Parasnath Techgarments Private Limited

Parasnath Techgarments Private Limited - fashion and textile in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U18109UP2001PTC026148 Incorporated 25 July 2001 ROC Kanpur HQ Kanpur, Uttar Pradesh, India
Active Private Limited Company fashion and textile MSME · Small
Data last updated
Revenue · FY 2024
₹39.96 Cr
▼ 15% YoY
Net profit · FY 2024
₹1.32 Cr
Net margin 3.3%
EBITDA · FY 2024
₹2.95 Cr
EBITDA margin 7.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.79 Cr
Issued & subscribed
Open charges
₹66.6 Cr
Satisfied ₹13 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
63
Provident fund records

About Parasnath Techgarments Private Limited

Data last updated:

Parasnath Techgarments Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the workwear and uniforms segment of the fashion and textiles sector. It was incorporated on 25 July 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U18109UP2001PTC026148. Its GSTIN is 09AACCP2649F1ZE (Uttar Pradesh).

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors including Sandip Kumar Jain and Rakesh Kumar Jain.

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 G – 16 59/132 A Old Dalmandi, Kanpur, Uttar Pradesh, India – 208001.

As per the financials filed for FY 2024, the company reported a revenue of ₹39.96 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Cr (net margin 3.3%) and EBITDA of ₹2.95 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 10% over five years.

The company has about 63 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹66.6 Cr and satisfied charges of ₹13 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.

Parasnath Techgarments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-43-0013152). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parasnathtechgarments.in.

Company details

CIN U18109UP2001PTC026148
Registration Number 026148
Incorporation Date 25 July 2001
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-43-0013152

Recognitions & Rankings of Parasnath Techgarments

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-43-0013152

Contact details

Parasnath Techgarments Private Limited's registered office is in Kanpur, Uttar Pradesh. Its website is parasnathtechgarments.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    G – 16 59/132 A Old Dalmandi, Kanpur, Uttar Pradesh, India – 208001
  • Industry
    Fashion and Textile, Workwear & Uniforms

To see the full contact details of Parasnath Techgarments Private Limited, buy the company report.

Comprehensive company report
Parasnath Techgarments 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 Parasnath Techgarments 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 Parasnath Techgarments Private Limited, buy the company report.

Financials of Parasnath Techgarments Private Limited

FY 2024 filings available

Parasnath Techgarments Private Limited reported revenue of ₹39.96 Cr (down 15% YoY) for FY 2024.

Revenue · FY 2024
₹39.96 Cr ▼ 15%
Net profit · FY 2024
₹1.32 Cr margin 3.3%
EBITDA · FY 2024
₹2.95 Cr margin 7.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 21%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 2%
5 years · compounded
▼ 7%

Revenue fell 15% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 50% 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₹2.95 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.32 Cr
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 Margin7.4%
Net Profit Margin3.3%
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 Parasnath Techgarments Private Limited, buy the company report.

Board of directors of Parasnath Techgarments Private Limited

Parasnath Techgarments has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sandip Kumar JainDirector25 Jul 200125 Years 3 MonthsCurrent
Shobha JainAdditional Director01 Jun 20197 Years 4 MonthsCurrent
Rakesh Kumar JainDirector25 Jul 200125 Years 3 MonthsCurrent

Peer comparison

Parasnath Techgarments Private Limited is compared with the 7 companies closest to it by revenue in the Apparel industry (Textiles, Uniform and Work 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
Richlook India Limited₹40.08 Cr (FY 2025)-15.0%Delhi, India
Ludhiana Knit-Tech Private Limited₹40.06 Cr (FY 2024)-7.0%Punjab, India
Deva (India) Texfab Private Limited₹40.06 Cr (FY 2025)-2.0%Bhilwara, Rajasthan, India
Mahadev Textiles Private Limited₹39.97 Cr (FY 2025)43.0%Bhilwara, Rajasthan, India
Parasnath Techgarments Private Limitedthis company₹39.96 Cr (FY 2024)₹1.32 Cr3.3%-15.0%63Kanpur, Uttar Pradesh, India
K T Spinning Mills Private Limited₹39.96 Cr (FY 2025)8.0%Salem, Tamil Nadu, India
Lintl Clothing Private Limited₹39.93 Cr (FY 2025)-4.0%Delhi, India
Vinita Synthetic Industries Pvt Ltd₹39.92 Cr (FY 2025)19.0%Mumbai, Maharashtra, India

To see the full peer comparison of Parasnath Techgarments Private Limited, buy the company report.

