MN Garments Private Limited
About MN Garments Private Limited
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MN Garments Private Limited is a private limited company based in Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17309DL2019PTC357919. Its GSTIN is 07AANCM0995J1ZW (Delhi).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Nikita Gupta and Vanshaj Gupta.
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 IX/1538 Mukesh Gali Gandhi Nagar, Delhi, India – 110031.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.56 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.18 Lakh (net margin -4.8%) and EBITDA of -₹1.16 Lakh (EBITDA margin -4.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years.
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- Registered AddressIX/1538 Mukesh Gali Gandhi Nagar, Delhi, India – 110031
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of MN Garments Private Limited
The main business activity of MN Garments is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of MN Garments Private Limited FY 2025 filings available
MN Garments Private Limited reported revenue of ₹24.56 Lakh (up 1930% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of MN Garments Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 2% over three years. 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 of MN Garments Private Limited
| 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 | -₹1.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.18 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 of MN Garments Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MN Garments are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of MN Garments Private Limited
MN Garments Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gitanjali Textiles Private Limited | ₹24.63 Lakh (FY 2024) | •••• | •••• | 921.0% | •••• | Ahmedabad, Gujarat, India |
| PC Humans of Animal Land (OPC) Private Limited | ₹24.61 Lakh (FY 2025) | •••• | •••• | 70.0% | •••• | Noida, Uttar Pradesh, India |
| Bhargavi Textiles Private Limited | ₹24.57 Lakh (FY 2023) | •••• | •••• | -33.0% | •••• | Jadcherla, Telangana, India |
| Raoui Apparels Private Limited | ₹24.57 Lakh (FY 2024) | •••• | •••• | 4424.0% | •••• | Kollam, Kerala, India |
| Rasee Knitwear Private Limited | ₹24.56 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Changodar, Gujarat, India |
| MN Garments Private Limited this company | ₹24.56 Lakh (FY 2024) | •••• | •••• | 1930.0% | •••• | Delhi, India |
| Sree Ambal Processors Private Limited | ₹24.51 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Tirupur, Tamil Nadu, India |
| Sumeru Textiles Pvt Ltd | ₹24.5 Lakh (FY 2025) | •••• | •••• | 61.0% | •••• | Surat, Gujarat, India |
| Yogalaxmi Spinning Mills Private Limited | ₹24.45 Lakh (FY 2024) | •••• | •••• | -93.0% | •••• | Erode, Tamil Nadu, India |
| Adhyass Marketing Private Limited | ₹24.45 Lakh (FY 2021) | •••• | •••• | 2.0% | •••• | Bangalore, Karnataka, India |
| Pompuff Cushions (OPC) Private Limited | ₹24.39 Lakh (FY 2025) | •••• | •••• | -53.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below MN Garments by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of MN Garments Private Limited
MN Garments Private Limited is audited by Nidhi Bansal and Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nidhi Bansal and Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MN Garments Private Limited
MN 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 |
|---|---|---|---|---|
| Nikita Gupta | Director | 22 Nov 2019 | 6 Years 10 Months | Current |
| Vanshaj Gupta | Director | 09 Dec 2023 | 2 Years 10 Months | Current |
Ownership and Shareholding of MN Garments Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MN Garments Private Limited
MN Garments Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MN Garments Private Limited
Employment history and EPFO contributions of people linked to MN Garments.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on MN Garments Private Limited
MN Garments Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Madhu Gupta ceased to be Director on 01 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for MN Garments Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MN Garments Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MN Garments Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of MN Garments Private Limited
MN Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AANCM0995J1ZW | Delhi | Active | 04 Mar 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MN Garments Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about MN Garments Private Limited
MN Garments is an active private limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 November 2019 (7+ years old) and is registered under CIN U17309DL2019PTC357919.
MN Garments reported revenue of ₹24.56 Lakh for FY 2024 (up 1930% YoY).
MN Garments has 2 current directors:
- Nikita Gupta - Director
- Vanshaj Gupta - Director
MN Garments reported a net loss of ₹1.18 Lakh (net margin -4.8%) and EBITDA of -₹1.16 Lakh (EBITDA margin -4.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MN Garments is 2% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MN Garments is 07AANCM0995J1ZW, registered in Delhi.
The CIN (Corporate Identification Number) of MN Garments is U17309DL2019PTC357919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MN Garments was incorporated on 22 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of MN Garments by revenue are Gitanjali Textiles Private Limited, PC Humans of Animal Land (OPC) Private Limited, Bhargavi Textiles Private Limited, Raoui Apparels Private Limited, Rasee Knitwear Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Madhu Gupta ceased to be Director on 01 Jul 2024. Vanshaj Gupta was appointed as Director on 09 Dec 2023. Madhu Gupta was appointed as Director on 22 Nov 2019. MN Garments has 4 board changes on record in total.
The registered office of MN Garments is at IX1538 Mukesh Gali Gandhi Nagar, Delhi, India – 110031.