Vip Clothing Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L18101MH1991PLC059804 Incorporated 14 January 1991 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: VIPCLOTHNG · BSE: 532613 Public Limited Company fashion and textile
Data last updated
Revenue · FY 2026
₹253.83 Cr
▲ 7.15% YoY
EBITDA · FY 2026
₹23.93 Cr
▲ 32.87% YoY
Net profit · FY 2026
₹9.81 Cr
▲ 79.78% YoY
Authorised capital
₹75 Cr
Registered with MCA
Paid-up capital
₹18.03 Cr
Issued & subscribed
Open charges
₹102.15 Cr
Satisfied ₹266.31 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
362
Latest available

About Vip Clothing Limited

Data last updated: 31 December 2025

Vip Clothing Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in innerwear, a part of the broader fashion and textiles sector. Incorporated on 14 January 1991, the company has been in operation for over 35 years.

Registered with ROC Mumbai under CIN L18101MH1991PLC059804. Listed on BSE: 532613 and NSE: VIPCLOTHNG.

Capital: an authorised share capital of ₹75 Cr and a paid-up capital of ₹18.03 Cr. Formerly known as Maxwell Industries Limited and Maxwell Apparels Industries Private Limited. It is led by directors including Vilas Chandrakant Gupte and Kishor Somnath Navandar.

Last AGM: 18 September 2025. Financial statements filed for year ended 31 March 2025. Office: C – 6 Road No 22Midc Marol Andheri East, Mumbai, Maharashtra, India – 400093.

As per the financials filed for FY 2025, the company reported a revenue of ₹238.25 Cr, a growth of 30% compared to the previous year.

The company has a workforce of approximately 362 employees as per the latest available data.

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.

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 of Vip Clothing Limited
CIN L18101MH1991PLC059804
Registration Number 059804
Incorporation Date 14 January 1991
ROC Mumbai
Listing Status Listed (BSE: 532613, NSE: VIPCLOTHNG)
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
    **************
  • Registered Address
    C – 6 Road No 22Midc Marol Andheri East, Mumbai, Maharashtra, India – 400093
  • Industry
    Fashion and Textile, Innerwear
Company report
Vip Clothing Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
  • PDF report delivered after checkout
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Vip Clothing Limited report

Financials, compliance, directors, charges, ownership and filings for Vip Clothing Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Vip Clothing Limited

Vip Clothing Limited 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, reflecting the company's evolution and rebranding over time.

Company Name Status
Vip Clothing Limited Current
Maxwell Industries Limited Previous
Maxwell Apparels Industries Private Limited Previous

CIN History of Vip Clothing Limited

Vip Clothing Limited 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

Associated Brands with Vip Clothing Limited

Vip Clothing Limited operates one associated brand: VIP Clothing. These brands represent Vip Clothing Limited's diversified market presence and brand portfolio.

Brand Description Website
Innerwear, nightwear & hosiery brand for men & women vipclothing.in

Competitors & Alternatives of Vip Clothing Limited

Brands and companies operating in the same space as Vip Clothing Limited include Bummer, Freecultr, Lux Innerwear and 6 more.

Competitor Description Location Founded
Bummer Bummer Online platform offering multi-category innerwears and swim suite for both mena nd women Ahmedabad, India, India 2020
Freecultr Freecultr Internet first brand offering eco-friendly innerwear for men and women Delhi, India, India 2011
Lux Innerwear Lux Innerwear Internet-first brand offering inner wear Kolkata, India, India 1957
PrettySecrets PrettySecrets Operates as an online-first private label brand specializing in lingerie. Mumbai, India, India 2011
Buttercups Buttercups Online private label lingerie brand Bengaluru, India, India 2011
Tailor And Circus Tailor And Circus Internet first brand of under & maternity wear for men and women Tiruppur, India, India 2020
Naked Brands Naked Brands Women's inner wear apparel is offered by Naked Brands. New York, United States, United States 2008
Dixcy Textiles Dixcy Textiles Private label brand for innerwear and leisurewear Bengaluru, India, India 1982
Modenik Modenik Innerwear clothing is wholesaled by Modenik in Bengaluru, India. Bengaluru, India, India 2004

