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Company Intelligence Profile

Rangreza Retail Services Private Limited

Rangreza Retail Services Private Limited is the legal entity behind "Chokore," an internet-first, direct-to-consumer premium fashion-accessories brand for men and women, founded in 2015 by Akash Verma and Saloni Nangia and headquartered in Gurugram, Haryana.

CIN: U52100HR2015PTC054536ActiveRoC-Delhi (jurisdiction covers Haryana registrations; state of registration is Haryana) — Source: Tofler, WebSearch aggregatorConfidence: high
AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Confirmed
Registered nameRangreza Retail Services Private Limited
CINU52100HR2015PTC054536
PANAAHCR2046K (Source: Tofler)
StatusActive
ListingNo — unlisted private limited company
Incorporated09 February 2015 (Source: TheCompanyCheck, Tofler)
ROCRoC-Delhi (jurisdiction covers Haryana registrations; state of registration is Haryana) — Source: Tofler, WebSearch aggregator
Sector (NIC)NIC 52100 — Retail trade of textiles, clothing, articles of fur and clothing accessories; operating brand is a D2C fashion-accessories retailer (Source: Tofler, TheCompanyCheck)
Registered addressA-73, Belvedere Tower, DLF Phase-2, Near Cyber City, Gurgaon, Haryana – 122001 (Source: TheCompanyCheck, Tofler, WebSearch aggregator — consistent across all)
Authorized capital₹2,00,000 (₹2 lakh) — Source: TheCompanyCheck, Tofler (one aggregator snippet showed ₹1,00,000; treated as minority/stale figure)
Paid-up capital₹1,03,000 (₹1.03 lakh) — Source: TheCompanyCheck, Tofler (partial conflict: one aggregator snippet showed ₹1,00,000 paid-up; majority of sources say ₹1.03 lakh)

Business Overview

Confirmed
  • Rangreza Retail Services Private Limited is the legal entity behind "Chokore," an internet-first, direct-to-consumer premium fashion-accessories brand for men and women, founded in 2015 by Akash Verma and Saloni Nangia and headquartered in Gurugram, Haryana
  • Chokore designs and sells silk-based accessories — neckties, bow ties, cravats, pocket squares, cufflinks, collar/tie pins, belts, suspenders, women's scarves and stoles — alongside a wider lifestyle range of hats, caps, sunglasses, perfumes and mobile covers, sold via its own D2C website (chokore.com), the Chokore mobile app (iOS/Android), marketplaces, and a physical flagship store opened in Delhi-NCR
  • The company is DPIIT-recognized as a startup and Udyam/MSME-registered (UDYAM-HR-05-0042876), classified as a Micro enterprise for FY2023-24, with roughly 17 employees as of May 2026
  • (Sources: chokore.com, TheCompanyCheck, Tracxn, Fibre2Fashion, textileinfomedia.com)

Directors

Confirmed
NameDINRoleAppointed
Akash Verma03260181Director since incorporation 09-Feb-2015, co-founder and shareholder-

GST Registrations

Partial / conflicting
GSTINStatePANStatus
06AAHCR2046K1ZBHaryanaAAHCR2046K (Source: Tofler)Active

Primary GSTIN: 06AAHCR2046K1ZB — state Haryana, PAN AAHCR2046K, registration date 01-07-2017, status Active (Source: TaxAdda GSTIN lookup, gst.jamku.app listing, WebSearch aggregator — 3 sources agree on the same GSTIN). Total number of state registrations beyond this one Haryana GSTIN: not obtained — no source confirmed a multi-state registration count, so treat as likely single-state (Haryana) but unconfirmed.

Financials

Partial / conflicting
  • Latest available FY: year ending 31 March 2023 (standalone, per Tofler)
  • Absolute revenue/EBITDA/PAT/net-worth/borrowings figures are gated behind Tofler's paid tier and were not obtained
  • only a bucketed range and ratios are public: Revenue bucket ₹1–10 crore (up +1.02% YoY)
  • Borrowings down -1.22% YoY
  • Total assets up +39.93% YoY
  • Operating margin 19.25%
  • Net profit margin 15.95%
  • ROCE 37.51%
  • Debt-to-Equity -0.09
  • Gross margin -5.12 (as reported — likely a data-quality anomaly in the source, flagged not verified)
  • No FY24/FY25 filings were found in any accessible source
  • (Source: Tofler — single source for financial detail, not independently corroborated)

Funding

Confirmed
  • No external funding raised
  • Tracxn explicitly lists Chokore/Rangreza Retail Services as "Unfunded" with no funding rounds or investors on record
  • (Source: Tracxn)

Shareholding

Partial / conflicting
  • Detailed shareholding pattern (i.e., exact % holdings) not obtained from any accessible source
  • What is confirmed: Akash Verma and Saloni Nangia are described as co-founders and are listed as both directors and shareholders (Source: Tofler)
  • No institutional/PE shareholders identified, consistent with the "Unfunded" status from Tracxn

Charges / Loans

Confirmed
  • One open charge on record: HDFC Bank Limited — ₹0.10 crore (₹10 lakh) — charge date 11 April 2023
  • No other charges reported
  • (Source: Tofler — single source, not independently corroborated)

Competitors

Partial / conflicting
  • Per Tracxn's peer set: Halden, Drip Project, and Sanskriti Fab (comparable small/emerging Indian D2C fashion-accessories brands)
  • Broader named category peers (larger scale, for context): Blackberrys and Van Heusen/Louis Philippe (established Indian menswear/accessories majors, hundreds of crores in revenue vs. Chokore's ₹1–10 crore bucket) and Fabindia (larger ethnic-wear/accessories retailer)
  • Scale tag: Chokore/Rangreza is a small, single-digit-crore-revenue, ~17-employee D2C niche accessories brand — materially smaller than the named larger peers

Frequently Asked Questions

What does Rangreza Retail Services Private Limited do?
Rangreza Retail Services Private Limited is the legal entity behind "Chokore," an internet-first, direct-to-consumer premium fashion-accessories brand for men and women, founded in 2015 by Akash Verma and Saloni Nangia and headquartered in Gurugram, Haryana.
What is the CIN of Rangreza Retail Services Private Limited?
The Corporate Identification Number (CIN) of Rangreza Retail Services Private Limited is U52100HR2015PTC054536.
Where is Rangreza Retail Services Private Limited registered?
Rangreza Retail Services Private Limited is registered with RoC-Delhi (jurisdiction covers Haryana registrations; state of registration is Haryana) — Source: Tofler, WebSearch aggregator. Registered address: A-73, Belvedere Tower, DLF Phase-2, Near Cyber City, Gurgaon, Haryana – 122001 (Source: TheCompanyCheck, Tofler, WebSearch aggregator — consistent across all)
When was Rangreza Retail Services Private Limited incorporated?
Rangreza Retail Services Private Limited was incorporated on 09 February 2015 (Source: TheCompanyCheck, Tofler).

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