MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0094146
Neet Textile Private Limited
Neet Textile Private Limited - fashion and accessories in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.69 Cr
▼ 64% YoY
Net profit · FY 2025
₹22,428
Net margin 0.1%
EBITDA · FY 2025
₹13.89 Lakh
EBITDA margin 5.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹2 Cr
Company age
11 yrs
Est. 2015
Directors on board
4
As per MCA filings
About Neet Textile Private Limited
Data last updated:
Neet Textile Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the fabrics and textiles segment of the fashion and accessories sector. It was incorporated on 31 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17123GJ2015PTC085541. Its GSTIN is 24AAFCN1075Q1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Navanitlal Chandulal Shah and Sobhanaben Navnitlal 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 76 77 79/1 79/2 Badami Colsa Mill Compound Opp. Municipal Ind Estate Bapunagar, Ahmedabad, Gujarat, India – 380024.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.69 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹22,428 (net margin 0.1%) and EBITDA of ₹13.89 Lakh (EBITDA margin 5.2%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹2 Cr on record.
Neet Textile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0094146). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17123GJ2015PTC085541
Registration Number 085541
Incorporation Date 31 December 2015
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 Small
Udyam Registration UDYAM-GJ-01-0094146
Key People
Navanitlal Chandulal Shah Director Sobhanaben Navnitlal Shah Director Hemal Navnitbhai Shah Director Recognitions & Rankings of Neet Textile
Contact details
Neet Textile Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address76 77 79/1 79/2 Badami Colsa Mill Compound Opp. Municipal Ind Estate Bapunagar, Ahmedabad, Gujarat, India – 380024
- IndustryFashion and Accessories, Fabrics and Textiles
To see the full contact details of Neet Textile Private Limited, buy the company report.
Comprehensive company report
Neet Textile 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 Neet Textile 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 Neet Textile Private Limited, buy the company report.
Financials of Neet Textile Private Limited
FY 2025 filings availableNeet Textile Private Limited reported revenue of ₹2.69 Cr (down 64% YoY) for FY 2025.
Revenue · FY 2025
₹2.69 Cr ▼ 64%
Net profit · FY 2025
₹22,428 margin 0.1%
EBITDA · FY 2025
₹13.89 Lakh margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 49%
5 years · compounded
▼ 33%
EBITDA CAGR growth
1 year
▼ 65%
3 years · compounded
▼ 45%
5 years · compounded
▼ 27%
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 64% fall in the latest year. EBITDA fell 65% 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 | ₹13.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22,428 | ||||
| Balance Sheet | |||||
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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 | 5.2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Neet Textile Private Limited, buy the company report.
Board of directors of Neet Textile Private Limited
Neet Textile has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navanitlal Chandulal Shah | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Sobhanaben Navnitlal Shah | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Hemal Navnitbhai Shah | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Binjal Hemalbhai Shah | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
Peer comparison
Neet Textile Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Sunflag Filaments Limited | ₹2.7 Cr (FY 2025) | -53.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Neet Textile Private Limitedthis company | ₹2.69 Cr (FY 2025) | ₹22,428 | 0.1% | -64.0% | Ahmedabad, Gujarat, India | |
| Farmsons Fabrics Pvt Ltd | ₹2.69 Cr (FY 2025) | 62.0% | Surat, Gujarat, India | |||
| Bhangdia Textile Mills Private Limited | ₹2.68 Cr (FY 2025) | 11.0% | Ichalkaranji, Maharashtra, India | |||
| Beyond Ribbons Private Limited | ₹2.68 Cr (FY 2025) | 252.0% | Surat, Gujarat, India |
To see the full peer comparison of Neet Textile Private Limited, buy the company report.
Auditor
Neet Textile Private Limited is audited by NAIGAM H SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAIGAM H SHAH & CO. | FY 2023 | 125365W |
Shareholding
The shareholding of Neet Textile 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 Neet Textile Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2021 | 100492015 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Neet Textile Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Neet Textile 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 Neet Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neet Textile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCN1075Q1Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neet Textile Private Limited, buy the company report.
Recent activity
Neet Textile Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Binjal Hemalbhai Shah was appointed as Director on 31 Dec 2015.
AGM
Neet Textile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neet Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 29 Sep 2021 via Charge ID 100492015 with Others was fully satisfied on 03 Oct 2024.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100492015 was registered on 29 Sep 2021.
Appointed
Binjal Hemalbhai Shah was appointed as Director.
Appointed
Hemal Navnitbhai Shah was appointed as Director.
Appointed
Navanitlal Chandulal Shah was appointed as Director.
Appointed
Sobhanaben Navnitlal Shah was appointed as Director.
Incorporation
31 Dec 2015
Neet Textile Private Limited was registered on 31 Dec 2015 with Roc Ahmedabad & aged 10 years 9 months as per MCA records.
Frequently asked questions
Neet Textile is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fabrics and textiles, within the fashion and accessories industry. It was incorporated on 31 December 2015 (11+ years old) and is registered under CIN U17123GJ2015PTC085541.
Neet Textile has 4 current directors:
- Navanitlal Chandulal Shah - Director
- Sobhanaben Navnitlal Shah - Director
- Hemal Navnitbhai Shah - Director
- Binjal Hemalbhai Shah - Director
The latest financial statements of Neet Textile 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 FY 2016 are in the company report.
The GSTIN of Neet Textile is 24AAFCN1075Q1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Neet Textile is U17123GJ2015PTC085541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neet Textile was incorporated on 31 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Neet Textile by revenue are Sunflag Filaments Limited, Farmsons Fabrics Pvt Ltd, Bhangdia Textile Mills Private Limited, Beyond Ribbons Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Binjal Hemalbhai Shah was appointed as Director on 31 Dec 2015. Hemal Navnitbhai Shah was appointed as Director on 31 Dec 2015. Navanitlal Chandulal Shah was appointed as Director on 31 Dec 2015. Neet Textile has 4 board changes on record in total.
Yes, Neet Textile is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0094146).
The registered office of Neet Textile is at 76 77 791 792 Badami Colsa Mill Compound Opp. Municipal Ind Estate Bapunagar, Ahmedabad, Gujarat, India – 380024.
Neet Textile operates in the fashion and accessories industry, in the fabrics and textiles segment.