Business Activity of Vip Clothing Limited

Vip Clothing Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 *********

Auditor Details of Vip Clothing Limited

Vip Clothing Limited is audited by DMKH & Co. (ICAI peer reviewed, certificate valid till 2027-04-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
DMKH & Co. (ICAI peer reviewed, certificate valid till 2027-04-30) FY 2026 Declaration of unmodified opinion

Board of Directors of Vip Clothing Limited

Vip Clothing Limited is currently managed by 9 directors, with 22 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vilas Chandrakant Gupte Director 15 Feb 2024 2 Years 4 Months Current
Kishor Somnath Navandar Director 13 Feb 2024 2 Years 4 Months Current
Devendra Vyas Cfo 13 Aug 2020 5 Years 10 Months Current
Kapil Jaykumar Pathare Managing Director 15 Sep 2002 23 Years 9 Months Current
Uday Laxman Ajgaonkar Director 22 Mar 2025 1 Years 3 Months Current
Sunil Jaykumar Pathare Managing Director 29 Sep 1992 33 Years 9 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Vip Clothing Limited FY 2026 filings available

Vip Clothing Limited reported revenue of ₹253.83 Cr (up 7.15% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹253.83 Cr ▲ 7.15%
Profit · FY 2026
₹9.81 Cr ▲ 79.78%
EBITDA · FY 2026
₹23.93 Cr ▲ 32.87%
Revenue₹ Cr · Standalone0100200300FY 2020: ₹173 Cr173FY 2020FY 2021: ₹143 Cr · -17.2% YoY143-17.2%FY 2021FY 2022: ₹182 Cr · +27.1% YoY182+27.1%FY 2022FY 2023: ₹201 Cr · +10.4% YoY201+10.4%FY 2023FY 2024: ₹183 Cr · -8.7% YoY183-8.7%FY 2024FY 2025: ₹237 Cr · +29.3% YoY237+29.3%FY 2025FY 2026: ₹254 Cr · +7.2% YoY254+7.2%FY 2026
Net Profit₹ Cr · Standalone-15-10-50510FY 2020: ₹15 Cr (loss)-15FY 2020FY 2021: ₹1 Cr (loss) · +93% YoY-1FY 2021FY 2022: ₹2 Cr (loss) · -111.8% YoY-2.2FY 2022FY 2023: ₹7 Cr · +399.9% YoY6.6+399.9%FY 2023FY 2024: ₹13 Cr (loss) · -290.6% YoY-12.7FY 2024FY 2025: ₹5 Cr · +143.1% YoY5.5+143.1%FY 2025FY 2026: ₹10 Cr · +79.8% YoY9.8+79.8%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0255075Q1'25: ₹50 Cr · -6.6% YoY50.1-6.6%Q1'25Q2'25: ₹59 Cr · +13.2% YoY59.2+13.2%Q2'25Q3'25: ₹63 Cr · +39.5% YoY62.6+39.5%Q3'25Q4'25: ₹65 Cr · +100.5% YoY64.9+100.5%Q4'25Q1'26: ₹65 Cr · +30.6% YoY65.4+30.6%Q1'26Q2'26: ₹66 Cr · +11.5% YoY66.1+11.5%Q2'26Q3'26: ₹51 Cr · -18.9% YoY50.8-18.9%Q3'26Q4'26: ₹72 Cr · +10.2% YoY71.5+10.2%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Revenue from Operations ₹253.83 Cr ₹236.89 Cr ₹183.28 Cr ₹200.64 Cr ₹181.75 Cr ₹143.05 Cr ₹172.76 Cr
Other Income ₹1.04 Cr ₹1.36 Cr ₹43.12 Lakh ₹1.74 Cr ₹3.75 Cr ₹2.07 Cr ₹2.77 Cr
Total Income ₹254.87 Cr ₹238.25 Cr ₹183.71 Cr ₹202.38 Cr ₹185.5 Cr ₹145.12 Cr ₹175.54 Cr
Cost of Materials Consumed ₹37.66 Cr ₹83.83 Cr ₹86.1 Cr ₹92.65 Cr ₹123.57 Cr ₹66.11 Cr ₹102.22 Cr
Purchases of Stock-in-Trade ₹136.55 Cr ₹62.77 Cr ₹21.86 Cr ₹20.49 Cr ₹4.17 Cr ₹0 ₹0
Changes in Inventories ₹4.08 Cr -₹1.99 Cr -₹49.65 Lakh ₹9.47 Cr -₹20.13 Cr ₹16.71 Cr ₹9.24 Cr
