About Metawear Limited
Data last updated:
Metawear Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Think9 Consumer Technologies Private Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 25 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52609MH2021PLC372230. Its GSTIN is 27AAPCM2198H1ZY (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹2.1 Cr and a paid-up capital of ₹1.49 Cr. It is led by directors including Vinod C Nair and Shreesh Misra.
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 Floor3 A Block Shivsagar Estate Dr.Annie Besant Rd Nr. Nehru Center Transit Camp Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.23 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net loss of ₹15.11 Cr (net margin -134.6%) and EBITDA of -₹11.05 Cr (EBITDA margin -98.4%). Revenue has grown at a compounded annual rate (CAGR) of 134% over three years.
The company has about 17 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kingdom of White. Court records list 1 case involving the company. The company has 1 deal on record (1 funding round); the latest was in October 2024. Its 10 peer companies in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Ab14 Fashion Private Limited with revenue of ₹11.27 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 6 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kingdomofwhite.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFloor3 A Block Shivsagar Estate Dr.Annie Besant Rd Nr. Nehru Center Transit Camp Worli, Mumbai, Maharashtra, India – 400018
- IndustryFashion and Textile, Fashion Retail
- 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
Associated Brands with Metawear Limited
Metawear operates one associated brand: Kingdom of White. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Formal wear for men is provided via an online platform. | kingdomofwhite.com |
Business Activity of Metawear Limited
The main business activity of Metawear 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 Metawear Limited FY 2025 filings available
Metawear Limited reported revenue of ₹11.23 Cr (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Metawear Limited
Revenue has grown at a compounded annual rate (CAGR) of 134% over three years, including 71% growth in the latest year. EBITDA fell 32% 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 Metawear Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | -₹11.05 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹15.11 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 of Metawear Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -98.4% | •••• | •••• | •••• |
| Net Profit Margin | -134.6% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Metawear are in the company report.
Financial statements from FY 2022
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.
Board of Directors of Metawear Limited
Metawear has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod C Nair Also directs: Newverse Foods Private Limited, Nine Consumer Brands Private Limited, Thinknew Consumer Private Limited and 2 more | Director | 23 Jan 2024 | 2 Years 8 Months | Current |
| Shreesh Misra Also directs: Future Market Networks Limited, Shagami Enterprises Private Limited, Panchwati Commerce Pvt Ltd. and 3 more | Additional Director | 29 May 2025 | 1 Years 4 Months | Current |
| Wilfred Devaraj Chettiar | Additional Director | 18 Dec 2024 | 1 Years 10 Months | Current |
Peer Comparison of Metawear Limited
Metawear Limited is compared with the companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ab14 Fashion Private Limited | ₹11.27 Cr (FY 2023) | •••• | •••• | 9765.0% | •••• | Agra, Uttar Pradesh, India |
| Chirag Tradexpo Private Limited | ₹11.26 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| Saree Palace Private Limited | ₹11.25 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mangalore, Karnataka, India |
| Guprra Exim (OPC) Private Limited | ₹11.25 Cr (FY 2021) | •••• | •••• | 9284.0% | •••• | Delhi, India |
| Shreyshree Selections Private Limited | ₹11.24 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Kolkata, West Bengal, India |
| Metawear Limited this company | ₹11.23 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Mumbai, Maharashtra, India |
| Godspeed Retail Private Limited | ₹11.22 Cr (FY 2023) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Saarang Sarees Private Limited. | ₹11.21 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
| Veena Traders Private Limited | ₹11.19 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Mumbai, Maharashtra, India |
| M.G.S. Shoes Private Limited | ₹11.19 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Jammu and Kashmir, India |
| Onfit Private Limited | ₹11.18 Cr (FY 2025) | •••• | •••• | 319.0% | •••• | Tirupur, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Metawear by revenue in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution), 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 Metawear Limited
Metawear Limited is audited by AV Rathod & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AV Rathod & Associates | 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.
Ownership and Shareholding of Metawear 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 Metawear Limited
Metawear Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Metawear Limited
Metawear Limited has 1 deal on record (1 funding round); the latest was in October 2024.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Funding round | Undisclosed | Investors: an individual |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Metawear Limited
Metawear Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Metawear Limited
Metawear Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 6 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Atmos Care Private Limited | •••• | •••• | •••• |
| Wareiq Logistics Private Limited | •••• | •••• | •••• |
| Avian Media Private Limited | •••• | •••• | •••• |
| Global Display System Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Metawear Limited
Metawear Limited has a workforce of 17 employees as of Apr 07, 2024.
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 Metawear Limited
Metawear Limited has 11 board changes on record since 2022: 3 appointments and 8 cessations. The latest: Shreesh Misra was appointed as Additional Director on 29 May 2025.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Metawear 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.
Subsidiaries & Group Companies of Metawear 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 Metawear Limited
Metawear has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCM2198H1ZY | Maharashtra | Active | 03 Jan 2022 |
| 29AAPCM2198H1ZU | Karnataka | Active | 29 Jan 2022 |
| 19AAPCM2198H1ZV | West Bengal | Active | 04 Apr 2023 |
| 09AAPCM2198H1ZW | Uttar Pradesh | Active | 22 Aug 2023 |
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 Metawear 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.
Related news about Metawear Limited
Frequently Asked Questions about Metawear Limited
Metawear is an active public limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 25 November 2021 (5+ years old) and is registered under CIN U52609MH2021PLC372230.
Metawear reported revenue of ₹11.23 Cr for FY 2025 (up 71% YoY).
Metawear has 3 current directors:
- Vinod C Nair - Director
- Shreesh Misra - Additional Director
- Wilfred Devaraj Chettiar - Additional Director
Metawear reported a net loss of ₹15.11 Cr (net margin -134.6%) and EBITDA of -₹11.05 Cr (EBITDA margin -98.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Metawear is 134% over three years. In the latest year (FY 2025) revenue rose 71%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Metawear is 27AAPCM2198H1ZY, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 29AAPCM2198H1ZU (Karnataka), 19AAPCM2198H1ZV (West Bengal), 09AAPCM2198H1ZW (Uttar Pradesh).
The CIN (Corporate Identification Number) of Metawear is U52609MH2021PLC372230. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metawear has 1 court case on record.
Metawear was incorporated on 25 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Metawear has 1 deal on record (1 funding round); the latest was in October 2024.
The peers of Metawear by revenue are Ab14 Fashion Private Limited, Chirag Tradexpo Private Limited, Saree Palace Private Limited, Guprra Exim (OPC) Private Limited, Shreyshree Selections Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution).
Shreesh Misra was appointed as Additional Director on 29 May 2025. Wilfred Devaraj Chettiar was appointed as Additional Director on 18 Dec 2024. Vinod C Nair ceased to be Additional Director on 29 Sep 2024. Metawear has 11 board changes on record in total.