About Mani Square Limited
Data last updated:
Mani Square Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the mall and retail management segment of the business services sector. It was incorporated on 30 October 1959 and has been in existence for over 67 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U55101WB1959PLC024427. Its GSTIN is 19AABCR3668M2ZR (West Bengal). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹42.68 Cr and a paid-up capital of ₹81.55 Lakh. It was formerly known as Mani Square Private Limited and Raj Kumar & Co. Private Limited. It is led by directors including Srikant Jhunjhunwala and Devendra Kumar Jhunjhunwala.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 164/1 Maniktala Main Road, Kolkata, West Bengal, India – 700054.
As per the financials filed for FY 2024, the company reported a revenue of ₹477.89 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹23.27 Cr (net margin -4.9%) and EBITDA of ₹147.19 Cr (EBITDA margin 30.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 100 employees on its provident fund (EPFO) records. Its group structure includes 8 subsidiaries and 1 joint venture.
As per MCA filings, the company has open charges of ₹1,752.37 Cr and satisfied charges of ₹17,465 Cr on record. Court records list 884 cases involving the company, including 315 filed by the company and 569 filed against it; 167 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹104.84 Cr; the latest was in September 2019. Its 4 peer companies in the Real Estate industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is Paliwal Real Estate Limited with revenue of ₹483.22 Cr. The company has 8 MSME Form 1 returns on record between 2017 and 2019, listing 96 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mani-group.com.
Name History
Mani Square has undergone 2 name changes throughout its history. The company was previously known as Mani Square Private Limited, and Raj Kumar & Co. Private Limited. The current legal name is Mani Square Limited.
| Company Name | Status |
|---|---|
| Mani Square Limited | Current |
| Mani Square Private Limited | Previous |
| Raj Kumar & Co. Private Limited | Previous |
CIN History
Mani Square has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U55101WB1959PLC024427, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55101WB1959PLC024427 | Current |
| U70101WB1959PLC024427 | Previous |
| U99999WB1959PLC024427 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address164/1 Maniktala Main Road, Kolkata, West Bengal, India – 700054
- IndustryBusiness Services, Mall & Retail Management
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Mani Square is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Mani Square Limited
FY 2024 filings availableMani Square Limited reported revenue of ₹477.89 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 15% 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| 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 | ₹147.19 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹23.27 Cr | |
| 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 2023-24 | FY 2019-20 to FY 2022-23in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 30.8% | |
| Net Profit Margin | -4.9% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2019-20 to FY 2022-23, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mani Square are in the company report.
: available in the company report
Board of Directors of Mani Square Limited
Mani Square has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srikant Jhunjhunwala Also directs: Mani's Ranisati Finvest Limited, Mani Corporate Center LLP, Ratnabali Residency LLP and 5 more | Director | 22 Sep 2010 | 16 Years 1 Months | Current |
| Devendra Kumar Jhunjhunwala Also directs: J J Recyclers LLP, Mani's Ranisati Finvest Limited, Narayani Fabricators and Engineer Private Limited and 1 more | Director | 10 Jun 2019 | 7 Years 4 Months | Current |
| Sanjay Jhunjhunwala Also directs: Mani Corporate Center LLP, Ratnabali Residency LLP, Rapid Housing Solutions LLP and 5 more | Director | 01 Oct 2014 | 12 Years 0 Months | Current |
| Sanskriti Jhunjhunwala Also directs: Mani Corporate Center LLP, Mani Tirumala Projects Private Limited, Mani's Development Management LLP and 2 more | Director | 21 Mar 2016 | 10 Years 7 Months | Current |
| Vijay Kumar Mohta Also directs: Fabworth Promoters Private Limited | Additional Director | 20 Feb 2025 | 1 Years 8 Months | Current |
Peer Comparison
Mani Square Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paliwal Real Estate Limited | ₹483.22 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Tulip Infratech Private Limited | ₹482.71 Cr (FY 2025) | •••• | •••• | 68.0% | •••• | New Delhi, Delhi, India |
| Mani Square Limited this company | ₹477.89 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Galina Consultancy Services Private Limited | ₹473.51 Cr (FY 2025) | •••• | •••• | 152.0% | •••• | Mumbai, Maharashtra, India |
| CSJ Infrastructure Private Limited. | ₹472.24 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chandigarh, India |
Peers are the companies nearest to Mani Square by revenue, above and below it, in the Real Estate industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Mani Square Limited is audited by J K K & Company LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J K K & Company LLP | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jun 2024 | Others | ₹15 Cr | Open |
| 24 Aug 2023 | Others | ₹140.94 Cr | Open |
