MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0018829
Parallel Plaids Uniforms Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.64 Cr
▼ 1% YoY
Net profit · FY 2025
₹2.99 Lakh
Net margin 0.4%
EBITDA · FY 2025
₹16.12 Lakh
EBITDA margin 2.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1.13 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Parallel Plaids Uniforms Private Limited
Data last updated:
Parallel Plaids Uniforms Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the workwear and uniforms segment of the fashion and textiles sector. It was incorporated on 10 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2016PTC280889. Its GSTIN is 27AAICP6305J1Z8 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Bhavik Sanjiv Parmar and Kiran Sagarmal Parmar.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.64 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.99 Lakh (net margin 0.4%) and EBITDA of ₹16.12 Lakh (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 23% over five years.
The company is associated with 1 brand: Parallel Plaids. As per MCA filings, the company has open charges of ₹1.13 Cr on record.
Parallel Plaids Uniforms Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0018829). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parallelplaidsuniforms.com.
Company details
CIN U17299MH2016PTC280889
Registration Number 280889
Incorporation Date 10 May 2016
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-18-0018829
Recognitions & Rankings of Parallel Plaids Uniforms
Contact details
Parallel Plaids Uniforms Private Limited's registered office is in Mumbai, Maharashtra. Its website is parallelplaidsuniforms.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressShop No 20B Everest Santacruz Chs Ltd Nehru Road Santacurz East Near Vihar H, Otel, Mumbai, Maharashtra, India – 400055
- IndustryFashion and Textile, Workwear & Uniforms
To see the full contact details of Parallel Plaids Uniforms Private Limited, buy the company report.
Comprehensive company report
Parallel Plaids Uniforms 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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Brands
Parallel Plaids Uniforms operates one associated brand: Parallel Plaids. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures custom uniforms for schools, corporates, healthcare, and other industries. | parallelplaidsuniforms.com |
Business activity
The main business activity of Parallel Plaids Uniforms 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 Parallel Plaids Uniforms Private Limited, buy the company report.
Financials of Parallel Plaids Uniforms Private Limited
FY 2025 filings availableParallel Plaids Uniforms Private Limited reported revenue of ₹6.64 Cr (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹6.64 Cr ▼ 1%
Net profit · FY 2025
₹2.99 Lakh margin 0.4%
EBITDA · FY 2025
₹16.12 Lakh margin 2.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 23%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 1%
5 years · compounded
▲ 27%
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA rose 5% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹16.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.99 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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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 | 2.4% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Parallel Plaids Uniforms Private Limited, buy the company report.
Board of directors of Parallel Plaids Uniforms Private Limited
Parallel Plaids Uniforms has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik Sanjiv Parmar Also directs: Brisk Mate LLP | Director | 10 May 2016 | 10 Years 5 Months | Current |
| Kiran Sagarmal Parmar Also directs: Brisk Mate LLP, Jyoti Charan Foundation | Director | 10 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Parallel Plaids Uniforms Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Uniform and Work Wear), 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 |
|---|---|---|---|---|---|---|
| Ruksh Garments Private Limited | ₹7.02 Cr (FY 2024) | -16.0% | Kanpur, Uttar Pradesh, India | |||
| Bee Cee Apparels Private Limited | ₹6.84 Cr (FY 2025) | 305.0% | Kolkata, West Bengal, India | |||
| Parallel Plaids Uniforms Private Limitedthis company | ₹6.64 Cr (FY 2025) | ₹2.99 Lakh | 0.4% | -1.0% | Mumbai, Maharashtra, India | |
| Steriattire India Private Limited | ₹6.52 Cr (FY 2024) | 41.0% | Sachin, Gujarat, India | |||
| PCM Apparels Private Limited | ₹6.45 Cr (FY 2024) | -12.0% | Jammu, Jammu and Kashmir, India | |||
| Tavoy Workwear Private Limited | ₹6.11 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Parallel Plaids Uniforms Private Limited, buy the company report.
Auditor
Parallel Plaids Uniforms Private Limited is audited by KACHHARA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KACHHARA & ASSOCIATES | FY 2020 | 104514W |
Shareholding
The shareholding of Parallel Plaids Uniforms Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Parallel Plaids Uniforms Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Feb 2024 | 100896019 | Others | ₹1.13 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Parallel Plaids Uniforms 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 Parallel Plaids Uniforms Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Parallel Plaids Uniforms has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP6305J1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parallel Plaids Uniforms Private Limited, buy the company report.
Recent activity
Parallel Plaids Uniforms Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Bhavik Sanjiv Parmar was appointed as Director on 10 May 2016.
AGM
Parallel Plaids Uniforms Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Parallel Plaids Uniforms Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 113.09 Lakh with Charge ID 100896019 was registered on 15 Feb 2024.
Appointed
Bhavik Sanjiv Parmar was appointed as Director.
Appointed
Kiran Sagarmal Parmar was appointed as Director.
Incorporation
10 May 2016
Parallel Plaids Uniforms Private Limited was registered on 10 May 2016 with Roc Mumbai I & aged 10 years 5 months as per MCA records.
Frequently asked questions
Parallel Plaids Uniforms is an active private limited company based in Mumbai, Maharashtra, India. The company works in workwear and uniforms, within the fashion and textile industry. It was incorporated on 10 May 2016 (10+ years old) and is registered under CIN U17299MH2016PTC280889.
Parallel Plaids Uniforms has 2 current directors:
- Bhavik Sanjiv Parmar - Director
- Kiran Sagarmal Parmar - Director
The latest financial statements of Parallel Plaids Uniforms 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 2017 are in the company report.
The GSTIN of Parallel Plaids Uniforms is 27AAICP6305J1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of Parallel Plaids Uniforms is U17299MH2016PTC280889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parallel Plaids Uniforms was incorporated on 10 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Parallel Plaids Uniforms by revenue are Ruksh Garments Private Limited, Bee Cee Apparels Private Limited, Steriattire India Private Limited, PCM Apparels Private Limited, Tavoy Workwear Private Limited, all in the Apparel industry (Uniform and Work Wear), with the same principal business activity (textile, leather and other apparel products).
Bhavik Sanjiv Parmar was appointed as Director on 10 May 2016. Kiran Sagarmal Parmar was appointed as Director on 10 May 2016.
Yes, Parallel Plaids Uniforms is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0018829).
Parallel Plaids Uniforms can be reached through the website parallelplaidsuniforms.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Parallel Plaids Uniforms is at Shop No 20B Everest Santacruz Chs Ltd Nehru Road Santacurz East Near Vihar H, Otel, Mumbai, Maharashtra, India – 400055.
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