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Modern Crew Lifestyle Solutions Private Limited - fashion and textile in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.37 Cr
▲ 163% YoY
Net loss · FY 2024
₹86.73 Lakh
Net margin -36.6%
EBITDA · FY 2024
-₹80.2 Lakh
EBITDA margin -33.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.55 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Modern Crew Lifestyle Solutions Private Limited
Data last updated:
Modern Crew Lifestyle Solutions Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the innerwear segment of the fashion and textiles sector. It was incorporated on 09 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17299MH2019PTC325162. Its GSTIN is 27AAMCM6598A1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.55 Lakh. It is led by directors Saurabh Bisht and Shivesh Verma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 2 /2005 Park Woods Next To Suraj Water Park G.B.Road Kavesar, Thane, Maharashtra, India – 400615.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹86.73 Lakh (net margin -36.6%) and EBITDA of -₹80.2 Lakh (EBITDA margin -33.9%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years.
The company is associated with 1 brand: Modern Crew.
Modern Crew Lifestyle Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0086823). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website moderncrew.in.
Company details
CIN U17299MH2019PTC325162
Registration Number 325162
Incorporation Date 09 May 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0086823
Key People
Saurabh Bisht Director Shivesh Verma Director Recognitions & Rankings of Modern Crew Lifestyle Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0086823
Contact details
Modern Crew Lifestyle Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is moderncrew.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB – 2 /2005 Park Woods Next To Suraj Water Park G.B.Road Kavesar, Thane, Maharashtra, India – 400615
- IndustryFashion and Textile, Innerwear
To see the full contact details of Modern Crew Lifestyle Solutions Private Limited, buy the company report.
Comprehensive company report
Modern Crew Lifestyle Solutions 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
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Brands
Modern Crew Lifestyle Solutions operates one associated brand: Modern Crew. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Premium men's innerwear and loungewear online retailer | moderncrew.in |
Business activity
The main business activity of Modern Crew Lifestyle Solutions 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 Modern Crew Lifestyle Solutions Private Limited, buy the company report.
Financials of Modern Crew Lifestyle Solutions Private Limited
FY 2024 filings availableModern Crew Lifestyle Solutions Private Limited reported revenue of ₹2.37 Cr (up 163% YoY) for FY 2024.
Revenue · FY 2024
₹2.37 Cr ▲ 163%
Net loss · FY 2024
₹86.73 Lakh margin -36.6%
EBITDA · FY 2024
-₹80.2 Lakh margin -33.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 163%
3 years · compounded
▲ 106%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 46%
Revenue has grown at a compounded annual rate (CAGR) of 106% over three years, including 163% growth in the latest year. EBITDA fell 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹80.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹86.73 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -33.9% | ||||
| Net Profit Margin | -36.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Modern Crew Lifestyle Solutions Private Limited, buy the company report.
Board of directors of Modern Crew Lifestyle Solutions Private Limited
Modern Crew Lifestyle Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Bisht | Director | 09 May 2019 | 7 Years 5 Months | Current |
| Shivesh Verma | Director | 09 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Modern Crew Lifestyle Solutions Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Inner 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 |
|---|---|---|---|---|---|---|
| Dolphin Hosiery Private Limited | ₹2.74 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Apraa Parma Clothing Private Limited | ₹2.48 Cr (FY 2024) | 62.0% | Delhi, India | |||
| Modern Crew Lifestyle Solutions Private Limitedthis company | ₹2.37 Cr (FY 2024) | -₹86.73 Lakh | -36.6% | 163.0% | Thane, Maharashtra, India | |
| Shivkripa Lifestyle Private Limited | ₹2.16 Cr (FY 2024) | Howrah, West Bengal, India | ||||
| Wintex Knit (India) Private Limited | ₹2.14 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Modern Crew Lifestyle Solutions Private Limited, buy the company report.
Auditor
Modern Crew Lifestyle Solutions Private Limited is audited by PRASHANT KADAM & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRASHANT KADAM & CO. | FY 2023 | 150438W |
Shareholding
The shareholding of Modern Crew Lifestyle Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Modern Crew Lifestyle Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Modern Crew Lifestyle Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Modern Crew Lifestyle Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Crew Lifestyle Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM6598A1Z3 | Maharashtra | Active | 27 Jun 2019 |
| 07AAMCM6598A1Z5 | Delhi | Active | 16 Jul 2021 |
To see the full GST registrations and return filing status of Modern Crew Lifestyle Solutions Private Limited, buy the company report.
Recent activity
Modern Crew Lifestyle Solutions Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Manisha ceased to be Director on 18 Jul 2023.
AGM
Modern Crew Lifestyle Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Modern Crew Lifestyle Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Manisha ceased to be Director.
Appointed
Saurabh Bisht was appointed as Director.
Appointed
Shivesh Verma was appointed as Director.
Incorporation
09 May 2019
Modern Crew Lifestyle Solutions Private Limited was registered on 09 May 2019 with Roc Mumbai & aged 7 years 5 months as per MCA records.
Frequently asked questions
Modern Crew Lifestyle Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in innerwear, within the fashion and textile industry. It was incorporated on 09 May 2019 (7+ years old) and is registered under CIN U17299MH2019PTC325162.
Modern Crew Lifestyle Solutions has 2 current directors:
- Saurabh Bisht - Director
- Shivesh Verma - Director
The latest financial statements of Modern Crew Lifestyle Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Modern Crew Lifestyle Solutions is 27AAMCM6598A1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AAMCM6598A1Z5 (Delhi).
The CIN (Corporate Identification Number) of Modern Crew Lifestyle Solutions is U17299MH2019PTC325162. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Crew Lifestyle Solutions was incorporated on 09 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Modern Crew Lifestyle Solutions by revenue are Dolphin Hosiery Private Limited, Apraa Parma Clothing Private Limited, Shivkripa Lifestyle Private Limited, Wintex Knit (India) Private Limited, all in the Apparel industry (Inner Wear), with the same principal business activity (textile, leather and other apparel products).
Manisha ceased to be Director on 18 Jul 2023. Saurabh Bisht was appointed as Director on 09 May 2019. Shivesh Verma was appointed as Director on 09 May 2019.
Yes, Modern Crew Lifestyle Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Modern Crew Lifestyle Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0086823).
Modern Crew Lifestyle Solutions can be reached through the website moderncrew.in. Its registered office is in Thane, Maharashtra, India.