About Raymond Uco Denim Private Limited
Data last updated:
Raymond Uco Denim Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the denim and casual wear segment of the fashion and textiles sector. It was incorporated on 26 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17115MH2006PTC162450. Its GSTIN is 27AAACU8272H1Z2 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹210 Cr and a paid-up capital of ₹204.24 Cr. It was formerly known as Uco Raymond Denim Private Limited. It is led by directors including Philippe M T G M A A Vlerick and Gautamhari Vijaypat Singhania.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New Hind House Narottam Morarji Marg Ballard Estate Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹971.21 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹79.72 Cr (net margin -8.2%) and EBITDA of -₹9.74 Cr (EBITDA margin -1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company has about 2,323 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Raymond Denim and Raymond. As per MCA filings, the company has open charges of ₹1,003.74 Cr and satisfied charges of ₹429.75 Cr on record. Court records list 75 cases involving the company, including 59 filed by the company and 16 filed against it; 20 cases are pending. The company has 8 deals on record (3 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹88.41 Cr; the latest was in March 2023. Its 5 peer companies in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 1 larger and 4 smaller; the largest is Vishal Fabrics Limited with revenue of ₹1,521.43 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 6,927 overdue payments to 147 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raymond.in.
Company details
Contact details
Raymond Uco Denim Private Limited's registered office is in Mumbai, Maharashtra. Its website is raymond.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNew Hind House Narottam Morarji Marg Ballard Estate Fort, Mumbai, Maharashtra, India – 400001
- IndustryFashion and Textile, Denim & Casual Wear
To see the full contact details of Raymond Uco Denim 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
Brands
Raymond Uco Denim operates two associated brands: Raymond Denim and Raymond. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Casual wear for men and women is offered by Raymond. | raymond.in | |
| Denim fabric production, garmenting, and sustainability services in India. | raymonddenim.com |
Business activity
The main business activity of Raymond Uco Denim 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 Raymond Uco Denim Private Limited, buy the company report.
Financials of Raymond Uco Denim Private Limited
FY 2025 filings availableRaymond Uco Denim Private Limited reported revenue of ₹971.21 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 21% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹971.21 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹79.72 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | -8.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Raymond Uco Denim Private Limited, buy the company report.
Board of directors and KMP of Raymond Uco Denim Private Limited
Raymond Uco Denim Private Limited currently reports 6 directors and 2 key managerial personnel. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Philippe M T G M A A Vlerick | Director | 08 Aug 2006 | 20 Years 3 Months | Current |
| Gautamhari Vijaypat Singhania | Director | 08 Aug 2006 | 20 Years 3 Months | Current |
| Rakesh Kumar Tiwary | Additional Director | 24 Apr 2026 | 0 Years 6 Months | Current |
| David Vlerick | Director | 05 Jan 2017 | 9 Years 10 Months | Current |
| Ankita Sharma Also directs: Fame Lifestyle Private Limited | Company Secretary | 30 Jan 2023 | 3 Years 9 Months | Current |
| Alain J C Vermeersch | Director | 10 Jul 2006 | 20 Years 3 Months | Current |
Peer comparison
Raymond Uco Denim Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Denim Wear), 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 |
|---|---|---|---|---|---|---|
| Vishal Fabrics Limited | ₹1,521.43 Cr (FY 2025) | 5.0% | Sanand, Gujarat, India | |||
| Raymond Uco Denim Private Limitedthis company | ₹971.21 Cr (FY 2025) | -₹79.72 Cr | -8.2% | 21.0% | 2,323 | Mumbai, Maharashtra, India |
| Bhaskar Industries Private Limited | ₹765.44 Cr (FY 2025) | 5.0% | Bhopal, Madhya Pradesh, India | |||
| Shanti Spintex Limited | ₹710.46 Cr (FY 2025) | 40.0% | Ahmedabad, Gujarat, India | |||
| R & B Denims Limited | ₹382.88 Cr (FY 2025) | 9.0% | Surat, Gujarat, India | |||
| Super Gold Suitings Private Limited | ₹369.32 Cr (FY 2025) | 27.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Raymond Uco Denim Private Limited, buy the company report.