Employee Benefit Expense ₹20.12 Cr ₹23.42 Cr ₹23.52 Cr ₹19.31 Cr ₹17.62 Cr ₹17.15 Cr ₹21.49 Cr
Finance Costs ₹8.79 Cr ₹8.05 Cr ₹9.09 Cr ₹9.12 Cr ₹9.26 Cr ₹10.9 Cr ₹10.38 Cr
Depreciation & Amortisation ₹2.63 Cr ₹2.94 Cr ₹2.72 Cr ₹3.06 Cr ₹3.85 Cr ₹3.93 Cr ₹4.24 Cr
Other Expenses ₹32.53 Cr ₹52.22 Cr ₹57.04 Cr ₹46.1 Cr ₹51.29 Cr ₹40.1 Cr ₹55.54 Cr
Total Expenses ₹242.36 Cr ₹231.22 Cr ₹199.84 Cr ₹200.21 Cr ₹189.62 Cr ₹154.91 Cr ₹203.12 Cr
Profit Before Exceptional Items & Tax ₹12.51 Cr ₹7.02 Cr -₹16.13 Cr ₹2.17 Cr -₹4.12 Cr -₹9.79 Cr -₹27.58 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹6.13 Cr ₹0 ₹0 ₹0
Profit Before Tax ₹12.51 Cr ₹7.02 Cr -₹16.13 Cr ₹8.31 Cr -₹4.12 Cr -₹9.79 Cr -₹27.58 Cr
Total Tax Expense ₹2.7 Cr ₹1.57 Cr -₹3.48 Cr ₹1.67 Cr -₹1.91 Cr -₹8.75 Cr -₹12.63 Cr
Net Profit ₹9.81 Cr ₹5.46 Cr -₹12.65 Cr ₹6.64 Cr -₹2.21 Cr -₹1.05 Cr -₹14.95 Cr
Other Comprehensive Income ₹16,000 -₹5.5 Lakh -₹19.75 Lakh -₹15.21 Lakh ₹3.34 Lakh ₹2.32 Lakh -₹10.7 Lakh
Total Comprehensive Income ₹9.81 Cr ₹5.4 Cr -₹12.85 Cr ₹6.48 Cr -₹2.18 Cr -₹1.02 Cr -₹15.06 Cr
EBITDA (computed) ₹23.93 Cr ₹18.01 Cr -₹4.32 Cr ₹14.36 Cr ₹8.99 Cr ₹5.04 Cr -₹12.96 Cr
Basic EPS ₹1.09 ₹0.63 ₹-1.53 ₹0.80 ₹-0.27 ₹-0.13 ₹-1.81
Diluted EPS ₹1.07 ₹0.62 ₹-1.53 ₹0.80 ₹-0.27 ₹-0.13 ₹-1.81
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹328.25 Cr ₹329.38 Cr ₹270.55 Cr ₹284.9 Cr
Non-current Assets ₹111.21 Cr ₹113.65 Cr ₹114.92 Cr ₹107.08 Cr
Current Assets ₹217.04 Cr ₹215.73 Cr ₹155.63 Cr ₹177.82 Cr
Property, Plant & Equipment ₹25.77 Cr ₹27.73 Cr ₹29.77 Cr ₹27.99 Cr
Inventories ₹95.49 Cr ₹92.44 Cr ₹82.79 Cr ₹80.72 Cr
Trade Receivables ₹95.75 Cr ₹98.61 Cr ₹58.3 Cr ₹66.46 Cr
Cash & Equivalents ₹74.52 Lakh ₹70.72 Lakh ₹30.01 Lakh ₹11.27 Cr
Equity (Net Worth) ₹194.37 Cr ₹184.56 Cr ₹138.33 Cr ₹151.17 Cr
Equity Share Capital ₹18.03 Cr ₹18.03 Cr ₹16.52 Cr ₹16.52 Cr
Borrowings (Non-current) ₹24.65 Lakh ₹93.62 Lakh ₹3.68 Cr ₹6.86 Cr
Borrowings (Current) ₹65.56 Cr ₹76.77 Cr ₹71.03 Cr ₹78.64 Cr
Total Debt (computed) ₹65.8 Cr ₹77.7 Cr ₹74.71 Cr ₹85.5 Cr
Current Liabilities ₹118.4 Cr ₹130.08 Cr ₹114.77 Cr ₹112.5 Cr
Total Liabilities ₹133.88 Cr ₹144.82 Cr ₹132.23 Cr ₹133.73 Cr
The balance sheet became part of the exchange results-filing format in FY2023 - earlier years were not filed and are hidden.
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹20.23 Cr -₹37.36 Cr ₹10.43 Cr ₹13.12 Cr -₹5.27 Cr
Investing Cash Flow ₹1.75 Cr ₹3.95 Cr -₹17.04 Lakh ₹11.08 Cr ₹2.48 Lakh
Financing Cash Flow -₹21.94 Cr ₹33.82 Cr -₹21.23 Cr -₹14.26 Cr ₹2.29 Cr
Capital Expenditure ₹1.05 Lakh ₹62.16 Lakh ₹17.01 Lakh ₹23.43 Lakh ₹0
Free Cash Flow (computed) ₹20.22 Cr -₹37.98 Cr ₹10.26 Cr ₹12.89 Cr -₹5.27 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹3.8 Lakh ₹40.71 Lakh -₹10.97 Cr ₹9.93 Cr -₹2.96 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹71.54 Cr ₹50.78 Cr ₹66.07 Cr ₹65.45 Cr ₹64.91 Cr ₹62.63 Cr ₹59.23 Cr ₹50.12 Cr ₹32.38 Cr ₹44.89 Cr ₹52.35 Cr ₹53.66 Cr
