Shah Yarntex Private Limited
About Shah Yarntex Private Limited
Data last updated:
Shah Yarntex Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. The company is currently under process of striking off by the Registrar of Companies. The removal process has been initiated but is not yet final, and the company may be struck off soon. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 30 March 1999.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ1999PTC008808. Its GSTIN is 27AAFCS1537G1ZF (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.06 Lakh. It is led by directors including Rajiv Natwarlal Shah and Rupen Natwarlal Shah.
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 93/6D B Road R S Puram, Coimbatore, Tamil Nadu, India – 641002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.09 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹3.23 Lakh (net margin -154.4%) and EBITDA of ₹87,460 (EBITDA margin 41.8%). Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 70% over five years.
As per MCA filings, the company has satisfied charges of ₹1.95 Cr on record. Court records list 37 cases involving the company, including 37 filed by the company; 2 cases are pending.
Company details
Contact details
Shah Yarntex Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address93/6D B Road R S Puram, Coimbatore, Tamil Nadu, India – 641002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Shah Yarntex 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 Shah Yarntex 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 Shah Yarntex Private Limited, buy the company report.
Financials of Shah Yarntex Private Limited
FY 2024 filings availableShah Yarntex Private Limited reported revenue of ₹2.09 Lakh (down 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years. EBITDA fell 99% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹87,460 | ||||
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| Net Profit (PAT) | -₹3.23 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 41.8% | ||||
| Net Profit Margin | -154.4% | ||||
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To see the full financial statements and ratios of Shah Yarntex Private Limited, buy the company report.
Board of directors of Shah Yarntex Private Limited
Shah Yarntex has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Natwarlal Shah | Director | 31 Jul 2009 | 17 Years 3 Months | Current |
| Rupen Natwarlal Shah | Director | 31 Jul 2009 | 17 Years 3 Months | Current |
| Vikash Shah Jayantilal | Director | 30 Mar 1999 | 27 Years 7 Months | Current |
| Divyesh Shivlal Shah Also directs: Kongu Commodities LLP | Director | 06 May 1999 | 27 Years 6 Months | Current |
| Kiran Keshavjee Shah | Director | 01 Apr 1999 | 27 Years 7 Months | Current |
Peer comparison
Shah Yarntex Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile 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 |
|---|---|---|---|---|---|---|
| Jasmine Niketan Private Limited | ₹2.1 Lakh (FY 2025) | -65.0% | Kolkata, West Bengal, India | |||
| MSM Apparels Private Limited | ₹2.1 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Shah Yarntex Private Limitedthis company | ₹2.09 Lakh (FY 2024) | -₹3.23 Lakh | -154.4% | -100.0% | Coimbatore, Tamil Nadu, India | |
| Rikosh Fashions Private Limited | ₹2.08 Lakh (FY 2017) | -47.0% | Mumbai, Maharashtra, India | |||
| Gajanan Deal Com Private Limited | ₹2.07 Lakh (FY 2018) | 921.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shah Yarntex Private Limited, buy the company report.
Auditor
Shah Yarntex Private Limited is audited by Suri and Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suri and Co | FY 2017 | 004283S |
Shareholding
The shareholding of Shah Yarntex Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shah Yarntex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jun 2000 | 90003577 | Bank of India | ₹30 Lakh | Satisfied | |
| 10 May 1999 | 90003403 | Bank of India | ₹1.65 Cr | Satisfied |
To see the full charge records of Shah Yarntex Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Shah Yarntex Private Limited has 37 court cases on record: 37 filed by Shah Yarntex. 2 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 0 | 2 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Coimbatore, Tamil Nadu | Criminal miscellaneous application | Filed by the company against M/S.Vinayak Madhuka Hogade, Mr.Sailesh S.Sjajj | Disposed |
To see the full case history of Shah Yarntex 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 Shah Yarntex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shah Yarntex has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS1537G1ZF | Maharashtra | Active | 01 Jul 2017 |
| 33AAFCS1537G1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shah Yarntex Private Limited, buy the company report.
Recent activity
Shah Yarntex Private Limited has 12 board changes on record since 1999: 5 appointments and 7 cessations. The latest: Kiran Keshavjee Shah ceased to be Director on 26 Apr 2025.
8 earlier events are in the company report.
Frequently asked questions
Shah Yarntex is currently "Under Process of Striking Off" as per MCA records. The Registrar of Companies has initiated the process to remove the company from the register, typically due to non-filing of statutory returns. This process is not yet final, but the company may be struck off soon. Caution is advised before entering into any agreements with this entity.
Shah Yarntex is a company pending strike off, currently registered as a private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 30 March 1999 and is registered under CIN U17111TZ1999PTC008808. The company may be struck off soon - caution is advised.
The compliance status of Shah Yarntex is compliant as of 11 September 2026.
Shah Yarntex has 5 current directors:
- Rajiv Natwarlal Shah - Director
- Rupen Natwarlal Shah - Director
- Vikash Shah Jayantilal - Director
- Divyesh Shivlal Shah - Director
- Kiran Keshavjee Shah - Director
The CIN (Corporate Identification Number) of Shah Yarntex is U17111TZ1999PTC008808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shah Yarntex was incorporated on 30 March 1999. It is registered with the Registrar of Companies, Coimbatore.
The registered office of Shah Yarntex is at 936D B Road R S Puram, Coimbatore, Tamil Nadu, India – 641002.
The latest financial statements of Shah Yarntex 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 Shah Yarntex is 27AAFCS1537G1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAFCS1537G1ZM (Tamil Nadu).
Shah Yarntex operates in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Shah Yarntex by revenue are Jasmine Niketan Private Limited, MSM Apparels Private Limited, Rikosh Fashions Private Limited, Gajanan Deal Com Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
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