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.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Rangreza Retail Services Private Limited |
|---|---|
| CIN | U52100HR2015PTC054536 |
| PAN | AAHCR2046K (Source: Tofler) |
| Status | Active |
| Listing | No — unlisted private limited company |
| Incorporated | 09 February 2015 (Source: TheCompanyCheck, Tofler) |
| ROC | RoC-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 address | A-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| Name | DIN | Role | Appointed |
|---|---|---|---|
| Akash Verma | 03260181 | Director since incorporation 09-Feb-2015, co-founder and shareholder | - |
GST Registrations
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 06AAHCR2046K1ZB | Haryana | AAHCR2046K (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
ConfirmedCharges / 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
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