MD Garments Private Limited
About MD Garments Private Limited
Data last updated:
MD Garments Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of G. Shankar Fashions Private Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 18 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U18109WB2003PTC096601. Its GSTIN is 19AADCM5555C1ZI (West Bengal).
The company has an authorised share capital of ₹51 Lakh and a paid-up capital of ₹29.95 Lakh. It is led by directors Ritesh Kedia and Sailey Kedia.
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 174 M G Road 1st Floor Roomno 46/1 & 46/2 Burra Bazar, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.9 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 0.1%) and EBITDA of ₹37.63 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹4.48 Cr and satisfied charges of ₹3.5 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MD Garments Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address174 M G Road 1st Floor Roomno 46/1 & 46/2 Burra Bazar, Kolkata, West Bengal, India – 700007
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of MD 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 MD Garments is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of MD Garments Private Limited, buy the company report.
Financials of MD Garments Private Limited
FY 2024 filings availableMD Garments Private Limited reported revenue of ₹10.9 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 51% growth in the latest year. EBITDA fell 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 | ₹37.63 Lakh | ||||
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| Net Profit (PAT) | ₹1.44 Lakh | ||||
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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 | 3.5% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of MD Garments Private Limited, buy the company report.
Board of directors of MD Garments Private Limited
MD Garments has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Kedia | Director | 18 Jul 2003 | 23 Years 3 Months | Current |
| Sailey Kedia Also directs: Nisha Apartments & Trading LLP | Director | 30 Jan 2012 | 14 Years 8 Months | Current |
Peer comparison
MD Garments Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zenith Fashions Private Limited | ₹10.97 Cr (FY 2025) | 14.0% | Bhubaneswar, Odisha, India | |||
| Beam Retail and Infra Private Limited | ₹10.92 Cr (FY 2025) | -13.0% | Gurgaon, Haryana, India | |||
| MD Garments Private Limitedthis company | ₹10.9 Cr (FY 2025) | ₹1.44 Lakh | 0.1% | 51.0% | Kolkata, West Bengal, India | |
| Travelling Trunk Private Limited | ₹10.82 Cr (FY 2024) | 15.0% | New Delhi, Delhi, India |
To see the full peer comparison of MD Garments Private Limited, buy the company report.
Auditor
MD Garments Private Limited is audited by CHHAPARIA AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHAPARIA AND ASSOCIATES | FY 2023 | 322169E |
Shareholding
The shareholding of MD Garments 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 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 MD Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101066723 | Hdfc Bank Limited | ₹1.1 Cr | Open | |
| 31 Jul 2023 | 100781860 | Others | ₹1.13 Cr | Open | |
| 19 Jul 2022 | 100604449 | Others | ₹1 Cr | Open | |
| 12 May 2009 | 10159775 | 3I Infotech Trusteeship Services Limited | ₹1.25 Cr | Open | |
| 22 Jul 2011 | 10298075 | Standard Chartered Bank | ₹1.75 Cr | Satisfied |
To see the full charge records of MD Garments Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
MD Garments Private Limited has 7 court cases on record: 6 filed by MD Garments, 1 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 2 |
Cases on record (3 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (CN) | Filed against the company by M/S. Sanvie Retail Private Limited | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Sanvie Retail Pvt Ltd and 5 others | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Ms Tirupati Business Pvt. Ltd. 1 Another | Disposed |
To see the full case history of MD 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
No delayed payments to MSME suppliers are on our record for MD Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MD Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCM5555C1ZI | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MD Garments Private Limited, buy the company report.
Recent activity
MD Garments Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Lata Devi Kedia ceased to be Director on 30 Jan 2012.
5 earlier events are in the company report.
Frequently asked questions
MD Garments is an active private limited company based in Kolkata, West Bengal, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 18 July 2003 (23+ years old) and is registered under CIN U18109WB2003PTC096601.
MD Garments has 2 current directors:
- Ritesh Kedia - Director
- Sailey Kedia - Director
The latest financial statements of MD Garments 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 MD Garments is 19AADCM5555C1ZI, registered in West Bengal.
The CIN (Corporate Identification Number) of MD Garments is U18109WB2003PTC096601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MD Garments has 7 court cases on record: 6 filed by the company and 1 filed against it. 2 are pending.
MD Garments was incorporated on 18 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of MD Garments by revenue are Zenith Fashions Private Limited, Beam Retail and Infra Private Limited, Travelling Trunk Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Lata Devi Kedia ceased to be Director on 30 Jan 2012. Sailey Kedia was appointed as Director on 30 Jan 2012. Ritesh Kedia was appointed as Director on 18 Jul 2003.
The registered office of MD Garments is at 174 M G Road 1st Floor Roomno 461 & 462 Burra Bazar, Kolkata, West Bengal, India – 700007.
MD Garments operates in the fashion and textile industry, in the fashion retail segment.