
Raideep Knits Private Limited
About Raideep Knits Private Limited
Data last updated:
Raideep Knits Private Limited is a private limited company based in Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 February 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17115PB1997PTC019508. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.97 Lakh. It is led by directors Amit Bhalla and Raideep Bhalla.
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 46 Industrial Area – A Ludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹1 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net loss of ₹7.92 Lakh (net margin -7.9%) and EBITDA of ₹98.18 Lakh (EBITDA margin 98%).
As per MCA filings, the company has open charges of ₹14.07 Cr and satisfied charges of ₹60 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address46 Industrial Area – A Ludhiana, Punjab, India
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Raideep Knits Private Limited
The main business activity of Raideep Knits is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Raideep Knits Private Limited FY 2025 filings available
Raideep Knits Private Limited reported revenue of ₹1 Cr (up 67% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Raideep Knits Private Limited
Revenue rose 67% in the latest year. EBITDA rose 77% 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 of Raideep Knits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹98.18 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.92 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 of Raideep Knits Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Raideep Knits are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Raideep Knits Private Limited
Raideep Knits Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedraj Textile Limited | ₹1 Cr (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Panchtarni Designs Private Limited | ₹1 Cr (FY 2021) | •••• | •••• | -62.0% | •••• | Gurugram, Haryana, India |
| Fairlady Exports India Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Delhi, India |
| Ambient Texnit Private Limited. | ₹1 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Delhi, India |
| Twenty First Century Textiles Private Limited | ₹1 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Raideep Knits Private Limited this company | ₹1 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Punjab, India |
| Shiv Shakti Fibres Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Panipat, Haryana, India |
| HSJS Apparels and Fashion Design Private Limited | ₹1 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Ranchi, Jharkhand, India |
| Pruha Clothing Private Limited | ₹1 Cr (FY 2018) | •••• | •••• | 3135.0% | •••• | Bangalore, Karnataka, India |
| Phoolchand and Sons Clothing Private Limited | ₹99.98 Lakh (FY 2025) | •••• | •••• | 46.0% | •••• | New Delhi, Delhi, India |
| Aseem Textiles Private Limited | ₹99.98 Lakh (FY 2025) | •••• | •••• | •••• | Madanganj Kishangarh, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Raideep Knits by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Raideep Knits Private Limited
Raideep Knits Private Limited is audited by DAVINDER PAL SINGH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DAVINDER PAL SINGH & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Raideep Knits Private Limited
Raideep Knits has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Bhalla Also directs: Raideep Fabrics Private Limited, Dashmesh Denim and Yarn Private Limited, Dashmesh Denim Private Limited and 5 more | Director | 26 Feb 1997 | 29 Years 7 Months | Current |
| Raideep Bhalla | Director | 15 Jul 2011 | 15 Years 2 Months | Current |
Ownership and Shareholding of Raideep Knits Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Raideep Knits Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Dec 2024 | Others | ₹2.1 Cr | Open |
| 29 Mar 2024 | Others | ₹5.3 Cr | Open |
| 14 Feb 2023 | Others | ₹6.2 Cr | Open |
| 14 Feb 2023 | Others | ₹32 Lakh | Open |
| 16 May 2008 | Punjab & Sind Bank | ₹14.6 Lakh | Open |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Raideep Knits Private Limited
Employment history and EPFO contributions of people linked to Raideep Knits.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Raideep Knits Private Limited
Raideep Knits Private Limited has 4 board changes on record since 1997: 2 appointments and 2 cessations. The latest: Raideep Bhalla ceased to be Additional Director on 30 Sep 2011.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Raideep Knits Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Raideep Knits Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Raideep Knits Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Raideep Knits Private Limited
Raideep Knits has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Raideep Knits Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Raideep Knits Private Limited
Raideep Knits is an active private limited company based in Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 February 1997 (29+ years old) and is registered under CIN U17115PB1997PTC019508.
Raideep Knits reported revenue of ₹1 Cr for FY 2025 (up 67% YoY).
Raideep Knits has 2 current directors:
- Amit Bhalla - Director
- Raideep Bhalla - Director
Raideep Knits reported a net loss of ₹7.92 Lakh (net margin -7.9%) and EBITDA of ₹98.18 Lakh (EBITDA margin 98%) for FY 2025, as per its filed financial statements.
No. Raideep Knits has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Raideep Knits is U17115PB1997PTC019508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raideep Knits was incorporated on 26 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Raideep Knits by revenue are Vedraj Textile Limited, Panchtarni Designs Private Limited, Fairlady Exports India Private Limited, Ambient Texnit Private Limited, Twenty First Century Textiles Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Raideep Bhalla ceased to be Additional Director on 30 Sep 2011. Meenu Dhingra ceased to be Director on 25 Jul 2011. Raideep Bhalla was appointed as Director on 15 Jul 2011. Raideep Knits has 4 board changes on record in total.
The registered office of Raideep Knits is at 46 Industrial Area – A Ludhiana, Punjab, India.
Raideep Knits has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.97 Lakh.