About SRV Knittech Private Limited
Data last updated:
SRV Knittech Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 July 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U17114KA2001PTC029283. Its GSTIN is 29AAFCS4434A1ZL (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.61 Cr. It was formerly known as Srv Knitech Private Limited. It is led by directors including Akhil Khanna and Saniya Khanna.
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 No.68/1 Industrialsuburb Yeshwantpur Bangalore, Karnataka, India – 560022.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.04 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹31.93 Lakh (net margin 1%) and EBITDA of ₹3.18 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 17% over five years.
The company has about 182 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.61 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website srvknittech.com.
Company details
Contact details
SRV Knittech Private Limited's registered office is in Bangalore, Karnataka. Its website is srvknittech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.68/1 Industrialsuburb Yeshwantpur Bangalore, Karnataka, India – 560022
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of SRV Knittech 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
Business activity
The main business activity of SRV Knittech 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 SRV Knittech Private Limited, buy the company report.
Financials of SRV Knittech Private Limited
FY 2024 filings availableSRV Knittech Private Limited reported revenue of ₹32.04 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 13% growth in the latest year. EBITDA fell 4% 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 | ₹3.18 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹31.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SRV Knittech Private Limited, buy the company report.
Board of directors of SRV Knittech Private Limited
SRV Knittech has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Khanna Also directs: Bashi Aerospace Private Limited, Akiva Knitting Private Limited, Amritsar Swadeshi Textile Corporation Private Limited and 3 more | Director | 17 Jul 2001 | 25 Years 3 Months | Current |
| Saniya Khanna | Director | 10 Sep 2018 | 8 Years 1 Months | Current |
| Khanna Vanita | Director | 17 Jul 2001 | 25 Years 3 Months | Current |
| Riddhi Khanna | Director | 31 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
SRV Knittech Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), 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 |
|---|---|---|---|---|---|---|
| Ritspin Synthetics Limited | ₹32.11 Cr (FY 2024) | 7.0% | Dhar, Madhya Pradesh, India | |||
| Chanakya International Private Limited | ₹32.07 Cr (FY 2021) | -36.0% | Mumbai, Maharashtra, India | |||
| Satkar Synthetics Private Limited | ₹32.04 Cr (FY 2025) | 4.0% | Bhilwara, Rajasthan, India | |||
| SRV Knittech Private Limitedthis company | ₹32.04 Cr (FY 2025) | ₹31.93 Lakh | 1% | 13.0% | 182 | Bangalore, Karnataka, India |
| Annur Annamalaiar Spinning Mills Private Limited | ₹32.01 Cr (FY 2024) | -22.0% | Coimbatore, Tamil Nadu, India | |||
| Rohit Bal Designs Private Limited | ₹32.01 Cr (FY 2025) | 14.0% | New Delhi, Delhi, India | |||
| K3 Fabric Hub Private Limited | ₹32.01 Cr (FY 2025) | -4.0% | Surat, Gujarat, India | |||
| Shri Harikrishna Sizing Pvt Ltd | ₹32 Cr (FY 2025) | -6.0% | Surat, Gujarat, India |
To see the full peer comparison of SRV Knittech Private Limited, buy the company report.
Auditor
SRV Knittech Private Limited is audited by N C S Raghavan & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C S Raghavan & Co. | FY 2023 | 007335S |
Shareholding
The shareholding of SRV Knittech 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 SRV Knittech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2024 | 100937722 | Hdfc Bank Limited | ₹7.42 Lakh | Open | |
| 16 Dec 2023 | 100914131 | Hdfc Bank Limited | ₹15.97 Lakh | Open | |
| 30 Dec 2017 | 100157407 | Canara Bank | ₹16.5 Lakh | Open | |
| 14 Aug 2007 | 10062744 | Canara Bank | ₹50 Lakh | Open | |
| 21 Jun 2007 | 10060834 | Canara Bank | ₹40 Lakh | Open |
To see the full charge records of SRV Knittech Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
SRV Knittech Private Limited has 10 court cases on record: 7 filed by SRV Knittech, 3 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 2 | 2 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Ace Turtle Omni Private Limited | Pending |
| High Court of Karnataka | Appeal | Filed by the company against Bashi Aerospace Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against Bashi Aerospace Pvt. Ltd | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| High Court, TAMIL NADU | Appeal | Filed by the company against individuals | Pending |
To see the full case history of SRV Knittech 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.
Credit ratings & regulatory alerts
SRV Knittech Private Limited was last rated by Crisil on 12 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 12 Nov 2020 |
To see the full credit ratings and regulatory alerts of SRV Knittech Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SRV Knittech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
SRV Knittech has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
SRV Knittech Private Limited has a workforce of 182 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
SRV Knittech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS4434A1ZL | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SRV Knittech Private Limited, buy the company report.
Recent activity
SRV Knittech Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Saniya Khanna ceased to be Additional Director on 28 Sep 2018.
5 earlier events are in the company report.
Frequently asked questions
SRV Knittech is an active private limited company based in Bangalore, Karnataka, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 July 2001 (25+ years old) and is registered under CIN U17114KA2001PTC029283.
SRV Knittech has 4 current directors:
- Akhil Khanna - Director
- Saniya Khanna - Director
- Khanna Vanita - Director
- Riddhi Khanna - Director
The latest financial statements of SRV Knittech 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 SRV Knittech is 29AAFCS4434A1ZL, registered in Karnataka.
The CIN (Corporate Identification Number) of SRV Knittech is U17114KA2001PTC029283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SRV Knittech has 10 court cases on record: 7 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
SRV Knittech was incorporated on 17 July 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of SRV Knittech by revenue are Ritspin Synthetics Limited, Chanakya International Private Limited, Satkar Synthetics Private Limited, Annur Annamalaiar Spinning Mills Private Limited, Rohit Bal Designs Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Saniya Khanna ceased to be Additional Director on 28 Sep 2018. Saniya Khanna was appointed as Director on 10 Sep 2018. Riddhi Khanna ceased to be Additional Director on 30 Sep 2015. SRV Knittech has 7 board changes on record in total.
SRV Knittech can be reached through the website srvknittech.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of SRV Knittech is at No.681 Industrialsuburb Yeshwantpur Bangalore, Karnataka, India – 560022.
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