MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0026496
Le Merite Fashions Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹23.64 Cr
▲ 11% YoY
Net loss · FY 2024
₹56.78 Lakh
Net margin -2.4%
EBITDA · FY 2024
-₹8.44 Lakh
EBITDA margin -0.4%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹13 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
About Le Merite Fashions Private Limited
Data last updated:
Le Merite Fashions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 25 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32110MH2016PTC284066. Its GSTIN is 27AADCL1155B1Z0 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Ashadevi Lath and Abhisek Lath.
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 B1 – 104D 1st Floor Boomerang Near Oberoi Garden Chandivali Farm Road Andheri East, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.64 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹56.78 Lakh (net margin -2.4%) and EBITDA of -₹8.44 Lakh (EBITDA margin -0.4%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 185% over five years.
As per MCA filings, the company has open charges of ₹13 Cr on record.
Le Merite Fashions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0026496). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lemeriteexports.com.
Company details
CIN U32110MH2016PTC284066
Registration Number 284066
Incorporation Date 25 July 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0026496
CIN history
Le Merite Fashions has one previous CIN (Corporate Identification Number): U74999MH2016PTC284066. The current CIN is U32110MH2016PTC284066, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32110MH2016PTC284066 | Current |
| U74999MH2016PTC284066 | Previous |
Recognitions & Rankings of Le Merite Fashions
Contact details
Le Merite Fashions Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressB1 – 104D 1st Floor Boomerang Near Oberoi Garden Chandivali Farm Road Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryHome & Lifestyle, Textile Retail & Distribution
Comprehensive company report
Le Merite Fashions 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 Le Merite Fashions 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 Le Merite Fashions Private Limited, buy the company report.
Financials of Le Merite Fashions Private Limited
FY 2024 filings availableLe Merite Fashions Private Limited reported revenue of ₹23.64 Cr (up 11% YoY) for FY 2024.
Revenue · FY 2024
₹23.64 Cr ▲ 11%
Net loss · FY 2024
₹56.78 Lakh margin -2.4%
EBITDA · FY 2024
-₹8.44 Lakh margin -0.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 48%
5 years · compounded
▲ 185%
EBITDA CAGR growth
1 year
▼ 314%
3 years · compounded
▼ 27%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 185% over five years, including 11% growth in the latest year. EBITDA fell 314% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹8.44 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹56.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.4% | ||||
| Net Profit Margin | -2.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Le Merite Fashions Private Limited, buy the company report.
Board of directors of Le Merite Fashions Private Limited
Le Merite Fashions has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashadevi Lath | Director | 13 Feb 2017 | 9 Years 8 Months | Current |
| Abhisek Lath Also directs: Le Merite Exports Limited, Burhanpur Integrated Textile Park Limited, Le Merite Filament Private Limited and 4 more | Director | 25 Jul 2016 | 10 Years 3 Months | Current |
| Sweta Lath Also directs: Le Merite Exports Limited | Director | 25 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Le Merite Fashions Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Textile 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 |
|---|---|---|---|---|---|---|
| Consecutive Commodities Limited | ₹23.77 Cr (FY 2025) | 7031.0% | Kolkata, West Bengal, India | |||
| Moonlight Barter Private Limited | ₹23.72 Cr (FY 2025) | -23.0% | Kolkata, West Bengal, India | |||
| Le Merite Fashions Private Limitedthis company | ₹23.64 Cr (FY 2024) | -₹56.78 Lakh | -2.4% | 11.0% | Mumbai, Maharashtra, India | |
| Threadmill Clothing Private Limited | ₹23.63 Cr (FY 2024) | -24.0% | New Delhi, Delhi, India | |||
| Rithum Enterprises Private Limited | ₹23.56 Cr (FY 2024) | New Delhi, Delhi, India | ||||
| Peeti Securities Limited | ₹23.55 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India | |||
| Sheetla Overseas Ltd | ₹23.54 Cr (FY 2024) | -26.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Le Merite Fashions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2022 | 100656258 | Uco Bank | ₹5 Cr | Open | |
| 30 Dec 2020 | 100405383 | Tirupati Urban Co-Op. Bank Limited | ₹8 Cr | Open |
To see the full charge records of Le Merite Fashions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Le Merite Fashions 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 Le Merite Fashions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Le Merite Fashions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCL1155B1Z0 | Maharashtra | Active | 26 Sep 2018 |
To see the full GST registrations and return filing status of Le Merite Fashions Private Limited, buy the company report.
Recent activity
Le Merite Fashions Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Kailash Rathi ceased to be Additional Director on 06 Apr 2022.
AGM
Le Merite Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Le Merite Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Uco Bank amounted to Rs. 5.00 Cr with Charge ID 100656258 was registered on 20 Dec 2022.
Ceased
Kailash Rathi ceased to be Additional Director.
Charges
A charge with Tirupati Urban Co-Op. Bank Limited of Rs. 8.00 Cr registered on 30 Dec 2020 with Charge ID 100405383 was modified on 21 Jan 2021.
Charges
A charge with Tirupati Urban Co-Op. Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100405383 was registered on 30 Dec 2020.
Ceased
Ashadevi Lath ceased to be Additional Director.
Appointed
Ashadevi Lath was appointed as Director.
Appointed
Abhisek Lath was appointed as Director.
Appointed
Sweta Lath was appointed as Director.
Incorporation
25 Jul 2016
Le Merite Fashions Private Limited was registered on 25 Jul 2016 with Roc Mumbai & aged 10 years 3 months as per MCA records.
Frequently asked questions
Le Merite Fashions is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 July 2016 (10+ years old) and is registered under CIN U32110MH2016PTC284066.
Le Merite Fashions has 3 current directors:
- Ashadevi Lath - Director
- Abhisek Lath - Director
- Sweta Lath - Director
The latest financial statements of Le Merite Fashions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Le Merite Fashions is 27AADCL1155B1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Le Merite Fashions is U32110MH2016PTC284066. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Le Merite Fashions was incorporated on 25 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Le Merite Fashions by revenue are Consecutive Commodities Limited, Moonlight Barter Private Limited, Threadmill Clothing Private Limited, Rithum Enterprises Private Limited, Peeti Securities Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Kailash Rathi ceased to be Additional Director on 06 Apr 2022. Ashadevi Lath ceased to be Additional Director on 28 Sep 2017. Ashadevi Lath was appointed as Director on 13 Feb 2017. Le Merite Fashions has 5 board changes on record in total.
Yes, Le Merite Fashions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0026496).
Le Merite Fashions can be reached through the website lemeriteexports.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Le Merite Fashions is at B1 – 104D 1st Floor Boomerang Near Oberoi Garden Chandivali Farm Road Andheri East, Mumbai, Maharashtra, India – 400072.