About Zivore Apparel Private Limited
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Zivore Apparel Private Limited is a private limited company based in Delhi, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 05 May 2022.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18109DL2022PTC397831. Its GSTIN is 07AABCZ9553F1Z0 (Delhi). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹42.36 Cr and a paid-up capital of ₹40.75 Cr. It is led by directors including Sidhant Keshwani and Sunil Kumar Keshwani.
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 D – 41 G/F Lajpat Nagar – II Near Park Line, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹612.17 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹16.45 Cr (net margin -2.7%) and EBITDA of -₹8.29 Cr (EBITDA margin -1.4%).
The company has about 1,075 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Libas. As per MCA filings, the company has open charges of ₹96.94 Cr and satisfied charges of ₹9.5 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 8 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹150 Cr; the latest was in May 2024. Its 6 peer companies in the Apparel industry (Apparel, Branded Wear), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 4 smaller; the largest is LTK Industries Private Limited with revenue of ₹691.16 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website libas.in.
Company details
Contact details
Zivore Apparel Private Limited's registered office is in Delhi, Delhi. Its website is libas.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressD – 41 G/F Lajpat Nagar – II Near Park Line, Delhi, India – 110024
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Zivore Apparel 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 Zivore Apparel 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 Zivore Apparel Private Limited, buy the company report.
Financials of Zivore Apparel Private Limited
FY 2025 filings availableZivore Apparel Private Limited reported revenue of ₹612.17 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹612.17 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹8.29 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹16.45 Cr | ||
| 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 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.4% | ||
| Net Profit Margin | -2.7% | ||
| 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 Zivore Apparel Private Limited, buy the company report.
Board of directors of Zivore Apparel Private Limited
Zivore Apparel has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidhant Keshwani Also directs: Saarya Lifestyle Private Limited, Zivore Design Private Limited | Director | 05 May 2022 | 4 Years 6 Months | Current |
| Sunil Kumar Keshwani Also directs: Saarya Lifestyle Private Limited, Lal Sai Estates Private Limited, Century 21 Infrastructure Limited and 3 more | Director | 05 May 2022 | 4 Years 6 Months | Current |
| Gagandeep Singh Chhina Also directs: Cello World Limited, Solvy Tech Solutions Private Limited | Nominee Director | 30 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Zivore Apparel Private Limited is compared with the 6 companies closest to it by revenue in the Apparel industry (Apparel, 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 |
|---|---|---|---|---|---|---|
| LTK Industries Private Limited | ₹691.16 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Matrix Clothing Private Limited | ₹653.37 Cr (FY 2024) | -36.0% | Gurgaon, Haryana, India | |||
| Zivore Apparel Private Limitedthis company | ₹612.17 Cr (FY 2025) | -₹16.45 Cr | -2.7% | 25.0% | 1,075 | Delhi, India |
| GBTL Limited | ₹588.8 Cr (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| Royal Classic Mills Private Limited | ₹572.64 Cr (FY 2024) | -19.0% | Coimbatore, Tamil Nadu, India | |||
| Harman Cottex & Seeds Private Limited | ₹530.53 Cr (FY 2025) | -4.0% | Khargone, Madhya Pradesh, India | |||
| Mangla Apparels India Private Limited | ₹517.32 Cr (FY 2025) | 28.0% | Delhi, India |
To see the full peer comparison of Zivore Apparel Private Limited, buy the company report.
Auditor
Zivore Apparel Private Limited is audited by P.K. Arora & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K. Arora & Co. | FY 2024 | 011769N |
Shareholding
The shareholding of Zivore Apparel Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Zivore Apparel Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jun 2026 | 101310530 | Others | ₹30 Cr | Open | |
| 29 May 2025 | 101102033 | Yes Bank Limited | ₹25 Cr | Open | |
| 27 May 2024 | 100928583 | Others | ₹15 Lakh | Open | |
| 31 May 2023 | 100755963 | Hdfc Bank Limited | ₹29 Lakh | Open | |
| 07 Oct 2022 | 100620447 | Hdfc Bank Limited | ₹1.5 Cr | Open |
To see the full charge records of Zivore Apparel Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Zivore Apparel Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹150 Cr; the latest was in May 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Funding round | ₹150 Cr | Investors: Icici Venture |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Zivore Apparel Private Limited has 10 court cases on record: 7 filed by Zivore Apparel, 3 filed against it. 8 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 2 | 6 |
| High courts | 2 | 1 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed against the company by Zee Entertainment Enterprises Limited | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against Sprandi International Private Limited | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against Spoton Logistics Private Limited and 2 others | Pending |
| District court, South East, Delhi | Cheque dishonour complaint | Filed by the company against M/S Sprandi International Pvt. Ltd. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P. | Pending |
To see the full case history of Zivore Apparel 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 Zivore Apparel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Zivore Apparel Private Limited has a workforce of 1,075 employees on its EPFO records as of Mar 18, 2025, across 1 active EPFO establishment.
GST
Zivore Apparel has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCZ9553F1Z0 | Delhi | Active | 21 May 2022 |
| 09AABCZ9553F1ZW | Uttar Pradesh | Active | 19 May 2022 |
| 06AABCZ9553F1Z2 | Haryana | Active | 02 Jun 2022 |
| 27AABCZ9553F1ZY | Maharashtra | Active | 12 Jul 2022 |
To see the full GST registrations and return filing status of Zivore Apparel Private Limited, buy the company report.
Recent activity
Zivore Apparel Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Gagandeep Singh Chhina was appointed as Nominee Director on 30 May 2024.
3 earlier events are in the company report.
News
Frequently asked questions
Zivore Apparel is an active private limited company based in Delhi, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 05 May 2022 (4+ years old) and is registered under CIN U18109DL2022PTC397831.
Zivore Apparel has 3 current directors:
- Sidhant Keshwani - Director
- Sunil Kumar Keshwani - Director
- Gagandeep Singh Chhina - Nominee Director
The latest financial statements of Zivore Apparel 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 FY 2023 are in the company report.
The GSTIN of Zivore Apparel is 07AABCZ9553F1Z0, registered in Delhi. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 09AABCZ9553F1ZW (Uttar Pradesh), 06AABCZ9553F1Z2 (Haryana), 27AABCZ9553F1ZY (Maharashtra).
The CIN (Corporate Identification Number) of Zivore Apparel is U18109DL2022PTC397831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zivore Apparel has 10 court cases on record: 7 filed by the company and 3 filed against it. 8 are pending. Most are in the district courts.
Zivore Apparel was incorporated on 05 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Delhi.
Zivore Apparel has 1 deal on record (1 funding round), with disclosed funding of ₹150 Cr; the latest was in May 2024.
The peers of Zivore Apparel by revenue are LTK Industries Private Limited, Matrix Clothing Private Limited, GBTL Limited, Royal Classic Mills Private Limited, Harman Cottex & Seeds Private Limited and 1 more, all in the Apparel industry (Apparel, Branded Wear), with the same principal business activity (textile, leather and other apparel products).
Gagandeep Singh Chhina was appointed as Nominee Director on 30 May 2024. Sidhant Keshwani was appointed as Director on 05 May 2022. Sunil Kumar Keshwani was appointed as Director on 05 May 2022.
Zivore Apparel can be reached through the website libas.in. Its registered office is in Delhi, India.
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