Madbow Share Price

Price Chart

• Madbow Ventures Limited is an Indian e-commerce lifestyle fashion brand that makes creative, distinctive fashion for the trendy & contemporary women. 
• They are primarily involved in selling of ready-to-wear garments, footwear and lingerie for women through their build business vertical-specific niche websites for different consumer needs. They have a diverse portfolio of lifestyle products like footwear, western wear, ethnic, and other fashion products, including their owned brand products manufactured by them. Their brands, Streetstyle stalk for value based fashion products that cater to masses, Slaydeal as a deal site and our audience get all sort of Deals on the platform and Stalkbae for premium designs for women and the other 2 brands, Flatoes and Kalihouse are for women footwear.
• The sell the products via online channels include mobile applications, websites and mobile sites. As of March 31, 2021, they had cumulative downloads of 500K across on mobile applications and during the FY21, 86.7% of their online GMV came through mobile phones.
• It does its operation under inventory-led retailing business model. The platform take cares of the whole process end to end, starting with product purchasing, warehousing and ending with product dispatch. 
• The number of units placed on their platform is largely driven by base of the consumers, mix of products and brands that are sold on platforms. The number of units has grown from 4 Lac in the FY19 to 5.5 Lac in the FY21 for the products in all categories.
• They have created retail tech which helped them to scale and diversify into multiple channel and able to grow with 100% rate year on year. This enabled their operations to run smoothly which they have named SSTE : Systematic Solutions to E-commerce
• The company was incorporated on 13th June 2017 with their registered office at Gurugram, Haryana. Madbow Venture Private Limited Company was formerly known as Madbow Fashion Private Limited on July, 2021.
• They have turned PAT positive during the year due to growth in revenue and prudent cost management. The company grew by 35.2% over the previous year in terms of GMV – the total of which was Rs.320 Million with Rs.190 Million from footwear and Rs.130 Million from garments.