RG Garment Industries Private Limited
About RG Garment Industries Private Limited
Data last updated:
RG Garment Industries Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 22 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U18109MP2016PTC040619. Its GSTIN is 23AAHCR7186E1Z9 (Madhya Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.06 Cr. It is led by directors Sanjay Solanki and Rajendra Kumar Goyal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 83 Industrial Area Readymade Garment Complex, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.25 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹39.44 Lakh (net margin -17.5%) and EBITDA of ₹2.07 Lakh (EBITDA margin 0.9%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years.
As per MCA filings, the company has satisfied charges of ₹7.54 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
RG Garment Industries Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address83 Industrial Area Readymade Garment Complex, Indore, Madhya Pradesh, India – 452001
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of RG Garment Industries 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 RG Garment Industries 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 RG Garment Industries Private Limited, buy the company report.
Financials of RG Garment Industries Private Limited
FY 2021 filings availableRG Garment Industries Private Limited reported revenue of ₹2.25 Cr (down 57% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 32% over three years, including a 57% fall in the latest year. EBITDA fell 97% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹2.07 Lakh | ||||
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| Net Profit (PAT) | -₹39.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | -17.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of RG Garment Industries Private Limited, buy the company report.
Board of directors of RG Garment Industries Private Limited
RG Garment Industries has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Solanki | Director | 22 Apr 2016 | 10 Years 6 Months | Current |
| Rajendra Kumar Goyal | Director | 22 Apr 2016 | 10 Years 6 Months | Current |
Peer comparison
RG Garment Industries Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Branded 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 |
|---|---|---|---|---|---|---|
| Basics Style Private Limited | ₹2.29 Cr (FY 2016) | -43.0% | Mumbai, Maharashtra, India | |||
| Southern Clothing Private Limited | ₹2.28 Cr (FY 2025) | 347.0% | Chennai, Tamil Nadu, India | |||
| Cesari Fashion Private Limited | ₹2.28 Cr (FY 2025) | -1.0% | Ambala, Haryana, India | |||
| RG Garment Industries Private Limitedthis company | ₹2.25 Cr (FY 2021) | -₹39.44 Lakh | -17.5% | -57.0% | Indore, Madhya Pradesh, India | |
| Inde Rooh Exports Private Limited | ₹2.24 Cr (FY 2022) | 29.0% | Jaipur, Rajasthan, India | |||
| Plumtin Design Private Limited | ₹2.22 Cr (FY 2024) | -20.0% | Mohali, Punjab, India |
To see the full peer comparison of RG Garment Industries Private Limited, buy the company report.
Auditor
RG Garment Industries Private Limited is audited by RAJESH SELOT & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH SELOT & CO | FY 2020 | 003776C |
Shareholding
The shareholding of RG Garment Industries Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of RG Garment Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2019 | 100245875 | Others | ₹2.89 Cr | Satisfied | |
| 27 Jan 2018 | 100149877 | Others | ₹2 Cr | Satisfied | |
| 06 Feb 2017 | 100082755 | Others | ₹1.35 Cr | Satisfied | |
| 03 Feb 2017 | 100075522 | Tata Capital Financial Services Limited | ₹1.3 Cr | Satisfied |
To see the full charge records of RG Garment Industries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
RG Garment Industries Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of RG Garment Industries 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 RG Garment Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
RG Garment Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCR7186E1Z9 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of RG Garment Industries Private Limited, buy the company report.
Recent activity
RG Garment Industries Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Rajendra Kumar Goyal was appointed as Director on 22 Apr 2016.
1 earlier event is in the company report.
Frequently asked questions
RG Garment Industries is an active private limited company based in Indore, Madhya Pradesh, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 22 April 2016 (10+ years old) and is registered under CIN U18109MP2016PTC040619.
RG Garment Industries has 2 current directors:
- Sanjay Solanki - Director
- Rajendra Kumar Goyal - Director
The latest financial statements of RG Garment Industries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of RG Garment Industries is 23AAHCR7186E1Z9, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of RG Garment Industries is U18109MP2016PTC040619. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RG Garment Industries has 1 court case on record: 1 filed against it.
RG Garment Industries was incorporated on 22 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of RG Garment Industries by revenue are Basics Style Private Limited, Southern Clothing Private Limited, Cesari Fashion Private Limited, Inde Rooh Exports Private Limited, Plumtin Design Private Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Rajendra Kumar Goyal was appointed as Director on 22 Apr 2016. Sanjay Solanki was appointed as Director on 22 Apr 2016.
The registered office of RG Garment Industries is at 83 Industrial Area Readymade Garment Complex, Indore, Madhya Pradesh, India – 452001.
RG Garment Industries operates in the fashion and textile industry, in the designer and branded fashion segment.
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