Only Retail Private Limited
About Only Retail Private Limited
Data last updated:
Only Retail Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bestseller United Singapore Pte. Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 19 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2015FTC269374. Its GSTIN is 27AACCO2125P1Z9 (Maharashtra). The company holds 17 GST registrations, all of them active.
The company has an authorised share capital of ₹190 Cr and a paid-up capital of ₹189.6 Cr. It is led by directors including Anders Holch Povlsen and Lise Kaae.
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 The Lalit Residency 5th Floor The Lalit Mumbai Sahar Airport Road Sahar Andheri (East, ), Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹380.85 Cr, a growth of 73% compared to the previous year. For the same year it recorded a net profit of ₹11.04 Cr (net margin 2.9%) and EBITDA of ₹28.44 Cr (EBITDA margin 7.5%).
The company has about 545 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Only. Court records list 7 cases involving the company, including 3 filed by the company and 4 filed against it. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹122.37 Cr; the latest was in June 2020. Its 3 peer companies in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is Ags Retails (India) Limited with revenue of ₹417.3 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Only Retail Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressThe Lalit Residency 5th Floor The Lalit Mumbai Sahar Airport Road Sahar Andheri (East, ), Maharashtra, India – 400059
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Only Retail Private Limited, buy the company report.
- 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
Business activity
The main business activity of Only Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Only Retail Private Limited, buy the company report.
Financials of Only Retail Private Limited
FY 2025 filings availableOnly Retail Private Limited reported revenue of ₹380.85 Cr (up 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 73% in the latest year. EBITDA rose 256% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.44 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.5% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Only Retail Private Limited, buy the company report.
Board of directors of Only Retail Private Limited
Only Retail has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Peer comparison
Only Retail Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ags Retails (India) Limited | ₹417.3 Cr (FY 2025) | 54.0% | Howrah, West Bengal, India | |||
| Chunmun Stores Private Limited | ₹396.74 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Only Retail Private Limitedthis company | ₹380.85 Cr (FY 2025) | ₹11.04 Cr | 2.9% | 73.0% | 545 | Mumbai, Maharashtra, India |
| SCM Silks Private Limited | ₹370.45 Cr (FY 2024) | -4.0% | Tirupur, Tamil Nadu, India |
To see the full peer comparison of Only Retail Private Limited, buy the company report.
Auditor
Only Retail Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Only Retail Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Only Retail Private Limited, buy the company report.
Deals & funding
Only Retail Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹122.37 Cr; the latest was in June 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Funding round | ₹21.01 Cr | Investors: Bestseller United Singapore Pte Limited |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Bestseller Fasion India Private Limited Seller: Bombay Rayon Clothing Limited , B R Machine Tools Private Limited |
| Aug 2017 | Funding round | ₹94.71 Cr | Investors: Bestseller United Singapore Pte Limited |
| Jul 2016 | Funding round | ₹6.65 Cr | Investors: Bombay Rayon Clothing Limited , B R Machine Tools Private Limited |
| Feb 2016 | Rights issue | ₹35.73 Cr | Investors: Bestseller United Singapore Pte Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Only Retail Private Limited has 7 court cases on record: 3 filed by Only Retail, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed against the company by Shreeja Devcon Private Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Kuehne Nagel Private Limited | Disposed |
| High Court | Court case (CARBP) | Filed by the company against Kuehne Nagel Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
To see the full case history of Only Retail Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Only Retail Private Limited has 8 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| As Per Annexure 1 | |||
| Century Road Transport Private Limited | |||
| Ivaana Ventures Private Limited | |||
| SRSG Broadcast (India) Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Only Retail Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Only Retail Private Limited has a workforce of 545 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Only Retail has 17 GST registrations: 17 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO2125P1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCO2125P2Z8 | Maharashtra | Active | 01 Mar 2025 |
| 03AACCO2125P1ZJ | Punjab | Active | 01 Jul 2017 |
| 04AACCO2125P1ZH | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Only Retail Private Limited, buy the company report.
Recent activity
Only Retail Private Limited has 11 board changes on record since 2015: 5 appointments and 6 cessations. The latest: Sandip Shankarrao Kute ceased to be Additional Director on 29 Sep 2025.
2 earlier events are in the company report.
Frequently asked questions
Only Retail is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 19 October 2015 (11+ years old) and is registered under CIN U52100MH2015FTC269374.
Only Retail has 5 current directors:
- Anders Holch Povlsen - Director
- Lise Kaae - Director
- Sumit Dhingra - Director
- Thomas Borglum Jensen - Director
- Sandip Shankarrao Kute - Director
The latest financial statements of Only Retail 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 2016 are in the company report.
The GSTIN of Only Retail is 27AACCO2125P1Z9, registered in Maharashtra. The company has 17 GST registrations in all, of which 17 are active. Other active GSTINs include 27AACCO2125P2Z8 (Maharashtra), 03AACCO2125P1ZJ (Punjab), 04AACCO2125P1ZH (Chandigarh).
The CIN (Corporate Identification Number) of Only Retail is U52100MH2015FTC269374. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Only Retail has 7 court cases on record: 3 filed by the company and 4 filed against it. Most are in the district courts.
Only Retail was incorporated on 19 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Only Retail has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹122.37 Cr; the latest was in June 2020.
The peers of Only Retail by revenue are Ags Retails (India) Limited, Chunmun Stores Private Limited, SCM Silks Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Sandip Shankarrao Kute ceased to be Additional Director on 29 Sep 2025. Sumit Dhingra ceased to be Additional Director on 29 Sep 2025. Lise Kaae was appointed as Director on 19 Aug 2025. Only Retail has 11 board changes on record in total.
Only Retail has 8 MSME Form 1 returns on record between 2019 and 2024, listing 24 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 Jun 2024.
The registered office of Only Retail is at The Lalit Residency 5th Floor The Lalit Mumbai Sahar Airport Road Sahar Andheri East, , Maharashtra, India – 400059.