India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #678 Pradeep Ghisulal Rathod ₹4,700 Cr
- #912 Pankaj Ghisulal Rathod ₹3,200 Cr
Revenue · FY 2025
₹386.03 Cr
▲ 12% YoY
Net profit · FY 2025
₹74.34 Cr
Net margin 19.3%
EBITDA · FY 2025
₹121.15 Cr
EBITDA margin 31.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹37 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
881
Provident fund records
About Cello Industries Private Limited
Data last updated:
Cello Industries Private Limited is a private limited company based in Daman, Daman And Diu, India, a subsidiary of Cello World Limited. It operates in the glass and products segment of the manufacturing sector. It was incorporated on 04 June 2018 and has been in existence for over 8 years.
Its director Pradeep Ghisulal Rathod is #678 among India's richest people (2026). Its director Pankaj Ghisulal Rathod is #912 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U25209DD2018PTC009862. Its GSTIN is 26AAHCC6099B1ZM (Daman & Diu). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manali Nitin Kshirsagar and Pankaj Ghisulal Rathod.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Survey No. 597/1 & 597/1 – C Building No. 2 3 & 4 Somnath Road Dha, Bhel, Daman, Daman and Diu, India – 396210.
As per the financials filed for FY 2025, the company reported a revenue of ₹386.03 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹74.34 Cr (net margin 19.3%) and EBITDA of ₹121.15 Cr (EBITDA margin 31.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company has about 881 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 4 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in July 2020. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 152 overdue payments to 48 micro and small suppliers.
For more details, the company can be reached via its website celloworld.com.
Company details
CIN U25209DD2018PTC009862
Registration Number 009862
Incorporation Date 04 June 2018
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 07 August 2025
Date of Balance Sheet 31 March 2025
Parent Company Cello World Limited
CIN history
Cello Industries has one previous CIN (Corporate Identification Number): U25209MH2018PTC310307. The current CIN is U25209DD2018PTC009862, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209DD2018PTC009862 | Current |
| U25209MH2018PTC310307 | Previous |
Key People
Manali Nitin Kshirsagar Director Pankaj Ghisulal Rathod Director Pradeep Ghisulal Rathod Director Recognitions & Rankings of Cello Industries
Contact details
Cello Industries Private Limited's registered office is in Daman, Daman And Diu. Its website is celloworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No. 597/1 & 597/1 – C Building No. 2 3 & 4 Somnath Road Dha, Bhel, Daman, Daman and Diu, India – 396210
- IndustryManufacturing, Glass & Products
To see the full contact details of Cello Industries Private Limited, buy the company report.
Comprehensive company report
Cello Industries Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Cello Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Cello Industries Private Limited, buy the company report.
Financials of Cello Industries Private Limited
FY 2025 filings availableCello Industries Private Limited reported revenue of ₹386.03 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹386.03 Cr ▲ 12%
Net profit · FY 2025
₹74.34 Cr margin 19.3%
EBITDA · FY 2025
₹121.15 Cr margin 31.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 21%
5 years · compounded
▲ 635%
Revenue has grown at a compounded annual rate (CAGR) of 19% over three years, including 12% growth in the latest year. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹121.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹74.34 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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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 | 31.4% | ||||
| Net Profit Margin | 19.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Cello Industries Private Limited, buy the company report.
