Panihari Sarees Private Limited
About Panihari Sarees Private Limited
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Panihari Sarees Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC071035. Its GSTIN is 24AAGCP7140M1Z7 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹4 Lakh. It is led by directors Vimalkumar Jain and Rajeshkumar Tarachand Sethi.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Shop No – 3088 2nd Floor Mahavir Textile Market Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.34 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹15.93 Lakh (net margin -46.4%) and EBITDA of ₹58,025 (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 36% over five years.
As per MCA filings, the company has satisfied charges of ₹85 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Panihari Sarees Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No – 3088 2nd Floor Mahavir Textile Market Ring Road, Surat, Gujarat, India – 395002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Panihari Sarees 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 Panihari Sarees 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 Panihari Sarees Private Limited, buy the company report.
Financials of Panihari Sarees Private Limited
FY 2025 filings availablePanihari Sarees Private Limited reported revenue of ₹34.34 Lakh (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 71% fall in the latest year. EBITDA fell 95% 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 | ₹58,025 | ||||
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| Net Profit (PAT) | -₹15.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | -46.4% | ||||
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To see the full financial statements and ratios of Panihari Sarees Private Limited, buy the company report.
Board of directors of Panihari Sarees Private Limited
Panihari Sarees has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimalkumar Jain | Director | 06 Jul 2012 | 14 Years 3 Months | Current |
| Rajeshkumar Tarachand Sethi | Director | 01 Aug 2012 | 14 Years 3 Months | Current |
Auditor
Panihari Sarees Private Limited is audited by JAIN SURESH KUMAR & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN SURESH KUMAR & CO | FY 2020 | 116078W |
Shareholding
The shareholding of Panihari Sarees Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Panihari Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2016 | 100073382 | Others | ₹85 Lakh | Satisfied |
To see the full charge records of Panihari Sarees Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Panihari Sarees 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 Panihari Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panihari Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCP7140M1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panihari Sarees Private Limited, buy the company report.
Recent activity
Panihari Sarees Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Nemichand Jain ceased to be Director on 08 Feb 2022.
Frequently asked questions
Panihari Sarees is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 July 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC071035.
Panihari Sarees has 2 current directors:
- Vimalkumar Jain - Director
- Rajeshkumar Tarachand Sethi - Director
The latest financial statements of Panihari Sarees on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Panihari Sarees is 24AAGCP7140M1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Panihari Sarees is U17120GJ2012PTC071035. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panihari Sarees was incorporated on 06 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nemichand Jain ceased to be Director on 08 Feb 2022. Rakeshkumar Jain ceased to be Director on 08 Feb 2022. Rajeshkumar Tarachand Sethi ceased to be Additional Director on 20 Sep 2013. Panihari Sarees has 5 board changes on record in total.
The registered office of Panihari Sarees is at Shop No – 3088 2nd Floor Mahavir Textile Market Ring Road, Surat, Gujarat, India – 395002.
Panihari Sarees operates in the home and lifestyle industry, in the textile retail and distribution segment.
Panihari Sarees has no open charges and satisfied charges of ₹85 Lakh as per latest MCA filings.
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