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Startup India
Swargaam Fab Private Limited
Swargaam Fab Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.16 Cr
▼ 29% YoY
Net loss · FY 2024
₹30.65 Lakh
Net margin -7.4%
EBITDA · FY 2024
₹39.96 Lakh
EBITDA margin 9.6%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹1.65 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Swargaam Fab Private Limited
Data last updated:
Swargaam Fab Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17299GJ2019PTC110945. Its GSTIN is 24ABCCS9568D1Z5 (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was formerly known as Swargam Fab Private Limited. It is led by directors including Avneep Arun Kumar Garg (Whole-Time Director) and Tushar Tarun Garg (Whole-Time Director).
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 3rd Floor Flat No A/302 Fp – 109 Nav Mangalam Complex City Light Road, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.16 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹30.65 Lakh (net margin -7.4%) and EBITDA of ₹39.96 Lakh (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 980% over three years.
As per MCA filings, the company has open charges of ₹1.65 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Swargaam Fab Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0009194).
Company details
CIN U17299GJ2019PTC110945
Registration Number 110945
Incorporation Date 21 November 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0009194
Key People
Avneep Arun Kumar Garg Whole-Time Director Tushar Tarun Garg Whole-Time Director Arun Kumar Garg Director Recognitions & Rankings of Swargaam Fab
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0009194
Contact details
Swargaam Fab Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Flat No A/302 Fp – 109 Nav Mangalam Complex City Light Road, Surat, Gujarat, India – 395001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Swargaam Fab Private Limited, buy the company report.
Comprehensive company report
Swargaam Fab 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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Business activity
The main business activity of Swargaam Fab 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 Swargaam Fab Private Limited, buy the company report.
Financials of Swargaam Fab Private Limited
FY 2025 filings availableSwargaam Fab Private Limited reported revenue of ₹4.16 Cr (down 29% YoY) for FY 2024.
Revenue · FY 2024
₹4.16 Cr ▼ 29%
Net loss · FY 2024
₹30.65 Lakh margin -7.4%
EBITDA · FY 2024
₹39.96 Lakh margin 9.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 980%
EBITDA CAGR growth
1 year
▲ 295%
3 years · compounded
▲ 101%
Revenue fell 29% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 980%. EBITDA rose 295% 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 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 | ₹39.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.65 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | -7.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Swargaam Fab Private Limited, buy the company report.
Board of directors of Swargaam Fab Private Limited
Swargaam Fab has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avneep Arun Kumar Garg Also directs: Brahmakala Creators Private Limited | Whole-Time Director | 21 Nov 2019 | 6 Years 11 Months | Current |
| Tushar Tarun Garg | Whole-Time Director | 21 Nov 2019 | 6 Years 11 Months | Current |
| Arun Kumar Garg | Director | 21 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Swargaam Fab Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Silkina Apparel Manufacturing Company Private Limited | ₹4.17 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Pepi Fabrics Private Limited | ₹4.17 Cr (FY 2025) | -31.0% | Mumbai, Maharashtra, India | |||
| DC Polyfab Private Limited | ₹4.16 Cr (FY 2025) | 55.0% | Surat, Gujarat, India | |||
| Murthal Engineers Private Limited | ₹4.16 Cr (FY 2025) | 22.0% | Delhi, India | |||
| Swargaam Fab Private Limitedthis company | ₹4.16 Cr (FY 2024) | -₹30.65 Lakh | -7.4% | -29.0% | Surat, Gujarat, India | |
| Chanralok Polyster Private Limited | ₹4.16 Cr (FY 2025) | -62.0% | Mumbai, Maharashtra, India | |||
| Greenwear Fashion Private Limited | ₹4.15 Cr (FY 2025) | -31.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Swargaam Fab Private Limited, buy the company report.
Auditor
Swargaam Fab Private Limited is audited by S. C. BAFNA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. C. BAFNA & CO. | FY 2023 | 100844W |
Shareholding
The shareholding of Swargaam Fab Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Swargaam Fab Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.65 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2021 | 100400797 | Others | ₹1.65 Cr | Open |
To see the full charge records of Swargaam Fab Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Swargaam Fab Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Nareshbhai Janardhanbhai Pandya Prop of Vyas and Company | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S Textile Chemical Industries Throuth Its Repre. Kartikey Sandeep Sharma | Pending |
| District court, SURAT, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
To see the full case history of Swargaam Fab 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
Swargaam Fab Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 100 overdue payments to 43 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 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ambe Enterprise | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Swargaam Fab Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Swargaam Fab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABCCS9568D1Z5 | Gujarat | Active | 25 Dec 2019 |
To see the full GST registrations and return filing status of Swargaam Fab Private Limited, buy the company report.
Recent activity
Swargaam Fab Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Arun Kumar Garg was appointed as Director on 21 Nov 2019.
AGM
Swargaam Fab Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Swargaam Fab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 164.86 Lakh registered on 01 Jan 2021 with Charge ID 100400797 was modified on 05 Jan 2023.
Charges
A charge with Others amounted to Rs. 164.86 Lakh with Charge ID 100400797 was registered on 01 Jan 2021.
Appointed
Arun Kumar Garg was appointed as Director.
Appointed
Avneep Arun Kumar Garg was appointed as Whole-Time Director.
Appointed
Tushar Tarun Garg was appointed as Whole-Time Director.
Incorporation
21 Nov 2019
Swargaam Fab Private Limited was registered on 21 Nov 2019 with Roc Ahmedabad & aged 6 years 11 months as per MCA records.
Frequently asked questions
Swargaam Fab is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 21 November 2019 (7+ years old) and is registered under CIN U17299GJ2019PTC110945.
Swargaam Fab has 3 current directors:
- Avneep Arun Kumar Garg - Whole-Time Director
- Tushar Tarun Garg - Whole-Time Director
- Arun Kumar Garg - Director
The latest financial statements of Swargaam Fab 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 2020 are in the company report.
The GSTIN of Swargaam Fab is 24ABCCS9568D1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Swargaam Fab is U17299GJ2019PTC110945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swargaam Fab has 3 court cases on record: 3 filed against it. 2 are pending.
Swargaam Fab was incorporated on 21 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Swargaam Fab by revenue are Silkina Apparel Manufacturing Company Private Limited, Pepi Fabrics Private Limited, DC Polyfab Private Limited, Murthal Engineers Private Limited, Chanralok Polyster Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Arun Kumar Garg was appointed as Director on 21 Nov 2019. Avneep Arun Kumar Garg was appointed as Whole-Time Director on 21 Nov 2019. Tushar Tarun Garg was appointed as Whole-Time Director on 21 Nov 2019.
Yes, Swargaam Fab is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Swargaam Fab is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0009194).
Swargaam Fab has 4 MSME Form 1 returns on record between 2022 and 2023, listing 100 overdue payments to 43 micro and small suppliers. The latest return was filed on 28 Aug 2023.
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