MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0007096
Micro Weaves Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹55.7 Cr
▼ 12% YoY
Net profit · FY 2024
₹40.12 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹4.62 Cr
EBITDA margin 8.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹78 Lakh
Issued & subscribed
Open charges
₹20.23 Cr
Satisfied ₹15.71 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
56
Provident fund records
About Micro Weaves Private Limited
Data last updated:
Micro Weaves Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 06 May 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17111GJ2004PTC044097. Its GSTIN is 24AADCM9003H1ZQ (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹78 Lakh. It is led by directors including Vimal Gulabchand Chheda (Whole-Time Director) and Narendra Ramji Chheda (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 109 GIDC Khatodra Bh Subjail Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.7 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹40.12 Lakh (net margin 0.7%) and EBITDA of ₹4.62 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 8% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.23 Cr and satisfied charges of ₹15.71 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Micro Weaves Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0007096). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website microweavespvtltd.com.
Company details
CIN U17111GJ2004PTC044097
Registration Number 044097
Incorporation Date 06 May 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0007096
Key People
Vimal Gulabchand Chheda Whole-Time Director Narendra Ramji Chheda Whole-Time Director Subhash Ramji Shah Director Recognitions & Rankings of Micro Weaves
Contact details
Micro Weaves Private Limited's registered office is in Surat, Gujarat. Its website is microweavespvtltd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address109 GIDC Khatodra Bh Subjail Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Micro Weaves Private Limited, buy the company report.
Comprehensive company report
Micro Weaves 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Micro Weaves 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 Micro Weaves Private Limited, buy the company report.
Financials of Micro Weaves Private Limited
FY 2025 filings availableMicro Weaves Private Limited reported revenue of ₹55.7 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹55.7 Cr ▼ 12%
Net profit · FY 2024
₹40.12 Lakh margin 0.7%
EBITDA · FY 2024
₹4.62 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 29%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 13%
5 years · compounded
▲ 6%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.12 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Micro Weaves Private Limited, buy the company report.
Board of directors of Micro Weaves Private Limited
Micro Weaves has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Gulabchand Chheda Also directs: Visshwa Dyeing & Printing LLP | Whole-Time Director | 06 May 2004 | 22 Years 5 Months | Current |
| Narendra Ramji Chheda Also directs: Shahlon Textile Park Private Limited | Whole-Time Director | 06 May 2004 | 22 Years 5 Months | Current |
| Subhash Ramji Shah | Director | 06 May 2004 | 22 Years 5 Months | Current |
| Jiten Gulabchand Chheda | Director | 01 Oct 2010 | 16 Years 0 Months | Current |
| Hitesh Gulabchand Chheda | Director | 01 Oct 2010 | 16 Years 0 Months | Current |
Peer comparison
Micro Weaves Private Limited is compared with the 10 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 |
|---|---|---|---|---|---|---|
| Unicotsyn Private Limited | ₹55.97 Cr (FY 2024) | -18.0% | Kolkata, West Bengal, India | |||
| Anushree Textiles Private Limited | ₹55.91 Cr (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| K. B. Syncotex Private Limited | ₹55.87 Cr (FY 2025) | 46.0% | Surat, Gujarat, India | |||
| Go Go International Private Limited | ₹55.75 Cr (FY 2025) | -4.0% | Bangalore, Karnataka, India | |||
| Reinvent Apparels Private Limited | ₹55.71 Cr (FY 2024) | 68.0% | Erode, Tamil Nadu, India | |||
| Micro Weaves Private Limitedthis company | ₹55.7 Cr (FY 2024) | ₹40.12 Lakh | 0.7% | -12.0% | 56 | Surat, Gujarat, India |
| Silver Fab Suiting Private Limited | ₹55.68 Cr (FY 2025) | 11.0% | Rajasthan, India | |||
| Sangeet Syntex Limited | ₹55.67 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| The Palani Andavar Mills Private Limited | ₹55.66 Cr (FY 2025) | 6.0% | Udamalpet, Tamil Nadu, India | |||
| Maximum Synthetics Private Limited | ₹55.65 Cr (FY 2017) | -49.0% | Bhilwara, Rajasthan, India | |||
| Khatushyam Dyeing and Printing Mills Private Limited | ₹55.62 Cr (FY 2025) | 19.0% | Surat, Gujarat, India |
To see the full peer comparison of Micro Weaves Private Limited, buy the company report.
