- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0105390

Patel Sarees Private Limited
About Patel Sarees Private Limited
Data last updated:
Patel Sarees Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 25 March 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1996PTC098401. Its GSTIN is 27AAACP5078Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Manjula Mansukh Shah and Jenish Mansukhlal Shah.
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 4 Reshamwala Bldgjivadaya Lane Ghatkopar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.64 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹55.55 Lakh (net margin 6.4%) and EBITDA of ₹97.58 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 4% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹68 Lakh on record.
Patel Sarees Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0105390). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Patel Sarees
Contact details
Patel Sarees Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address4 Reshamwala Bldgjivadaya Lane Ghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Patel 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 Patel Sarees is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Patel Sarees Private Limited, buy the company report.
Financials of Patel Sarees Private Limited
FY 2025 filings availablePatel Sarees Private Limited reported revenue of ₹8.64 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 9% growth in the latest year. EBITDA rose 80% 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 | ₹97.58 Lakh | ||||
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| Net Profit (PAT) | ₹55.55 Lakh | ||||
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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 | 11.3% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Patel Sarees Private Limited, buy the company report.
Board of directors of Patel Sarees Private Limited
Patel Sarees has 10 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjula Mansukh Shah | Director | 12 Apr 2016 | 10 Years 6 Months | Current |
| Jenish Mansukhlal Shah | Director | 12 Apr 2016 | 10 Years 6 Months | Current |
| Rohan Mansukh Shah Also directs: Talentemple Advertising LLP, Integrated Spaces Limited | Director | 12 Apr 2016 | 10 Years 6 Months | Current |
| Mansukh Virji Shah | Director | 03 Oct 2018 | 8 Years 0 Months | Current |
| Vinay Virji Shah | Director | 25 Mar 1996 | 30 Years 7 Months | Current |
| Bipin Virji Shah | Director | 25 Mar 1996 | 30 Years 7 Months | Current |
Peer comparison
Patel Sarees Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Sarees), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balgopal Commercial Limited | ₹8.71 Cr (FY 2025) | -70.0% | Mumbai, Maharashtra, India | |||
| Sonu Print Fashion Private Limited | ₹8.64 Cr (FY 2025) | -18.0% | Delhi, India | |||
| Rangrez Sarees Private Limited | ₹8.64 Cr (FY 2024) | -12.0% | Kolkata, West Bengal, India | |||
| Patel Sarees Private Limitedthis company | ₹8.64 Cr (FY 2025) | ₹55.55 Lakh | 6.4% | 9.0% | 11 | Mumbai, Maharashtra, India |
| Guru Nanak International Private Limited | ₹8.6 Cr (FY 2025) | -58.0% | Phagwara, Punjab, India | |||
| Imaga Trade and Craft Private Limited | ₹8.58 Cr (FY 2024) | 52.0% | New Delhi, Delhi, India | |||
| Sindhuja Exports Private Limited | ₹8.54 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Patel Sarees Private Limited, buy the company report.
Auditor
Patel Sarees Private Limited is audited by Gajaria Shah & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Gajaria Shah & Associates | FY 2022 | 111874W |
Shareholding
The shareholding of Patel Sarees Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Patel Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2007 | 10052986 | Hdfc Bank Limited | ₹13 Lakh | Satisfied | |
| 22 Nov 2000 | 90243493 | Citi Bank Na | ₹5 Lakh | Satisfied | |
| 15 Jul 1996 | 90243289 | Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Patel Sarees Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Patel 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 Patel Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Patel Sarees Private Limited has a workforce of 11 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Patel Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP5078Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Patel Sarees Private Limited, buy the company report.
Recent activity
Patel Sarees Private Limited has 12 board changes on record since 1996: 11 appointments and 1 cessation. The latest: Virji Vershi Shah ceased to be Director on 08 May 2024.
10 earlier events are in the company report.
Frequently asked questions
Patel Sarees is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 March 1996 (30+ years old) and is registered under CIN U17110MH1996PTC098401.
Patel Sarees has 10 current directors:
- Manjula Mansukh Shah - Director
- Jenish Mansukhlal Shah - Director
- Rohan Mansukh Shah - Director
- Mansukh Virji Shah - Director
- Vinay Virji Shah - Director
- Bipin Virji Shah - Director
- Arpan Vinay Shah - Director
- Robin Bipin Shah - Director
- Chandraben Vinay Shah - Director
- Nayna Bipin Shah - Director
The latest financial statements of Patel Sarees 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 Patel Sarees is 27AAACP5078Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Patel Sarees is U17110MH1996PTC098401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Patel Sarees was incorporated on 25 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Patel Sarees by revenue are Balgopal Commercial Limited, Sonu Print Fashion Private Limited, Rangrez Sarees Private Limited, Guru Nanak International Private Limited, Imaga Trade and Craft Private Limited and 1 more, all in the Apparel industry (Apparel Retail and Distribution, Sarees), with the same principal business activity (wholesale trading).
Virji Vershi Shah ceased to be Director on 08 May 2024. Mansukh Virji Shah was appointed as Director on 03 Oct 2018. Jenish Mansukhlal Shah was appointed as Director on 12 Apr 2016. Patel Sarees has 12 board changes on record in total.
Yes, Patel Sarees is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0105390).
The registered office of Patel Sarees is at 4 Reshamwala Bldgjivadaya Lane Ghatkopar West, Mumbai, Maharashtra, India – 400086.
Patel Sarees operates in the home and lifestyle industry, in the textile retail and distribution segment.