Shetty Garments Private Limited
About Shetty Garments Private Limited
Data last updated:
Shetty Garments Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 20 January 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA1972PTC002153. Its GSTIN is 27AADCS9381A1ZB (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Shamsuddin Kamaluddin Dawoodani and Kamaluddin Mohammed Dawoodani.
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 203 Fortune Pride Hat Hill Bejay Post, Mangalore, Karnataka, India – 575004.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.17 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹6.79 Lakh (net margin 35.4%) and EBITDA of ₹12.96 Lakh (EBITDA margin 67.6%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 15% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shetty Garments Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address203 Fortune Pride Hat Hill Bejay Post, Mangalore, Karnataka, India – 575004
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Shetty Garments 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
Financials of Shetty Garments Private Limited
FY 2025 filings availableShetty Garments Private Limited reported revenue of ₹19.17 Lakh (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 5% 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 | ₹12.96 Lakh | ||||
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| Net Profit (PAT) | ₹6.79 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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| EBITDA Margin | 67.6% | ||||
| Net Profit Margin | 35.4% | ||||
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To see the full financial statements and ratios of Shetty Garments Private Limited, buy the company report.
Board of directors of Shetty Garments Private Limited
Shetty Garments 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 |
|---|---|---|---|---|
| Shamsuddin Kamaluddin Dawoodani Also directs: Bunts Exports Pvt Ltd | Director | 31 Jul 2015 | 11 Years 2 Months | Current |
| Kamaluddin Mohammed Dawoodani Also directs: Bunts Exports Pvt Ltd | Additional Director | 31 Jul 2015 | 11 Years 2 Months | Current |
Auditor
Shetty Garments Private Limited is audited by H H Bandukwala & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H H Bandukwala & Co. | FY 2017 | 100965W |
Shareholding
The shareholding of Shetty Garments 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 Shetty Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2005 | 80049996 | Canara Bank | ₹5 Cr | Satisfied |
To see the full charge records of Shetty Garments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shetty Garments Private 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 Shetty Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shetty Garments has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bunts Exports Pvt Ltd | U51900MH1989PTC052174 |
To see the full group structure of Shetty Garments Private Limited, buy the company report.
GST
Shetty Garments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS9381A1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shetty Garments Private Limited, buy the company report.
Recent activity
Shetty Garments Private Limited has 7 board changes on record since 2011: 2 appointments and 5 cessations. The latest: Kala Sanjeev Shetty ceased to be Whole-Time Director on 10 Aug 2015.
1 earlier event is in the company report.
Frequently asked questions
Shetty Garments is an active private limited company based in Mangalore, Karnataka, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 20 January 1972 (54+ years old) and is registered under CIN U18101KA1972PTC002153.
Shetty Garments has 2 current directors:
- Shamsuddin Kamaluddin Dawoodani - Director
- Kamaluddin Mohammed Dawoodani - Additional Director
The latest financial statements of Shetty Garments 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 Shetty Garments is 27AADCS9381A1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shetty Garments is U18101KA1972PTC002153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shetty Garments was incorporated on 20 January 1972, making it 54+ years old. It is registered with the Registrar of Companies, Bangalore.
Kala Sanjeev Shetty ceased to be Whole-Time Director on 10 Aug 2015. Sanjay Sanjeev Shetty ceased to be Managing Director on 10 Aug 2015. Shubhangi Sanjay Shetty ceased to be Whole-Time Director on 10 Aug 2015. Shetty Garments has 7 board changes on record in total.
The registered office of Shetty Garments is at 203 Fortune Pride Hat Hill Bejay Post, Mangalore, Karnataka, India – 575004.
Shetty Garments operates in the apparel and fashion industry, in the leather segment.
Shetty Garments has no open charges and satisfied charges of ₹5 Cr as per latest MCA filings.