MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0048084
Manav Gases Private Limited - chemicals and materials in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹33.82 Cr
▲ 20% YoY
Net profit · FY 2025
₹49.33 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹3 Cr
EBITDA margin 8.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹24.16 Cr
Satisfied ₹8.72 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
45
Provident fund records
About Manav Gases Private Limited
Data last updated:
Manav Gases Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial and specialty gases segment of the chemicals and materials sector. It was incorporated on 19 September 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U23200MH1997PTC110778. Its GSTIN is 27AABCM9415D1ZM (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹45 Lakh. It is led by directors including Manish Rajendrakumar Bhargava and Manav Manish Bhargava.
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 Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.82 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹49.33 Lakh (net margin 1.5%) and EBITDA of ₹3 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 50% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Manav Gases Pvt Ltd. As per MCA filings, the company has open charges of ₹24.16 Cr and satisfied charges of ₹8.72 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Manav Gases Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0048084). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manavgases.net.
Company details
CIN U23200MH1997PTC110778
Registration Number 110778
Incorporation Date 19 September 1997
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0048084
Key People
Manish Rajendrakumar Bhargava Director Manav Manish Bhargava Director Neelam Manish Bhargava Director Recognitions & Rankings of Manav Gases
Contact details
Manav Gases Private Limited's registered office is in Pune, Maharashtra. Its website is manavgases.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No 5 2nd Floor Uttam Towers Shastri Nagar Opp.Agakhan Palace Cts No2162/A/2 Nagar, Rd Yerwada, Pune, Maharashtra, India – 411006
- IndustryChemicals and Materials, Industrial & Specialty Gases
To see the full contact details of Manav Gases Private Limited, buy the company report.
Comprehensive company report
Manav Gases Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Manav Gases operates one associated brand: Manav Gases Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of industrial gases and related services in India. | manavgases.net |
Business activity
The main business activity of Manav Gases is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Manav Gases Private Limited, buy the company report.
Financials of Manav Gases Private Limited
FY 2024 filings availableManav Gases Private Limited reported revenue of ₹33.82 Cr (up 20% YoY) for FY 2025.
Revenue · FY 2025
₹33.82 Cr ▲ 20%
Net profit · FY 2025
₹49.33 Lakh margin 1.5%
EBITDA · FY 2025
₹3 Cr margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 36%
5 years · compounded
▲ 50%
EBITDA CAGR growth
3 years · compounded
▲ 63%
5 years · compounded
▲ 93%
Revenue has grown at a compounded annual rate (CAGR) of 50% over five years, including 20% growth 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.33 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Manav Gases Private Limited, buy the company report.
Board of directors of Manav Gases Private Limited
Manav Gases has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Rajendrakumar Bhargava Also directs: Dry Ice Invotech (Hyd) LLP, Vier Air Gases India LLP, Smartway Energy Networking Private Limited and 2 more | Director | 19 Sep 1997 | 29 Years 1 Months | Current |
| Manav Manish Bhargava Also directs: Dry Ice Invotech (Hyd) LLP, Vier Air Gases India LLP, Smartway Energy Networking Private Limited and 4 more | Director | 27 Feb 2025 | 1 Years 8 Months | Current |
| Neelam Manish Bhargava Also directs: Manav Cryogenic Gases Private Limited | Director | 19 Sep 1997 | 29 Years 1 Months | Current |
Peer comparison
Manav Gases Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Air Gas Electronic Materials India Private Limited | ₹35.85 Cr (FY 2024) | 70.0% | Mumbai, Maharashtra, India | |||
| Sandesh Gases Private Limited | ₹35.49 Cr (FY 2024) | 39.0% | Pune, Maharashtra, India | |||
| Gupta Industrial Gases Private Limited | ₹34.87 Cr (FY 2024) | 21.0% | Hisar, Haryana, India | |||
| Manav Gases Private Limitedthis company | ₹33.82 Cr (FY 2025) | ₹49.33 Lakh | 1.5% | 20.0% | 45 | Pune, Maharashtra, India |
| Prime Gases Private Limited | ₹33.5 Cr (FY 2024) | 5.0% | Bangalore, Karnataka, India | |||
| Seema Oxygen and Acetylene Gases Private Limited | ₹32.22 Cr (FY 2024) | 74.0% | Faridabad, Haryana, India |
To see the full peer comparison of Manav Gases Private Limited, buy the company report.
