MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0001312
Vip Clothing Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Listed - NSE: VIPCLOTHNG · BSE: 532613 Public Limited Company fashion and textile MSME · Medium
Market Cap
₹160 Cr
VIPCLOTHNG · NSE
Share Price
₹18.40
+3.78% today
Revenue
₹254 Cr
FY 2025-26 · +7.2% YoY
EBITDA
₹22.89 Cr
Margin 9.0%
Net Profit
₹9.81 Cr
FY 2025-26 · +80.0% YoY
P/E (TTM)
16.7x
P/B 0.9x
Authorised capital
₹75 Cr
Registered with MCA
Paid-up capital
₹18.03 Cr
Issued & subscribed
About Vip Clothing Limited
Data last updated:
Vip Clothing Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 14 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L18101MH1991PLC059804. Its GSTIN is 09AABCM1549A1ZV (Uttar Pradesh). The company holds 11 GST registrations, of which 7 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 532613 and NSE: VIPCLOTHNG.
The company has an authorised share capital of ₹75 Cr and a paid-up capital of ₹18.03 Cr. It was formerly known as Maxwell Industries Limited and Maxwell Apparels Industries Private Limited. It is led by directors including Sunil Jaykumar Pathare (Managing Director) and Kapil Jaykumar Pathare (Managing Director).
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at C – 6 Road No 22 MIDC Marol Andheri East, Mumbai, Maharashtra, India – 400093.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹253.83 Cr, a growth of 7.2% compared to the previous year. For the same year it recorded a net profit of ₹9.81 Cr (net margin 3.9%) and EBITDA of ₹22.89 Cr (EBITDA margin 9%). The net worth stands at ₹194.37 Cr (up 5.3% YoY). Total assets are valued at ₹269.31 Cr (down 1.3% YoY).
The company has about 362 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: VIP Clothing. As per MCA filings, the company has open charges of ₹102.15 Cr and satisfied charges of ₹266.31 Cr on record. Court records list 269 cases involving the company, including 196 filed by the company and 73 filed against it; 49 cases are pending. The company has 53 deals on record (48 market trades, 3 acquisitions, 1 rights issue), with disclosed funding of ₹45.85 Cr; the latest was in January 2025. Its 9 peer companies in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 4 smaller; the largest is J.M. Hosiery & Co Limited with revenue of ₹309.87 Cr. The company has 21 MSME Form 1 returns on record between 2019 and 2024, listing 3,871 overdue payments to 153 micro and small suppliers.
Vip Clothing Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0001312). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vipclothing.in.
Company details
CIN L18101MH1991PLC059804
Registration Number 059804
Incorporation Date 14 January 1991
ROC Mumbai
Listing Status Listed - Listed on NSE (VIPCLOTHNG); Listed on BSE (532613)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0001312
Name history
Vip Clothing has undergone 2 name changes throughout its history. The company was previously known as Maxwell Industries Limited, and Maxwell Apparels Industries Private Limited. The current legal name is Vip Clothing Limited.
| Company Name | Status |
|---|---|
| Vip Clothing Limited | Current |
| Maxwell Industries Limited | Previous |
| Maxwell Apparels Industries Private Limited | Previous |
CIN history
Vip Clothing has one previous CIN (Corporate Identification Number): U18101MH2003PTC059804. The current CIN is L18101MH1991PLC059804, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L18101MH1991PLC059804 | Current |
| U18101MH2003PTC059804 | Previous |
Key People
Sunil Jaykumar Pathare Managing Director Kapil Jaykumar Pathare Managing Director Uday Laxman Ajgaonkar Director Recognitions & Rankings of Vip Clothing
Contact details
Vip Clothing Limited's registered office is in Mumbai, Maharashtra. Its website is vipclothing.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 6 Road No 22 MIDC Marol Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryFashion and Textile, Innerwear
To see the full contact details of Vip Clothing Limited, buy the company report.
Comprehensive company report
Vip Clothing Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Vip Clothing operates one associated brand: VIP Clothing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Innerwear, nightwear & hosiery brand for men & women | vipclothing.in |
Business activity
The main business activity of Vip Clothing 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 Vip Clothing Limited, buy the company report.
