MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0006665
Waystar Hosiery Private Limited
Waystar Hosiery Private Limited - fashion and textile in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹6.55 Cr
▲ 9% YoY
Net profit · FY 2025
₹7.05 Lakh
Net margin 1.1%
EBITDA · FY 2025
₹32.13 Lakh
EBITDA margin 4.9%
Authorised capital
₹22 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹1.66 Cr
Satisfied ₹1.57 Cr
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
About Waystar Hosiery Private Limited
Data last updated:
Waystar Hosiery Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 05 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51310MP2016PTC035176. Its GSTIN is 23AABCW7583J1ZY (Madhya Pradesh).
The company has an authorised share capital of ₹22 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Rahul Joshi and Abhishek Joshi.
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 Maharaja Complex First Floor Shop No.4 Kothari Market, Indore, Madhya Pradesh, India – 452007.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.55 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹7.05 Lakh (net margin 1.1%) and EBITDA of ₹32.13 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹1.66 Cr and satisfied charges of ₹1.57 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Waystar Hosiery Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0006665). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51310MP2016PTC035176
Registration Number 035176
Incorporation Date 05 January 2016
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0006665
Recognitions & Rankings of Waystar Hosiery
Contact details
Waystar Hosiery Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMaharaja Complex First Floor Shop No.4 Kothari Market, Indore, Madhya Pradesh, India – 452007
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Waystar Hosiery Private Limited, buy the company report.
Comprehensive company report
Waystar Hosiery 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 Waystar Hosiery is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Waystar Hosiery Private Limited, buy the company report.
Financials of Waystar Hosiery Private Limited
FY 2024 filings availableWaystar Hosiery Private Limited reported revenue of ₹6.55 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹6.55 Cr ▲ 9%
Net profit · FY 2025
₹7.05 Lakh margin 1.1%
EBITDA · FY 2025
₹32.13 Lakh margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 9%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 15%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 9% growth in the latest year. EBITDA rose 37% 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 | ₹32.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.05 Lakh | ||||
| Balance Sheet | |||||
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| Trade Receivables | |||||
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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 | 4.9% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Waystar Hosiery Private Limited, buy the company report.
Board of directors of Waystar Hosiery Private Limited
Waystar Hosiery has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Joshi | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
| Abhishek Joshi | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
| Rupali Joshi | Director | 05 Jan 2016 | 10 Years 9 Months | Current |
Peer comparison
Waystar Hosiery Private Limited is compared with the 5 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Hosiery), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Sharda Kanjur Enterprises Private Limited | ₹6.58 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Tulsiyana Sports and Apparels Private Limited | ₹6.58 Cr (FY 2025) | 54.0% | Indore, Madhya Pradesh, India | |||
| Waystar Hosiery Private Limitedthis company | ₹6.55 Cr (FY 2025) | ₹7.05 Lakh | 1.1% | 9.0% | Indore, Madhya Pradesh, India | |
| Morpheus Care Limited | ₹6.53 Cr (FY 2019) | -85.0% | New Delhi, Delhi, India | |||
| Aplaya Fashions Limited | ₹6.51 Cr (FY 2025) | 82.0% | Kolkata, West Bengal, India | |||
| Sapper Lifestyle Private Limited | ₹6.5 Cr (FY 2025) | -21.0% | Delhi, India |
To see the full peer comparison of Waystar Hosiery Private Limited, buy the company report.
Auditor
Waystar Hosiery Private Limited is audited by Piyush Gangwal & Company for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Piyush Gangwal & Company | FY 2024 | 409319 |
Shareholding
The shareholding of Waystar Hosiery Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Waystar Hosiery Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.66 Cr
Satisfied charges
₹1.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Mar 2025 | 101086189 | Others | ₹1.51 Cr | Open | |
| 11 Nov 2024 | 101016140 | Others | ₹14.95 Lakh | Open | |
| 11 Nov 2020 | 100405378 | Canara Bank | ₹1.57 Cr | Satisfied |
To see the full charge records of Waystar Hosiery Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Waystar Hosiery Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Court case (CS (COMM.)) | Filed against the company by GP Stallion Industries Pvt Ltd | Pending |
To see the full case history of Waystar Hosiery 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 Waystar Hosiery Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Waystar Hosiery has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCW7583J1ZY | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Waystar Hosiery Private Limited, buy the company report.
Recent activity
Waystar Hosiery Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Abhishek Joshi was appointed as Director on 05 Jan 2016.
Charges
A charge registered on 11 Nov 2020 via Charge ID 100405378 with Canara Bank was fully satisfied on 02 Apr 2025.
Charges
A charge with Others amounted to Rs. 151.17 Lakh with Charge ID 101086189 was registered on 24 Mar 2025.
Charges
A charge with Others amounted to Rs. 14.95 Lakh with Charge ID 101016140 was registered on 11 Nov 2024.
AGM
Waystar Hosiery Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 156.56 Lakh registered on 11 Nov 2020 with Charge ID 100405378 was modified on 05 Apr 2024.
Filing
Waystar Hosiery Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Canara Bank amounted to Rs. 156.56 Lakh with Charge ID 100405378 was registered on 11 Nov 2020.
Appointed
Abhishek Joshi was appointed as Director.
Appointed
Rahul Joshi was appointed as Director.
Appointed
Rupali Joshi was appointed as Director.
Incorporation
05 Jan 2016
Waystar Hosiery Private Limited was registered on 05 Jan 2016 with Roc Gwalior & aged 10 years 9 months as per MCA records.
Frequently asked questions
Waystar Hosiery is an active private limited company based in Indore, Madhya Pradesh, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 05 January 2016 (10+ years old) and is registered under CIN U51310MP2016PTC035176.
Waystar Hosiery has 3 current directors:
- Rahul Joshi - Director
- Abhishek Joshi - Director
- Rupali Joshi - Director
The latest financial statements of Waystar Hosiery 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 2016 are in the company report.
The GSTIN of Waystar Hosiery is 23AABCW7583J1ZY, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Waystar Hosiery is U51310MP2016PTC035176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Waystar Hosiery has 1 court case on record: 1 filed against it. 1 is pending.
Waystar Hosiery was incorporated on 05 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Waystar Hosiery by revenue are Shri Sharda Kanjur Enterprises Private Limited, Tulsiyana Sports and Apparels Private Limited, Morpheus Care Limited, Aplaya Fashions Limited, Sapper Lifestyle Private Limited, all in the Apparel industry (Apparel Retail and Distribution, Hosiery), with the same principal business activity (wholesale trading).
Abhishek Joshi was appointed as Director on 05 Jan 2016. Rahul Joshi was appointed as Director on 05 Jan 2016. Rupali Joshi was appointed as Director on 05 Jan 2016.
Yes, Waystar Hosiery is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0006665).
The registered office of Waystar Hosiery is at Maharaja Complex First Floor Shop No.4 Kothari Market, Indore, Madhya Pradesh, India – 452007.