MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0102044
Malwa Industries Ltd - fashion and textile in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.71 Lakh
▼ 100% YoY
Net loss · FY 2025
₹1.71 Cr
Latest filing
EBITDA · FY 2025
-₹1.02 Cr
Latest filing
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹96.93 Cr
Issued & subscribed
Satisfied charges
₹791.84 Cr
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
60
Provident fund records
About Malwa Industries Ltd
Data last updated:
Malwa Industries Ltd is a public limited company based in Ludhiana, Punjab, India. It operates in the denim and casual wear segment of the fashion and textiles sector. It was incorporated on 30 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17219PB1993PLC013187. Its GSTIN is 03AABCM1287D1ZY (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹96.93 Cr. It is led by directors including Rishi Oswal (Managing Director) and Manish Mahajan.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 88 Industrial Area – A Oswal Road, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.71 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.71 Cr and EBITDA of -₹1.02 Cr. Revenue has declined at a compounded annual rate (CAGR) of 968% over three years and 80% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Malwa. As per MCA filings, the company has satisfied charges of ₹791.84 Cr on record. Court records list 69 cases involving the company, including 26 filed by the company and 43 filed against it; 5 cases are pending. The company has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹56.69 Cr; the latest was in March 2019. The company has 4 MSME Form 1 returns on record between 2019 and 2021, listing 49 overdue payments to 14 micro and small suppliers.
Malwa Industries Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0102044). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website malwagroup.com.
Company details
CIN U17219PB1993PLC013187
Registration Number 013187
Incorporation Date 30 March 1993
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 08 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0102044
CIN history
Malwa Industries has one previous CIN (Corporate Identification Number): L17219PB1993PLC013187. The current CIN is U17219PB1993PLC013187, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17219PB1993PLC013187 | Current |
| L17219PB1993PLC013187 | Previous |
Recognitions & Rankings of Malwa Industries
Contact details
Malwa Industries Ltd's registered office is in Ludhiana, Punjab. Its website is malwagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address88 Industrial Area – A Oswal Road, Ludhiana, Punjab, India – 141003
- IndustryFashion and Textile, Denim & Casual Wear
To see the full contact details of Malwa Industries Ltd, buy the company report.
Comprehensive company report
Malwa Industries Ltd - 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
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Secure checkout · GST invoice included
Brands
Malwa Industries operates one associated brand: Malwa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Denim fabric manufacturing and innovative textile production in India. | malwagroup.com |
Business activity
The main business activity of Malwa Industries 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 Malwa Industries Ltd, buy the company report.
Financials of Malwa Industries Ltd
FY 2025 filings availableMalwa Industries Ltd reported revenue of ₹4.71 Lakh (down 100% YoY) for FY 2025.
Revenue · FY 2025
₹4.71 Lakh ▼ 100%
Net loss · FY 2025
₹1.71 Cr
EBITDA · FY 2025
-₹1.02 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 968%
5 years · compounded
▼ 80%
EBITDA CAGR growth
1 year
▼ 102%
5 years · compounded
▲ 50%
Revenue has declined at a compounded annual rate (CAGR) of 80% over five years. EBITDA fell 102% 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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| Total Expenses | |||||
| EBITDA | -₹1.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.71 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Malwa Industries Ltd, buy the company report.
Board of directors of Malwa Industries Ltd
Malwa Industries has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Mahajan | Director | 01 Aug 2024 | 2 Years 2 Months | Current |
| Rishi Oswal Also directs: Malwa Capital and Finance Limited, Kyga Wellness LLP | Managing Director | 30 Nov 1996 | 29 Years 10 Months | Current |
| Ashok Kumar Jain Also directs: Malwa Cotton Spinning Mills Ltd, Malwa Corp Limited, Oswal Knitting and Spinning Industries Limited and 5 more | Director | 25 Mar 2025 | 1 Years 6 Months | Current |
Auditor
Malwa Industries Ltd is audited by SPAA And Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPAA And Associates | FY 2023 | 010288N |
Shareholding
The shareholding of Malwa Industries Ltd 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 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 Malwa Industries Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹791.84 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2019 | 100243714 | Others | ₹20 Cr | Satisfied | |
| 29 Aug 2013 | 10456126 | Others | ₹76 Lakh | Satisfied | |
| 21 Jul 2012 | 10376021 | Idbi Bank Limited | ₹2.87 Cr | Satisfied | |
| 21 Jul 2012 | 10376019 | Idbi Bank Limited | ₹75 Lakh | Satisfied | |
| 21 Jul 2012 | 10375037 | State Bank of Patiala | ₹75 Lakh | Satisfied |
To see the full charge records of Malwa Industries Ltd, buy the company report.
Total charge records: 50 View all charges
Deals & funding
Malwa Industries Ltd has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹56.69 Cr; the latest was in March 2019.
