About Iridescent Apparels Private Limited
Data last updated:
Iridescent Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 25 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC113473. Its GSTIN is 29AAECI8899Q1Z6 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8.51 Lakh. It is led by directors Pitchaimuthu Alagarsamy and Gurusamy Sathya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 174/1 – 5 Arekere Village # 3 4th Floor Nbb Arekere Bannerghatta Road, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.56 Cr, a growth of 136% compared to the previous year. For the same year it recorded a net profit of ₹19.06 Lakh (net margin 0.4%) and EBITDA of ₹93.91 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 111% over three years and 97% over five years.
The company is associated with 1 brand: Feather Soft. As per MCA filings, the company has open charges of ₹9.2 Cr on record.
For more details, the company can be reached via its website feathersoftonline.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 174/1 – 5 Arekere Village # 3 4th Floor Nbb Arekere Bannerghatta Road, Bangalore, Karnataka, India – 560076
- IndustryFashion and Textile, Designer & Branded Fashion
- 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 Iridescent Apparels Private Limited
The main business activity of Iridescent Apparels 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 Iridescent Apparels Private Limited FY 2024 filings available
Iridescent Apparels Private Limited reported revenue of ₹47.56 Cr (up 136% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Iridescent Apparels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 97% over five years, including 136% growth in the latest year. EBITDA rose 35% 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 of Iridescent Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹93.91 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.06 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 Iridescent Apparels Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Iridescent Apparels are in the company report.
Financial statements from FY 2019
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 Iridescent Apparels Private Limited
Iridescent Apparels Private Limited is compared with the companies closest to it by revenue in the Apparel industry (Branded Wear). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| H2 Apparels Private Limited | ₹48.96 Cr (FY 2016) | •••• | •••• | 36.0% | •••• | Hyderabad, Telangana, India |
| Amarratva Knitwears Private Limited | ₹48.78 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Tiruppur, Tamil Nadu, India |
| Dadu's Fashions Private Limited | ₹48.2 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Deal Global Fashions Private Limited | ₹48.09 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Mumbai, Maharashtra, India |
| Kohinoor Eximtex Private Limited | ₹47.6 Cr (FY 2016) | •••• | •••• | 10.0% | •••• | Navi Mumbai, Maharashtra, India |
| Iridescent Apparels Private Limited this company | ₹47.56 Cr (FY 2024) | •••• | •••• | 136.0% | •••• | Bangalore, Karnataka, India |
| Cavana Clothing Private Limited | ₹47.14 Cr (FY 2020) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Scoobee Day Garments (India) Limited Listed | ₹47.11 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Aluva, Kerala, India |
| Teemper Lifestyle Private Limited | ₹46.8 Cr (FY 2018) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Koelle Designs Private Limited | ₹46.74 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Jaipur, Rajasthan, India |
| Satcha Textile Private Limited | ₹45.88 Cr (FY 2024) | •••• | •••• | -29.0% | •••• | Tirupur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Iridescent Apparels by revenue in the Apparel industry (Branded Wear), 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 Iridescent Apparels Private Limited
Iridescent Apparels Private Limited is audited by Varaprasad & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Varaprasad & Co | 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 Iridescent Apparels Private Limited
Iridescent Apparels 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 |
|---|---|---|---|---|
| Pitchaimuthu Alagarsamy Also directs: Iridescent Intimates Private Limited | Director | 25 May 2018 | 8 Years 4 Months | Current |
| Gurusamy Sathya | Director | 08 Mar 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Iridescent Apparels 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 Iridescent Apparels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2025 | Others | ₹42.74 Lakh | Open |
| 01 Sep 2022 | Others | ₹5.65 Cr | Open |
| 16 Oct 2018 | Others | ₹3.12 Cr | Open |
Total charge records: 3 View all charges
Associated Brands with Iridescent Apparels Private Limited
Iridescent Apparels operates one associated brand: Feather Soft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer selling clothing and accessories for women, girls, and kids. | feathersoftonline.com |
Employees and EPFO Compliance at Iridescent Apparels Private Limited
Employment history and EPFO contributions of people linked to Iridescent Apparels.
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 Iridescent Apparels Private Limited
Iridescent Apparels Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Gurusamy Sathya was appointed as Director on 08 Mar 2024.
Credit Ratings, Litigation & Regulatory Alerts for Iridescent Apparels 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 Iridescent Apparels 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 Iridescent Apparels 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 Iridescent Apparels Private Limited
Iridescent Apparels has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI8899Q1Z6 | Karnataka | Active | 19 Jun 2018 |
| 33AAECI8899Q1ZH | Tamil Nadu | Active | 06 Jul 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 Iridescent Apparels 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 Iridescent Apparels Private Limited
Iridescent Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 25 May 2018 (8+ years old) and is registered under CIN U74999KA2018PTC113473.
Iridescent Apparels reported revenue of ₹47.56 Cr for FY 2024 (up 136% YoY).
Iridescent Apparels has 2 current directors:
- Pitchaimuthu Alagarsamy - Director
- Gurusamy Sathya - Director
Iridescent Apparels reported a net profit of ₹19.06 Lakh (net margin 0.4%) and EBITDA of ₹93.91 Lakh (EBITDA margin 2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Iridescent Apparels is 111% over three years and 97% over five years. In the latest year (FY 2024) revenue rose 136%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Iridescent Apparels is 29AAECI8899Q1Z6, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAECI8899Q1ZH (Tamil Nadu).
The CIN (Corporate Identification Number) of Iridescent Apparels is U74999KA2018PTC113473. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Iridescent Apparels was incorporated on 25 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Iridescent Apparels by revenue are H2 Apparels Private Limited, Amarratva Knitwears Private Limited, Dadu's Fashions Private Limited, Deal Global Fashions Private Limited, Kohinoor Eximtex Private Limited and 5 more, all in the Apparel industry (Branded Wear).
Gurusamy Sathya was appointed as Director on 08 Mar 2024. Venkatesh Garla Nagarathna ceased to be Director on 08 Mar 2024. Pitchaimuthu Alagarsamy was appointed as Director on 25 May 2018.
Iridescent Apparels can be reached through the website feathersoftonline.com. Its registered office is in Bangalore, Karnataka, India.