MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0073293
Estele Accessories Private Limited - e-commerce in Banjarahills, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.65 Cr
▲ 15% YoY
Net loss · FY 2025
₹2.17 Cr
Net margin -7.6%
EBITDA · FY 2025
-₹1.5 Cr
EBITDA margin -5.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
93
Provident fund records
About Estele Accessories Private Limited
Data last updated:
Estele Accessories Private Limited is a private limited company based in Banjarahills, Telangana, India. It operates in the online watches and jewelry retail segment of the e-commerce sector. It was incorporated on 29 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52590TG2019PTC136434. Its GSTIN is 36AAFCE6875M1ZY (Telangana). The company holds 11 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manikandan Narasimhan and Gusti Jall Noria.
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 8 – 2 – 325/6 And 7 Road No 3, Banjarahills, Telangana, India – 500003.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.65 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹2.17 Cr (net margin -7.6%) and EBITDA of -₹1.5 Cr (EBITDA margin -5.2%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 137% over five years.
The company has about 93 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Estele. As per MCA filings, the company has open charges of ₹10 Lakh on record.
Estele Accessories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0073293). For more details, the company can be reached via its website estele.co.
Company details
CIN U52590TG2019PTC136434
Registration Number 136434
Incorporation Date 29 October 2019
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-TS-02-0073293
Recognitions & Rankings of Estele Accessories
Contact details
Estele Accessories Private Limited's registered office is in Banjarahills, Telangana. Its website is estele.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8 – 2 – 325/6 And 7 Road No 3, Banjarahills, Telangana, India – 500003
- IndustryE-Commerce, Online Watches & Jewelry Retail
To see the full contact details of Estele Accessories Private Limited, buy the company report.
Comprehensive company report
Estele Accessories Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Estele Accessories 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 Estele Accessories Private Limited, buy the company report.
Financials of Estele Accessories Private Limited
FY 2025 filings availableEstele Accessories Private Limited reported revenue of ₹28.65 Cr (up 15% YoY) for FY 2025.
Revenue · FY 2025
₹28.65 Cr ▲ 15%
Net loss · FY 2025
₹2.17 Cr margin -7.6%
EBITDA · FY 2025
-₹1.5 Cr margin -5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 36%
5 years · compounded
▲ 137%
EBITDA CAGR growth
1 year
▲ 46%
3 years · compounded
▼ 54%
5 years · compounded
▼ 35%
Revenue has grown at a compounded annual rate (CAGR) of 137% over five years, including 15% growth in the latest year. EBITDA rose 46% 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 | -₹1.5 Cr | ||||
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| Net Profit (PAT) | -₹2.17 Cr | ||||
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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 | -5.2% | ||||
| Net Profit Margin | -7.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Estele Accessories Private Limited, buy the company report.
Board of directors of Estele Accessories Private Limited
Estele Accessories has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manikandan Narasimhan Also directs: Estele Fashions LLP, LCGC Bioanalytic Solutions LLP, LCGC Trucal and Services LLP and 5 more | Director | 29 Oct 2019 | 7 Years 0 Months | Current |
| Gusti Jall Noria | Director | 29 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Estele Accessories Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rubenzo Ventures Private Limited | ₹31.73 Cr (FY 2025) | 67.0% | Gurgaon, Haryana, India | |||
| Bavane Jewellers Private Limited | ₹30.88 Cr (FY 2025) | -11.0% | Panhala, Maharashtra, India | |||
| Trendybiz Enterprise Private Limited | ₹29.15 Cr (FY 2025) | 79.0% | Mumbai, Maharashtra, India | |||
| Estele Accessories Private Limitedthis company | ₹28.65 Cr (FY 2025) | -₹2.17 Cr | -7.6% | 15.0% | 93 | Banjarahills, Telangana, India |
To see the full peer comparison of Estele Accessories Private Limited, buy the company report.
Auditor
Estele Accessories Private Limited is audited by P.MURALI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.MURALI & CO | FY 2023 | 007257S |
Shareholding
The shareholding of Estele Accessories Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Estele Accessories Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2021 | 100469826 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Estele Accessories Private Limited 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 Estele Accessories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Estele Accessories Private Limited has a workforce of 93 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
93
Active EPFO establishments
1
Employee growth
55%
GST
Estele Accessories has 11 GST registrations: 11 active. The first 4 active GSTINs are listed below.
Total GSTINs
11
Active
11
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCE6875M1ZY | Telangana | Active | 02 Jan 2020 |
| 06AAFCE6875M1Z1 | Haryana | Active | 04 Mar 2020 |
| 19AAFCE6875M1ZU | West Bengal | Active | 13 Mar 2020 |
| 07AAFCE6875M1ZZ | Delhi | Active | 15 Jun 2020 |
To see the full GST registrations and return filing status of Estele Accessories Private Limited, buy the company report.
Recent activity
Estele Accessories Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Gusti Jall Noria was appointed as Director on 29 Oct 2019.
AGM
Estele Accessories Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Estele Accessories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 10.00 Lakh with Charge ID 100469826 was registered on 05 Aug 2021.
Appointed
Gusti Jall Noria was appointed as Director.
Appointed
Manikandan Narasimhan was appointed as Director.
Incorporation
29 Oct 2019
Estele Accessories Private Limited was registered on 29 Oct 2019 with Roc Hyderabad & aged 7 years 1 day as per MCA records.
Frequently asked questions
Estele Accessories is an active private limited company based in Banjarahills, Telangana, India. The company works in online watches and jewelry retail, within the e-commerce industry. It was incorporated on 29 October 2019 (7+ years old) and is registered under CIN U52590TG2019PTC136434.
Estele Accessories has 2 current directors:
- Manikandan Narasimhan - Director
- Gusti Jall Noria - Director
The latest financial statements of Estele Accessories 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 FY 2020 are in the company report.
The GSTIN of Estele Accessories is 36AAFCE6875M1ZY, registered in Telangana. The company has 11 GST registrations in all, of which 11 are active. Other active GSTINs include 06AAFCE6875M1Z1 (Haryana), 19AAFCE6875M1ZU (West Bengal), 07AAFCE6875M1ZZ (Delhi).
The CIN (Corporate Identification Number) of Estele Accessories is U52590TG2019PTC136434. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Estele Accessories was incorporated on 29 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Estele Accessories by revenue are Rubenzo Ventures Private Limited, Bavane Jewellers Private Limited, Trendybiz Enterprise Private Limited, all in the Ecommerce and Internet industry (Watches and Jewellery), with the same principal business activity (retail trading).
Gusti Jall Noria was appointed as Director on 29 Oct 2019. Manikandan Narasimhan was appointed as Director on 29 Oct 2019.
Yes, Estele Accessories is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0073293).
Estele Accessories can be reached through the website estele.co. Its registered office is in Banjarahills, Telangana, India.
The registered office of Estele Accessories is at 8 – 2 – 3256 And 7 Road No 3, Banjarahills, Telangana, India – 500003.