V S Garments Private Limited
About V S Garments Private Limited
Data last updated:
V S Garments Private Limited was a private limited company based in Sirsa, Haryana, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 29 November 2005.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U18101HR2005PTC068124.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nitin Singla and Neetu Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at 5Cc Iind Additional Mandi, Sirsa, Haryana, India – 125055.
As per the financials filed for FY 2022, the company reported a revenue of ₹44.93 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹43.82 Lakh (net margin 97.5%) and EBITDA of ₹43.85 Lakh (EBITDA margin 97.6%).
As per MCA filings, the company has satisfied charges of ₹1.37 Cr on record.
Company details
CIN history
V S Garments has one previous CIN (Corporate Identification Number): U18101DL2005PTC143084. The current CIN is U18101HR2005PTC068124, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101HR2005PTC068124 | Current |
| U18101DL2005PTC143084 | Previous |
Contact details
V S Garments Private Limited's registered office is in Sirsa, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5Cc Iind Additional Mandi, Sirsa, Haryana, India – 125055
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of V S Garments 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
Financials of V S Garments Private Limited
FY 2022 filings availableV S Garments Private Limited reported revenue of ₹44.93 Lakh (up 15393% YoY) for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹44.93 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.82 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 97.6% | ||||
| Net Profit Margin | 97.5% | ||||
| 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 V S Garments Private Limited, buy the company report.
Board of directors of V S Garments Private Limited
V S Garments has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Singla Also directs: Taxnician Services LLP | Director | 04 Oct 2012 | 14 Years 1 Months | As last reported |
| Neetu Jain | Director | 02 Mar 2010 | 16 Years 8 Months | As last reported |
Peer comparison
V S Garments Private Limited is compared with the 10 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vizag Apparel Park for Export | ₹45.47 Lakh (FY 2016) | 22.0% | Hyderabad, Telangana, India | |||
| Nouveau Lifestyle Private Limited | ₹45.29 Lakh (FY 2025) | -14.0% | New Delhi, Delhi, India | |||
| Himland Trade Monitors Private Limited | ₹45.17 Lakh (FY 2025) | -87.0% | Mumbai, Maharashtra, India | |||
| Basic Fashion Retail Private Limited | ₹45.02 Lakh (FY 2025) | 42.0% | New Delhi, Delhi, India | |||
| Soni Suitings and Shirtings Private Limited | ₹44.99 Lakh (FY 2023) | 18.0% | Boisar, Maharashtra, India | |||
| V S Garments Private Limitedthis company | ₹44.93 Lakh (FY 2022) | ₹43.82 Lakh | 97.5% | 15393.0% | Sirsa, Haryana, India | |
| Sonu Sarees Private Limited | ₹44.7 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Manvi Exports Private Limited | ₹44.52 Lakh (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Teeguruji Brands Private Limited | ₹44.52 Lakh (FY 2023) | 4.0% | Ghatal, West Bengal, India | |||
| Starlite Fashions Private Limited | ₹44.37 Lakh (FY 2025) | -36.0% | Hyderabad, Telangana, India | |||
| PR Gartex Private Limited | ₹44.13 Lakh (FY 2025) | -38.0% | New Delhi, Delhi, India |
To see the full peer comparison of V S Garments Private Limited, buy the company report.
Auditor
V S Garments Private Limited is audited by N DHAWAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N DHAWAN & CO | FY 2019 | 007095N |
Shareholding
The shareholding of V S Garments Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of V S Garments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2013 | 10462066 | Others | ₹1.37 Cr | Satisfied |
To see the full charge records of V S Garments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving V S Garments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for V S Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for V S Garments Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
V S Garments Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Nitin Singla was appointed as Director on 04 Oct 2012.
Frequently asked questions
V S Garments has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
V S Garments was a private limited company based in Sirsa, Haryana, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 29 November 2005 and is registered under CIN U18101HR2005PTC068124. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of V S Garments is U18101HR2005PTC068124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
V S Garments had 2 directors:
- Nitin Singla - Director
- Neetu Jain - Director
V S Garments was incorporated on 29 November 2005. It is registered with the Registrar of Companies, Delhi.
The registered office of V S Garments is at 5Cc Iind Additional Mandi, Sirsa, Haryana, India – 125055.
The latest financial statements of V S Garments on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
V S Garments operated in the fashion and textile industry, in the fashion retail segment.
The peers of V S Garments by revenue are Vizag Apparel Park for Export, Nouveau Lifestyle Private Limited, Himland Trade Monitors Private Limited, Basic Fashion Retail Private Limited, Soni Suitings and Shirtings Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Nitin Singla was appointed as Director on 04 Oct 2012. Virendra Singh Bhakuni ceased to be Director on 04 Oct 2012. Neetu Jain was appointed as Director on 02 Mar 2010. V S Garments has 4 board changes on record in total.
V S Garments has no open charges and satisfied charges of ₹1.37 Cr as per latest MCA filings.
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