About Trigger Apparels Limited
Data last updated:
Trigger Apparels Limited is a public limited company based in Mettupalayam, Tamil Nadu, India, a subsidiary of K G Denim Limited. It operates in the casual and branded wear segment of the fashion and textiles sector. It was incorporated on 30 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U18101TZ1999PLC008956. Its GSTIN is 09AACCT1080A1ZT (Uttar Pradesh). The company holds 17 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6 Cr. It was formerly known as Trigger Apparels Private Limited. It is led by directors including Sriramulu Pranav Sriraman and Govindaswamynaidu Balakrishnan.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mettupalayam, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.01 Cr, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹46.54 Lakh (net margin -2.7%) and EBITDA of ₹1.18 Cr (EBITDA margin 7%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 16% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Trigger Jeans and Trigger Apparel. As per MCA filings, the company has open charges of ₹10.44 Cr on record. Court records list 20 cases involving the company, including 13 filed by the company and 5 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 trigger.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSf No. 12/1 2 3 Then Thirumalai, Sirumugai, Mettupalayam, Tamil Nadu, India – 641302
- IndustryFashion and Textile, Casual & Branded Wear
- 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
- One PDF report, delivered after checkout
Business Activity of Trigger Apparels Limited
The main business activity of Trigger Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Trigger Apparels Limited FY 2024 filings available
Trigger Apparels Limited reported revenue of ₹17.01 Cr (down 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Trigger Apparels Limited
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 64% fall in the latest year. EBITDA rose 7% 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 Trigger Apparels Limited
| 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 | ₹1.18 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹46.54 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 of Trigger Apparels Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Trigger Apparels are in the company report.
Financial statements from 2015
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.
Peer Comparison of Trigger Apparels Limited
Trigger Apparels Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NM Sports Fashion Concepts Private Limited | ₹17.26 Cr (FY 2025) | •••• | •••• | 336.0% | •••• | Gurgaon, Haryana, India |
| Cosmic Export Solutions (India) Private Limited | ₹17.11 Cr (FY 2016) | •••• | •••• | 755.0% | •••• | Navi Mumbai, Maharashtra, India |
| Roop Mohini Suits & Sarees Private Limited | ₹17.11 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Sree Deepti Ventures Limited | ₹17.05 Cr (FY 2018) | •••• | •••• | 24.0% | •••• | Chennai, Tamil Nadu, India |
| Snipes Clothing Private Limited | ₹17.01 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Chennai, Tamil Nadu, India |
| Trigger Apparels Limited this company | ₹17.01 Cr (FY 2024) | •••• | •••• | -64.0% | •••• | Mettupalayam, Tamil Nadu, India |
| Omshri Saree Creations Private Limited | ₹17 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Agra, Uttar Pradesh, India |
| Toggle Fashion Private Limited | ₹16.96 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Wist MRG Merchandising Private Limited | ₹16.95 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Mumbai, Maharashtra, India |
| Rathi Fashions Private Limited | ₹16.88 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Kolkata, West Bengal, India |
| Shree Anjani Sarees Private Limited | ₹16.82 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Trigger Apparels by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Trigger Apparels Limited
Trigger Apparels Limited is audited by GOPALAIYER for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GOPALAIYER | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Trigger Apparels Limited
Trigger Apparels has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriramulu Pranav Sriraman Also directs: Crocodile India Private Limited, KGB Education Foundation, Enterprise Telesys Limited and 2 more | Director | 26 Sep 2017 | 9 Years 0 Months | Current |
| Govindaswamynaidu Balakrishnan | Director | 30 Jul 1999 | 27 Years 2 Months | Current |
| Ayyalusamy Velusamy | Director | 27 Oct 2005 | 20 Years 11 Months | Current |
| Sitaraman Kalyanasundaram | Director | 29 Nov 2023 | 2 Years 10 Months | Current |
| Vijayakumar Sundaram Also directs: Monarch Machine Tools Private Limited | Director | 29 Nov 2023 | 2 Years 10 Months | Current |
