About Metro Athleisure Limited
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Metro Athleisure Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Metro Brands Limited. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 22 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2016PLC288788. Its GSTIN is 27AAKCM7283N1ZM (Maharashtra). The company holds 17 GST registrations, of which 16 are active.
The company has an authorised share capital of ₹189.67 Cr and a paid-up capital of ₹97.83 Cr. It was formerly known as Moonraker Brands Limited. It is led by directors including Mohammed Iqbal Hasanally Dossani (Whole-Time Director) and Farah Malik Bhanji.
Its last annual general meeting (AGM) was held on 05 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 ₹12.94 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹89 Lakh (net margin 6.9%) and EBITDA of ₹1.43 Cr (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 44% over five years.
The company has about 145 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cravatex Brands. As per MCA filings, the company has satisfied charges of ₹120.8 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 3 cases are pending. The company has 15 deals on record (6 secondary share transfers, 5 funding rounds, 2 debt financings), with disclosed funding of ₹117.04 Cr; the latest was in December 2022. Its 5 peer companies in the Consumer Products industry (Accessories Retail and Distribution, Footwear Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 2 larger and 3 smaller; the largest is G & B Foot Corp Private Limited with revenue of ₹13.11 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 70 overdue payments to 12 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 cravatexbrands.com.
Company details
Contact details
Metro Athleisure Limited's registered office is in Mumbai, Maharashtra. Its website is cravatexbrands.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address401 Zillion 4th Floor, Lbs Marg & Cst Road Junction Kurla (West), Mumbai, Maharashtra, India – 400070
- IndustryConsumer Goods, Footwear Retail & Distribution, Accessories Retail & Distribution
To see the full contact details of Metro Athleisure Limited, buy the company report.
- 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
Brands
Metro Athleisure operates one associated brand: Cravatex Brands. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lifestyle, sports, and wellness products are retailed by Cravatex Brands. | cravatexbrands.com |
Business activity
The main business activity of Metro Athleisure is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Metro Athleisure Limited, buy the company report.
Financials of Metro Athleisure Limited
FY 2025 filings availableMetro Athleisure Limited reported revenue of ₹12.94 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 14% fall in the latest year. EBITDA rose 133% 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 |
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| EBITDA | ₹1.43 Cr | ||||
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| Net Profit (PAT) | ₹89 Lakh | ||||
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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 | 11.1% | ||||
| Net Profit Margin | 6.9% | ||||
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To see the full financial statements and ratios of Metro Athleisure Limited, buy the company report.
Board of directors and KMP of Metro Athleisure Limited
Metro Athleisure Limited currently reports 3 directors and 2 key managerial personnel. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepa Sood | Company Secretary | 15 Jan 2025 | 1 Years 9 Months | Current |
| Farah Malik Bhanji | Director | 01 Dec 2022 | 3 Years 10 Months | Current |
| Mohammed Iqbal Hasanally Dossani Also directs: MHS Developers LLP, Metro Brands Limited, Metro Plaza Arcade Private Limited and 1 more | Whole-Time Director | 01 Dec 2022 | 3 Years 10 Months | Current |
| Kaushal Khodidas Parekh Also directs: Metmill Footwear Private Limited | Cfo | 16 May 2023 | 3 Years 5 Months | Current |
| Nissan Joseph Also directs: M.V. Shoe Care Private Limited | Director | 02 Jan 2023 | 3 Years 9 Months | Current |
Peer comparison
Metro Athleisure Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution, Footwear Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G & B Foot Corp Private Limited | ₹13.11 Cr (FY 2025) | -43.0% | New Delhi, Delhi, India | |||
| Frameskraft.Com India Private Limited | ₹13.06 Cr (FY 2025) | -31.0% | New Delhi, Delhi, India | |||
| Metro Athleisure Limitedthis company | ₹12.94 Cr (FY 2025) | ₹89 Lakh | 6.9% | -14.0% | 145 | Mumbai, Maharashtra, India |
| Shahenaz Home Fashion Private Limited | ₹12.89 Cr (FY 2024) | 4.0% | Mumbai, Maharashtra, India | |||
| Sri Aaravika Motors Private Limited | ₹12.87 Cr (FY 2024) | 44.0% | Chennai, Tamil Nadu, India | |||
| Mahavira Jewellers Private Limited | ₹12.82 Cr (FY 2024) | 17.0% | New Delhi, Delhi, India |
To see the full peer comparison of Metro Athleisure Limited, buy the company report.
