Shirt Company (India) Private Limited - Company Profile

It is a fashion and textile private limited company based in Mumbai, Maharashtra, India, established in 2005.

2005 Mumbai, Maharashtra, India Under Liquidation

Last Updated: July 23, 2025

About Shirt Company (India) Private Limited

Shirt Company (India) Private Limited, a under liquidation private limited company, was established on 06 May 2005 in Mumbai, Maharashtra, India. Engaging in designer & branded fashion within the manufacturing sector, it holds CIN: U18101MH2005PTC153109. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹7.03 Cr.

Formerly known as Shirt Company (India) Limited. It upholds a active non-compliant status. Employing 471 professional, Its leadership includes Balkrishna Bhoja Shetty (Director), Ashwin Shivanand Shetty (Whole-Time Director), Shivanand Bhoja Shetty (Managing Director). Past directors included Anant Kondopant Shende, Himanshu Basantlal Gajra, Udupi Raghava Sherigara. It holds ₹158.86 Cr open charges and ₹79.96 Cr settled loans. Its latest AGM occurred on 30 September 2016, with the balance sheet filed on 31 March 2016. It is based at 2 Brady Glady Plaza1/447 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, 400013.

Company Details

CIN/LLPIN
U18101MH2005PTC153109
Registration Number
153109
Incorporation Date
06 May 2005
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹7.03 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 23-07-2025
Paid Up Capital ₹ 7.03 Cr as on 23-07-2025
Company Age 20 Year, 9 Months
Last Filing with ROC 31 Mar 2016
Open Charges ₹ 158.86 Cr as on 23-07-2025
Satisfied Charges ₹ 79.96 Cr as on 23-07-2025
Revenue Growth **** 31.50% (FY 2015)
Profit Growth **** 36.45% (FY 2015)
Ebitda **** 1.70% (FY 2015)
Net Worth 6.30% (FY 2015)
Total Assets **** 14.80% (FY 2015)

Comprehensive Company Insights

Explore comprehensive insights into Shirt Company (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Shirt Company (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Balkrishna Bhoja Shetty	Director	05 Jun 2005	Current
Ashwin Shivanand Shetty	Whole-Time Director	05 Jun 2005	Current
Shivanand Bhoja Shetty	Managing Director	05 Jun 2005	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	04 Jun 2009	Past
Pramod Abcsdd	Company Secretary	26 Mar 2018	Past
Pramod Abcsdd	Director	20 Jan 2012	Past
Pramod Abcsdd	Director	15 Jun 2017	Past
Pramod Abcsdd	Director	12 Sep 2011	Past
Pramod Abcsdd	Director	04 Dec 2009	Past

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Financial Performance of Shirt Company (India).

Shirt Company (India) Private Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 31.5% increase. The company also saw a substantial improvement in profitability, with a 36.45% increase in profit. The company's net worth moved up by a moderate rise of 6.3%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

31.50%

*******

Revenue from Operations

*******

33.56%

*******

Total Assets

*******

14.80%

*******

Profit or Loss

*******

36.45%

*******

Net Worth

*******

6.30%

*******

EBITDA

*******

1.70%

*******

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What is the Ownership and Shareholding Structure of Shirt Company (India)?

In 2016, Shirt Company (India) had a promoter holding of 78.14% and a public holding of 21.86%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹1,588,586,000.00

Satisfied Charges

₹799,595,000.00

Charges Breakdown by Lending Institutions

Vijaya Bank : 65.90 Cr
Others : 60.97 Cr
Religare Finvest Limited : 20.00 Cr
Deutsche Bank Ag : 5.68 Cr
Standard Chartered Bank : 4.70 Cr
Others : 1.61 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jan 2016	Deutsche Bank Ag	₹5.68 Cr	Open
30 Jan 2016	Deutsche Bank	₹1.57 Cr	Open
06 Jan 2015	Religare Finvest Limited	₹5.00 Cr	Open
29 Apr 2013	Standard Chartered Bank	₹4.70 Cr	Open
11 Feb 2013	Religare Finvest Limited	₹3.00 Cr	Open

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How Many Employees Work at Shirt Company (India)?

Shirt Company (India) has a workforce of 471 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Shirt Company (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shirt Company (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Shirt Company (India)

Recent Activity within the Organization

Charges

The activity A charge with Others of Rs. 60.97 Cr registered on 23 May 2008 with Charge ID 10182934 was modified on 27 Feb 2020. was completed.
27 Feb 2020
Charges

A charge with Vijaya Bank of Rs. 32.95 Cr registered on 24 Apr 2008 with Charge ID 10104979 was modified on 27 Nov 2017. was recorded as a recent event.
27 Nov 2017
Charges

Progress on A charge with Vijaya Bank of Rs. 32.95 Cr registered on 24 Apr 2008 with Charge ID 10104938 was modified on 27 Nov 2017. was documented.
27 Nov 2017
Annual General Meeting

Progress on Shirt Company (India) Private Limited last Annual general meeting of members was held on 30 Sep 2016 as per latest MCA records. was documented.
30 Sep 2016
Balance Sheet

Progress on Shirt Company (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Mumbai. was documented.
31 Mar 2016
Charges

A charge with Deutsche Bank Ag amounted to Rs. 5.68 Cr with Charge ID 10628371 was registered on 30 Jan 2016. was recorded as a recent event.
30 Jan 2016

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Frequently Asked Questions

What is the CIN of Shirt Company (India) Private Limited?

The CIN of Shirt Company (India) Private Limited is U18101MH2005PTC153109.

Where is Shirt Company (India) Private Limited headquartered?

Shirt Company (India) Private Limited is headquartered at 2 Brady Glady Plaza1/447 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, 400013.

When was Shirt Company (India) Private Limited incorporated?

Shirt Company (India) Private Limited was incorporated on 06 May 2005.

Who are the current directors of Shirt Company (India) Private Limited?

The current directors of Shirt Company (India) Private Limited are

What is the primary industry of Shirt Company (India) Private Limited?

The primary industry of Shirt Company (India) Private Limited is Manufacturing.

Is Shirt Company (India) Private Limited a listed company?

Shirt Company (India) Private Limited is unlisted.

What is the capital structure of Shirt Company (India) Private Limited?

The authorized capital of Shirt Company (India) Private Limited is ₹10.00 Cr, and the paid-up capital is ₹7.03 Cr.

What is the compliance status of Shirt Company (India) Private Limited?

The compliance status of Shirt Company (India) Private Limited is Active Non-Compliant.

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