- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0012149

About Thavki Sarees Private Limited
Data last updated:
Thavki Sarees Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 23 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC064561. Its GSTIN is 24AADCT7961P1ZN (Gujarat).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50.63 Lakh. It is led by directors including Rakeshkumar Manjibhai Patel and Alpesh Ranchhodbhai Dhami.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 405 Laxmi Textile Park, Surat, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹16.14 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹91.07 Lakh (net margin 5.6%) and EBITDA of ₹4.35 Cr (EBITDA margin 26.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹28.83 Cr and satisfied charges of ₹14.74 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in February 2016.
Thavki Sarees Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0012149). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thavkisarees.com.
Company details
Recognitions & Rankings of Thavki Sarees
Contact details
Thavki Sarees Private Limited's registered office is in Surat, Gujarat. Its website is thavkisarees.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. E – 496 To E – 505 & F – 397 To F – 405 Laxmi Textile Park, Gate No. 4 Bh. Sachin GIDC, Surat, Gujarat, India – 394230
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Thavki Sarees 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 Thavki Sarees is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Thavki Sarees Private Limited, buy the company report.
Financials of Thavki Sarees Private Limited
FY 2026 filings availableThavki Sarees Private Limited reported revenue of ₹16.14 Cr (down 28% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 28% fall in the latest year. EBITDA fell 10% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹16.14 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹91.07 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.9% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Thavki Sarees Private Limited, buy the company report.
Board of directors of Thavki Sarees Private Limited
Thavki Sarees has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakeshkumar Manjibhai Patel Also directs: Chaturi Impex LLP, B. K. Silk Mills NX LLP | Director | 23 Mar 2011 | 15 Years 7 Months | Current |
| Alpesh Ranchhodbhai Dhami | Director | 23 Mar 2011 | 15 Years 7 Months | Current |
| Hitesh Bachubhai Gajera | Director | 04 May 2021 | 5 Years 6 Months | Current |
Auditor
Thavki Sarees Private Limited is audited by BALDI & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALDI & CO. | FY 2026 | 131472W |
Shareholding
The shareholding of Thavki Sarees Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thavki Sarees Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2025 | 101033742 | Sidbi | ₹1.08 Cr | Open | |
| 29 Oct 2020 | 100383947 | Hdfc Bank Limited | ₹27.75 Cr | Open | |
| 30 Sep 2019 | 100294876 | The South Indian Bank Limited | ₹4.75 Cr | Satisfied | |
| 25 Feb 2016 | 10626006 | The South Indian Bank Limited | ₹5.8 Cr | Satisfied | |
| 24 Feb 2012 | 10342374 | The South Indian Bank Limited | ₹4.19 Cr | Satisfied |
To see the full charge records of Thavki Sarees Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Thavki Sarees Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in February 2016.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Funding round | ₹50.7 Lakh | Investors: 3 individuals |
| Oct 2014 | Funding round | ₹73.8 Lakh | Investors: Alpesh R. Dhami (Huf), 3 individuals |
| Mar 2014 | Funding round | ₹1.2 Cr | Investors: 3 individuals |
| Mar 2012 | Funding round | ₹18.5 Lakh | Investors: Build Con Finance Limited , an individual |
| Dec 2011 | Funding round | ₹62.5 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Thavki Sarees Private Limited has 2 court cases on record: 1 filed by Thavki Sarees, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (TMSUIT) | Filed by the company against an individual | Pending |
| District court, SURAT, Gujarat | Court case (TMSUIT) | Filed against the company by an individual | Disposed |
To see the full case history of Thavki Sarees 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 Thavki Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Thavki Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT7961P1ZN | Gujarat | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Thavki Sarees Private Limited, buy the company report.
Recent activity
Thavki Sarees Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Hitesh Bachubhai Gajera was appointed as Director on 04 May 2021.
5 earlier events are in the company report.
Frequently asked questions
Thavki Sarees is an active private limited company based in Surat, Gujarat, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 23 March 2011 (15+ years old) and is registered under CIN U17120GJ2011PTC064561.
Thavki Sarees has 3 current directors:
- Rakeshkumar Manjibhai Patel - Director
- Alpesh Ranchhodbhai Dhami - Director
- Hitesh Bachubhai Gajera - Director
The latest financial statements of Thavki Sarees on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Thavki Sarees is 24AADCT7961P1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of Thavki Sarees is U17120GJ2011PTC064561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thavki Sarees has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Thavki Sarees was incorporated on 23 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Thavki Sarees has 5 deals on record (5 funding rounds), with disclosed funding of ₹3.25 Cr; the latest was in February 2016.
Hitesh Bachubhai Gajera was appointed as Director on 04 May 2021. Alpesh Ranchhodbhai Dhami was appointed as Director on 23 Mar 2011. Rakeshkumar Manjibhai Patel was appointed as Director on 23 Mar 2011.
Yes, Thavki Sarees is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0012149).

