About Outshiny India Private Limited
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Outshiny India Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the computer hardware manufacturing and retail segment of the technology and IT services sector. It was incorporated on 28 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2014PTC076092. Its GSTIN is 29AACCO0442R1Z1 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.55 Cr. It was formerly known as Outshiny India Apparels Private Limited. It is led by directors Srikanth and Sridhar Thirunakar.
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 # 17 8th B Cross 8th B Main Narayanappa Layout Thindlu Ganesh Nagar Vidyaranyapura, Bangalore, Karnataka, India – 560097.
As per the financials filed for FY 2025, the company reported a revenue of ₹218.25 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹4.18 Cr (net margin 1.9%) and EBITDA of ₹19.37 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
The company has about 1,944 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Outshiny. As per MCA filings, the company has open charges of ₹125.41 Cr and satisfied charges of ₹13.62 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website outshiny.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address# 17 8th B Cross 8th B Main Narayanappa Layout Thindlu Ganesh Nagar Vidyaranyapura, Bangalore, Karnataka, India – 560097
- IndustryInformation Technology, Computer Hardware Manufacturing & 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
Business Activity of Outshiny India Private Limited
The main business activity of Outshiny India is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 Outshiny India Private Limited FY 2025 filings available
Outshiny India Private Limited reported revenue of ₹218.25 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Outshiny India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 27% growth in the latest year. EBITDA rose 36% 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 Outshiny India Private Limited
| 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 | ₹218.25 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹19.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.18 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 Outshiny India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Outshiny India are in the company report.
Financial statements from 2015
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.
Peer Comparison of Outshiny India Private Limited
Outshiny India Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Computer Hardware, Lifestyle and Accessories Manufacturers). Its own revenue is ₹218.25 Cr.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ansell India Protective Products Private Limited | ₹261.11 Cr | •••• | •••• | •••• | 117 | Navi Mumbai, Maharashtra, India |
| Jak Group Private Limited | ₹255.24 Cr | •••• | •••• | •••• | 989 | New Delhi, Delhi, India |
| Permeshwar Creations Private Limited | ₹254.84 Cr | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Gala India Candles Private Limited | ₹229.6 Cr | •••• | •••• | •••• | - | Tuticorin, Tamil Nadu, India |
| Alpine Apparels Private Limited | ₹228.27 Cr | •••• | •••• | •••• | 1,565 | New Delhi, Delhi, India |
| Outshiny India Private Limited this company | ₹218.25 Cr | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Spigen India Private Limited | ₹216.8 Cr | •••• | •••• | •••• | 23 | New Delhi, Delhi, India |
| Moser Baer India Limited | ₹206.65 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| V2 Smart Manufacturing Private Limited | ₹205.48 Cr | •••• | •••• | •••• | 844 | New Delhi, Delhi, India |
| Sports and Leisure Apparel Limited | ₹203.1 Cr | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Avanti Overseas Private Limited | ₹201.78 Cr | •••• | •••• | •••• | 322 | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Outshiny India by revenue in the Consumer Products industry (Computer Hardware, Lifestyle and Accessories Manufacturers), from the latest filed financials of each company. Net profit, margin and growth of each peer are in the company report.
Auditor Details of Outshiny India Private Limited
Outshiny India Private Limited is audited by V R J A and Associates for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V R J A and 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.
Board of Directors of Outshiny India Private Limited
Outshiny India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikanth | Director | 28 Aug 2014 | 12 Years 1 Months | Current |
| Sridhar Thirunakar | Director | 28 Aug 2014 | 12 Years 1 Months | Current |
Ownership and Shareholding of Outshiny India Private 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 Outshiny India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2024 | Others | ₹25 Cr | Open |
| 30 Nov 2022 | The Hongkong and Shanghai Banking Corporation Limited | ₹25 Cr | Open |
| 11 Jan 2022 | Axis Bank Limited | ₹23.03 Lakh | Open |
| 03 Feb 2020 | Axis Bank Limited | ₹75.18 Cr | Open |
| 11 Jan 2021 | Others | ₹7 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Outshiny India Private Limited
Outshiny India Private Limited has 3 court cases on record: 3 filed by Outshiny India. 1 case is pending and 2 are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Tobile Technologies India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Tobile Technologies India Private Limited | Disposed |
| Madras High Court | Petition | Filed by the company against Dee Ess Engineers India Project Pvt Ltd | Disposed |
Full case history
All 3 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 Outshiny India Private Limited
Outshiny India Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 33 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Threads (India) Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Unipack Polyfoams Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 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.
Associated Brands with Outshiny India Private Limited
Outshiny India operates one associated brand: Outshiny. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and a private label brand for bags | outshiny.com |
Employees and EPFO Compliance at Outshiny India Private Limited
Outshiny India Private Limited has a workforce of 1,944 employees as of Sep 24, 2025.
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.
News related to Outshiny India Private Limited
Recent Activity on Outshiny India Private Limited
Outshiny India Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Sridhar Thirunakar was appointed as Director on 28 Aug 2014.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Outshiny India Private 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 Outshiny India Private 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 Outshiny India Private Limited
Outshiny India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCO0442R1Z1 | Karnataka | Active | 01 Jul 2017 |
| 06AACCO0442R1Z9 | Haryana | Active | 13 Dec 2021 |
| 27AACCO0442R1Z5 | Maharashtra | Active | 20 Dec 2021 |
| 33AACCO0442R1ZC | Tamil Nadu | Active | 27 Feb 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 Outshiny India Private 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.
Frequently Asked Questions about Outshiny India Private Limited
Outshiny India is an active private limited company based in Bangalore, Karnataka, India. The company works in computer hardware manufacturing and retail, within the information technology industry. It was incorporated on 28 August 2014 (12+ years old) and is registered under CIN U74900KA2014PTC076092.
Outshiny India reported revenue of ₹218.25 Cr for FY 2025 (up 27% YoY).
Outshiny India has 2 current directors:
- Srikanth - Director
- Sridhar Thirunakar - Director
Outshiny India reported a net profit of ₹4.18 Cr (net margin 1.9%) and EBITDA of ₹19.37 Cr (EBITDA margin 8.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Outshiny India is 14% over five years. In the latest year (FY 2025) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Outshiny India is 29AACCO0442R1Z1, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 06AACCO0442R1Z9 (Haryana), 27AACCO0442R1Z5 (Maharashtra), 33AACCO0442R1ZC (Tamil Nadu).
The CIN (Corporate Identification Number) of Outshiny India is U74900KA2014PTC076092. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Outshiny India has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.
Outshiny India was incorporated on 28 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Outshiny India by revenue are Ansell India Protective Products Private Limited, Jak Group Private Limited, Permeshwar Creations Private Limited, Gala India Candles Private Limited, Alpine Apparels Private Limited and 5 more, all in the Consumer Products industry (Computer Hardware, Lifestyle and Accessories Manufacturers).
Sridhar Thirunakar was appointed as Director on 28 Aug 2014. Srikanth was appointed as Director on 28 Aug 2014.
Yes, Outshiny India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).