About Threadbucket Studio LLP
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Threadbucket Studio LLP is a limited liability partnership (LLP) based in Surat City, Gujarat, India, recognised as a startup by DPIIT. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 28 April 2015 and has been in existence for over 11 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAD-8429. Its GSTIN is 24AAKFT0982E1Z6 (Gujarat). The LLP holds 9 GST registrations, of which 8 are active.
The LLP has a total obligation of contribution of ₹50,000. It is led by designated partners Vinay Kanodia and Sourabh Subhash Kanodia.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Surat City, Gujarat.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹93.46 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.31 Cr (net margin 2.5%) and EBITDA of ₹6.22 Cr (EBITDA margin 6.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 47% over five years.
The LLP has about 25 employees on its provident fund (EPFO) records.
The LLP is associated with 2 brands: Janasya and Threadbucket Studio. As per MCA filings, the LLP has open charges of ₹25.02 Cr and satisfied charges of ₹25 Cr on record. Court records list 4 cases involving the LLP, including 4 filed against it; 3 cases are pending.
For more details, the LLP can be reached via its website threadbucketstudio.com.
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- Registered AddressPlot No. A/15/5 Paiki A, Road No.8 B/H Jay Metal, Surat City, Gujarat, India – 394210
- IndustryFashion and Textile, Designer & Branded Fashion
- 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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Financials of Threadbucket Studio LLP FY 2025 filings available
Threadbucket Studio LLP reported revenue of ₹93.46 Cr (up 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Threadbucket Studio LLP
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 3% growth in the latest year. EBITDA rose 204% 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 Threadbucket Studio LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | •••• | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹2.31 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Threadbucket Studio LLP
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Threadbucket Studio are in the company report.
Financial statements from FY 2016
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.
Designated Partners of Threadbucket Studio LLP
Threadbucket Studio has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Kanodia Also directs: Qlay Creations LLP, Printweave LLP | Designated Partner | 28 Apr 2015 | 11 Years 5 Months | Current |
| Sourabh Subhash Kanodia Also directs: Qlay Creations LLP | Designated Partner | 15 Jun 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Threadbucket Studio LLP
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 Threadbucket Studio LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2019 | Hdfc Bank Limited | ₹25.02 Cr | Open |
| 30 Jun 2023 | Icici Bank Limited | ₹25 Cr | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Threadbucket Studio LLP
Threadbucket Studio LLP has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (RECO33C2-LC) | Filed against the company by an individual | Pending |
| District court, Jaipur District, Rajasthan | Criminal case | Filed against the company by State of Rajasthan | Disposed |
Full case history
All 4 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.
Associated Brands with Threadbucket Studio LLP
Threadbucket Studio operates two associated brands: Janasya and Threadbucket Studio. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a direct-to-consumer brand offering ethnic wear for women. | janasya.com | |
| Apparel manufacturing, wholesale services, and global shipping in the fashion industry. | threadbucketstudio.com |
Competitors & Alternatives of Threadbucket Studio LLP
Brands and companies operating in the same space as Threadbucket Studio LLP include Fashor, Dressfolk, House of Chikankari and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Fashor | Ethnic wear for women is offered via an internet-first brand. | Chennai, India | 2017 |
 Dressfolk | Handcrafted ethnic wear for women is offered online by Dressfolk. | Delhi, India | 2015 |
 House of Chikankari | Hand-embroidered Chikankari apparel for men and women is provided. | Delhi, India | 2020 |
 Suta | Online platform selling traditional Indian apparel and accessories. | Mumbai, India | 2016 |
 trueBrowns | Women's apparel is offered through an internet-first brand. | Gurugram, India | 2016 |
 Tjori | Ethnic fashion products are retailed online from curated artisan sources. | Delhi, India | 2011 |
 Isadora Life | Ethnic wear for women is offered via an internet-first brand. | Raipur, India | 2019 |
 Shree | Online ethnic wear apparel for women is offered by Shree. | Delhi, India | 2009 |
 Shobitam | Ethnic wear for women is offered online by Shobitam. | Sammamish, United States | 2019 |
Employees and EPFO Compliance at Threadbucket Studio LLP
Threadbucket Studio LLP has a workforce of 35 employees as of Apr 02, 2024.
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 Threadbucket Studio LLP
Credit Ratings, Litigation & Regulatory Alerts for Threadbucket Studio LLP
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 Threadbucket Studio LLP
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 Threadbucket Studio LLP
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 Threadbucket Studio LLP
Threadbucket Studio has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKFT0982E1Z6 | Gujarat | Active | 01 Jul 2017 |
| 06AAKFT0982E1Z4 | Haryana | Active | 25 Aug 2017 |
| 27AAKFT0982E1Z0 | Maharashtra | Active | 07 Dec 2018 |
| 29AAKFT0982E1ZW | Karnataka | Active | 02 Mar 2019 |
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 Threadbucket Studio LLP
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 Threadbucket Studio LLP
Threadbucket Studio is an active limited liability partnership based in Surat City, Gujarat, India. The LLP works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 28 April 2015 (11+ years old) and is registered under LLPIN AAD-8429.
Threadbucket Studio reported revenue of ₹93.46 Cr for FY 2023 (up 3% YoY).
Threadbucket Studio has 2 current designated partners:
- Vinay Kanodia - Designated Partner
- Sourabh Subhash Kanodia - Designated Partner
Threadbucket Studio reported a net profit of ₹2.31 Cr (net margin 2.5%) and EBITDA of ₹6.22 Cr (EBITDA margin 6.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Threadbucket Studio is 30% over three years and 47% over five years. In the latest year (FY 2023) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Threadbucket Studio is 24AAKFT0982E1Z6, registered in Gujarat. The LLP has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 06AAKFT0982E1Z4 (Haryana), 27AAKFT0982E1Z0 (Maharashtra), 29AAKFT0982E1ZW (Karnataka).
The LLPIN (Limited Liability Partnership Identification Number) of Threadbucket Studio is AAD-8429. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Threadbucket Studio has 4 court cases on record: 4 filed against it. 3 are pending.
Threadbucket Studio was incorporated on 28 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.