Auditor
Manav Gases Private Limited is audited by N P S R AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N P S R AND ASSOCIATES | FY 2023 | 105511W |
Shareholding
The shareholding of Manav Gases Private 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 Manav Gases Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.16 Cr
Satisfied charges
₹8.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101201837 | Axis Bank Limited | ₹1.55 Cr | Open | |
| 21 May 2025 | 101115256 | Others | ₹18.14 Lakh | Open | |
| 25 Mar 2025 | 101103952 | Sidbi | ₹7.1 Cr | Open | |
| 05 Mar 2025 | 101057076 | Others | ₹48 Lakh | Open | |
| 17 Jan 2025 | 101040039 | Others | ₹29.64 Lakh | Open |
To see the full charge records of Manav Gases Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Manav Gases Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Manav Gases 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
No delayed payments to MSME suppliers are on our record for Manav Gases Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manav Gases Private Limited has a workforce of 45 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
36.36%
GST
Manav Gases has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM9415D1ZM | Maharashtra | Active | 01 Jul 2017 |
| 37AABCM9415D1ZL | Andhra Pradesh | Active | 09 May 2023 |
To see the full GST registrations and return filing status of Manav Gases Private Limited, buy the company report.
Recent activity
Manav Gases Private Limited has 5 board changes on record since 1997: 3 appointments and 2 cessations. The latest: Manav Manish Bhargava ceased to be Additional Director on 29 Sep 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.55 Cr with Charge ID 101201837 was registered on 28 Nov 2025.
Charges
A charge with Others of Rs. 10.29 Cr registered on 29 Dec 2023 with Charge ID 100857842 was modified on 18 Nov 2025.
Ceased
Manav Manish Bhargava ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 0.18 Cr with Charge ID 101115256 was registered on 21 May 2025.
Charges
A charge with Sidbi amounted to Rs. 7.10 Cr with Charge ID 101103952 was registered on 25 Mar 2025.
Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 101057076 was registered on 05 Mar 2025.
Appointed
Manav Manish Bhargava was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 101040039 was registered on 17 Jan 2025.
Charges
A charge with Others amounted to Rs. 1.36 Cr with Charge ID 101008383 was registered on 16 Nov 2024.
AGM
Manav Gases Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100965905 was registered on 08 Aug 2024.
Filing
Manav Gases Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
29 earlier events are in the company report.
Frequently asked questions
Manav Gases is an active private limited company based in Pune, Maharashtra, India. The company works in industrial and specialty gases, within the chemicals and materials industry. It was incorporated on 19 September 1997 (29+ years old) and is registered under CIN U23200MH1997PTC110778.
Manav Gases has 3 current directors:
- Manish Rajendrakumar Bhargava - Director
- Manav Manish Bhargava - Director
- Neelam Manish Bhargava - Director
The latest financial statements of Manav Gases 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.
The GSTIN of Manav Gases is 27AABCM9415D1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AABCM9415D1ZL (Andhra Pradesh).
The CIN (Corporate Identification Number) of Manav Gases is U23200MH1997PTC110778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manav Gases has 2 court cases on record: 2 filed against it.
Manav Gases was incorporated on 19 September 1997, making it 29+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Manav Gases by revenue are Air Gas Electronic Materials India Private Limited, Sandesh Gases Private Limited, Gupta Industrial Gases Private Limited, Prime Gases Private Limited, Seema Oxygen and Acetylene Gases Private Limited, all in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Manav Manish Bhargava ceased to be Additional Director on 29 Sep 2025. Manav Manish Bhargava was appointed as Director on 27 Feb 2025. Alka Nishith Bhargava ceased to be Director on 20 Aug 2018. Manav Gases has 5 board changes on record in total.
Yes, Manav Gases is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0048084).
Manav Gases can be reached through the website manavgases.net. Its registered office is in Pune, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages