MM Styles Private Limited - e-commerce in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2007PTC167158 Incorporated 19 January 2007 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company e-commerce
Data last updated
Revenue · FY 2025
₹312.83 Cr
▲ 32% YoY
Net profit · FY 2025
₹15.31 Cr
Net margin 4.9%
EBITDA · FY 2025
₹66.74 Cr
EBITDA margin 21.3%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Satisfied charges
₹41.09 Cr
No open charges
Company age
19 yrs
Est. 2007
Employees · EPFO
203
Provident fund records

About MM Styles Private Limited

Data last updated:

MM Styles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 19 January 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2007PTC167158. Its GSTIN is 27AAECM9234B1ZM (Maharashtra). The company holds 5 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Dinesh Suraj Malhotra and Venkatachalam Subramaniam.

Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹312.83 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹15.31 Cr (net margin 4.9%) and EBITDA of ₹66.74 Cr (EBITDA margin 21.3%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 33% over five years.

The company has about 203 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Manish Malhotra. As per MCA filings, the company has satisfied charges of ₹41.09 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 4 cases are pending. The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹254.62 Cr; the latest was in October 2021. Its 3 peer companies in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 1 smaller; the largest is The Souled Store Private Limited with revenue of ₹500.29 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manishmalhotra.in.

Company details

CIN U74999MH2007PTC167158
Registration Number 167158
Incorporation Date 19 January 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

MM Styles Private Limited's registered office is in Mumbai, Maharashtra. Its website is manishmalhotra.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    5th Floor 18A Gurunanak Road, Bandra West, Mumbai, Maharashtra, India – 400050
  • Industry
    E-Commerce, Online Apparel Retail

To see the full contact details of MM Styles Private Limited, buy the company report.

Comprehensive company report
MM Styles 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

MM Styles operates one associated brand: Manish Malhotra. Each brand links to its own profile.

BrandDescriptionWebsite
Custom-fitted clothing and art are offered by the couture label.manishmalhotra.in

Business activity

The main business activity of MM Styles is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of MM Styles Private Limited, buy the company report.

Financials of MM Styles Private Limited

FY 2025 filings available

MM Styles Private Limited reported revenue of ₹312.83 Cr (up 32% YoY) for FY 2025.

Revenue · FY 2025
₹312.83 Cr ▲ 32%
Net profit · FY 2025
₹15.31 Cr margin 4.9%
EBITDA · FY 2025
₹66.74 Cr margin 21.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 36%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 51%
5 years · compounded
▲ 65%

Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 32% growth in the latest year. EBITDA fell 3% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹66.74 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹15.31 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin21.3%
Net Profit Margin4.9%
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 MM Styles Private Limited, buy the company report.

Board of directors of MM Styles Private Limited

MM Styles has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dinesh Suraj MalhotraDirector19 Jan 200719 Years 9 MonthsCurrent
Venkatachalam SubramaniamDirector26 Oct 20215 Years 0 MonthsCurrent
Sujata Dinesh MalhotraDirector19 Jan 200719 Years 9 MonthsCurrent
Manish Surajprakash MalhotraDirector01 Apr 201313 Years 7 MonthsCurrent

Peer comparison

MM Styles Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
The Souled Store Private Limited₹500.29 Cr (FY 2025)36.0%Mumbai, Maharashtra, India
Soch Apparels Private Limited₹428.57 Cr (FY 2025)8.0%Bengaluru, Karnataka, India
MM Styles Private Limitedthis company₹312.83 Cr (FY 2025)₹15.31 Cr4.9%32.0%203Mumbai, Maharashtra, India
Ahujasons Shawlwale Private Limited₹229.32 Cr (FY 2025)3.0%New Delhi, Delhi, India

To see the full peer comparison of MM Styles Private Limited, buy the company report.

Auditor

MM Styles Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2023117366W/W-100018

Shareholding

The shareholding of MM Styles Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of MM Styles Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹41.09 Cr
Breakdown by lending institutions
Others₹25.50 Cr
Karnataka Bank Ltd.₹11.09 Cr
Karnataka Bank Limited₹4.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Nov 2020100395103Karnataka Bank Ltd.₹9 LakhSatisfied
20 Jul 2017100114803Others₹2 CrSatisfied
05 Oct 2016100056680Others₹20.25 CrSatisfied
30 Sep 2016100059546Others₹1.75 CrSatisfied
11 May 2016100029973Others₹1.5 CrSatisfied

To see the full charge records of MM Styles Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

MM Styles Private Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹254.62 Cr; the latest was in October 2021.

