MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0003752
Signet Denim Private Limited - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹242.2 Cr
▲ 20% YoY
Net profit · FY 2025
₹10.48 Cr
Net margin 4.3%
EBITDA · FY 2025
₹28.43 Cr
EBITDA margin 11.7%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹112.77 Cr
Satisfied ₹79 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
46
Provident fund records
About Signet Denim Private Limited
Data last updated:
Signet Denim Private Limited is a private limited company based in Bhilwara, Rajasthan, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U17290RJ2015PTC047332. Its GSTIN is 24AAVCS6543A1Z9 (Gujarat).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Stuti Spinners Private Limited. It is led by directors including Mahesh Kumar Bhimsariya and Lalit Kumar Ajitsaria.
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 85 New Cloth Market Pur Road Bhilwara, Rajasthan, India – 311001.
As per the financials filed for FY 2025, the company reported a revenue of ₹242.2 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹10.48 Cr (net margin 4.3%) and EBITDA of ₹28.43 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Signet Denim. As per MCA filings, the company has open charges of ₹112.77 Cr and satisfied charges of ₹79 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending. The company has 10 deals on record (10 secondary share transfers); the latest was in March 2021. Its 8 peer companies in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 4 smaller; the largest is Shanti Spintex Limited with revenue of ₹710.46 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 63 overdue payments to 6 micro and small suppliers.
Signet Denim Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0003752). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website signetdenim.com.
Company details
CIN U17290RJ2015PTC047332
Registration Number 047332
Incorporation Date 08 April 2015
ROC Jaipur
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 Medium
Udyam Registration UDYAM-GJ-22-0003752
Key People
Mahesh Kumar Bhimsariya Director Lalit Kumar Ajitsaria Director Manoj Kumar Tulsyan Director Recognitions & Rankings of Signet Denim
Contact details
Signet Denim Private Limited's registered office is in Bhilwara, Rajasthan. Its website is signetdenim.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address85 New Cloth Market Pur Road Bhilwara, Rajasthan, India – 311001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Signet Denim Private Limited, buy the company report.
Comprehensive company report
Signet Denim 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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Brands
Signet Denim operates one associated brand: Signet Denim. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces sustainable denim fabrics using innovative and eco-friendly methods. | signetdenim.com |
Business activity
The main business activity of Signet Denim 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 Signet Denim Private Limited, buy the company report.
Financials of Signet Denim Private Limited
FY 2025 filings availableSignet Denim Private Limited reported revenue of ₹242.2 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹242.2 Cr ▲ 20%
Net profit · FY 2025
₹10.48 Cr margin 4.3%
EBITDA · FY 2025
₹28.43 Cr margin 11.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 2%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 22%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 20% growth in the latest year. EBITDA rose 42% 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 |
|---|---|---|---|---|---|
| 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 | ₹28.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.48 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 4.3% | ||||
| 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 Signet Denim Private Limited, buy the company report.
Board of directors of Signet Denim Private Limited
Signet Denim has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Bhimsariya Also directs: Ranjan Polyster Ltd., Hanu Green Energy Private Limited, Stuti Processors Private Limited and 4 more | Director | 06 Jun 2016 | 10 Years 5 Months | Current |
| Lalit Kumar Ajitsaria | Director | 06 Jun 2016 | 10 Years 5 Months | Current |
| Manoj Kumar Tulsyan | Director | 27 Jun 2016 | 10 Years 4 Months | Current |
| Nitish Agarwal Also directs: Giga Game Zone LLP, Jacks Enterprises LLP, Kalakruti Processors Private Limited and 1 more | Director | 01 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
Signet Denim Private Limited is compared with the 8 companies closest to it by revenue in the Apparel industry (Denim Wear), 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 |
|---|---|---|---|---|---|---|
| Shanti Spintex Limited | ₹710.46 Cr (FY 2025) | 40.0% | Ahmedabad, Gujarat, India | |||
| R & B Denims Limited | ₹382.88 Cr (FY 2025) | 9.0% | Surat, Gujarat, India | |||
| Super Gold Suitings Private Limited | ₹369.32 Cr (FY 2025) | 27.0% | Bhilwara, Rajasthan, India | |||
| Nova Textiles Private Limited | ₹283.02 Cr (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Signet Denim Private Limitedthis company | ₹242.2 Cr (FY 2025) | ₹10.48 Cr | 4.3% | 20.0% | 46 | Bhilwara, Rajasthan, India |
| Partap Fabrics Private Limited | ₹236.54 Cr (FY 2025) | -10.0% | Ambala, Haryana, India | |||
| Etco Denim Private Limited | ₹218.86 Cr (FY 2019) | -30.0% | Mumbai, Maharashtra, India | |||
| Flu Jeans Private Limited | ₹203.88 Cr (FY 2025) | -2.0% | Delhi, India | |||
| Jeans Knit Private Limited | ₹193.25 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Signet Denim Private Limited, buy the company report.
