- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0001740

About Zebra Fashion Private Limited
Data last updated:
Zebra Fashion Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 11 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U18101MP2006PTC019111. Its GSTIN is 23AAACZ2778H1Z6 (Madhya Pradesh).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹19.48 Lakh. It is led by directors Maheep Tulshyan (Managing Director) and Praneet Tulshyan.
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 Ug – 9 Silver Estate Minalshree Building 19/1 Y.N. Road, Indore, Madhya Pradesh, India – 452004.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.43 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Cr (net margin -77.1%) and EBITDA of -₹2.09 Lakh (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 25% over five years.
The company has about 216 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.5 Cr and satisfied charges of ₹1.7 Cr on record. Court records list 33 cases involving the company, including 1 filed by the company and 32 filed against it; 5 cases are pending.
Zebra Fashion Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0001740). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zebrafashion.co.in.
Company details
Recognitions & Rankings of Zebra Fashion
Contact details
Zebra Fashion Private Limited's registered office is in Indore, Madhya Pradesh. Its website is zebrafashion.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUg – 9 Silver Estate Minalshree Building 19/1 Y.N. Road, Indore, Madhya Pradesh, India – 452004
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Zebra Fashion 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 Zebra Fashion is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Zebra Fashion Private Limited, buy the company report.
Financials of Zebra Fashion Private Limited
FY 2025 filings availableZebra Fashion Private Limited reported revenue of ₹2.43 Cr (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 33% fall in the latest year. EBITDA fell 101% 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 |
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| EBITDA | -₹2.09 Lakh | ||||
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| Net Profit (PAT) | -₹1.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -77.1% | ||||
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To see the full financial statements and ratios of Zebra Fashion Private Limited, buy the company report.
Board of directors of Zebra Fashion Private Limited
Zebra Fashion has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheep Tulshyan | Managing Director | 11 Dec 2006 | 19 Years 10 Months | Current |
| Praneet Tulshyan | Director | 10 Jun 2014 | 12 Years 4 Months | Current |
Peer comparison
Zebra Fashion Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Riddhima Apparels Private Limited | ₹2.44 Cr (FY 2017) | 94.0% | Gurgaon, Haryana, India | |||
| Ats Creations Private Limited | ₹2.43 Cr (FY 2025) | -11.0% | Gurgaon, Haryana, India | |||
| Zebra Fashion Private Limitedthis company | ₹2.43 Cr (FY 2024) | -₹1.87 Cr | -77.1% | -33.0% | 216 | Indore, Madhya Pradesh, India |
| Rang Sutra Craft Duniya Producer Company Limited | ₹2.4 Cr (FY 2024) | -24.0% | New Delhi, Delhi, India |
To see the full peer comparison of Zebra Fashion Private Limited, buy the company report.
Auditor
Zebra Fashion Private Limited is audited by NAGORI NUWAL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGORI NUWAL & CO | FY 2021 | 008185C |
Shareholding
The shareholding of Zebra Fashion Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Zebra Fashion Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Dec 2018 | 100229012 | Others | ₹6.5 Cr | Open | |
| 16 Oct 2009 | 10181064 | State Bank of India | ₹1.7 Cr | Satisfied |
To see the full charge records of Zebra Fashion Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Zebra Fashion Private Limited has 33 court cases on record: 1 filed by Zebra Fashion, 32 filed against it. 5 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 32 | 5 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Continental Carriers P.Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Dhaga Ghar Thread Pvt Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Arvind Ltd | Pending |
| District court, Ahmedabad, Gujarat | Court case (CMA SC) | Filed against the company by Nandan Denim Limited Through Pradipkumar Prajapati | Disposed |
| District court, Bhopal, Madhya Pradesh | Court case (UN CR) | Filed against the company by M/S Bhaskar Industries Pvt. Ltd. THR. Bijendra Shandil | Disposed |
To see the full case history of Zebra Fashion 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 Zebra Fashion Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zebra Fashion Private Limited has a workforce of 216 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Zebra Fashion has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACZ2778H1Z6 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Zebra Fashion Private Limited, buy the company report.
Recent activity
Zebra Fashion Private Limited has 9 board changes on record since 2006: 2 appointments and 7 cessations. The latest: Bhavik Harakhchand Shah ceased to be Director on 03 Oct 2017.
4 earlier events are in the company report.
Frequently asked questions
Zebra Fashion is an active private limited company based in Indore, Madhya Pradesh, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 11 December 2006 (20+ years old) and is registered under CIN U18101MP2006PTC019111.
Zebra Fashion has 2 current directors:
- Maheep Tulshyan - Managing Director
- Praneet Tulshyan - Director
The latest financial statements of Zebra Fashion 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 Zebra Fashion is 23AAACZ2778H1Z6, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Zebra Fashion is U18101MP2006PTC019111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zebra Fashion has 33 court cases on record: 1 filed by the company and 32 filed against it. 5 are pending.
Zebra Fashion was incorporated on 11 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Zebra Fashion by revenue are Riddhima Apparels Private Limited, Ats Creations Private Limited, Rang Sutra Craft Duniya Producer Company Limited, all in the Apparel industry (Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Bhavik Harakhchand Shah ceased to be Director on 03 Oct 2017. Chacko Abraham Puthoor ceased to be Director on 03 Oct 2017. Praneet Tulshyan ceased to be Additional Director on 30 Sep 2014. Zebra Fashion has 9 board changes on record in total.
Yes, Zebra Fashion is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0001740).
Zebra Fashion can be reached through the website zebrafashion.co.in. Its registered office is in Indore, Madhya Pradesh, India.

