MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0171873
Since99 Apparel Private Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹72.49 Cr
▲ 160% YoY
Net loss · FY 2025
₹21.03 Cr
Net margin -29%
EBITDA · FY 2025
-₹19.58 Cr
EBITDA margin -27%
Authorised capital
₹97 Lakh
Registered with MCA
Paid-up capital
₹60.16 Lakh
Issued & subscribed
Open charges
₹20 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
49
Provident fund records
About Since99 Apparel Private Limited
Data last updated:
Since99 Apparel Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 24 August 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18109MH2022PTC389125. Its GSTIN is 27ABJCS2364L1ZV (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹97 Lakh and a paid-up capital of ₹60.16 Lakh. It is led by directors Shaan Saminbhai Shah and Puneet Anil Sehgal.
Its last annual general meeting (AGM) was held on 17 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sh 61 Hsg Elec Sub Division No II Jvpd Shopping Centre Irla Vile Parle West, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹21.03 Cr (net margin -29%) and EBITDA of -₹19.58 Cr (EBITDA margin -27%).
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Freakins. As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹71.04 Cr; the latest was in April 2025.
Since99 Apparel Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0171873). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website freakins.com.
Company details
CIN U18109MH2022PTC389125
Registration Number 389125
Incorporation Date 24 August 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 November 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0171873
Recognitions & Rankings of Since99 Apparel
Contact details
Since99 Apparel Private Limited's registered office is in Mumbai, Maharashtra. Its website is freakins.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSh 61 Hsg Elec Sub Division No II Jvpd Shopping Centre Irla Vile Parle West, Mumbai, Maharashtra, India – 400049
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Since99 Apparel Private Limited, buy the company report.
Comprehensive company report
Since99 Apparel 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
Brands
Since99 Apparel operates one associated brand: Freakins. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online platform offering trendy and bold denim apparel | freakins.com |
Business activity
The main business activity of Since99 Apparel is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Since99 Apparel Private Limited, buy the company report.
Financials of Since99 Apparel Private Limited
FY 2025 filings availableSince99 Apparel Private Limited reported revenue of ₹72.49 Cr (up 160% YoY) for FY 2025.
Revenue · FY 2025
₹72.49 Cr ▲ 160%
Net loss · FY 2025
₹21.03 Cr margin -29%
EBITDA · FY 2025
-₹19.58 Cr margin -27%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 160%
EBITDA CAGR growth
1 year
▲ 11%
Revenue rose 160% in the latest year. EBITDA rose 11% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹19.58 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹21.03 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -27% | ||
| Net Profit Margin | -29% | ||
| 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 Since99 Apparel Private Limited, buy the company report.
Board of directors of Since99 Apparel Private Limited
Since99 Apparel has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaan Saminbhai Shah Also directs: Nuvate IT Solutions LLP, Nuvate Technology Private Limited | Director | 26 May 2023 | 3 Years 5 Months | Current |
| Puneet Anil Sehgal Also directs: Kingsley Good Foods Private Limited | Director | 20 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Since99 Apparel Private Limited is audited by CGCA & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CGCA & ASSOCIATES LLP | FY 2023 | 123393W |
Shareholding
The shareholding of Since99 Apparel Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Since99 Apparel Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2025 | 101130931 | Others | ₹2 Cr | Open | |
| 28 Aug 2024 | 100999550 | Others | ₹6 Cr | Open | |
| 31 Jan 2024 | 100861376 | Others | ₹12 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Since99 Apparel Private Limited has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹71.04 Cr; the latest was in April 2025.
Total deals
8
Funding rounds
5
Secondary share transfers
2
Debt financing
1
Disclosed funding
₹71.04 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Funding round · Series A | ₹25 Cr | Investors: Z47 (Matrix Partners India), Blume Ventures |
| Aug 2024 | Debt financing | ₹6 Cr | Investors: Trifecta Capital |
| Apr 2023 | Funding round · Seed | ₹33 Cr | Investors: Z47 (Matrix Partners India), Blume Ventures, LVX (LetsVenture) |
| Mar 2023 | Funding round · Pre-seed | ₹1.5 Cr | Investors: 2 individuals |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
To see the full deal history of Since99 Apparel Private 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
Since99 Apparel Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Arbitration matter | Filed against the company by Delhivery Limited | Disposed |
To see the full case history of Since99 Apparel 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 Since99 Apparel Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Since99 Apparel Private Limited has a workforce of 49 employees on its EPFO records as of Mar 18, 2025, across 1 active EPFO establishment.
Employee count
49
Active EPFO establishments
1
Employee growth
48.48%
GST
Since99 Apparel has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABJCS2364L1ZV | Maharashtra | Active | 18 Nov 2022 |
| 24ABJCS2364L1Z1 | Gujarat | Active | 31 Jan 2023 |
| 06ABJCS2364L1ZZ | Haryana | Active | 25 Apr 2024 |
| 07ABJCS2364L1ZX | Delhi | Active | 16 Oct 2024 |
To see the full GST registrations and return filing status of Since99 Apparel Private Limited, buy the company report.
Recent activity
Since99 Apparel Private Limited has 5 board changes on record since 2022: 2 appointments and 3 cessations. The latest: Shaan Saminbhai Shah ceased to be Additional Director on 23 Feb 2024.
AGM
Since99 Apparel Private Limited last Annual general meeting of members was held on 17 Nov 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 101130931 was registered on 28 Jun 2025.
Filing
Since99 Apparel Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100999550 was registered on 28 Aug 2024.
Ceased
Shaan Saminbhai Shah ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 1,200.00 Lakh with Charge ID 100861376 was registered on 31 Jan 2024.
Ceased
Anil Rajkumar Sehgal ceased to be Director.
Ceased
Geeta Anil Sehgal ceased to be Director.
Appointed
Shaan Saminbhai Shah was appointed as Director.
Appointed
Puneet Anil Sehgal was appointed as Director.
Incorporation
24 Aug 2022
Since99 Apparel Private Limited was registered on 24 Aug 2022 with Roc Mumbai & aged 4 years 2 months as per MCA records.
News
Frequently asked questions
Since99 Apparel is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 24 August 2022 (4+ years old) and is registered under CIN U18109MH2022PTC389125.
Since99 Apparel has 2 current directors:
- Shaan Saminbhai Shah - Director
- Puneet Anil Sehgal - Director
The latest financial statements of Since99 Apparel on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 November 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Since99 Apparel is 27ABJCS2364L1ZV, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24ABJCS2364L1Z1 (Gujarat), 06ABJCS2364L1ZZ (Haryana), 07ABJCS2364L1ZX (Delhi).
The CIN (Corporate Identification Number) of Since99 Apparel is U18109MH2022PTC389125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Since99 Apparel has 1 court case on record: 1 filed against it.
Since99 Apparel was incorporated on 24 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Since99 Apparel has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 debt financing), with disclosed funding of ₹71.04 Cr; the latest was in April 2025.
Shaan Saminbhai Shah ceased to be Additional Director on 23 Feb 2024. Anil Rajkumar Sehgal ceased to be Director on 19 Jun 2023. Geeta Anil Sehgal ceased to be Director on 19 Jun 2023. Since99 Apparel has 5 board changes on record in total.
Yes, Since99 Apparel is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0171873).
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages