
About Rainbow Denim Limited
Data last updated:
Rainbow Denim Limited is a public limited company based in Distt Patiala, Punjab, India. It operates in the denim and casual wear segment of the fashion and textiles sector. It was incorporated on 08 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L18101PB1999PLC022452. Its GSTIN is 03AABCR6743F1ZM (Punjab). The company holds 3 GST registrations, of which 2 are active. Its shares are listed on BSE: 532441.
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹13.28 Cr. It is led by directors including Ajay Garg and Ramesh Kumar.
Its last annual general meeting (AGM) was held on 18 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Vill Chaundheri P O Dapparchandigarh Ambala National Highway Teh Rajpura, Distt Patiala, Punjab, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹96.32 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹11.33 Cr (net margin -11.8%) and EBITDA of ₹2.69 Cr (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years.
The company has about 535 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rainbow Denim. As per MCA filings, the company has open charges of ₹264.77 Cr and satisfied charges of ₹472.16 Cr on record. Court records list 32 cases involving the company, including 21 filed by the company and 9 filed against it; 5 cases are pending. The company has 5 deals on record (5 market trades); the latest was in March 2023. Its 10 peer companies in the Apparel industry (Denim Wear) are compared by revenue, 5 larger and 5 smaller; the largest is Pinaz Texfab Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rainbowdenim.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressVill Chaundheri P O Dapparchandigarh Ambala National Highway Teh Rajpura, Distt Patiala, Punjab, India
- IndustryFashion and Textile, Denim & Casual Wear
- 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 Rainbow Denim Limited
The main business activity of Rainbow Denim 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 Rainbow Denim Limited FY 2018 filings available
Rainbow Denim Limited reported revenue of ₹96.32 Cr (down 45% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Rainbow Denim Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over three years, including a 45% fall in the latest year. EBITDA fell 75% 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 Rainbow Denim Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹96.32 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.69 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.33 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 of Rainbow Denim Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.8% | •••• | •••• | •••• | •••• |
| 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 Rainbow Denim 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 Rainbow Denim Limited
Rainbow Denim Limited is compared with the companies closest to it by revenue in the Apparel industry (Denim Wear). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pinaz Texfab Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Indaco Jeans Limited | •••• | •••• | •••• | •••• | 381 | Mumbai, Maharashtra, India |
| Best Sellers Apparels Private Limited | •••• | •••• | •••• | •••• | 953 | Manipal, Karnataka, India |
| Everblue Apparel Limited | •••• | •••• | •••• | •••• | 3,129 | Mumbai, Maharashtra, India |
| Tandhan Cotton Mills Private Limited | •••• | •••• | •••• | •••• | - | Bagnan, West Bengal, India |
| Rainbow Denim Limited this company | •••• | •••• | •••• | •••• | - | Distt Patiala, Punjab, India |
| NRV Denim Private Limited | •••• | •••• | •••• | •••• | - | Samrala, Punjab, India |
| Vaishnavi Global Private Limited | •••• | •••• | •••• | •••• | 43 | Mumbai, Maharashtra, India |
| Mittal Life Style Limited Listed | •••• | •••• | •••• | •••• | 12 | Mumbai, Maharashtra, India |
| Sar Denim Private Limited | •••• | •••• | •••• | •••• | - | Ambala City, Haryana, India |
| Denimhub Lifestyle Private Limited | •••• | •••• | •••• | •••• | 30 | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Rainbow Denim by revenue in the Apparel industry (Denim Wear), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Rainbow Denim Limited
Rainbow Denim Limited is audited by KHANDELWAL & MEHTA LLP for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHANDELWAL & MEHTA LLP | 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 and KMP of Rainbow Denim Limited
Rainbow Denim Limited currently reports 3 directors and 1 key managerial person. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajnish Kumar Goyal | Cfo | 17 Jan 2025 | 1 Years 8 Months | Current |
| Ajay Garg Also directs: Aggarsain Spinners Limited, Rsa Cotspin Private Limited, Fortune Multitech Private Limited and 1 more | Director | 14 Dec 2023 | 2 Years 9 Months | Current |
| Ramesh Kumar Also directs: Aggarsain Spinners Limited, Rsa Cottex Limited, Corestone Industrial Real Estates LLP and 3 more | Additional Director | 02 Sep 2023 | 3 Years 1 Months | Current |
