About Mystique Apparels Private Limited
Data last updated:
Mystique Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 22 December 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18101KA1995PTC019463. Its GSTIN is 29AABCM4577A1ZJ (Karnataka).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹44 Lakh. It was formerly known as Mystique Apparels India Private Limited. It is led by directors including Mahesh Gopalakrishna Shetty and Gopalakrishna Pommayya Shetty.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 180 1st Main Roadmahalakshmi Layout Bangalore, Karnataka, India – 560086.
As per the financials filed for FY 2025, the company reported a revenue of ₹44,781, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹8.53 Lakh and EBITDA of -₹4.26 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 70% over five years.
As per MCA filings, the company has satisfied charges of ₹1.13 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mystiqueapparels.com.
Company details
Contact details
Mystique Apparels Private Limited's registered office is in Bangalore, Karnataka. Its website is mystiqueapparels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address180 1st Main Roadmahalakshmi Layout Bangalore, Karnataka, India – 560086
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Mystique Apparels Private 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
Business activity
The main business activity of Mystique Apparels is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Mystique Apparels Private Limited, buy the company report.
Financials of Mystique Apparels Private Limited
FY 2025 filings availableMystique Apparels Private Limited reported revenue of ₹44,781 (down 97% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 97% fall in the latest year. EBITDA fell 44% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.53 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Mystique Apparels Private Limited, buy the company report.
Board of directors of Mystique Apparels Private Limited
Mystique Apparels has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Gopalakrishna Shetty Also directs: Skydealz India Property Services LLP, Urbi Farm LLP, M S Pride Properties LLP and 5 more | Director | 15 Jul 1998 | 28 Years 3 Months | Current |
| Gopalakrishna Pommayya Shetty Also directs: Multiplex Urban Green (India) Private Limited, Multiplex Agricare Private Limited, Multiplex Fertilizers Private Limited and 2 more | Director | 27 Jun 2001 | 25 Years 4 Months | Current |
| Nagalakshmi Ashok Kumar Shetty Also directs: Multimore Financiers Limited | Director | 22 Dec 1995 | 30 Years 10 Months | Current |
| Ashokkumar Molahalli | Director | 22 Dec 1995 | 30 Years 10 Months | Current |
Auditor
Mystique Apparels Private Limited is audited by P R S R & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P R S R & CO | FY 2023 | 019465S |
Shareholding
The shareholding of Mystique Apparels 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 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 Mystique Apparels Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 1997 | 80012135 | Karnataka State Financial Corporation | ₹23 Lakh | Satisfied | |
| 09 Sep 1996 | 80012134 | Karnataka State Financial Corporation | ₹90 Lakh | Satisfied |
To see the full charge records of Mystique Apparels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mystique Apparels Private Limited has 2 court cases on record: 2 filed by Mystique Apparels. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed by the company against The Union of India Ministry of Labour | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Union of India Ministry of Labour | Disposed |
To see the full case history of Mystique Apparels Private 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
No delayed payments to MSME suppliers are on our record for Mystique Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mystique Apparels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM4577A1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mystique Apparels Private Limited, buy the company report.
Recent activity
Mystique Apparels Private Limited has 4 board changes on record since 1995: 4 appointments. The latest: Gopalakrishna Pommayya Shetty was appointed as Director on 27 Jun 2001.
Frequently asked questions
Mystique Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 22 December 1995 (31+ years old) and is registered under CIN U18101KA1995PTC019463.
Mystique Apparels has 4 current directors:
- Mahesh Gopalakrishna Shetty - Director
- Gopalakrishna Pommayya Shetty - Director
- Nagalakshmi Ashok Kumar Shetty - Director
- Ashokkumar Molahalli - Director
The latest financial statements of Mystique Apparels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mystique Apparels is 29AABCM4577A1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Mystique Apparels is U18101KA1995PTC019463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mystique Apparels has 2 court cases on record: 2 filed by the company.
Mystique Apparels was incorporated on 22 December 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Gopalakrishna Pommayya Shetty was appointed as Director on 27 Jun 2001. Mahesh Gopalakrishna Shetty was appointed as Director on 15 Jul 1998. Ashokkumar Molahalli was appointed as Director on 22 Dec 1995. Mystique Apparels has 4 board changes on record in total.
Mystique Apparels can be reached through the website mystiqueapparels.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mystique Apparels is at 180 1st Main Roadmahalakshmi Layout Bangalore, Karnataka, India – 560086.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
