Startup India Government of India
Mibasu Garments Private Limited
Mibasu Garments Private Limited - manufacturing in Guntur, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹52.53 Lakh
▲ 106% YoY
Net profit · FY 2021
₹69,815
Net margin 1.3%
EBITDA · FY 2021
₹2 Lakh
EBITDA margin 3.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹88 Lakh
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
About Mibasu Garments Private Limited
Data last updated:
Mibasu Garments Private Limited is a private limited company based in Guntur, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 28 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U18209AP2018PTC108723. Its GSTIN is 37AALCM9371L1ZN (Andhra Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Harini Miriyala and Khadyoth Miriyala.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 11 – 820 Munuswami Nagar 2nd Lane Nagaralu Amaravathi Road Industrial Estate, Guntur, Andhra Pradesh, India – 522034.
As per the financials filed for FY 2021, the company reported a revenue of ₹52.53 Lakh, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹69,815 (net margin 1.3%) and EBITDA of ₹2 Lakh (EBITDA margin 3.8%).
As per MCA filings, the company has open charges of ₹88 Lakh on record.
Mibasu Garments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-04-0004078).
Company details
CIN U18209AP2018PTC108723
Registration Number 108723
Incorporation Date 28 June 2018
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-AP-04-0004078
Recognitions & Rankings of Mibasu Garments
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-AP-04-0004078
Contact details
Mibasu Garments Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address11 – 820 Munuswami Nagar 2nd Lane Nagaralu Amaravathi Road Industrial Estate, Guntur, Andhra Pradesh, India – 522034
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mibasu Garments Private Limited, buy the company report.
Comprehensive company report
Mibasu Garments Private Limited - 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
Business activity
The main business activity of Mibasu 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 Mibasu Garments Private Limited, buy the company report.
Financials of Mibasu Garments Private Limited
FY 2021 filings availableMibasu Garments Private Limited reported revenue of ₹52.53 Lakh (up 106% YoY) for FY 2021.
Revenue · FY 2021
₹52.53 Lakh ▲ 106%
Net profit · FY 2021
₹69,815 margin 1.3%
EBITDA · FY 2021
₹2 Lakh margin 3.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 106%
EBITDA CAGR growth
1 year
▼ 81%
Revenue rose 106% in the latest year. EBITDA fell 81% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| 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 | ₹2 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹69,815 | ||
| 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.8% | ||
| Net Profit Margin | 1.3% | ||
| 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 Mibasu Garments Private Limited, buy the company report.
Board of directors of Mibasu Garments Private Limited
Mibasu Garments has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harini Miriyala | Director | 05 Jun 2021 | 5 Years 4 Months | Current |
| Khadyoth Miriyala | Director | 05 Jun 2021 | 5 Years 4 Months | Current |
Peer comparison
Mibasu Garments Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Kapil Tex Fab Private Limited | ₹52.63 Lakh (FY 2025) | -6.0% | Shirpur, Maharashtra, India | |||
| K.P.Creations Limited | ₹52.61 Lakh (FY 2025) | -1.0% | Jaipur, Rajasthan, India | |||
| Mibasu Garments Private Limitedthis company | ₹52.53 Lakh (FY 2021) | ₹69,815 | 1.3% | 106.0% | Guntur, Andhra Pradesh, India | |
| M Square Enterprises Private Limited | ₹52.44 Lakh (FY 2025) | 167003.0% | Indore, Madhya Pradesh, India | |||
| Arw Textiles Private Limited | ₹52.38 Lakh (FY 2022) | 6000.0% | Warangal, Telangana, India | |||
| Bsa Knitting Private Limited | ₹52.35 Lakh (FY 2025) | Delhi, India |
To see the full peer comparison of Mibasu Garments Private Limited, buy the company report.
Shareholding
The shareholding of Mibasu Garments Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mibasu Garments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹88 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2021 | 100492189 | State Bank of India | ₹88 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mibasu Garments Private Limited 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 Mibasu Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mibasu Garments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AALCM9371L1ZN | Andhra Pradesh | Active | 25 Jul 2018 |
To see the full GST registrations and return filing status of Mibasu Garments Private Limited, buy the company report.
Recent activity
Mibasu Garments Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Harini Miriyala ceased to be Additional Director on 30 Nov 2021.
AGM
Mibasu Garments Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Ceased
Harini Miriyala ceased to be Additional Director.
Ceased
Khadyoth Miriyala ceased to be Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 88.00 Lakh with Charge ID 100492189 was registered on 29 Sep 2021.
Appointed
Harini Miriyala was appointed as Director.
Appointed
Khadyoth Miriyala was appointed as Director.
Ceased
Jyothi Miriyala ceased to be Director.
Filing
Mibasu Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Vijayawada.
Ceased
Kavya Teja Vadlamudi ceased to be Additional Director.
Ceased
Ashok Rajkumar Jaldi ceased to be Director.
Incorporation
28 Jun 2018
Mibasu Garments Private Limited was registered on 28 Jun 2018 with Roc Vijayawada & aged 8 years 3 months as per MCA records.
Frequently asked questions
Mibasu Garments is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 28 June 2018 (8+ years old) and is registered under CIN U18209AP2018PTC108723.
Mibasu Garments has 2 current directors:
- Harini Miriyala - Director
- Khadyoth Miriyala - Director
The latest financial statements of Mibasu Garments on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Mibasu Garments is 37AALCM9371L1ZN, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Mibasu Garments is U18209AP2018PTC108723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mibasu Garments was incorporated on 28 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Mibasu Garments by revenue are Kapil Tex Fab Private Limited, K.P.Creations Limited, M Square Enterprises Private Limited, Arw Textiles Private Limited, Bsa Knitting Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Harini Miriyala ceased to be Additional Director on 30 Nov 2021. Khadyoth Miriyala ceased to be Additional Director on 30 Nov 2021. Harini Miriyala was appointed as Director on 05 Jun 2021. Mibasu Garments has 7 board changes on record in total.
Yes, Mibasu Garments is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mibasu Garments is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-04-0004078).
The registered office of Mibasu Garments is at 11 – 820 Munuswami Nagar 2nd Lane Nagaralu Amaravathi Road Industrial Estate, Guntur, Andhra Pradesh, India – 522034.