- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0060010

About Varshney Alok Suit Private Limited
Data last updated:
Varshney Alok Suit 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 06 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17100GJ2017PTC096711. Its GSTIN is 24AAFCV8600H1ZE (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Avdhesh Varshney and Alok Varshney.
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 Fl No A 6031 6Fl Radha Krishna Logistic Park Saroli, Surat, Gujarat, India – 395010.
As per the financials filed for FY 2025, the company reported a revenue of ₹89.24 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹90.2 Lakh (net margin 1%) and EBITDA of ₹3.31 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company is associated with 1 brand: Alok Suits. As per MCA filings, the company has open charges of ₹16.83 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
Varshney Alok Suit Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0060010). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aloksuit.in.
Company details
Recognitions & Rankings of Varshney Alok Suit
Contact details
Varshney Alok Suit Private Limited's registered office is in Surat, Gujarat. Its website is aloksuit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFl No A 6031 6Fl Radha Krishna Logistic Park Saroli, Surat, Gujarat, India – 395010
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of Varshney Alok Suit 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
Brands
Varshney Alok Suit operates one associated brand: Alok Suits. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ethnic wear production and sales in India. | aloksuit.in |
Business activity
The main business activity of Varshney Alok Suit is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Varshney Alok Suit Private Limited, buy the company report.
Financials of Varshney Alok Suit Private Limited
FY 2025 filings availableVarshney Alok Suit Private Limited reported revenue of ₹89.24 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 12% growth in the latest year. EBITDA fell 19% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹3.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹90.2 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1% | ||||
| 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 Varshney Alok Suit Private Limited, buy the company report.
Board of directors of Varshney Alok Suit Private Limited
Varshney Alok Suit has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avdhesh Varshney | Director | 06 Apr 2017 | 9 Years 7 Months | Current |
| Alok Varshney Also directs: Spectrum Digi Tex LLP | Director | 06 Apr 2017 | 9 Years 7 Months | Current |
| Nitin Varshney Also directs: Spectrum Digi Tex LLP | Director | 06 Apr 2017 | 9 Years 7 Months | Current |
Peer comparison
Varshney Alok Suit Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Ethnic Wear), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bansiwala Fabrics Private Limited | ₹102.68 Cr (FY 2025) | 7.0% | Ahmedabad, Gujarat, India | |||
| Varshney Alok Suit Private Limitedthis company | ₹89.24 Cr (FY 2025) | ₹90.2 Lakh | 1% | 12.0% | Surat, Gujarat, India | |
| Jyoti Processors Pvt Ltd | ₹85.62 Cr (FY 2025) | 11.0% | Ahmedabad, Gujarat, India | |||
| VPS Silk Fabrics Private Limited | ₹83.55 Cr (FY 2025) | -15.0% | Salem, Tamil Nadu, India |
To see the full peer comparison of Varshney Alok Suit Private Limited, buy the company report.
Auditor
Varshney Alok Suit Private Limited is audited by S. SONI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. SONI & CO | FY 2022 | 132090W |
Shareholding
The shareholding of Varshney Alok Suit Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varshney Alok Suit Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2023 | 100695407 | Others | ₹3 Cr | Open | |
| 14 Mar 2023 | 100692851 | Others | ₹83 Lakh | Open | |
| 30 May 2019 | 100270021 | Others | ₹95 Lakh | Open | |
| 30 Oct 2018 | 100238351 | Others | ₹12.05 Cr | Open |
To see the full charge records of Varshney Alok Suit Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Varshney Alok Suit Private Limited has 2 court cases on record: 2 filed by Varshney Alok Suit. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (CR RA) | Filed by the company against Mohmmad Nafiz Prop of Guddu and Co | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against Mohammad Nafeez Prop.Of Guddu and Company | Disposed |
To see the full case history of Varshney Alok Suit 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 Varshney Alok Suit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varshney Alok Suit has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCV8600H1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Varshney Alok Suit Private Limited, buy the company report.
Recent activity
Varshney Alok Suit Private Limited has 9 board changes on record since 2017: 6 appointments and 3 cessations. The latest: Esha Alok Varshnay ceased to be Director on 25 Jul 2022.
6 earlier events are in the company report.
Frequently asked questions
Varshney Alok Suit 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 06 April 2017 (9+ years old) and is registered under CIN U17100GJ2017PTC096711.
Varshney Alok Suit has 3 current directors:
- Avdhesh Varshney - Director
- Alok Varshney - Director
- Nitin Varshney - Director
The latest financial statements of Varshney Alok Suit 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 2018 are in the company report.
The GSTIN of Varshney Alok Suit is 24AAFCV8600H1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Varshney Alok Suit is U17100GJ2017PTC096711. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varshney Alok Suit has 2 court cases on record: 2 filed by the company. 1 is pending.
Varshney Alok Suit was incorporated on 06 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varshney Alok Suit by revenue are Bansiwala Fabrics Private Limited, Jyoti Processors Pvt Ltd, VPS Silk Fabrics Private Limited, all in the Apparel industry (Ethnic Wear), with the same principal business activity (wholesale trading).
Esha Alok Varshnay ceased to be Director on 25 Jul 2022. Kiran Varshney ceased to be Director on 25 Jul 2022. Shalini Varshney ceased to be Director on 25 Jul 2022. Varshney Alok Suit has 9 board changes on record in total.
Yes, Varshney Alok Suit is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0060010).
Varshney Alok Suit can be reached through the website aloksuit.in. Its registered office is in Surat, Gujarat, India.

