About Apparel Group India Private Limited
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Apparel Group India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 08 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2001PTC131895. Its GSTIN is 27AACCM4949B2ZJ (Maharashtra). The company holds 19 GST registrations, of which 18 are active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹25.87 Cr. It is led by directors including Prashant Bharat Sampat and Tushar Kumar Naval Ved.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor Unit No 1 Raiaskaran Tech Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,118.13 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹20.51 Cr (net margin 1.8%) and EBITDA of ₹221.68 Cr (EBITDA margin 19.8%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years.
The company has about 1,486 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹262.44 Cr and satisfied charges of ₹121 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 5 cases are pending. The company has 9 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹21.94 Cr; the latest was in March 2024. The company has 40 MSME Form 1 returns on record between 2019 and 2024, listing 1,546 overdue payments to 104 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 majorbrands.co.in.
Company details
Contact details
Apparel Group India Private Limited's registered office is in Mumbai, Maharashtra. Its website is majorbrands.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor Unit No 1 Raiaskaran Tech Park, Tower 1 Phase II Andheri Kurla Road Marol, Mumbai, Maharashtra, India – 400072
- IndustryConsumer Goods, Accessories Retail & Distribution
To see the full contact details of Apparel Group India 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 Apparel Group India 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 Apparel Group India Private Limited, buy the company report.
Financials of Apparel Group India Private Limited
FY 2025 filings availableApparel Group India Private Limited reported revenue of ₹1,118.13 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 37% over three years, including 26% growth in the latest year. EBITDA rose 53% 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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| EBITDA | ₹221.68 Cr | ||||
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| Net Profit (PAT) | ₹20.51 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 | 19.8% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Apparel Group India Private Limited, buy the company report.
Board of directors and KMP of Apparel Group India Private Limited
Apparel Group India Private Limited currently reports 3 directors and 1 key managerial person. 8 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Bharat Sampat | Director | 27 Nov 2014 | 11 Years 10 Months | Current |
| Tushar Kumar Naval Ved Also directs: Apparel Group Global Fashion Brands Private Limited, Apparel Group Retail Private Limited, Hypermax City Private Limited and 5 more | Director | 01 Apr 2019 | 7 Years 6 Months | Current |
| Abhishek Bajpai | Ceo | 10 Jan 2022 | 4 Years 9 Months | Current |
| Neeraj Bherumal Teckchandani Also directs: Apparel Group Global Fashion Brands Private Limited, Apparel Group Retail Private Limited, Hypermax City Private Limited and 5 more | Director | 24 Dec 2007 | 18 Years 10 Months | Current |
Auditor
Apparel Group India Private Limited is audited by SRBC & CO LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRBC & CO LLP | FY 2022 | 324982E |
Shareholding
The shareholding of Apparel Group India 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 Apparel Group India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2025 | 101065412 | Yes Bank Limited | ₹25 Cr | Open | |
| 27 Aug 2024 | 100965736 | Axis Bank Limited | ₹60 Cr | Open | |
| 22 Apr 2024 | 100923614 | Hdfc Bank Limited | ₹40 Cr | Open | |
| 05 Feb 2024 | 100880282 | Hdfc Bank Limited | ₹29.02 Lakh | Open | |
| 31 Oct 2023 | 100828654 | Hdfc Bank Limited | ₹32.81 Lakh | Open |
To see the full charge records of Apparel Group India Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Apparel Group India Private Limited has 9 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹21.94 Cr; the latest was in March 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Rights issue | ₹1.59 Cr | Investors: an individual |
| May 2017 | Rights issue | ₹6.45 Cr | Investors: an individual |
| Dec 2016 | Rights issue | ₹13.37 Cr | Investors: 2 individuals |
| Dec 2015 | Rights issue | ₹16.91 Cr | Investors: an individual |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Apparel Group India Private 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
Apparel Group India Private Limited has 8 court cases on record: 2 filed by Apparel Group India, 6 filed against it. 5 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 3 |
| High courts | 3 | 2 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Gauhati High Court | Arbitration matter | Filed against the company by Ms Brahmaputra Infrastructure Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PWAPP LC) | Filed against the company by an individual | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Phonographic Performance Limited | Pending |
To see the full case history of Apparel Group India 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
Apparel Group India Private Limited has 40 MSME Form 1 returns on record between 2019 and 2024, listing 1,546 overdue payments to 104 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 104)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vista Retail Private Limited | |||
| LDS Infotech Private Limited | |||
| Easy Fix Handy Solutions India Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Apparel Group India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Apparel Group India has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| LMD Retail Spectrum Private Limited | U51310MH2020PTC339433 | |
| Imagina Sourcing Private Limited | U74999MH2011PTC218518 |
To see the full group structure of Apparel Group India Private Limited, buy the company report.
Employees & EPFO
Apparel Group India Private Limited has a workforce of 1,486 employees on its EPFO records as of May 09, 2024, across 1 active EPFO establishment.
GST
Apparel Group India has 19 GST registrations: 18 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM4949B2ZJ | Maharashtra | Active | 01 Jul 2017 |
| 27AACCM4949B3ZI | Maharashtra | Active | 16 Jul 2017 |
| 03AACCM4949B1ZU | Punjab | Active | 01 Jul 2017 |
| 04AACCM4949B1ZS | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Apparel Group India Private Limited, buy the company report.
Recent activity
Apparel Group India Private Limited has 14 board changes on record since 2001: 9 appointments and 5 cessations. The latest: Aalisha Srivastava ceased to be Company Secretary on 07 Mar 2025.
54 earlier events are in the company report.
News
Frequently asked questions
Apparel Group India is an active private limited company based in Mumbai, Maharashtra, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 08 May 2001 (25+ years old) and is registered under CIN U18101MH2001PTC131895.
Apparel Group India has 4 current directors and KMP:
- Prashant Bharat Sampat - Director
- Tushar Kumar Naval Ved - Director
- Neeraj Bherumal Teckchandani - Director
- Abhishek Bajpai - Ceo
The latest financial statements of Apparel Group India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Apparel Group India is 27AACCM4949B2ZJ, registered in Maharashtra. The company has 19 GST registrations in all, of which 18 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCM4949B3ZI (Maharashtra), 03AACCM4949B1ZU (Punjab), 04AACCM4949B1ZS (Chandigarh).
The CIN (Corporate Identification Number) of Apparel Group India is U18101MH2001PTC131895. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apparel Group India has 8 court cases on record: 2 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Apparel Group India was incorporated on 08 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Apparel Group India has 9 deals on record (4 rights issues, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹21.94 Cr; the latest was in March 2024.
Aalisha Srivastava ceased to be Company Secretary on 07 Mar 2025. Aalisha Srivastava was appointed as Company Secretary on 01 Jun 2022. Abhishek Bajpai was appointed as CEO on 10 Jan 2022. Apparel Group India has 14 board changes on record in total.
Apparel Group India has 40 MSME Form 1 returns on record between 2019 and 2024, listing 1,546 overdue payments to 104 micro and small suppliers. The latest return was filed on 01 May 2024.
Apparel Group India can be reached through the website majorbrands.co.in. Its registered office is in Mumbai, Maharashtra, India.