Board of directors of Cello Industries Private Limited
Cello Industries has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manali Nitin Kshirsagar Also directs: Cello World Limited | Director | 24 Nov 2023 | 2 Years 11 Months | Current |
| Pankaj Ghisulal Rathod | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
| Pradeep Ghisulal Rathod | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
| Gaurav Pradeep Rathod | Director | 04 Jun 2018 | 8 Years 4 Months | Current |
Auditor
Cello Industries Private Limited is audited by B. P. Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. P. Shah & Co. | FY 2023 | 109517W |
Shareholding
The shareholding of Cello Industries 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 Cello Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2023 | 100713693 | Hdfc Bank Limited | ₹37 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Cello Industries Private Limited has 2 deals on record (2 secondary share transfers); the latest was in July 2020.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2020 | Secondary share transfer | Undisclosed | Buyer: Cello World Limited & Pankaj Ghisulal Rathod, Cello World Limited , Cello World Limited & Pradeep Rathod Seller: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cello Industries Private Limited has 6 court cases on record: 2 filed by Cello Industries, 4 filed against it. 4 cases are pending and 2 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
4
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 4 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Reeti Agarwal Sole Proprietor of Ms Na Enterprises | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by Manuj Khanna Proprietor M/S Sportigo Marketing Company | Pending |
| District court, Yavatmal, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Cello Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Cello Industries Private Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 152 overdue payments to 48 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 48)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Cello Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Cello Industries Private Limited has a workforce of 881 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
881
Active EPFO establishments
1
Employee growth
14.42%
GST
Cello Industries has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 26AAHCC6099B1ZM | Daman & Diu | Active | 01 Aug 2020 |
| 18AAHCC6099B1ZJ | Assam | Active | 22 Jun 2021 |
| 19AAHCC6099B1ZH | West Bengal | Active | 18 Dec 2021 |
| 27AAHCC6099B1ZK | Maharashtra | Active | 01 Feb 2022 |
To see the full GST registrations and return filing status of Cello Industries Private Limited, buy the company report.
Recent activity
Cello Industries Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Manali Nitin Kshirsagar ceased to be Additional Director on 08 Aug 2024.
AGM
Cello Industries Private Limited last Annual general meeting of members was held on 07 Aug 2025 as per latest MCA records.
Filing
Cello Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Goa.
Ceased
Manali Nitin Kshirsagar ceased to be Additional Director.
Appointed
Manali Nitin Kshirsagar was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 3,700.00 Lakh with Charge ID 100713693 was registered on 18 Mar 2023.
Ceased
Ghisulal Dhanraj Rathod ceased to be Director.
Appointed
Gaurav Pradeep Rathod was appointed as Director.
Appointed
Pankaj Ghisulal Rathod was appointed as Director.
Appointed
Pradeep Ghisulal Rathod was appointed as Director.
Incorporation
04 Jun 2018
Cello Industries Private Limited was registered on 04 Jun 2018 with Roc Goa & aged 8 years 4 months as per MCA records.
News
Frequently asked questions
Cello Industries is an active private limited company based in Daman, Daman And Diu, India. The company works in glass and products, within the manufacturing industry. It was incorporated on 04 June 2018 (8+ years old) and is registered under CIN U25209DD2018PTC009862.
Cello Industries has 4 current directors:
- Manali Nitin Kshirsagar - Director
- Pankaj Ghisulal Rathod - Director
- Pradeep Ghisulal Rathod - Director
- Gaurav Pradeep Rathod - Director
The latest financial statements of Cello Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Cello Industries is 26AAHCC6099B1ZM, registered in Daman & Diu. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 18AAHCC6099B1ZJ (Assam), 19AAHCC6099B1ZH (West Bengal), 27AAHCC6099B1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Cello Industries is U25209DD2018PTC009862. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cello Industries has 6 court cases on record: 2 filed by the company and 4 filed against it. 4 are pending.
Cello Industries was incorporated on 04 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Goa.
Cello Industries has 2 deals on record (2 secondary share transfers); the latest was in July 2020.
Manali Nitin Kshirsagar ceased to be Additional Director on 08 Aug 2024. Manali Nitin Kshirsagar was appointed as Director on 24 Nov 2023. Ghisulal Dhanraj Rathod ceased to be Director on 09 Feb 2020. Cello Industries has 6 board changes on record in total.
Cello Industries has 7 MSME Form 1 returns on record between 2022 and 2024, listing 152 overdue payments to 48 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Cello Industries can be reached through the website celloworld.com. Its registered office is in Daman, Daman And Diu, India.