MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0131152
Shotex Velvets Private Limited
Shotex Velvets Private Limited - appreal & fashion in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.33 Cr
▲ 134% YoY
Net profit · FY 2025
₹6.28 Lakh
Net margin 4.7%
EBITDA · FY 2025
₹26.63 Lakh
EBITDA margin 20%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹4.7 Lakh
Issued & subscribed
Company age
26 yrs
Est. 2000
Directors on board
3
As per MCA filings
GST registrations
2
None active
About Shotex Velvets Private Limited
Data last updated:
Shotex Velvets Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 30 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC127516. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.7 Lakh. It is led by directors including Kailashpati Arjundas Gupta and Rishabh Ravi Shorewala.
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 70 Mirza Street, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.33 Cr, a growth of 134% compared to the previous year. For the same year it recorded a net profit of ₹6.28 Lakh (net margin 4.7%) and EBITDA of ₹26.63 Lakh (EBITDA margin 20%). Revenue has grown at a compounded annual rate (CAGR) of 196% over three years and 62% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
Shotex Velvets Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0131152). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900MH2000PTC127516
Registration Number 127516
Incorporation Date 30 June 2000
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0131152
Key People
Kailashpati Arjundas Gupta Director Rishabh Ravi Shorewala Director Ravi Kailash Shorewala Director Recognitions & Rankings of Shotex Velvets
Contact details
Shotex Velvets Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address70 Mirza Street, Mumbai, Maharashtra, India – 400003
- IndustryAppreal & Fashion, Leather, Textile, Apparel
To see the full contact details of Shotex Velvets Private Limited, buy the company report.
Comprehensive company report
Shotex Velvets Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Shotex Velvets is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Shotex Velvets Private Limited, buy the company report.
Financials of Shotex Velvets Private Limited
FY 2025 filings availableShotex Velvets Private Limited reported revenue of ₹1.33 Cr (up 134% YoY) for FY 2025.
Revenue · FY 2025
₹1.33 Cr ▲ 134%
Net profit · FY 2025
₹6.28 Lakh margin 4.7%
EBITDA · FY 2025
₹26.63 Lakh margin 20%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 134%
3 years · compounded
▲ 196%
5 years · compounded
▲ 62%
EBITDA CAGR growth
1 year
▲ 599%
3 years · compounded
▲ 305%
5 years · compounded
▲ 70%
Revenue has grown at a compounded annual rate (CAGR) of 62% over five years, including 134% growth in the latest year. EBITDA rose 599% 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 | ₹26.63 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹6.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | ||||
| Net Profit Margin | 4.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shotex Velvets Private Limited, buy the company report.
Board of directors of Shotex Velvets Private Limited
Shotex Velvets has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailashpati Arjundas Gupta Also directs: Klass Velvets Private Limited | Director | 24 Apr 2006 | 20 Years 5 Months | Current |
| Rishabh Ravi Shorewala Also directs: Klass Velvets Private Limited | Director | 26 Feb 2022 | 4 Years 7 Months | Current |
| Ravi Kailash Shorewala Also directs: Klass Velvets Private Limited | Director | 24 Apr 2006 | 20 Years 5 Months | Current |
Peer comparison
Shotex Velvets Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Param Sales Private Limited | ₹1.34 Cr (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Metallica Resources Private Limited | ₹1.34 Cr (FY 2025) | 133.0% | Navi Mumbai, Maharashtra, India | |||
| Home Tag Decors Private Limited | ₹1.34 Cr (FY 2025) | 104.0% | Rohtak, Haryana, India | |||
| Jak Remedies Private Limited | ₹1.33 Cr (FY 2024) | 22.0% | New Delhi, Delhi, India | |||
| Jefferson Impex Private Limited | ₹1.33 Cr (FY 2025) | 409.0% | Nagpur, Maharashtra, India | |||
| Shotex Velvets Private Limitedthis company | ₹1.33 Cr (FY 2025) | ₹6.28 Lakh | 4.7% | 134.0% | Mumbai, Maharashtra, India | |
| SSP Advisory Private Limited | ₹1.33 Cr (FY 2025) | 31.0% | New Delhi, Delhi, India | |||
| GT Retail and Hospitality Private Limited | ₹1.33 Cr (FY 2025) | -39.0% | Bangalore, Karnataka, India | |||
| Expert Roofing Projects Private Limited | ₹1.33 Cr (FY 2025) | -10.0% | Delhi, India | |||
| Bake Nutrition Private Limited | ₹1.33 Cr (FY 2025) | 117.0% | Delhi, India | |||
| Golden Soil Nature India Private Limited | ₹1.33 Cr (FY 2025) | -23.0% | Doddaballapura, Karnataka, India |
To see the full peer comparison of Shotex Velvets Private Limited, buy the company report.
Auditor
Shotex Velvets Private Limited is audited by V. Singhi & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Singhi & Associates | FY 2017 | 311017E |
Shareholding
The shareholding of Shotex Velvets 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 Shotex Velvets Private Limited, buy the company report.
Legal cases
Shotex Velvets Private Limited has 2 court cases on record: 1 filed by Shotex Velvets, 1 filed against it. All cases are pending.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Bombay Pulp and Paper Manufacturing Pvt. Ltd. | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Bombay Pulp and Paper Mfg Pvt Ltd | Pending |
To see the full case history of Shotex Velvets 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 Shotex Velvets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shotex Velvets has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
Total GSTINs
2
Cancelled / inactive
2
To see the full GST registrations and return filing status of Shotex Velvets Private Limited, buy the company report.
Recent activity
Shotex Velvets Private Limited has 4 board changes on record since 2006: 3 appointments and 1 cessation. The latest: Rishabh Ravi Shorewala ceased to be Additional Director on 30 Sep 2022.
AGM
Shotex Velvets Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shotex Velvets Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Rishabh Ravi Shorewala ceased to be Additional Director.
Appointed
Rishabh Ravi Shorewala was appointed as Director.
Appointed
Kailashpati Arjundas Gupta was appointed as Director.
Appointed
Ravi Kailash Shorewala was appointed as Director.
Incorporation
30 Jun 2000
Shotex Velvets Private Limited was registered on 30 Jun 2000 with Roc Mumbai & aged 26 years 3 months as per MCA records.
Frequently asked questions
Shotex Velvets is an active private limited company based in Mumbai, Maharashtra, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 30 June 2000 (26+ years old) and is registered under CIN U72900MH2000PTC127516.
Shotex Velvets has 3 current directors:
- Kailashpati Arjundas Gupta - Director
- Rishabh Ravi Shorewala - Director
- Ravi Kailash Shorewala - Director
The latest financial statements of Shotex Velvets 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.
No. Shotex Velvets has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Shotex Velvets is U72900MH2000PTC127516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shotex Velvets has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Shotex Velvets was incorporated on 30 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Shotex Velvets by revenue are Param Sales Private Limited, Metallica Resources Private Limited, Home Tag Decors Private Limited, Jak Remedies Private Limited, Jefferson Impex Private Limited and 5 more, all in the same principal business activity (retail trade, except of motor vehicles and motorcycles).
Rishabh Ravi Shorewala ceased to be Additional Director on 30 Sep 2022. Rishabh Ravi Shorewala was appointed as Director on 26 Feb 2022. Kailashpati Arjundas Gupta was appointed as Director on 24 Apr 2006. Shotex Velvets has 4 board changes on record in total.
Yes, Shotex Velvets is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0131152).
The registered office of Shotex Velvets is at 70 Mirza Street, Mumbai, Maharashtra, India – 400003.