MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0004239
Seasons Apparels Private Limited - fashion and textile in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹60.76 Cr
▲ 14% YoY
Net profit · FY 2026
₹3.95 Cr
Net margin 6.5%
EBITDA · FY 2026
₹10.79 Cr
EBITDA margin 17.8%
Authorised capital
₹1.25 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹38.68 Cr
Satisfied ₹65.4 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
122
Provident fund records
About Seasons Apparels Private Limited
Data last updated:
Seasons Apparels Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 10 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2006PTC048660. Its GSTIN is 24AAKCS0117M1ZD (Gujarat). The company holds 11 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹1.25 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors Viral Nemjibhai Shah and Meetaben Viral Bhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sf 205 206 And 207 73 – East Avenue, Vikram Sarabhai Marg Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2026, the company reported a revenue of ₹60.76 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.95 Cr (net margin 6.5%) and EBITDA of ₹10.79 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 34% over five years.
The company has about 122 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Bagh India. As per MCA filings, the company has open charges of ₹38.68 Cr and satisfied charges of ₹65.4 Cr on record. Court records list 7 cases involving the company, including 7 filed against it.
Seasons Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004239). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baghindia.com.
Company details
CIN U18101GJ2006PTC048660
Registration Number 048660
Incorporation Date 10 July 2006
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0004239
Recognitions & Rankings of Seasons Apparels
Contact details
Seasons Apparels Private Limited's registered office is in Vadodara, Gujarat. Its website is baghindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSf 205 206 And 207 73 – East Avenue, Vikram Sarabhai Marg Vadodara, Gujarat, India – 390007
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Seasons Apparels Private Limited, buy the company report.
Comprehensive company report
Seasons Apparels 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
Seasons Apparels operates one associated brand: Bagh India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Retailer of ethnic clothing and home textiles with online and physical outlets. | baghindia.com |
Business activity
The main business activity of Seasons Apparels is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Seasons Apparels Private Limited, buy the company report.
Financials of Seasons Apparels Private Limited
FY 2026 filings availableSeasons Apparels Private Limited reported revenue of ₹60.76 Cr (up 14% YoY) for FY 2026.
Revenue · FY 2026
₹60.76 Cr ▲ 14%
Net profit · FY 2026
₹3.95 Cr margin 6.5%
EBITDA · FY 2026
₹10.79 Cr margin 17.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 10%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▼ 6%
5 years · compounded
▲ 51%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 14% growth in the latest year. 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹60.76 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.95 Cr | ||||
| 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | ||||
| Net Profit Margin | 6.5% | ||||
| 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 Seasons Apparels Private Limited, buy the company report.
Board of directors of Seasons Apparels Private Limited
Seasons Apparels has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viral Nemjibhai Shah | Director | 10 Jul 2006 | 20 Years 4 Months | Current |
| Meetaben Viral Bhai Shah | Director | 10 Jul 2006 | 20 Years 4 Months | Current |
Auditor
Seasons Apparels Private Limited is audited by RAJESH NAGDA & CO for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH NAGDA & CO | FY 2026 | 151838W |
Shareholding
The shareholding of Seasons Apparels Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Seasons Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹38.68 Cr
Satisfied charges
₹65.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2025 | 101181486 | Axis Bank Limited | ₹22.16 Cr | Open | |
| 03 Apr 2025 | 101082213 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 18 Nov 2024 | 101003336 | Hdfc Bank Limited | ₹81.5 Lakh | Open | |
| 17 Nov 2023 | 100814962 | Others | ₹2.5 Cr | Open | |
| 24 Jul 2023 | 100749656 | Hdfc Bank Limited | ₹20 Lakh | Open |
To see the full charge records of Seasons Apparels Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Seasons Apparels Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Total cases
7
Filed against the company
7
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 0 |
Cases on record (2 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Seasons Apparels 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
Seasons Apparels Private Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 177 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| M K Silk Creations | |||
| Bapna Projects Private Limited |
To see the full MSME payment records of Seasons Apparels Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Seasons Apparels Private Limited has a workforce of 122 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
122
Active EPFO establishments
1
Employee growth
5.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 122 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Seasons Apparels Private Limited, buy the company report.
GST
Seasons Apparels has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
8
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCS0117M1ZD | Gujarat | Active | 01 Jul 2017 |
| 27AAKCS0117M3Z5 | Maharashtra | Active | 29 May 2018 |
| 29AAKCS0117M1Z3 | Karnataka | Active | 01 Feb 2019 |
| 07AAKCS0117M1Z9 | Delhi | Active | 26 May 2023 |
To see the full GST registrations and return filing status of Seasons Apparels Private Limited, buy the company report.
Recent activity
Seasons Apparels Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Jyotiben Nemjibhai Parmar ceased to be Director on 28 May 2009.
Filing
Seasons Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited of Rs. 22.16 Cr registered on 20 Sep 2025 with Charge ID 101181486 was modified on 04 Dec 2025.
Charges
A charge registered on 06 Mar 2024 via Charge ID 100887562 with Hdfc Bank Limited was fully satisfied on 25 Nov 2025.
Charges
A charge registered on 01 Mar 2023 via Charge ID 100733944 with Hdfc Bank Limited was fully satisfied on 25 Nov 2025.
AGM
Seasons Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 19.61 Cr registered on 01 Mar 2023 with Charge ID 100733944 was modified on 27 Sep 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 22.16 Cr with Charge ID 101181486 was registered on 20 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 101082213 was registered on 03 Apr 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 6.84 Cr registered on 06 Mar 2024 with Charge ID 100887562 was modified on 21 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.82 Cr with Charge ID 101003336 was registered on 18 Nov 2024.
Charges
A charge registered on 01 Feb 2020 via Charge ID 100325688 with Others was fully satisfied on 15 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.84 Cr with Charge ID 100887562 was registered on 06 Mar 2024.
32 earlier events are in the company report.
Frequently asked questions
Seasons Apparels is an active private limited company based in Vadodara, Gujarat, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 10 July 2006 (20+ years old) and is registered under CIN U18101GJ2006PTC048660.
Seasons Apparels has 2 current directors:
- Viral Nemjibhai Shah - Director
- Meetaben Viral Bhai Shah - Director
The latest financial statements of Seasons Apparels on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Seasons Apparels is 24AAKCS0117M1ZD, registered in Gujarat. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAKCS0117M3Z5 (Maharashtra), 29AAKCS0117M1Z3 (Karnataka), 07AAKCS0117M1Z9 (Delhi).
The CIN (Corporate Identification Number) of Seasons Apparels is U18101GJ2006PTC048660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Seasons Apparels has 7 court cases on record: 7 filed against it.
Seasons Apparels was incorporated on 10 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jyotiben Nemjibhai Parmar ceased to be Director on 28 May 2009. Nemjibhai Ravjibhai Parmar ceased to be Director on 28 May 2009. Meetaben Viral Bhai Shah was appointed as Director on 10 Jul 2006. Seasons Apparels has 4 board changes on record in total.
Yes, Seasons Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0004239).
Seasons Apparels has 6 MSME Form 1 returns on record between 2019 and 2024, listing 177 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Seasons Apparels can be reached through the website baghindia.com. Its registered office is in Vadodara, Gujarat, India.
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