Auditor

Parasnath Techgarments Private Limited is audited by KEDIA GUPTA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
KEDIA GUPTA & ASSOCIATESFY 2022006465C

Shareholding

The shareholding of Parasnath Techgarments 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 Parasnath Techgarments Private Limited, buy the company report.

Charges & borrowings

Open charges
₹66.6 Cr
Satisfied charges
₹13 Cr
Breakdown by lending institutions
State Bank of India₹57.90 Cr
Others₹8.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jun 2025101116979State Bank of India₹56.75 CrOpen
20 Apr 2023100717706State Bank of India₹1.15 CrOpen
29 Dec 2018100249596Others₹8.7 CrOpen
19 May 2022100582487State Bank of India₹1.25 CrSatisfied
18 Sep 200580025367Punjab National Bank₹2.25 CrSatisfied

To see the full charge records of Parasnath Techgarments Private Limited, buy the company report.

Total charge records: 6 View all charges

Credit ratings & regulatory alerts

Parasnath Techgarments Private Limited was last rated by Care on 23 Jun 2021.

Rating agencyRated onRating
Care23 Jun 2021

To see the full credit ratings and regulatory alerts of Parasnath Techgarments Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Parasnath Techgarments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Parasnath Techgarments has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Parasnath Techgarments Private Limited has a workforce of 63 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.

Employee count
63
Active EPFO establishments
1
Employee growth
1.61%

GST

Parasnath Techgarments has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AACCP2649F1ZEUttar PradeshActive01 Jul 2017

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

Recent activity

Parasnath Techgarments Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Shobha Jain was appointed as Additional Director on 01 Jun 2019.

Charges
A charge with State Bank Of India amounted to Rs. 56.75 Cr with Charge ID 101116979 was registered on 18 Jun 2025.
AGM
Parasnath Techgarments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Parasnath Techgarments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Others of Rs. 8.70 Cr registered on 29 Dec 2018 with Charge ID 100249596 was modified on 31 May 2023.
Charges
A charge with State Bank Of India amounted to Rs. 1.15 Cr with Charge ID 100717706 was registered on 20 Apr 2023.
Charges
A charge registered on 19 May 2022 via Charge ID 100582487 with State Bank Of India was fully satisfied on 17 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 1.25 Cr with Charge ID 100582487 was registered on 19 May 2022.
Appointed
Shobha Jain was appointed as Additional Director.
Charges
A charge registered on 11 Dec 2001 via Charge ID 90272503 with Others was fully satisfied on 07 Feb 2019.
Charges
A charge with Others amounted to Rs. 8.70 Cr with Charge ID 100249596 was registered on 29 Dec 2018.
Charges
A charge with Others of Rs. 9.50 Cr registered on 11 Dec 2001 with Charge ID 90272503 was modified on 21 Sep 2016.
Ceased
Ram Swaroop Jain ceased to be Director.

7 earlier events are in the company report.

Frequently asked questions

Parasnath Techgarments is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in workwear and uniforms, within the fashion and textile industry. It was incorporated on 25 July 2001 (25+ years old) and is registered under CIN U18109UP2001PTC026148.

Parasnath Techgarments has 3 current directors:

The latest financial statements of Parasnath Techgarments 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 Parasnath Techgarments is 09AACCP2649F1ZE, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Parasnath Techgarments is U18109UP2001PTC026148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Parasnath Techgarments has 3 court cases on record: 3 filed against it. 3 are pending.

Parasnath Techgarments was incorporated on 25 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Kanpur.

The peers of Parasnath Techgarments by revenue are Richlook India Limited, Ludhiana Knit-Tech Private Limited, Deva (India) Texfab Private Limited, Mahadev Textiles Private Limited, K T Spinning Mills Private Limited and 2 more, all in the Apparel industry (Textiles, Uniform and Work Wear), with the same principal business activity (textile, leather and other apparel products).

Shobha Jain was appointed as Additional Director on 01 Jun 2019. Ram Swaroop Jain ceased to be Director on 08 Feb 2015. Rakesh Kumar Jain was appointed as Director on 25 Jul 2001. Parasnath Techgarments has 4 board changes on record in total.

Yes, Parasnath Techgarments is registered as a small enterprise under Udyam registration (number: UDYAM-UP-43-0013152).

Parasnath Techgarments can be reached through the website parasnathtechgarments.in. Its registered office is in Kanpur, Uttar Pradesh, India.