Auditor
Micro Weaves Private Limited is audited by JPM & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JPM & CO. | FY 2023 | 132888W |
Shareholding
The shareholding of Micro Weaves 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 Micro Weaves Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.23 Cr
Satisfied charges
₹15.71 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2025 | 101175973 | Others | ₹15.5 Lakh | Open | |
| 29 Jul 2024 | 100962974 | Others | ₹2 Cr | Open | |
| 07 Mar 2023 | 100689489 | Others | ₹20 Lakh | Open | |
| 04 Jul 2013 | 10439803 | Others | ₹17.87 Cr | Open | |
| 19 Mar 2025 | 101065834 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Micro Weaves Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Micro Weaves Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vellore, Tamil Nadu | Court case (IP) | Filed against the company by an individual | Pending |
| District court, Tirupathur, Tamil Nadu | Court case (IP) | Filed against the company | Pending |
To see the full case history of Micro Weaves 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
Micro Weaves Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 460 overdue payments to 32 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 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rajhans Infracon (India) Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Micro Weaves Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Micro Weaves Private Limited has a workforce of 56 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
56
Active EPFO establishments
1
Employee growth
-8.2%
GST
Micro Weaves has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM9003H1ZQ | Gujarat | Active | 01 Jul 2017 |
| 27AADCM9003H1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Micro Weaves Private Limited, buy the company report.
Recent activity
Micro Weaves Private Limited has 9 board changes on record since 2004: 7 appointments and 2 cessations. The latest: Gulabchand Ramji Shah ceased to be Director on 15 Jun 2019.
Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 101175973 was registered on 17 Oct 2025.
AGM
Micro Weaves Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 17.87 Cr registered on 04 Jul 2013 with Charge ID 10439803 was modified on 04 Sep 2025.
Charges
A charge registered on 19 Mar 2025 via Charge ID 101065834 with Others was fully satisfied on 16 Jun 2025.
Charges
A charge registered on 08 Jun 2022 via Charge ID 100582059 with Others was fully satisfied on 12 Jun 2025.
Filing
Micro Weaves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101065834 was registered on 19 Mar 2025.
Charges
A charge registered on 10 Nov 2021 via Charge ID 100504946 with Others was fully satisfied on 16 Nov 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100962974 was registered on 29 Jul 2024.
Charges
A charge registered on 19 Mar 2024 via Charge ID 100888616 with Others was fully satisfied on 19 Jun 2024.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100888616 was registered on 19 Mar 2024.
Charges
A charge registered on 23 Oct 2023 via Charge ID 100805209 with Others was fully satisfied on 29 Jan 2024.
45 earlier events are in the company report.
Frequently asked questions
Micro Weaves is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 06 May 2004 (22+ years old) and is registered under CIN U17111GJ2004PTC044097.
Micro Weaves has 5 current directors:
- Vimal Gulabchand Chheda - Whole-Time Director
- Narendra Ramji Chheda - Whole-Time Director
- Subhash Ramji Shah - Director
- Jiten Gulabchand Chheda - Director
- Hitesh Gulabchand Chheda - Director
The latest financial statements of Micro Weaves on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Micro Weaves is 24AADCM9003H1ZQ, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCM9003H1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Micro Weaves is U17111GJ2004PTC044097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micro Weaves has 2 court cases on record: 2 filed against it. 2 are pending.
Micro Weaves was incorporated on 06 May 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Micro Weaves by revenue are Unicotsyn Private Limited, Anushree Textiles Private Limited, K. B. Syncotex Private Limited, Go Go International Private Limited, Reinvent Apparels Private Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Gulabchand Ramji Shah ceased to be Director on 15 Jun 2019. Jaya Narendra Chheda ceased to be Director on 15 Jun 2019. Gulabchand Ramji Shah was appointed as Director on 01 Oct 2010. Micro Weaves has 9 board changes on record in total.
Yes, Micro Weaves is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0007096).
Micro Weaves has 7 MSME Form 1 returns on record between 2020 and 2023, listing 460 overdue payments to 32 micro and small suppliers. The latest return was filed on 17 Jan 2024.
Micro Weaves can be reached through the website microweavespvtltd.com. Its registered office is in Surat, Gujarat, India.