Auditor
Raymond Uco Denim Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
The shareholding of Raymond Uco Denim Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raymond Uco Denim Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2023 | 100758041 | Others | ₹100 Cr | Open | |
| 21 Mar 2023 | 100712964 | Bank of India | ₹9.42 Cr | Open | |
| 16 Mar 2023 | 100689924 | Others | ₹11.2 Cr | Open | |
| 27 May 2022 | 100582066 | State Bank of India | ₹15 Cr | Open | |
| 23 Feb 2010 | 10205340 | Bank of India | ₹367 Cr | Open |
To see the full charge records of Raymond Uco Denim Private Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
Raymond Uco Denim Private Limited has 8 deals on record (3 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹88.41 Cr; the latest was in March 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Rights issue | ₹50 Cr | Investors: UCO NV, Raymond Limited |
| Mar 2022 | Rights issue | ₹100 Cr | Investors: UCO NV, Raymond Limited |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: Raymond Limited Seller: Raymond Limited & Thomas Fernandes, Raymond limited & SL Pokharna |
| Aug 2020 | Rights issue | ₹29.91 Cr | Investors: Raymond Limited , UCO NV |
| Nov 2010 | Funding round | ₹42.64 Cr | Investors: Raymond Limited , UCO NV |
To see the full deal history of Raymond Uco Denim Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Raymond Uco Denim Private Limited has 75 court cases on record: 59 filed by Raymond Uco Denim, 16 filed against it. 20 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 11 | 12 |
| High courts | 22 | 4 | 8 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 75)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Appeal | Filed by the company against National Insurance Company Ltd. Nagpur Division Through Its Divisonal Manager and 7 others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Future Speciality Retail Limited and 4 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Future Speciality Retail Limited and 4 others | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.EX.) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP) | Filed against the company by an individual | Pending |
To see the full case history of Raymond Uco Denim 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.
Credit ratings & regulatory alerts
Raymond Uco Denim Private Limited was last rated by Crisil on 07 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 07 Dec 2020 |
To see the full credit ratings and regulatory alerts of Raymond Uco Denim Private Limited, buy the company report.
MSME payment delays
Raymond Uco Denim Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 6,927 overdue payments to 147 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 147)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Natur Tec India Private Limited | |||
| Balar Impex Private Limited | |||
| Shreeji Translogistics Limited | |||
| Star Pack | |||
| Sun Data Processing Private Limited |
To see the full MSME payment records of Raymond Uco Denim Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Raymond Uco Denim Private Limited has a workforce of 2,323 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
GST
Raymond Uco Denim has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU8272H1Z2 | Maharashtra | Active | 01 Jul 2017 |
| 29AAACU8272H1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raymond Uco Denim Private Limited, buy the company report.
Recent activity
Raymond Uco Denim Private Limited has 21 board changes on record since 2006: 8 appointments and 13 cessations. The latest: Jatin Khanna was appointed as Additional Director on 24 Apr 2026.
54 earlier events are in the company report.
News
Frequently asked questions
Raymond Uco Denim is an active private limited company based in Mumbai, Maharashtra, India. The company works in denim and casual wear, within the fashion and textile industry. It was incorporated on 26 May 2006 (20+ years old) and is registered under CIN U17115MH2006PTC162450.
Raymond Uco Denim has 8 current directors and KMP:
- Philippe M T G M A A Vlerick - Director
- Gautamhari Vijaypat Singhania - Director
- Rakesh Kumar Tiwary - Additional Director
- David Vlerick - Director
- Alain J C Vermeersch - Director
- Jatin Khanna - Additional Director
- Ankita Sharma - Company Secretary
- Sameer Garde - Ceo
The latest financial statements of Raymond Uco Denim on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Raymond Uco Denim is 27AAACU8272H1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAACU8272H1ZY (Karnataka).
The CIN (Corporate Identification Number) of Raymond Uco Denim is U17115MH2006PTC162450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raymond Uco Denim has 75 court cases on record: 59 filed by the company and 16 filed against it. 20 are pending. Most are in the district courts.
Raymond Uco Denim was incorporated on 26 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Raymond Uco Denim has 8 deals on record (3 funding rounds, 3 rights issues, 2 secondary share transfers), with disclosed funding of ₹88.41 Cr; the latest was in March 2023.
The peers of Raymond Uco Denim by revenue are Vishal Fabrics Limited, Bhaskar Industries Private Limited, Shanti Spintex Limited, R & B Denims Limited, Super Gold Suitings Private Limited, all in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products).
Jatin Khanna was appointed as Additional Director on 24 Apr 2026. Rakesh Kumar Tiwary was appointed as Additional Director on 24 Apr 2026. Sameer Garde was appointed as CEO on 15 Nov 2025. Raymond Uco Denim has 21 board changes on record in total.
Raymond Uco Denim has 15 MSME Form 1 returns on record between 2019 and 2024, listing 6,927 overdue payments to 147 micro and small suppliers. The latest return was filed on 21 May 2024.
Raymond Uco Denim can be reached through the website raymond.in. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
