Metaman Brands Private Limited

Metaman Brands Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U52609KA2022PTC157483 Incorporated 03 February 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company e-commerce DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹5.63 Cr
▲ 461% YoY
Net loss · FY 2024
₹3.4 Cr
Net margin -60.5%
EBITDA · FY 2024
-₹3.33 Cr
EBITDA margin -59.2%
Authorised capital
₹11.35 Lakh
Registered with MCA
Paid-up capital
₹1.53 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered

About Metaman Brands Private Limited

Data last updated:

Metaman Brands Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 03 February 2022.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52609KA2022PTC157483. Its GSTIN is 29AAPCM4280L1ZQ (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹11.35 Lakh and a paid-up capital of ₹1.53 Lakh. It is led by directors Anil Kumar Shetty and Harsh Narendra Maskara.

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 No 18 Dr. M.H Marigowda Road Chikkalakshmaiah Layout Adugodi Bangalore, Karnataka, India – 560029.

As per the financials filed for FY 2024, the company reported a revenue of ₹5.63 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.4 Cr (net margin -60.5%) and EBITDA of -₹3.33 Cr (EBITDA margin -59.2%).

The company is associated with 1 brand: Drip Project. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹12.16 Cr; the latest was in April 2024. Its 6 peer companies in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading) are compared by revenue, 4 larger and 2 smaller; the largest is Ebullion Private Limited with revenue of ₹6.81 Cr.

Metaman Brands Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0146133). For more details, the company can be reached via its website metaman.fashion.

Company details

CIN U52609KA2022PTC157483
Registration Number 157483
Incorporation Date 03 February 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0146133
Key People
Anil Kumar Shetty Director Harsh Narendra Maskara Director

Recognitions & Rankings of Metaman Brands

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-KR-03-0146133

Contact details

Metaman Brands Private Limited's registered office is in Bangalore, Karnataka. Its website is metaman.fashion. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    metaman.fashion
  • Registered Address
    No 18 Dr. M.H Marigowda Road Chikkalakshmaiah Layout Adugodi Bangalore, Karnataka, India – 560029
  • Industry
    E-Commerce, Online Watches & Jewelry Retail

To see the full contact details of Metaman Brands Private Limited, buy the company report.

Comprehensive company report
Metaman Brands Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Metaman Brands operates one associated brand: Drip Project. Each brand links to its own profile.

BrandDescriptionWebsite
Drip Project
Internet first brand offering jewelry for men and womendripproject.co

Business activity

The main business activity of Metaman Brands is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Metaman Brands Private Limited, buy the company report.

Financials of Metaman Brands Private Limited

FY 2025 filings available

Metaman Brands Private Limited reported revenue of ₹5.63 Cr (up 461% YoY) for FY 2024.

Revenue · FY 2024
₹5.63 Cr ▲ 461%
Net loss · FY 2024
₹3.4 Cr margin -60.5%
EBITDA · FY 2024
-₹3.33 Cr margin -59.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 461%
EBITDA CAGR growth
1 year
▼ 2%

Revenue rose 461% in the latest year. EBITDA fell 2% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹3.33 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.4 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-59.2%
Net Profit Margin-60.5%
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 Metaman Brands Private Limited, buy the company report.

Board of directors of Metaman Brands Private Limited

Metaman Brands has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anil Kumar Shetty
Also directs: Millennial Pictures LLP, Metaman Fragrances Private Limited, Peace Cafee Welfare Foundation and 1 more
Director03 Feb 20224 Years 9 MonthsCurrent
Harsh Narendra Maskara
Also directs: Metaman Fragrances Private Limited, Magnifluence Marketing LLP
Director02 Jun 20233 Years 5 MonthsCurrent
View all directors

