Snitch Apparels Private Limited

Snitch Apparels Private Limited - consumer goods in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U18109KA2022PTC163969 Incorporated 19 July 2022 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company consumer goods
Data last updated
Revenue · FY 2025
₹505.76 Cr
▲ 108% YoY
Net loss · FY 2025
₹1.72 Cr
Net margin -0.3%
EBITDA · FY 2025
₹2.6 Cr
EBITDA margin 0.5%
Authorised capital
₹1.3 Cr
Registered with MCA
Paid-up capital
₹1.04 Cr
Issued & subscribed
Open charges
₹30 Cr
Secured borrowings
Company age
4 yrs
Est. 2022
Employees · EPFO
347
Provident fund records

About Snitch Apparels Private Limited

Data last updated:

Snitch Apparels Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the accessories retail and distribution segment of the consumer goods sector. It was incorporated on 19 July 2022.

Its director Siddharth Dungarwal is #1,427 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18109KA2022PTC163969. Its GSTIN is 29ABICS9990H1ZF (Karnataka). The company holds 18 GST registrations, of which 17 are active.

The company has an authorised share capital of ₹1.3 Cr and a paid-up capital of ₹1.04 Cr. It is led by directors including Reema Moolchand Sanghvi and Siddharth Ramesh Dungarwal.

Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹505.76 Cr, a growth of 108% compared to the previous year. For the same year it recorded a net loss of ₹1.72 Cr (net margin -0.3%) and EBITDA of ₹2.6 Cr (EBITDA margin 0.5%).

The company has about 347 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Snitch. As per MCA filings, the company has open charges of ₹30 Cr on record. Court records list 7 cases involving the company, including 7 filed against it; 1 case is pending. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹404.71 Cr; the latest was in June 2025.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U18109KA2022PTC163969
Registration Number 163969
Incorporation Date 19 July 2022
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 15 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Key People
Ashish Wadhwani Nominee Director Reema Moolchand Sanghvi Director Siddharth Ramesh Dungarwal Director

Recognitions & Rankings of Snitch Apparels

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Snitch Apparels Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No 1/1 1st 2nd 3rd 4th 5th Floors, St.Johns Chruch Road Bharathinagar, Bangalore, Karnataka, India – 560005
  • Industry
    Consumer Goods, Accessories Retail & Distribution

To see the full contact details of Snitch Apparels Private Limited, buy the company report.

Comprehensive company report
Snitch 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
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Secure checkout · GST invoice included

Brands

Snitch Apparels operates one associated brand: SNITCH. Each brand links to its own profile.

BrandDescriptionWebsite
SNITCH
Casual menswear is provided by an internet-first brand.snitch.com

Business activity

The main business activity of Snitch Apparels is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Snitch Apparels Private Limited, buy the company report.

Financials of Snitch Apparels Private Limited

FY 2024 filings available

Snitch Apparels Private Limited reported revenue of ₹505.76 Cr (up 108% YoY) for FY 2025.

Revenue · FY 2025
₹505.76 Cr ▲ 108%
Net loss · FY 2025
₹1.72 Cr margin -0.3%
EBITDA · FY 2025
₹2.6 Cr margin 0.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 108%
EBITDA CAGR growth
1 year
▼ 66%

Revenue rose 108% in the latest year. EBITDA fell 66% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 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₹2.6 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.72 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

MetricsFY 2024-25FY 2023-24FY 2022-23
Profitability
EBITDA Margin0.5%
Net Profit Margin-0.3%
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 Snitch Apparels Private Limited, buy the company report.

Board of directors of Snitch Apparels Private Limited

Snitch Apparels has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Ashish Wadhwani
Also directs: Nupa Technologies Private Limited, Bigshort Tails Private Limited, Celcius Logistics Solutions Private Limited and 5 more
Nominee Director27 Jun 20242 Years 4 MonthsCurrent
Reema Moolchand Sanghvi
Also directs: 4M Clothing LLP, Berrylush Brands Private Limited
Director19 Jul 20224 Years 3 MonthsCurrent
Siddharth Ramesh Dungarwal
Also directs: 4M Clothing LLP, Berrylush Brands Private Limited
Director19 Jul 20224 Years 3 MonthsCurrent
View all directors

Auditor

Snitch Apparels Private Limited is audited by KANISH JAIN and CO for the financial year 2024.