Financials of Vip Clothing Limited
FY 2025-26 filings availableVip Clothing Limited reported revenue of ₹253.83 Cr (up 7.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue
₹254 Cr
+7.2% YoY
EBITDA
₹22.89 Cr
+37.5% YoY
Profit After Tax
₹9.81 Cr
+80.0% YoY
Net Worth
₹194 Cr
+5.3% YoY
Total Assets
₹269 Cr
-1.3% YoY
Total Debt
₹69.69 Cr
-15.3% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 254 | 237 | 183 | 201 | 183 | 143 | 173 |
| Revenue growth | +7.2% | +29.3% | -8.7% | +9.7% | +27.9% | -17.2% | - |
| EBITDA | 22.89 | 16.65 | (4.75) | 12.61 | 6.70 | 2.97 | (15.61) |
| EBITDA margin | +9.0% | +7.0% | -2.6% | +6.3% | +3.7% | +2.1% | -9.0% |
| Profit before tax | 12.51 | 7.02 | (16.13) | 8.30 | (4.12) | (9.79) | (27.58) |
| Net profit | 9.81 | 5.45 | (12.66) | 1.84 | (2.18) | (1.07) | (14.95) |
| Net profit margin | +3.9% | +2.3% | -6.9% | +0.9% | -1.2% | -0.8% | -8.7% |
| EPS (₹) | 1.07 | 0.61 | (1.53) | 0.80 | (0.27) | (0.13) | (1.81) |
| Balance sheet | |||||||
| Total assets | 269 | 273 | 225 | 246 | 243 | 235 | 226 |
| Net worth | 194 | 185 | 138 | 151 | 133 | 135 | 137 |
| Total debt | 69.69 | 82.31 | 80.52 | 88.61 | 103 | 92.77 | 78.80 |
| Cash & bank | 0.75 | 0.71 | 4.36 | 15.11 | 5.06 | 7.74 | 4.47 |
| Net working capital | 165 | 164 | 113 | 141 | 137 | 135 | 133 |
| Cash flow | |||||||
| Cash from operations | 20.23 | (37.36) | 10.43 | 13.12 | (3.50) | 5.80 | 14.29 |
| Cash from investing | 1.75 | 3.95 | (0.17) | 11.08 | (0.17) | (1.18) | 3.10 |
| Cash from financing | (21.94) | 33.82 | (21.23) | (14.26) | 0.72 | (2.14) | (15.59) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 64.69 | 71.54 | 50.78 | 66.07 | 65.45 | 64.91 | 62.63 | 59.23 |
| Revenue growth (YoY) | -1.2% | +10.2% | -18.9% | +11.6% | +30.6% | - | - | - |
| Other income | 0.16 | 0.19 | 0.52 | 0.18 | 0.15 | 0.66 | 0.24 | 0.32 |
| Total expenses | 59.62 | 64.71 | 47.10 | 59.92 | 59.20 | 59.16 | 57.94 | 55.82 |
| EBITDA | 5.07 | 6.83 | 3.68 | 6.15 | 6.25 | 5.75 | 4.69 | 3.41 |
| EBITDA margin | +7.8% | +9.5% | +7.2% | +9.3% | +9.5% | +8.9% | +7.5% | +5.8% |
| Depreciation | 0.73 | 0.64 | 0.63 | 0.68 | 0.68 | 0.85 | 0.70 | 0.69 |
| Interest | 1.87 | 1.91 | 2.19 | 2.23 | 2.45 | 2.36 | 1.79 | 1.98 |
| Profit before tax | 2.63 | 4.47 | 1.38 | 3.42 | 3.27 | 3.20 | 2.44 | 1.06 |
| Tax | 0.72 | 0.04 | 0.44 | 1.18 | 1.04 | 0.78 | 0.45 | 0.26 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 64.69 | 71.54 | 50.78 | 66.07 | 65.45 | 64.91 | 62.63 | 59.23 |
| Revenue growth (YoY) | -1.2% | +10.2% | -18.9% | +11.6% | +30.6% | - | - | - |
| Other income | 0.16 | 0.19 | 0.52 | 0.18 | 0.15 | 0.66 | 0.24 | 0.32 |
| Total expenses | 59.62 | 64.71 | 47.10 | 59.92 | 59.20 | 59.16 | 57.94 | 55.82 |
| EBITDA | 5.07 | 6.83 | 3.68 | 6.15 | 6.25 | 5.75 | 4.69 | 3.41 |
| EBITDA margin | +7.8% | +9.5% | +7.2% | +9.3% | +9.5% | +8.9% | +7.5% | +5.8% |
| Depreciation | 0.73 | 0.64 | 0.63 | 0.68 | 0.68 | 0.85 | 0.70 | 0.69 |
| Interest | 1.87 | 1.91 | 2.19 | 2.23 | 2.45 | 2.36 | 1.79 | 1.98 |
| Profit before tax | 2.63 | 4.47 | 1.38 | 3.42 | 3.27 | 3.20 | 2.44 | 1.06 |
| Tax | 0.72 | 0.04 | 0.44 | 1.18 | 1.04 | 0.78 | 0.45 | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 254 | 237 | 183 | 201 | 183 | 143 | 173 |
| Revenue growth | +7.2% | +29.3% | -8.7% | +9.7% | +27.9% | -17.2% | - |
