Apollo Fashion International
- Unlisted share
- Consumer Goods
- ISIN INE0RYY01014
At a glance
Sales
FY25
₹182 Cr
+103%on FY24What the company earned from its customers in the year.
Profit
FY25
₹13.07 Cr
+7.5%on FY24What was left after every cost and tax was paid.
Net worth
FY25
₹49.57 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Apollo Fashion International
- ISIN
- INE0RYY01014
- Sector
- Consumer Goods
- Type of share
- Unlisted equity share
- Indicative price per share
- ₹43.56
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Apollo Fashion International
Apollo Fashion International makes leather footwear, outerwear, bags and belts for fashion brands from factories in Noida. The company was set up in September 2023 to take over the fashion division of Apollo Green Energy Limited, which was transferred to it with effect from 1 June 2024. It is part of the Apollo International group led by Raaja Kanwar; Apollo Green Energy is the largest shareholder with about 37.5%.
Written from: 81psw791cp.ufs.sh, apollofashioninternational.com
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Consumer Goods
- ISIN
- INE0RYY01014
- Year of incorporation
- 2023
- Registered office
- New Delhi, Delhi (factories in Noida, Uttar Pradesh)
- Promoters and main holders
- Apollo International group (Raaja Kanwar). Largest holders: Apollo Green Energy Limited 37.52%, RK Eternova Private Limited 21.22%, Kanwar Family Administrative Services Private Limited 8.67%
- Key people
- Chairman: Raaja Kanwar; Whole-time Director: Shiraz Askari; CFO: Rupesh Singhal
- Face value per share
- ₹10
- CIN
- U46411DL2023PLC419636
Read from: Annual Report FY 2024-25 (linked from company website), unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Price to earnings (P/E)calculated
6.6×
At this price you pay ₹6.6 for every ₹1 of profit the company made in the year.
Profit margincalculated
7.2%
Out of every ₹100 of sales, ₹7.2 was left as profit.
Return on equitycalculated
26.4%
For every ₹100 of the owners' money, the company made ₹26.4 of profit in the year.
Debt to equitycalculated
1.33×
The company has borrowed ₹1.33 for every ₹1 of its owners' money.
- Indicative price
- ₹43.56
- EPS
- ₹6.65
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2024-25. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Apollo Fashion International Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY24 to FY25: ₹89.98 Cr to ₹182 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY24 to FY25: ₹12.16 Cr to ₹13.07 Cr.
| Particulars | FY24 | FY25Latest |
|---|---|---|
| Revenue from operations | 89.98 | 182.44▲103% |
| Other income | 3.12 | 3.51▲12% |
| Total income | 93.1 | 185.95▲100% |
| Depreciation and amortisation | 2.81 | 2.9▲3% |
| Finance costs | 1.9 | 5.08▲167% |
| Profit before tax | 16.25 | 17.47▲8% |
| Profit after tax | 12.16 | 13.07▲7% |
| Earnings per share (basic and diluted) (₹) | 79.31 | 6.65▼92% |
Rupees crore unless marked, standalone (period 6 September 2023 to 31 March 2024), standalone. The change shown is the latest year against the year before. Read from: Annual Report FY 2024-25 (linked from company website).
Ownership
Shareholding pattern
Who owns the company
37.5%Apollo Green Energy Limited
- Largest holder
- 37.5%
- Top 3 together
- 67.4%
- Holders named
- 5
- Apollo Green Energy Limited37.52%
- RK Eternova Private Limited (promoter)21.22%
- Kanwar Family Administrative Services Private Limited8.67%
- Raaja Kanwar (promoter)5.16%
- Kamayani Singh Kanwar (promoter)4.03%
- Total76.60%
Read from: Annual Report FY 2024-25 (linked from company website)
Capital history
Fund raise history
| Date and detail | Type | Instrument | Price per share | Amount raised |
|---|---|---|---|---|
| 14 Feb 20251,11,67,200 shares issued at ₹30 each (₹10 face value plus ₹20 premium) for consideration other than cash, as part of the business transfer from Apollo Green Energy. | Preferential allotment | Equity shares | ₹30 | Not stated |
| 24 May 202410,00,000 shares allotted at ₹10 each. | Preferential allotment | Equity shares | ₹10 | Not stated |
| 24 Apr 202431,25,000 shares allotted at ₹10 each on a rights basis. | Rights issue | Equity shares | ₹10 | Not stated |
Read from: Annual Report FY 2024-25 (linked from company website)
Leadership
Management
Raaja Kanwar
Chairman
Shiraz Askari
Wholetime Director
Rupesh Singhal
Chief Financial Officer
Zefaan OS Kanwar
Director
Neha Arora
Company Secretary
Preeti Chadha
Independent Director
Sakshi Thapar
Independent Director
Read from: Annual Report FY 2024-25 (linked from company website), Company website, Board of Directors page
Corporate calendar
Events
- 1 Dec 2025AGM2nd AGM called for 1 December 2025 to adopt the FY2024-25 accountsOpen
- 14 Feb 2025Share issue1,11,67,200 shares issued at ₹30 for the fashion business transferred from Apollo Green EnergyOpen
- 24 Jan 2025CapitalAuthorised share capital raised to ₹53 croreOpen
- 31 Dec 2024AGM1st AGM held; statutory auditor appointed for five yearsOpen
- 9 Jul 2024Business transferBusiness transfer agreement signed for the fashion division of Apollo Green Energy, effective 1 June 2024Open
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Apollo Fashion International on WhatsAppIs the price shown for Apollo Fashion International final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Apollo Fashion International shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Apollo Fashion International shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Apollo Fashion International. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.

