India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,750 Chirag Taneja ₹1,000 Cr
Styleverse Lifestyle Private Limited
Styleverse Lifestyle Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Active Private Limited Company e-commerce
Revenue · FY 2025
₹206.92 Cr
▲ 100% YoY
Net loss · FY 2025
₹22.61 Cr
Net margin -10.9%
EBITDA · FY 2025
-₹12.22 Cr
EBITDA margin -5.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹60 Cr
Secured borrowings
Company age
3 yrs
Est. 2023
Employees · EPFO
220
Provident fund records
About Styleverse Lifestyle Private Limited
Data last updated:
Styleverse Lifestyle Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Aditya Birla Digital Fashion Ventures Limited. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 12 June 2023.
Its director Chirag Taneja is #1,750 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U14101KA2023PTC174970. Its GSTIN is 29ABLCS0528C1ZE (Karnataka). The company holds 9 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Anant Tanted (Whole-Time Director) and Vijay Gopi Kishan Agarwal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹206.92 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net loss of ₹22.61 Cr (net margin -10.9%) and EBITDA of -₹12.22 Cr (EBITDA margin -5.9%).
The company has about 220 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Indian Garage Co. As per MCA filings, the company has open charges of ₹60 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 3 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹140 Cr; the latest was in October 2023. Its 3 peer companies in the Ecommerce and Internet industry (Apparel), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 3 smaller; the largest is Sports and Leisure Apparel Limited with revenue of ₹203.1 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 864 overdue payments to 97 micro and small suppliers.
Company details
CIN U14101KA2023PTC174970
Registration Number 174970
Incorporation Date 12 June 2023
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Aditya Birla Digital Fashion Ventures Limited
Key People
Anant Tanted Whole-Time Director Manish Singhai Nominee Director Vijay Gopi Kishan Agarwal Director Recognitions & Rankings of Styleverse Lifestyle
Contact details
Styleverse Lifestyle Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 3/A Sy No. 38/3 38/4, G B Palya Hongasandra, Bangalore, Karnataka, India – 560068
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of Styleverse Lifestyle Private Limited, buy the company report.
Comprehensive company report
Styleverse Lifestyle 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
Styleverse Lifestyle operates one associated brand: The Indian Garage Co. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online brand offering mens and womens apparel | tigc.in |
Business activity
The main business activity of Styleverse Lifestyle 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 Styleverse Lifestyle Private Limited, buy the company report.
Financials of Styleverse Lifestyle Private Limited
FY 2025 filings availableStyleverse Lifestyle Private Limited reported revenue of ₹206.92 Cr (up 100% YoY) for FY 2025.
Revenue · FY 2025
₹206.92 Cr ▲ 100%
Net loss · FY 2025
₹22.61 Cr margin -10.9%
EBITDA · FY 2025
-₹12.22 Cr margin -5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 100%
Revenue rose 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹206.92 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹12.22 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹22.61 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -5.9% | |
| Net Profit Margin | -10.9% | |
| 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 | ||
To see the full financial statements and ratios of Styleverse Lifestyle Private Limited, buy the company report.
Board of directors of Styleverse Lifestyle Private Limited
Styleverse Lifestyle has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anant Tanted Also directs: Stakeswift Solutions LLP | Whole-Time Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Manish Singhai Also directs: Awesomefab Shopping Private Limited | Nominee Director | 30 Oct 2023 | 2 Years 11 Months | Current |
| Vijay Gopi Kishan Agarwal | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
| Chirag Taneja | Director | 01 Jun 2025 | 1 Years 4 Months | Current |
| Prashanth Aluru Also directs: Bewakoof Brands Private Limited, Aditya Birla Digital Fashion Ventures Limited, Awesomefab Shopping Private Limited and 5 more | Nominee Director | 30 Oct 2023 | 2 Years 11 Months | Current |
Peer comparison
Styleverse Lifestyle Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Styleverse Lifestyle Private Limitedthis company | ₹206.92 Cr (FY 2025) | -₹22.61 Cr | -10.9% | 100.0% | 220 | Bangalore, Karnataka, India |
| Sports and Leisure Apparel Limited | ₹203.1 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Armstrong Apparel Mills Private Limited | ₹197.79 Cr (FY 2024) | 39.0% | Tirupur, Tamil Nadu, India | |||
| Ranger Apparel Export Private Limited | ₹181.05 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Styleverse Lifestyle Private Limited, buy the company report.
Auditor
Styleverse Lifestyle Private Limited is audited by Price Waterhouse & Co Chartered Accountants LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse & Co Chartered Accountants LLP | FY 2025 | 304026E/E300009 |
Shareholding
The shareholding of Styleverse Lifestyle Private Limited is on record for FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Styleverse Lifestyle Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2023 | 100828798 | Hdfc Bank Limited | ₹60 Cr | Open |
To see the full charge records of Styleverse Lifestyle Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Styleverse Lifestyle Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹140 Cr; the latest was in October 2023.
