MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-24-0000287
Rasvick Apparels Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.16 Cr
▲ 87% YoY
Net profit · FY 2025
₹11.41 Cr
Net margin 34.4%
EBITDA · FY 2025
₹13.13 Cr
EBITDA margin 39.6%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹16 Lakh
Issued & subscribed
Open charges
₹4.37 Cr
Satisfied ₹12.76 Lakh
Company age
45 yrs
Est. 1981
Employees · EPFO
98
Provident fund records
About Rasvick Apparels Private Limited
Data last updated:
Rasvick Apparels Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 09 June 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH1981PTC024589. Its GSTIN is 27AABCR0938C1ZP (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors Hiren Kumudbhai Zaveri and Vikram Kumudchandra Zaveri.
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 C – 17 Shreeram Industrial Estate G.D Ambekar Marg Opp Wadala Udyog Bhavan, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.16 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹11.41 Cr (net margin 34.4%) and EBITDA of ₹13.13 Cr (EBITDA margin 39.6%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 14% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.37 Cr and satisfied charges of ₹12.76 Lakh on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Rasvick Apparels Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0000287). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rasvick.com.
Company details
CIN U18101MH1981PTC024589
Registration Number 024589
Incorporation Date 09 June 1981
ROC Mumbai
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 MSME
Udyam Registration UDYAM-GJ-24-0000287
Recognitions & Rankings of Rasvick Apparels
Contact details
Rasvick Apparels Private Limited's registered office is in Mumbai, Maharashtra. Its website is rasvick.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressC – 17 Shreeram Industrial Estate G.D Ambekar Marg Opp Wadala Udyog Bhavan, Mumbai, Maharashtra, India – 400031
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Rasvick Apparels Private Limited, buy the company report.
Comprehensive company report
Rasvick Apparels 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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Business activity
The main business activity of Rasvick Apparels 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 Rasvick Apparels Private Limited, buy the company report.
Financials of Rasvick Apparels Private Limited
FY 2025 filings availableRasvick Apparels Private Limited reported revenue of ₹33.16 Cr (up 87% YoY) for FY 2025.
Revenue · FY 2025
₹33.16 Cr ▲ 87%
Net profit · FY 2025
₹11.41 Cr margin 34.4%
EBITDA · FY 2025
₹13.13 Cr margin 39.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 87%
3 years · compounded
▲ 27%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 176%
3 years · compounded
▲ 54%
5 years · compounded
▲ 181%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 87% growth in the latest year. EBITDA rose 176% 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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| Total Expenses | |||||
| EBITDA | ₹13.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.41 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 39.6% | ||||
| Net Profit Margin | 34.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Rasvick Apparels Private Limited, buy the company report.
Board of directors of Rasvick Apparels Private Limited
Rasvick Apparels has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hiren Kumudbhai Zaveri | Director | 09 Jun 1981 | 45 Years 4 Months | Current |
| Vikram Kumudchandra Zaveri | Director | 09 Jun 1983 | 43 Years 4 Months | Current |
Peer comparison
Rasvick Apparels Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Thangavelu Textile Mills Private Limited | ₹33.24 Cr (FY 2025) | 22.0% | Salem, Tamil Nadu, India | |||
| Everest Spinners India Private Limited | ₹33.19 Cr (FY 2024) | -21.0% | Palladam, Tamil Nadu, India | |||
| Princy Fashion N Trends Private Limited | ₹33.18 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Rasvick Apparels Private Limitedthis company | ₹33.16 Cr (FY 2025) | ₹11.41 Cr | 34.4% | 87.0% | 98 | Mumbai, Maharashtra, India |
| Mahesh Dyeing and Printing Mills Private Limited | ₹33.16 Cr (FY 2025) | 16.0% | Tel: Palsana Kadodara Surat, Gujarat, India | |||
| Sel Manufacturing Company Limited | ₹33.15 Cr (FY 2025) | -91.0% | Ludhiana, Punjab, India | |||
| Sri Balamurugan Spintex India Private Limited | ₹33.15 Cr (FY 2016) | 42.0% | Coimbatore, Tamil Nadu, India | |||
| Hindustan Sarees Private Limited | ₹33.11 Cr (FY 2025) | -3.0% | Surat, Gujarat, India | |||
| Raghav Woollen Mills Pvt Limited | ₹33.11 Cr (FY 2025) | 15.0% | Punjab, India |
To see the full peer comparison of Rasvick Apparels Private Limited, buy the company report.