| Other income | 1.04 | 1.36 | 0.43 | 7.87 | 2.53 | 2.07 | 2.77 |
| Total expenses | 231 | 220 | 188 | 188 | 176 | 140 | 188 |
| Employee cost | 0.00 | 23.42 | 23.52 | 19.31 | 17.62 | 17.11 | 21.49 |
| EBITDA | 22.89 | 16.65 | (4.75) | 12.61 | 6.70 | 2.97 | (15.61) |
| EBITDA margin | +9.0% | +7.0% | -2.6% | +6.3% | +3.7% | +2.1% | -9.0% |
| Depreciation | 2.63 | 2.94 | 2.72 | 3.06 | 3.85 | 3.93 | 4.24 |
| Interest | 8.79 | 8.05 | 9.09 | 9.12 | 9.50 | 10.90 | 10.50 |
| Profit before tax | 12.51 | 7.02 | (16.13) | 8.30 | (4.12) | (9.79) | (27.58) |
| Tax | 2.70 | 1.57 | (3.48) | 1.67 | (1.91) | (8.75) | (12.63) |
| Net profit | 9.81 | 5.45 | (12.66) | 1.84 | (2.18) | (1.07) | (14.95) |
| Net profit margin | +3.9% | +2.3% | -6.9% | +0.9% | -1.2% | -0.8% | -8.7% |
| EPS (₹) | 1.07 | 0.61 | (1.53) | 0.80 | (0.27) | (0.13) | (1.81) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 18.03 | 18.03 | 16.52 | 16.52 | 16.52 | 16.52 | 16.52 |
| Reserves & surplus | 164 | 154 | 111 | 123 | 117 | 119 | 120 |
| Shareholders' funds (net worth) | 194 | 185 | 138 | 151 | 133 | 135 | 137 |
| Secured loans | 60.93 | 74.43 | 71.05 | 81.94 | 96.70 | 88.59 | 78.80 |
| Unsecured loans | 8.76 | 7.88 | 9.47 | 6.67 | 6.66 | 4.18 | 0.00 |
| Total debt | 69.69 | 82.31 | 80.52 | 88.61 | 103 | 92.77 | 78.80 |
| Total liabilities | 269 | 273 | 225 | 246 | 243 | 235 | 226 |
| Assets | |||||||
| Gross block | 124 | 125 | 125 | 124 | 137 | 137 | 136 |
| Net block | 95.14 | 97.11 | 99.14 | 97.36 | 104 | 107 | 109 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 95.49 | 92.44 | 82.79 | 80.72 | 92.31 | 76.68 | 92.37 |
| Sundry debtors | 95.75 | 98.61 | 58.30 | 67.34 | 60.41 | 60.36 | 48.62 |
| Cash & bank balances | 0.75 | 0.71 | 4.36 | 15.11 | 5.06 | 7.74 | 4.47 |
| Loans & advances | 25.04 | 23.96 | 10.17 | 10.90 | 14.78 | 17.31 | 16.25 |
| Total current assets | 217 | 216 | 156 | 174 | 173 | 162 | 162 |
| Total current liabilities | 51.61 | 51.98 | 42.33 | 33.00 | 35.14 | 26.80 | 28.95 |
| Net working capital | 165 | 164 | 113 | 141 | 137 | 135 | 133 |
| Total assets | 269 | 273 | 225 | 246 | 243 | 235 | 226 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.71 | 0.30 | 11.27 | 1.34 | 4.29 | 1.82 | 0.02 |
| Net cash from operating activities | 20.23 | (37.36) | 10.43 | 13.12 | (3.50) | 5.80 | 14.29 |
| Net cash from investing activities | 1.75 | 3.95 | (0.17) | 11.08 | (0.17) | (1.18) | 3.10 |
| Net cash from financing activities | (21.94) | 33.82 | (21.23) | (14.26) | 0.72 | (2.14) | (15.59) |
| Net change in cash | 0.04 | 0.41 | (10.97) | 9.93 | (2.96) | 2.48 | 1.80 |
| Closing cash | 0.75 | 0.71 | 4.36 | 15.11 | 5.06 | 7.74 | 4.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +7.2% | +29.3% | -8.7% | +9.7% | +27.9% | -17.2% | - |
| EBITDA growth | +37.5% | +450.5% | -137.7% | +88.2% | +125.6% | +119.0% | - |
| PBT growth | +78.2% | +9998.0% | - | +9998.0% | +57.9% | +64.5% | -323.0% |
| Net income growth | +80.0% | +143.1% | -788.0% | +184.4% | -103.7% | +92.8% | - |
| Revenue CAGR (3Y) | +8.2% | +9.0% | +8.6% | +5.1% | -4.1% | -13.7% | -9.3% |
| EBITDA CAGR (3Y) | +22.0% | +35.5% | - | - | +22.0% | -34.1% | - |
| Profitability & leverage | |||||||
| Net income margin | +3.9% | +2.3% | -6.9% | +3.3% | -1.2% | -0.7% | -8.7% |
