Orion Hosiery Private Limited

Orion Hosiery Private Limited - appreal & fashion in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN U72200PB1995PTC016054 Incorporated 20 March 1995 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Private Limited Company appreal and fashion MSME · Micro
Data last updated
Revenue · FY 2024
₹3.31 Cr
▼ 30% YoY
Net profit · FY 2024
₹6.76 Lakh
Net margin 2%
EBITDA · FY 2024
₹22.96 Lakh
EBITDA margin 6.9%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹43.77 Lakh
Issued & subscribed
Open charges
₹13.7 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
4
As per MCA filings

About Orion Hosiery Private Limited

Data last updated:

Orion Hosiery Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 20 March 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U72200PB1995PTC016054. Its GSTIN is 03AAACO5181F1ZS (Punjab).

The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹43.77 Lakh. It is led by directors including Arush Jain (Whole-Time Director) and Apaar Jain (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at New Ashok Nagar – B Near Octave Clothing, Ludhiana, Punjab, India – 141007.

As per the financials filed for FY 2024, the company reported a revenue of ₹3.31 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹6.76 Lakh (net margin 2%) and EBITDA of ₹22.96 Lakh (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹13.7 Cr on record.

Orion Hosiery Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0016172). The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company details

CIN U72200PB1995PTC016054
Registration Number 016054
Incorporation Date 20 March 1995
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-PB-12-0016172
Key People
Arush Jain Whole-Time Director Apaar Jain Whole-Time Director Vishal Jain Director

Recognitions & Rankings of Orion Hosiery

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-PB-12-0016172

Contact details

Orion Hosiery Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    New Ashok Nagar – B Near Octave Clothing, Ludhiana, Punjab, India – 141007
  • Industry
    Appreal & Fashion, Leather, Textile, Apparel

To see the full contact details of Orion Hosiery Private Limited, buy the company report.

Comprehensive company report
Orion Hosiery 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 Orion Hosiery is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Orion Hosiery Private Limited, buy the company report.

Financials of Orion Hosiery Private Limited

FY 2024 filings available

Orion Hosiery Private Limited reported revenue of ₹3.31 Cr (down 30% YoY) for FY 2024.

Revenue · FY 2024
₹3.31 Cr ▼ 30%
Net profit · FY 2024
₹6.76 Lakh margin 2%
EBITDA · FY 2024
₹22.96 Lakh margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 33%
5 years · compounded
▲ 11%

Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA rose 3% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹22.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.76 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.9%
Net Profit Margin2%
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 Orion Hosiery Private Limited, buy the company report.

Board of directors of Orion Hosiery Private Limited

Orion Hosiery has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vishal JainDirector18 Jul 200521 Years 3 MonthsCurrent
Harsh JainDirector20 Mar 200323 Years 7 MonthsCurrent
Arush JainWhole-Time Director15 Jan 201610 Years 9 MonthsCurrent
Apaar JainWhole-Time Director15 Jan 201610 Years 9 MonthsCurrent
View all directors

Peer comparison

Orion Hosiery Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Hosiery, Inner Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
M G Hosiery Private Limited₹3.76 Cr (FY 2025)27.0%Tirupur, Tamil Nadu, India
Star Socks Private Limited₹3.74 Cr (FY 2019)-2.0%Coimbatore, Tamil Nadu, India
Fitfor Innerwear Private Limited₹3.6 Cr (FY 2024)-78.0%New Delhi, Delhi, India
Orion Hosiery Private Limitedthis company₹3.31 Cr (FY 2024)₹6.76 Lakh2%-30.0%Ludhiana, Punjab, India
J M Hosiery Mills Private Limited₹3.26 Cr (FY 2025)37.0%Ludhiana, Punjab, India
Aakar Intimates Private Limited₹3.18 Cr (FY 2024)4.0%Agra, Uttar Pradesh, India
L C Oswal Hosiery Private Limited₹3.16 Cr (FY 2024)0.0%Punjab, India

To see the full peer comparison of Orion Hosiery Private Limited, buy the company report.

Auditor

Orion Hosiery Private Limited is audited by ANIL PAUL JAIN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ANIL PAUL JAIN & ASSOCIATESFY 2023085313

Shareholding

The shareholding of Orion 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Orion Hosiery Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.7 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹13.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Aug 2022100652031Hdfc Bank Limited₹13.62 CrOpen
12 Apr 2021100447928Hdfc Bank Limited₹8.05 LakhOpen

To see the full charge records of Orion Hosiery Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Orion Hosiery Private Limited has 3 MSME Form 1 returns on record between 2019 and 2022, listing 111 overdue payments to 16 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 16)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
an individual supplier
Vee Jain Dyes & Chemicals

To see the full MSME payment records of Orion Hosiery Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Orion Hosiery has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
03AAACO5181F1ZSPunjabActive03 Aug 2017

To see the full GST registrations and return filing status of Orion Hosiery Private Limited, buy the company report.

Recent activity

Orion Hosiery Private Limited has 6 board changes on record since 2003: 4 appointments and 2 cessations. The latest: Apaar Jain ceased to be Additional Director on 30 Sep 2016.

Charges
A charge with Hdfc Bank Limited of Rs. 1,361.61 Lakh registered on 28 Aug 2022 with Charge ID 100652031 was modified on 11 Feb 2025.
AGM
Orion Hosiery Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Orion Hosiery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1,361.61 Lakh with Charge ID 100652031 was registered on 28 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.05 Lakh with Charge ID 100447928 was registered on 12 Apr 2021.
Ceased
Apaar Jain ceased to be Additional Director.
Ceased
Arush Jain ceased to be Additional Director.
Appointed
Apaar Jain was appointed as Whole-Time Director.
Appointed
Arush Jain was appointed as Whole-Time Director.
Appointed
Vishal Jain was appointed as Director.
Appointed
Harsh Jain was appointed as Director.
Incorporation
20 Mar 1995
Orion Hosiery Private Limited was registered on 20 Mar 1995 with Roc Chandigarh & aged 31 years 7 months as per MCA records.

Frequently asked questions

Orion Hosiery is an active private limited company based in Ludhiana, Punjab, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 20 March 1995 (31+ years old) and is registered under CIN U72200PB1995PTC016054.

Orion Hosiery has 4 current directors:

The latest financial statements of Orion Hosiery on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Orion Hosiery is 03AAACO5181F1ZS, registered in Punjab.

The CIN (Corporate Identification Number) of Orion Hosiery is U72200PB1995PTC016054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Orion Hosiery was incorporated on 20 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.

The peers of Orion Hosiery by revenue are M G Hosiery Private Limited, Star Socks Private Limited, Fitfor Innerwear Private Limited, J M Hosiery Mills Private Limited, Aakar Intimates Private Limited and 1 more, all in the Apparel industry (Hosiery, Inner Wear), with the same principal business activity (textile, leather and other apparel products).

Apaar Jain ceased to be Additional Director on 30 Sep 2016. Arush Jain ceased to be Additional Director on 30 Sep 2016. Apaar Jain was appointed as Whole-Time Director on 15 Jan 2016. Orion Hosiery has 6 board changes on record in total.

Yes, Orion Hosiery is registered as a micro enterprise under Udyam registration (number: UDYAM-PB-12-0016172).

Orion Hosiery has 3 MSME Form 1 returns on record between 2019 and 2022, listing 111 overdue payments to 16 micro and small suppliers. The latest return was filed on 05 May 2022.

The registered office of Orion Hosiery is at New Ashok Nagar – B Near Octave Clothing, Ludhiana, Punjab, India – 141007.

Orion Hosiery operates in the apparel and fashion industry, in the leather segment.