Peer comparison

Metaman Brands Private Limited is compared with the 6 companies closest to it by revenue in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ebullion Private Limited₹6.81 Cr (FY 2025)-81.0%Navi Mumbai, Maharashtra, India
Vummidi Bangaru Jewellers Lifestyle Private Limited₹6.45 Cr (FY 2024)23.0%Chennai, Tamil Nadu, India
Sia Jewels Private Limited₹6.15 Cr (FY 2025)-20.0%Mumbai, Maharashtra, India
Jaipur Watch Company Private Limited₹5.72 Cr (FY 2024)109.0%Jaipur, Rajasthan, India
Metaman Brands Private Limitedthis company₹5.63 Cr (FY 2024)-₹3.4 Cr-60.5%461.0%Bangalore, Karnataka, India
Diamondxe Private Limited₹5.36 Cr (FY 2025)91.0%Delhi, India
Raj Jewellers (Lucknow) Private Limited₹5.13 Cr (FY 2025)6.0%Lucknow, Uttar Pradesh, India

To see the full peer comparison of Metaman Brands Private Limited, buy the company report.

Auditor

Metaman Brands Private Limited is audited by T Sriram Mehta and Tadimalla for the financial year 2023.

Auditor firmFinancial yearFirm registration number
T Sriram Mehta and TadimallaFY 2023004064S

Shareholding

The shareholding of Metaman Brands Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Metaman Brands Private Limited, buy the company report.

Deals & funding

Metaman Brands Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹12.16 Cr; the latest was in April 2024.

Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹12.16 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Apr 2024Funding round · Pre-seed₹4.08 CrInvestors: BoldCap, Kairos Capital Trust, 2 individuals
Sep 2022Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
May 2022Funding round · Pre-seed₹6.08 CrInvestors: NKSquared, 3 individuals
May 2022Secondary share transferUndisclosedBuyer: 3 individuals
Seller: an individual
May 2022Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual

To see the full deal history of Metaman Brands Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Metaman Brands Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Metaman Brands Private Limited has 1 active EPFO establishment as of Apr 08, 2024.

Active EPFO establishments
1

GST

Metaman Brands has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AAPCM4280L1ZQKarnatakaActive19 Mar 2022
27AAPCM4280L1ZUMaharashtraActive10 Feb 2023

To see the full GST registrations and return filing status of Metaman Brands Private Limited, buy the company report.

Recent activity

Metaman Brands Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Harsh Narendra Maskara ceased to be Additional Director on 29 Dec 2023.

AGM
Metaman Brands Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Metaman Brands Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Harsh Narendra Maskara ceased to be Additional Director.
Appointed
Harsh Narendra Maskara was appointed as Director.
Ceased
Raunak Samdaria ceased to be Director.
Appointed
Anil Kumar Shetty was appointed as Director.
Incorporation
03 Feb 2022
Metaman Brands Private Limited was registered on 03 Feb 2022 with Roc Bangalore & aged 4 years 9 months as per MCA records.

News

Frequently asked questions

Metaman Brands is an active private limited company based in Bangalore, Karnataka, India. The company works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 03 February 2022 (4+ years old) and is registered under CIN U52609KA2022PTC157483.

Metaman Brands has 2 current directors:

The latest financial statements of Metaman Brands 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 2022 are in the company report.

The GSTIN of Metaman Brands is 29AAPCM4280L1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAPCM4280L1ZU (Maharashtra).

The CIN (Corporate Identification Number) of Metaman Brands is U52609KA2022PTC157483. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Metaman Brands was incorporated on 03 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

Metaman Brands has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹12.16 Cr; the latest was in April 2024.

The peers of Metaman Brands by revenue are Ebullion Private Limited, Vummidi Bangaru Jewellers Lifestyle Private Limited, Sia Jewels Private Limited, Jaipur Watch Company Private Limited, Diamondxe Private Limited and 1 more, all in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading).

Harsh Narendra Maskara ceased to be Additional Director on 29 Dec 2023. Harsh Narendra Maskara was appointed as Director on 02 Jun 2023. Raunak Samdaria ceased to be Director on 02 Jun 2023. Metaman Brands has 4 board changes on record in total.

Yes, Metaman Brands is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Metaman Brands is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0146133).