- Category
- Micro (2020-21)
- Udyam number
- UDYAM-MH-33-0004369

Manas Innovations Private Limited
About Manas Innovations Private Limited
Data last updated:
Manas Innovations Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2008PTC186584. Its GSTIN is 27AAFCM7830G1ZD (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Manas Retail Private Limited. It is led by directors including Binita Vinod Mandavia and Vinod Kantilal Mandavia.
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 B Tower 202 Raunak Park Pokhran Road No2, Thane, Maharashtra, India – 400610.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.32 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net loss of ₹1.22 Lakh (net margin -9.9%) and EBITDA of ₹95,643 (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 42% over five years.
Manas Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0004369). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Manas Innovations
Contact details
Manas Innovations Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB Tower 202 Raunak Park Pokhran Road No2, Thane, Maharashtra, India – 400610
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Manas Innovations Private 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
Business activity
The main business activity of Manas Innovations is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Manas Innovations Private Limited, buy the company report.
Financials of Manas Innovations Private Limited
FY 2025 filings availableManas Innovations Private Limited reported revenue of ₹12.32 Lakh (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 42% fall in the latest year. EBITDA fell 48% 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 | ₹95,643 | ||||
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| Net Profit (PAT) | -₹1.22 Lakh | ||||
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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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| EBITDA Margin | 7.8% | ||||
| Net Profit Margin | -9.9% | ||||
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To see the full financial statements and ratios of Manas Innovations Private Limited, buy the company report.
Board of directors of Manas Innovations Private Limited
Manas Innovations has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Binita Vinod Mandavia | Director | 19 Feb 2016 | 10 Years 8 Months | Current |
| Vinod Kantilal Mandavia Also directs: Sema Fibre to Finish Global LLP, Global Landmark Private Limited, VKM Merchants Private Limited and 1 more | Director | 09 Sep 2008 | 18 Years 1 Months | Current |
| Milind Dhananjay Sapre | Director | 09 Sep 2008 | 18 Years 1 Months | Current |
| Revati Milind Sapre | Director | 09 Sep 2008 | 18 Years 1 Months | Current |
Auditor
Manas Innovations Private Limited is audited by JAIN SHARAT CHAND & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN SHARAT CHAND & CO | FY 2018 | 103975W |
Shareholding
The shareholding of Manas Innovations Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Manas Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Manas Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Manas Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manas Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM7830G1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manas Innovations Private Limited, buy the company report.
Recent activity
Manas Innovations Private Limited has 6 board changes on record since 2008: 4 appointments and 2 cessations. The latest: Binita Vinod Mandavia ceased to be Additional Director on 30 Sep 2016.
Frequently asked questions
Manas Innovations is an active private limited company based in Thane, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 September 2008 (18+ years old) and is registered under CIN U52100MH2008PTC186584.
Manas Innovations has 4 current directors:
- Binita Vinod Mandavia - Director
- Vinod Kantilal Mandavia - Director
- Milind Dhananjay Sapre - Director
- Revati Milind Sapre - Director
The latest financial statements of Manas Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Manas Innovations is 27AAFCM7830G1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Manas Innovations is U52100MH2008PTC186584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manas Innovations was incorporated on 09 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Binita Vinod Mandavia ceased to be Additional Director on 30 Sep 2016. Binita Vinod Mandavia was appointed as Director on 19 Feb 2016. Heena Nitin Sheth ceased to be Director on 18 Feb 2016. Manas Innovations has 6 board changes on record in total.
Yes, Manas Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0004369).
The registered office of Manas Innovations is at B Tower 202 Raunak Park Pokhran Road No2, Thane, Maharashtra, India – 400610.
Manas Innovations operates in the home and lifestyle industry, in the textile retail and distribution segment.