Shirrin Design Co Private Limited
About Shirrin Design Co Private Limited
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Shirrin Design Co Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 11 May 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18109MH1999PTC119806. Its GSTIN is 27AAACZ1992M1ZP (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Hbs Formes Private Limited and Hbs Land Acquirers Private Limited. It is led by directors Shirin Sandeep Shah and Sandeep Bipin 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 2025. The registered office is at 607 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.03 Lakh, a decline of 46% compared to the previous year. For the same year it recorded a net loss of ₹83.05 Lakh and EBITDA of -₹26.32 Lakh (EBITDA margin -175.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 34% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Name history
Shirrin Design Co has undergone 2 name changes throughout its history. The company was previously known as Hbs Formes Private Limited, and Hbs Land Acquirers Private Limited. The current legal name is Shirrin Design Co Private Limited.
| Company Name | Status |
|---|---|
| Shirrin Design Co Private Limited | Current |
| Hbs Formes Private Limited | Previous |
| Hbs Land Acquirers Private Limited | Previous |
CIN history
Shirrin Design Co has one previous CIN (Corporate Identification Number): U74140MH1999PTC119806. The current CIN is U18109MH1999PTC119806, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18109MH1999PTC119806 | Current |
| U74140MH1999PTC119806 | Previous |
Contact details
Shirrin Design Co Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address607 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004
- IndustryAppreal & Fashion, Textile, Leather, Apparel
To see the full contact details of Shirrin Design Co 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 Shirrin Design Co 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 Shirrin Design Co Private Limited, buy the company report.
Financials of Shirrin Design Co Private Limited
FY 2025 filings availableShirrin Design Co Private Limited reported revenue of ₹15.03 Lakh (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 46% fall in the latest year. EBITDA fell 52% 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 | -₹26.32 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹83.05 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -175.2% | ||||
| Net Profit Margin | |||||
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To see the full financial statements and ratios of Shirrin Design Co Private Limited, buy the company report.
Board of directors of Shirrin Design Co Private Limited
Shirrin Design Co has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shirin Sandeep Shah | Director | 03 Feb 2015 | 11 Years 9 Months | Current |
| Sandeep Bipin Shah Also directs: Trove Investment Advisors LLP, HBS Raksha Distributors LLP, HBS Realtors Private Limited and 3 more | Director | 11 Aug 2003 | 23 Years 3 Months | Current |
Peer comparison
Shirrin Design Co Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Athlexica Activewear Private Limited | ₹15.07 Lakh (FY 2022) | 10291.0% | Mumbai, Maharashtra, India | |||
| Katwa Denim Limited | ₹15.06 Lakh (FY 2018) | -69.0% | Mumbai, Maharashtra, India | |||
| JVS Spinners (India) Limited | ₹15.05 Lakh (FY 2024) | 19.0% | Madurai, Tamil Nadu, India | |||
| Linen On Me Private Limited | ₹15.04 Lakh (FY 2024) | 8.0% | Lucknow, Uttar Pradesh, India | |||
| Apropriate Traders Private Limited | ₹15.03 Lakh (FY 2019) | -91.0% | New Delhi, Delhi, India | |||
| Shirrin Design Co Private Limitedthis company | ₹15.03 Lakh (FY 2024) | -₹83.05 Lakh | -46.0% | Mumbai, Maharashtra, India | ||
| Leccop Processing Private Limited | ₹15.02 Lakh (FY 2016) | 27.0% | Ranchi, Jharkhand, India | |||
| Glamist Fashion Private Limited | ₹15.02 Lakh (FY 2023) | Bengaluru, Karnataka, India | ||||
| Sheetalkalaa Textiles Private Limited | ₹15.02 Lakh (FY 2018) | -80.0% | Varanasi, Uttar Pradesh, India | |||
| Emmannuelle Agencies Private Limited | ₹15 Lakh (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| A O V Clever Knits Private Limited | ₹15 Lakh (FY 2016) | -99.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shirrin Design Co Private Limited, buy the company report.
Auditor
Shirrin Design Co Private Limited is audited by P.D. Sangani & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.D. Sangani & Co. | FY 2017 | 109088W |
Shareholding
The shareholding of Shirrin Design Co 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 Shirrin Design Co Private Limited, buy the company report.
Legal cases
Shirrin Design Co Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Indian Hotels Company Ltd. Th. Manish Chiranewal | Disposed |
To see the full case history of Shirrin Design Co 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 Shirrin Design Co Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shirrin Design Co has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ1992M1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shirrin Design Co Private Limited, buy the company report.
Recent activity
Shirrin Design Co Private Limited has 9 board changes on record since 2003: 2 appointments and 7 cessations. The latest: Bipin Chhotalal Shah ceased to be Director on 25 Jan 2016.
Frequently asked questions
Shirrin Design Co is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 11 May 1999 (27+ years old) and is registered under CIN U18109MH1999PTC119806.
Shirrin Design Co has 2 current directors:
- Shirin Sandeep Shah - Director
- Sandeep Bipin Shah - Director
The latest financial statements of Shirrin Design Co 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 Shirrin Design Co is 27AAACZ1992M1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Shirrin Design Co is U18109MH1999PTC119806. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shirrin Design Co has 1 court case on record: 1 filed against it.
Shirrin Design Co was incorporated on 11 May 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shirrin Design Co by revenue are Athlexica Activewear Private Limited, Katwa Denim Limited, JVS Spinners (India) Limited, Linen On Me Private Limited, Apropriate Traders Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Bipin Chhotalal Shah ceased to be Director on 25 Jan 2016. Shirin Sandeep Shah ceased to be Additional Director on 30 Sep 2015. Jayesh Anantrai Dani ceased to be Director on 26 Mar 2015. Shirrin Design Co has 9 board changes on record in total.
The registered office of Shirrin Design Co is at 607 Parekh Market Opera House, Mumbai, Maharashtra, India – 400004.
Shirrin Design Co operates in the apparel and fashion industry, in the textile segment.
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