MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0006430
Space Knitwears Pvt Ltd - fashion and textile in Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.82 Cr
▲ 16% YoY
Net profit · FY 2025
₹2.64 Cr
Net margin 4.4%
EBITDA · FY 2025
₹8.15 Cr
EBITDA margin 13.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹97.14 Lakh
Issued & subscribed
Open charges
₹22.6 Cr
Satisfied ₹21.44 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
113
Provident fund records
About Space Knitwears Pvt Ltd
Data last updated:
Space Knitwears Pvt Ltd is a private limited company based in Punjab, India. It operates in the winter and seasonal wear segment of the fashion and textiles sector. It was incorporated on 30 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17221PB1993PTC013771. Its GSTIN is 03AACCS1646K1ZH (Punjab).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹97.14 Lakh. It is led by directors including Neelam Jain and Anil Kumar.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2793 Cindustrial Area A Extn Ludhiana, Punjab, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.82 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.64 Cr (net margin 4.4%) and EBITDA of ₹8.15 Cr (EBITDA margin 13.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
The company has about 113 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Space Knitwears. As per MCA filings, the company has open charges of ₹22.6 Cr and satisfied charges of ₹21.44 Cr on record.
Space Knitwears Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0006430). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spaceknitwears.com.
Company Details of Space Knitwears Pvt Ltd
CIN U17221PB1993PTC013771
Registration Number 013771
Incorporation Date 30 September 1993
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0006430
Recognitions & Rankings of Space Knitwears
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address2793 Cindustrial Area A Extn Ludhiana, Punjab, India
- IndustryFashion and Textile, Winter & Seasonal Wear
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Associated Brands with Space Knitwears Pvt Ltd
Space Knitwears operates one associated brand: Space Knitwears. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A brand specializing in knitwear products, including sweaters, t-shirts, and hosiery for everyday wear. | spaceknitwears.com |
Business Activity of Space Knitwears Pvt Ltd
The main business activity of Space Knitwears is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Space Knitwears Pvt Ltd FY 2025 filings available
Space Knitwears Pvt Ltd reported revenue of ₹59.82 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹59.82 Cr ▲ 16%
Net profit · FY 2025
₹2.64 Cr margin 4.4%
EBITDA · FY 2025
₹8.15 Cr margin 13.6%
Compounded Annual Growth Rate (CAGR) of Space Knitwears Pvt Ltd
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 10%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 7%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 16% growth in the latest year. EBITDA fell 2% 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 Space Knitwears Pvt Ltd
| 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 | ₹8.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.64 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 of Space Knitwears Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Space Knitwears 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 Space Knitwears Pvt Ltd
Space Knitwears has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Jain | Director | 30 Sep 1993 | 33 Years 0 Months | Current |
| Anil Kumar | Director | 30 Sep 1993 | 33 Years 0 Months | Current |
| Ayush Jain | Director | 23 Jul 2010 | 16 Years 2 Months | Current |
Peer Comparison of Space Knitwears Pvt Ltd
Space Knitwears Pvt Ltd is compared with the companies closest to it by revenue in the Apparel industry (Inner 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 |
|---|---|---|---|---|---|---|
| Mas Prana India Private Limited | ₹77.33 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | Chengalpet, Tamil Nadu, India |
| KCJ Lingeries Private Limited | ₹70.41 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Jagannath Textile Company Limited | ₹65.04 Cr (FY 2024) | •••• | •••• | •••• | Coimbatore, Tamil Nadu, India | |
| Shree Balaji Hosiery Mills Private Limited | ₹60.38 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Geethalaya Apparels Private Limited | ₹60.03 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Tiruppur, Tamil Nadu, India |
| Space Knitwears Pvt Ltd this company | ₹59.82 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Punjab, India |
| Sogo Fashions Private Limited | ₹57.62 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Delhi, India |
| P T M Hosiery Pvt Ltd | ₹56.33 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Howrah, West Bengal, India |
| Milando Fashions Limited | ₹55.1 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Ludhiana, Punjab, India |
| Ritex Overseas Pvt Ltd | ₹52.59 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
| Lovable Lingerie Limited Listed | ₹52.41 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Space Knitwears by revenue in the Apparel industry (Inner 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 Space Knitwears Pvt Ltd
Space Knitwears Pvt Ltd is audited by MANCHAL JAIN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANCHAL JAIN & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Space Knitwears Pvt Ltd
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Space Knitwears Pvt Ltd
Open charges
₹22.6 Cr
Satisfied charges
₹21.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Apr 2016 | Hdfc Bank Limited | ₹22.6 Cr | Open |
| 10 Feb 2011 | Indian Overseas Bank | ₹14.53 Cr | Satisfied |
| 21 Aug 2010 | State Bank of India | ₹33 Lakh | Satisfied |
| 29 Mar 2008 | State Bank of India | ₹35 Lakh | Satisfied |
| 27 Apr 2007 | State Bank of India | ₹95 Lakh | Satisfied |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Space Knitwears Pvt Ltd
Space Knitwears Pvt Ltd has a workforce of 113 employees as of Apr 09, 2024.
