MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0017293
Latitude Retail Private Limited
Latitude Retail Private Limited - fashion and textile in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹13.1 Lakh
▼ 58% YoY
Net loss · FY 2025
₹3.36 Lakh
Net margin -25.7%
EBITDA · FY 2025
-₹83,464
EBITDA margin -6.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9.99 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Satisfied ₹25 Lakh
Company age
15 yrs
Est. 2011
Directors on board
2
As per MCA filings
About Latitude Retail Private Limited
Data last updated:
Latitude Retail Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 02 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2011PTC063927. Its GSTIN is 24AACCL0395E1ZT (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.99 Lakh. It is led by directors Ankur Maheshwari Kailashchandra and Uma Maheshwari.
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 12 Nirant Apartment 22 Pritam Nagar Ellisbridge, Ahmedabad, Gujarat, India – 380006.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.1 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹3.36 Lakh (net margin -25.7%) and EBITDA of -₹83,464 (EBITDA margin -6.4%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh and satisfied charges of ₹25 Lakh on record.
Latitude Retail Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0017293). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U52100GJ2011PTC063927
Registration Number 063927
Incorporation Date 02 February 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0017293
Recognitions & Rankings of Latitude Retail
Contact details
Latitude Retail Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address12 Nirant Apartment 22 Pritam Nagar Ellisbridge, Ahmedabad, Gujarat, India – 380006
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Latitude Retail Private Limited, buy the company report.
Comprehensive company report
Latitude Retail 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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Business activity
The main business activity of Latitude Retail 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 Latitude Retail Private Limited, buy the company report.
Financials of Latitude Retail Private Limited
FY 2025 filings availableLatitude Retail Private Limited reported revenue of ₹13.1 Lakh (down 58% YoY) for FY 2025.
Revenue · FY 2025
₹13.1 Lakh ▼ 58%
Net loss · FY 2025
₹3.36 Lakh margin -25.7%
EBITDA · FY 2025
-₹83,464 margin -6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 59%
5 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 128%
3 years · compounded
▼ 35%
5 years · compounded
▲ 34%
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 58% fall in the latest year. EBITDA fell 128% 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 | |||||
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| Total Expenses | |||||
| EBITDA | -₹83,464 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.36 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.4% | ||||
| Net Profit Margin | -25.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Latitude Retail Private Limited, buy the company report.
Board of directors of Latitude Retail Private Limited
Latitude Retail has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Maheshwari Kailashchandra | Director | 22 Jul 2022 | 4 Years 3 Months | Current |
| Uma Maheshwari | Director | 15 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Latitude Retail Private Limited is audited by JAGETIYA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGETIYA & CO | FY 2021 | 131407W |
Shareholding
The shareholding of Latitude Retail Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Latitude Retail Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
₹25 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2022 | 100643342 | Others | ₹25 Lakh | Satisfied |
To see the full charge records of Latitude Retail Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Latitude Retail 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 Latitude Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Latitude Retail has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCL0395E1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Latitude Retail Private Limited, buy the company report.
Recent activity
Latitude Retail Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Kailashchandra Maheshwari Keshavlal ceased to be Director on 23 Jul 2022.
AGM
Latitude Retail Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 28 Sep 2022 via Charge ID 100643342 with Others was fully satisfied on 13 May 2025.
Filing
Latitude Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 25.00 Lakh with Charge ID 100643342 was registered on 28 Sep 2022.
Ceased
Kailashchandra Maheshwari Keshavlal ceased to be Director.
Appointed
Ankur Maheshwari Kailashchandra was appointed as Director.
Ceased
Ankur Maheshwari Kailashchandra ceased to be Director.
Appointed
Uma Maheshwari was appointed as Director.
Ceased
Anshul Srivastava ceased to be Director.
Ceased
Ankit Kailashchandra Maheshwari ceased to be Director.
Incorporation
02 Feb 2011
Latitude Retail Private Limited was registered on 02 Feb 2011 with Roc Ahmedabad & aged 15 years 9 months as per MCA records.
Frequently asked questions
Latitude Retail is an active private limited company based in Ahmedabad, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 02 February 2011 (15+ years old) and is registered under CIN U52100GJ2011PTC063927.
Latitude Retail has 2 current directors:
- Ankur Maheshwari Kailashchandra - Director
- Uma Maheshwari - Director
The latest financial statements of Latitude Retail 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 Latitude Retail is 24AACCL0395E1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Latitude Retail is U52100GJ2011PTC063927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latitude Retail was incorporated on 02 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kailashchandra Maheshwari Keshavlal ceased to be Director on 23 Jul 2022. Ankur Maheshwari Kailashchandra was appointed as Director on 22 Jul 2022. Ankur Maheshwari Kailashchandra ceased to be Director on 15 Apr 2019. Latitude Retail has 6 board changes on record in total.
Yes, Latitude Retail is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0017293).
The registered office of Latitude Retail is at 12 Nirant Apartment 22 Pritam Nagar Ellisbridge, Ahmedabad, Gujarat, India – 380006.
Latitude Retail operates in the fashion and textile industry, in the fashion retail segment.
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