| Sunny Garg Also directs: Aggarsain Spinners Limited, Rsa Cotspin Private Limited, Fortune Multitech Private Limited and 1 more | Additional Director | 02 Sep 2023 | 3 Years 1 Months | Current |
Ownership and Shareholding of Rainbow Denim 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 Rainbow Denim Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2026 | Others | ₹7.5 Cr | Open |
| 09 Jun 2026 | Others | ₹40 Cr | Open |
| 09 Jun 2026 | Others | ₹12.29 Cr | Open |
| 08 Jun 2026 | Hdfc Bank Limited | ₹2.54 Cr | Open |
| 08 Jun 2026 | Hdfc Bank Limited | ₹1.51 Cr | Open |
Total charge records: 42 View all charges
Deals & Funding of Rainbow Denim Limited
Rainbow Denim Limited has 5 deals on record (5 market trades); the latest was in March 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Market trade | ₹4 Lakh | Buyer: an individual |
| Jun 2014 | Market trade | ₹1.8 Lakh | Seller: Idbi Bank Limited |
| Jan 2014 | Market trade | ₹1.1 Lakh | Seller: Idbi Bank Limited |
| Jan 2010 | Market trade | ₹26.5 Lakh | Buyer: an individual Seller: an individual |
| Jan 2008 | Market trade | ₹56 Lakh | Buyer: an individual Seller: Icici Trusteeship Services Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Rainbow Denim Limited
Rainbow Denim Limited has 32 court cases on record: 21 filed by Rainbow Denim, 9 filed against it, 2 where it is another party. 5 cases are pending and 27 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 5 | 4 |
| High courts | 9 | 3 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SAS Nagar, Punjab | Execution petition | Filed by the company against Gokaldas Images Private Limited | Pending |
| District court, Raigad, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Packaging Systems (India) Private Limited | Pending |
| District court, SAS Nagar, Punjab | Civil suit | Filed against the company by Rama Industries Limited | Disposed |
| District court, SAS Nagar, Punjab | Cheque dishonour complaint | Filed by the company against Gini & Jony Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Gini & Jony Limited | Disposed |
Full case history
All 32 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Rainbow Denim Limited
Rainbow Denim operates one associated brand: Rainbow Denim. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Denim fabrics and garments are manufactured by Rainbow Denim. | rainbowdenim.com |
Employees and EPFO Compliance at Rainbow Denim Limited
Rainbow Denim Limited has a workforce of 535 employees as of Apr 06, 2024.
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.
CIN History of Rainbow Denim Limited
Rainbow Denim has one previous CIN (Corporate Identification Number): U18101PB1999PLC022452. The current CIN is L18101PB1999PLC022452, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18101PB1999PLC022452 | Current |
| U18101PB1999PLC022452 | Previous |
News related to Rainbow Denim Limited
Recent Activity on Rainbow Denim Limited
Rainbow Denim Limited has 34 board changes on record since 1999: 19 appointments and 15 cessations. The latest: Rajnish Kumar Goyal was appointed as CFO on 17 Jan 2025.
114 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rainbow Denim 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 Rainbow Denim 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 Rainbow Denim 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 Rainbow Denim Limited
Rainbow Denim has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCR6743F1ZM | Punjab | Active | 01 Jul 2017 |
| 27AABCR6743F1ZC | Maharashtra | Active | 01 Jul 2017 |
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 Rainbow Denim 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 Rainbow Denim Limited
Rainbow Denim is an active public limited company based in Distt Patiala, Punjab, India. The company works in denim and casual wear, within the fashion and textile industry. It was incorporated on 08 April 1999 (27+ years old) and is registered under CIN L18101PB1999PLC022452. Listed on BSE: 532441.
Rainbow Denim reported revenue of ₹96.32 Cr for FY 2019 (down 45% YoY).
Rainbow Denim has 4 current directors and KMP:
- Ajay Garg - Director
- Ramesh Kumar - Additional Director
- Sunny Garg - Additional Director
- Rajnish Kumar Goyal - Cfo
Rainbow Denim reported a net loss of ₹11.33 Cr (net margin -11.8%) and EBITDA of ₹2.69 Cr (EBITDA margin 2.8%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rainbow Denim is -24% over three years. In the latest year (FY 2019) revenue fell 45%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rainbow Denim is 03AABCR6743F1ZM, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCR6743F1ZC (Maharashtra).
The CIN (Corporate Identification Number) of Rainbow Denim is L18101PB1999PLC022452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Rainbow Denim is listed on BSE with code 532441.
Rainbow Denim has 32 court cases on record: 21 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Rainbow Denim was incorporated on 08 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Chandigarh.
Rainbow Denim has 5 deals on record (5 market trades); the latest was in March 2023.