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Apollo Fashion International

At a glance

  • Sales

    FY25

    ₹182 Cr

    +103%on FY24

    What the company earned from its customers in the year.

  • Profit

    FY25

    ₹13.07 Cr

    +7.5%on FY24

    What 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.

Published figures by financial year
ParticularsFY24FY25Latest
Revenue from operations89.98182.44▲103%
Other income3.123.51▲12%
Total income93.1185.95▲100%
Depreciation and amortisation2.812.9▲3%
Finance costs1.95.08▲167%
Profit before tax16.2517.47▲8%
Profit after tax12.1613.07▲7%
Earnings per share (basic and diluted) (₹)79.316.65▼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

Apollo Green Energy Limited: 37.52%RK Eternova Private Limited (promoter): 21.22%Kanwar Family Administrative Services Private Limited: 8.67%Raaja Kanwar (promoter): 5.16%Kamayani Singh Kanwar (promoter): 4.03%Not broken out: 23.40%

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

Share issues by Apollo Fashion International
Date and detailTypeInstrumentPrice per shareAmount 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 allotmentEquity shares₹30Not stated
24 May 202410,00,000 shares allotted at ₹10 each.Preferential allotmentEquity shares₹10Not stated
24 Apr 202431,25,000 shares allotted at ₹10 each on a rights basis.Rights issueEquity shares₹10Not 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 WhatsApp
Is 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.

Apollo Fashion International

₹43.56

Inquire about Apollo Fashion International on WhatsApp