Virshete Fashions Private Limited
About Virshete Fashions Private Limited
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Virshete Fashions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the manufacturing segment of the textiles sector. It was incorporated on 26 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18109MH2019PTC329758. Its GSTIN is 27AAHCV0720A1ZV (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10,000. It is led by directors Vir Nitin Shete and Khiren Dharam Patel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Orbit Plaza Chs 1st Floor Office No 103 Nagu Sayajiwadi New Prabhadevi Rd, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2022, the company reported a revenue of ₹68,878, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Lakh (net margin -153%) and EBITDA of -₹1.74 Lakh (EBITDA margin -252.4%).
Company details
Contact details
Virshete Fashions Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOrbit Plaza Chs 1st Floor Office No 103 Nagu Sayajiwadi New Prabhadevi Rd, Mumbai, Maharashtra, India – 400025
- IndustryTextile, Manufacturing, Apparel
To see the full contact details of Virshete Fashions 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 Virshete Fashions 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 Virshete Fashions Private Limited, buy the company report.
Financials of Virshete Fashions Private Limited
FY 2024 filings availableVirshete Fashions Private Limited reported revenue of ₹68,878 (up 8% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 8% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹68,878 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.74 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.05 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 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -252.4% | ||
| Net Profit Margin | -153% | ||
| 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 Virshete Fashions Private Limited, buy the company report.
Board of directors of Virshete Fashions Private Limited
Virshete Fashions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vir Nitin Shete | Director | 26 Aug 2019 | 7 Years 2 Months | Current |
| Khiren Dharam Patel | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Virshete Fashions 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 Virshete Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Virshete Fashions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCV0720A1ZV | Maharashtra | Active | 15 Nov 2019 |
To see the full GST registrations and return filing status of Virshete Fashions Private Limited, buy the company report.
Recent activity
Virshete Fashions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Khiren Dharam Patel was appointed as Director on 14 Aug 2020.
Frequently asked questions
Virshete Fashions is an active private limited company based in Mumbai, Maharashtra, India. The company works in manufacturing, within the textile industry. It was incorporated on 26 August 2019 (7+ years old) and is registered under CIN U18109MH2019PTC329758.
Virshete Fashions has 2 current directors:
- Vir Nitin Shete - Director
- Khiren Dharam Patel - Director
The latest financial statements of Virshete Fashions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Virshete Fashions is 27AAHCV0720A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Virshete Fashions is U18109MH2019PTC329758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Virshete Fashions was incorporated on 26 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Khiren Dharam Patel was appointed as Director on 14 Aug 2020. Nitin Sitaram Shete ceased to be Director on 14 Aug 2020. Vir Nitin Shete was appointed as Director on 26 Aug 2019.
The registered office of Virshete Fashions is at Orbit Plaza Chs 1st Floor Office No 103 Nagu Sayajiwadi New Prabhadevi Rd, Mumbai, Maharashtra, India – 400025.
Virshete Fashions operates in the textile industry, in the manufacturing segment.
Virshete Fashions can be reached at its registered office: Orbit Plaza Chs 1st Floor Office No 103 Nagu Sayajiwadi New Prabhadevi Rd, Mumbai, Maharashtra, India – 400025.
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