About The Souled Store Private Limited
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The Souled Store Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online apparel retail segment of the e-commerce sector. It was incorporated on 25 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2014PTC253583. Its GSTIN is 27AAECT9591L1ZI (Maharashtra). The company holds 28 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹12.5 Cr and a paid-up capital of ₹11 Cr. It is led by directors including Aditya Dinesh Sharma and Vedang Patel Gokul.
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 24 Tantia Jogani Industrial Premises Co – Operative Society Ltd, Sitaram Mills Compound J R Boricha Marg Lower Parel East Mumbai City Maharashtra 400011, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹500.29 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹11.04 Cr (net margin 2.2%) and EBITDA of ₹40.66 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
The company has about 866 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The Souled Store. As per MCA filings, the company has open charges of ₹43 Cr and satisfied charges of ₹15 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 1 case is pending. The company has 17 deals on record (8 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹286.25 Cr; the latest was in October 2024. Its 5 peer companies in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading) are compared by revenue, 3 larger and 2 smaller; the largest is Best United India Comforts Private Limited with revenue of ₹809.92 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,126 overdue payments to 119 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thesouledstore.com.
Company details
Contact details
The Souled Store Private Limited's registered office is in Mumbai, Maharashtra. Its website is thesouledstore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address24 Tantia Jogani Industrial Premises Co – Operative Society Ltd, Sitaram Mills Compound J R Boricha Marg Lower Parel East Mumbai City Maharashtra 400011, Maharashtra, India – 400011
- IndustryE-Commerce, Online Apparel Retail
To see the full contact details of The Souled Store Private Limited, buy the company report.
- 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
Brands
The Souled Store operates one associated brand: The Souled Store. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pop-culture inspired apparel and lifestyle items are sold online. | thesouledstore.com |
Business activity
The main business activity of The Souled Store 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 The Souled Store Private Limited, buy the company report.
Financials of The Souled Store Private Limited
FY 2025 filings availableThe Souled Store Private Limited reported revenue of ₹500.29 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over three years, including 37% growth in the latest year. EBITDA rose 201% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹500.29 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹40.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹11.04 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | ||||
| Net Profit Margin | 2.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 The Souled Store Private Limited, buy the company report.
Board of directors of The Souled Store Private Limited
The Souled Store has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Dinesh Sharma Also directs: Odelus Private Limited | Director | 25 Feb 2014 | 12 Years 8 Months | Current |
| Vedang Patel Gokul Also directs: Odelus Private Limited, Naran Lala Rollings Private Limited | Director | 25 Feb 2014 | 12 Years 8 Months | Current |
| Deepak Gaur Also directs: Light Ray Advisors LLP, Beejapuri Dairy Private Limited, Sugar Brands Private Limited and 3 more | Director | 07 Sep 2021 | 5 Years 1 Months | Current |
| Harsh Vardhan Lal | Director | 22 Jun 2018 | 8 Years 4 Months | Current |
| Abhishek Goenka Also directs: Rp-Sg Ventures Advisory LLP, Rp-Sg Unique Advisory LLP, Incnut Digital Private Limited and 4 more | Director | 26 Nov 2018 | 7 Years 11 Months | Current |
| Rahul Bahri Also directs: Demifine Fashion Private Limited, Respo Financial Capital Private Limited, Easy Platform Services Private Limited and 1 more | Director | 31 Mar 2023 | 3 Years 6 Months | Current |
Peer comparison
The Souled Store Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Apparel), 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 |
|---|---|---|---|---|---|---|
| Best United India Comforts Private Limited | ₹809.92 Cr (FY 2025) | 71.0% | Mumbai, Maharashtra, India | |||
| Prakash Silks & Sarees Private Limited | ₹752.37 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India | |||
| Moolchand Mill Private Limited | ₹685.41 Cr (FY 2024) | 67.0% | Pune, Maharashtra, India | |||
| The Souled Store Private Limitedthis company | ₹500.29 Cr (FY 2025) | ₹11.04 Cr | 2.2% | 37.0% | 866 | Mumbai, Maharashtra, India |
| Soch Apparels Private Limited | ₹428.57 Cr (FY 2025) | 8.0% | Bengaluru, Karnataka, India | |||
| MM Styles Private Limited | ₹312.83 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of The Souled Store Private Limited, buy the company report.
