About Amante India Limited
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Amante India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Industries Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 26 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2006PLC437772. Its GSTIN is 27AAECM7275N2ZR (Maharashtra). The company holds 16 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹49.74 Cr. It was formerly known as Massai Trades Private Limited. It is led by directors including Deepak Kumar Jain (Whole-Time Director) and Nikhil Chakrapani Suryanarayana Kavipurapu.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹207.34 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹29.59 Cr (net margin -14.3%) and EBITDA of -₹20.3 Cr (EBITDA margin -9.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 21% over five years.
The company is associated with 2 brands: Amanté and MAS Holdings. As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹4.5 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 14 deals on record (8 funding rounds, 2 rights issues, 2 acquisitions), with disclosed funding of ₹63.7 Cr; the latest was in December 2024. Its 3 peer companies in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 1 smaller; the largest is Kapsons Retail Private Limited with revenue of ₹219.94 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 57 overdue payments to 13 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website masholdings.com.
Company details
CIN history
Amante India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51398MH2006PLC437772, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51398MH2006PLC437772 | Current |
| U51398TN2006PTC060663 | Previous |
| U51398TN2006PLC060663 | Previous |
Contact details
Amante India Limited's registered office is in Mumbai, Maharashtra. Its website is masholdings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFloor – 4 Plot – 298/302 Court House, Lokmanya Tilak Marg, Mumbai, Maharashtra, India – 400002
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Amante India 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
Brands
Amante India operates two associated brands: amanté and MAS Holdings. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Women's multi-category casual wear and accessories are offered online. | amantelingerie.in | |
| Internet first brand of sportswear apparel for men and women | masholdings.com |
Business activity
The main business activity of Amante India is trade. In detail, this covers wholesale trading and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Amante India Limited, buy the company report.
Financials of Amante India Limited
FY 2025 filings availableAmante India Limited reported revenue of ₹207.34 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 19% growth in the latest year. EBITDA fell 72% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | -₹20.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹29.59 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -9.8% | ||||
| Net Profit Margin | -14.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Amante India Limited, buy the company report.
Board of directors of Amante India Limited
Amante India has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Kumar Jain Also directs: Intimi India Limited | Whole-Time Director | 30 Mar 2022 | 4 Years 7 Months | Current |
| Nikhil Chakrapani Suryanarayana Kavipurapu Also directs: Mayuri Kumkum Limited, Actoserba Active Wholesale Limited, V - Retail Limited and 5 more | Director | 11 Nov 2021 | 4 Years 11 Months | Current |
| Rakesh Gajanand Sharma Also directs: Kalanikethan Fashions Limited, Kalanikethan Silks Limited, Enercent Technologies Private Limited and 1 more | Director | 07 Mar 2022 | 4 Years 8 Months | Current |
Peer comparison
Amante India 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 (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kapsons Retail Private Limited | ₹219.94 Cr (FY 2025) | 15.0% | Mohali, Punjab, India | |||
| Frontier Raas Private Limited | ₹219.42 Cr (FY 2025) | 6.0% | Phagwara, Punjab, India | |||
| Amante India Limitedthis company | ₹207.34 Cr (FY 2025) | -₹29.59 Cr | -14.3% | 19.0% | Mumbai, Maharashtra, India | |
| Patpat Trading Private Limited | ₹205.65 Cr (FY 2025) | 77.0% | New Delhi, Delhi, India |
To see the full peer comparison of Amante India Limited, buy the company report.
Auditor
Amante India Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Amante India 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 Amante India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jul 2021 | 100466835 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open | |
| 07 Sep 2016 | 100052881 | Standard Chartered Bank | ₹4.5 Cr | Satisfied |
To see the full charge records of Amante India Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Amante India Limited has 14 deals on record (8 funding rounds, 2 rights issues, 2 acquisitions), with disclosed funding of ₹63.7 Cr; the latest was in December 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Acquisition | ₹223.88 Cr | Buyer: Reliance Retail Ventures Limited |
| Aug 2022 | Acquisition | ₹76.7 Cr | Buyer: Reliance Retail Ventures Limited |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Reliance Retail Ventures Limited, Reliance Retail Ventures Limited & Hetal Rathod, Reliance Retail Ventures Limited & Rohit Shah Seller: MAS Investments Private Limited, MAS Brands Holdings Private Limited |
| Jan 2019 | Rights issue | ₹35.44 Cr | Investors: MAS Brands Holdings Private Limited |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: MAS Investments Private Limited, Intimate Fashions (India)) Private Limited Seller: 2 individuals |
To see the full deal history of Amante India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Amante India Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.I.R.MISC) | Filed against the company by an individual | Disposed |
To see the full case history of Amante India 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
Amante India Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 57 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 |
|---|---|---|---|
| an individual supplier | |||
| Protocol Labels India Private Limited | |||
| Impetus Sign India LLP | |||
| HSR IT Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Amante India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Amante India has 16 GST registrations: 14 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM7275N2ZR | Maharashtra | Active | 15 May 2023 |
| 33AAECM7275N1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
| 04AAECM7275N1Z0 | Chandigarh | Active | 19 Jul 2022 |
| 36AAECM7275N1ZT | Telangana | Active | 25 Aug 2022 |
To see the full GST registrations and return filing status of Amante India Limited, buy the company report.
Recent activity
Amante India Limited has 19 board changes on record since 2008: 3 appointments and 16 cessations. The latest: Chitra Janardan Thaker ceased to be Company Secretary on 10 Jul 2024.
13 earlier events are in the company report.
News
Frequently asked questions
Amante India is an active public limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 26 July 2006 (20+ years old) and is registered under CIN U51398MH2006PLC437772.
Amante India has 3 current directors:
- Deepak Kumar Jain - Whole-Time Director
- Nikhil Chakrapani Suryanarayana Kavipurapu - Director
- Rakesh Gajanand Sharma - Director
The latest financial statements of Amante India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Amante India is 27AAECM7275N2ZR, registered in Maharashtra. The company has 16 GST registrations in all, of which 14 are active and 2 are cancelled or inactive. Other active GSTINs include 33AAECM7275N1ZZ (Tamil Nadu), 04AAECM7275N1Z0 (Chandigarh), 36AAECM7275N1ZT (Telangana).
The CIN (Corporate Identification Number) of Amante India is U51398MH2006PLC437772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amante India has 3 court cases on record: 3 filed against it.
Amante India was incorporated on 26 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Amante India has 14 deals on record (8 funding rounds, 2 rights issues, 2 acquisitions), with disclosed funding of ₹63.7 Cr; the latest was in December 2024.
The peers of Amante India by revenue are Kapsons Retail Private Limited, Frontier Raas Private Limited, Patpat Trading Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Chitra Janardan Thaker ceased to be Company Secretary on 10 Jul 2024. Harish Madnani ceased to be Additional Director on 05 Aug 2022. Rakesh Gajanand Sharma ceased to be Additional Director on 05 Aug 2022. Amante India has 19 board changes on record in total.
Amante India has 5 MSME Form 1 returns on record between 2019 and 2021, listing 57 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 Oct 2021.
Amante India can be reached through the website masholdings.com. Its registered office is in Mumbai, Maharashtra, India.
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