Man Industries (India) Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1988.

1988 Mumbai, Maharashtra, India Active

Last Updated: January 05, 2026

About Man Industries (India) Limited

Man Industries (India) Limited, a active public limited company, was established on 19 May 1988 in Mumbai, Maharashtra, India. Engaging in pipe & tubes within the manufacturing sector, it holds CIN: L99999MH1988PLC047408. Registered under ROC Roc Mumbai. it is listed on BSE: 513269 and NSE: MANINDS. It has an authorized capital of ₹50.00 Cr and a paid-up capital of ₹37.50 Cr.

Formerly known as Man Aluminium Limited. It upholds a compliant status. In 2024, it reported revenue of ₹3,146.31 Cr and a net worth of ₹1,278.00 Cr. Employing 86 professional, Its leadership includes Nikhil Rameshchandra Mansukhani (Managing Director), Narendra Mairpady (Director), Rabi Narayan Bastia (Director). Past directors included Nikhil Rameshchandra Mansukhani, Dhananjay Laxman Datar, Vijay Goverdhandas Kalantri. It holds ₹3,481.92 Cr open charges and ₹5,447.99 Cr settled loans. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Man House, 101, S.V. Road, Opp. Pawan Hans, Vile Parle (West),, Mumbai, Maharashtra, 400056.

Company Details

CIN/LLPIN
L99999MH1988PLC047408
Registration Number
047408
Incorporation Date
19 May 1988
Authorized Capital
₹50.00 Cr
Paid-Up Capital
₹37.50 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 513269, NSE: MANINDS)
Company Status
Active

Key Metrics

Authorised Capital ₹ 50.00 Cr as on 05-01-2026
Paid Up Capital ₹ 37.50 Cr as on 05-01-2026
Company Age 37 Year, 9 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 3,481.92 Cr as on 05-01-2026
Satisfied Charges ₹ 5,447.99 Cr as on 05-01-2026
Revenue Growth **** 47.53% (FY 2024)
Profit Growth **** 63.14% (FY 2024)
Ebitda **** 69.52% (FY 2024)
Net Worth 27.44% (FY 2024)
Total Assets **** 32.12% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Man Industries (India) Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Man Industries (India) Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nikhil Rameshchandra Mansukhani	Managing Director	23 Nov 2011	Current
Narendra Mairpady	Director	23 Feb 2021	Current
Rabi Narayan Bastia	Director	05 Feb 2024	Current
Renu Purshottam Jalan	Director	08 Mar 2018	Current
Rameshchandra Mansukhani	Whole-Time Director	26 Sep 2008	Current
Esha Padmanabhan Achan	Additional Director	13 Nov 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	01 Oct 2021	Past
Pramod Abcsdd	Director	28 Dec 2015	Past
Pramod Abcsdd	Director	03 Feb 2011	Past
Pramod Abcsdd	Director	09 Aug 2016	Past
Pramod Abcsdd	Additional Director	30 Oct 2013	Past
Pramod Abcsdd	Nodal Officer	15 Dec 2020	Past

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Financial Performance of Man Industries (India).

Man Industries (India) Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 47.53% increase. The company also saw a substantial improvement in profitability, with a 63.14% increase in profit. The company's net worth Soared by an impressive increase of 27.44%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

47.53%

*******

Revenue from Operations

*******

47.20%

*******

Total Assets

*******

32.12%

*******

Profit or Loss

*******

63.14%

*******

Net Worth

*******

27.44%

*******

EBITDA

*******

69.52%

*******

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What is the Ownership and Shareholding Structure of Man Industries (India)?

In 2024, Man Industries (India) had a promoter holding of 46.15% and a public holding of 53.85%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹34,819,200,000.00

Satisfied Charges

₹54,479,911,723.00

Charges Breakdown by Lending Institutions

Idbi Trusteeship Services Limited : 3109.00 Cr
Others : 370.00 Cr
Axis Bank Limited : 2.92 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 May 2025	Others	₹150.00 Cr	Open
16 Dec 2024	Idbi Trusteeship Services Limited	₹880.00 Cr	Open
29 Oct 2024	Others	₹220.00 Cr	Open
14 Mar 2024	Axis Bank Limited	₹2.92 Cr	Open
05 Jul 2021	Idbi Trusteeship Services Limited	₹165.00 Cr	Open

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How Many Employees Work at Man Industries (India)?

Man Industries (India) has a workforce of 86 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Man Industries (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Man Industries (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Man Industries (India)

Recent Activity within the Organization

Director Appointment

Progress on Esha Padmanabhan Achan was appointed as a Additional Director was appointed as a Additional Director on 13 Nov 2025 & has been associated with this company since 3 months 8 days . was documented.
13 Nov 2025
Annual General Meeting

Progress on Man Industries (India) Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.
26 Sep 2025
Charges

A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101113034 was registered on 28 May 2025. was recorded as a recent event.
28 May 2025
Charges

The activity A charge with Idbi Trusteeship Services Limited of Rs. 880.00 Cr registered on 16 Dec 2024 with Charge ID 101016739 was modified on 31 Mar 2025. was completed.
31 Mar 2025
Balance Sheet

Man Industries (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge registered on 28 Jan 2021 via Charge ID 100432130 with Hdfc Bank Limited was fully satisfied on 05 Feb 2025. was documented.
05 Feb 2025

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