About Manak Waste Management Private Limited
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Manak Waste Management Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 19 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U46524DL2009PTC190441. Its GSTIN is 07AAGCM0328J2ZJ (Delhi). The company holds 27 GST registrations, of which 23 are active.
The company has an authorised share capital of ₹1.48 Cr and a paid-up capital of ₹90.57 Lakh. It is led by directors including Nakul Kumar (Whole-Time Director) and Amit Sethi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 55 2nd Floor Lane – 2, Westend Marg Saidullajab, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,122.36 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹10.56 Cr (net margin -0.9%) and EBITDA of ₹1.98 Cr (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 26% over five years.
The company has about 1,264 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Kivumark and Cashify. As per MCA filings, the company has open charges of ₹84 Cr and satisfied charges of ₹90.7 Cr on record. Court records list 15 cases involving the company, including 8 filed by the company and 7 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cashify.in.
Company details
CIN history
Manak Waste Management has one previous CIN (Corporate Identification Number): U27205DL2009PTC190441. The current CIN is U46524DL2009PTC190441, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46524DL2009PTC190441 | Current |
| U27205DL2009PTC190441 | Previous |
Contact details
Manak Waste Management Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Apps
- Registered Address55 2nd Floor Lane – 2, Westend Marg Saidullajab, New Delhi, Delhi, India – 110030
- 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
Brands
Manak Waste Management operates two associated brands: KIVUMARK and Cashify. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online marketplace for trading used phones, laptops, and gadgets efficiently. | kivumark.com | |
| Refurbished and new gadgets are offered through an online marketplace. | cashify.in |
Business activity
The main business activities of Manak Waste Management are trade and information and communication. In detail, this covers wholesale trading and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Manak Waste Management Private Limited, buy the company report.
Financials of Manak Waste Management Private Limited
FY 2025 filings availableManak Waste Management Private Limited reported revenue of ₹1,122.36 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 18% growth in the latest year. EBITDA rose 105% 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 | ₹1.98 Cr | ||||
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| Net Profit (PAT) | -₹10.56 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | -0.9% | ||||
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To see the full financial statements and ratios of Manak Waste Management Private Limited, buy the company report.
Board of directors of Manak Waste Management Private Limited
Manak Waste Management has 9 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anant Vidur Puri Also directs: Cashify Limited, Beyoutiful Consumer Ventures Private Limited, All Home Bharat Platform Private Limited and 4 more | Nominee Director | 23 Aug 2018 | 8 Years 2 Months | Current |
| Mamtesh Sugla Also directs: Newquest Advisors (India) LLP, Krazybee Services Limited, Finnovation Tech Solutions Private Limited and 1 more | Nominee Director | 18 Aug 2022 | 4 Years 2 Months | Current |
| Soumya Chauhan Also directs: Cashify Limited | Nominee Director | 18 Oct 2023 | 3 Years 0 Months | Current |
| Chunsoo Kim Also directs: Cashify Limited, Instant Procurement Services Private Limited | Nominee Director | 27 Sep 2022 | 4 Years 1 Months | Current |
| Nakul Kumar Also directs: Cashify Limited, Refurbind Tech Private Limited | Whole-Time Director | 19 May 2009 | 17 Years 5 Months | Current |
| Sumit Kumar | Nominee Director | 18 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Manak Waste Management Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Premier Merchants Pvt Ltd | ₹1,208.33 Cr (FY 2025) | 48.0% | Kolkata, West Bengal, India | |||
| Green Fortune Communications Private Limited | ₹1,195.67 Cr (FY 2025) | 24.0% | Jaipur, Rajasthan, India | |||
| Ardas Tele Ventures Private Limited | ₹1,137.73 Cr (FY 2025) | 33.0% | Ajmer, Rajasthan, India | |||
| Manak Waste Management Private Limitedthis company | ₹1,122.36 Cr (FY 2025) | -₹10.56 Cr | -0.9% | 18.0% | New Delhi, Delhi, India | |
| Millennium Semiconductors India Private Limited | ₹1,117.48 Cr (FY 2025) | 56.0% | Pune, Maharashtra, India | |||
| Jaina India Private Limited | ₹1,114.13 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Bigc Mobiles Private Limited | ₹1,104.71 Cr (FY 2024) | 16.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Manak Waste Management Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2025 | 101160330 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Cr | Open | |
| 24 Jan 2025 | 101039709 | Hdfc Bank Limited | ₹20 Cr | Open | |
| 29 Sep 2022 | 100620384 | Axis Bank Limited | ₹25 Cr | Open | |
| 06 Oct 2021 | 100488780 | Others | ₹29 Cr | Open | |
| 01 Jun 2023 | 100732085 | Yes Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Manak Waste Management Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Manak Waste Management Private Limited has 15 court cases on record: 8 filed by Manak Waste Management, 7 filed against it. 9 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 6 | 7 |
| High courts | 3 | 1 | 2 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Civil suit | Filed against the company by Quampetence Business Solutions Pvt Ltd Through Its Authorised Representative | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| High Court of Jharkhand | Writ petition | Filed by the company against The State of Jharkhand, Through the Commissioner of State Taxes, | Pending |
| District court, Gurugram, Haryana | Court case (SUMM) | Filed against the company by State of Haryana | Pending |
| High Court, HARYANA | Criminal miscellaneous application | Filed by the company against State of Haryana and Another and 1 other | Pending |
To see the full case history of Manak Waste Management 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
Manak Waste Management Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 8 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Click 4 Marketing India Private Limited | |||
| Wynaut Webventures Private Limited | |||
| PBSS Private Limited |
To see the full MSME payment records of Manak Waste Management Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Manak Waste Management has 27 GST registrations: 23 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCM0328J2ZJ | Delhi | Active | 01 Jul 2017 |
| 06AAGCM0328J3ZK | Haryana | Active | 30 Jun 2017 |
| 29AAGCM0328J1ZE | Karnataka | Active | 01 Jul 2017 |
| 33AAGCM0328J1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manak Waste Management Private Limited, buy the company report.
Recent activity
Manak Waste Management Private Limited has 21 board changes on record since 2009: 9 appointments and 12 cessations. The latest: Vikram Gawande was appointed as Nominee Director on 02 Apr 2024.
37 earlier events are in the company report.
News
Frequently asked questions
Manak Waste Management is an active private limited company based in New Delhi, Delhi, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 19 May 2009 (17+ years old) and is registered under CIN U46524DL2009PTC190441.
Manak Waste Management has 9 current directors:
- Nakul Kumar - Whole-Time Director
- Amit Sethi - Whole-Time Director
- Mandeep Manocha - Whole-Time Director
- Anant Vidur Puri - Nominee Director
- Mamtesh Sugla - Nominee Director
- Soumya Chauhan - Nominee Director
- Chunsoo Kim - Nominee Director
- Sumit Kumar - Nominee Director
- Vikram Gawande - Nominee Director
The latest financial statements of Manak Waste Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Manak Waste Management is 07AAGCM0328J2ZJ, registered in Delhi. The company has 27 GST registrations in all, of which 23 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAGCM0328J3ZK (Haryana), 29AAGCM0328J1ZE (Karnataka), 33AAGCM0328J1ZP (Tamil Nadu).
The CIN (Corporate Identification Number) of Manak Waste Management is U46524DL2009PTC190441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manak Waste Management has 15 court cases on record: 8 filed by the company and 7 filed against it. 9 are pending. Most are in the district courts.
Manak Waste Management was incorporated on 19 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Manak Waste Management by revenue are Premier Merchants Pvt Ltd, Green Fortune Communications Private Limited, Ardas Tele Ventures Private Limited, Millennium Semiconductors India Private Limited, Jaina India Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Vikram Gawande was appointed as Nominee Director on 02 Apr 2024. Arpit Agarwal ceased to be Nominee Director on 13 Mar 2024. Soumya Chauhan was appointed as Nominee Director on 18 Oct 2023. Manak Waste Management has 21 board changes on record in total.
Manak Waste Management has 6 MSME Form 1 returns on record between 2019 and 2022, listing 8 overdue payments to 7 micro and small suppliers. The latest return was filed on 28 Apr 2022.
Manak Waste Management can be reached through the website cashify.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Manak Waste Management is at 55 2nd Floor Lane – 2, Westend Marg Saidullajab, New Delhi, Delhi, India – 110030.
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