- #813 Omprakash Inani & family ₹3,800 Cr

Srinidhi Cottons Private Limited
About Srinidhi Cottons Private Limited
Data last updated:
Srinidhi Cottons Private Limited is a private limited company based in Raichur, Karnataka, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 07 March 2008 and has been in existence for over 18 years.
Its director Omprakash Inani and family are #813 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17100KA2008PTC045530. Its GSTIN is 29AALCS9836J1ZG (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹36 Lakh. It is led by directors including Brijgopal Innani and Om Prakash Inani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 10 / 80 Rajendra Gunj, Raichur, Karnataka, India – 584102.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.55 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹88.49 Lakh (net margin 0.8%) and EBITDA of ₹2.42 Cr (EBITDA margin 2.3%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 7% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹40 Cr and satisfied charges of ₹32.75 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Srinidhi Cottons
Contact details
Srinidhi Cottons Private Limited's registered office is in Raichur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10 / 80 Rajendra Gunj, Raichur, Karnataka, India – 584102
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Srinidhi Cottons Private Limited, buy the company report.
- 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
Financials of Srinidhi Cottons Private Limited
FY 2024 filings availableSrinidhi Cottons Private Limited reported revenue of ₹104.55 Cr (down 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 23% fall in the latest year. EBITDA rose 17% 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 |
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| EBITDA | ₹2.42 Cr | ||||
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| Net Profit (PAT) | ₹88.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 2.3% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Srinidhi Cottons Private Limited, buy the company report.
Board of directors of Srinidhi Cottons Private Limited
Srinidhi Cottons has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijgopal Innani Also directs: I-Nok Entertainment Private Limited, Mohini Infra Private Limited, Adiveer Financial Services LLP and 2 more | Director | 01 Apr 2015 | 11 Years 7 Months | Current |
| Om Prakash Inani Also directs: Inok Cottons Private Limited, Shilpa Medicare Limited, Jaijanaki Fabrics Private Limited and 2 more | Director | 07 Mar 2008 | 18 Years 7 Months | Current |
| Kamalkishore Innani Also directs: Inok Cottons Private Limited, I-Nok Entertainment Private Limited | Director | 07 Mar 2008 | 18 Years 7 Months | Current |
Auditor
Srinidhi Cottons Private Limited is audited by Bohara BhandariBung and Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bohara BhandariBung and Associates LLP | FY 2023 | 008127S |
Shareholding
The shareholding of Srinidhi Cottons 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 Srinidhi Cottons Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Sep 2018 | 100205495 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 11 Dec 2015 | 10618173 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 24 Dec 2010 | 10265558 | Ing Vysya Bank Limited | ₹14.75 Cr | Satisfied | |
| 25 Mar 2009 | 10157263 | The Laksmi Vilas Bank Limited | ₹6 Cr | Satisfied | |
| 17 Mar 2009 | 10155747 | State Bank of India | ₹9.5 Cr | Satisfied |
To see the full charge records of Srinidhi Cottons Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Srinidhi Cottons Private Limited has 6 court cases on record: 5 filed by Srinidhi Cottons, 1 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Appeal | Filed against the company by individuals | Pending |
| District court, RAICHUR, Karnataka | Criminal complaint | Filed by the company against M/S PNRS Textiles Unit | Pending |
| District court, RAICHUR, Karnataka | Civil suit | Filed by the company against M/S D.P.Textiles | Disposed |
| District court, RAICHUR, Karnataka | Court case (P.C.) | Filed by the company against M/S PNRS Textiles | Disposed |
| District court, RAICHUR, Karnataka | Civil suit | Filed by the company against National Bank for Agril. and Rural Development KRN. Regional Office and 3 others | Disposed |
To see the full case history of Srinidhi Cottons 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 Srinidhi Cottons Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Srinidhi Cottons Private Limited has a workforce of 18 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Srinidhi Cottons has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCS9836J1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Srinidhi Cottons Private Limited, buy the company report.
Recent activity
Srinidhi Cottons Private Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Brijgopal Innani was appointed as Director on 01 Apr 2015.
8 earlier events are in the company report.
Frequently asked questions
Srinidhi Cottons is an active private limited company based in Raichur, Karnataka, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 07 March 2008 (18+ years old) and is registered under CIN U17100KA2008PTC045530.
Srinidhi Cottons has 3 current directors:
- Brijgopal Innani - Director
- Om Prakash Inani - Director
- Kamalkishore Innani - Director
The latest financial statements of Srinidhi Cottons on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Srinidhi Cottons is 29AALCS9836J1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Srinidhi Cottons is U17100KA2008PTC045530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srinidhi Cottons has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Srinidhi Cottons was incorporated on 07 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Brijgopal Innani was appointed as Director on 01 Apr 2015. Natamal Innani ceased to be Director on 01 Apr 2015. Kamalkishore Innani was appointed as Director on 07 Mar 2008. Srinidhi Cottons has 5 board changes on record in total.
The registered office of Srinidhi Cottons is at 10 80 Rajendra Gunj, Raichur, Karnataka, India – 584102.
Srinidhi Cottons operates in the home and lifestyle industry, in the textile retail and distribution segment.

