Cheerayu Retails Private Limited
About Cheerayu Retails Private Limited
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Cheerayu Retails Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 02 August 2022.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U52100OR2022PTC040432. Its GSTIN is 21AAKCC5089J1ZG (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Abhijit Padhy (Managing Director) and Chandini Samal.
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 Plot No 454 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹52.78 Lakh (net margin 1.9%) and EBITDA of ₹2.8 Cr (EBITDA margin 10%).
As per MCA filings, the company has open charges of ₹11.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No 454 Saheed Nagar, Bhubaneswar, Odisha, India – 751007
- IndustryFashion and Textile, Fashion Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Cheerayu Retails Private Limited
The main business activity of Cheerayu Retails is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cheerayu Retails Private Limited FY 2025 filings available
Cheerayu Retails Private Limited reported revenue of ₹28.11 Cr (up 232% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cheerayu Retails Private Limited
Revenue rose 232% in the latest year. EBITDA rose 569% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Cheerayu Retails Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| 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 | ₹2.8 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹52.78 Lakh | •••• |
| 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 of Cheerayu Retails Private Limited
| Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10% | •••• |
| Net Profit Margin | 1.9% | •••• |
| 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 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 Cheerayu Retails are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cheerayu Retails Private Limited
Cheerayu Retails Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Memsaab Export Private Limited | ₹28.21 Cr (FY 2016) | •••• | •••• | 130.0% | •••• | Mumbai, Maharashtra, India |
| Focus Energy Limited | ₹28.21 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | New Delhi, Delhi, India |
| Sreekara Textiles Private Limited | ₹28.19 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Arham Creation Pvt Ltd | ₹28.15 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Saadaa Sustainable Designs and Technologies Private Limited | ₹28.13 Cr (FY 2024) | •••• | •••• | 218.0% | •••• | Jaipur, Rajasthan, India |
| Cheerayu Retails Private Limited this company | ₹28.11 Cr (FY 2024) | •••• | •••• | 232.0% | •••• | Bhubaneswar, Odisha, India |
| Rishta Apparels Private Limited | ₹28.11 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Hubli, Karnataka, India |
| Sagar Sangam Textile Private Limited | ₹28.11 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| Octagon Infratech Limited | ₹28.06 Cr (FY 2025) | •••• | •••• | 925.0% | •••• | Surat, Gujarat, India |
| Aari Tari Fashions Private Limited | ₹28.05 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Jaipur, Rajasthan, India |
| Oriental Retailers & Logistics Private Limited | ₹27.9 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Jabalpur, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Cheerayu Retails by revenue in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Cheerayu Retails Private Limited
Cheerayu Retails Private Limited is audited by PBM & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PBM & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cheerayu Retails Private Limited
Cheerayu Retails has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhijit Padhy | Managing Director | 02 Aug 2022 | 4 Years 2 Months | Current |
| Chandini Samal Also directs: Divinedelicacy Services Private Limited | Director | 23 Feb 2023 | 3 Years 7 Months | Current |
Ownership and Shareholding of Cheerayu Retails Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cheerayu Retails Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jun 2025 | Axis Bank Limited | ₹7.1 Cr | Open |
| 27 Feb 2025 | Others | ₹4.5 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Cheerayu Retails Private Limited
Cheerayu Retails Private Limited has a workforce of 0 employees as of Apr 10, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Cheerayu Retails Private Limited
Cheerayu Retails Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Ankita Padhy ceased to be Director on 23 Feb 2023.
Credit Ratings, Litigation & Regulatory Alerts for Cheerayu Retails Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cheerayu Retails Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cheerayu Retails Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cheerayu Retails Private Limited
Cheerayu Retails has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAKCC5089J1ZG | Odisha | Active | 22 Sep 2022 |
| 20AAKCC5089J1ZI | Jharkhand | Active | 11 Oct 2022 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cheerayu Retails Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cheerayu Retails Private Limited
Cheerayu Retails is an active private limited company based in Bhubaneswar, Odisha, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 02 August 2022 (4+ years old) and is registered under CIN U52100OR2022PTC040432.
Cheerayu Retails reported revenue of ₹28.11 Cr for FY 2024 (up 232% YoY).
Cheerayu Retails has 2 current directors:
- Abhijit Padhy - Managing Director
- Chandini Samal - Director
Cheerayu Retails reported a net profit of ₹52.78 Lakh (net margin 1.9%) and EBITDA of ₹2.8 Cr (EBITDA margin 10%) for FY 2024, as per its filed financial statements.
The GSTIN of Cheerayu Retails is 21AAKCC5089J1ZG, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 20AAKCC5089J1ZI (Jharkhand).
The CIN (Corporate Identification Number) of Cheerayu Retails is U52100OR2022PTC040432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cheerayu Retails was incorporated on 02 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Cheerayu Retails by revenue are Memsaab Export Private Limited, Focus Energy Limited, Sreekara Textiles Private Limited, Arham Creation Pvt Ltd, Saadaa Sustainable Designs and Technologies Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution).
Ankita Padhy ceased to be Director on 23 Feb 2023. Chandini Samal was appointed as Director on 23 Feb 2023. Abhijit Padhy was appointed as Managing Director on 02 Aug 2022. Cheerayu Retails has 4 board changes on record in total.
The registered office of Cheerayu Retails is at Plot No 454 Saheed Nagar, Bhubaneswar, Odisha, India – 751007.
Cheerayu Retails has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr.