Ngee Weavetex LLP
About Ngee Weavetex LLP
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Ngee Weavetex LLP is a limited liability partnership (LLP) based in Rajkot, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 May 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAP-4051. Its GSTIN is 24AAQFN5457N1ZJ (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Chirag Nagjibhai Desai and Ravi Bhupendrabhai Godhani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Rajkot, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹18.24 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.84 Cr (net margin -21.1%) and EBITDA of -₹3.53 Cr (EBITDA margin -19.3%). Revenue has grown at a compounded annual rate (CAGR) of 423% over three years.
The LLP has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹60 Cr on record.
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- Registered AddressOrachid Apartment Bl. 102 Jalaram – 2 Street No. 2 University Ro, Ad, Rajkot, Gujarat, India – 360007
- 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
Financials of Ngee Weavetex LLP FY 2025 filings available
Ngee Weavetex LLP reported revenue of ₹18.24 Cr (up 7729% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Ngee Weavetex LLP
Revenue has grown at a compounded annual rate (CAGR) of 423% over three years. 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 Ngee Weavetex LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Income | ₹18.24 Cr | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• |
| Profit After Tax | -₹3.84 Cr | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• |
| Assets and Liabilities | ||||
| Partners' Contribution | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• |
Financial Ratios of Ngee Weavetex LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | -21.1% | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• |
| Liquidity and Debt | ||||
| Current Ratio | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• |
| Efficiency and Growth | ||||
| Asset Turnover | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Ngee Weavetex 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.
Designated Partners of Ngee Weavetex LLP
Ngee Weavetex has 7 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Nagjibhai Desai | Designated Partner | 23 May 2019 | 7 Years 4 Months | Current |
| Ravi Bhupendrabhai Godhani | Designated Partner | 23 May 2019 | 7 Years 4 Months | Current |
| Pankaj Gopalbhai Dhamsania Also directs: Narmada Spun Private Limited | Designated Partner | 23 May 2019 | 7 Years 4 Months | Current |
| Pareshbhai Gopalbhai Dhamsaniya | Designated Partner | 23 May 2019 | 7 Years 4 Months | Current |
| Jerambhai Kurjibhai Bhalodia Also directs: Narmada Spun Private Limited | Designated Partner | 23 May 2019 | 7 Years 4 Months | Current |
| Gautambhai Gopalbhai Dhamsania | Designated Partner | 23 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Ngee Weavetex LLP
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 Ngee Weavetex LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2021 | Svc Co-Operative Bank Limited | ₹30 Cr | Open |
| 15 Sep 2021 | Svc Co-Operative Bank Limited | ₹30 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Ngee Weavetex LLP
Ngee Weavetex LLP has a workforce of 14 employees as of Apr 01, 2024.
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 Ngee Weavetex LLP
Ngee Weavetex LLP has 7 designated partner changes on record since 2019: 7 appointments. The latest: Chirag Nagjibhai Desai was appointed as Designated Partner on 23 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ngee Weavetex LLP
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 Ngee Weavetex LLP
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 Ngee Weavetex LLP
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 Ngee Weavetex LLP
Ngee Weavetex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQFN5457N1ZJ | Gujarat | Active | 05 Jun 2019 |
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 Ngee Weavetex LLP
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 Ngee Weavetex LLP
Ngee Weavetex is an active limited liability partnership based in Rajkot, Gujarat, India. The LLP works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 May 2019 (7+ years old) and is registered under LLPIN AAP-4051.
Ngee Weavetex reported revenue of ₹18.24 Cr for FY 2023 (up 7729% YoY).
Ngee Weavetex has 7 current designated partners:
- Chirag Nagjibhai Desai - Designated Partner
- Ravi Bhupendrabhai Godhani - Designated Partner
- Pankaj Gopalbhai Dhamsania - Designated Partner
- Pareshbhai Gopalbhai Dhamsaniya - Designated Partner
- Jerambhai Kurjibhai Bhalodia - Designated Partner
- Gautambhai Gopalbhai Dhamsania - Designated Partner
- Jaysukhbhai Harjibhai Bhalodiya - Designated Partner
Ngee Weavetex reported a net loss of ₹3.84 Cr (net margin -21.1%) and EBITDA of -₹3.53 Cr (EBITDA margin -19.3%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ngee Weavetex is 423% over three years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ngee Weavetex is 24AAQFN5457N1ZJ, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Ngee Weavetex is AAP-4051. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Ngee Weavetex was incorporated on 23 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chirag Nagjibhai Desai was appointed as Designated Partner on 23 May 2019. Gautambhai Gopalbhai Dhamsania was appointed as Designated Partner on 23 May 2019. Jaysukhbhai Harjibhai Bhalodiya was appointed as Designated Partner on 23 May 2019. Ngee Weavetex has 7 designated partner changes on record in total.
The registered office of Ngee Weavetex is at Orachid Apartment Bl. 102 Jalaram – 2 Street No. 2 University Ro, Ad, Rajkot, Gujarat, India – 360007.