Ownership and Shareholding of Trigger Apparels Limited
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 Trigger Apparels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2006 | Indian Overseas Bank | ₹10.44 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Trigger Apparels Limited
Trigger Apparels Limited has 20 court cases on record: 13 filed by Trigger Apparels, 5 filed against it, 2 where it is another party. 3 cases are pending and 17 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 4 | 1 |
| High courts | 7 | 1 | 2 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by Sitaram Spinners Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed against the company by Sitaram Spinners Private Limited | Disposed |
| High Court for State of Telangana | Court case (CRLP) | Filed by the company against State of Telangana | Pending |
| Calcutta High Court | Court case (CRA (SB)) | Filed by the company against Khanna Textiles | Pending |
| Patna High Court | Court case (CWJC) | Filed by the company against State of Bihar | Disposed |
Full case history
All 20 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 Trigger Apparels Limited
Trigger Apparels operates two associated brands: Trigger Jeans and Trigger Apparel. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a direct-to-consumer brand specializing in denim and casual wear for men. | triggerjeans.com | |
| Value jeans, formal and casual menswear brand. | trigger.in |
Employees and EPFO Compliance at Trigger Apparels Limited
Trigger Apparels Limited has a workforce of 6 employees as of Apr 09, 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 Trigger Apparels Limited
Trigger Apparels Limited has 19 board changes on record since 1999: 12 appointments and 7 cessations. The latest: Morur Elayappan Vadivel Selvamm ceased to be Additional Director on 27 May 2024.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Trigger Apparels Limited
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 Trigger Apparels Limited
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
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Subsidiaries & Group Companies of Trigger Apparels Limited
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 Trigger Apparels Limited
Trigger Apparels has 17 GST registrations: 11 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCT1080A1ZT | Uttar Pradesh | Active | 01 Jul 2017 |
| 10AACCT1080A2Z9 | Bihar | Active | 01 Jul 2017 |
| 21AACCT1080A1Z7 | Odisha | Active | 01 Jul 2017 |
| 27AACCT1080A1ZV | Maharashtra | Active | 01 Jul 2017 |
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 Trigger Apparels Limited
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 Trigger Apparels Limited
Trigger Apparels is an active public limited company based in Mettupalayam, Tamil Nadu, India. The company works in casual and branded wear, within the fashion and textile industry. It was incorporated on 30 July 1999 (27+ years old) and is registered under CIN U18101TZ1999PLC008956.
Trigger Apparels reported revenue of ₹17.01 Cr for FY 2024 (down 64% YoY).
Trigger Apparels has 5 current directors:
- Sriramulu Pranav Sriraman - Director
- Govindaswamynaidu Balakrishnan - Director
- Ayyalusamy Velusamy - Director
- Sitaraman Kalyanasundaram - Director
- Vijayakumar Sundaram - Director
Trigger Apparels reported a net loss of ₹46.54 Lakh (net margin -2.7%) and EBITDA of ₹1.18 Cr (EBITDA margin 7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Trigger Apparels is -19% over three years and -16% over five years. In the latest year (FY 2024) revenue fell 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Trigger Apparels is 09AACCT1080A1ZT, registered in Uttar Pradesh. The company has 17 GST registrations in all, of which 11 are active and 6 are cancelled or inactive. Other active GSTINs include 10AACCT1080A2Z9 (Bihar), 21AACCT1080A1Z7 (Odisha), 27AACCT1080A1ZV (Maharashtra).
The CIN (Corporate Identification Number) of Trigger Apparels is U18101TZ1999PLC008956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trigger Apparels has 20 court cases on record: 13 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Trigger Apparels was incorporated on 30 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Trigger Apparels by revenue are NM Sports Fashion Concepts Private Limited, Cosmic Export Solutions (India) Private Limited, Roop Mohini Suits & Sarees Private Limited, Sree Deepti Ventures Limited, Snipes Clothing Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Morur Elayappan Vadivel Selvamm ceased to be Additional Director on 27 May 2024. Sivagaminathan Manickam ceased to be Director on 27 May 2024. Sitaraman Kalyanasundaram was appointed as Director on 29 Nov 2023. Trigger Apparels has 19 board changes on record in total.