Other Income ₹19.29 Lakh ₹51.82 Lakh ₹18.15 Lakh ₹14.61 Lakh ₹66.46 Lakh ₹24 Lakh ₹31.95 Lakh ₹13.62 Lakh ₹10.18 Lakh ₹10.26 Lakh ₹13.24 Lakh ₹9.44 Lakh
Total Income ₹71.73 Cr ₹51.29 Cr ₹66.25 Cr ₹65.59 Cr ₹65.57 Cr ₹62.87 Cr ₹59.55 Cr ₹50.26 Cr ₹32.48 Cr ₹44.99 Cr ₹52.48 Cr ₹53.76 Cr
Cost of Materials Consumed ₹9.98 Cr ₹6.37 Cr ₹12.19 Cr ₹9.12 Cr ₹20.35 Cr ₹23.53 Cr ₹22.43 Cr ₹17.51 Cr ₹13.02 Cr ₹16.53 Cr ₹30.98 Cr ₹27.12 Cr
Purchases of Stock-in-Trade ₹46.59 Cr ₹26.45 Cr ₹36.99 Cr ₹26.51 Cr ₹19.84 Cr ₹20.46 Cr ₹12.4 Cr ₹10.07 Cr ₹6.64 Cr ₹4.39 Cr ₹4.32 Cr ₹4.98 Cr
Changes in Inventories -₹3.08 Cr ₹2.37 Cr -₹4.08 Cr ₹8.87 Cr -₹75.98 Lakh -₹5.25 Cr -₹20.16 Lakh ₹4.22 Cr ₹78.88 Lakh ₹6.66 Cr -₹7.43 Cr -₹51.13 Lakh
Employee Benefit Expense ₹4.8 Cr ₹4.98 Cr ₹5.13 Cr ₹5.22 Cr ₹5.92 Cr ₹5.78 Cr ₹6.09 Cr ₹5.63 Cr ₹6.21 Cr ₹5.83 Cr ₹6.25 Cr ₹5.23 Cr
Finance Costs ₹1.91 Cr ₹2.19 Cr ₹2.23 Cr ₹2.45 Cr ₹2.36 Cr ₹1.79 Cr ₹1.98 Cr ₹1.93 Cr ₹2.51 Cr ₹2.2 Cr ₹2.3 Cr ₹2.07 Cr
Depreciation & Amortisation ₹64.33 Lakh ₹63.31 Lakh ₹67.74 Lakh ₹67.65 Lakh ₹85.29 Lakh ₹69.73 Lakh ₹68.57 Lakh ₹70.36 Lakh ₹70.17 Lakh ₹65.87 Lakh ₹68.08 Lakh ₹67.66 Lakh
Other Expenses ₹6.42 Cr ₹6.94 Cr ₹9.69 Cr ₹9.48 Cr ₹13.81 Cr ₹13.41 Cr ₹15.11 Cr ₹9.89 Cr ₹13.54 Cr ₹12.63 Cr ₹17.55 Cr ₹13.33 Cr
Total Expenses ₹67.27 Cr ₹49.93 Cr ₹62.83 Cr ₹62.33 Cr ₹62.37 Cr ₹60.42 Cr ₹58.49 Cr ₹49.94 Cr ₹43.42 Cr ₹48.88 Cr ₹54.65 Cr ₹52.89 Cr
Profit Before Exceptional Items & Tax ₹4.46 Cr ₹1.37 Cr ₹3.42 Cr ₹3.27 Cr ₹3.2 Cr ₹2.45 Cr ₹1.06 Cr ₹31.34 Lakh -₹10.94 Cr -₹3.89 Cr -₹2.17 Cr ₹87.31 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹4.46 Cr ₹1.37 Cr ₹3.42 Cr ₹3.27 Cr ₹3.2 Cr ₹2.45 Cr ₹1.06 Cr ₹31.34 Lakh -₹10.94 Cr -₹3.89 Cr -₹2.17 Cr ₹87.31 Lakh
Total Tax Expense ₹3.47 Lakh ₹43.83 Lakh ₹1.18 Cr ₹1.04 Cr ₹77.97 Lakh ₹45.07 Lakh ₹25.73 Lakh ₹7.86 Lakh -₹3.54 Cr -₹50.95 Lakh ₹30.5 Lakh ₹26.8 Lakh
Net Profit ₹4.42 Cr ₹92.71 Lakh ₹2.24 Cr ₹2.22 Cr ₹2.42 Cr ₹2 Cr ₹80.75 Lakh ₹23.48 Lakh -₹7.4 Cr -₹3.38 Cr -₹2.48 Cr ₹60.51 Lakh
Other Comprehensive Income -₹14.65 Lakh ₹11.75 Lakh ₹7.98 Lakh -₹4.92 Lakh -₹1.17 Lakh -₹2.68 Lakh -₹6.15 Lakh ₹4.5 Lakh ₹39,000 -₹85,000 -₹11.53 Lakh -₹7.76 Lakh
Total Comprehensive Income ₹4.28 Cr ₹1.04 Cr ₹2.32 Cr ₹2.17 Cr ₹2.41 Cr ₹1.97 Cr ₹74.6 Lakh ₹27.98 Lakh -₹7.4 Cr -₹3.39 Cr -₹2.59 Cr ₹52.75 Lakh
EBITDA (computed) ₹7.01 Cr ₹4.19 Cr ₹6.33 Cr ₹6.39 Cr ₹6.41 Cr ₹4.93 Cr ₹3.73 Cr ₹2.94 Cr -₹7.72 Cr -₹1.03 Cr ₹80.82 Lakh ₹3.62 Cr
Basic EPS ₹0.49 ₹0.10 ₹0.25 ₹0.25 ₹0.28 ₹0.22 ₹0.10 ₹0.03 ₹-0.90 ₹-0.41 ₹-0.30 ₹0.07
Diluted EPS ₹0.48 ₹0.10 ₹0.25 ₹0.25 ₹0.27 ₹0.22 ₹0.10 ₹0.03 ₹-0.90 ₹-0.41 ₹-0.30 ₹0.07
Latest 12 quarters shown of 25 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Vip Clothing Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Vip Clothing Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 46.55%, foreign institutional investors hold 0.15%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 53.29% of Vip Clothing Limited. The company had 32,062 shareholders on record.

