Saiba Apparels Limited
About Saiba Apparels Limited
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Saiba Apparels Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 12 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U18100RJ1993PLC007747. Its GSTIN is 08AAACK7575K1Z1 (Rajasthan).
The company has an authorised share capital of ₹1.15 Cr and a paid-up capital of ₹1.12 Cr. It was formerly known as Kukar Sons Inter Fashions Limited. It is led by directors including Manish Modiani and Kamla Modiani.
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 Plot No. G1 – 28 Apparel Park RIICO Industrial Area Jagatpura, Jaipur, Rajasthan, India – 302025.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.26 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹7.13 Lakh (net margin -5.7%) and EBITDA of ₹4.91 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 98% over five years.
As per MCA filings, the company has satisfied charges of ₹2.91 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Saiba Apparels has one previous CIN (Corporate Identification Number): U74994RJ1993PLC007747. The current CIN is U18100RJ1993PLC007747, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18100RJ1993PLC007747 | Current |
| U74994RJ1993PLC007747 | Previous |
Contact details
Saiba Apparels Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. G1 – 28 Apparel Park RIICO Industrial Area Jagatpura, Jaipur, Rajasthan, India – 302025
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Saiba Apparels 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 Saiba Apparels is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Saiba Apparels Limited, buy the company report.
Financials of Saiba Apparels Limited
FY 2025 filings availableSaiba Apparels Limited reported revenue of ₹1.26 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 98%. EBITDA rose 26% 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 |
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| EBITDA | ₹4.91 Lakh | ||||
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| Net Profit (PAT) | -₹7.13 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | -5.7% | ||||
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To see the full financial statements and ratios of Saiba Apparels Limited, buy the company report.
Board of directors of Saiba Apparels Limited
Saiba Apparels has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Modiani Also directs: Tripurari Buildcon Private Limited | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Kamla Modiani Also directs: Tripurari Buildcon Private Limited | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Jai Kishan Modiani Also directs: Tripurari Buildcon Private Limited | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
Peer comparison
Saiba Apparels Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| North East Tradelink Private Limited | ₹1.28 Cr (FY 2017) | 145.0% | Kolkata, West Bengal, India | |||
| Seashell Exports Private Limited | ₹1.27 Cr (FY 2025) | 67.0% | Ambalapuzha, Kerala, India | |||
| Saiba Apparels Limitedthis company | ₹1.26 Cr (FY 2025) | -₹7.13 Lakh | -5.7% | -16.0% | Jaipur, Rajasthan, India | |
| Gitesh Textiles Private Limited | ₹1.25 Cr (FY 2022) | Mumbai, Maharashtra, India |
To see the full peer comparison of Saiba Apparels Limited, buy the company report.
Auditor
Saiba Apparels Limited is audited by KHANDELWAL RAJESH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KHANDELWAL RAJESH & CO | FY 2021 | 009139C |
Shareholding
The shareholding of Saiba Apparels 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saiba Apparels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2017 | 100146429 | Others | ₹1.5 Cr | Satisfied | |
| 14 Feb 2004 | 90075340 | Punjab & Sind Bank | ₹53 Lakh | Satisfied | |
| 10 Mar 1995 | 90074618 | Punjab & Sind Bank | ₹48 Lakh | Satisfied | |
| 07 Jan 1995 | 90074594 | Punjab & Sind Bank | ₹40 Lakh | Satisfied |
To see the full charge records of Saiba Apparels Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Saiba Apparels Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Saiba Apparels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saiba Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACK7575K1Z1 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saiba Apparels Limited, buy the company report.
Recent activity
Saiba Apparels Limited has 9 board changes on record since 2013: 3 appointments and 6 cessations. The latest: Jai Kishan Modiani ceased to be Additional Director on 30 Sep 2015.
9 earlier events are in the company report.
Frequently asked questions
Saiba Apparels is an active public limited company based in Jaipur, Rajasthan, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 12 October 1993 (33+ years old) and is registered under CIN U18100RJ1993PLC007747.
Saiba Apparels has 3 current directors:
- Manish Modiani - Director
- Kamla Modiani - Director
- Jai Kishan Modiani - Director
The latest financial statements of Saiba Apparels 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 Saiba Apparels is 08AAACK7575K1Z1, registered in Rajasthan.
The CIN (Corporate Identification Number) of Saiba Apparels is U18100RJ1993PLC007747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saiba Apparels was incorporated on 12 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Saiba Apparels by revenue are North East Tradelink Private Limited, Seashell Exports Private Limited, Gitesh Textiles Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Jai Kishan Modiani ceased to be Additional Director on 30 Sep 2015. Manish Modiani ceased to be Additional Director on 30 Sep 2015. Shiraz Kukar ceased to be Director on 31 Jan 2015. Saiba Apparels has 9 board changes on record in total.
The registered office of Saiba Apparels is at Plot No. G1 – 28 Apparel Park RIICO Industrial Area Jagatpura, Jaipur, Rajasthan, India – 302025.
Saiba Apparels operates in the fashion and textile industry, in the fashion retail segment.
Saiba Apparels has no open charges and satisfied charges of ₹2.91 Cr as per latest MCA filings.