MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TN-28-0023335
Miravastra Garments Private Limited
Miravastra Garments Private Limited - fashion and textile in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹62.54 Lakh
▲ 35% YoY
Net loss · FY 2021
₹14,017
Net margin -0.2%
EBITDA · FY 2021
₹23.77 Lakh
EBITDA margin 38%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2.63 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Miravastra Garments Private Limited
Data last updated:
Miravastra Garments Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 20 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17100TZ2015PTC021684. Its GSTIN is 33AAJCM9468J1ZV (Tamil Nadu).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramasamy Sasikala and Shanmugasundaram Prakash.
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 D\No.8/294 Srinagar Pitchampalayam, Tirupur, Tamil Nadu, India – 641603.
As per the financials filed for FY 2021, the company reported a revenue of ₹62.54 Lakh, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹14,017 (net margin -0.2%) and EBITDA of ₹23.77 Lakh (EBITDA margin 38%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹2.63 Cr on record.
Miravastra Garments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0023335). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U17100TZ2015PTC021684
Registration Number 021684
Incorporation Date 20 August 2015
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-28-0023335
Recognitions & Rankings of Miravastra Garments
Contact details
Miravastra Garments Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD\No.8/294 Srinagar Pitchampalayam, Tirupur, Tamil Nadu, India – 641603
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Miravastra Garments Private Limited, buy the company report.
Comprehensive company report
Miravastra 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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Business activity
The main business activity of Miravastra 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 Miravastra Garments Private Limited, buy the company report.
Financials of Miravastra Garments Private Limited
FY 2021 filings availableMiravastra Garments Private Limited reported revenue of ₹62.54 Lakh (up 35% YoY) for FY 2021.
Revenue · FY 2021
₹62.54 Lakh ▲ 35%
Net loss · FY 2021
₹14,017 margin -0.2%
EBITDA · FY 2021
₹23.77 Lakh margin 38%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 35%
3 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 4%
Revenue rose 35% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 15% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹62.54 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14,017 | ||||
| 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 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38% | ||||
| Net Profit Margin | -0.2% | ||||
| 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 Miravastra Garments Private Limited, buy the company report.
Board of directors of Miravastra Garments Private Limited
Miravastra Garments has 2 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 |
|---|---|---|---|---|
| Ramasamy Sasikala | Director | 14 Sep 2015 | 11 Years 2 Months | Current |
| Shanmugasundaram Prakash Also directs: Sashmith India Private Limited | Director | 14 Sep 2015 | 11 Years 2 Months | Current |
Peer comparison
Miravastra Garments Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Branded Wear), 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 |
|---|---|---|---|---|---|---|
| Capecanary Clothing Private Limited | ₹62.82 Lakh (FY 2024) | -28.0% | Gurgaon, Haryana, India | |||
| Kunstfjord Fashions Private Limited | ₹62.55 Lakh (FY 2025) | -79.0% | Kolkata, West Bengal, India | |||
| Miravastra Garments Private Limitedthis company | ₹62.54 Lakh (FY 2021) | -₹14,017 | -0.2% | 35.0% | Tirupur, Tamil Nadu, India | |
| Tanrish Styles Private Limited | ₹62.26 Lakh (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| D&K Import and Export Private Limited | ₹61.32 Lakh (FY 2024) | -52.0% | Rajapalayam, Tamil Nadu, India |
To see the full peer comparison of Miravastra Garments Private Limited, buy the company report.
Shareholding
The shareholding of Miravastra Garments Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Miravastra Garments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2016 | 100052347 | Indian Bank | ₹2.63 Cr | Open |
To see the full charge records of Miravastra Garments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Miravastra 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 Miravastra Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Miravastra Garments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCM9468J1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Miravastra Garments Private Limited, buy the company report.
Recent activity
Miravastra Garments Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Annapoorani ceased to be Director on 18 Sep 2015.
Charges
A charge with Indian Bank of Rs. 263.46 Lakh registered on 24 Feb 2016 with Charge ID 100052347 was modified on 13 Dec 2021.
AGM
Miravastra Garments Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Miravastra Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Coimbatore.
Charges
A charge with Indian Bank amounted to Rs. 263.46 Lakh with Charge ID 100052347 was registered on 24 Feb 2016.
Ceased
Annapoorani ceased to be Director.
Ceased
Samy Kavitha ceased to be Director.
Appointed
Ramasamy Sasikala was appointed as Director.
Appointed
Shanmugasundaram Prakash was appointed as Director.
Incorporation
20 Aug 2015
Miravastra Garments Private Limited was registered on 20 Aug 2015 with Roc Coimbatore & aged 11 years 2 months as per MCA records.
Frequently asked questions
Miravastra Garments is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 20 August 2015 (11+ years old) and is registered under CIN U17100TZ2015PTC021684.
Miravastra Garments has 2 current directors:
- Ramasamy Sasikala - Director
- Shanmugasundaram Prakash - Director
The latest financial statements of Miravastra 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 2016 are in the company report.
The GSTIN of Miravastra Garments is 33AAJCM9468J1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Miravastra Garments is U17100TZ2015PTC021684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miravastra Garments was incorporated on 20 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Miravastra Garments by revenue are Capecanary Clothing Private Limited, Kunstfjord Fashions Private Limited, Tanrish Styles Private Limited, D&K Import and Export Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Annapoorani ceased to be Director on 18 Sep 2015. Samy Kavitha ceased to be Director on 18 Sep 2015. Ramasamy Sasikala was appointed as Director on 14 Sep 2015. Miravastra Garments has 4 board changes on record in total.
Yes, Miravastra Garments is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-28-0023335).
The registered office of Miravastra Garments is at DNo.8294 Srinagar Pitchampalayam, Tirupur, Tamil Nadu, India – 641603.
Miravastra Garments operates in the fashion and textile industry, in the designer and branded fashion segment.
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