Promoters: 46.55%FII (Foreign Institutional): 0.15%Retail & Others: 53.29%
Mar 2026
QUARTER
46.55% Promoters
0.15% FII (Foreign Institutional)
53.29% Retail & Others
Promoter holding - history
Now 46.55% · Mar 2026High 65.22% · Dec 2015Low 46.55% · Dec 2024
45%50.5%56%61.5%67%Dec 2015Jun 2018Dec 2020Jun 2023Jun 2025Dec 2015: 65.22%Mar 2016: 65.22%Jun 2016: 65.22%Sep 2016: 65.22%Dec 2016: 65.22%Mar 2017: 65.22%Jun 2017: 65.22%Sep 2017: 65.22%Dec 2017: 52.67%Mar 2018: 52.67%Jun 2018: 52.67%Sep 2018: 52.67%Dec 2018: 52.67%Mar 2019: 52.67%Jun 2019: 52.67%Sep 2019: 52.67%Dec 2019: 52.67%Mar 2020: 52.67%Jun 2020: 52.67%Sep 2020: 52.96%Dec 2020: 53.00%Mar 2021: 53.06%Jun 2021: 53.08%Sep 2021: 53.15%Dec 2021: 53.26%Mar 2022: 49.52%Jun 2022: 49.53%Sep 2022: 49.59%Dec 2022: 49.59%Mar 2023: 49.59%Jun 2023: 49.59%Sep 2023: 49.59%Dec 2023: 49.59%Mar 2024: 49.59%Jun 2024: 49.59%Jul 2024: 48.70%Sep 2024: 49.59%Oct 2024: 47.30%Dec 2024: 46.55%Mar 2025: 46.55%Jun 2025: 46.55%Sep 2025: 46.55%Dec 2025: 46.55%Mar 2026: 46.55%65.22%46.55%46.55%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters46.55%46.55%46.55%46.55%46.55%46.55%
Public53.45%53.45%53.45%53.45%53.45%53.45%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016
Promoters46.55%46.55%49.59%49.59%49.52%53.06%52.67%52.67%52.67%65.22%65.22%
Public53.45%53.45%50.41%50.41%50.48%46.95%47.33%47.33%47.33%34.78%34.78%
Promoter change (YoY, %pts)+0.00-3.04+0.00+0.07-3.54+0.39+0.00+0.00-12.55+0.00-

