MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-13-0011727
Rishta Apparels Private Limited
Rishta Apparels Private Limited - fashion and textile in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.11 Cr
▼ 22% YoY
Net profit · FY 2025
₹49.37 Lakh
Net margin 1.8%
EBITDA · FY 2025
₹1.83 Cr
EBITDA margin 6.5%
Authorised capital
₹3.1 Cr
Registered with MCA
Paid-up capital
₹2.89 Cr
Issued & subscribed
Open charges
₹9.8 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
39
Provident fund records
About Rishta Apparels Private Limited
Data last updated:
Rishta Apparels Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 07 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18209KA2020PTC131345. Its GSTIN is 29AAKCR0108H1ZG (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹2.89 Cr. It is led by directors including Sonal Sanjay Hanamsagar and Sangeeta Manoj Hanamsagar.
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 2nd Floor U – Mall Cts No. 2921/A Coen Road, Hubli, Karnataka, India – 580020.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.11 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹49.37 Lakh (net margin 1.8%) and EBITDA of ₹1.83 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years.
The company has about 39 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.8 Cr on record.
Rishta Apparels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0011727).
Company details
CIN U18209KA2020PTC131345
Registration Number 131345
Incorporation Date 07 January 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-KR-13-0011727
Key People
Sonal Sanjay Hanamsagar Director Sangeeta Manoj Hanamsagar Director Hanamsagar Sanjay Chandrakant Director Recognitions & Rankings of Rishta Apparels
Contact details
Rishta Apparels Private Limited's registered office is in Hubli, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor U – Mall Cts No. 2921/A Coen Road, Hubli, Karnataka, India – 580020
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Rishta Apparels Private Limited, buy the company report.
Comprehensive company report
Rishta Apparels Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Rishta Apparels 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 Rishta Apparels Private Limited, buy the company report.
Financials of Rishta Apparels Private Limited
FY 2025 filings availableRishta Apparels Private Limited reported revenue of ₹28.11 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹28.11 Cr ▼ 22%
Net profit · FY 2025
₹49.37 Lakh margin 1.8%
EBITDA · FY 2025
₹1.83 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 9%
Revenue fell 22% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 9% 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 | ₹1.83 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹49.37 Lakh | ||||
| Balance Sheet | |||||
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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 | 6.5% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Rishta Apparels Private Limited, buy the company report.
Board of directors of Rishta Apparels Private Limited
Rishta Apparels has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Sanjay Hanamsagar | Director | 07 Aug 2020 | 6 Years 2 Months | Current |
| Sangeeta Manoj Hanamsagar | Director | 07 Aug 2020 | 6 Years 2 Months | Current |
| Hanamsagar Sanjay Chandrakant | Director | 07 Aug 2020 | 6 Years 2 Months | Current |
| Rani Rajesh Hanamsagar | Director | 07 Aug 2020 | 6 Years 2 Months | Current |
| Hanamsagar Manoj Chandrakant Also directs: Nava Nirmaan Infra LLP | Director | 07 Jan 2020 | 6 Years 9 Months | Current |
| Rajesh Chandrakant Hanumsagar | Director | 07 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Rishta Apparels Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel 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 |
|---|---|---|---|---|---|---|
| Cheerayu Retails Private Limited | ₹28.11 Cr (FY 2024) | 232.0% | Bhubaneswar, Odisha, India | |||
| Rishta Apparels Private Limitedthis company | ₹28.11 Cr (FY 2025) | ₹49.37 Lakh | 1.8% | -22.0% | 39 | Hubli, Karnataka, India |
| Sagar Sangam Textile Private Limited | ₹28.11 Cr (FY 2024) | 20.0% | Kolkata, West Bengal, India | |||
| Oriental Retailers & Logistics Private Limited | ₹27.9 Cr (FY 2025) | 0.0% | Jabalpur, Madhya Pradesh, India |
To see the full peer comparison of Rishta Apparels Private Limited, buy the company report.
Auditor
Rishta Apparels Private Limited is audited by ONKARI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ONKARI & ASSOCIATES | FY 2021 | 007026S |
Shareholding
The shareholding of Rishta Apparels Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Rishta Apparels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Sep 2022 | 100618392 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 30 Jun 2020 | 100354525 | Hdfc Bank Limited | ₹8.3 Cr | Open |
To see the full charge records of Rishta Apparels Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Rishta Apparels Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rishta Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rishta Apparels Private Limited has a workforce of 39 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
-11.36%
GST
Rishta Apparels has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCR0108H1ZG | Karnataka | Active | 07 Jan 2020 |
| 30AAKCR0108H1ZX | Goa | Active | 24 Jan 2020 |
| 27AAKCR0108H1ZK | Maharashtra | Active | 31 Jan 2020 |
To see the full GST registrations and return filing status of Rishta Apparels Private Limited, buy the company report.
Recent activity
Rishta Apparels Private Limited has 11 board changes on record since 2020: 6 appointments and 5 cessations. The latest: Hanamsagar Sanjay Chandrakant ceased to be Additional Director on 31 Dec 2021.
AGM
Rishta Apparels Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rishta Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100618392 was registered on 20 Sep 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 8.30 Cr registered on 30 Jun 2020 with Charge ID 100354525 was modified on 15 Sep 2022.
Ceased
Hanamsagar Sanjay Chandrakant ceased to be Additional Director.
Ceased
Radha Hanamsagar ceased to be Additional Director.
Ceased
Rani Rajesh Hanamsagar ceased to be Additional Director.
Ceased
Sangeeta Manoj Hanamsagar ceased to be Additional Director.
Ceased
Sonal Sanjay Hanamsagar ceased to be Additional Director.
Appointed
Hanamsagar Sanjay Chandrakant was appointed as Director.
Appointed
Rani Rajesh Hanamsagar was appointed as Director.
Appointed
Sangeeta Manoj Hanamsagar was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Rishta Apparels is an active private limited company based in Hubli, Karnataka, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 07 January 2020 (6+ years old) and is registered under CIN U18209KA2020PTC131345.
Rishta Apparels has 6 current directors:
- Sonal Sanjay Hanamsagar - Director
- Sangeeta Manoj Hanamsagar - Director
- Hanamsagar Sanjay Chandrakant - Director
- Rani Rajesh Hanamsagar - Director
- Hanamsagar Manoj Chandrakant - Director
- Rajesh Chandrakant Hanumsagar - Director
The latest financial statements of Rishta Apparels on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Rishta Apparels is 29AAKCR0108H1ZG, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 30AAKCR0108H1ZX (Goa), 27AAKCR0108H1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Rishta Apparels is U18209KA2020PTC131345. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rishta Apparels was incorporated on 07 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rishta Apparels by revenue are Cheerayu Retails Private Limited, Sagar Sangam Textile Private Limited, Oriental Retailers & Logistics Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (retail trading).
Hanamsagar Sanjay Chandrakant ceased to be Additional Director on 31 Dec 2021. Radha Hanamsagar ceased to be Additional Director on 31 Dec 2021. Rani Rajesh Hanamsagar ceased to be Additional Director on 31 Dec 2021. Rishta Apparels has 11 board changes on record in total.
Yes, Rishta Apparels is registered as a small enterprise under Udyam registration (number: UDYAM-KR-13-0011727).
The registered office of Rishta Apparels is at 2nd Floor U – Mall Cts No. 2921A Coen Road, Hubli, Karnataka, India – 580020.
Rishta Apparels operates in the fashion and textile industry, in the fashion retail segment.