Shivam Texofab Private Limited
About Shivam Texofab Private Limited
Data last updated:
Shivam Texofab Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18101GJ2003PTC042672. Its GSTIN is 24AAHCS8946F1Z2 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹22.94 Lakh. It is led by directors including Bhavini Abhishek Chevli and Monikaben Satiskumar Chevli.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No 892 Road No 33G I D C Sachin, Surat, Gujarat, India – 394210.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.03 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹1.25 Lakh (net margin 0.4%) and EBITDA of ₹11.18 Lakh (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹80 Lakh and satisfied charges of ₹1.68 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shivam Texofab Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 892 Road No 33G I D C Sachin, Surat, Gujarat, India – 394210
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shivam Texofab 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 Shivam Texofab 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 Shivam Texofab Private Limited, buy the company report.
Financials of Shivam Texofab Private Limited
FY 2023 filings availableShivam Texofab Private Limited reported revenue of ₹3.03 Cr (down 23% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 23% fall in the latest year. EBITDA fell 51% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.03 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹11.18 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.25 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Shivam Texofab Private Limited, buy the company report.
Board of directors of Shivam Texofab Private Limited
Shivam Texofab has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavini Abhishek Chevli | Director | 30 Mar 2022 | 4 Years 7 Months | Current |
| Monikaben Satiskumar Chevli | Director | 30 Mar 2022 | 4 Years 7 Months | Current |
| Abhishek Satishkumar Chevli | Director | 30 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Shivam Texofab Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with 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 |
|---|---|---|---|---|---|---|
| Sunny Silk Mills Pvt Ltd | ₹3.03 Cr (FY 2024) | 2.0% | Surat, Gujarat, India | |||
| Longmile Fashions Private Limited | ₹3.03 Cr (FY 2025) | Erode, Tamil Nadu, India | ||||
| Avni's Lifestyle Private Limited | ₹3.03 Cr (FY 2025) | 15.0% | Vadodara, Gujarat, India | |||
| Shyam Collection Private Limited | ₹3.03 Cr (FY 2024) | 10.0% | Kolkata, West Bengal, India | |||
| Shivam Texofab Private Limitedthis company | ₹3.03 Cr (FY 2023) | ₹1.25 Lakh | 0.4% | -23.0% | Surat, Gujarat, India | |
| Ashro Textiles Private Limited | ₹3.03 Cr (FY 2021) | -27.0% | Vada, Maharashtra, India | |||
| M3r Seamless Private Limited | ₹3.02 Cr (FY 2024) | 81.0% | Sikar, Rajasthan, India |
To see the full peer comparison of Shivam Texofab Private Limited, buy the company report.
Auditor
Shivam Texofab Private Limited is audited by D.M.S. and Vilki Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.M.S. and Vilki Associates | FY 2023 | 114299W |
Shareholding
The shareholding of Shivam Texofab Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shivam Texofab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2023 | 100704869 | Hdfc Bank Limited | ₹80 Lakh | Open | |
| 06 May 2010 | 10225196 | The Surat Peoples Co-Operative Bank Ltd | ₹40.31 Lakh | Satisfied | |
| 02 Feb 2008 | 10088695 | The Surat People'S Co. Op. Bank Ltd. | ₹9.64 Lakh | Satisfied | |
| 01 Aug 2007 | 10062581 | Others | ₹30 Lakh | Satisfied | |
| 09 Mar 2005 | 80026535 | Oriental Bank of Commerce | ₹4.8 Lakh | Satisfied |
To see the full charge records of Shivam Texofab Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Shivam Texofab Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (RECO33C2 LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (TAPP LC) | Filed against the company by an individual | Disposed |
To see the full case history of Shivam Texofab 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
Shivam Texofab Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 7 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Madhusudan Threads | |||
| Chinco Polysizers |
To see the full MSME payment records of Shivam Texofab Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shivam Texofab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCS8946F1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivam Texofab Private Limited, buy the company report.
Recent activity
Shivam Texofab Private Limited has 11 board changes on record since 2007: 7 appointments and 4 cessations. The latest: Anilkumar Mandhana ceased to be Director on 31 Mar 2022.
18 earlier events are in the company report.
Frequently asked questions
Shivam Texofab is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 July 2003 (23+ years old) and is registered under CIN U18101GJ2003PTC042672.
Shivam Texofab has 3 current directors:
- Bhavini Abhishek Chevli - Director
- Monikaben Satiskumar Chevli - Director
- Abhishek Satishkumar Chevli - Director
The latest financial statements of Shivam Texofab on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Shivam Texofab is 24AAHCS8946F1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Shivam Texofab is U18101GJ2003PTC042672. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shivam Texofab has 6 court cases on record: 6 filed against it.
Shivam Texofab was incorporated on 25 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shivam Texofab by revenue are Sunny Silk Mills Pvt Ltd, Longmile Fashions Private Limited, Avni's Lifestyle Private Limited, Shyam Collection Private Limited, Ashro Textiles Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Anilkumar Mandhana ceased to be Director on 31 Mar 2022. Piyush Chandrakant Modi ceased to be Director on 31 Mar 2022. Sanjaykumar Balubhai Bhadani ceased to be Director on 31 Mar 2022. Shivam Texofab has 11 board changes on record in total.
Shivam Texofab has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Jan 2020.
The registered office of Shivam Texofab is at Plot No 892 Road No 33G I D C Sachin, Surat, Gujarat, India – 394210.
Shivam Texofab operates in the manufacturing industry, in the textile and fabric production segment.
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