| Return on capital employed | - | +6.0% | 0.0% | +4.7% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | +3.3% | 0.0% | +1.3% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.50 | 0.58 | 0.67 | 0.73 | 0.63 | 0.56 |
| Long-term debt / equity | - | 0.04 | 0.06 | 0.07 | 0.06 | 0.02 | 0.00 |
| Interest cover | 43.39 | 58.72 | -121.69 | 95.50 | 333.33 | -1,135.42 | -52.90 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.89 | 1.47 | 1.54 | 1.34 | 1.05 | 1.30 |
| Inventory turnover | - | 2.70 | 2.24 | 2.32 | 2.17 | 1.69 | 1.69 |
| Debtors turnover | - | 3.02 | 2.92 | 3.14 | 3.03 | 2.63 | 3.17 |
| EPS (₹) | 1.07 | 0.61 | (1.53) | 0.80 | (0.27) | (0.13) | (1.81) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 19.05 | 15.38 | 16.93 | 16.15 | 16.35 | 16.54 |
To see the full year-wise statements and ratios of Vip Clothing Limited, buy the company report.
Board of directors of Vip Clothing Limited
Vip Clothing has 6 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Jaykumar Pathare Also directs: Maxwell Venture Private Limited, Maxwell Capital Management Private Limited, Maxwell Health & Hygiene Private Limited and 2 more | Managing Director | 29 Sep 1992 | 34 Years 1 Months | Current |
| Kapil Jaykumar Pathare Also directs: Maxwell Venture Private Limited, Maxwell Capital Management Private Limited, Maxwell Health & Hygiene Private Limited and 2 more | Managing Director | 15 Sep 2002 | 24 Years 1 Months | Current |
| Uday Laxman Ajgaonkar Also directs: Morries Estates LLP | Director | 22 Mar 2025 | 1 Years 7 Months | Current |
| Kishor Somnath Navandar Also directs: Trirealty Estate (India) LLP, Moneta Properties Private Limited, Blue Billion Hospitality Private Limited and 1 more | Director | 13 Feb 2024 | 2 Years 8 Months | Current |
| Vandana Kumari Bhardwaj | Director | 14 Feb 2024 | 2 Years 8 Months | Current |
| Vilas Chandrakant Gupte | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
Vip Clothing Limited is compared with the 9 companies closest to it by revenue in the Apparel industry (Inner Wear), 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 |
|---|---|---|---|---|---|---|
| J.M. Hosiery & Co Limited | ₹309.87 Cr (FY 2020) | -6.0% | Kolkata, West Bengal, India | |||
| Triumph International (India) Private Limited | ₹286.65 Cr (FY 2024) | 26.0% | Singaperumal Koil, Tamil Nadu, India | |||
| Vip Clothing Limitedthis company | ₹253.83 Cr (FY 2026) | ₹9.81 Cr | 3.9% | 7.2% | 362 | Mumbai, Maharashtra, India |
| Bodycare Creations Limited | ₹253.43 Cr (FY 2024) | -10.0% | Yamuna Vihar, Delhi, India | |||
| Kothari Hosiery Factory Pvt Ltd | ₹245.55 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Purple Panda Fashions Limited | ₹238.56 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Danavarshini Exports Private Limited | ₹204.92 Cr (FY 2025) | 1.0% | Tirupur, Tamil Nadu, India | |||
| Gokaldas Intimatewear Private Limited | ₹193.83 Cr (FY 2019) | 21.0% | Bangalore, Karnataka, India | |||
| Best Tech Clothing Private Limited | ₹187.79 Cr (FY 2025) | 26.0% | Tirupur, Tamil Nadu, India | |||
| Shera Hosiery Private Limited | ₹183.6 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Vip Clothing Limited, buy the company report.
Auditor
Vip Clothing Limited is audited by M S K A & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2022 | 105047W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 46.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 53.40%.
