MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0012412
Frontier Raas Private Limited - fashion and textile in Phagwara, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹219.42 Cr
▲ 6% YoY
Net profit · FY 2025
₹10.01 Cr
Net margin 4.6%
EBITDA · FY 2025
₹24.14 Cr
EBITDA margin 11%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹85.64 Cr
Satisfied ₹87.32 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
378
Provident fund records
About Frontier Raas Private Limited
Data last updated:
Frontier Raas Private Limited is a private limited company based in Phagwara, Punjab, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 11 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51310PB2011PTC035538. Its GSTIN is 07AABCF8220F1ZY (Delhi). The company holds 13 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Chaarvi Batra and Gaurang Batra.
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 25A Model Town Phagwara, Punjab, India – 144401.
As per the financials filed for FY 2025, the company reported a revenue of ₹219.42 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹10.01 Cr (net margin 4.6%) and EBITDA of ₹24.14 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 8% over five years.
The company has about 378 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Frontier Raas. As per MCA filings, the company has open charges of ₹85.64 Cr and satisfied charges of ₹87.32 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in July 2021. Its 4 peer companies in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Marda Estates Private Limited with revenue of ₹222.89 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2021, listing 787 overdue payments to 37 micro and small suppliers.
Frontier Raas Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0012412). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frontierraas.com.
Company details
CIN U51310PB2011PTC035538
Registration Number 035538
Incorporation Date 11 October 2011
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0012412
Recognitions & Rankings of Frontier Raas
Contact details
Frontier Raas Private Limited's registered office is in Phagwara, Punjab. Its website is frontierraas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address25A Model Town Phagwara, Punjab, India – 144401
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Frontier Raas Private Limited, buy the company report.
Comprehensive company report
Frontier Raas 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
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Brands
Frontier Raas operates one associated brand: Frontier Raas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer of Indian sarees, lehengas, suits, and ethnic apparel worldwide. | frontierraas.com |
Business activity
The main business activity of Frontier Raas 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 Frontier Raas Private Limited, buy the company report.
Financials of Frontier Raas Private Limited
FY 2025 filings availableFrontier Raas Private Limited reported revenue of ₹219.42 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹219.42 Cr ▲ 6%
Net profit · FY 2025
₹10.01 Cr margin 4.6%
EBITDA · FY 2025
₹24.14 Cr margin 11%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 16%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 34%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 6% growth in the latest year. EBITDA rose 7% 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 |
|---|---|---|---|---|---|
| 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 | ₹24.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.01 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 4.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Frontier Raas Private Limited, buy the company report.
Board of directors of Frontier Raas Private Limited
Frontier Raas has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chaarvi Batra | Director | 10 Jul 2021 | 5 Years 4 Months | Current |
| Gaurang Batra Also directs: Frontier Raas Exports Private Limited, Frontier Properties Private Limited, Ganpati Empires and Estates Private Limited and 2 more | Director | 27 Mar 2021 | 5 Years 7 Months | Current |
| Tushar Batra Also directs: Frontier Bazzar Private Limited | Director | 11 Oct 2011 | 15 Years 1 Months | Current |
| Sunil Kumar Batra | Director | 01 Apr 2012 | 14 Years 7 Months | Current |
| Shivani Batra Also directs: Gne Exports Private Limited, Frontier Raas Exports Private Limited, Frontier Properties Private Limited and 3 more | Director | 11 Oct 2011 | 15 Years 1 Months | Current |
| Anil Kumar Batra | Director | 01 Apr 2012 | 14 Years 7 Months | Current |
Peer comparison
Frontier Raas Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel 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 |
|---|---|---|---|---|---|---|
| Marda Estates Private Limited | ₹222.89 Cr (FY 2025) | 24.0% | Jaipur, Rajasthan, India | |||
| Kapsons Retail Private Limited | ₹219.94 Cr (FY 2025) | 15.0% | Mohali, Punjab, India | |||
| Frontier Raas Private Limitedthis company | ₹219.42 Cr (FY 2025) | ₹10.01 Cr | 4.6% | 6.0% | 378 | Phagwara, Punjab, India |
| Amante India Limited | ₹207.34 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Patpat Trading Private Limited | ₹205.65 Cr (FY 2025) | 77.0% | New Delhi, Delhi, India |
To see the full peer comparison of Frontier Raas Private Limited, buy the company report.
Auditor
Frontier Raas Private Limited is audited by V.P.VIJH & COMPANY for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.P.VIJH & COMPANY | FY 2024 | 001248N |
Shareholding
The shareholding of Frontier Raas Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Frontier Raas Private Limited, buy the company report.
Charges & borrowings
Open charges
₹85.64 Cr
Satisfied charges
₹87.32 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2025 | 101149990 | Indian Overseas Bank | ₹1.24 Cr | Open | |
| 16 May 2025 | 101101514 | Axis Bank Limited | ₹1.5 Cr | Open | |
| 11 Aug 2023 | 100792773 | Axis Bank Limited | ₹2.98 Cr | Open | |
| 27 Oct 2021 | 100497147 | Others | ₹73.63 Cr | Open | |
| 27 Oct 2021 | 100497148 | Others | ₹6.29 Cr | Open |
To see the full charge records of Frontier Raas Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Frontier Raas Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in July 2021.
