
About Gateway Multichannel Retail (India) Limited
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Gateway Multichannel Retail (India) Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Shoppers Stop Limited. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 24 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2007PLC170243. Its GSTIN is 27AACCG8344C1ZR (Maharashtra). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Jaiprakash Maheshwari and Manish Ashok Bhatte.
Its last annual general meeting (AGM) was held on 16 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Umang Tower 5th Floor Mindspace Off. Link Road Malad (West), Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹19,000, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹90,000 (net margin -473.7%) and EBITDA of -₹90,000 (EBITDA margin -473.7%). Revenue has declined at a compounded annual rate (CAGR) of 36% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 5 deals on record (5 secondary share transfers); the latest was in July 2018. Its 10 peer companies in the Metals and Minerals industry (Materials Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Recoagrow Private Limited with revenue of ₹19,235.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shoppersstop.com.
Company details
Contact details
Gateway Multichannel Retail (India) Limited's registered office is in Mumbai, Maharashtra. Its website is shoppersstop.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUmang Tower 5th Floor Mindspace Off. Link Road Malad (West), Mumbai, Maharashtra, India – 400064
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Gateway Multichannel Retail (India) 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
Financials of Gateway Multichannel Retail (India) Limited
FY 2025 filings availableGateway Multichannel Retail (India) Limited reported revenue of ₹19,000 (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 21% fall in the latest year. EBITDA fell 50% 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 | -₹90,000 | ||||
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| Net Profit (PAT) | -₹90,000 | ||||
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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 | -473.7% | ||||
| Net Profit Margin | -473.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gateway Multichannel Retail (India) Limited, buy the company report.
Board of directors of Gateway Multichannel Retail (India) Limited
Gateway Multichannel Retail (India) has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaiprakash Maheshwari | Director | 26 Nov 2019 | 6 Years 11 Months | Current |
| Manish Ashok Bhatte | Director | 26 Apr 2022 | 4 Years 6 Months | Current |
| Karunakaran Mohanasundaram | Director | 30 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Gateway Multichannel Retail (India) Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Recoagrow Private Limited | ₹19,235 (FY 2025) | -91.0% | Mumbai, Maharashtra, India | |||
| BTM Exports Limited | ₹19,153 (FY 2021) | -99.0% | New Delhi, Delhi, India | |||
| Daiwik Vyapaar Private Limited | ₹19,150 (FY 2024) | 74.0% | Kolkata, West Bengal, India | |||
| Brilliant Mastermind Skills Private Limited | ₹19,143 (FY 2021) | Ahmedabad, Gujarat, India | ||||
| Rama Vinimay Coal Private Limited | ₹19,043 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| Gateway Multichannel Retail (India) Limitedthis company | ₹19,000 (FY 2025) | -₹90,000 | -473.7% | -21.0% | Mumbai, Maharashtra, India | |
| Shyam Metals and Minerals Private Limited | ₹19,000 (FY 2023) | 2461.0% | Cuttack, Odisha, India | |||
| Mannan Impex Private Limited | ₹19,000 (FY 2024) | Delhi, India | ||||
| Gateway Nirman Private Limited | ₹18,964 (FY 2024) | Kolkata, West Bengal, India | ||||
| Novahome Enterprises Private Limited | ₹18,922 (FY 2024) | -100.0% | Hyderabad, Telangana, India | |||
| Mrida Sales Private Limited | ₹18,542 (FY 2025) | 229.0% | Howrah, West Bengal, India |
To see the full peer comparison of Gateway Multichannel Retail (India) Limited, buy the company report.
Auditor
Gateway Multichannel Retail (India) Limited is audited by N. M. Raiji & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. M. Raiji & Co. | FY 2023 | 108296W |
Shareholding
The shareholding of Gateway Multichannel Retail (India) Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gateway Multichannel Retail (India) Limited, buy the company report.
Deals & funding
Gateway Multichannel Retail (India) Limited has 5 deals on record (5 secondary share transfers); the latest was in July 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: Shoppers Stop Limited & Prakash Sawant Seller: Shoppers Stop Limited & Sanjay Chakravati |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Shoppers Stop Limited & Bharat Sanghavi, Shoppers Stop Limited & BVM Rao Seller: Shoppers Stop Limited & Manohar Kamath, Shoppers Stop Limited & Prasant Mehta |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: Shoppers Stop Limited & Gopal Asthana Seller: Shoppers Stop Limited & Ashutosh Chakadeo |
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: Shoppers Stop Limited & Manohar Kamath Seller: Shoppers Stop Limited & Vivek Mathur |
| Jul 2012 | Secondary share transfer | Undisclosed | Buyer: Shoppers Stop Limited & Vivek Mathur, Shoppers Stop Limited & Ashutosh Chakadeo, Shoppers Stop Limited Seller: Shoppers Stop Limited & Dharmender Jain, Shoppers Stop Limited & Prasant Mehta, Shoppers Stop Limited & CB Navalkar |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gateway Multichannel Retail (India) Limited has 3 court cases on record: 1 filed by Gateway Multichannel Retail (India), 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (S) | Filed against the company by Argos International Marketing Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Argos International Marketing Pvt. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India, Ministry of Finance, Dept. of Revenue and Ors | Disposed |
To see the full case history of Gateway Multichannel Retail (India) 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
No delayed payments to MSME suppliers are on our record for Gateway Multichannel Retail (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gateway Multichannel Retail (India) has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG8344C1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gateway Multichannel Retail (India) Limited, buy the company report.
Recent activity
Gateway Multichannel Retail (India) Limited has 18 board changes on record since 2008: 3 appointments and 15 cessations. The latest: Manish Ashok Bhatte ceased to be Additional Director on 22 Jul 2022.
9 earlier events are in the company report.
Frequently asked questions
Gateway Multichannel Retail (India) is an active public limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 24 April 2007 (19+ years old) and is registered under CIN U52100MH2007PLC170243.
Gateway Multichannel Retail (India) has 3 current directors:
- Jaiprakash Maheshwari - Director
- Manish Ashok Bhatte - Director
- Karunakaran Mohanasundaram - Director
The latest financial statements of Gateway Multichannel Retail (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Gateway Multichannel Retail (India) is 27AACCG8344C1ZR, registered in Maharashtra. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of Gateway Multichannel Retail (India) is U52100MH2007PLC170243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gateway Multichannel Retail (India) has 3 court cases on record: 1 filed by the company and 2 filed against it.
Gateway Multichannel Retail (India) was incorporated on 24 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Gateway Multichannel Retail (India) has 5 deals on record (5 secondary share transfers); the latest was in July 2018.
The peers of Gateway Multichannel Retail (India) by revenue are Recoagrow Private Limited, BTM Exports Limited, Daiwik Vyapaar Private Limited, Brilliant Mastermind Skills Private Limited, Rama Vinimay Coal Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).
Manish Ashok Bhatte ceased to be Additional Director on 22 Jul 2022. Manish Ashok Bhatte was appointed as Director on 26 Apr 2022. Devadas Chittozhi ceased to be Additional Director on 05 Aug 2020. Gateway Multichannel Retail (India) has 18 board changes on record in total.
Gateway Multichannel Retail (India) can be reached through the website shoppersstop.com. Its registered office is in Mumbai, Maharashtra, India.