Employee count
113
Active EPFO establishments
1
Employee growth
10.78%
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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 Space Knitwears Pvt Ltd
Space Knitwears Pvt Ltd has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Ram Murti ceased to be Director on 30 Apr 2022.
AGM
Space Knitwears Pvt Ltd last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Filing
Space Knitwears Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 22.60 Cr registered on 28 Apr 2016 with Charge ID 100039716 was modified on 03 Sep 2024.
Ceased
Ram Murti ceased to be Director.
Charges
A charge registered on 10 Feb 2011 via Charge ID 10276505 with Indian Overseas Bank was fully satisfied on 23 Jun 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 22.60 Cr with Charge ID 100039716 was registered on 28 Apr 2016.
Charges
A charge with Indian Overseas Bank of Rs. 14.53 Cr registered on 10 Feb 2011 with Charge ID 10276505 was modified on 14 Mar 2014.
Ceased
Bal Mukand Jain ceased to be Director.
Charges
A charge registered on 21 Aug 2010 via Charge ID 10237148 with State Bank Of India was fully satisfied on 01 Mar 2011.
Charges
A charge registered on 29 Mar 2008 via Charge ID 10096564 with State Bank Of India was fully satisfied on 01 Mar 2011.
Charges
A charge registered on 27 Apr 2007 via Charge ID 10051787 with State Bank Of India was fully satisfied on 01 Mar 2011.
Charges
A charge registered on 03 Aug 2005 via Charge ID 90174577 with State Bank Of India was fully satisfied on 01 Mar 2011.
33 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Space Knitwears Pvt Ltd
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MSME Payment Delays by Space Knitwears Pvt Ltd
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Subsidiaries & Group Companies of Space Knitwears Pvt Ltd
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Corporate group structure
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GST Compliance of Space Knitwears Pvt Ltd
Space Knitwears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AACCS1646K1ZH | Punjab | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Space Knitwears Pvt Ltd
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Frequently Asked Questions about Space Knitwears Pvt Ltd
Space Knitwears is an active private limited company based in Punjab, India. The company works in winter and seasonal wear, within the fashion and textile industry. It was incorporated on 30 September 1993 (33+ years old) and is registered under CIN U17221PB1993PTC013771.
Space Knitwears reported revenue of ₹59.82 Cr for FY 2025 (up 16% YoY).
Space Knitwears has 3 current directors:
- Neelam Jain - Director
- Anil Kumar - Director
- Ayush Jain - Director
Space Knitwears reported a net profit of ₹2.64 Cr (net margin 4.4%) and EBITDA of ₹8.15 Cr (EBITDA margin 13.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Space Knitwears is 10% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Space Knitwears is 03AACCS1646K1ZH, registered in Punjab.
The CIN (Corporate Identification Number) of Space Knitwears is U17221PB1993PTC013771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Space Knitwears was incorporated on 30 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Space Knitwears by revenue are Mas Prana India Private Limited, KCJ Lingeries Private Limited, Jagannath Textile Company Limited, Shree Balaji Hosiery Mills Private Limited, Geethalaya Apparels Private Limited and 5 more, all in the Apparel industry (Inner Wear).
Ram Murti ceased to be Director on 30 Apr 2022. Bal Mukand Jain ceased to be Director on 18 Aug 2011. Ayush Jain was appointed as Director on 23 Jul 2010. Space Knitwears has 5 board changes on record in total.
Yes, Space Knitwears is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0006430).