MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-10-0003031
Visakha Apparel Private Limited - manufacturing in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.03 Cr
▲ 506% YoY
Net loss · FY 2025
₹13.16 Cr
Net margin -87.5%
EBITDA · FY 2025
-₹11.79 Cr
EBITDA margin -78.4%
Authorised capital
₹49 Cr
Registered with MCA
Paid-up capital
₹33.01 Cr
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹32.34 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
2
Provident fund records
About Visakha Apparel Private Limited
Data last updated:
Visakha Apparel Private Limited is a foreign private limited company based in Visakhapatnam, Andhra Pradesh, India, a subsidiary of Brandix Mauritius Holdings Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U17120AP2007FTC056537. Its GSTIN is 37AAACQ1640H1ZN (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹49 Cr and a paid-up capital of ₹33.01 Cr. It is led by directors including Virendra Nath Sudan and Rajiv Priyan Malalasekera.
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 Visakhapatnam, Andhra Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.03 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.16 Cr (net margin -87.5%) and EBITDA of -₹11.79 Cr (EBITDA margin -78.4%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹32.34 Cr on record. The company has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.58 Cr; the latest was in February 2017. The company has 4 MSME Form 1 returns on record between 2022 and 2023, listing 8 overdue payments to 3 micro and small suppliers.
Visakha Apparel Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0003031). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quantumclothing.com.
Company details
CIN U17120AP2007FTC056537
Registration Number 056537
Incorporation Date 05 December 2007
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Brandix Mauritius Holdings Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-10-0003031
Key People
Virendra Nath Sudan Director Rajiv Priyan Malalasekera Director Mohamed Ashroff Omar Director Recognitions & Rankings of Visakha Apparel
Contact details
Visakha Apparel Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is quantumclothing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 12 Brandix India Apparel City (SEZ) Apsez Pudimadaka Road Atchuthapuram Ma, Ndal, Visakhapatnam, Andhra Pradesh, India – 531011
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Visakha Apparel Private Limited, buy the company report.
Comprehensive company report
Visakha Apparel Private 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
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Business activity
The main business activity of Visakha Apparel is manufacturing. In detail, this covers manufacture of wearing apparel.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 14 | Manufacture of wearing apparel |
To see the full business activity and turnover split of Visakha Apparel Private Limited, buy the company report.
Financials of Visakha Apparel Private Limited
FY 2024 filings availableVisakha Apparel Private Limited reported revenue of ₹15.03 Cr (up 506% YoY) for FY 2025.
Revenue · FY 2025
₹15.03 Cr ▲ 506%
Net loss · FY 2025
₹13.16 Cr margin -87.5%
EBITDA · FY 2025
-₹11.79 Cr margin -78.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 506%
3 years · compounded
▼ 65%
EBITDA CAGR growth
1 year
▼ 141%
3 years · compounded
▼ 40%
Revenue rose 506% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 65%. EBITDA fell 141% 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 |
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| Total Expenses | |||||
| EBITDA | -₹11.79 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.16 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -78.4% | ||||
| Net Profit Margin | -87.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Visakha Apparel Private Limited, buy the company report.
Board of directors of Visakha Apparel Private Limited
Visakha Apparel has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Virendra Nath Sudan Also directs: Teejay India Private Limited, Brandix Intimate India Private Limited, Brandix Apparel India Private Limited and 3 more | Director | 24 Dec 2021 | 4 Years 10 Months | Current |
| Rajiv Priyan Malalasekera Also directs: Brandix Intimate India Private Limited | Director | 06 Jan 2020 | 6 Years 9 Months | Current |
| Mohamed Ashroff Omar Also directs: Teejay India Private Limited, Adhistan Private Limited, Brandix Intimate India Private Limited and 3 more | Director | 07 Mar 2017 | 9 Years 7 Months | Current |
| Ganegama Vithanage Don Udaya Anessly Perera Also directs: Adhistan Private Limited, Brandix Intimate India Private Limited, Brandix Apparel India Private Limited and 2 more | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Visakha Apparel Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Visakha Apparel 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Visakha Apparel Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹32.34 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2018 | 100217679 | The Hongkong and Shanghai Banking Corporation Limited | ₹2 Cr | Open | |
| 18 Dec 2020 | 100456806 | Others | ₹7.34 Cr | Satisfied | |
| 25 Nov 2010 | 10254065 | The Hongkong and Shanghai Banking Corporation Limited | ₹8 Cr | Satisfied | |
| 28 Sep 2010 | 10242574 | The Hongkong and Shanghai Banking Corporation Limited | ₹17 Cr | Satisfied |
To see the full charge records of Visakha Apparel Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Visakha Apparel Private Limited has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.58 Cr; the latest was in February 2017.
