
Kedar Spices Limited
About Kedar Spices Limited
Data last updated:
Kedar Spices Limited is a public limited company based in Raigad, Maharashtra, India, a subsidiary of Manik Machinery Manufacturers Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 22 August 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1990PLC057836. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹71.5 Lakh. It is led by directors including Ram Shamdas Manik and Laxman Shamdas Manik.
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 126/12B Village Horalekhopoli Pen Rd Khalapur, Raigad, Maharashtra, India – 410203.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.91 Lakh, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹8.57 Lakh (net margin -96.2%) and EBITDA of -₹1.6 Lakh (EBITDA margin -18%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹7.58 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Kedar Spices has one previous CIN (Corporate Identification Number): L99999MH1990PLC057836. The current CIN is U99999MH1990PLC057836, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1990PLC057836 | Current |
| L99999MH1990PLC057836 | Previous |
Contact details
Kedar Spices Limited's registered office is in Raigad, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address126/12B Village Horalekhopoli Pen Rd Khalapur, Raigad, Maharashtra, India – 410203
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Kedar Spices 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 Kedar Spices Limited
FY 2024 filings availableKedar Spices Limited reported revenue of ₹8.91 Lakh (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 239% 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 | -₹1.6 Lakh | ||||
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| Net Profit (PAT) | -₹8.57 Lakh | ||||
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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 | -18% | ||||
| Net Profit Margin | -96.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Kedar Spices Limited, buy the company report.
Board of directors of Kedar Spices Limited
Kedar Spices has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Shamdas Manik | Director | 05 Aug 2010 | 16 Years 2 Months | Current |
| Laxman Shamdas Manik Also directs: Manik Machinery Manufacturers Private Limited, Pilot Pneumatics Private Limited, Feline Cosmetics Private Limited and 1 more | Director | 23 Mar 2010 | 16 Years 7 Months | Current |
| Ishwar Shamdas Manik Also directs: Pilot Pneumatics Private Limited, Pilot Fluid Technologies LLP, MTL Pipes India Limited and 2 more | Director | 26 Oct 2010 | 16 Years 0 Months | Current |
| Anil Shamdas Manik | Director | 26 Oct 2010 | 16 Years 0 Months | Current |
| Hundal Fatechand Manik Also directs: PBM Automation Private Limited | Director | 26 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Kedar Spices Limited is audited by KASHINATH CHATURVEDI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KASHINATH CHATURVEDI & ASSOCIATES | FY 2023 | 030932 |
Shareholding
The shareholding of Kedar Spices 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 Kedar Spices Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2010 | 10288747 | Bombay Mercantile Co-Operative Bank Ltd. | ₹2.7 Cr | Satisfied | |
| 12 Jun 2009 | 10167230 | Indian Overseas Bank | ₹1.81 Cr | Satisfied | |
| 11 Jun 2009 | 10166518 | Indian Overseas Bank | ₹1.81 Cr | Satisfied | |
| 27 Nov 2001 | 80057906 | Oriental Bank of Commerce | ₹20 Lakh | Satisfied | |
| 27 Nov 2001 | 90143665 | Orintal Bank of Commerce | ₹20 Lakh | Satisfied |
To see the full charge records of Kedar Spices Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Kedar Spices Limited has 7 court cases on record: 2 filed by Kedar Spices, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
| District courts | 3 | 3 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Sicom Ltd., | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by The Board of Trustees of the Port of Mumbai | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by The Board of Trustees of the Port of Mumbai | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ms. Ambika Traders | Disposed |
| District court, Hanumakonda, Telangana | Civil suit | Filed against the company by Karani Trading Co. Warangal, Rep by Its Partner Rajesh D.Karani | Disposed |
To see the full case history of Kedar Spices 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 Kedar Spices Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kedar Spices has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Kedar Spices Limited, buy the company report.
Recent activity
Kedar Spices Limited has 13 board changes on record since 1993: 9 appointments and 4 cessations. The latest: Prashant Kedarnath Goyal ceased to be Director on 20 Mar 2019.
32 earlier events are in the company report.
Frequently asked questions
Kedar Spices is an active public limited company based in Raigad, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 22 August 1990 (36+ years old) and is registered under CIN U99999MH1990PLC057836.
Kedar Spices has 5 current directors:
- Ram Shamdas Manik - Director
- Laxman Shamdas Manik - Director
- Ishwar Shamdas Manik - Director
- Anil Shamdas Manik - Director
- Hundal Fatechand Manik - Director
The latest financial statements of Kedar Spices 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.
No. Kedar Spices has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Kedar Spices is U99999MH1990PLC057836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kedar Spices has 7 court cases on record: 2 filed by the company and 5 filed against it. Most are in the high courts.
Kedar Spices was incorporated on 22 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Prashant Kedarnath Goyal ceased to be Director on 20 Mar 2019. Anil Shamdas Manik was appointed as Director on 26 Oct 2010. Hundal Fatechand Manik was appointed as Director on 26 Oct 2010. Kedar Spices has 13 board changes on record in total.
The registered office of Kedar Spices is at 12612B Village Horalekhopoli Pen Rd Khalapur, Raigad, Maharashtra, India – 410203.
Kedar Spices operates in the financial services industry, in the real estate financing segment.