Sep 2026
QUARTER
46.60% Promoters
53.40% Retail & Others
Promoter holding - history
Now 46.60% · Sep 2026High 46.60% · Dec 2025Low 46.60% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 46.60% | 46.60% | 46.60% | 46.60% |
| Public | 53.40% | 53.40% | 53.40% | 53.40% |
Charges & borrowings
Open charges
₹102.15 Cr
Satisfied charges
₹266.31 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Aug 2024 | 100980940 | Others | ₹28 Lakh | Open | |
| 28 Jun 2024 | 100981511 | Others | ₹19 Lakh | Open | |
| 16 Nov 2010 | 10257726 | State Bank of India | ₹101.68 Cr | Open | |
| 25 Mar 2021 | 100437038 | Idbi Bank Limited | ₹2.8 Cr | Satisfied | |
| 25 Jun 2015 | 10580938 | Rbl Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Vip Clothing Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Vip Clothing Limited has 53 deals on record (48 market trades, 3 acquisitions, 1 rights issue), with disclosed funding of ₹45.85 Cr; the latest was in January 2025.
Total deals
53
Market trades
48
Acquisitions
3
Rights issue
1
Funding round
1
Disclosed funding
₹45.85 Cr
Deals on record (5 of 53)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2025 | Market trade | ₹2.01 Cr | Buyer: L7 Hitech Private Limited Seller: L7 Hitech Private Limited |
| Dec 2024 | Market trade | ₹2.31 Cr | Buyer: Kirjal Securities Private Limited Seller: Kirjal Securities Private Limited |
| Oct 2023 | Market trade | ₹2.5 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Dec 2022 | Market trade | ₹6.76 Cr | Buyer: Mansi Shares & Stock Advisors Pvt Ltd, Multiplier Share and Stock Advisors Private Limited Seller: Mansi Shares & Stock Advisors Pvt Ltd, Multiplier Share and Stock Advisors Private Limited |
| Sep 2022 | Market trade | ₹2.01 Cr | Buyer: Multiplier Share and Stock Advisors Private Limited Seller: Multiplier Share and Stock Advisors Private Limited |
To see the full deal history of Vip Clothing Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vip Clothing Limited has 269 court cases on record: 196 filed by Vip Clothing, 73 filed against it. 49 cases are pending and 220 are disposed.
Total cases
269
Filed by the company
196
Filed against the company
73
Pending
49
Disposed
220
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 136 | 31 | 36 |
| High courts | 132 | 42 | 13 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 269)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (EXA) | Filed by the company against Trinity Fashion Broadcasting and Merchandising Private Limited and 4 others | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Trinity Fashion Broadcasting and Merchandising Pvt Ltd | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed against the company by Agarpara Jute Mills Ltd,Jitendra Nath Choubey | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Trinity Fashion Broadcasting and Merchandising Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed by the company against an individual | Pending |
To see the full case history of Vip Clothing 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
Vip Clothing Limited was last rated by Crisil on 29 May 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 May 2019 |
To see the full credit ratings and regulatory alerts of Vip Clothing Limited, buy the company report.
