Reachmore Apparel Export Private Limited
About Reachmore Apparel Export Private Limited
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Reachmore Apparel Export Private Limited is a private limited company based in Anand, Gujarat, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 28 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2003PTC042085. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Santosh Satishkumar Sharma and Sharma Banvarilal Satishkumar.
Its last annual general meeting (AGM) was held on 19 June 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at G – 4 Vaidarbhi Complexnr. V.V. Nagar Railway Crossing Vitthal Udyognagar, Anand, Gujarat, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹13.28 Lakh, a growth of 55% compared to the previous year. For the same year it recorded a net loss of ₹17,567 (net margin -1.3%) and EBITDA of ₹2.71 Lakh (EBITDA margin 20.4%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years.
As per MCA filings, the company has open charges of ₹8 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Reachmore Apparel Export Private Limited's registered office is in Anand, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressG – 4 Vaidarbhi Complexnr. V.V. Nagar Railway Crossing Vitthal Udyognagar, Anand, Gujarat, India
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Reachmore Apparel Export 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 Reachmore Apparel Export 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 Reachmore Apparel Export Private Limited, buy the company report.
Financials of Reachmore Apparel Export Private Limited
FY 2018 filings availableReachmore Apparel Export Private Limited reported revenue of ₹13.28 Lakh (up 55% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 55% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 44%. EBITDA rose 80% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹13.28 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹2.71 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹17,567 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 20.4% | |||
| Net Profit Margin | -1.3% | |||
| 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 Reachmore Apparel Export Private Limited, buy the company report.
Board of directors of Reachmore Apparel Export Private Limited
Reachmore Apparel Export 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 |
|---|---|---|---|---|
| Sharma Banvarilal Satishkumar | Additional Director | 30 Apr 2025 | 1 Years 5 Months | Current |
| Santosh Satishkumar Sharma | Director | 28 Feb 2003 | 23 Years 8 Months | Current |
Auditor
Reachmore Apparel Export Private Limited is audited by AGRAWAL CHOUDHARY & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL CHOUDHARY & ASSOCIATES | FY 2018 | 142546W |
Shareholding
The shareholding of Reachmore Apparel Export Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Reachmore Apparel Export Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2014 | 10537201 | Allahabad Bank | ₹8 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Reachmore Apparel Export Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Kheda at Nadiad, Gujarat | Criminal miscellaneous application | Filed against the company by Indian Bank- Hitesh Ruhela Chief Manager | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by an individual | Disposed |
To see the full case history of Reachmore Apparel Export 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 Reachmore Apparel Export Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Reachmore Apparel Export has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reachmore Apparel Export Private Limited, buy the company report.
Recent activity
Reachmore Apparel Export Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Dhariniben Anilkumar Shukla ceased to be Director on 01 May 2025.
Frequently asked questions
Reachmore Apparel Export is an active private limited company based in Anand, Gujarat, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 28 February 2003 (23+ years old) and is registered under CIN U18101GJ2003PTC042085.
Reachmore Apparel Export has 2 current directors:
- Sharma Banvarilal Satishkumar - Additional Director
- Santosh Satishkumar Sharma - Director
The latest financial statements of Reachmore Apparel Export on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 19 June 2018. Year-wise statements from 2015 are in the company report.
No. Reachmore Apparel Export has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Reachmore Apparel Export is U18101GJ2003PTC042085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reachmore Apparel Export has 6 court cases on record: 6 filed against it. 1 is pending.
Reachmore Apparel Export was incorporated on 28 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhariniben Anilkumar Shukla ceased to be Director on 01 May 2025. Sharma Banvarilal Satishkumar was appointed as Additional Director on 30 Apr 2025. Sharma Banvarilal Satishkumar ceased to be Director on 12 Jun 2019. Reachmore Apparel Export has 4 board changes on record in total.
The registered office of Reachmore Apparel Export is at G – 4 Vaidarbhi Complexnr. V.V. Nagar Railway Crossing Vitthal Udyognagar, Anand, Gujarat, India.
Reachmore Apparel Export operates in the fashion and textile industry, in the designer and branded fashion segment.