About Nexon Omniverse Limited
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Nexon Omniverse Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of S J Financial Advisory Llp. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 07 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2011PLC221613. Its GSTIN is 27AAQCS3643G1Z1 (Maharashtra). The company holds 15 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹46.25 Cr and a paid-up capital of ₹38.82 Cr. It was formerly known as Shree Balaji Ethnicity Retail Private Limited and Shree Balaji Ethnicity Retail Limited. It is led by directors including Rajesh Seth (Whole-Time Director) and Nimish Mangaldas Shah (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹587.61 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net loss of ₹24.03 Cr (net margin -4.1%) and EBITDA of ₹78.91 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 144% over three years and 39% over five years.
The company has about 1,140 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Ethnicity and Style Union. As per MCA filings, the company has open charges of ₹56 Cr and satisfied charges of ₹96.73 Cr on record. Court records list 26 cases involving the company, including 7 filed by the company and 19 filed against it; 9 cases are pending. The company has 31 deals on record (17 secondary share transfers, 10 funding rounds, 2 debt financings), with disclosed funding of ₹638.53 Cr; the latest was in April 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethnicity.in.
Company details
Name history
Nexon Omniverse has undergone 4 name changes throughout its history. The current legal name is Nexon Omniverse Limited.
| Company Name | Status |
|---|---|
| Nexon Omniverse Limited | Current |
| Shree Balaji Ethnicity Retail Private Limited | Previous |
| Shree Balaji Ethnicity Retail Limited | Previous |
| S.J. Retail Private Limited | Previous |
| Ethnicity Limited | Previous |
CIN history
Nexon Omniverse has one previous CIN (Corporate Identification Number): U52100MH2011PTC221613. The current CIN is U52100MH2011PLC221613, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100MH2011PLC221613 | Current |
| U52100MH2011PTC221613 | Previous |
Contact details
Nexon Omniverse Limited's registered office is in Mumbai, Maharashtra. Its website is ethnicity.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressD – 202 Synthofine Estate Off Aarey Road Behind Virvani Industrial Estate Gorega, On East, Mumbai, Maharashtra, India – 400063
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Nexon Omniverse 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
Nexon Omniverse operates two associated brands: Ethnicity and Style Union. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Women's ethnic apparel is designed and retailed by the brand. | ethnicity.in | |
| Fashion products for men, women, and kids are sold online. | styleunion.in |
Business activity
The main business activity of Nexon Omniverse 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 Nexon Omniverse Limited, buy the company report.
Financials of Nexon Omniverse Limited
FY 2026 filings availableNexon Omniverse Limited reported revenue of ₹587.61 Cr (up 68% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 68% growth 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 | ₹78.91 Cr | ||||
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| Net Profit (PAT) | -₹24.03 Cr | ||||
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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 | 13.4% | ||||
| Net Profit Margin | -4.1% | ||||
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To see the full financial statements and ratios of Nexon Omniverse Limited, buy the company report.
Board of directors of Nexon Omniverse Limited
Nexon Omniverse has 8 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Seth | Whole-Time Director | 23 Mar 2022 | 4 Years 7 Months | Current |
| Vivekkumar Taparia Also directs: Jagannath Vijaykumar Trading LLP, V3 Holdings & Advisors LLP, Endeavour Films LLP and 5 more | Nominee Director | 08 Feb 2023 | 3 Years 8 Months | Current |
| Nimish Mangaldas Shah | Whole-Time Director | 15 Jan 2026 | 0 Years 9 Months | Current |
| Abizer Shabbir Diwanji Also directs: Neostrat Advisors LLP, Cemindia Projects Limited, Mahindra Manulife Investment Management Private Limited and 3 more | Director | 15 Jan 2026 | 0 Years 9 Months | Current |
| Sharmila Nitin Paranjpe Also directs: Cipla Limited, Door Step School Foundation | Director | 15 Jan 2026 | 0 Years 9 Months | Current |
| Avnish Anand | Director | 15 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Nexon Omniverse Limited is audited by G P Kapadia & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G P Kapadia & Co. | FY 2022 | 104768W |
Shareholding
The shareholding of Nexon Omniverse 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 Nexon Omniverse Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2026 | 101251687 | Others | ₹1 Cr | Open | |
| 14 Feb 2025 | 101090764 | Others | ₹40 Cr | Open | |
| 25 Jul 2023 | 100753771 | Others | ₹15 Cr | Open | |
| 07 Aug 2023 | 100826816 | Others | ₹15 Cr | Satisfied | |
| 13 Sep 2016 | 100050899 | Others | ₹3 Cr | Satisfied |
To see the full charge records of Nexon Omniverse Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Nexon Omniverse Limited has 31 deals on record (17 secondary share transfers, 10 funding rounds, 2 debt financings), with disclosed funding of ₹638.53 Cr; the latest was in April 2026.
Deals on record (5 of 31)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round · Series D | ₹200 Cr | Investors: Capri Global Holdings Private Limited , Everest Finance And Investment Company, Venktesh Investment and Trading Company Private Limited , an individual |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Perspective Fashion and Accessories Private Limited |
| May 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Perspective Fashion and Accessories Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Perspective Fashion and Accessories Private Limited , Kasturi Trust Seller: Rakesh Biyani Trust, 2 individuals |
| Nov 2023 | Funding round · Series C | ₹195.26 Cr | Investors: Everest Finance And Investment Company, 3 individuals |
To see the full deal history of Nexon Omniverse 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
Nexon Omniverse Limited has 26 court cases on record: 7 filed by Nexon Omniverse, 19 filed against it. 9 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 15 | 6 |
| High courts | 7 | 3 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S. Tawnydove (OPC) Pvt. Ltd. | Pending |
| High Court for State of Telangana | Revision petition | Filed by the company against M/S L and T Metro Rail (Hyderabad) Limited, | Pending |
| High Court, KARNATAKA | Arbitration matter | Filed by the company against Levi Strauss(India) Private Limited and 4 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Protinus Fashion Networking Private Limited and 4 Others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Emdee Apparels Private Limited and 2 others | Pending |
To see the full case history of Nexon Omniverse 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.
Credit ratings & regulatory alerts
Nexon Omniverse Limited was last rated by Crisil on 20 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 20 Dec 2019 |
To see the full credit ratings and regulatory alerts of Nexon Omniverse Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nexon Omniverse Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nexon Omniverse Limited has a workforce of 1,140 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Nexon Omniverse has 15 GST registrations: 14 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS3643G1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 27AAQCS3643G2Z0 | Maharashtra | Active | 04 Oct 2018 |
| 03AAQCS3643G1ZB | Punjab | Active | 01 Jul 2017 |
| 04AAQCS3643G1Z9 | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexon Omniverse Limited, buy the company report.
Recent activity
Nexon Omniverse Limited has 22 board changes on record since 2015: 9 appointments and 13 cessations. The latest: Abizer Shabbir Diwanji was appointed as Director on 15 Jan 2026.
32 earlier events are in the company report.
News
Frequently asked questions
Nexon Omniverse 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 07 September 2011 (15+ years old) and is registered under CIN U52100MH2011PLC221613.
Nexon Omniverse has 8 current directors:
- Rajesh Seth - Whole-Time Director
- Nimish Mangaldas Shah - Whole-Time Director
- Vivekkumar Taparia - Nominee Director
- Abizer Shabbir Diwanji - Director
- Sharmila Nitin Paranjpe - Director
- Avnish Anand - Director
- Alisha Rafique Malik - Nominee Director
- Yash Manoj Bajaj - Nominee Director
The latest financial statements of Nexon Omniverse on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Nexon Omniverse is 27AAQCS3643G1Z1, registered in Maharashtra. The company has 15 GST registrations in all, of which 14 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAQCS3643G2Z0 (Maharashtra), 03AAQCS3643G1ZB (Punjab), 04AAQCS3643G1Z9 (Chandigarh).
The CIN (Corporate Identification Number) of Nexon Omniverse is U52100MH2011PLC221613. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexon Omniverse has 26 court cases on record: 7 filed by the company and 19 filed against it. 9 are pending. Most are in the district courts.
Nexon Omniverse was incorporated on 07 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Nexon Omniverse has 31 deals on record (17 secondary share transfers, 10 funding rounds, 2 debt financings), with disclosed funding of ₹638.53 Cr; the latest was in April 2026.
Abizer Shabbir Diwanji was appointed as Director on 15 Jan 2026. Alisha Rafique Malik was appointed as Nominee Director on 15 Jan 2026. Avnish Anand was appointed as Director on 15 Jan 2026. Nexon Omniverse has 22 board changes on record in total.
Nexon Omniverse can be reached through the website ethnicity.in. Its registered office is in Mumbai, Maharashtra, India.
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