MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0006291
Akya Retail Private Limited - fashion and textile in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹146.63 Cr
▲ 33% YoY
Net loss · FY 2025
₹15.7 Cr
Net margin -10.7%
EBITDA · FY 2025
-₹11.84 Cr
EBITDA margin -8.1%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.02 Cr
Issued & subscribed
Open charges
₹11.5 Cr
Satisfied ₹7.02 Cr
Company age
9 yrs
Est. 2017
Employees · EPFO
297
Provident fund records
About Akya Retail Private Limited
Data last updated:
Akya Retail Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 06 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102005. Its GSTIN is 29AAPCA4196F1Z8 (Karnataka). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors including Sameen Eajaz Saifulla Akhtar and Haroon Rashid Saifulla.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Koskii Towers19 Opp Commercial Plaza K Kamaraj Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹146.63 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹15.7 Cr (net margin -10.7%) and EBITDA of -₹11.84 Cr (EBITDA margin -8.1%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 30% over five years.
The company has about 297 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Koskii. As per MCA filings, the company has open charges of ₹11.5 Cr and satisfied charges of ₹7.02 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 6 deals on record (4 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹62.94 Cr; the latest was in May 2025.
Akya Retail Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0006291). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website koskii.com.
Company Details of Akya Retail Private Limited
CIN U74999KA2017PTC102005
Registration Number 102005
Incorporation Date 06 April 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0006291
Key People
Sameen Eajaz Saifulla Akhtar Director Haroon Rashid Saifulla Director Mitali Chitre Director Recognitions & Rankings of Akya Retail
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressKoskii Towers19 Opp Commercial Plaza K Kamaraj Road, Bangalore, Karnataka, India – 560001
- IndustryFashion and Textile, Designer & Branded Fashion
Comprehensive company report
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- Historical financials and ratios
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- Legal cases, compliance and MCA filings
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Associated Brands
Akya Retail operates one associated brand: Koskii. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ethnic wear for women is offered online by Koskii. | koskii.com |
Business Activity
The main business activity of Akya Retail is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Akya Retail Private Limited
FY 2025 filings availableAkya Retail Private Limited reported revenue of ₹146.63 Cr (up 33% YoY) for FY 2025.
Revenue · FY 2025
₹146.63 Cr ▲ 33%
Net loss · FY 2025
₹15.7 Cr margin -10.7%
EBITDA · FY 2025
-₹11.84 Cr margin -8.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 42%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 118%
5 years · compounded
▼ 75%
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 33% growth in the latest year. EBITDA fell 15% 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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 | -₹11.84 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹15.7 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -8.1% | |
| Net Profit Margin | -10.7% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Akya Retail are in the company report.
: available in the company report
Board of Directors of Akya Retail Private Limited
Akya Retail has 5 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 |
|---|---|---|---|---|
| Sameen Eajaz Saifulla Akhtar Also directs: Akya Estates LLP | Director | 06 Apr 2017 | 9 Years 6 Months | Current |
| Haroon Rashid Saifulla | Director | 06 Apr 2017 | 9 Years 6 Months | Current |
| Mitali Chitre Also directs: PG Electroplast Limited | Director | 27 Jun 2023 | 3 Years 3 Months | Current |
| Saifulla Akhter Umar Saqaf | Director | 06 Apr 2017 | 9 Years 6 Months | Current |
| Saifulla Akhtar Mohamed Also directs: Akya Estates LLP | Director | 06 Apr 2017 | 9 Years 6 Months | Current |
Auditor Details
Akya Retail Private Limited is audited by Srinivasan & Shankar for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Srinivasan & Shankar | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹11.5 Cr
Satisfied charges
₹7.02 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jul 2024 | Others | ₹11.5 Cr | Open |
| 19 Oct 2019 | Hdfc Bank Limited | ₹6.52 Cr | Satisfied |
| 24 Jul 2018 | Others | ₹50 Lakh | Satisfied |
Total charge records: 3 View all charges
Deals & Funding
Akya Retail Private Limited has 6 deals on record (4 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹62.94 Cr; the latest was in May 2025.
Total deals
6
Funding rounds
4
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹62.94 Cr
Deals on record (3 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Funding round · Pre-Series B | ₹10 Cr | Investors: Baring Private Equity Partners India |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Baring Private Equity Partners India Seller: 4 individuals |
| Jun 2023 | Funding round · Series A | ₹48.23 Cr | Investors: Baring Private Equity Partners India, Steer Advisory Services Private Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Akya Retail Private Limited has 2 court cases on record: 1 filed by Akya Retail, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Court case (MCD CHL) | Filed against the company by an individual | Disposed |
: available in 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.
Employees and EPFO Compliance
Akya Retail Private Limited has a workforce of 297 employees as of Apr 08, 2024.
Employee count
297
Active EPFO establishments
1
Employee growth
43.48%
: available in the company report
Recent Activity
Akya Retail Private Limited has 6 board changes on record since 2017: 5 appointments and 1 cessation. The latest: Mitali Chitre was appointed as Director on 27 Jun 2023.
AGM
Akya Retail Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Akya Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 11.50 Cr registered on 25 Jul 2024 with Charge ID 101041254 was modified on 07 Mar 2025.
Charges
A charge registered on 24 Jul 2018 via Charge ID 100195148 with Others was fully satisfied on 19 Aug 2024.
Charges
A charge with Others amounted to Rs. 11.50 Cr with Charge ID 101041254 was registered on 25 Jul 2024.
Charges
A charge registered on 19 Oct 2019 via Charge ID 100297222 with Hdfc Bank Limited was fully satisfied on 20 Oct 2023.
Appointed
Mitali Chitre was appointed as Director.
Ceased
Mitali Chitre ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 6.52 Cr registered on 19 Oct 2019 with Charge ID 100297222 was modified on 03 Jul 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.52 Cr with Charge ID 100297222 was registered on 19 Oct 2019.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100195148 was registered on 24 Jul 2018.
Appointed
Haroon Rashid Saifulla was appointed as Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Akya Retail has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPCA4196F1Z8 | Karnataka | Active | 01 Jul 2017 |
| 29AAPCA4196F2Z7 | Karnataka | Active | 01 Feb 2024 |
| 33AAPCA4196F1ZJ | Tamil Nadu | Active | 09 Jul 2019 |
| 36AAPCA4196F1ZD | Telangana | Active | 21 Jan 2023 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Akya Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 06 April 2017 (9+ years old) and is registered under CIN U74999KA2017PTC102005.
Akya Retail has 5 current directors:
- Sameen Eajaz Saifulla Akhtar - Director
- Haroon Rashid Saifulla - Director
- Mitali Chitre - Director
- Saifulla Akhter Umar Saqaf - Director
- Saifulla Akhtar Mohamed - Director
The latest financial statements of Akya Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Akya Retail is 29AAPCA4196F1Z8, registered in Karnataka. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 29AAPCA4196F2Z7 (Karnataka), 33AAPCA4196F1ZJ (Tamil Nadu), 36AAPCA4196F1ZD (Telangana).
The CIN (Corporate Identification Number) of Akya Retail is U74999KA2017PTC102005. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Akya Retail has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Akya Retail was incorporated on 06 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Akya Retail has 6 deals on record (4 funding rounds, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹62.94 Cr; the latest was in May 2025.
Mitali Chitre was appointed as Director on 27 Jun 2023. Mitali Chitre ceased to be Additional Director on 27 Jun 2023. Haroon Rashid Saifulla was appointed as Director on 06 Apr 2017. Akya Retail has 6 board changes on record in total.
Yes, Akya Retail is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0006291).