Indian Stitches Private Limited

Manufacturer, trader, and exporter of ready-made garments and fabrics, also offering dyeing services.

2003 | Coimbatore District., Tamil Nadu (India) | Active
Last Updated: July 26, 2024

Indian Stitches Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.57 Cr
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 47.98 Cr
  • Satisfied Charges ₹ 37.89 Cr
  • Revenue Growth 33.20%
  • Profit Growth 78.48%
  • Ebitda 48.62%
  • Net Worth 21.20%
  • Total Assets 49.01%

About Indian Stitches

Indian Stitches Private Limited (ISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 June 2003 and has a history of 21 years and eight months. Its registered office is in Coimbatore District., Tamil Nadu, India.

The Company is engaged in the Fashion And Textile Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 3.57 Cr.

The company currently has active open charges totaling ₹47.98 Cr. The company has closed loans amounting to ₹37.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vishal Kumar and Sonal Sehgal serve as directors at the Company.

Company Details

  • Location

    Coimbatore District., Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    indianstitches.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101TZ2003PTC010648

  • Company No.

    010648

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Fashion and Textile

Who are the key members and board of directors at Indian Stitches?

Board Members (2)

NameDesignationAppointment DateStatus
Vishal Kumar Country flag representing In Director 27-Jun-2003Current
Sonal Sehgal Country flag representing In Director 21-Oct-2014Current

Financial Performance of Indian Stitches.

Indian Stitches Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.2% increase. The company also saw a substantial improvement in profitability, with a 78.48% increase in profit. The company's net worth Soared by an impressive increase of 21.2%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
33.20%
Revenue from Operations
33.49%
Total Assets
49.01%
Profit or Loss
78.48%
Net Worth
21.20%
EBITDA
48.62%

What is the Ownership and Shareholding Structure of Indian Stitches?

In 2023, Indian Stitches had a promoter holding of 92.69% and a public holding of 7.30%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.98 Cr

Satisfied Charges

₹37.89 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 47.98 Cr

Latest Charge Details

DateLenderAmountStatus
23 Mar 2017Hdfc Bank Limited₹47.98 CrOpen
10 Feb 2010Bank Of India₹14.39 CrSatisfied
20 Feb 2006Abn Amro Bank N V₹23.50 CrSatisfied

How Many Employees Work at Indian Stitches?

Indian Stitches has a workforce of 279 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Indian Stitches, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indian Stitches's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Indian Stitches

Recent activity within the organization

  • Annual General Meeting

    Indian Stitches Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Indian Stitches Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 47.98 Cr registered on 23 Mar 2017 with Charge ID 100091983 was modified on 29 Aug 2022.

    29 Aug 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 47.98 Cr with Charge ID 100091983 was registered on 23 Mar 2017.

    23 Mar 2017

  • Charges

    A charge registered on 10 Feb 2010 via Charge ID 10203752 with Bank Of India was fully satisfied on 30 Jan 2017.

    30 Jan 2017

  • Charges

    A charge with Bank Of India of Rs. 14.39 Cr registered on 10 Feb 2010 with Charge ID 10203752 was modified on 21 Oct 2014.

    21 Oct 2014

Frequently asked questions

  • Indian Stitches Private Limited was incorporated on 27 Jun 2003.

  • The authorized share capital of Indian Stitches Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.57 Cr.

  • Currently 2 directors are associated with Indian Stitches Private Limited.

    • Vishal Kumar
    • Sonal Sehgal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Stitches Private Limited is 24/64Asher Nagar Tirupur, Coimbatore District., Tamil Nadu, India, 641603.

  • The corporate identification number (CIN) of Indian Stitches Private Limited is U18101TZ2003PTC010648 and the company number is 010648 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Indian Stitches Private Limited is https://www.indianstitches.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indian Stitches Private Limited has risen by 33.20%.

  • As Per 2023 financial reports, 279 employees are currently employed by Indian Stitches Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indian Stitches Private Limited has experienced an upsurge of 21.20%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indian Stitches Private Limited amount to ₹ 47.98 Cr.

  • The most recent Balance Sheet for Indian Stitches Private Limited was filed with the ROC on 31 Mar 2023.

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