MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0028315
Pasad Garments Private Limited
Pasad Garments Private Limited - fashion and textile in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹6.02 Cr
▲ 115% YoY
Net profit · FY 2023
₹4.45 Lakh
Net margin 0.7%
EBITDA · FY 2023
₹9.93 Lakh
EBITDA margin 1.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹74 Lakh
Secured borrowings
Company age
28 yrs
Est. 1998
Directors on board
4
As per MCA filings
About Pasad Garments Private Limited
Data last updated:
Pasad Garments Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the workwear and uniforms segment of the fashion and textiles sector. It was incorporated on 24 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52322MH1998PTC117605. Its GSTIN is 27AAACP9965E1Z3 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kishor Thakarshi Pasad and Jigar Kishor Pasad.
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 203 204 205 2nd Floor Dattatray Shopping Center Near Parvati Cinema Station Road Vasai, Road West, Maharashtra, India – 401202.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.02 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net profit of ₹4.45 Lakh (net margin 0.7%) and EBITDA of ₹9.93 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹74 Lakh on record.
Pasad Garments Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0028315). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U52322MH1998PTC117605
Registration Number 117605
Incorporation Date 24 December 1998
ROC Mumbai
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-MH-17-0028315
Recognitions & Rankings of Pasad Garments
Contact details
Pasad Garments Private Limited's registered office is in Vasai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address203 204 205 2nd Floor Dattatray Shopping Center Near Parvati Cinema Station Road Vasai, Road West, Maharashtra, India – 401202
- IndustryFashion and Textile, Workwear & Uniforms
To see the full contact details of Pasad Garments Private Limited, buy the company report.
Comprehensive company report
Pasad Garments 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Pasad Garments is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Pasad Garments Private Limited, buy the company report.
Financials of Pasad Garments Private Limited
FY 2024 filings availablePasad Garments Private Limited reported revenue of ₹6.02 Cr (up 115% YoY) for FY 2023.
Revenue · FY 2023
₹6.02 Cr ▲ 115%
Net profit · FY 2023
₹4.45 Lakh margin 0.7%
EBITDA · FY 2023
₹9.93 Lakh margin 1.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 115%
3 years · compounded
▲ 21%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 115% growth in the latest year. EBITDA rose 57% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹6.02 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.45 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 Pasad Garments Private Limited, buy the company report.
Board of directors of Pasad Garments Private Limited
Pasad Garments has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishor Thakarshi Pasad | Director | 24 Dec 1998 | 27 Years 10 Months | Current |
| Jigar Kishor Pasad | Director | 13 Jan 2020 | 6 Years 9 Months | Current |
| Rajul Jigar Pasad | Director | 13 Jan 2020 | 6 Years 9 Months | Current |
| Pushpa Kishor Pasad | Director | 24 Dec 1998 | 27 Years 10 Months | Current |
Auditor
Pasad Garments Private Limited is audited by RHAD & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RHAD & CO | FY 2023 | 102588W |
Shareholding
The shareholding of Pasad Garments 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pasad Garments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹74 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2017 | 100150893 | Indian Bank | ₹74 Lakh | Open |
To see the full charge records of Pasad Garments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Pasad Garments 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 Pasad Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pasad Garments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9965E1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pasad Garments Private Limited, buy the company report.
Recent activity
Pasad Garments Private Limited has 4 board changes on record since 1998: 4 appointments. The latest: Jigar Kishor Pasad was appointed as Director on 13 Jan 2020.
AGM
Pasad Garments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Pasad Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Jigar Kishor Pasad was appointed as Director.
Appointed
Rajul Jigar Pasad was appointed as Director.
Charges
A charge with Indian Bank of Rs. 74.00 Lakh registered on 10 Nov 2017 with Charge ID 100150893 was modified on 22 Dec 2018.
Charges
A charge with Indian Bank amounted to Rs. 74.00 Lakh with Charge ID 100150893 was registered on 10 Nov 2017.
Appointed
Kishor Thakarshi Pasad was appointed as Director.
Appointed
Pushpa Kishor Pasad was appointed as Director.
Incorporation
24 Dec 1998
Pasad Garments Private Limited was registered on 24 Dec 1998 with Roc Mumbai & aged 27 years 10 months as per MCA records.
Frequently asked questions
Pasad Garments is an active private limited company based in Vasai, Maharashtra, India. The company works in workwear and uniforms, within the fashion and textile industry. It was incorporated on 24 December 1998 (28+ years old) and is registered under CIN U52322MH1998PTC117605.
Pasad Garments has 4 current directors:
- Kishor Thakarshi Pasad - Director
- Jigar Kishor Pasad - Director
- Rajul Jigar Pasad - Director
- Pushpa Kishor Pasad - Director
The latest financial statements of Pasad Garments 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 Pasad Garments is 27AAACP9965E1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pasad Garments is U52322MH1998PTC117605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pasad Garments was incorporated on 24 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Jigar Kishor Pasad was appointed as Director on 13 Jan 2020. Rajul Jigar Pasad was appointed as Director on 13 Jan 2020. Kishor Thakarshi Pasad was appointed as Director on 24 Dec 1998. Pasad Garments has 4 board changes on record in total.
Yes, Pasad Garments is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0028315).
The registered office of Pasad Garments is at 203 204 205 2nd Floor Dattatray Shopping Center Near Parvati Cinema Station Road Vasai, Road West, Maharashtra, India – 401202.
Pasad Garments operates in the fashion and textile industry, in the workwear and uniforms segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages