MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-HR-13-0002529
Sif Garments Private Limited - manufacturing in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹21.79 Lakh
▲ 375520% YoY
Net loss · FY 2023
₹28.82 Lakh
Net margin -132.3%
EBITDA · FY 2023
-₹1.09 Lakh
EBITDA margin -5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
2
of 4 registered
About Sif Garments Private Limited
Data last updated:
Sif Garments Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL2016PTC304868. Its GSTIN is 06AAXCS5396R1ZX (Haryana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Vipul Goel and Pankaj Narula.
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 1212A Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.79 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹28.82 Lakh (net margin -132.3%) and EBITDA of -₹1.09 Lakh (EBITDA margin -5%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 41% over five years.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Sif Garments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-13-0002529). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sif-garments.business.site.
Company details
CIN U18109DL2016PTC304868
Registration Number 304868
Incorporation Date 24 August 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-HR-13-0002529
Key People
Vipul Goel Director Pankaj Narula Director Recognitions & Rankings of Sif Garments
Contact details
Sif Garments Private Limited's registered office is in New Delhi, Delhi. Its website is sif-garments.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1212A Chiranjiv Tower 43 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Sif Garments Private Limited, buy the company report.
Comprehensive company report
Sif Garments 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Sif Garments 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 Sif Garments Private Limited, buy the company report.
Financials of Sif Garments Private Limited
FY 2023 filings availableSif Garments Private Limited reported revenue of ₹21.79 Lakh (up 375520% YoY) for FY 2023.
Revenue · FY 2023
₹21.79 Lakh ▲ 375520%
Net loss · FY 2023
₹28.82 Lakh margin -132.3%
EBITDA · FY 2023
-₹1.09 Lakh margin -5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 77%
5 years · compounded
▼ 41%
EBITDA CAGR growth
1 year
▲ 99%
3 years · compounded
▼ 27%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years. EBITDA rose 99% 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 | ₹21.79 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.09 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹28.82 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 | -5% | ||||
| Net Profit Margin | -132.3% | ||||
| 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 Sif Garments Private Limited, buy the company report.
Board of directors of Sif Garments Private Limited
Sif Garments has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Goel Also directs: Sil Fibres Private Limited | Director | 14 Aug 2023 | 3 Years 2 Months | Current |
| Pankaj Narula Also directs: C K Engineers India Private Limited | Director | 23 Aug 2023 | 3 Years 2 Months | Current |
Auditor
Sif Garments Private Limited is audited by ROHIT MALIK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHIT MALIK & ASSOCIATES | FY 2023 | 004380-C |
Shareholding
The shareholding of Sif Garments 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 Sif Garments Private Limited, buy the company report.
Legal cases
Sif Garments Private Limited has 4 court cases on record: 1 filed by Sif Garments, 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited. | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Future Enterprises Limited | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed against the company by Glenmargon Global | Pending |
| District court, Tiruppur, Tamil Nadu | Criminal miscellaneous application | Filed against the company by Glenmargon Global | Disposed |
To see the full case history of Sif Garments 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 Sif Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sif Garments has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAXCS5396R1ZX | Haryana | Active | 12 Sep 2020 |
| 27AAXCS5396R1ZT | Maharashtra | Active | 03 Oct 2023 |
To see the full GST registrations and return filing status of Sif Garments Private Limited, buy the company report.
Recent activity
Sif Garments Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Anurag Aggarwal ceased to be Director on 23 Aug 2023.
AGM
Sif Garments Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Anurag Aggarwal ceased to be Director.
Appointed
Pankaj Narula was appointed as Director.
Ceased
Sandeep Gupta ceased to be Director.
Appointed
Vipul Goel was appointed as Director.
Filing
Sif Garments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi I.
Ceased
Shivek Gupta ceased to be Director.
Ceased
Devanshi Mittal Gupta ceased to be Additional Director.
Ceased
Sudhir Kumar Ramsaran ceased to be Additional Director.
Ceased
Samvit Rajagopalan ceased to be Director.
Incorporation
24 Aug 2016
Sif Garments Private Limited was registered on 24 Aug 2016 with Roc Delhi I & aged 10 years 2 months as per MCA records.
Frequently asked questions
Sif Garments is an active private limited company based in New Delhi, Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 August 2016 (10+ years old) and is registered under CIN U18109DL2016PTC304868.
Sif Garments has 2 current directors:
- Vipul Goel - Director
- Pankaj Narula - Director
The latest financial statements of Sif Garments 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 FY 2017 are in the company report.
The GSTIN of Sif Garments is 06AAXCS5396R1ZX, registered in Haryana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAXCS5396R1ZT (Maharashtra).
The CIN (Corporate Identification Number) of Sif Garments is U18109DL2016PTC304868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sif Garments has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Sif Garments was incorporated on 24 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Anurag Aggarwal ceased to be Director on 23 Aug 2023. Pankaj Narula was appointed as Director on 23 Aug 2023. Sandeep Gupta ceased to be Director on 14 Aug 2023. Sif Garments has 8 board changes on record in total.
Yes, Sif Garments is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-13-0002529).
Sif Garments can be reached through the website sif-garments.business.site. Its registered office is in New Delhi, Delhi, India.