About Manikaran Power Systems Limited
Data last updated:
Manikaran Power Systems Limited was a public limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 July 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U40109WB2010PLC151149. Its GSTIN is 19AAGCM6437L1ZX (West Bengal). The company held 4 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.49 Cr. It was formerly known as Manikaran Power Trading Limited. It was led by directors including Sumit Singh Kalsi and Amrita Kalsi.
Its last annual general meeting (AGM) was held on 20 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 3/A 'Aastha' 460 Off E.M. Byepass, Kolkata, West Bengal, India – 700107.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.9 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹7.19 Lakh (net margin 19%) and EBITDA of ₹6.41 Lakh (EBITDA margin 16.9%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 16% over five years.
Its group structure included 1 subsidiary.
As per MCA filings, the company had open charges of ₹125 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The last known website on record is mpsl.in.
Company details
Contact details
Manikaran Power Systems Limited's registered office is in Kolkata, West Bengal. Its website is mpsl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3/A 'Aastha' 460 Off E.M. Byepass, Kolkata, West Bengal, India – 700107
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Manikaran Power Systems 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 Manikaran Power Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Manikaran Power Systems Limited, buy the company report.
Financials of Manikaran Power Systems Limited
FY 2024 filings availableManikaran Power Systems Limited reported revenue of ₹37.9 Lakh (down 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 94% fall in the latest year. EBITDA fell 93% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.41 Lakh | ||||
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| Net Profit (PAT) | ₹7.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 16.9% | ||||
| Net Profit Margin | 19% | ||||
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To see the full financial statements and ratios of Manikaran Power Systems Limited, buy the company report.
Board of directors of Manikaran Power Systems Limited
Manikaran Power Systems has 8 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Singh Kalsi Also directs: Manikaran Urban Spaces LLP, Manikaran Renewables Limited, Hotel & Restaurant Association of Eastern India and 5 more | Director | 09 Jul 2010 | 16 Years 3 Months | As last reported |
| Amrita Kalsi Also directs: Manikaran Power Limited. | Director | 09 Jul 2010 | 16 Years 3 Months | As last reported |
| Jagjyot Kaur Also directs: Manikaran Power Limited. | Director | 09 Jul 2010 | 16 Years 3 Months | As last reported |
| Komal Kalsi Also directs: 50 Hertz Limited | Director | 09 Jul 2010 | 16 Years 3 Months | As last reported |
| Pravin Lee Abraham Also directs: Manikaran Renewables Limited, Manikaran Analytics Limited, Manikaran Power Limited. and 3 more | Director | 28 Jun 2012 | 14 Years 3 Months | As last reported |
| Amresh Khosla | Director | 08 Jan 2013 | 13 Years 9 Months | As last reported |
Auditor
Manikaran Power Systems Limited is audited by BOTHRA NIRMAL ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BOTHRA NIRMAL ASSOCIATES | FY 2023 | 322103E |
Shareholding
The shareholding of Manikaran Power Systems Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manikaran Power Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2023 | 100743809 | Others | ₹45 Cr | Open | |
| 26 May 2018 | 100191431 | Others | ₹80 Cr | Open |
To see the full charge records of Manikaran Power Systems Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Manikaran Power Systems Limited has 2 court cases on record: 2 filed by Manikaran Power Systems. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Manikaran Power Systems 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 Manikaran Power Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Manikaran Power Systems has 1 subsidiary company and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Manikaran Renewables Limited | U40300WB2016PLC209092 |
To see the full group structure of Manikaran Power Systems Limited, buy the company report.
GST
Manikaran Power Systems has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAGCM6437L1ZX | West Bengal | Active | 01 Jul 2017 |
| 07AAGCM6437L1Z2 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manikaran Power Systems Limited, buy the company report.
Recent activity
Manikaran Power Systems Limited has 13 board changes on record since 2010: 8 appointments and 5 cessations. The latest: Amit Ailawadi ceased to be Director on 30 Sep 2017.
7 earlier events are in the company report.
Frequently asked questions
Manikaran Power Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Manikaran Power Systems was a public limited company based in Kolkata, West Bengal, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 July 2010 and is registered under CIN U40109WB2010PLC151149. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Manikaran Power Systems was incorporated on 09 July 2010. It is registered with the Registrar of Companies, Kolkata.
Manikaran Power Systems had 8 directors:
- Sumit Singh Kalsi - Director
- Amrita Kalsi - Director
- Jagjyot Kaur - Director
- Komal Kalsi - Director
- Pravin Lee Abraham - Director
- Amresh Khosla - Director
- Jasmeet Singh Kalsi - Director
- Navjeet Singh Kalsi - Director
The CIN (Corporate Identification Number) of Manikaran Power Systems is U40109WB2010PLC151149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Manikaran Power Systems is at 3A Aastha 460 Off E.M. Byepass, Kolkata, West Bengal, India – 700107.
Manikaran Power Systems can be reached through the website mpsl.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Manikaran Power Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 20 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Manikaran Power Systems is 19AAGCM6437L1ZX, registered in West Bengal. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAGCM6437L1Z2 (Delhi).
Manikaran Power Systems operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.