MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0089624
Restolex Coir Products Private Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹49.1 Cr
▼ 7% YoY
Net profit · FY 2024
₹17.53 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹2.06 Cr
EBITDA margin 4.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹23.3 Cr
Satisfied ₹8.07 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
140
Provident fund records
About Restolex Coir Products Private Limited
Data last updated:
Restolex Coir Products Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 25 September 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17233KA1981PTC004407. Its GSTIN is 29AAACR7386P1ZF (Karnataka). The company holds 8 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors Vasantha Panambur and Daveed Kuruvilla.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.1 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹17.53 Lakh (net margin 0.4%) and EBITDA of ₹2.06 Cr (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over five years.
The company has about 140 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Restolex. As per MCA filings, the company has open charges of ₹23.3 Cr and satisfied charges of ₹8.07 Cr on record. Court records list 34 cases involving the company, including 27 filed by the company and 7 filed against it; 14 cases are pending.
Restolex Coir Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0089624). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website restolex.com.
Company details
CIN U17233KA1981PTC004407
Registration Number 004407
Incorporation Date 25 September 1981
ROC Bangalore
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 Small
Udyam Registration UDYAM-KR-03-0089624
CIN history
Restolex Coir Products has one previous CIN (Corporate Identification Number): U01723KA1981PTC004407. The current CIN is U17233KA1981PTC004407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17233KA1981PTC004407 | Current |
| U01723KA1981PTC004407 | Previous |
Recognitions & Rankings of Restolex Coir Products
Contact details
Restolex Coir Products Private Limited's registered office is in Bangalore, Karnataka. Its website is restolex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrestige Meridian 2, Unit No.801 And 802 8th Floor, Bangalore, Karnataka, India – 560001
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of Restolex Coir Products Private Limited, buy the company report.
Comprehensive company report
Restolex Coir Products 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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Brands
Restolex Coir Products operates one associated brand: Restolex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers high-quality mattresses, pillows, and bedding products in India. | restolex.com |
Business activity
The main business activity of Restolex Coir Products is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Restolex Coir Products Private Limited, buy the company report.
Financials of Restolex Coir Products Private Limited
FY 2025 filings availableRestolex Coir Products Private Limited reported revenue of ₹49.1 Cr (down 7% YoY) for FY 2024.
Revenue · FY 2024
₹49.1 Cr ▼ 7%
Net profit · FY 2024
₹17.53 Lakh margin 0.4%
EBITDA · FY 2024
₹2.06 Cr margin 4.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 62%
5 years · compounded
▼ 5%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 62% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.53 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Restolex Coir Products Private Limited, buy the company report.
Board of directors of Restolex Coir Products Private Limited
Restolex Coir Products has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasantha Panambur | Director | 13 Feb 2020 | 6 Years 8 Months | Current |
| Daveed Kuruvilla Also directs: Sleep Craft Retail Private Limited | Director | 02 Nov 2017 | 9 Years 0 Months | Current |
Auditor
Restolex Coir Products Private Limited is audited by SATISH & RAVI ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH & RAVI ASSOCIATES | FY 2023 | 007214S |
Shareholding
The shareholding of Restolex Coir Products 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Restolex Coir Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹23.3 Cr
Satisfied charges
₹8.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2023 | 100851160 | Others | ₹14 Cr | Open | |
| 11 Jan 2023 | 100715777 | Hdfc Bank Limited | ₹24.98 Lakh | Open | |
| 11 Oct 2021 | 100508556 | Hdfc Bank Limited | ₹17.95 Lakh | Open | |
| 29 Aug 2021 | 100484288 | Hdfc Bank Limited | ₹8.3 Cr | Open | |
| 15 Jun 2000 | 90192273 | Bank of India | ₹20 Lakh | Open |
To see the full charge records of Restolex Coir Products Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Restolex Coir Products Private Limited has 34 court cases on record: 27 filed by Restolex Coir Products, 7 filed against it. 14 cases are pending and 20 are disposed.
Total cases
34
Filed by the company
27
Filed against the company
7
Pending
14
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 6 | 13 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against M/S PKP Hotels Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Force 18 Academy and Security Services Pvt Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S P K P Hotels Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Byraveshwara Enterprises | Pending |
To see the full case history of Restolex Coir Products 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 Restolex Coir Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Restolex Coir Products Private Limited has a workforce of 140 employees on its EPFO records as of Sep 22, 2025, across 1 active EPFO establishment.
Employee count
140
Active EPFO establishments
1
Employee growth
7.69%
GST
Restolex Coir Products has 8 GST registrations: 6 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
6
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACR7386P1ZF | Karnataka | Active | 01 Jul 2017 |
| 29AAACR7386P2ZE | Karnataka | Active | 23 Jun 2025 |
| 30AAACR7386P1ZW | Goa | Active | 01 Jul 2017 |
| 32AAACR7386P2ZR | Kerala | Active | 04 Aug 2021 |
To see the full GST registrations and return filing status of Restolex Coir Products Private Limited, buy the company report.
Recent activity
Restolex Coir Products Private Limited has 18 board changes on record since 1981: 10 appointments and 8 cessations. The latest: Shaji Joseph ceased to be Director on 13 Feb 2020.
AGM
Restolex Coir Products Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Restolex Coir Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 14.00 Cr registered on 30 Nov 2023 with Charge ID 100851160 was modified on 12 Feb 2025.
Charges
A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100851160 was registered on 30 Nov 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100715777 was registered on 11 Jan 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 8.30 Cr registered on 29 Aug 2021 with Charge ID 100484288 was modified on 09 May 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100508556 was registered on 11 Oct 2021.
Charges
A charge registered on 14 Dec 1981 via Charge ID 90189790 with Others was fully satisfied on 15 Sep 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.30 Cr with Charge ID 100484288 was registered on 29 Aug 2021.
Charges
A charge registered on 22 Jun 2020 via Charge ID 100353359 with Others was fully satisfied on 17 Aug 2021.
Charges
A charge registered on 05 Dec 2018 via Charge ID 100232423 with Bank Of India was fully satisfied on 05 Aug 2020.
Charges
A charge registered on 15 Dec 2000 via Charge ID 90192335 with Bank Of India was fully satisfied on 05 Aug 2020.
29 earlier events are in the company report.
Frequently asked questions
Restolex Coir Products is an active private limited company based in Bangalore, Karnataka, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 25 September 1981 (45+ years old) and is registered under CIN U17233KA1981PTC004407.
Restolex Coir Products has 2 current directors:
- Vasantha Panambur - Director
- Daveed Kuruvilla - Director
The latest financial statements of Restolex Coir Products 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 Restolex Coir Products is 29AAACR7386P1ZF, registered in Karnataka. The company has 8 GST registrations in all, of which 6 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACR7386P2ZE (Karnataka), 30AAACR7386P1ZW (Goa), 32AAACR7386P2ZR (Kerala).
The CIN (Corporate Identification Number) of Restolex Coir Products is U17233KA1981PTC004407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Restolex Coir Products has 34 court cases on record: 27 filed by the company and 7 filed against it. 14 are pending. Most are in the district courts.
Restolex Coir Products was incorporated on 25 September 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
Shaji Joseph ceased to be Director on 13 Feb 2020. Vasantha Panambur was appointed as Director on 13 Feb 2020. Pradeep Kuruvilla ceased to be Managing Director on 17 Apr 2019. Restolex Coir Products has 18 board changes on record in total.
Yes, Restolex Coir Products is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0089624).
Restolex Coir Products can be reached through the website restolex.com. Its registered office is in Bangalore, Karnataka, India.
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