Auditor
Metro Athleisure Limited is audited by BSR & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BSR & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Metro Athleisure 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Metro Athleisure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2021 | 100446048 | Hdfc Bank Limited | ₹10.83 Cr | Satisfied | |
| 26 May 2017 | 100105776 | Hdfc Bank Limited | ₹85 Cr | Satisfied | |
| 05 Oct 2012 | 10389018 | Others | ₹24.97 Cr | Satisfied |
To see the full charge records of Metro Athleisure Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Metro Athleisure Limited has 15 deals on record (6 secondary share transfers, 5 funding rounds, 2 debt financings), with disclosed funding of ₹117.04 Cr; the latest was in December 2022.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Metro Brands Limited Seller: Paragon Partners |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Metro Brands Limited Seller: Paragon Partners |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Metro Brands Limited Seller: Paragon Partners, 2 individuals |
| Nov 2022 | Secondary share transfer | Undisclosed | Buyer: Metro Brands Limited Seller: Cravatex Limited , Proline Exports Private Limited, G Hira & Co. |
| Mar 2022 | Funding round · Series A | ₹52.62 Cr | Investors: Proline Exports Private Limited, G Hira & Co., Batra Family Trust |
To see the full deal history of Metro Athleisure Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Metro Athleisure Limited has 6 court cases on record: 5 filed by Metro Athleisure, 1 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 2 |
| District courts | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against Lanza Apparels Private Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Lanza Apparels Private Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Essential Logistics Private Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against August Purple Services Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Ms Prachi Enterprises | Pending |
To see the full case history of Metro Athleisure Limited, buy the company report.
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
Metro Athleisure Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 70 overdue payments to 12 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 (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alpine Shoes Private Limited | |||
| Shah Valera & Associates LLP | |||
| Rishi Fabrics Limited | |||
| PNR Apparels Private Limited | |||
| Aaratrika Apparels Private Limited |
To see the full MSME payment records of Metro Athleisure Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Metro Athleisure Limited has a workforce of 145 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Metro Athleisure has 17 GST registrations: 16 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM7283N1ZM | Maharashtra | Active | 01 Jul 2017 |
| 05AAKCM7283N1ZS | Uttarakhand | Active | 01 Jul 2017 |
| 07AAKCM7283N1ZO | Delhi | Active | 01 Jul 2017 |
| 09AAKCM7283N1ZK | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Metro Athleisure Limited, buy the company report.
Recent activity
Metro Athleisure Limited has 23 board changes on record since 2017: 5 appointments and 18 cessations. The latest: Deepa Sood was appointed as Company Secretary on 15 Jan 2025.
22 earlier events are in the company report.
Frequently asked questions
Metro Athleisure is an active public limited company based in Mumbai, Maharashtra, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 22 December 2016 (10+ years old) and is registered under CIN U51909MH2016PLC288788.
Metro Athleisure has 5 current directors and KMP:
- Mohammed Iqbal Hasanally Dossani - Whole-Time Director
- Farah Malik Bhanji - Director
- Nissan Joseph - Director
- Deepa Sood - Company Secretary
- Kaushal Khodidas Parekh - Cfo
The latest financial statements of Metro Athleisure on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Metro Athleisure is 27AAKCM7283N1ZM, registered in Maharashtra. The company has 17 GST registrations in all, of which 16 are active and 1 is cancelled or inactive. Other active GSTINs include 05AAKCM7283N1ZS (Uttarakhand), 07AAKCM7283N1ZO (Delhi), 09AAKCM7283N1ZK (Uttar Pradesh).
The CIN (Corporate Identification Number) of Metro Athleisure is U51909MH2016PLC288788. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metro Athleisure has 6 court cases on record: 5 filed by the company and 1 filed against it. 3 are pending. Most are in the high courts.
Metro Athleisure was incorporated on 22 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Metro Athleisure has 15 deals on record (6 secondary share transfers, 5 funding rounds, 2 debt financings), with disclosed funding of ₹117.04 Cr; the latest was in December 2022.
The peers of Metro Athleisure by revenue are G & B Foot Corp Private Limited, Frameskraft.Com India Private Limited, Shahenaz Home Fashion Private Limited, Sri Aaravika Motors Private Limited, Mahavira Jewellers Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution, Footwear Retail and Distribution), with the same principal business activity (retail trading).
Deepa Sood was appointed as Company Secretary on 15 Jan 2025. Farah Malik Bhanji ceased to be Additional Director on 26 Jun 2023. Kaushal Khodidas Parekh ceased to be Additional Director on 26 Jun 2023. Metro Athleisure has 23 board changes on record in total.
Metro Athleisure has 3 MSME Form 1 returns on record between 2023 and 2024, listing 70 overdue payments to 12 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Metro Athleisure can be reached through the website cravatexbrands.com. Its registered office is in Mumbai, Maharashtra, India.