- Category
- Micro (2022-23)
- Udyam number
- UDYAM-RJ-17-0092357

About Saraf Gartex Limited
Data last updated:
Saraf Gartex Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 20 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U18101RJ1981PLC002345. Its GSTIN is 08AACCS4414K1ZB (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.08 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Alok Saraf (Managing Director) and Shikha Saraf (Whole-Time Director).
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 B – 115 Road No. 9 V.K.I. Area, Jaipur, Rajasthan, India – 302013.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.87 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹4.74 Lakh (net margin 1.2%) and EBITDA of ₹16.79 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 2% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Saraf Group. As per MCA filings, the company has open charges of ₹18 Lakh and satisfied charges of ₹22.13 Cr on record. Court records list 14 cases involving the company, including 9 filed by the company and 5 filed against it; 3 cases are pending.
Saraf Gartex Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0092357). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sarafindia.com.
Company details
Recognitions & Rankings of Saraf Gartex
Contact details
Saraf Gartex Limited's registered office is in Jaipur, Rajasthan. Its website is sarafindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 115 Road No. 9 V.K.I. Area, Jaipur, Rajasthan, India – 302013
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Saraf Gartex 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
Brands
Saraf Gartex operates one associated brand: Saraf Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Apparel manufacturing, exporting, and warehousing services in India. | sarafindia.com |
Business activity
The main business activity of Saraf Gartex 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 Saraf Gartex Limited, buy the company report.
Financials of Saraf Gartex Limited
FY 2024 filings availableSaraf Gartex Limited reported revenue of ₹3.87 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 10% growth in the latest year. EBITDA fell 87% 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 | ₹16.79 Lakh | ||||
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| Net Profit (PAT) | ₹4.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Saraf Gartex Limited, buy the company report.
Board of directors of Saraf Gartex Limited
Saraf Gartex 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 |
|---|---|---|---|---|
| Alok Saraf | Managing Director | 01 Apr 2004 | 22 Years 6 Months | Current |
| Shikha Saraf Also directs: Kaizen and Seiko LLP, Saraf Metasteel Limited | Whole-Time Director | 01 Feb 2013 | 13 Years 8 Months | Current |
| Sanchit Saraf | Director | 24 Aug 2012 | 14 Years 2 Months | Current |
Auditor
Saraf Gartex Limited is audited by SHAH SURENDRA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHAH SURENDRA & ASSOCIATES | FY 2020 | 004666C |
Shareholding
The shareholding of Saraf Gartex Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Saraf Gartex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2021 | 100455670 | Hdfc Bank Limited | ₹18 Lakh | Satisfied | |
| 08 Feb 2011 | 10276803 | Bank of Baroda | ₹21.95 Cr | Satisfied |
To see the full charge records of Saraf Gartex Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Saraf Gartex Limited has 14 court cases on record: 9 filed by Saraf Gartex, 5 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 5 | 1 | 1 |
| District courts | 4 | 3 | 1 |
| High courts | 4 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Kamakshi Kraftex Pvt. Ltd. | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Kamakshi Kraftex Pvt. Ltd. | Disposed |
| NCLAT, Registrar Court | Tribunal matter | Filed by the company against Kamakshi Kraftex Pvt. Ltd. | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Kamakshi Kraftex Pvt. Ltd. | Disposed |
| NCLT, Jaipur | Insolvency matter | Filed against the company by Kamakshi Kraftex Pvt. Ltd. | Disposed |
To see the full case history of Saraf Gartex 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 Saraf Gartex Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Saraf Gartex has 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
Employees & EPFO
Saraf Gartex Limited has a workforce of 11 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Saraf Gartex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCS4414K1ZB | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saraf Gartex Limited, buy the company report.
Recent activity
Saraf Gartex Limited has 9 board changes on record since 2004: 3 appointments and 6 cessations. The latest: Alok Saraf ceased to be Whole-Time Director on 06 Apr 2019.
4 earlier events are in the company report.
Frequently asked questions
Saraf Gartex is an active public limited company based in Jaipur, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 20 November 1981 (45+ years old) and is registered under CIN U18101RJ1981PLC002345.
Saraf Gartex has 3 current directors:
- Alok Saraf - Managing Director
- Shikha Saraf - Whole-Time Director
- Sanchit Saraf - Director
The latest financial statements of Saraf Gartex 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 Saraf Gartex is 08AACCS4414K1ZB, registered in Rajasthan. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Saraf Gartex is U18101RJ1981PLC002345. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saraf Gartex has 14 court cases on record: 9 filed by the company and 5 filed against it. 3 are pending. Most are in the nclat.
Saraf Gartex was incorporated on 20 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Jaipur.
Alok Saraf ceased to be Whole-Time Director on 06 Apr 2019. Shikha Saraf ceased to be Director on 06 Apr 2019. Sanwar Mal Saraf ceased to be Director on 16 Apr 2013. Saraf Gartex has 9 board changes on record in total.
Yes, Saraf Gartex is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0092357).
Saraf Gartex can be reached through the website sarafindia.com. Its registered office is in Jaipur, Rajasthan, India.