- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-25-0007620

M.R. Hosiery Private Limited
About M.R. Hosiery Private Limited
Data last updated:
M.R. Hosiery Private Limited is a private limited company based in Vapi, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 18 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18109GJ2009PTC056168. Its GSTIN is 24AAFCM9245B1ZO (Gujarat).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Mihir Bharatbhai Shah and Pravin Devchand Shah.
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 Plot No. C – 1 – B 1107/1 Near J.K. Textiles 3rd Phase GIDC, Vapi, Gujarat, India – 396195.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.15 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹5.29 Lakh (net margin -2.5%) and EBITDA of ₹23.5 Lakh (EBITDA margin 10.9%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 9% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.73 Cr and satisfied charges of ₹4.24 Cr on record.
M.R. Hosiery Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-25-0007620). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of M.R. Hosiery
Contact details
M.R. Hosiery Private Limited's registered office is in Vapi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. C – 1 – B 1107/1 Near J.K. Textiles 3rd Phase GIDC, Vapi, Gujarat, India – 396195
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of M.R. Hosiery 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 M.R. Hosiery 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 M.R. Hosiery Private Limited, buy the company report.
Financials of M.R. Hosiery Private Limited
FY 2025 filings availableM.R. Hosiery Private Limited reported revenue of ₹2.15 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 30% fall in the latest year. EBITDA fell 11% 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 | ₹23.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.29 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 | 10.9% | ||||
| Net Profit Margin | -2.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of M.R. Hosiery Private Limited, buy the company report.
Board of directors of M.R. Hosiery Private Limited
M.R. Hosiery has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mihir Bharatbhai Shah | Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Pravin Devchand Shah | Director | 18 Feb 2009 | 17 Years 8 Months | Current |
| Bharat Devchand Shah | Director | 18 Feb 2009 | 17 Years 8 Months | Current |
| Parin Ramesh Shah | Director | 18 Feb 2009 | 17 Years 8 Months | Current |
Peer comparison
M.R. Hosiery Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Hosiery, 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 |
|---|---|---|---|---|---|---|
| Rani Coats Mill Private Limited | ₹2.15 Cr (FY 2025) | 33.0% | Ghaziabad, Uttar Pradesh, India | |||
| Nobel Textiles (Indore) Private Limited | ₹2.15 Cr (FY 2025) | -3.0% | Indore, Madhya Pradesh, India | |||
| Malomo Private Limited | ₹2.15 Cr (FY 2022) | 767.0% | Noida, Uttar Pradesh, India | |||
| M.R. Hosiery Private Limitedthis company | ₹2.15 Cr (FY 2025) | -₹5.29 Lakh | -2.5% | -30.0% | 8 | Vapi, Gujarat, India |
| Suprita Texfab Private Limited | ₹2.15 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Leena Fashion Embroiders Private Limited | ₹2.15 Cr (FY 2021) | -60.0% | Mumbai, Maharashtra, India | |||
| Nahk Jeans Private Limited | ₹2.15 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Rangoli Texturisers Pvt Ltd | ₹2.15 Cr (FY 2025) | -33.0% | Surat, Gujarat, India |
To see the full peer comparison of M.R. Hosiery Private Limited, buy the company report.
Auditor
M.R. Hosiery Private Limited is audited by R. J. DESAI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. J. DESAI & CO. | FY 2023 | 123498W |
Shareholding
The shareholding of M.R. Hosiery 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 M.R. Hosiery Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2023 | 100708004 | Others | ₹1.73 Cr | Satisfied | |
| 31 Oct 2013 | 10462815 | State Bank of India | ₹1.55 Cr | Satisfied | |
| 11 Dec 2010 | 10254954 | State Bank of India | ₹95.5 Lakh | Satisfied |
To see the full charge records of M.R. Hosiery Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving M.R. Hosiery 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
M.R. Hosiery Private Limited has 18 MSME Form 1 returns on record between 2019 and 2023, listing 827 overdue payments to 22 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 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Aqua Neer Healthcare | |||
| Sankeshwar Fab LLP | |||
| Lucky Packaging |
To see the full MSME payment records of M.R. Hosiery Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
M.R. Hosiery Private Limited has a workforce of 8 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
M.R. Hosiery has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM9245B1ZO | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M.R. Hosiery Private Limited, buy the company report.
Recent activity
M.R. Hosiery Private Limited has 6 board changes on record since 2009: 4 appointments and 2 cessations. The latest: Mihir Bharatbhai Shah ceased to be Additional Director on 30 Nov 2021.
4 earlier events are in the company report.
Frequently asked questions
M.R. Hosiery is an active private limited company based in Vapi, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 18 February 2009 (17+ years old) and is registered under CIN U18109GJ2009PTC056168.
M.R. Hosiery has 4 current directors:
- Mihir Bharatbhai Shah - Director
- Pravin Devchand Shah - Director
- Bharat Devchand Shah - Director
- Parin Ramesh Shah - Director
The latest financial statements of M.R. Hosiery 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 M.R. Hosiery is 24AAFCM9245B1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of M.R. Hosiery is U18109GJ2009PTC056168. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.R. Hosiery was incorporated on 18 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of M.R. Hosiery by revenue are Rani Coats Mill Private Limited, Nobel Textiles (Indore) Private Limited, Malomo Private Limited, Suprita Texfab Private Limited, Leena Fashion Embroiders Private Limited and 2 more, all in the Manufacturing industry (Hosiery, Textiles), with the same principal business activity (textile, leather and other apparel products).
Mihir Bharatbhai Shah ceased to be Additional Director on 30 Nov 2021. Mihir Bharatbhai Shah was appointed as Director on 01 Apr 2021. Vinay Kimjibhai Shah ceased to be Director on 26 Oct 2010. M.R. Hosiery has 6 board changes on record in total.
Yes, M.R. Hosiery is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-25-0007620).
M.R. Hosiery has 18 MSME Form 1 returns on record between 2019 and 2023, listing 827 overdue payments to 22 micro and small suppliers. The latest return was filed on 14 Nov 2023.
The registered office of M.R. Hosiery is at Plot No. C – 1 – B 11071 Near J.K. Textiles 3rd Phase GIDC, Vapi, Gujarat, India – 396195.
M.R. Hosiery operates in the manufacturing industry, in the textile and fabric production segment.