Total deals
1
Funding round
1
Disclosed funding
₹140 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Funding round | ₹140 Cr | Investors: Aditya Birla Digital Fashion Ventures Limited , Aditya Birla Digital Fashion Limited &Ventures Limited & Rajeev Agarwal, Aditya Birla Digital Fashion Ventures Limited & Ashish Dikshit |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Styleverse Lifestyle Private Limited has 5 court cases on record: 5 filed by Styleverse Lifestyle. 3 cases are pending and 2 are disposed.
Total cases
5
Filed by the company
5
Pending
3
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Styleverse Lifestyle 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
Styleverse Lifestyle Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 864 overdue payments to 97 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 97)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| S R Creations | |||
| Janardhan & Co | |||
| an individual supplier |
To see the full MSME payment records of Styleverse Lifestyle Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Styleverse Lifestyle Private Limited has a workforce of 220 employees on its EPFO records as of Oct 08, 2025, across 1 active EPFO establishment.
Employee count
220
Active EPFO establishments
1
Employee growth
10.55%
GST
Styleverse Lifestyle has 9 GST registrations: 9 active. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABLCS0528C1ZE | Karnataka | Active | 26 Jul 2023 |
| 29ABLCS0528C2ZD | Karnataka | Active | 27 Nov 2025 |
| 19ABLCS0528C1ZF | West Bengal | Active | 28 Sep 2023 |
| 06ABLCS0528C1ZM | Haryana | Active | 05 Oct 2023 |
To see the full GST registrations and return filing status of Styleverse Lifestyle Private Limited, buy the company report.
Recent activity
Styleverse Lifestyle Private Limited has 11 board changes on record since 2023: 5 appointments and 6 cessations. The latest: Chirag Taneja ceased to be Additional Director on 25 Sep 2025.
AGM
Styleverse Lifestyle Private Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Chirag Taneja ceased to be Additional Director.
Ceased
Vijay Gopi Kishan Agarwal ceased to be Additional Director.
Appointed
Chirag Taneja was appointed as Director.
Appointed
Vijay Gopi Kishan Agarwal was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 60.00 Cr registered on 21 Nov 2023 with Charge ID 100828798 was modified on 27 May 2025.
Filing
Styleverse Lifestyle Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Anant Tanted ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 60.00 Cr with Charge ID 100828798 was registered on 21 Nov 2023.
Ceased
Ishita Anant Tanted ceased to be Director.
Appointed
Manish Singhai was appointed as Nominee Director.
Ceased
Manish Singhai ceased to be Additional Director.
4 earlier events are in the company report.
News
From our blog
Frequently asked questions
Styleverse Lifestyle is an active private limited company based in Bangalore, Karnataka, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 12 June 2023 (3+ years old) and is registered under CIN U14101KA2023PTC174970.
Styleverse Lifestyle has 5 current directors:
- Anant Tanted - Whole-Time Director
- Manish Singhai - Nominee Director
- Vijay Gopi Kishan Agarwal - Director
- Chirag Taneja - Director
- Prashanth Aluru - Nominee Director
The latest financial statements of Styleverse Lifestyle on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2024 are in the company report.
The GSTIN of Styleverse Lifestyle is 29ABLCS0528C1ZE, registered in Karnataka. The company has 9 GST registrations in all, of which 9 are active. Other active GSTINs include 29ABLCS0528C2ZD (Karnataka), 19ABLCS0528C1ZF (West Bengal), 06ABLCS0528C1ZM (Haryana).
The CIN (Corporate Identification Number) of Styleverse Lifestyle is U14101KA2023PTC174970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Styleverse Lifestyle has 5 court cases on record: 5 filed by the company. 3 are pending.
Styleverse Lifestyle was incorporated on 12 June 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Styleverse Lifestyle has 1 deal on record (1 funding round), with disclosed funding of ₹140 Cr; the latest was in October 2023.
The peers of Styleverse Lifestyle by revenue are Sports and Leisure Apparel Limited, Armstrong Apparel Mills Private Limited, Ranger Apparel Export Private Limited, all in the Ecommerce and Internet industry (Apparel), with the same principal business activity (textile, leather and other apparel products).
Chirag Taneja ceased to be Additional Director on 25 Sep 2025. Vijay Gopi Kishan Agarwal ceased to be Additional Director on 25 Sep 2025. Chirag Taneja was appointed as Director on 01 Jun 2025. Styleverse Lifestyle has 11 board changes on record in total.
Styleverse Lifestyle has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 864 overdue payments to 97 micro and small suppliers. The latest return was filed on 21 May 2024.
The registered office of Styleverse Lifestyle is at No. 3A Sy No. 383 384, G B Palya Hongasandra, Bangalore, Karnataka, India – 560068.