Total deals
4
Rights issues
2
Funding round
1
Secondary share transfer
1
Disclosed funding
₹5.58 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Brandix Mauritius Holdings Limited, Brandix International Limited Seller: Bramhope Group Holdings Limited, Quantum Clothing Group Limited |
| Aug 2012 | Funding round | ₹5.58 Cr | Investors: Quantum Clothing Group Limited |
| Mar 2011 | Rights issue | ₹19.86 Cr | Investors: Quantum Clothing Group Limited |
| May 2009 | Rights issue | ₹7.56 Cr | Investors: Quantum Clothing Group Limited, Bramhope Group Holdings Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Visakha Apparel 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
Visakha Apparel Private Limited has 4 MSME Form 1 returns on record between 2022 and 2023, listing 8 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| K.S.R.Freight Forwarders Private Limited | |||
| Sri Lakshmi Ganapathi Travels & Transport | |||
| an individual supplier |
To see the full MSME payment records of Visakha Apparel Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Visakha Apparel Private Limited has a workforce of 2 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-99.54%
GST
Visakha Apparel has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACQ1640H1ZN | Andhra Pradesh | Active | 01 Jul 2017 |
| 37AAACQ1640H2ZM | Andhra Pradesh | Active | 24 Jul 2023 |
To see the full GST registrations and return filing status of Visakha Apparel Private Limited, buy the company report.
Recent activity
Visakha Apparel Private Limited has 21 board changes on record since 2012: 4 appointments and 17 cessations. The latest: Ganegama Vithanage Don Udaya Anessly Perera ceased to be Additional Director on 29 Sep 2025.
Ceased
Ganegama Vithanage Don Udaya Anessly Perera ceased to be Additional Director.
Appointed
Ganegama Vithanage Don Udaya Anessly Perera was appointed as Director.
AGM
Visakha Apparel Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 18 Dec 2020 via Charge ID 100456806 with Others was fully satisfied on 07 Aug 2024.
Filing
Visakha Apparel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Ceased
Virendra Nath Sudan ceased to be Additional Director.
Appointed
Virendra Nath Sudan was appointed as Director.
Ceased
Waduge Ranga Jagadara Ranmadugala ceased to be Director.
Ceased
Neil Barrington Jude Rosayro ceased to be Additional Director.
Ceased
Feroz Omar ceased to be Director.
Ceased
Veeraswamy Ragupathy ceased to be Director.
Ceased
Gerald Dave Micheal Ranasinghe ceased to be Director.
20 earlier events are in the company report.
Frequently asked questions
Visakha Apparel is an active foreign private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 December 2007 (19+ years old) and is registered under CIN U17120AP2007FTC056537.
Visakha Apparel has 4 current directors:
- Virendra Nath Sudan - Director
- Rajiv Priyan Malalasekera - Director
- Mohamed Ashroff Omar - Director
- Ganegama Vithanage Don Udaya Anessly Perera - Director
The latest financial statements of Visakha Apparel 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 2015 are in the company report.
The GSTIN of Visakha Apparel is 37AAACQ1640H1ZN, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AAACQ1640H2ZM (Andhra Pradesh).
The CIN (Corporate Identification Number) of Visakha Apparel is U17120AP2007FTC056537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Visakha Apparel was incorporated on 05 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Vijayawada.
Visakha Apparel has 4 deals on record (2 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹5.58 Cr; the latest was in February 2017.
Ganegama Vithanage Don Udaya Anessly Perera ceased to be Additional Director on 29 Sep 2025. Ganegama Vithanage Don Udaya Anessly Perera was appointed as Director on 01 Jul 2025. Virendra Nath Sudan ceased to be Additional Director on 30 Sep 2022. Visakha Apparel has 21 board changes on record in total.
Yes, Visakha Apparel is registered as a medium enterprise under Udyam registration (number: UDYAM-AP-10-0003031).
Visakha Apparel has 4 MSME Form 1 returns on record between 2022 and 2023, listing 8 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Aug 2023.
Visakha Apparel can be reached through the website quantumclothing.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.