MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-22-0041504
Vitrag Knit Private Limited
Vitrag Knit Private Limited - manufacturing in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.57 Lakh
▼ 59% YoY
Net profit · FY 2024
₹2.7 Lakh
Net margin 35.6%
EBITDA · FY 2024
₹2.7 Lakh
EBITDA margin 35.6%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹28 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹5.1 Cr
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Vitrag Knit Private Limited
Data last updated:
Vitrag Knit Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2010PTC061836. Its GSTIN is 24AADCV3581D1ZI (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹28 Lakh. It is led by directors Ajit Chandmal Bafna and Chintankumar Ajitbhai Bapna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.57 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Lakh (net margin 35.6%) and EBITDA of ₹2.7 Lakh (EBITDA margin 35.6%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 61% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹5.1 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Vitrag Knit Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0041504). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17120GJ2010PTC061836
Registration Number 061836
Incorporation Date 03 August 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-22-0041504
Recognitions & Rankings of Vitrag Knit
Contact details
Vitrag Knit Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No – 4003 4th Floor Shree Kuberji Empire Block No 163 Saroli Behind Bharat Cance, R Hospital, Surat, Gujarat, India – 395010
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Vitrag Knit Private Limited, buy the company report.
Comprehensive company report
Vitrag Knit 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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Financials of Vitrag Knit Private Limited
FY 2025 filings availableVitrag Knit Private Limited reported revenue of ₹7.57 Lakh (down 59% YoY) for FY 2024.
Revenue · FY 2024
₹7.57 Lakh ▼ 59%
Net profit · FY 2024
₹2.7 Lakh margin 35.6%
EBITDA · FY 2024
₹2.7 Lakh margin 35.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 59%
3 years · compounded
▼ 77%
5 years · compounded
▼ 61%
EBITDA CAGR growth
1 year
▲ 252%
3 years · compounded
▼ 64%
5 years · compounded
▼ 46%
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 59% fall in the latest year. EBITDA rose 252% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.7 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.6% | ||||
| Net Profit Margin | 35.6% | ||||
| 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 Vitrag Knit Private Limited, buy the company report.
Board of directors of Vitrag Knit Private Limited
Vitrag Knit has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Chandmal Bafna Also directs: Mahalakshmi Tex Fab LLP, Mahalaxmi Drape Private Limited | Director | 03 Aug 2010 | 16 Years 2 Months | Current |
| Chintankumar Ajitbhai Bapna Also directs: Mahalakshmi Tex Fab LLP, Mahalaxmi Drape Private Limited | Director | 03 Aug 2010 | 16 Years 2 Months | Current |
Auditor
Vitrag Knit Private Limited is audited by SETHIA & BOHRA ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SETHIA & BOHRA ASSOCIATES | FY 2021 | 114766W |
Shareholding
The shareholding of Vitrag Knit Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vitrag Knit Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹5.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2020 | 100389575 | Others | ₹1 Cr | Open | |
| 06 Mar 2018 | 100164907 | Others | ₹1.5 Cr | Satisfied | |
| 30 Aug 2011 | 10305185 | Punjab National Bank | ₹3.6 Cr | Satisfied |
To see the full charge records of Vitrag Knit Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Vitrag Knit Private Limited has 2 court cases on record: 2 filed by Vitrag Knit. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (CR EN) | Filed by the company against Bhagyalaxmi Textiles and 2 others | Disposed |
To see the full case history of Vitrag Knit 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vitrag Knit Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vitrag Knit has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCV3581D1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vitrag Knit Private Limited, buy the company report.
Recent activity
Vitrag Knit Private Limited has 6 board changes on record since 2010: 2 appointments and 4 cessations. The latest: Kailashdevi Ajeet Bafna ceased to be Director on 30 Mar 2019.
AGM
Vitrag Knit Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vitrag Knit Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100389575 was registered on 30 Oct 2020.
Charges
A charge registered on 06 Mar 2018 via Charge ID 100164907 with Others was fully satisfied on 27 Oct 2020.
Ceased
Kailashdevi Ajeet Bafna ceased to be Director.
Ceased
Om Prakash ceased to be Director.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 100164907 was registered on 06 Mar 2018.
Charges
A charge registered on 30 Aug 2011 via Charge ID 10305185 with Punjab National Bank was fully satisfied on 06 Jan 2018.
Ceased
Navnitbhai Nathubhai Gandhi ceased to be Director.
Ceased
Navratanmal Baid ceased to be Director.
Charges
A charge with Punjab National Bank amounted to Rs. 360.00 Lakh with Charge ID 10305185 was registered on 30 Aug 2011.
Appointed
Ajit Chandmal Bafna was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Vitrag Knit is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 03 August 2010 (16+ years old) and is registered under CIN U17120GJ2010PTC061836.
Vitrag Knit has 2 current directors:
- Ajit Chandmal Bafna - Director
- Chintankumar Ajitbhai Bapna - Director
The latest financial statements of Vitrag Knit on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vitrag Knit is 24AADCV3581D1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Vitrag Knit is U17120GJ2010PTC061836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vitrag Knit has 2 court cases on record: 2 filed by the company.
Vitrag Knit was incorporated on 03 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kailashdevi Ajeet Bafna ceased to be Director on 30 Mar 2019. Om Prakash ceased to be Director on 02 Jan 2019. Navnitbhai Nathubhai Gandhi ceased to be Director on 15 Nov 2017. Vitrag Knit has 6 board changes on record in total.
Yes, Vitrag Knit is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-22-0041504).
The registered office of Vitrag Knit is at Shop No – 4003 4th Floor Shree Kuberji Empire Block No 163 Saroli Behind Bharat Cance, R Hospital, Surat, Gujarat, India – 395010.
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