Auditor
The Souled Store Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2025 | 001076N/N500013 |
Shareholding
The shareholding of The Souled Store Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of The Souled Store Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2025 | 101132383 | Others | ₹20 Cr | Open | |
| 17 Dec 2022 | 100663575 | Others | ₹20 Cr | Open | |
| 02 Jul 2020 | 100351474 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 02 Aug 2022 | 100603601 | Others | ₹10 Cr | Satisfied | |
| 07 May 2022 | 100574769 | Others | ₹5 Cr | Satisfied |
To see the full charge records of The Souled Store Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
The Souled Store Private Limited has 17 deals on record (8 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹286.25 Cr; the latest was in October 2024.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Funding round | Undisclosed | Investors: an individual |
| May 2024 | Funding round | ₹30 Lakh | Investors: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Himanshu Kantilal Sanghavi HUF, 3 individuals Seller: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Elevation Capital (SAIF Partners) Seller: 4 individuals |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Xponentia Capital Partners Seller: RPSG Capital Ventures, 3 individuals |
To see the full deal history of The Souled Store 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
The Souled Store Private Limited has 6 court cases on record: 6 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBP) | Filed against the company by Brainstorm Retail Private Limited | Disposed |
| Bombay High Court | Court case (CARAP) | Filed against the company by Brainstorm Retail Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Axis Bank Formelry Known As Uti Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by L.A A/ Ward (License Department) | Disposed |
To see the full case history of The Souled Store 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
The Souled Store Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,126 overdue payments to 119 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 119)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| B L International Clothing Private Limited | |||
| Tungsten Fashion | |||
| HBS Woollen Mills Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of The Souled Store Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
The Souled Store Private Limited has a workforce of 866 employees on its EPFO records as of Jan 26, 2026, across 1 active EPFO establishment.
GST
The Souled Store has 28 GST registrations: 17 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECT9591L1ZI | Maharashtra | Active | 01 Jul 2017 |
| 27AAECT9591L2ZH | Maharashtra | Active | 26 Jun 2024 |
| 06AAECT9591L1ZM | Haryana | Active | 14 Apr 2021 |
| 29AAECT9591L4ZB | Karnataka | Active | 01 Jan 2022 |
To see the full GST registrations and return filing status of The Souled Store Private Limited, buy the company report.
Recent activity
The Souled Store Private Limited has 9 board changes on record since 2014: 7 appointments and 2 cessations. The latest: Rohin Rajan Samtaney ceased to be Director on 26 Jan 2025.
9 earlier events are in the company report.
News
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Frequently asked questions
The Souled Store is an active private limited company based in Mumbai, Maharashtra, India. The company works in online apparel retail, within the e-commerce industry. It was incorporated on 25 February 2014 (12+ years old) and is registered under CIN U52100MH2014PTC253583.
The Souled Store has 6 current directors:
- Aditya Dinesh Sharma - Director
- Vedang Patel Gokul - Director
- Deepak Gaur - Director
- Harsh Vardhan Lal - Director
- Abhishek Goenka - Director
- Rahul Bahri - Director
The latest financial statements of The Souled Store 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 2015 are in the company report.
The GSTIN of The Souled Store is 27AAECT9591L1ZI, registered in Maharashtra. The company has 28 GST registrations in all, of which 17 are active and 11 are cancelled or inactive. Other active GSTINs include 27AAECT9591L2ZH (Maharashtra), 06AAECT9591L1ZM (Haryana), 29AAECT9591L4ZB (Karnataka).
The CIN (Corporate Identification Number) of The Souled Store is U52100MH2014PTC253583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Souled Store has 6 court cases on record: 6 filed against it. 1 is pending. Most are in the high courts.
The Souled Store was incorporated on 25 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The Souled Store has 17 deals on record (8 funding rounds, 8 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹286.25 Cr; the latest was in October 2024.
The peers of The Souled Store by revenue are Best United India Comforts Private Limited, Prakash Silks & Sarees Private Limited, Moolchand Mill Private Limited, Soch Apparels Private Limited, MM Styles Private Limited, all in the Ecommerce and Internet industry (Apparel), with the same principal business activity (retail trading).
Rohin Rajan Samtaney ceased to be Director on 26 Jan 2025. Rahul Bahri was appointed as Director on 31 Mar 2023. Deepak Gaur was appointed as Director on 07 Sep 2021. The Souled Store has 9 board changes on record in total.
The Souled Store has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,126 overdue payments to 119 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The Souled Store can be reached through the website thesouledstore.com. Its registered office is in Mumbai, Maharashtra, India.