Rinsetop Tex Private Limited

Rinsetop Tex Private Limited - fashion and textile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U85110KA1996PTC019961 Incorporated 01 March 1996 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company fashion and textile MSME · Small
Revenue · FY 2024
₹9 Cr
▲ 5% YoY
Net profit · FY 2024
₹40.99 Lakh
Net margin 4.6%
EBITDA · FY 2024
₹1.2 Cr
EBITDA margin 13.3%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24 Lakh
Issued & subscribed
Open charges
₹6.33 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings

About Rinsetop Tex Private Limited

Data last updated:

Rinsetop Tex Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 01 March 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC019961. Its GSTIN is 29AABCA4708P1ZB (Karnataka).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It was formerly known as Arman Textile Processors Private Limited. It is led by directors Vicky Girdhari Lakhani and Varsha Lakhani.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.418A 14th Cross 9th Main Peenya II Stage, Bangalore, Karnataka, India – 560058.

As per the financials filed for FY 2024, the company reported a revenue of ₹9 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹40.99 Lakh (net margin 4.6%) and EBITDA of ₹1.2 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 22% over five years.

As per MCA filings, the company has open charges of ₹6.33 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 2 cases are pending.

Rinsetop Tex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0000855). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U85110KA1996PTC019961
Registration Number 019961
Incorporation Date 01 March 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0000855

CIN history

Rinsetop Tex has one previous CIN (Corporate Identification Number): U17112KA1996PTC019961. The current CIN is U85110KA1996PTC019961, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U85110KA1996PTC019961Current
U17112KA1996PTC019961Previous
Key People
Vicky Girdhari Lakhani Director Varsha Lakhani Director

Recognitions & Rankings of Rinsetop Tex

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0000855

Contact details

Rinsetop Tex Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.418A 14th Cross 9th Main Peenya II Stage, Bangalore, Karnataka, India – 560058
  • Industry
    Fashion and Textile, Designer & Branded Fashion

To see the full contact details of Rinsetop Tex Private Limited, buy the company report.

Comprehensive company report
Rinsetop Tex 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 Rinsetop Tex is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Rinsetop Tex Private Limited, buy the company report.

Financials of Rinsetop Tex Private Limited

FY 2024 filings available

Rinsetop Tex Private Limited reported revenue of ₹9 Cr (up 5% YoY) for FY 2024.

Revenue · FY 2024
₹9 Cr ▲ 5%
Net profit · FY 2024
₹40.99 Lakh margin 4.6%
EBITDA · FY 2024
₹1.2 Cr margin 13.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 39%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 5%
3 years · compounded
▲ 47%
5 years · compounded
▲ 12%

Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 5% growth in the latest year. EBITDA rose 5% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹40.99 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin13.3%
Net Profit Margin4.6%
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 Rinsetop Tex Private Limited, buy the company report.

Board of directors of Rinsetop Tex Private Limited

Rinsetop Tex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vicky Girdhari LakhaniDirector06 Jun 200818 Years 5 MonthsCurrent
Varsha LakhaniDirector06 May 20242 Years 6 MonthsCurrent
View all directors

Auditor

Rinsetop Tex Private Limited is audited by S. G. BHAT & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
S. G. BHAT & CO.FY 202228677

Shareholding

The shareholding of Rinsetop Tex Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rinsetop Tex Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.33 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹3.15 Cr
Syndicate Bank₹1.79 Cr
Religare Finvest Limited₹1.27 Cr
Hdfc Bank Limited₹0.12 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Aug 2025101180442Hdfc Bank Limited₹12.14 LakhOpen
30 Jan 2017100214421Others₹3.15 CrOpen
30 Nov 201510604799Religare Finvest Limited₹1.27 CrOpen
11 Mar 201110277660Syndicate Bank₹20 LakhOpen
17 Jul 200910217506Syndicate Bank₹20 LakhOpen

To see the full charge records of Rinsetop Tex Private Limited, buy the company report.

Total charge records: 7 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rinsetop Tex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Rinsetop Tex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCA4708P1ZBKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Rinsetop Tex Private Limited, buy the company report.

Recent activity

Rinsetop Tex Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Girdhari Lakhani ceased to be Director on 06 May 2024.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.14 Lakh with Charge ID 101180442 was registered on 30 Aug 2025.
AGM
Rinsetop Tex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Girdhari Lakhani ceased to be Director.
Appointed
Varsha Lakhani was appointed as Director.
Filing
Rinsetop Tex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 314.50 Lakh with Charge ID 100214421 was registered on 30 Jan 2017.
Charges
A charge with Religare Finvest Limited amounted to Rs. 127.00 Lakh with Charge ID 10604799 was registered on 30 Nov 2015.
Charges
A charge with Syndicate Bank of Rs. 93.00 Lakh registered on 12 Mar 2009 with Charge ID 10154220 was modified on 24 Jul 2014.
Charges
A charge with Syndicate Bank amounted to Rs. 20.00 Lakh with Charge ID 10277660 was registered on 11 Mar 2011.
Charges
A charge with Syndicate Bank amounted to Rs. 20.00 Lakh with Charge ID 10217506 was registered on 17 Jul 2009.
Charges
A charge with Syndicate Bank amounted to Rs. 93.00 Lakh with Charge ID 10154220 was registered on 12 Mar 2009.
Ceased
Varsha Lakhani ceased to be Director.

3 earlier events are in the company report.

Frequently asked questions

Rinsetop Tex is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 01 March 1996 (30+ years old) and is registered under CIN U85110KA1996PTC019961.

Rinsetop Tex has 2 current directors:

The latest financial statements of Rinsetop Tex on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Rinsetop Tex is 29AABCA4708P1ZB, registered in Karnataka.

The CIN (Corporate Identification Number) of Rinsetop Tex is U85110KA1996PTC019961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rinsetop Tex has 10 court cases on record: 7 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.

Rinsetop Tex was incorporated on 01 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.

Girdhari Lakhani ceased to be Director on 06 May 2024. Varsha Lakhani was appointed as Director on 06 May 2024. Varsha Lakhani ceased to be Director on 06 Jun 2008. Rinsetop Tex has 4 board changes on record in total.

Yes, Rinsetop Tex is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0000855).

The registered office of Rinsetop Tex is at No.418A 14th Cross 9th Main Peenya II Stage, Bangalore, Karnataka, India – 560058.