Promoter holding
64.27%
GI
Ginza Industries Ltd. - Due diligence report
A 360° intelligence report on Ginza Industries: trust score, financial health, credit view, compliance, directors, growth and distress signa…
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Ginza Industries — 360° Intelligence Report
Generated from MCA filings & public records78/100
Trust Score
Low Risk
Ginza Industries is assessed as Low Risk with a Trust Score of 78/100. Ginza Industries is an active public limited indian non-government company incorporated in 1986, operating in the Fashion and Textile sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and moderate financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Ginza Industries Ltd. snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
55/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 50/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (BBB-).
Charges position: 20 open (291.50 cr) · 97 satisfied (497.27 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 39 | 48.0 cr |
| Union Bank Of India | 24 | 48.0 cr |
| State Bank Of India | 8 | 48.0 cr |
| Industrial Development Bank Of India | 4 | 48.0 cr |
| Bank Of India | 8 | 48.0 cr |
| The South Indian Bank Limited | 2 | 48.0 cr |
Compliance Score: 68/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- 1 auditor resignation(s) filed - latest: Shrawan Kumar & Co. on 2024-03-28.
- Delayed payments to MSME suppliers disclosed (5 disclosure(s)).
- 9 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| ARVIND KUMAR SETHIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SURESH KUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHOK KUMAR SETHIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RITA ASHOK SETHIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Mayank Bhopal Ranka | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| LAXMIPAT BANTHIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MANOJ KUMAR SETHIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Akanksha Jaisingh Rathore | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 8 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2025)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Twistex India Ltd
Subsidiaries
1
Group entities
1
Capital events
0 allotment(s) · 18 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Ginza Lifestyles Limited | Subsidiary Company | 74.00% |
| Twistex India Ltd | Holding Company | 74.00% |
| Shree Ganesh Integrated Textile Park Private Limited | Associate Company | 74.00% |
Key managerial personnel: ARVIND KUMAR SETHIA (Managing Director) · ASHOK KUMAR SETHIA (Managing Director) · RITA ASHOK SETHIA (Whole-time director) · LAXMIPAT BANTHIA (Whole-time director) · MANOJ KUMAR SETHIA (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 55 · Distress 75
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Net margin improved to 2.1x.
Operating for 39+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
20 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 2.76 Lakh.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence73/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment60/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 20 open charge(s) of 291.50 cr already registered.
- Compliance gaps should be priced into terms.
Investor view66/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events02 Mar 2026
Charge satisfied
Others
12 Feb 2026
Charge satisfied
Others
03 Feb 2026
Charge satisfied
State Bank Of India
08 Oct 2025
Charge created
Others - 17.00 Lakh
30 Sep 2025
Last AGM held
Annual general meeting
11 Aug 2025
Charge created
Others - 19.90 Lakh
31 Mar 2025
Charge satisfied
Others
Latest balance sheet
Filed with ROC
12 Feb 2025
Charge satisfied
Idbi Bank Limited
28 Jan 2025
Charge created
Others - 36.93 cr
08 Jan 2025
Charge created
Hdfc Bank Limited - 15.47 Lakh
26 Dec 2024
Charge satisfied
Bank Of India
23 Dec 2024
Director appointed
Mayank Bhopal Ranka (Additional Director)
19 Nov 2024
Charge created
Others - 41.00 cr
23 Oct 2024
Director appointed
Akanksha Jaisingh Rathore (Company Secretary)
10
Key Observations
Auto-generated from the data aboveRevenue declined 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
8 active director(s) / partner(s); board looks stable and experienced.
9 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of BBB- from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Saam Textiles | U52320MH1999PTC123157 | Mumbai, Maharashtra, India |
| Ecoline Exim Limited | U51900WB2008PLC127429 | Kolkata, West Bengal, India |
| Komal Texfab Pvt Ltd | U17114GJ1990PTC014141 | Daskroi, Gujarat, India |
| Todi Rayons Private Limited | U17110GJ1997PTC031499 | Surat, Gujarat, India |
| Jain Amar Clothing | U45202PB2006PTC030070 | Ludhiana, Punjab, India |
| Radiant Textiles Private Limited | U17110PB2005PTC029077 | Samana, Punjab, India |
| Bansal Spinning Mills Private Limited | U17115PB1998PTC020944 | Sahnewal, Punjab, India |
| Rdb Textiles Ltd. | U85100WB1995PLC074861 | Kolkata, West Bengal, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Ginza Industries before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Ginza Industries: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 55/100, margin trends, ownership structure and peer set for Ginza Industries - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Ginza Industries pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Ginza Industries - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Ginza Industries an active company?
Ginza Industries has MCA status “Active” with a compliance score of 68/100 (Moderate).
Is Ginza Industries financially healthy?
Ginza Industries has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.
Should I do business with Ginza Industries?
Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Ginza Industries?
The ultimate holding entity is Twistex India Ltd. 8 active director(s) are on record.
Does Ginza Industries have loans or charges against its assets?
20 open charge(s) are registered against its assets, and 97 earlier charge(s) stand satisfied.
Is Ginza Industries up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 68/100 (Moderate).
Is it risky to lend to Ginza Industries?
Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
