Company Intelligence Profile
French Crown Private Limited
Surat-based premium D2C menswear brand French Crown Pvt Ltd (inc. 2021, founders Ilesh & Bhavdip Ghevariya), export-heavy (~84 countries) with ~₹58-72 Cr revenue, Velocity-funded, unrated and unlisted.
CIN: U18101GJ2021PTC125125Active (unlisted private company)RoC-Ahmedabad (Gujarat)Confidence: high
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | French Crown Private Limited |
|---|---|
| CIN | U18101GJ2021PTC125125 |
| PAN | AAECF6978K (derived from GSTIN 24AAECF6978K1Z3; confirmed) |
| Status | Active (unlisted private company) |
| Listing | No — unlisted private limited company (Company Limited by Shares, Non-govt) |
| Incorporated | 26 August 2021 |
| ROC | RoC-Ahmedabad (Gujarat) |
| Sector (NIC) | CIN activity class 18101 — Manufacture of all types of textile garments and clothing accessories (MCA industry classification). Operates as a premium/luxury D2C menswear brand. |
| Registered address | 3001-3002 RRTM, Phase B, Passage 2/2, Saroli Village, Taluka Chorasi, Surat Textile Market, Surat City, Surat, Gujarat 395002 |
| Authorized capital | ₹2,50,00,000 (₹2.5 crore) |
| Paid-up capital | ₹1,99,98,000 (~₹2.0 crore) |
Business Overview
Confirmed- French Crown is a Surat-based premium/luxury menswear direct-to-consumer (D2C) brand, marketed as a sustainable "luxury fast-fashion" label
- The brand was launched in 2017 by brothers Bhavdip and Ilesh Ghevariya
- the private limited entity was incorporated on 26 August 2021
- It sells shirts, suits, ethnic wear, trousers, boxers and accessories (3,000+ SKUs) primarily online via frenchcrown.com, with strong export orientation — reported presence in 84-91 countries and >60% of revenue from outside India
- The company appeared on Shark Tank India Season 1 (sought ₹1.5 crore for 0.33% equity, ~₹454 crore implied valuation) but did not secure a deal
Directors & DINs
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Ilesh Bhikhabhai Ghevariya | 09294407 | - | 26 Aug 2021 |
GST Registrations
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 24AAECF6978K1Z3 | Gujarat | AAECF6978K (derived from GSTIN 24AAECF6978K1Z3; confirmed) | Active |
| 26AAECF6978K1ZZ | Dadra & Nagar Haveli and Daman & Diu | AAECF6978K (derived from GSTIN 24AAECF6978K1Z3; confirmed) | - |
Primary GSTIN: 24AAECF6978K1Z3 (Gujarat, home state), registered 01 Oct 2021, taxpayer type Regular/Private Limited, status Active. PAN: AAECF6978K. Registrations under PAN: 2 — Gujarat (24AAECF6978K1Z3) and Dadra & Nagar Haveli and Daman & Diu (26AAECF6978K1ZZ). Source: knowyourgst, piceapp.
Financials
Partial / conflicting- Standalone (no known subsidiaries)
- Latest available: FY2024 operating revenue ~₹57.65 crore, +31% YoY (TheCompanyCheck)
- Press reports cite an annual run-rate of ~₹72 crore with ~20% net margin
- FY2023 (Tofler): EBITDA up 216.06% YoY, book net worth up 7.09% YoY, revenue in the ₹1-100 crore band
- Exact EBITDA / PAT / net worth / borrowings figures: not obtained (behind paywalls)
- Treat revenue as partial/single-source
- run-rate is press-stated
Funding
Partial / conflicting- Velocity revenue-based financing: initial ₹2 crore, ~₹8.6 crore total across tranches (~$1.31M, 2 rounds)
- Reported ₹30 crore Donear Suiting investment (2023) is DISPUTED — Donear Industries Ltd. denied it (Sept 2023)
- No Shark Tank deal
Charges & Loans
Partial / conflicting- Open/secured charges ~₹2.35 crore
- satisfied charges ~₹2.49 crore (TheCompanyCheck)
- Likely tied to Velocity/bank financing
- Charge-holder names and detailed charge IDs: not obtained (behind premium membership on Falconebiz)
Legal / Litigation
Confirmed- One case found on Indian Kanoon: French Crown Private Limited vs The State of Karnataka — Karnataka High Court, Criminal Petition No. 6993 of 2024, order dated 29 July 2024 (Justice M. Nagaprasanna)
- Entity described with Radha Raman Textile Market (RRTM) Surat address, consistent with this company
- Nature of dispute not fully detailed in the summary
Competitors
Confirmed- Premium / D2C menswear peers: Snitch (fast-growing D2C, mid-scale), Rare Rabbit / House of Rare (larger, ~₹600+ Cr), The Souled Store (larger D2C), Bombay Shirt Company (similar/mid-scale, custom shirting), XYXX (innerwear/casuals, mid-scale), DaMENSCH (mid-scale D2C), Blackberrys (large legacy menswear)
- French Crown is smaller-scale (~₹57-72 Cr revenue) but export-heavy vs these India-focused peers
Frequently Asked Questions
What does French Crown Private Limited do?
Surat-based premium D2C menswear brand French Crown Pvt Ltd (inc. 2021, founders Ilesh & Bhavdip Ghevariya), export-heavy (~84 countries) with ~₹58-72 Cr revenue, Velocity-funded, unrated and unlisted.
What is the CIN of French Crown Private Limited?
The Corporate Identification Number (CIN) of French Crown Private Limited is U18101GJ2021PTC125125.
Where is French Crown Private Limited registered?
French Crown Private Limited is registered with RoC-Ahmedabad (Gujarat). Registered address: 3001-3002 RRTM, Phase B, Passage 2/2, Saroli Village, Taluka Chorasi, Surat Textile Market, Surat City, Surat, Gujarat 395002.
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