Nileshmitesh

Mumbai, India Founded: 2009 • Age: 17 yrs
Offers a brand of multi-category wear designed for men.

About Nileshmitesh

Nileshmitesh was a Consumer company based in Mumbai (India) founded in 2009 by Mitesh Gangaram Sumbad and Nileshkumar Hansrajbhai Chhadva. It offers a brand of multi-category wear designed for men. It operates on a B2C model. The company has 18 employees. Its Indian entity N.M.Fashion Retail Private Limited reported revenue of β‚Ή9.19 Cr. The company is recorded as dissolved. Its focus areas include Fashion and Apparel, Clothing, Men's Wear and Multi-Category. Its competitors include Aza Fashions, Fabindia and Indya; 1 of its 3 listed competitors has raised funding.

Company details

Nileshmitesh offers a brand of multi-category wear designed for men through fashion and apparel, clothing, mens wear, and multi-category. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Mumbai, India
  • Employees 18
  • Founders Mitesh Gangaram Sumbad, Nileshkumar Hansrajbhai Chhadva
  • Sectors
    Consumer
  • Website nileshmitesh.com
  • Social X
  • Legal Name N.M.Fashion Retail Private Limited
  • Date of Incorporation 20 Sep, 2011
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹9.19 Cr

    FY 2024 · -76% YoY

  • Net Loss
    -₹21.6 Lakh

    FY 2024 · -2% margin

  • EBITDA
    ₹1.37 Cr

    FY 2024 · 15% margin

  • Employee Count
    18

Board of directors of N.M.Fashion Retail Private Limited (Nileshmitesh)

N.M.Fashion Retail Private Limited is the primary company behind Nileshmitesh. The board of N.M.Fashion Retail Private Limited currently have 2 directors; the longest-serving is Nileshkumar Hansrajbhai Chhadva, appointed in 2011.

DirectorDesignationAppointedTenureEntity
Nileshkumar Hansrajbhai Chhadva
DIN 03477937
Director20 Sep 201115 yrs 1 moN.M.Fashion Retail Private Limited
Mitesh Gangaram Sumbad
DIN 03477599
Director20 Sep 201115 yrs 1 moN.M.Fashion Retail Private Limited

People of Nileshmitesh

2 people are tracked at Nileshmitesh (2 in leadership); the tracked headcount is 18.

NameRoleGroup
Co-FounderLeadership
Co-FounderLeadership
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Complete people profiles for Nileshmitesh

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Financials of Nileshmitesh

Figures of N.M.Fashion Retail Private Limited, the primary company behind Nileshmitesh, for FY 2024. Revenue was ₹9.19 Cr (-76% year on year). Net loss was -₹21.6 Lakh (-2% margin). EBITDA was ₹1.37 Cr (15% margin). Revenue has grown at a compounded annual rate of +3% over three years and -17% over five years.

  • ₹9.19 CrRevenue · FY 2024 · -76% YoY
  • -₹21.6 LakhNet loss · -2% margin
  • ₹1.37 CrEBITDA · 15% margin
  • ₹50 LakhPaid-up capital
  • 18Employees (provident fund records)
  • +3%Revenue CAGR, 3 years
  • -17%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of N.M.Fashion Retail Private Limited are on its company page.

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Detailed financial statements for Nileshmitesh

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Competitors of Nileshmitesh

Nileshmitesh has 3 listed competitors in our database, 1 of them funded. They include Aza Fashions, Fabindia and Indya.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
azafashions.com2005Mumbai, India$17.55M214
Retail chain for luxury and designer apparel and accessories
fabindia.com1960Delhi, India1,522
Internet first brand of ethnic wear, home furniture, and home decor products
houseofindya.com2016Noida, India152
Multi channel fashion brand offering a range of traditional and contemporary ethnic wear
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Detailed competitors of Nileshmitesh

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Top companies in Fashion & Lifestyle Products

3 companies that operate in the same segment as Nileshmitesh (Fashion & Lifestyle Products) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Jewellery is retailed via stores and an online platform.
1993Thrissur, Kerala, IndiaUSD 3.81 B12,530
Fine jewelry brand
1994Bengaluru, Karnataka, IndiaUSD 6.03 B7,331
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Frequently Asked Questions about Nileshmitesh

Nileshmitesh was founded in 2009.

Nileshmitesh is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Nileshmitesh has 18 employees.

The primary company behind Nileshmitesh, N.M.Fashion Retail Private Limited, reported revenue of β‚Ή9.19 Cr for FY 2024, down 76% year on year.

Nileshmitesh offers a brand of multi-category wear designed for men through fashion and apparel, clothing, mens wear, and multi-category. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.

Nileshmitesh's top competitors include Fabindia, Aza Fashions and Indya.

Nileshmitesh operates through N.M.Fashion Retail Private Limited.

The legal entities of Nileshmitesh currently have 2 directors, including Nileshkumar Hansrajbhai Chhadva, Mitesh Gangaram Sumbad.

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