About Sheetal Drape (India) Private Limited
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Sheetal Drape (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 08 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1994PTC079511. Its GSTIN is 27AAACS7375P1ZL (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹95 Lakh. It is led by directors Sameer Mahesh Kanani (Managing Director) and Sejal Sameer Kanani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.86 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹98.3 Lakh (net margin 14.3%) and EBITDA of ₹1.13 Cr (EBITDA margin 16.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 18% over five years.
The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record. Court records list 25 cases involving the company, including 25 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sheetaldrape.com.
Company details
Contact details
Sheetal Drape (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is sheetaldrape.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No 1A & B Ground Floor Parshwadeep Building 138/142 Shamaldas Gandhi Marg(Princess, Street), Mumbai, Maharashtra, India – 400002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sheetal Drape (India) 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 Sheetal Drape (India) 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 Sheetal Drape (India) Private Limited, buy the company report.
Financials of Sheetal Drape (India) Private Limited
FY 2025 filings availableSheetal Drape (India) Private Limited reported revenue of ₹6.86 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 988% 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 | ₹1.13 Cr | ||||
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| Net Profit (PAT) | ₹98.3 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 | 16.5% | ||||
| Net Profit Margin | 14.3% | ||||
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To see the full financial statements and ratios of Sheetal Drape (India) Private Limited, buy the company report.
Board of directors of Sheetal Drape (India) Private Limited
Sheetal Drape (India) has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sameer Mahesh Kanani | Managing Director | 31 Mar 2010 | 16 Years 6 Months | Current |
| Sejal Sameer Kanani Also directs: Kanani Trading LLP, Conifer Investments P Ltd | Director | 28 Mar 2018 | 8 Years 6 Months | Current |
Peer comparison
Sheetal Drape (India) 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 |
|---|---|---|---|---|---|---|
| Kamra Eco Fab Private Limited | ₹6.88 Cr (FY 2024) | 5.0% | Surat, Gujarat, India | |||
| Stile Clothing Private Limited | ₹6.88 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Siddharth Creations Private Limited | ₹6.86 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Sheetal Drape (India) Private Limitedthis company | ₹6.86 Cr (FY 2025) | ₹98.3 Lakh | 14.3% | 30.0% | 4 | Mumbai, Maharashtra, India |
| Topwell Supply Private Limited | ₹6.83 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Sheetal Drape (India) Private Limited, buy the company report.
Auditor
Sheetal Drape (India) Private Limited is audited by AJIT P. SUTARIA& CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJIT P. SUTARIA& CO | FY 2022 | 017456 |
Shareholding
The shareholding of Sheetal Drape (India) 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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sheetal Drape (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2007 | 10075096 | The Saraswat Co-Op Bank Ltd | ₹3 Cr | Satisfied | |
| 03 Sep 1996 | 80059757 | The Saraswat Co-Op Bank Ltd | ₹2 Cr | Satisfied |
To see the full charge records of Sheetal Drape (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Sheetal Drape (India) Private Limited has 25 court cases on record: 25 filed by Sheetal Drape (India). All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 0 | 0 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Furnishing Plaza Pvt Ltd and Jasjeet Singh | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Coco International Ltd. Nareshchand Goel. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Coco International Ltd. Nareshchand Goel. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Sheetal Drape (India) 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 Sheetal Drape (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sheetal Drape (India) has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Conifer Investments P Ltd | U67120MH1994PTC077917 |
To see the full group structure of Sheetal Drape (India) Private Limited, buy the company report.
Employees & EPFO
Sheetal Drape (India) Private Limited has a workforce of 4 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Sheetal Drape (India) has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7375P1ZL | Maharashtra | Active | 01 Jul 2017 |
| 27AAACS7375P2ZK | Maharashtra | Active | 01 Apr 2025 |
| 24AAACS7375P1ZR | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sheetal Drape (India) Private Limited, buy the company report.
Recent activity
Sheetal Drape (India) Private Limited has 7 board changes on record since 2010: 2 appointments and 5 cessations. The latest: Mahesh Ramdas Kanani ceased to be Director on 31 May 2023.
3 earlier events are in the company report.
Frequently asked questions
Sheetal Drape (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 08 July 1994 (32+ years old) and is registered under CIN U17120MH1994PTC079511.
Sheetal Drape (India) has 2 current directors:
- Sameer Mahesh Kanani - Managing Director
- Sejal Sameer Kanani - Director
The latest financial statements of Sheetal Drape (India) 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 Sheetal Drape (India) is 27AAACS7375P1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAACS7375P2ZK (Maharashtra), 24AAACS7375P1ZR (Gujarat).
The CIN (Corporate Identification Number) of Sheetal Drape (India) is U17120MH1994PTC079511. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sheetal Drape (India) has 25 court cases on record: 25 filed by the company. Most are in the district courts.
Sheetal Drape (India) was incorporated on 08 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sheetal Drape (India) by revenue are Kamra Eco Fab Private Limited, Stile Clothing Private Limited, Siddharth Creations Private Limited, Topwell Supply Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Mahesh Ramdas Kanani ceased to be Director on 31 May 2023. Sejal Sameer Kanani ceased to be Additional Director on 30 Sep 2018. Sejal Sameer Kanani was appointed as Director on 28 Mar 2018. Sheetal Drape (India) has 7 board changes on record in total.
Sheetal Drape (India) can be reached through the website sheetaldrape.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sheetal Drape (India) is at Shop No 1A & B Ground Floor Parshwadeep Building 138142 Shamaldas Gandhi MargPrincess, Street, Mumbai, Maharashtra, India – 400002.