- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0245848

LMD Retail Spectrum Private Limited
About LMD Retail Spectrum Private Limited
Data last updated:
LMD Retail Spectrum Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Apparel Group India Private Limited. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 17 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51310MH2020PTC339433. Its GSTIN is 27AAECL2010J1ZU (Maharashtra). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹25 Cr. It is led by directors Manohar Govindram Mulchandani and Tushar Kumar Naval Ved.
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.02 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Cr (net margin -10.4%) and EBITDA of ₹4.29 Cr (EBITDA margin 23.8%).
LMD Retail Spectrum Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0245848).
Company details
Recognitions & Rankings of LMD Retail Spectrum
Contact details
LMD Retail Spectrum Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address512 C Wing 5th Floor Mittal Commercia, Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of LMD Retail Spectrum Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of LMD Retail Spectrum is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of LMD Retail Spectrum Private Limited, buy the company report.
Financials of LMD Retail Spectrum Private Limited
FY 2025 filings availableLMD Retail Spectrum Private Limited reported revenue of ₹18.02 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year. EBITDA rose 92% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.29 Cr | ||||
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| Net Profit (PAT) | -₹1.87 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.8% | ||||
| Net Profit Margin | -10.4% | ||||
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To see the full financial statements and ratios of LMD Retail Spectrum Private Limited, buy the company report.
Board of directors of LMD Retail Spectrum Private Limited
LMD Retail Spectrum has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manohar Govindram Mulchandani | Director | 18 Feb 2022 | 4 Years 8 Months | Current |
| Tushar Kumar Naval Ved | Director | 17 Apr 2020 | 6 Years 6 Months | Current |
Peer comparison
LMD Retail Spectrum Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eyevam Opticians Private Limited | ₹18.42 Cr (FY 2025) | 2.0% | Thane, Maharashtra, India | |||
| Neobrands Limited | ₹18.33 Cr (FY 2025) | 60.0% | New Delhi, Delhi, India | |||
| Bioworld Retail Private Limited | ₹18.06 Cr (FY 2023) | 29.0% | New Delhi, Delhi, India | |||
| LMD Retail Spectrum Private Limitedthis company | ₹18.02 Cr (FY 2025) | -₹1.87 Cr | -10.4% | 21.0% | Mumbai, Maharashtra, India | |
| Sanket Multi Biz Private Limited | ₹17.77 Cr (FY 2025) | 3.0% | Anand, Gujarat, India |
To see the full peer comparison of LMD Retail Spectrum Private Limited, buy the company report.
Auditor
LMD Retail Spectrum Private Limited is audited by Kalpesh D. Katira & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kalpesh D. Katira & Co. | FY 2023 | 138739W |
Shareholding
The shareholding of LMD Retail Spectrum Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of LMD Retail Spectrum Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving LMD Retail Spectrum Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
LMD Retail Spectrum Private Limited has 8 MSME Form 1 returns on record between 2022 and 2024, listing 33 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Satin Neo Dimensions Private Limited | |||
| an individual supplier | |||
| Zenith Interiors-Mp | |||
| an individual supplier |
To see the full MSME payment records of LMD Retail Spectrum Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
LMD Retail Spectrum has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECL2010J1ZU | Maharashtra | Active | 17 Jun 2021 |
| 04AAECL2010J1Z2 | Chandigarh | Active | 22 Apr 2022 |
| 06AAECL2010J1ZY | Haryana | Active | 09 Aug 2022 |
| 09AAECL2010J1ZS | Uttar Pradesh | Active | 24 Aug 2022 |
To see the full GST registrations and return filing status of LMD Retail Spectrum Private Limited, buy the company report.
Recent activity
LMD Retail Spectrum Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Manohar Govindram Mulchandani ceased to be Additional Director on 15 Sep 2022.
Frequently asked questions
LMD Retail Spectrum is an active private limited company based in Mumbai, Maharashtra, India. The company works in retail trading, within the trading industry. It was incorporated on 17 April 2020 (6+ years old) and is registered under CIN U51310MH2020PTC339433.
LMD Retail Spectrum has 2 current directors:
- Manohar Govindram Mulchandani - Director
- Tushar Kumar Naval Ved - Director
The latest financial statements of LMD Retail Spectrum on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of LMD Retail Spectrum is 27AAECL2010J1ZU, registered in Maharashtra. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 04AAECL2010J1Z2 (Chandigarh), 06AAECL2010J1ZY (Haryana), 09AAECL2010J1ZS (Uttar Pradesh).
The CIN (Corporate Identification Number) of LMD Retail Spectrum is U51310MH2020PTC339433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LMD Retail Spectrum was incorporated on 17 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of LMD Retail Spectrum by revenue are Eyevam Opticians Private Limited, Neobrands Limited, Bioworld Retail Private Limited, Sanket Multi Biz Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution), with the same principal business activity (retail trading).
Manohar Govindram Mulchandani ceased to be Additional Director on 15 Sep 2022. Manohar Govindram Mulchandani was appointed as Director on 18 Feb 2022. Neeraj Bherumal Teckchandani ceased to be Director on 18 Feb 2022. LMD Retail Spectrum has 4 board changes on record in total.
Yes, LMD Retail Spectrum is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0245848).
LMD Retail Spectrum has 8 MSME Form 1 returns on record between 2022 and 2024, listing 33 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of LMD Retail Spectrum is at 512 C Wing 5th Floor Mittal Commercia, Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400059.
LMD Retail Spectrum operates in the trading industry, in the retail trading segment.

