked questions
Laguna Clothing has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Laguna Clothing was a limited liability partnership based in Bangalore, Karnataka, India. The LLP worked in formal and business wear, within the fashion and textile industry. It was incorporated on 21 August 2018 and is registered under LLPIN AAN-1733. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Laguna Clothing is AAN-1733. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Laguna Clothing had 2 designated partners:
- Ramesh Visweswaran - Designated Partner
- Sarbajit Ghose - Designated Partner
Laguna Clothing was incorporated on 21 August 2018. It is registered with the Registrar of Companies, Bangalore.
Laguna Clothing can be reached through the website cieltextile.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Laguna Clothing is at No.50 1st Floor 1st Main 9th Cross 3rd Phase Jp Nagar, Bangalore, Karnataka, India – 560078.
The latest financial statements of Laguna Clothing on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 31 March 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Laguna Clothing is 29AAHFL8108R1ZI, registered in Karnataka. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AAHFL8108R1Z0 (Jharkhand).
Laguna Clothing operated in the fashion and textile industry, in the formal and business wear segment.
The peers of Laguna Clothing by revenue are Silver Spark Apparel Limited, Silver Crest Clothing Private Limited, Scrupoli Collection Private Limited, Kamya Clothing Private Limited, Chhabra Syncotex Private Limited and 2 more, all in the Apparel industry (Formal Branded Wear).
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