
About Manipal Holdings Private Limited
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Manipal Holdings Private Limited is a private limited company based in Udupi, Karnataka, India. It operates in the financial holding companies segment of the financial services sector. It was incorporated on 21 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U65993KA1994PTC015958.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1.14 Lakh. It is led by directors Jyothi Ashish Pradhan and Jaya Sudhakar Pai.
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 1st Floor Manipal Centre Chittaranjan Circle, Udupi, Karnataka, India – 576101.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.97 Lakh, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹94.93 Lakh (net margin -107.9%) and EBITDA of ₹87.09 Lakh (EBITDA margin 99%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 93% over five years.
The company is associated with 1 brand: Manipal Group. Court records list 38 cases involving the company, including 9 filed by the company and 29 filed against it; 2 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 manipal.com.
Company details
Contact details
Manipal Holdings Private Limited's registered office is in Udupi, Karnataka. Its website is manipal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Manipal Centre Chittaranjan Circle, Udupi, Karnataka, India – 576101
- IndustryFinancial Services, Financial Holding Companies
To see the full contact details of Manipal Holdings 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
Brands
Manipal Holdings operates one associated brand: Manipal Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations are conducted across multiple industries by Manipal Group. | manipal.com |
Financials of Manipal Holdings Private Limited
FY 2024 filings availableManipal Holdings Private Limited reported revenue of ₹87.97 Lakh (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 93%. EBITDA fell 92% 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 | ₹87.09 Lakh | ||||
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| Net Profit (PAT) | -₹94.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99% | ||||
| Net Profit Margin | -107.9% | ||||
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To see the full financial statements and ratios of Manipal Holdings Private Limited, buy the company report.
Board of directors of Manipal Holdings Private Limited
Manipal Holdings has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyothi Ashish Pradhan Also directs: Manipal Travels (India ) LLP, Nav Yuj Private Limited, Kanara Consulting and Service Management Private Limited and 3 more | Director | 14 Dec 2015 | 10 Years 10 Months | Current |
| Jaya Sudhakar Pai Also directs: Manipal Travels (India ) LLP, Nav Yuj Private Limited, Kanara Consulting and Service Management Private Limited and 4 more | Director | 31 Jul 2001 | 25 Years 3 Months | Current |
Peer comparison
Manipal Holdings Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Holding Company), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Redoq Group Holding Private Limited | ₹92.57 Lakh (FY 2025) | 2421.0% | Kolkata, West Bengal, India | |||
| Fidelity Shares and Securities Private Limited | ₹91.45 Lakh (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Royal Indian Holdings Limited | ₹90.63 Lakh (FY 2024) | -47.0% | Ernakulam, Kerala, India | |||
| Capstar Finance Private Limited | ₹90.45 Lakh (FY 2025) | 210.0% | Mumbai, Maharashtra, India | |||
| Better Value Brands Private Limited | ₹88.09 Lakh (FY 2018) | 4.0% | Thane, Maharashtra, India | |||
| Manipal Holdings Private Limitedthis company | ₹87.97 Lakh (FY 2025) | -₹94.93 Lakh | -107.9% | -92.0% | Udupi, Karnataka, India | |
| Capnine Funds Management Private Limited | ₹87.36 Lakh (FY 2025) | 38.0% | Vasai, Maharashtra, India | |||
| JKM Holdings Private Limited | ₹85.43 Lakh (FY 2025) | -40.0% | Mumbai, Maharashtra, India | |||
| Paramita Investments & Trading Company Private Limited | ₹84.7 Lakh (FY 2016) | -32.0% | Bhubaneswar, Odisha, India | |||
| Jai Spring Industries and Investments Pvt Ltd | ₹83.19 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Enerzi Innotek Solutions Private Limited | ₹83.03 Lakh (FY 2024) | -84.0% | Belgaum, Karnataka, India |
To see the full peer comparison of Manipal Holdings Private Limited, buy the company report.
Auditor
Manipal Holdings Private Limited is audited by MUDDANNA U for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUDDANNA U | FY 2024 | 200296 |
Shareholding
The shareholding of Manipal Holdings Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Manipal Holdings Private Limited, buy the company report.
Legal cases
Manipal Holdings Private Limited has 38 court cases on record: 9 filed by Manipal Holdings, 29 filed against it. 2 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 33 | 27 | 0 |
| NCLAT | 3 | 0 | 2 |
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed by the company against Canara Land Investments Limited and 4 others | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against Canara Land Investments Limited and 4 others | Pending |
| NCLAT, Court I | Tribunal matter | Filed by the company against Canara Land Investments Ltd and 4 others | Disposed |
| High Court | Court case ((T)OP(TM)) | Filed by the company against Manipal Global Education Services Pvt. Ltd and 1 other | Disposed |
| High Court | Court case ((T)OP(TM)) | Filed by the company against Memg International India Private Limited and 1 other | Disposed |
To see the full case history of Manipal Holdings 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 Manipal Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Manipal Holdings has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Manipal Holdings Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Manipal Holdings Private Limited has 7 board changes on record since 2001: 2 appointments and 5 cessations. The latest: Tonse Sudhakar Pai ceased to be Director on 02 Sep 2024.
News
Frequently asked questions
Manipal Holdings is an active private limited company based in Udupi, Karnataka, India. The company works in financial holding companies, within the financial services industry. It was incorporated on 21 July 1994 (32+ years old) and is registered under CIN U65993KA1994PTC015958.
Manipal Holdings has 2 current directors:
- Jyothi Ashish Pradhan - Director
- Jaya Sudhakar Pai - Director
The latest financial statements of Manipal Holdings 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 CIN (Corporate Identification Number) of Manipal Holdings is U65993KA1994PTC015958. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manipal Holdings has 38 court cases on record: 9 filed by the company and 29 filed against it. 2 are pending. Most are in the high courts.
Manipal Holdings was incorporated on 21 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Manipal Holdings by revenue are Redoq Group Holding Private Limited, Fidelity Shares and Securities Private Limited, Royal Indian Holdings Limited, Capstar Finance Private Limited, Better Value Brands Private Limited and 5 more, all in the BFSI industry (Holding Company).
Tonse Sudhakar Pai ceased to be Director on 02 Sep 2024. Deepa Sudhakar Pai ceased to be Director on 07 Dec 2020. Harish Pai Kochikar ceased to be Director on 05 Dec 2017. Manipal Holdings has 7 board changes on record in total.
Manipal Holdings can be reached through the website manipal.com. Its registered office is in Udupi, Karnataka, India.
The registered office of Manipal Holdings is at 1st Floor Manipal Centre Chittaranjan Circle, Udupi, Karnataka, India – 576101.
Manipal Holdings operates in the financial services industry, in the financial holding companies segment.