Auditor
Rasvick Apparels Private Limited is audited by Bharat J. Rughani & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bharat J. Rughani & Co. | FY 2023 | 040543 |
Shareholding
The shareholding of Rasvick Apparels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rasvick Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.37 Cr
Satisfied charges
₹12.76 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2020 | 100392187 | Others | ₹37 Lakh | Open | |
| 02 Jun 2007 | 10059930 | Punjab & Sind Bank | ₹15 Lakh | Open | |
| 27 Sep 1995 | 90222545 | Punjaba & Sind Bank | ₹75 Lakh | Open | |
| 07 Jan 1993 | 90222136 | Others | ₹3.05 Cr | Open | |
| 19 Feb 1983 | 90221010 | Bank of India | ₹5 Lakh | Open |
To see the full charge records of Rasvick Apparels Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Rasvick Apparels Private Limited has 4 court cases on record: 1 filed by Rasvick Apparels, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by M/S. Express Garment Industries | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Express Garment Industries | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against an individual | Disposed |
To see the full case history of Rasvick Apparels 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 Rasvick Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rasvick Apparels Private Limited has a workforce of 98 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
Employee count
98
Active EPFO establishments
1
Employee growth
-12.5%
GST
Rasvick Apparels has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR0938C1ZP | Maharashtra | Active | 01 Jul 2017 |
| 24AABCR0938C1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rasvick Apparels Private Limited, buy the company report.
Recent activity
Rasvick Apparels Private Limited has 2 board changes on record since 1981: 2 appointments. The latest: Vikram Kumudchandra Zaveri was appointed as Director on 09 Jun 1983.
AGM
Rasvick Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rasvick Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 37.00 Lakh with Charge ID 100392187 was registered on 15 Jul 2020.
Charges
A charge with Others of Rs. 305.29 Lakh registered on 07 Jan 1993 with Charge ID 90222136 was modified on 21 Dec 2017.
Charges
A charge with Punjab & Sind Bank amounted to Rs. 15.00 Lakh with Charge ID 10059930 was registered on 02 Jun 2007.
Charges
A charge with Punjaba & Sind Bank amounted to Rs. 75.00 Lakh with Charge ID 90222545 was registered on 27 Sep 1995.
Charges
A charge registered on 22 Jul 1982 via Charge ID 90220973 with Gujrat State Finance Corpo. was fully satisfied on 19 Nov 1993.
Charges
A charge with Others amounted to Rs. 305.29 Lakh with Charge ID 90222136 was registered on 07 Jan 1993.
Appointed
Vikram Kumudchandra Zaveri was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 5.00 Lakh with Charge ID 90221010 was registered on 19 Feb 1983.
Charges
A charge with Gujrat State Finance Corpo. amounted to Rs. 12.76 Lakh with Charge ID 90220973 was registered on 22 Jul 1982.
Appointed
Hiren Kumudbhai Zaveri was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Rasvick Apparels is an active private limited company based in Mumbai, Maharashtra, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 09 June 1981 (45+ years old) and is registered under CIN U18101MH1981PTC024589.
Rasvick Apparels has 2 current directors:
- Hiren Kumudbhai Zaveri - Director
- Vikram Kumudchandra Zaveri - Director
The latest financial statements of Rasvick Apparels 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 Rasvick Apparels is 27AABCR0938C1ZP, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCR0938C1ZV (Gujarat).
The CIN (Corporate Identification Number) of Rasvick Apparels is U18101MH1981PTC024589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rasvick Apparels has 4 court cases on record: 1 filed by the company and 3 filed against it.
Rasvick Apparels was incorporated on 09 June 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rasvick Apparels by revenue are Thangavelu Textile Mills Private Limited, Everest Spinners India Private Limited, Princy Fashion N Trends Private Limited, Mahesh Dyeing and Printing Mills Private Limited, Sel Manufacturing Company Limited and 3 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Vikram Kumudchandra Zaveri was appointed as Director on 09 Jun 1983. Hiren Kumudbhai Zaveri was appointed as Director on 09 Jun 1981.
Yes, Rasvick Apparels is registered as an MSME under Udyam registration (number: UDYAM-GJ-24-0000287).
Rasvick Apparels can be reached through the website rasvick.com. Its registered office is in Mumbai, Maharashtra, India.
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