About Maf Clothing Private Limited
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Maf Clothing Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA2008PTC068870. Its GSTIN is 29AAFCM8114M1Z1 (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.38 Cr. It is led by directors including Ruksana Jaliwala and Tasneem Jaliwala Munavar.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 35/3/2 Adakamaranahalli 21st Km Of Tumkur Road Next To Himalaya Drugs Makali Post, Bangalore, Karnataka, India – 562123.
As per the financials filed for FY 2025, the company reported a revenue of ₹662.22 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹10.29 Cr (net margin 1.6%) and EBITDA of ₹37.54 Cr (EBITDA margin 5.7%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 11% over five years.
The company has about 2,387 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MAF Clothing. As per MCA filings, the company has open charges of ₹202.07 Cr and satisfied charges of ₹191.27 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 12 deals on record (8 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹23.3 Cr; the latest was in March 2021. Its 4 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 2 smaller; the largest is Orient Fashion Exports (India) Private Limited with revenue of ₹669.2 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mafclothing.com.
Company details
CIN history
Maf Clothing has one previous CIN (Corporate Identification Number): U18101TN2008PTC070001. The current CIN is U18101KA2008PTC068870, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101KA2008PTC068870 | Current |
| U18101TN2008PTC070001 | Previous |
Contact details
Maf Clothing Private Limited's registered office is in Bangalore, Karnataka. Its website is mafclothing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address35/3/2 Adakamaranahalli 21st Km Of Tumkur Road Next To Himalaya Drugs Makali Post, Bangalore, Karnataka, India – 562123
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Maf Clothing 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
Maf Clothing operates one associated brand: MAF Clothing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Brand of multi category apparel wear for women, men and kids | mafclothing.com |
Business activity
The main business activity of Maf Clothing 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 Maf Clothing Private Limited, buy the company report.
Financials of Maf Clothing Private Limited
FY 2025 filings availableMaf Clothing Private Limited reported revenue of ₹662.22 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 21% growth in the latest year. EBITDA rose 28% 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 |
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| EBITDA | ₹37.54 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹10.29 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.7% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maf Clothing Private Limited, buy the company report.
Board of directors of Maf Clothing Private Limited
Maf Clothing has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ruksana Jaliwala | Director | 22 Dec 2008 | 17 Years 10 Months | Current |
| Tasneem Jaliwala Munavar | Director | 22 Dec 2008 | 17 Years 10 Months | Current |
| Munavar Yunus Jaliwala | Director | 11 Nov 2009 | 16 Years 11 Months | Current |
| Faizal Jaliwala | Director | 26 Nov 2008 | 17 Years 11 Months | Current |
Peer comparison
Maf Clothing Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Orient Fashion Exports (India) Private Limited | ₹669.2 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| The Rajlakshmi Cotton Mills Private Limited | ₹666.67 Cr (FY 2025) | 34.0% | Kolkata, West Bengal, India | |||
| Maf Clothing Private Limitedthis company | ₹662.22 Cr (FY 2025) | ₹10.29 Cr | 1.6% | 21.0% | 2,387 | Bangalore, Karnataka, India |
| J C T Limited | ₹653.08 Cr (FY 2023) | -23.0% | Phagwara, Punjab, India | |||
| Sri Saravana Mills Private Limited | ₹647.92 Cr (FY 2025) | 19.0% | Vedasandur, Tamil Nadu, India |
To see the full peer comparison of Maf Clothing Private Limited, buy the company report.
Auditor
Maf Clothing Private Limited is audited by R K Doshi & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R K Doshi & Co LLP | FY 2023 | FRN :102745W/W100242 |
Shareholding
The shareholding of Maf Clothing Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maf Clothing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101202151 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 21 Jan 2025 | 101040144 | Hdfc Bank Limited | ₹41 Cr | Open | |
| 27 Nov 2024 | 101032705 | Hdfc Bank Limited | ₹71.33 Lakh | Open | |
| 08 Dec 2021 | 100513851 | Others | ₹3.22 Cr | Open | |
| 11 Nov 2020 | 100400172 | Sbicap Trustee Company Limited | ₹142.14 Cr | Open |
To see the full charge records of Maf Clothing Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Maf Clothing Private Limited has 12 deals on record (8 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹23.3 Cr; the latest was in March 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹5 Cr | Investors: 2 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2017 | Rights issue | ₹2 Cr | Investors: 2 individuals |
| Nov 2015 | Funding round | ₹6.43 Cr | Investors: Elara Capital |
| May 2015 | Rights issue | ₹6.18 Cr | Investors: Elara Capital |
To see the full deal history of Maf Clothing Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maf Clothing Private Limited has 2 court cases on record: 1 filed by Maf Clothing, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India | Pending |
| District court, BENGALURU, Karnataka | Court case (REF) | Filed against the company by an individual | Disposed |
To see the full case history of Maf Clothing 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.
Credit ratings & regulatory alerts
Maf Clothing Private Limited was last rated by Crisil on 03 Apr 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 03 Apr 2020 |
To see the full credit ratings and regulatory alerts of Maf Clothing Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maf Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maf Clothing Private Limited has a workforce of 2,387 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
GST
Maf Clothing has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCM8114M1Z1 | Karnataka | Active | 01 Jul 2017 |
| 29AAFCM8114M2Z0 | Karnataka | Active | 21 Apr 2025 |
| 33AAFCM8114M1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maf Clothing Private Limited, buy the company report.
Recent activity
Maf Clothing Private Limited has 10 board changes on record since 2008: 7 appointments and 3 cessations. The latest: Yunus Sattar Jaliwala ceased to be Director on 22 Mar 2025.
35 earlier events are in the company report.
Frequently asked questions
Maf Clothing is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 November 2008 (18+ years old) and is registered under CIN U18101KA2008PTC068870.
Maf Clothing has 4 current directors:
- Ruksana Jaliwala - Director
- Tasneem Jaliwala Munavar - Director
- Munavar Yunus Jaliwala - Director
- Faizal Jaliwala - Director
The latest financial statements of Maf Clothing on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maf Clothing is 29AAFCM8114M1Z1, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAFCM8114M2Z0 (Karnataka), 33AAFCM8114M1ZC (Tamil Nadu).
The CIN (Corporate Identification Number) of Maf Clothing is U18101KA2008PTC068870. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maf Clothing has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Maf Clothing was incorporated on 26 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Maf Clothing has 12 deals on record (8 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹23.3 Cr; the latest was in March 2021.
The peers of Maf Clothing by revenue are Orient Fashion Exports (India) Private Limited, The Rajlakshmi Cotton Mills Private Limited, J C T Limited, Sri Saravana Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Yunus Sattar Jaliwala ceased to be Director on 22 Mar 2025. Zohra Yunus Jaliwala ceased to be Director on 22 Mar 2025. Aysha Afreen ceased to be Additional Director on 17 Feb 2016. Maf Clothing has 10 board changes on record in total.
Maf Clothing can be reached through the website mafclothing.com. Its registered office is in Bangalore, Karnataka, India.
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