Fairpick Private Limited
About Fairpick Private Limited
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Fairpick Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 25 May 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U47912MH2023PTC403491.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Mitesh Manoharmal Jain and Punit Manoharmal Jain.
Its last annual general meeting (AGM) was held on 30 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 2024, the company reported a revenue of ₹3.07 Cr. For the same year it recorded a net loss of ₹6.99 Cr (net margin -227.8%) and EBITDA of -₹6.35 Cr (EBITDA margin -206.9%).
As per MCA filings, the company has open charges of ₹2.13 Cr on record.
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- Registered Address7 Flr D Wingtradeworldbld, S B Marg Lower Parel West, Mumbai, Maharashtra, India – 400013
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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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Financials of Fairpick Private Limited FY 2025 filings available
Fairpick Private Limited reported revenue of ₹3.07 Cr for FY 2024.
Financial Statement Summary of Fairpick Private Limited
| Metrics | FY 2023-24 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | •••• |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | -₹6.35 Cr |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | -₹6.99 Cr |
| Balance Sheet | |
| Share Capital | •••• |
| Reserves and Surplus | •••• |
| Net Worth (Total Equity) | •••• |
| Long-term Borrowings | •••• |
| Short-term Borrowings | •••• |
| Trade Payables | •••• |
| Total Liabilities | •••• |
| Fixed Assets | •••• |
| Investments | •••• |
| Inventories | •••• |
| Trade Receivables | •••• |
| Cash and Bank Balance | •••• |
| Total Assets | •••• |
Financial Ratios of Fairpick Private Limited
| Metrics | FY 2023-24 |
|---|---|
| Profitability | |
| EBITDA Margin | -206.9% |
| Net Profit Margin | -227.8% |
| Return on Equity (ROE) | •••• |
| Return on Capital Employed (ROCE) | •••• |
| Return on Assets (ROA) | •••• |
| Liquidity and Debt | |
| Current Ratio | •••• |
| Quick Ratio | •••• |
| Debt-to-Equity Ratio | •••• |
| Interest Coverage Ratio | •••• |
| Efficiency and Growth | |
| Asset Turnover | •••• |
| Receivable Days | •••• |
| Payable Days | •••• |
| Inventory Days | •••• |
| Revenue Growth | •••• |
| Net Profit Growth | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Fairpick are in the company report.
Financial statements from FY 2024
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Fairpick Private Limited
Fairpick has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Manoharmal Jain Also directs: Ignis Infra-Tech Solutions Private Limited | Director | 25 May 2023 | 3 Years 4 Months | Current |
| Punit Manoharmal Jain Also directs: Ignis Infra-Tech Solutions Private Limited | Director | 25 May 2023 | 3 Years 4 Months | Current |
| Neeta Ashwin Kavedi Also directs: Ignis Infra-Tech Solutions Private Limited | Director | 25 May 2023 | 3 Years 4 Months | Current |
Peer Comparison of Fairpick Private Limited
Fairpick Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varna Display Systems Private Limited | ₹3.08 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Titantech Industry Private Limited | ₹3.08 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Meghram Accessories Solutions Private Limited | ₹3.08 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | New Delhi, Delhi, India |
| Viwil Electricals Private Limited | ₹3.07 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Delhi, India |
| VCSP Nova Energie Private Limited | ₹3.07 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Fairpick Private Limited this company | ₹3.07 Cr (FY 2024) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Ablaze Industries India Private Limited | ₹3.07 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Meerut Road, Uttar Pradesh, India |
| Hunt Mobiles Private Limited | ₹3.07 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Bangalore, Karnataka, India |
| SLG Esales Private Limited | ₹3.07 Cr (FY 2022) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Vilasini Mechatronics Private Limited | ₹3.06 Cr (FY 2025) | •••• | •••• | 859.0% | •••• | Delhi, India |
| Energyarc Private Limited | ₹3.06 Cr (FY 2024) | •••• | •••• | •••• | Hisar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Fairpick by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Fairpick Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2024 | Others | ₹2.13 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Fairpick Private Limited
Employment history and EPFO contributions of people linked to Fairpick.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Fairpick Private Limited
Fairpick Private Limited has 3 board changes on record since 2023: 3 appointments. The latest: Mitesh Manoharmal Jain was appointed as Director on 25 May 2023.
Credit Ratings, Litigation & Regulatory Alerts for Fairpick Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Fairpick Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Fairpick Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Fairpick Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Fairpick Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Fairpick Private Limited
Fairpick is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 25 May 2023 (3+ years old) and is registered under CIN U47912MH2023PTC403491.
Fairpick reported revenue of ₹3.07 Cr for FY 2024.
Fairpick has 3 current directors:
- Mitesh Manoharmal Jain - Director
- Punit Manoharmal Jain - Director
- Neeta Ashwin Kavedi - Director
Fairpick reported a net loss of ₹6.99 Cr (net margin -227.8%) and EBITDA of -₹6.35 Cr (EBITDA margin -206.9%) for FY 2024, as per its filed financial statements.
The CIN (Corporate Identification Number) of Fairpick is U47912MH2023PTC403491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairpick was incorporated on 25 May 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fairpick by revenue are Varna Display Systems Private Limited, Titantech Industry Private Limited, Meghram Accessories Solutions Private Limited, Viwil Electricals Private Limited, VCSP Nova Energie Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Mitesh Manoharmal Jain was appointed as Director on 25 May 2023. Neeta Ashwin Kavedi was appointed as Director on 25 May 2023. Punit Manoharmal Jain was appointed as Director on 25 May 2023.
The registered office of Fairpick is at 7 Flr D Wingtradeworldbld, S B Marg Lower Parel West, Mumbai, Maharashtra, India – 400013.
Fairpick has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr.
Fairpick operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.