Total deals
9
Funding rounds
5
Secondary share transfers
4
Disclosed funding
₹56.69 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Funding round | ₹20.26 Cr | Investors: Asset Reconstruction Company (India) Limited |
| Jun 2017 | Funding round | ₹6.4 Cr | Investors: Mercury Services Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Prime Holding Private Limited , Divoja Investment & Finance Private Limited Seller: Dimpro Investment & Finance Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Dimpro Investment & Finance Private Limited, 2 individuals Seller: Jangi Growth Fund Private Limited , Neelam Growth Fund Private Limited , Prime Holding Private Limited |
| Mar 2012 | Funding round | ₹11.03 Cr | Investors: Rishi Growth Fund Private Limited , Jangi Growth Fund Private Limited , Neelam Growth Fund Private Limited |
To see the full deal history of Malwa Industries Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Malwa Industries Ltd has 69 court cases on record: 26 filed by Malwa Industries, 43 filed against it. 5 cases are pending and 64 are disposed.
Total cases
69
Filed by the company
26
Filed against the company
43
Pending
5
Disposed
64
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 20 | 1 |
| High courts | 26 | 9 | 3 |
| Supreme Court | 6 | 6 | 0 |
| NCLT | 5 | 5 | 0 |
| NCLAT | 3 | 3 | 1 |
Cases on record (5 of 69)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, PUNJAB | Writ petition | Filed by the company against Punjab State Power Corporation Ltd and Others and 3 others | Pending |
| District court, Gurugram, Haryana | Court case (CS37) | Filed against the company by M/S Welco Agencies P Ltd | Pending |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by Sbi Capital Markets Ltd. | Disposed |
| District court, Ludhiana, Punjab | Criminal miscellaneous application | Filed by the company against Gurpar Industries Ltd. | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Asset Reconstruction Company (India) Ltd. Through Its Authrorised Officer the Ruby 10Th Floor, 29, Senapati Bapat Marg, Dadar, (West), Mumbai, Maharashtra ,Mumbai , Maharashtra | Disposed |
To see the full case history of Malwa Industries Ltd, 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
Malwa Industries Ltd has 4 MSME Form 1 returns on record between 2019 and 2021, listing 49 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Mohata Fabrics | |||
| Apollo Stationers | |||
| Arihant Agency | |||
| Shrichakra Webbing Company |
To see the full MSME payment records of Malwa Industries Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Malwa Industries Ltd has a workforce of 60 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
215.79%
GST
Malwa Industries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCM1287D1ZY | Punjab | Active | 01 Jul 2017 |
| 07AABCM1287D1ZQ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Malwa Industries Ltd, buy the company report.
Recent activity
Malwa Industries Ltd has 22 board changes on record since 1996: 4 appointments and 18 cessations. The latest: Ashok Kumar Jain was appointed as Director on 25 Mar 2025.
AGM
Malwa Industries Ltd last Annual general meeting of members was held on 08 Sep 2025 as per latest MCA records.
Filing
Malwa Industries Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Ashok Kumar Jain was appointed as Director.
Ceased
Manish Mahajan ceased to be Additional Director.
Appointed
Manish Mahajan was appointed as Director.
Charges
A charge registered on 17 Mar 1998 via Charge ID 90173549 with Ifci Limited was fully satisfied on 16 Apr 2024.
Charges
A charge registered on 17 Nov 1997 via Charge ID 90173496 with Canara Bank-Sbi-Sbop-Idbi Bank Ltd & Standard Chartered Bank. was fully satisfied on 28 Mar 2024.
Ceased
Ramesh Mago ceased to be Additional Director.
Charges
A charge registered on 21 Jul 2012 via Charge ID 10376021 with Idbi Bank Limited was fully satisfied on 13 Sep 2023.
Charges
A charge registered on 21 Jul 2012 via Charge ID 10376019 with Idbi Bank Limited was fully satisfied on 13 Sep 2023.
Charges
A charge registered on 26 Aug 2011 via Charge ID 10311211 with Idbi Bank Limited was fully satisfied on 13 Sep 2023.
Charges
A charge registered on 01 May 2010 via Charge ID 10225151 with Idbi Bank Limited was fully satisfied on 13 Sep 2023.
151 earlier events are in the company report.
Frequently asked questions
Malwa Industries is an active public limited company based in Ludhiana, Punjab, India. The company works in denim and casual wear, within the fashion and textile industry. It was incorporated on 30 March 1993 (33+ years old) and is registered under CIN U17219PB1993PLC013187.
Malwa Industries has 3 current directors:
- Rishi Oswal - Managing Director
- Manish Mahajan - Director
- Ashok Kumar Jain - Director
The latest financial statements of Malwa Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Malwa Industries is 03AABCM1287D1ZY, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AABCM1287D1ZQ (Delhi).
The CIN (Corporate Identification Number) of Malwa Industries is U17219PB1993PLC013187. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malwa Industries has 69 court cases on record: 26 filed by the company and 43 filed against it. 5 are pending. Most are in the district courts.
Malwa Industries was incorporated on 30 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.
Malwa Industries has 9 deals on record (5 funding rounds, 4 secondary share transfers), with disclosed funding of ₹56.69 Cr; the latest was in March 2019.
Ashok Kumar Jain was appointed as Director on 25 Mar 2025. Manish Mahajan ceased to be Additional Director on 29 Sep 2024. Manish Mahajan was appointed as Director on 01 Aug 2024. Malwa Industries has 22 board changes on record in total.
Yes, Malwa Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0102044).
Malwa Industries has 4 MSME Form 1 returns on record between 2019 and 2021, listing 49 overdue payments to 14 micro and small suppliers. The latest return was filed on 12 May 2021.