| 26 May 2023 | Others | ₹16 Cr | Open |
| 26 May 2023 | Others | ₹48 Cr | Open |
| 22 Sep 2022 | Others | ₹25 Cr | Open |
Total charge records: 271 View all charges
Deals & Funding
Mani Square Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹104.84 Cr; the latest was in September 2019.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: Chandi Prasad Jhunjhunwala HUF, MSL Benefit Trust, 2 individuals Seller: Tollygunge Estates Pvt. Ltd. , Others Mani Square Limited |
| Apr 2017 | Funding round | ₹19.98 Cr | Investors: Tollygunge Estates Pvt. Ltd. |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Burlington Vyapaar Pvt. Ltd. , Gulmohar Trexim Pvt Ltd |
| Jan 2009 | Funding round | ₹84.86 Cr | Investors: Others Mani Square Limited, Snehdeep Vincom Pvt.Ltd. , Bobson Barter Pvt Ltd |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Mani Square Limited has 884 court cases on record: 315 filed by Mani Square, 569 filed against it. 167 cases are pending and 717 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 732 | 484 | 140 |
| High courts | 131 | 68 | 23 |
| Supreme Court | 16 | 12 | 3 |
| NCLT | 4 | 4 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 884)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sonepat, Haryana | Cheque dishonour complaint | Filed against the company by Khatri Consumables Pvt Ltd Through Satbir Singh | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Idfc First Bank Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Fairassets Technologies India Pvt Ltd | Pending |
| District court, Jalandhar, Punjab | Cheque dishonour complaint | Filed against the company by Shriram Finance Limited | Pending |
| District court, HASSAN, Karnataka | Court case (Com.EX.) | Filed against the company by M/S. Shriram Finance Ltd., Rep. by Gpa Holder Keshavamurthy S.L. | Pending |
: available in 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
Mani Square Limited has 8 MSME Form 1 returns on record between 2017 and 2019, listing 96 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Algodex Systems Private Limited | •••• | •••• | •••• |
| Shree Saishraddha Cements Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance
Mani Square Limited has a workforce of 100 employees as of Sep 23, 2025.
: available in the company report
Group Structure
Mani Square has 8 subsidiary companies, 1 joint venture, and 7 associated companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mani Tirumala Projects Private Limited | U45400WB2008PTC124788 | Locked |
| Baglas Traders Pvt Ltd | U51103WB1991PTC051281 | Locked |
| Vishrut Housing Private Limited | U70101WB1998PTC087018 | Locked |
| Maniam Properties Pvt Ltd | U70101WB2006PTC107867 | Locked |
| Manivihar Builders Pvt Ltd | U70101WB2006PTC108484 | Locked |
| Malayalya Constructions Private Limited | U70109WB1986PTC041542 | Locked |
Showing major subsidiaries. Total: 8.
Recent Activity
Mani Square Limited has 20 board changes on record since 2010: 6 appointments and 14 cessations. The latest: Vijay Kumar Mohta was appointed as Additional Director on 20 Feb 2025.
607 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Mani Square has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCR3668M2ZR | West Bengal | Active | 09 Nov 2021 |
| 19AABCR3668M3ZQ | West Bengal | Active | 20 Apr 2023 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Mani Square is an active public limited company based in Kolkata, West Bengal, India. The company works in mall and retail management, within the business services industry. It was incorporated on 30 October 1959 (67+ years old) and is registered under CIN U55101WB1959PLC024427.
Mani Square has 5 current directors:
- Srikant Jhunjhunwala - Director
- Devendra Kumar Jhunjhunwala - Director
- Sanjay Jhunjhunwala - Director
- Sanskriti Jhunjhunwala - Director
- Vijay Kumar Mohta - Additional Director
The latest financial statements of Mani Square on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mani Square is 19AABCR3668M2ZR, registered in West Bengal. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 19AABCR3668M3ZQ (West Bengal).
The CIN (Corporate Identification Number) of Mani Square is U55101WB1959PLC024427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mani Square has 884 court cases on record: 315 filed by the company and 569 filed against it. 167 are pending. Most are in the district courts.
Mani Square was incorporated on 30 October 1959, making it 67+ years old. It is registered with the Registrar of Companies, Kolkata.
Mani Square has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹104.84 Cr; the latest was in September 2019.
The peers of Mani Square by revenue are Paliwal Real Estate Limited, Tulip Infratech Private Limited, Galina Consultancy Services Private Limited, CSJ Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers, Mall Management), with the same principal business activity (real estate activities with own or leased property).
Vijay Kumar Mohta was appointed as Additional Director on 20 Feb 2025. Devendra Kumar Jhunjhunwala ceased to be Additional Director on 30 Sep 2019. Paras Mal Rakhecha ceased to be Additional Director on 26 Aug 2019. Mani Square has 20 board changes on record in total.
Mani Square has 8 MSME Form 1 returns on record between 2017 and 2019, listing 96 overdue payments to 14 micro and small suppliers. The latest return was filed on 29 Oct 2019.
Mani Square can be reached through the website mani-group.com. Its registered office is in Kolkata, West Bengal, India.