Manratan Retails Private Limited
About Manratan Retails Private Limited
Data last updated:
Manratan Retails Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, a subsidiary of Indigo Sales Private Limited. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 28 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52335MP2011PTC044804. Its GSTIN is 23AAQCS6590Q1ZC (Madhya Pradesh).
The company has an authorised share capital of ₹43 Lakh and a paid-up capital of ₹43 Lakh. It was formerly known as Shree Namaskar Trade and Supplies Private Limited and Shovel Dealers Private Limited. It is led by directors Aashish Kumar Sehlot and Punit Pirodia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at House No 2 Sultania Road Imami Gate, Bhopal, Madhya Pradesh, India – 462001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.36 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹74.72 Lakh (net margin 22.2%) and EBITDA of ₹1.01 Cr (EBITDA margin 30%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Manratan Retails has undergone 3 name changes throughout its history. The company was previously known as Shree Namaskar Trade And Supplies Private Limited, Shovel Dealers Private Limited, and Shree Namaskar Trade Private Limited. The current legal name is Manratan Retails Private Limited.
| Company Name | Status |
|---|---|
| Manratan Retails Private Limited | Current |
| Shree Namaskar Trade And Supplies Private Limited | Previous |
| Shovel Dealers Private Limited | Previous |
| Shree Namaskar Trade Private Limited | Previous |
CIN history
Manratan Retails has one previous CIN (Corporate Identification Number): U52335MH2011PTC224447. The current CIN is U52335MP2011PTC044804, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52335MP2011PTC044804 | Current |
| U52335MH2011PTC224447 | Previous |
Contact details
Manratan Retails Private Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No 2 Sultania Road Imami Gate, Bhopal, Madhya Pradesh, India – 462001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Manratan Retails 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 Manratan Retails 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 Manratan Retails Private Limited, buy the company report.
Financials of Manratan Retails Private Limited
FY 2024 filings availableManratan Retails Private Limited reported revenue of ₹3.36 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 8% fall in the latest year. EBITDA fell 38% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.01 Cr | ||||
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| Net Profit (PAT) | ₹74.72 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 30% | ||||
| Net Profit Margin | 22.2% | ||||
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To see the full financial statements and ratios of Manratan Retails Private Limited, buy the company report.
Board of directors of Manratan Retails Private Limited
Manratan Retails has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Kumar Sehlot | Director | 19 Aug 2015 | 11 Years 2 Months | Current |
| Punit Pirodia Also directs: Shree Hanuman Wind-Infra Private Limited | Director | 05 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Manratan Retails Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems 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 |
|---|---|---|---|---|---|---|
| Jawala Impex Private Limied | ₹3.39 Cr (FY 2025) | 8.0% | New Delhi, Delhi, India | |||
| Taneja Jewellers Private Limited | ₹3.39 Cr (FY 2025) | 44.0% | Delhi, India | |||
| Manratan Retails Private Limitedthis company | ₹3.36 Cr (FY 2024) | ₹74.72 Lakh | 22.2% | -8.0% | Bhopal, Madhya Pradesh, India | |
| Ranisati Jewellers Pvt Ltd | ₹3.36 Cr (FY 2025) | 39.0% | Dhanbad, Jharkhand, India | |||
| Niharika Holdings Pvt. Ltd. | ₹3.35 Cr (FY 2024) | -93.0% | Patna, Bihar, India |
To see the full peer comparison of Manratan Retails Private Limited, buy the company report.
Auditor
Manratan Retails Private Limited is audited by JEEVAN JAGETIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JEEVAN JAGETIYA & CO | FY 2023 | 121335W |
Shareholding
The shareholding of Manratan Retails Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manratan Retails Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Manratan Retails 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
No delayed payments to MSME suppliers are on our record for Manratan Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manratan Retails has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAQCS6590Q1ZC | Madhya Pradesh | Active | 28 Feb 2018 |
To see the full GST registrations and return filing status of Manratan Retails Private Limited, buy the company report.
Recent activity
Manratan Retails Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Mukund Dubey ceased to be Director on 31 Aug 2015.
Frequently asked questions
Manratan Retails is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 28 November 2011 (15+ years old) and is registered under CIN U52335MP2011PTC044804.
Manratan Retails has 2 current directors:
- Aashish Kumar Sehlot - Director
- Punit Pirodia - Director
The latest financial statements of Manratan Retails on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Manratan Retails is 23AAQCS6590Q1ZC, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Manratan Retails is U52335MP2011PTC044804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manratan Retails was incorporated on 28 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Manratan Retails by revenue are Jawala Impex Private Limied, Taneja Jewellers Private Limited, Ranisati Jewellers Pvt Ltd, Niharika Holdings Pvt. Ltd, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (retail trading).
Mukund Dubey ceased to be Director on 31 Aug 2015. Nitesh Singh ceased to be Director on 31 Aug 2015. Aashish Kumar Sehlot was appointed as Director on 19 Aug 2015. Manratan Retails has 4 board changes on record in total.
The registered office of Manratan Retails is at House No 2 Sultania Road Imami Gate, Bhopal, Madhya Pradesh, India – 462001.
Manratan Retails operates in the consumer goods industry, in the jewelry and gemstone retail and distribution segment.
The compliance status of Manratan Retails is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.