Auditor firmFinancial yearFirm registration number
KANISH JAIN and COFY 2024013839S

Shareholding

The shareholding of Snitch Apparels 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 categoryFY 2024FY 2023
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Snitch Apparels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹30 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹30.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Nov 2025101195323Others₹30 CrOpen

Total charge records: 1 View all charges

Deals & funding

Snitch Apparels Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹404.71 Cr; the latest was in June 2025.

Total deals
5
Funding rounds
5
Disclosed funding
₹404.71 Cr

Deals on record (5 of 5)

WhenDealAmountParties
Jun 2025Funding round · Series B₹293.88 CrInvestors: 360 ONE (IIFL Asset Management), IvyCap Ventures, SWC Global
Dec 2023Funding round · Series A₹1.29 CrInvestors: IvyCap Ventures
Dec 2023Funding round · Series A₹96.14 CrInvestors: IvyCap Ventures, SWC Global
Dec 2023Funding round₹7.38 CrInvestors: IvyCap Ventures, SWC Global
Dec 2023Funding round₹6.02 CrInvestors: Arrowhead Communications Private Limited , 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Snitch Apparels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Snitch Apparels Private Limited has a workforce of 347 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.

Employee count
347
Active EPFO establishments
1
Employee growth
5683.33%

GST

Snitch Apparels has 18 GST registrations: 17 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
18
Active
17
Cancelled / inactive
1
GSTINStateStatusRegistered on
29ABICS9990H1ZFKarnatakaActive03 Oct 2022
29ABICS9990H2ZEKarnatakaActive03 Jun 2025
24ABICS9990H1ZPGujaratActive30 May 2024
36ABICS9990H1ZKTelanganaActive13 Jun 2024

To see the full GST registrations and return filing status of Snitch Apparels Private Limited, buy the company report.

Recent activity

Snitch Apparels Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Ashish Wadhwani was appointed as Nominee Director on 27 Jun 2024.

Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 101195323 was registered on 10 Nov 2025.
AGM
Snitch Apparels Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records.
Appointed
Ashish Wadhwani was appointed as Nominee Director.
Filing
Snitch Apparels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Reema Moolchand Sanghvi was appointed as Director.
Appointed
Siddharth Ramesh Dungarwal was appointed as Director.
Incorporation
19 Jul 2022
Snitch Apparels Private Limited was registered on 19 Jul 2022 with Roc Bangalore & aged 4 years 3 months as per MCA records.

News

Frequently asked questions

Snitch Apparels is an active private limited company based in Bangalore, Karnataka, India. The company works in accessories retail and distribution, within the consumer goods industry. It was incorporated on 19 July 2022 (4+ years old) and is registered under CIN U18109KA2022PTC163969.

Snitch Apparels has 3 current directors:

The latest financial statements of Snitch Apparels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from FY 2023 are in the company report.

The GSTIN of Snitch Apparels is 29ABICS9990H1ZF, registered in Karnataka. The company has 18 GST registrations in all, of which 17 are active and 1 is cancelled or inactive. Other active GSTINs include 29ABICS9990H2ZE (Karnataka), 24ABICS9990H1ZP (Gujarat), 36ABICS9990H1ZK (Telangana).

The CIN (Corporate Identification Number) of Snitch Apparels is U18109KA2022PTC163969. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Snitch Apparels has 7 court cases on record: 7 filed against it. 1 is pending. Most are in the high courts.

Snitch Apparels was incorporated on 19 July 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.

Snitch Apparels has 5 deals on record (5 funding rounds), with disclosed funding of ₹404.71 Cr; the latest was in June 2025.

Ashish Wadhwani was appointed as Nominee Director on 27 Jun 2024. Reema Moolchand Sanghvi was appointed as Director on 19 Jul 2022. Siddharth Ramesh Dungarwal was appointed as Director on 19 Jul 2022.

The registered office of Snitch Apparels is at No 11 1st 2nd 3rd 4th 5th Floors, St.Johns Chruch Road Bharathinagar, Bangalore, Karnataka, India – 560005.