Square Weave Private Limited
About Square Weave Private Limited
Data last updated:
Square Weave Private Limited is a private limited company based in Sangli, Maharashtra, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17309PN2017PTC173446.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Snehal Chandrakant Nille and Hemlata Umesh Bajaj.
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 238/2 Mangalwar Peth Madhavnagar, Sangli, Maharashtra, India – 416406.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.49 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹3.86 Lakh (net margin -2.6%) and EBITDA of ₹32.68 Lakh (EBITDA margin 22%). Revenue has grown at a compounded annual rate (CAGR) of 71% over three years and 13% over five years.
As per MCA filings, the company has satisfied charges of ₹95.81 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address238/2 Mangalwar Peth Madhavnagar, Sangli, Maharashtra, India – 416406
- IndustryManufacturing, Textile & Fabric Production
- 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
- One PDF report, delivered after checkout
Business Activity of Square Weave Private Limited
The main business activity of Square Weave 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 |
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 Square Weave Private Limited FY 2025 filings available
Square Weave Private Limited reported revenue of ₹1.49 Cr (down 29% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Square Weave Private Limited
Revenue fell 29% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 44% 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 Square Weave Private Limited
| 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 | ₹32.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.86 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 Square Weave Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.6% | •••• | •••• | •••• | •••• |
| 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 Square Weave are in the company report.
Financial statements from FY 2018
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 Square Weave Private Limited
Square Weave Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarti Exim Private Limited | ₹1.49 Cr (FY 2024) | •••• | •••• | 145.0% | •••• | Delhi, India |
| Upcycle Art Private Limited | ₹1.49 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Beawar, Rajasthan, India |
| Siddhivinayak Fabrics Private Limited | ₹1.49 Cr (FY 2016) | •••• | •••• | -16.0% | •••• | Islampur, Maharashtra, India |
| Stretchknit Fabrics Private Limited | ₹1.49 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Tejas Hosiery Private Limited | ₹1.49 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Ahmedabad, Gujarat, India |
| Square Weave Private Limited this company | ₹1.49 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Sangli, Maharashtra, India |
| Krishna Ravi Textile Processors Pvt Ltd | ₹1.49 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Thane, Maharashtra, India |
| Niranjana Cotex Private Limited | ₹1.49 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Shirpur, Maharashtra, India |
| Krishkam Exports Private Limited | ₹1.48 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Haryana, India |
| Applecake Enterprises Private Limited | ₹1.48 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Tiruchengode, Tamil Nadu, India |
| Elasto Mills Private Limited | ₹1.48 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Square Weave by revenue in the Manufacturing industry (Textiles), 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 Square Weave Private Limited
Square Weave Private Limited is audited by S K A N & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K A N & 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 Square Weave Private Limited
Square Weave has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Snehal Chandrakant Nille | Director | 17 Nov 2017 | 8 Years 10 Months | Current |
| Hemlata Umesh Bajaj | Director | 17 Nov 2017 | 8 Years 10 Months | Current |
| Shriniwas Jaynarayan Bajaj Also directs: Ambai Alcohol Private Limited | Director | 17 Nov 2017 | 8 Years 10 Months | Current |
Ownership and Shareholding of Square Weave Private Limited
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 Square Weave Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2018 | Hdfc Bank Limited | ₹95.81 Lakh | Satisfied |
Total charge records: 1 View all charges
Legal Cases of Square Weave Private Limited
Square Weave Private Limited has 2 court cases on record: 2 filed by Square Weave. All cases are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against Teagans Enterprises Private Limited | Disposed |
| District court, Sangli, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Square Weave Private Limited
Employment history and EPFO contributions of people linked to Square Weave.
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 Square Weave Private Limited
Square Weave Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Hemlata Umesh Bajaj was appointed as Director on 17 Nov 2017.
Credit Ratings, Litigation & Regulatory Alerts for Square Weave Private Limited
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 Square Weave Private Limited
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 Square Weave Private Limited
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 Square Weave Private Limited
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 Square Weave Private Limited
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 Square Weave Private Limited
Square Weave is an active private limited company based in Sangli, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 November 2017 (9+ years old) and is registered under CIN U17309PN2017PTC173446.
Square Weave reported revenue of ₹1.49 Cr for FY 2024 (down 29% YoY).
Square Weave has 3 current directors:
- Snehal Chandrakant Nille - Director
- Hemlata Umesh Bajaj - Director
- Shriniwas Jaynarayan Bajaj - Director
Square Weave reported a net loss of ₹3.86 Lakh (net margin -2.6%) and EBITDA of ₹32.68 Lakh (EBITDA margin 22%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Square Weave is 71% over three years and 13% over five years. In the latest year (FY 2024) revenue fell 29%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Square Weave is U17309PN2017PTC173446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Square Weave has 2 court cases on record: 2 filed by the company.
Square Weave was incorporated on 17 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Square Weave by revenue are Aarti Exim Private Limited, Upcycle Art Private Limited, Siddhivinayak Fabrics Private Limited, Stretchknit Fabrics Private Limited, Tejas Hosiery Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Hemlata Umesh Bajaj was appointed as Director on 17 Nov 2017. Shriniwas Jaynarayan Bajaj was appointed as Director on 17 Nov 2017. Snehal Chandrakant Nille was appointed as Director on 17 Nov 2017.
Yes, Square Weave is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).