About Athem Marketing Pvt Ltd
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Athem Marketing Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 16 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1993PTC072930. Its GSTIN is 27AAACA3683L1ZG (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Dipen Narendra Mehta and Narendra Jayantilal Mehta.
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 404 Tower 1 – Raheja Tipco Heights Rani Sati Marg Malad (E), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.86 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹7.86 Lakh (net margin 0.3%) and EBITDA of ₹96.89 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 28% over five years.
The company is associated with 1 brand: Athem Marketing. As per MCA filings, the company has open charges of ₹5.3 Cr and satisfied charges of ₹8.91 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in March 2022. Its 5 peer companies in the Apparel industry (Accessories Retail and Distribution, Apparel Retail and Distribution, Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Wishbag Online Private Limited with revenue of ₹24.01 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website athemmktg.com.
Company details
Contact details
Athem Marketing Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is athemmktg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address404 Tower 1 – Raheja Tipco Heights Rani Sati Marg Malad (E), Mumbai, Maharashtra, India – 400097
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Athem Marketing Pvt Ltd, 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
Athem Marketing operates one associated brand: Athem Marketing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive digital marketing, branding, and related services to businesses. | athemmktg.com |
Business activity
The main business activity of Athem Marketing is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Athem Marketing Pvt Ltd, buy the company report.
Financials of Athem Marketing Pvt Ltd
FY 2025 filings availableAthem Marketing Pvt Ltd reported revenue of ₹23.86 Cr (up 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 48% growth in the latest year. EBITDA rose 45% 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 | ₹96.89 Lakh | ||||
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| Net Profit (PAT) | ₹7.86 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of Athem Marketing Pvt Ltd, buy the company report.
Board of directors of Athem Marketing Pvt Ltd
Athem Marketing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipen Narendra Mehta | Director | 24 Jan 2000 | 26 Years 9 Months | Current |
| Narendra Jayantilal Mehta | Director | 16 Jul 1993 | 33 Years 3 Months | Current |
Peer comparison
Athem Marketing Pvt Ltd is compared with the 5 companies closest to it by revenue in the Apparel industry (Accessories Retail and Distribution, Apparel Retail and Distribution, Home Furnishings and Accessories 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 |
|---|---|---|---|---|---|---|
| Wishbag Online Private Limited | ₹24.01 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| SKR Alliance Private Limited | ₹23.99 Cr (FY 2024) | -9.0% | New Delhi, Delhi, India | |||
| Mteenz Retail Private Limited | ₹23.91 Cr (FY 2025) | -48.0% | Thanjavur, Tamil Nadu, India | |||
| Athem Marketing Pvt Ltdthis company | ₹23.86 Cr (FY 2025) | ₹7.86 Lakh | 0.3% | 48.0% | Mumbai, Maharashtra, India | |
| VF Sourcing India Private Limited | ₹23.75 Cr (FY 2024) | 11.0% | Bangalore, Karnataka, India | |||
| Stories Global Homes Private Limited | ₹23.66 Cr (FY 2024) | 16.0% | Kozhikode, Kerala, India |
To see the full peer comparison of Athem Marketing Pvt Ltd, buy the company report.
Auditor
Athem Marketing Pvt Ltd is audited by K R RAMESH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K R RAMESH & ASSOCIATES | FY 2023 | 108547W |
Shareholding
The shareholding of Athem Marketing Pvt Ltd 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 Athem Marketing Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2022 | 100550092 | Others | ₹4.3 Cr | Open | |
| 29 Jan 2007 | 10053892 | Citibank N.A. | ₹1 Cr | Open | |
| 21 May 2018 | 100189146 | Hdfc Bank Limited | ₹1.75 Cr | Satisfied | |
| 26 Jun 2014 | 10505870 | Dcb Bank Limited | ₹35 Lakh | Satisfied | |
| 30 Jun 2011 | 10300563 | Dcb Bank Limited | ₹2.78 Cr | Satisfied |
To see the full charge records of Athem Marketing Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Athem Marketing Pvt Ltd has 3 deals on record (3 secondary share transfers); the latest was in March 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Narendra Mehta Huf Capital |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Narendra Mehta Huf Capital, 3 individuals Seller: Nitin P.mehta Huf, Mina N Mehta Capital, 2 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Mina N Mehta Capital, 3 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Athem Marketing Pvt Ltd 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 Athem Marketing Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Athem Marketing has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA3683L1ZG | Maharashtra | Active | 01 Jul 2017 |
| 24AAACA3683L1ZM | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Athem Marketing Pvt Ltd, buy the company report.
Recent activity
Athem Marketing Pvt Ltd has 2 board changes on record since 1993: 2 appointments. The latest: Dipen Narendra Mehta was appointed as Director on 24 Jan 2000.
13 earlier events are in the company report.
Frequently asked questions
Athem Marketing is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 16 July 1993 (33+ years old) and is registered under CIN U24230MH1993PTC072930.
Athem Marketing has 2 current directors:
- Dipen Narendra Mehta - Director
- Narendra Jayantilal Mehta - Director
The latest financial statements of Athem Marketing 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 2015 are in the company report.
The GSTIN of Athem Marketing is 27AAACA3683L1ZG, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACA3683L1ZM (Gujarat).
The CIN (Corporate Identification Number) of Athem Marketing is U24230MH1993PTC072930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Athem Marketing was incorporated on 16 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Athem Marketing has 3 deals on record (3 secondary share transfers); the latest was in March 2022.
The peers of Athem Marketing by revenue are Wishbag Online Private Limited, SKR Alliance Private Limited, Mteenz Retail Private Limited, VF Sourcing India Private Limited, Stories Global Homes Private Limited, all in the Apparel industry (Accessories Retail and Distribution, Apparel Retail and Distribution, Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (wholesale trading).
Dipen Narendra Mehta was appointed as Director on 24 Jan 2000. Narendra Jayantilal Mehta was appointed as Director on 16 Jul 1993.
Athem Marketing can be reached through the website athemmktg.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Athem Marketing is at 404 Tower 1 – Raheja Tipco Heights Rani Sati Marg Malad E, Mumbai, Maharashtra, India – 400097.
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