Board & Governance of Vip Clothing Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Vip Clothing Limited has 6 directors - 4 independent and 2 executive. The board is chaired by SUNIL JAYKUMAR PATHARE.

DirectorPositionOn board sinceListed boards
SUNIL JAYKUMAR PATHARE Executive Director · MD · Chairperson 1992-09-29 1
KAPIL JAYKUMAR PATHARE Executive Director · MD 2002-09-15 1
KISHOR SOMNATH NAVANDAR Non-Executive - Independent Director 2024-02-13 1
VANDANA KUMARI BHARDWAJ Non-Executive - Independent Director 2024-02-14 1
VILAS CHANDRAKANT GUPTE Non-Executive - Independent Director 2024-02-15 1
UDAY LAXMAN AJGAONKAR Non-Executive - Independent Director 2025-03-22 1
Board Committees
CommitteeMembers
Audit Committee KISHOR SOMNATH NAVANDAR (Chairperson), SUNIL JAYKUMAR PATHARE, VILAS CHANDRAKANT GUPTE, UDAY LAXMAN AJGAONKAR
Nomination and remuneration committee KISHOR SOMNATH NAVANDAR (Chairperson), VILAS CHANDRAKANT GUPTE, VANDANA KUMARI BHARDWAJ, UDAY LAXMAN AJGAONKAR
Stakeholders Relationship Committee UDAY LAXMAN AJGAONKAR (Chairperson), KAPIL JAYKUMAR PATHARE, VILAS CHANDRAKANT GUPTE, VANDANA KUMARI BHARDWAJ

