Shubhang Processing Mills Pvt Ltd
About Shubhang Processing Mills Pvt Ltd
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Shubhang Processing Mills Pvt Ltd is a private limited company based in Ahmedabad, Gujarat, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 22 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17119GJ1980PTC003990. Its GSTIN is 24AACCS6209A1ZX (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.4 Lakh. It was formerly known as Shubang Processing Mills Pvt Ltd. It is led by directors including Ashwinkumar Ramshakti Seth and Shubhang Lalitkumar Sheth.
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 126 New Cloth Market, Ahmedabad, Gujarat, India – 380002.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.11 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹48.95 Lakh (net margin 6%) and EBITDA of ₹69.96 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹1.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address126 New Cloth Market, Ahmedabad, Gujarat, India – 380002
- IndustryFashion and Textile, Designer & Branded Fashion
- 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
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Business Activity of Shubhang Processing Mills Pvt Ltd
The main business activity of Shubhang Processing Mills is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Shubhang Processing Mills Pvt Ltd FY 2025 filings available
Shubhang Processing Mills Pvt Ltd reported revenue of ₹8.11 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Shubhang Processing Mills Pvt Ltd
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 15% growth in the latest year. EBITDA rose 62% 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 Shubhang Processing Mills Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹69.96 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.95 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 Shubhang Processing Mills Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6% | •••• | •••• | •••• | •••• |
| 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 Shubhang Processing Mills are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shubhang Processing Mills Pvt Ltd
Shubhang Processing Mills Pvt Ltd is compared with the companies closest to it by revenue in the Apparel industry (Branded Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| So Design Factory Private Limited | ₹8.56 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Bangalore, Karnataka, India |
| Jaypee Spintex Private Limited | ₹8.56 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| Radiant Fashions Private Limited | ₹8.29 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Sri Dharshini Garments Private Limited | ₹8.23 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Tirupur, Tamil Nadu, India |
| Shree Adinatham Hosiery Private Limited | ₹8.13 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Jaipur, Rajasthan, India |
| Shubhang Processing Mills Pvt Ltd this company | ₹8.11 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
| Neo Vastram Private Limited | ₹8.11 Cr (FY 2016) | •••• | •••• | 48.0% | •••• | Ahmedabad, Gujarat, India |
| Ta Studios Private Limited | ₹8.08 Cr (FY 2025) | •••• | •••• | 595.0% | •••• | Amritsar, Punjab, India |
| PNG Furnishings Private Limited | ₹8.01 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Lalwani Jewellers Private Limited | ₹7.98 Cr (FY 2019) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Abha Spintex Private Limited | ₹7.92 Cr (FY 2019) | •••• | •••• | -64.0% | •••• | Bhilwara, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Shubhang Processing Mills by revenue in the Apparel industry (Branded Wear), 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 Shubhang Processing Mills Pvt Ltd
Shubhang Processing Mills Pvt Ltd is audited by R R TIBREWALA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R R TIBREWALA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shubhang Processing Mills Pvt Ltd
Shubhang Processing Mills has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwinkumar Ramshakti Seth Also directs: Shri Ramshakti Fabrics Private Limited | Director | 22 Oct 1980 | 45 Years 11 Months | Current |
| Shubhang Lalitkumar Sheth Also directs: Svarna Weaves Private Limited | Director | 02 Apr 1996 | 30 Years 6 Months | Current |
| Raghav Ashwinkumar Sheth Also directs: WFS - the Gym LLP | Director | 20 Apr 2010 | 16 Years 5 Months | Current |
| Lalitkumar Ramshakti Sheth Also directs: Shri Ramshakti Fabrics Private Limited | Director | 22 Oct 1980 | 45 Years 11 Months | Current |
Ownership and Shareholding of Shubhang Processing Mills Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shubhang Processing Mills Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2006 | Bank of India | ₹1 Cr | Open |
| 31 May 2005 | Bank of India | ₹54.72 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Shubhang Processing Mills Pvt Ltd
Employment history and EPFO contributions of people linked to Shubhang Processing Mills.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shubhang Processing Mills Pvt Ltd
Shubhang Processing Mills Pvt Ltd has 4 board changes on record since 1980: 4 appointments. The latest: Raghav Ashwinkumar Sheth was appointed as Director on 20 Apr 2010.
Credit Ratings, Litigation & Regulatory Alerts for Shubhang Processing Mills Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shubhang Processing Mills Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shubhang Processing Mills Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shubhang Processing Mills Pvt Ltd
Shubhang Processing Mills has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCS6209A1ZX | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shubhang Processing Mills Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shubhang Processing Mills Pvt Ltd
Shubhang Processing Mills is an active private limited company based in Ahmedabad, Gujarat, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 22 October 1980 (46+ years old) and is registered under CIN U17119GJ1980PTC003990.
Shubhang Processing Mills reported revenue of ₹8.11 Cr for FY 2024 (up 15% YoY).
Shubhang Processing Mills has 4 current directors:
- Ashwinkumar Ramshakti Seth - Director
- Shubhang Lalitkumar Sheth - Director
- Raghav Ashwinkumar Sheth - Director
- Lalitkumar Ramshakti Sheth - Director
Shubhang Processing Mills reported a net profit of ₹48.95 Lakh (net margin 6%) and EBITDA of ₹69.96 Lakh (EBITDA margin 8.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shubhang Processing Mills is 36% over three years and 32% over five years. In the latest year (FY 2024) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Shubhang Processing Mills is 24AACCS6209A1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Shubhang Processing Mills is U17119GJ1980PTC003990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shubhang Processing Mills was incorporated on 22 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Shubhang Processing Mills by revenue are So Design Factory Private Limited, Jaypee Spintex Private Limited, Radiant Fashions Private Limited, Sri Dharshini Garments Private Limited, Shree Adinatham Hosiery Private Limited and 5 more, all in the Apparel industry (Branded Wear).
Raghav Ashwinkumar Sheth was appointed as Director on 20 Apr 2010. Shubhang Lalitkumar Sheth was appointed as Director on 02 Apr 1996. Ashwinkumar Ramshakti Seth was appointed as Director on 22 Oct 1980. Shubhang Processing Mills has 4 board changes on record in total.
The registered office of Shubhang Processing Mills is at 126 New Cloth Market, Ahmedabad, Gujarat, India – 380002.