MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0049394
Pasway Clothing Private Limited - fashion and textile in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.22 Cr
▼ 3% YoY
Net loss · FY 2024
₹42.97 Lakh
Net margin -19.4%
EBITDA · FY 2024
-₹27.85 Lakh
EBITDA margin -12.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹18 Lakh
Satisfied ₹17.29 Lakh
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Pasway Clothing Private Limited
Data last updated:
Pasway Clothing Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 25 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51900TN2014PTC096683. Its GSTIN is 33AAHCP7548N1ZT (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Smriti Bhatia and Arun Venkatesh Sundararaj.
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 Plot No.10 Mahatma Gandhi Street Thoraipakkam, Chennai, Tamil Nadu, India – 600097.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.22 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹42.97 Lakh (net margin -19.4%) and EBITDA of -₹27.85 Lakh (EBITDA margin -12.5%). Revenue has grown at a compounded annual rate (CAGR) of 18% over five years.
The company is associated with 1 brand: DrunkenMonk. As per MCA filings, the company has open charges of ₹18 Lakh and satisfied charges of ₹17.29 Lakh on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Pasway Clothing Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0049394). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website whynotdude.com.
Company details
CIN U51900TN2014PTC096683
Registration Number 096683
Incorporation Date 25 July 2014
ROC Chennai
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-TN-02-0049394
Recognitions & Rankings of Pasway Clothing
Contact details
Pasway Clothing Private Limited's registered office is in Chennai, Tamil Nadu. Its website is whynotdude.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.10 Mahatma Gandhi Street Thoraipakkam, Chennai, Tamil Nadu, India – 600097
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Pasway Clothing Private Limited, buy the company report.
Comprehensive company report
Pasway Clothing 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
Pasway Clothing operates one associated brand: DrunkenMonk. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer selling graphic T-shirts, posters, and themed apparel. | drunkenmonk.in |
Business activity
The main business activity of Pasway Clothing is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Pasway Clothing Private Limited, buy the company report.
Financials of Pasway Clothing Private Limited
FY 2025 filings availablePasway Clothing Private Limited reported revenue of ₹2.22 Cr (down 3% YoY) for FY 2024.
Revenue · FY 2024
₹2.22 Cr ▼ 3%
Net loss · FY 2024
₹42.97 Lakh margin -19.4%
EBITDA · FY 2024
-₹27.85 Lakh margin -12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 419%
3 years · compounded
▼ 61%
5 years · compounded
▼ 28%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 419% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | -₹27.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹42.97 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 | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.5% | ||||
| Net Profit Margin | -19.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Pasway Clothing Private Limited, buy the company report.
Board of directors of Pasway Clothing Private Limited
Pasway Clothing has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Smriti Bhatia | Director | 18 Apr 2019 | 7 Years 6 Months | Current |
| Arun Venkatesh Sundararaj | Director | 25 Jul 2014 | 12 Years 3 Months | Current |
Auditor
Pasway Clothing Private Limited is audited by S. VENKAKTESH AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. VENKAKTESH AND ASSOCIATES | FY 2021 | 019007S |
Shareholding
The shareholding of Pasway Clothing Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pasway Clothing Private Limited, buy the company report.
Charges & borrowings
Open charges
₹18 Lakh
Satisfied charges
₹17.29 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2022 | 100587407 | Canara Bank | ₹18 Lakh | Open | |
| 09 Aug 2019 | 100285842 | Canara Bank | ₹17.29 Lakh | Satisfied |
To see the full charge records of Pasway Clothing Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Pasway Clothing Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Filed against the company by Reliance Industries Limited and 1 other | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company | Disposed |
To see the full case history of Pasway Clothing Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pasway Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pasway Clothing has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCP7548N1ZT | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAHCP7548N1ZI | Karnataka | Active | 17 Nov 2019 |
To see the full GST registrations and return filing status of Pasway Clothing Private Limited, buy the company report.
Recent activity
Pasway Clothing Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Ramesh Subbiah Kumar ceased to be Director on 08 May 2019.
AGM
Pasway Clothing Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Pasway Clothing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge registered on 09 Aug 2019 via Charge ID 100285842 with Canara Bank was fully satisfied on 09 Jul 2024.
Charges
A charge with Canara Bank amounted to Rs. 18.00 Lakh with Charge ID 100587407 was registered on 30 May 2022.
Charges
A charge with Canara Bank amounted to Rs. 17.29 Lakh with Charge ID 100285842 was registered on 09 Aug 2019.
Ceased
Ramesh Subbiah Kumar ceased to be Director.
Appointed
Smriti Bhatia was appointed as Director.
Appointed
Arun Venkatesh Sundararaj was appointed as Director.
Incorporation
25 Jul 2014
Pasway Clothing Private Limited was registered on 25 Jul 2014 with Roc Chennai & aged 12 years 3 months as per MCA records.
Frequently asked questions
Pasway Clothing is an active private limited company based in Chennai, Tamil Nadu, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 25 July 2014 (12+ years old) and is registered under CIN U51900TN2014PTC096683.
Pasway Clothing has 2 current directors:
- Smriti Bhatia - Director
- Arun Venkatesh Sundararaj - Director
The latest financial statements of Pasway Clothing 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 2015 are in the company report.
The GSTIN of Pasway Clothing is 33AAHCP7548N1ZT, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCP7548N1ZI (Karnataka).
The CIN (Corporate Identification Number) of Pasway Clothing is U51900TN2014PTC096683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pasway Clothing has 3 court cases on record: 3 filed against it. 2 are pending. Most are in the district courts.
Pasway Clothing was incorporated on 25 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Ramesh Subbiah Kumar ceased to be Director on 08 May 2019. Smriti Bhatia was appointed as Director on 18 Apr 2019. Arun Venkatesh Sundararaj was appointed as Director on 25 Jul 2014.
Yes, Pasway Clothing is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0049394).
Pasway Clothing can be reached through the website whynotdude.com. Its registered office is in Chennai, Tamil Nadu, India.
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