Total deals
10
Secondary share transfers
8
Funding rounds
2
Disclosed funding
₹254.62 Cr

Deals on record (5 of 10)

WhenDealAmountParties
Oct 2021Funding round₹253.58 CrInvestors: Reliance Brands Limited
Oct 2021Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Jul 2021Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 3 individuals
Dec 2020Secondary share transferUndisclosedBuyer: an individual
Seller: 4 individuals
May 2012Funding round₹1.04 CrInvestors: 4 individuals

To see the full deal history of MM Styles Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for MM Styles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

MM Styles Private Limited has a workforce of 203 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
203
Active EPFO establishments
1
Employee growth
-20.7%

GST

MM Styles has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAECM9234B1ZMMaharashtraActive01 Jul 2017
07AAECM9234B1ZODelhiActive01 Jul 2017
36AAECM9234B1ZNTelanganaActive18 Jan 2018
09AAECM9234B1ZKUttar PradeshActive02 May 2023

To see the full GST registrations and return filing status of MM Styles Private Limited, buy the company report.

Recent activity

MM Styles Private Limited has 8 board changes on record since 2007: 4 appointments and 4 cessations. The latest: Darshan Rasiklal Mehta ceased to be Additional Director on 26 Oct 2021.

AGM
Mm Styles Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Mm Styles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 02 Nov 2020 via Charge ID 100395103 with Karnataka Bank Ltd. was fully satisfied on 17 Dec 2022.
Charges
A charge registered on 20 Jul 2017 via Charge ID 100114803 with Others was fully satisfied on 17 Dec 2022.
Charges
A charge registered on 05 Oct 2016 via Charge ID 100056680 with Others was fully satisfied on 17 Dec 2022.
Charges
A charge registered on 30 Sep 2016 via Charge ID 100059546 with Others was fully satisfied on 17 Dec 2022.
Charges
A charge registered on 11 May 2016 via Charge ID 100029973 with Others was fully satisfied on 17 Dec 2022.
Charges
A charge registered on 30 Sep 2015 via Charge ID 10597776 with Karnataka Bank Limited was fully satisfied on 17 Dec 2022.
Charges
A charge registered on 16 Apr 2015 via Charge ID 10569254 with Karnataka Bank Ltd. was fully satisfied on 17 Dec 2022.
Ceased
Darshan Rasiklal Mehta ceased to be Additional Director.
Appointed
Venkatachalam Subramaniam was appointed as Director.
Ceased
Venkatachalam Subramaniam ceased to be Additional Director.

22 earlier events are in the company report.

Frequently asked questions

MM Styles is an active private limited company based in Mumbai, Maharashtra, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 19 January 2007 (19+ years old) and is registered under CIN U74999MH2007PTC167158.

MM Styles has 4 current directors:

The latest financial statements of MM Styles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of MM Styles is 27AAECM9234B1ZM, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 07AAECM9234B1ZO (Delhi), 36AAECM9234B1ZN (Telangana), 09AAECM9234B1ZK (Uttar Pradesh).

The CIN (Corporate Identification Number) of MM Styles is U74999MH2007PTC167158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

MM Styles has 10 court cases on record: 3 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.

MM Styles was incorporated on 19 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

MM Styles has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹254.62 Cr; the latest was in October 2021.

The peers of MM Styles by revenue are The Souled Store Private Limited, Soch Apparels Private Limited, Ahujasons Shawlwale Private Limited, all in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading).

Darshan Rasiklal Mehta ceased to be Additional Director on 26 Oct 2021. Venkatachalam Subramaniam was appointed as Director on 26 Oct 2021. Venkatachalam Subramaniam ceased to be Additional Director on 26 Oct 2021. MM Styles has 8 board changes on record in total.

MM Styles can be reached through the website manishmalhotra.in. Its registered office is in Mumbai, Maharashtra, India.