Manish Developments Ltd
About Manish Developments Ltd
Data last updated:
Manish Developments Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the investment and credit NBFC segment of the financial services sector. It was incorporated on 06 September 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U64990WB1980PLC032977.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.84 Cr. It is led by directors including Bachh Raj Bamalwa and Vishal Bamalwa.
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 Flat No 1N Block C 9/1 Lower Rawdon Street, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.84 Lakh, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹11.22 Lakh (net margin 51.4%) and EBITDA of ₹15.88 Lakh (EBITDA margin 72.7%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 1% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Manish Developments has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U64990WB1980PLC032977, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U64990WB1980PLC032977 | Current |
| U65922WB1980PLC032977 | Previous |
| U65922WB1980PTC032977 | Previous |
Contact details
Manish Developments Ltd's registered office is in Kolkata, West Bengal.
- Registered AddressFlat No 1N Block C 9/1 Lower Rawdon Street, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, Investment & Credit NBFC, NBFC
- 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 Manish Developments is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Manish Developments Ltd, buy the company report.
Financials of Manish Developments Ltd
FY 2024 filings availableManish Developments Ltd reported revenue of ₹21.84 Lakh (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 31% 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 | ₹15.88 Lakh | ||||
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| Net Profit (PAT) | ₹11.22 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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| Profitability | |||||
| EBITDA Margin | 72.7% | ||||
| Net Profit Margin | 51.4% | ||||
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To see the full financial statements and ratios of Manish Developments Ltd, buy the company report.
Board of directors of Manish Developments Ltd
Manish Developments has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bachh Raj Bamalwa Also directs: Nemichand Bamalwa & Sons (Jewellers) LLP, Nemichand Bamalwa & Sons (J) Private Limited, Bamalwa Finance Private Limited and 1 more | Director | 05 Jun 2016 | 10 Years 4 Months | Current |
| Vishal Bamalwa Also directs: Nemichand Bamalwa & Sons (Jewellers) LLP, Nemichand Bamalwa & Sons (J) Private Limited, Santieb's Private Limited and 1 more | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
| Rahul Bamalwa | Director | 21 Mar 2017 | 9 Years 7 Months | Current |
Peer comparison
Manish Developments Ltd is compared with the 5 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goodfaith Holdings Pvt Ltd | ₹21.89 Lakh (FY 2025) | 2.0% | Kolkata, West Bengal, India | |||
| Powerflow Holdings P. Ltd. | ₹21.86 Lakh (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Shubham Fin-Lease Private Limited | ₹21.85 Lakh (FY 2025) | -33.0% | Bhilwara, Rajasthan, India | |||
| Manish Developments Ltdthis company | ₹21.84 Lakh (FY 2025) | ₹11.22 Lakh | 51.4% | 27.0% | Kolkata, West Bengal, India | |
| Jaigania Commercials Pvt. Ltd. | ₹21.8 Lakh (FY 2025) | 29.0% | Kolkata, West Bengal, India | |||
| Bhandari & Asopa (India) Pvt Ltd | ₹21.71 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Manish Developments Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Manish Developments Ltd 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 Manish Developments Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Manish Developments Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Manish Developments Ltd has 7 board changes on record since 2012: 3 appointments and 4 cessations. The latest: Matadin Sonthalia ceased to be Director on 05 Jul 2017.
Frequently asked questions
Manish Developments is an active public limited company based in Kolkata, West Bengal, India. The company works in investment and credit nbfc, within the financial services industry. It was incorporated on 06 September 1980 (46+ years old) and is registered under CIN U64990WB1980PLC032977.
Manish Developments has 3 current directors:
- Bachh Raj Bamalwa - Director
- Vishal Bamalwa - Director
- Rahul Bamalwa - Director
The latest financial statements of Manish Developments 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 Manish Developments is U64990WB1980PLC032977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manish Developments was incorporated on 06 September 1980, making it 46+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Manish Developments by revenue are Goodfaith Holdings Pvt Ltd, Powerflow Holdings P. Ltd, Shubham Fin-Lease Private Limited, Jaigania Commercials Pvt. Ltd, Bhandari & Asopa (India) Pvt Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Matadin Sonthalia ceased to be Director on 05 Jul 2017. Mira Devi Sonthalia ceased to be Director on 21 Mar 2017. Rahul Bamalwa was appointed as Director on 21 Mar 2017. Manish Developments has 7 board changes on record in total.
The registered office of Manish Developments is at Flat No 1N Block C 91 Lower Rawdon Street, Kolkata, West Bengal, India – 700020.
Manish Developments operates in the financial services industry, in the investment and credit nbfc segment.
The compliance status of Manish Developments is compliant as of 11 September 2026. The company is actively filing with the Registrar of Companies.
Manish Developments can be reached at its registered office: Flat No 1N Block C 91 Lower Rawdon Street, Kolkata, West Bengal, India – 700020.