Total deals
3
Secondary share transfers
2
Funding round
1
Disclosed funding
₹99 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2013 | Funding round | ₹99 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Frontier Raas Private Limited has 7 court cases on record: 1 filed by Frontier Raas, 6 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, New Delhi, Delhi | Court case (TRAFFIC CHALLAN) | Filed against the company by State | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against M/S Manav Gangwani and 1 other | Disposed |
To see the full case history of Frontier Raas 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.
Credit ratings & regulatory alerts
Frontier Raas Private Limited was last rated by Care on 02 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Mar 2022 |
To see the full credit ratings and regulatory alerts of Frontier Raas Private Limited, buy the company report.
MSME payment delays
Frontier Raas Private Limited has 7 MSME Form 1 returns on record between 2019 and 2021, listing 787 overdue payments to 37 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 37)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sangini Designer Wears Limited | |||
| VSB Vasttram Private Limited | |||
| an individual supplier | |||
| Gne Exports Private Limited | |||
| Vanshik Clothing Private Limited |
To see the full MSME payment records of Frontier Raas Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Frontier Raas Private Limited has a workforce of 378 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
378
Active EPFO establishments
1
Employee growth
-5.3%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 378 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Frontier Raas Private Limited, buy the company report.
GST
Frontier Raas has 13 GST registrations: 5 active and 8 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
5
Cancelled / inactive
8
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCF8220F1ZY | Delhi | Active | 01 Jul 2017 |
| 04AABCF8220F1Z4 | Chandigarh | Active | 10 Apr 2019 |
| 36AABCF8220F2ZW | Telangana | Active | 08 Sep 2022 |
| 09AABCF8220F2ZT | Uttar Pradesh | Active | 24 Feb 2023 |
To see the full GST registrations and return filing status of Frontier Raas Private Limited, buy the company report.
Recent activity
Frontier Raas Private Limited has 9 board changes on record since 2011: 6 appointments and 3 cessations. The latest: Chaarvi Batra ceased to be Additional Director on 30 Nov 2021.
Charges
A charge with Others of Rs. 73.63 Cr registered on 27 Oct 2021 with Charge ID 100497147 was modified on 02 Jan 2026.
AGM
Frontier Raas Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Overseas Bank amounted to Rs. 1.24 Cr with Charge ID 101149990 was registered on 22 Aug 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 101101514 was registered on 16 May 2025.
Filing
Frontier Raas Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.98 Cr with Charge ID 100792773 was registered on 11 Aug 2023.
Charges
A charge registered on 18 Apr 2019 via Charge ID 100261175 with Axis Bank Limited was fully satisfied on 16 Jul 2022.
Charges
A charge registered on 16 Sep 2021 via Charge ID 100482785 with Others was fully satisfied on 07 Feb 2022.
Charges
A charge registered on 29 Jun 2018 via Charge ID 100187982 with Others was fully satisfied on 07 Feb 2022.
Charges
A charge registered on 29 Jun 2018 via Charge ID 100188055 with Others was fully satisfied on 07 Feb 2022.
Ceased
Chaarvi Batra ceased to be Additional Director.
Ceased
Gaurang Batra ceased to be Additional Director.
22 earlier events are in the company report.
Frequently asked questions
Frontier Raas is an active private limited company based in Phagwara, Punjab, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 11 October 2011 (15+ years old) and is registered under CIN U51310PB2011PTC035538.
Frontier Raas has 6 current directors:
- Chaarvi Batra - Director
- Gaurang Batra - Director
- Tushar Batra - Director
- Sunil Kumar Batra - Director
- Shivani Batra - Director
- Anil Kumar Batra - Director
The latest financial statements of Frontier Raas 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 Frontier Raas is 07AABCF8220F1ZY, registered in Delhi. The company has 13 GST registrations in all, of which 5 are active and 8 are cancelled or inactive. Other active GSTINs include 04AABCF8220F1Z4 (Chandigarh), 36AABCF8220F2ZW (Telangana), 09AABCF8220F2ZT (Uttar Pradesh).
The CIN (Corporate Identification Number) of Frontier Raas is U51310PB2011PTC035538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontier Raas has 7 court cases on record: 1 filed by the company and 6 filed against it. 2 are pending.
Frontier Raas was incorporated on 11 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Chandigarh.
Frontier Raas has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹99 Lakh; the latest was in July 2021.
The peers of Frontier Raas by revenue are Marda Estates Private Limited, Kapsons Retail Private Limited, Amante India Limited, Patpat Trading Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Chaarvi Batra ceased to be Additional Director on 30 Nov 2021. Gaurang Batra ceased to be Additional Director on 30 Nov 2021. Chaarvi Batra was appointed as Director on 10 Jul 2021. Frontier Raas has 9 board changes on record in total.
Yes, Frontier Raas is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0012412).
Frontier Raas has 7 MSME Form 1 returns on record between 2019 and 2021, listing 787 overdue payments to 37 micro and small suppliers. The latest return was filed on 09 Aug 2021.
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