Vibrant Fab Private Limited
About Vibrant Fab Private Limited
Data last updated:
Vibrant Fab Private Limited is a private limited company based in Surat, Gujarat, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 29 August 2011.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2011PTC066922. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.98 Cr. It is led by directors Nirmal Manubhai Desai and Hiteshkumar Desai.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Landmark Empire Build – A 5th Floor Sh – 517 Landmark Corpo Saroli, Surat, Gujarat, India – 395010.
As per the financials filed for FY 2020, the company reported a revenue of ₹24.14 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹4.37 Cr (net margin -18.1%) and EBITDA of -₹3.77 Cr (EBITDA margin -15.6%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 6 cases are pending.
Company details
Contact details
Vibrant Fab Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressLandmark Empire Build – A 5th Floor Sh – 517 Landmark Corpo Saroli, Surat, Gujarat, India – 395010
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Vibrant Fab 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 Vibrant Fab is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Vibrant Fab Private Limited, buy the company report.
Financials of Vibrant Fab Private Limited
FY 2020 filings availableVibrant Fab Private Limited reported revenue of ₹24.14 Cr (down 45% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years, including a 45% fall in the latest year. EBITDA fell 299% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹24.14 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹3.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.37 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.6% | ||||
| Net Profit Margin | -18.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Vibrant Fab Private Limited, buy the company report.
Board of directors of Vibrant Fab Private Limited
Vibrant Fab 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 |
|---|---|---|---|---|
| Nirmal Manubhai Desai | Director | 06 Oct 2012 | 14 Years 0 Months | As last reported |
| Hiteshkumar Desai | Director | 06 Oct 2012 | 14 Years 0 Months | As last reported |
Peer comparison
Vibrant Fab Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Branded Wear, Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sgo Industries Private Limited | ₹24.19 Cr (FY 2025) | -4.0% | Surat, Gujarat, India | |||
| Raghupati Polyesters Private Limited | ₹24.18 Cr (FY 2025) | -17.0% | Surat, Gujarat, India | |||
| Rajveer Knitts Private Limited | ₹24.15 Cr (FY 2025) | 73.0% | Surat, Gujarat, India | |||
| Vibrant Fab Private Limitedthis company | ₹24.14 Cr (FY 2020) | -₹4.37 Cr | -18.1% | -45.0% | Surat, Gujarat, India | |
| Celebration Clothing Private Limited | ₹24.13 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India | |||
| Maruti Cottex Ltd | ₹24.12 Cr (FY 2025) | -21.0% | Telangana, India |
To see the full peer comparison of Vibrant Fab Private Limited, buy the company report.
Auditor
Vibrant Fab Private Limited is audited by K SURANA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K SURANA & ASSOCIATES | FY 2020 | 138782W |
Shareholding
The shareholding of Vibrant Fab Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vibrant Fab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2015 | 10554642 | Bank of India | ₹15 Cr | Open |
To see the full charge records of Vibrant Fab Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Vibrant Fab Private Limited has 13 court cases on record: 6 filed by Vibrant Fab, 7 filed against it. 6 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 7 | 1 | 2 |
| District courts | 3 | 3 | 1 |
| NCLAT | 3 | 3 | 3 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by Drip Capital Services India LLP | Pending |
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed against the company by M/S Ryder Shipping Lines Pvt. Ltd THR Rupesh Kumar | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Kamal Kishore Gurnani Erstwhile Liquidator of Mis Vibrant Fab Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Kamal Kishore Gurnani Erstwhile Liquidator of Mis Vibrant Fab Private Limited | Pending |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against an individual | Pending |
To see the full case history of Vibrant Fab 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.
Credit ratings & regulatory alerts
Vibrant Fab Private Limited was last rated by Care on 09 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Sep 2021 |
To see the full credit ratings and regulatory alerts of Vibrant Fab Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vibrant Fab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vibrant Fab has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vibrant Fab Private Limited, buy the company report.
Recent activity
Vibrant Fab Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Anil Shivkumar Gupta ceased to be Director on 08 Oct 2012.
Frequently asked questions
Vibrant Fab is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Vibrant Fab is a company under liquidation, formerly operating as a private limited company based in Surat, Gujarat, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 29 August 2011 and is registered under CIN U17120GJ2011PTC066922. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vibrant Fab has 2 current directors:
- Nirmal Manubhai Desai - Director
- Hiteshkumar Desai - Director
The latest financial statements of Vibrant Fab on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vibrant Fab is U17120GJ2011PTC066922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vibrant Fab has open charges of ₹15 Cr and no satisfied charges on record as per latest MCA filings.
Vibrant Fab has 13 court cases on record: 6 filed by the company and 7 filed against it. 6 are pending. Most are in the nclt.
Vibrant Fab was incorporated on 29 August 2011. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vibrant Fab by revenue are Sgo Industries Private Limited, Raghupati Polyesters Private Limited, Rajveer Knitts Private Limited, Celebration Clothing Private Limited, Maruti Cottex Ltd, all in the Apparel industry (Branded Wear, Textiles), with the same principal business activity (textile, leather and other apparel products).
Anil Shivkumar Gupta ceased to be Director on 08 Oct 2012. Vijaykumar Babubhai Naidu ceased to be Director on 08 Oct 2012. Hiteshkumar Desai was appointed as Director on 06 Oct 2012. Vibrant Fab has 4 board changes on record in total.
The registered office of Vibrant Fab is at Landmark Empire Build – A 5th Floor Sh – 517 Landmark Corpo Saroli, Surat, Gujarat, India – 395010.