MSME payment delays
Vip Clothing Limited has 21 MSME Form 1 returns on record between 2019 and 2024, listing 3,871 overdue payments to 153 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 153)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Rithanyaa and Co | |||
| Shanmithaa Packagings | |||
| Saravana Quality Labels | |||
| an individual supplier |
To see the full MSME payment records of Vip Clothing Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vip Clothing Limited has a workforce of 362 employees on its EPFO records as of Apr 06, 2024, across 6 active EPFO establishments.
Employee count
362
Active EPFO establishments
6
Employee growth
-21.81%
GST
Vip Clothing has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
7
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCM1549A1ZV | Uttar Pradesh | Active | 01 Jul 2017 |
| 19AABCM1549A1ZU | West Bengal | Active | 01 Jul 2017 |
| 24AABCM1549A1Z3 | Gujarat | Active | 01 Jul 2017 |
| 33AABCM1549A1Z4 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vip Clothing Limited, buy the company report.
Recent activity
Vip Clothing Limited has 35 board changes on record since 1991: 21 appointments and 14 cessations. The latest: Meher Bruno Castelino ceased to be Director on 23 Mar 2025.
Filing
Vip Clothing Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
AGM
Vip Clothing Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Ceased
Meher Bruno Castelino ceased to be Director.
Appointed
Uday Laxman Ajgaonkar was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100980940 was registered on 24 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100981511 was registered on 28 Jun 2024.
Ceased
Chetan Dolatrai Sheth ceased to be Director.
Ceased
Gopal Krishan Sehjpal ceased to be Director.
Ceased
Robin Banerjee ceased to be Director.
Appointed
Vilas Chandrakant Gupte was appointed as Director.
Appointed
Vandana Kumari Bhardwaj was appointed as Director.
Appointed
Kishor Somnath Navandar was appointed as Director.
66 earlier events are in the company report.
News
Frequently asked questions
Vip Clothing is an active public limited company based in Mumbai, Maharashtra, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 14 January 1991 (35+ years old) and is registered under CIN L18101MH1991PLC059804. Listed on BSE: 532613 and NSE: VIPCLOTHNG.
Vip Clothing reported revenue of ₹253.83 Cr for FY 2025-26 (up 7.2% YoY) based on standalone financials.
Vip Clothing has 6 current directors:
- Sunil Jaykumar Pathare - Managing Director
- Kapil Jaykumar Pathare - Managing Director
- Uday Laxman Ajgaonkar - Director
- Kishor Somnath Navandar - Director
- Vandana Kumari Bhardwaj - Director
- Vilas Chandrakant Gupte - Director
The latest financial statements of Vip Clothing on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 18 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vip Clothing is 09AABCM1549A1ZV, registered in Uttar Pradesh. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 19AABCM1549A1ZU (West Bengal), 24AABCM1549A1Z3 (Gujarat), 33AABCM1549A1Z4 (Tamil Nadu).
The CIN (Corporate Identification Number) of Vip Clothing is L18101MH1991PLC059804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Vip Clothing is a listed company as per MCA records. Its shares are listed on both BSE (code: 532613) and NSE (symbol: VIPCLOTHNG).
Vip Clothing has 269 court cases on record: 196 filed by the company and 73 filed against it. 49 are pending. Most are in the district courts.
Vip Clothing was incorporated on 14 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Vip Clothing has 53 deals on record (48 market trades, 3 acquisitions, 1 rights issue), with disclosed funding of ₹45.85 Cr; the latest was in January 2025.
The peers of Vip Clothing by revenue are J.M. Hosiery & Co Limited, Triumph International (India) Private Limited, Bodycare Creations Limited, Kothari Hosiery Factory Pvt Ltd, Purple Panda Fashions Limited and 4 more, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Meher Bruno Castelino ceased to be Director on 23 Mar 2025. Uday Laxman Ajgaonkar was appointed as Director on 22 Mar 2025. Chetan Dolatrai Sheth ceased to be Director on 31 Mar 2024. Vip Clothing has 35 board changes on record in total.
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