Weavestar Textiles Private Limited

Weavestar Textiles Private Limited - home & lifestyle in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U51909GJ2018PTC105169 Incorporated 13 November 2018 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company home and lifestyle MSME · Micro
Data last updated
Revenue · FY 2024
₹4.72 Cr
▲ 58% YoY
Net profit · FY 2024
₹10.2 Lakh
Net margin 2.2%
EBITDA · FY 2024
₹28.21 Lakh
EBITDA margin 6%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Satisfied charges
₹40 Lakh
No open charges
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Weavestar Textiles Private Limited

Data last updated:

Weavestar Textiles Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 13 November 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51909GJ2018PTC105169. Its GSTIN is 24AACCW3142L1ZC (Gujarat). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Nafis Ahsanali Saiyed and Amitabh Arunkumar Sen.

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 D – 508 The First B/S Keshavbaug Party Plot B/H Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.72 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹10.2 Lakh (net margin 2.2%) and EBITDA of ₹28.21 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 123% over five years.

The company is associated with 1 brand: Weavestartextiles. As per MCA filings, the company has satisfied charges of ₹40 Lakh on record.

Weavestar Textiles Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0118632). For more details, the company can be reached via its website weavestartextiles.com.

Company details

CIN U51909GJ2018PTC105169
Registration Number 105169
Incorporation Date 13 November 2018
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0118632

Recognitions & Rankings of Weavestar Textiles

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0118632

Contact details

Weavestar Textiles Private Limited's registered office is in Ahmedabad, Gujarat. Its website is weavestartextiles.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D – 508 The First B/S Keshavbaug Party Plot B/H Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015
  • Industry
    Home & Lifestyle, Textile Retail & Distribution

To see the full contact details of Weavestar Textiles Private Limited, buy the company report.

Comprehensive company report
Weavestar Textiles 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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Brands

Weavestar Textiles operates one associated brand: Weavestartextiles. Each brand links to its own profile.

Financials of Weavestar Textiles Private Limited

FY 2024 filings available

Weavestar Textiles Private Limited reported revenue of ₹4.72 Cr (up 58% YoY) for FY 2024.

Revenue · FY 2024
₹4.72 Cr ▲ 58%
Net profit · FY 2024
₹10.2 Lakh margin 2.2%
EBITDA · FY 2024
₹28.21 Lakh margin 6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 58%
3 years · compounded
▲ 42%
5 years · compounded
▲ 123%
EBITDA CAGR growth
1 year
▲ 73%
3 years · compounded
▲ 552%
5 years · compounded
▲ 288%

Revenue has grown at a compounded annual rate (CAGR) of 123% over five years, including 58% growth in the latest year. EBITDA rose 73% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹28.21 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.2 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6%
Net Profit Margin2.2%
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 Weavestar Textiles Private Limited, buy the company report.

Board of directors of Weavestar Textiles Private Limited

Weavestar Textiles has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nafis Ahsanali SaiyedDirector13 Nov 20187 Years 11 MonthsCurrent
Amitabh Arunkumar SenDirector13 Nov 20187 Years 11 MonthsCurrent

Auditor

Weavestar Textiles Private Limited is audited by KABIR ABDULKADARBHAI MANSURI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KABIR ABDULKADARBHAI MANSURIFY 2023126585

Shareholding

The shareholding of Weavestar Textiles 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Weavestar Textiles Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹40 Lakh
Breakdown by lending institutions
Yes Bank Limited₹0.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 May 2022100578703Yes Bank Limited₹40 LakhSatisfied

To see the full charge records of Weavestar Textiles Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Weavestar Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Weavestar Textiles has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AACCW3142L1ZCGujaratActive22 Jan 2019
29AACCW3142L1Z2KarnatakaActive30 Nov 2023
06AACCW3142L1ZAHaryanaActive06 Feb 2024

To see the full GST registrations and return filing status of Weavestar Textiles Private Limited, buy the company report.

Recent activity

Weavestar Textiles Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Amitabh Arunkumar Sen was appointed as Director on 13 Nov 2018.

AGM
Weavestar Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Weavestar Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 25 May 2022 via Charge ID 100578703 with Yes Bank Limited was fully satisfied on 31 Jul 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100578703 was registered on 25 May 2022.
Appointed
Amitabh Arunkumar Sen was appointed as Director.
Appointed
Nafis Ahsanali Saiyed was appointed as Director.
Incorporation
13 Nov 2018
Weavestar Textiles Private Limited was registered on 13 Nov 2018 with Roc Ahmedabad & aged 7 years 11 months as per MCA records.

Frequently asked questions

Weavestar Textiles is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 13 November 2018 (8+ years old) and is registered under CIN U51909GJ2018PTC105169.

Weavestar Textiles has 2 current directors:

The latest financial statements of Weavestar Textiles 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 2019 are in the company report.

The GSTIN of Weavestar Textiles is 24AACCW3142L1ZC, registered in Gujarat. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AACCW3142L1Z2 (Karnataka), 06AACCW3142L1ZA (Haryana).

The CIN (Corporate Identification Number) of Weavestar Textiles is U51909GJ2018PTC105169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Weavestar Textiles was incorporated on 13 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Amitabh Arunkumar Sen was appointed as Director on 13 Nov 2018. Nafis Ahsanali Saiyed was appointed as Director on 13 Nov 2018.

Yes, Weavestar Textiles is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0118632).

Weavestar Textiles can be reached through the website weavestartextiles.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Weavestar Textiles is at D – 508 The First BS Keshavbaug Party Plot BH Itc Hotel Vastrapur, Ahmedabad, Gujarat, India – 380015.