Auditor
Signet Denim Private Limited is audited by PRIYA CHOUDHARY & ASSOCIATES LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRIYA CHOUDHARY & ASSOCIATES LLP | FY 2024 | 011506C |
Shareholding
The shareholding of Signet Denim Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Signet Denim Private Limited, buy the company report.
Charges & borrowings
Open charges
₹112.77 Cr
Satisfied charges
₹79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2022 | 100535940 | Hdfc Bank Limited | ₹112.77 Cr | Open | |
| 08 Dec 2016 | 100069502 | Others | ₹57 Cr | Satisfied | |
| 08 Dec 2016 | 100069515 | Others | ₹22 Cr | Satisfied |
To see the full charge records of Signet Denim Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Signet Denim Private Limited has 10 deals on record (10 secondary share transfers); the latest was in March 2021.
Total deals
10
Secondary share transfers
10
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Sant Kumar Mahesh Kumar Huf |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Sant Kumar Mohit Kumar Huf, Nitish Agarwal HUF, Madan Kumar Agarwal HUF, an individual |
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: Gourav Saraf HUF, 3 individuals Seller: Harmony Creation Private Limited , 3 individuals |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: Saket Parikh HUF, Sunfast Vintrade Private Limited , Sant Kumar Nand Kishore Huf Seller: Mohit Kumar Huf |
To see the full deal history of Signet Denim Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Signet Denim Private Limited has 3 court cases on record: 1 filed by Signet Denim, 2 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against String Felas Pvt. Ltd. and 2 others | Pending |
| District court, SURAT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
| District court, SURAT, Gujarat | Court case (DST LC) | Filed against the company by an individual | Disposed |
To see the full case history of Signet Denim 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
Signet Denim Private Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 63 overdue payments to 6 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Solitex Chem | |||
| an individual supplier | |||
| European Textile Chemical Corporation | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Signet Denim Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Signet Denim Private Limited has a workforce of 46 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
46
Active EPFO establishments
1
Employee growth
9.52%
GST
Signet Denim has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAVCS6543A1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Signet Denim Private Limited, buy the company report.
Recent activity
Signet Denim Private Limited has 7 board changes on record since 2016: 4 appointments and 3 cessations. The latest: Nitish Agarwal was appointed as Director on 01 Apr 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 112.77 Cr registered on 21 Jan 2022 with Charge ID 100535940 was modified on 10 Nov 2025.
AGM
Signet Denim Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Signet Denim Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge registered on 08 Dec 2016 via Charge ID 100069502 with Others was fully satisfied on 02 Jun 2022.
Charges
A charge registered on 08 Dec 2016 via Charge ID 100069515 with Others was fully satisfied on 02 Jun 2022.
Appointed
Nitish Agarwal was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 112.77 Cr with Charge ID 100535940 was registered on 21 Jan 2022.
Charges
A charge with Others of Rs. 22.00 Cr registered on 08 Dec 2016 with Charge ID 100069515 was modified on 17 Jun 2020.
Charges
A charge with Others amounted to Rs. 57.00 Cr with Charge ID 100069502 was registered on 08 Dec 2016.
Charges
A charge with Others amounted to Rs. 22.00 Cr with Charge ID 100069515 was registered on 08 Dec 2016.
Ceased
Mohit Kumar Bhimsaria ceased to be Whole-Time Director.
Appointed
Manoj Kumar Tulsyan was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Signet Denim is an active private limited company based in Bhilwara, Rajasthan, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 April 2015 (11+ years old) and is registered under CIN U17290RJ2015PTC047332.
Signet Denim has 4 current directors:
- Mahesh Kumar Bhimsariya - Director
- Lalit Kumar Ajitsaria - Director
- Manoj Kumar Tulsyan - Director
- Nitish Agarwal - Director
The latest financial statements of Signet Denim 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 FY 2016 are in the company report.
The GSTIN of Signet Denim is 24AAVCS6543A1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Signet Denim is U17290RJ2015PTC047332. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Signet Denim has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Signet Denim was incorporated on 08 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Jaipur.
Signet Denim has 10 deals on record (10 secondary share transfers); the latest was in March 2021.
The peers of Signet Denim by revenue are Shanti Spintex Limited, R & B Denims Limited, Super Gold Suitings Private Limited, Nova Textiles Private Limited, Partap Fabrics Private Limited and 3 more, all in the Apparel industry (Denim Wear), with the same principal business activity (textile, leather and other apparel products).
Nitish Agarwal was appointed as Director on 01 Apr 2022. Mohit Kumar Bhimsaria ceased to be Whole-Time Director on 15 Sep 2016. Manoj Kumar Tulsyan was appointed as Director on 27 Jun 2016. Signet Denim has 7 board changes on record in total.
Yes, Signet Denim is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0003752).
Signet Denim has 4 MSME Form 1 returns on record between 2019 and 2020, listing 63 overdue payments to 6 micro and small suppliers. The latest return was filed on 25 Oct 2020.
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