Charges & Borrowings of Vip Clothing Limited

Open charges
₹102.15 Cr
Satisfied charges
₹266.31 Cr
Breakdown by lending institutions
State Bank of India₹101.68 Cr
Others₹0.47 Cr
Latest charge details
DateLenderAmountStatus
24 Aug 2024 Others ₹28 Lakh Open
28 Jun 2024 Others ₹19 Lakh Open
16 Nov 2010 State Bank of India ₹101.68 Cr Open
25 Mar 2021 Idbi Bank Limited ₹2.8 Cr Satisfied
25 Jun 2015 Rbl Bank Limited ₹5 Cr Satisfied

Total charge records: 19 View all charges

Employees and EPFO Compliance at Vip Clothing Limited

Vip Clothing Limited has a workforce of 362 employees as of Apr 06, 2024.

Employee count
362
Active EPFO establishments
6
Employee growth
-21.81%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Vip Clothing Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Vip Clothing Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Vip Clothing Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Vip Clothing Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Vip Clothing Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Vip Clothing Limited

MSME Payment Delays by Vip Clothing Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Vip Clothing Limited

Subsidiaries & Group Companies of Vip Clothing Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Vip Clothing Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Vip Clothing Limited

MCA Filings & Documents of Vip Clothing Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Vip Clothing Limited

Activity
18 Sep 2025
Vip Clothing Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Vip Clothing Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
22 Mar 2025
Uday Laxman Ajgaonkar was appointed as a Director on 22 Mar 2025 & has been associated with this company since 1 year 3 months.
Directors
03 Sep 2024
Rahul Dwaraka Soni was appointed as a Company Secretary on 03 Sep 2024 & has been associated with this company since 1 year 10 months.
Directors
03 Sep 2024
Rahul Dwarka Soni was appointed as a Company Secretary on 03 Sep 2024 & has been associated with this company since 1 year 10 months.
Charges
24 Aug 2024
A charge with Others amounted to Rs. 0.28 Cr with Charge ID 100980940 was registered on 24 Aug 2024.

Frequently Asked Questions about Vip Clothing Limited

Vip Clothing Limited is an active public limited company in the fashion and textile sector based in Mumbai, Maharashtra, India. It was incorporated on 14 January 1991 (35+ years old) and is registered under CIN L18101MH1991PLC059804. Listed on BSE: 532613 and NSE: VIPCLOTHNG. The company has 362 employees.

Vip Clothing Limited reported revenue of ₹238.25 Cr for FY 2025 (up 30.00% YoY).

The current directors of Vip Clothing Limited are:

The primary industry of Vip Clothing Limited is fashion and textile. The company specifically operates in innerwear. The company is currently active in this sector.

Yes. Vip Clothing Limited is listed on both BSE (code: 532613) and NSE (symbol: VIPCLOTHNG).

Vip Clothing Limited can be reached at the registered office: C – 6 Road No 22Midc Marol Andheri East, Mumbai, Maharashtra, India – 400093, or through the website vipclothing.in.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available