Rajesh Sarees Private Limited
About Rajesh Sarees Private Limited
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Rajesh Sarees Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 31 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17110GJ2005PTC045375. Its GSTIN is 24AACCR9473K1ZX (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹19.01 Lakh. It is led by directors Hitesh Sumermal Jirawala and Rajesh Sumermal Jirawala.
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 G – 16 Goodluck Textile Marketring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.99 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11.12 Lakh (net margin -3.7%) and EBITDA of ₹1.55 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 4% over five years.
As per MCA filings, the company has satisfied charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Rajesh Sarees Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 16 Goodluck Textile Marketring Road, Surat, Gujarat, India – 395002
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Rajesh 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 Rajesh Sarees is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Rajesh Sarees Private Limited, buy the company report.
Financials of Rajesh Sarees Private Limited
FY 2025 filings availableRajesh Sarees Private Limited reported revenue of ₹2.99 Cr (up 155% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 155% growth in the latest year. EBITDA rose 584% 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 |
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| EBITDA | ₹1.55 Lakh | ||||
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| Net Profit (PAT) | -₹11.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | -3.7% | ||||
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To see the full financial statements and ratios of Rajesh Sarees Private Limited, buy the company report.
Board of directors of Rajesh Sarees Private Limited
Rajesh Sarees has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Sumermal Jirawala | Director | 31 Jan 2005 | 21 Years 9 Months | Current |
| Rajesh Sumermal Jirawala | Director | 31 Jan 2005 | 21 Years 9 Months | Current |
Peer comparison
Rajesh Sarees Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Ethnic Wear, Sarees), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishni Exports Private Limited | ₹3.14 Cr (FY 2024) | 40.0% | Ghaziabad, Uttar Pradesh, India | |||
| Raghav Silk Mills Private Limited | ₹2.99 Cr (FY 2025) | -7.0% | Surat, Gujarat, India | |||
| Rajesh Sarees Private Limitedthis company | ₹2.99 Cr (FY 2024) | -₹11.12 Lakh | -3.7% | 155.0% | Surat, Gujarat, India | |
| Ideal Fashion Private Limited | ₹2.98 Cr (FY 2025) | -7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Rajesh Sarees Private Limited, buy the company report.
Auditor
Rajesh Sarees Private Limited is audited by N K PHOPHALIA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K PHOPHALIA & CO | FY 2019 | 107916W |
Shareholding
The shareholding of Rajesh Sarees Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rajesh Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2008 | 10105692 | Bank of Baroda | ₹2 Cr | Satisfied |
To see the full charge records of Rajesh Sarees Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Rajesh Sarees Private Limited has 2 court cases on record: 1 filed by Rajesh Sarees, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (I.C.) | Filed against the company by an individual | Disposed |
To see the full case history of Rajesh Sarees 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 Rajesh Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rajesh Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCR9473K1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajesh Sarees Private Limited, buy the company report.
Recent activity
Rajesh Sarees Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Sumermal Mishrimal Jirawala ceased to be Director on 17 Nov 2014.
Frequently asked questions
Rajesh Sarees is an active private limited company based in Surat, Gujarat, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 31 January 2005 (21+ years old) and is registered under CIN U17110GJ2005PTC045375.
Rajesh Sarees has 2 current directors:
- Hitesh Sumermal Jirawala - Director
- Rajesh Sumermal Jirawala - Director
The latest financial statements of Rajesh 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 Rajesh Sarees is 24AACCR9473K1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Rajesh Sarees is U17110GJ2005PTC045375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajesh Sarees has 2 court cases on record: 1 filed by the company and 1 filed against it.
Rajesh Sarees was incorporated on 31 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rajesh Sarees by revenue are Krishni Exports Private Limited, Raghav Silk Mills Private Limited, Ideal Fashion Private Limited, all in the Apparel industry (Ethnic Wear, Sarees), with the same principal business activity (textile, leather and other apparel products).
Sumermal Mishrimal Jirawala ceased to be Director on 17 Nov 2014. Hitesh Sumermal Jirawala was appointed as Director on 31 Jan 2005. Rajesh Sumermal Jirawala was appointed as Director on 31 Jan 2005.
The registered office of Rajesh Sarees is at G – 16 Goodluck Textile Marketring Road, Surat, Gujarat, India – 395002.
Rajesh Sarees operates in the fashion and textile industry, in the traditional and ethnic wear segment.
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