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; 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 of Shotex Velvets Private Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address70 Mirza Street, Mumbai, Maharashtra, India – 400003
- IndustryAppreal & Fashion, Leather, Textile, Apparel
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Business Activity of Shotex Velvets Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Shotex Velvets Private Limited FY 2025 filings available
Shotex 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) of Shotex Velvets Private Limited
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 of Shotex Velvets Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.63 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.28 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 of Shotex Velvets Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shotex Velvets are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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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 of Shotex Velvets Private Limited
Shotex Velvets Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail trade, except of motor vehicles and motorcycles). Net profit, margin and employee counts of each company are in the company report.
| 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 Limited this company | ₹1.33 Cr (FY 2025) | •••• | •••• | 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 |
Peers are the five companies nearest above and the five nearest below Shotex Velvets by revenue in the same principal business activity (Retail trade, except of motor vehicles and motorcycles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shotex Velvets Private Limited
Shotex Velvets Private Limited is audited by V. Singhi & Associates for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. Singhi & Associates | Locked | Locked | Locked |
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Ownership and Shareholding of Shotex Velvets Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Shotex Velvets Private Limited
Shotex Velvets Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Shotex Velvets Private Limited
Shotex Velvets Private Limited has 2 court cases on record: 2 where it is another party. All cases are pending. Status as checked on 03 Oct 2026.
Total cases
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Company is another party | Pending |
| Bombay High Court | Writ petition | Company is another party | Pending |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Shotex Velvets Private Limited
Employment history and EPFO contributions of people linked to Shotex Velvets.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Shotex Velvets Private Limited
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.
Credit Ratings, Litigation & Regulatory Alerts for Shotex Velvets Private Limited
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MSME Payment Delays by Shotex Velvets Private Limited
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Subsidiaries & Group Companies of Shotex Velvets Private Limited
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GST Compliance of Shotex Velvets Private Limited
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
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MCA Filings & Documents of Shotex Velvets Private Limited
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Frequently Asked Questions about Shotex Velvets Private Limited
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 reported revenue of ₹1.33 Cr for FY 2025 (up 134% YoY).
Shotex Velvets has 3 current directors:
- Kailashpati Arjundas Gupta - Director
- Rishabh Ravi Shorewala - Director
- Ravi Kailash Shorewala - Director
Shotex Velvets reported a net profit of ₹6.28 Lakh (net margin 4.7%) and EBITDA of ₹26.63 Lakh (EBITDA margin 20%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shotex Velvets is 196% over three years and 62% over five years. In the latest year (FY 2025) revenue rose 134%. CAGR is the steady yearly rate that links the first and the last year.
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. 2 are pending. Most are in the high 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.