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Manjushree Spntek Private Limited - healthcare in Ramanagara, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹93.23 Cr
▲ 83% YoY
Net loss · FY 2025
₹56.6 Cr
Net margin -60.7%
EBITDA · FY 2025
-₹15.06 Cr
EBITDA margin -16.2%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹20.96 Cr
Issued & subscribed
Open charges
₹260.54 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
116
Provident fund records
About Manjushree Spntek Private Limited
Data last updated:
Manjushree Spntek Private Limited is a private limited company based in Ramanagara, Karnataka, India, recognised as a startup by DPIIT. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 06 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2020PTC136935. Its GSTIN is 29AANCM6884A1Z1 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹20.96 Cr. It was formerly known as Manjushree Spuntech Private Limited. It is led by directors including Niddhi Kedia and Vimal Kedia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ramanagara, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹93.23 Cr, a growth of 83% compared to the previous year. For the same year it recorded a net loss of ₹56.6 Cr (net margin -60.7%) and EBITDA of -₹15.06 Cr (EBITDA margin -16.2%).
The company has about 116 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ManjushreeSpntek. As per MCA filings, the company has open charges of ₹260.54 Cr on record. Court records list 16 cases involving the company, including 8 filed by the company and 8 filed against it; 6 cases are pending. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹170 Cr; the latest was in February 2025. The company has 7 MSME Form 1 returns on record between 2021 and 2024, listing 134 overdue payments to 19 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 manjushreespntek.com.
Company details
CIN U74110KA2020PTC136935
Registration Number 136935
Incorporation Date 06 August 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Manjushree Spntek has one previous CIN (Corporate Identification Number): U33119KA2020PTC136935. The current CIN is U74110KA2020PTC136935, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2020PTC136935 | Current |
| U33119KA2020PTC136935 | Previous |
Recognitions & Rankings of Manjushree Spntek
Contact details
Manjushree Spntek Private Limited's registered office is in Ramanagara, Karnataka. Its website is manjushreespntek.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address32/1 32/2 32/3 33/1 33/2 And 38, Abbanakuppe, Ramanagara, Karnataka, India – 562109
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of Manjushree Spntek Private Limited, buy the company report.
Comprehensive company report
Manjushree Spntek 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
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Brands
Manjushree Spntek operates one associated brand: ManjushreeSpntek. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production of nonwoven fabrics for medical, hygiene, and industrial sectors. | manjushreespntek.com |
Business activity
The main business activity of Manjushree Spntek is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Manjushree Spntek Private Limited, buy the company report.
Financials of Manjushree Spntek Private Limited
FY 2025 filings availableManjushree Spntek Private Limited reported revenue of ₹93.23 Cr (up 83% YoY) for FY 2025.
Revenue · FY 2025
₹93.23 Cr ▲ 83%
Net loss · FY 2025
₹56.6 Cr margin -60.7%
EBITDA · FY 2025
-₹15.06 Cr margin -16.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 83%
EBITDA CAGR growth
1 year
▼ 1%
Revenue rose 83% in the latest year. EBITDA fell 1% in the latest 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 | -₹15.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.6 Cr | ||||
| Balance Sheet | |||||
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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 | -16.2% | ||||
| Net Profit Margin | -60.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Manjushree Spntek Private Limited, buy the company report.
Board of directors of Manjushree Spntek Private Limited
Manjushree Spntek has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niddhi Kedia | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Vimal Kedia Also directs: Fitron Wellness LLP, Manjushree Ventures LLP, Manjushree Packtek Private Limited and 4 more | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Rajat Kumar Kedia Also directs: Manjushree Ventures LLP, Manjushree Fincap Private Limited | Director | 06 Aug 2020 | 6 Years 2 Months | Current |
| Narendra Kumar Sarawgi | Director | 19 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Manjushree Spntek Private Limited is audited by Singhvi Dev & Unni LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhvi Dev & Unni LLP | FY 2023 | 003867S/S200358 |
Shareholding
The shareholding of Manjushree Spntek Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Manjushree Spntek Private Limited, buy the company report.
Charges & borrowings
Open charges
₹260.54 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2021 | 100518771 | Sbicap Trustee Company Limited | ₹260.54 Cr | Open |
To see the full charge records of Manjushree Spntek Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Manjushree Spntek Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹170 Cr; the latest was in February 2025.
Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹170 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Funding round | ₹45 Cr | Investors: Manjushree Fincap Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Manjushree Fincap Private Limited Seller: Shruti Financial Services Private Limited |
| Apr 2023 | Funding round | ₹106.5 Cr | Investors: Manjushree Fincap Private Limited, Jallan Polypack India Pvt Ltd |
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Apr 2021 | Rights issue | ₹1.5 Cr | Investors: 2 individuals |
To see the full deal history of Manjushree Spntek Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manjushree Spntek Private Limited has 16 court cases on record: 8 filed by Manjushree Spntek, 8 filed against it. 6 cases are pending and 10 are disposed.
Total cases
16
Filed by the company
8
Filed against the company
8
Pending
6
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 8 | 6 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Dispo-Concept Pvtltd and Ors | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Dispo-Concept Pvtltd and Ors | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, RAMANAGARA, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, RAMANAGARA, Karnataka | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Manjushree Spntek 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
Manjushree Spntek Private Limited has 7 MSME Form 1 returns on record between 2021 and 2024, listing 134 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| SP Freight Systems Private Limited | |||
| an individual supplier | |||
| Siphon Engineering Private Limited | |||
| an individual supplier | |||
| Lakshya Tech India Private Limited |
To see the full MSME payment records of Manjushree Spntek Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Manjushree Spntek Private Limited has a workforce of 116 employees on its EPFO records as of Jul 23, 2024, across 1 active EPFO establishment.
Employee count
116
Active EPFO establishments
1
Employee growth
50.65%
GST
Manjushree Spntek has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM6884A1Z1 | Karnataka | Active | 19 Nov 2020 |
| 07AANCM6884A1Z7 | Delhi | Active | 24 May 2024 |
To see the full GST registrations and return filing status of Manjushree Spntek Private Limited, buy the company report.
Recent activity
Manjushree Spntek Private Limited has 6 board changes on record since 2020: 5 appointments and 1 cessation. The latest: Narendra Kumar Sarawgi was appointed as Director on 19 Dec 2025.
Appointed
Narendra Kumar Sarawgi was appointed as Director.
AGM
Manjushree Spntek Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Manjushree Spntek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Kamal Chauhan ceased to be Company Secretary.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 260.54 Cr registered on 27 Dec 2021 with Charge ID 100518771 was modified on 06 Feb 2023.
Appointed
Kamal Chauhan was appointed as Company Secretary.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 260.54 Cr with Charge ID 100518771 was registered on 27 Dec 2021.
Appointed
Niddhi Kedia was appointed as Director.
Appointed
Rajat Kumar Kedia was appointed as Director.
Appointed
Vimal Kedia was appointed as Director.
Incorporation
06 Aug 2020
Manjushree Spntek Private Limited was registered on 06 Aug 2020 with Roc Bangalore & aged 6 years 2 months as per MCA records.
Frequently asked questions
Manjushree Spntek is an active private limited company based in Ramanagara, Karnataka, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 06 August 2020 (6+ years old) and is registered under CIN U74110KA2020PTC136935.
Manjushree Spntek has 4 current directors:
- Niddhi Kedia - Director
- Vimal Kedia - Director
- Rajat Kumar Kedia - Director
- Narendra Kumar Sarawgi - Director
The latest financial statements of Manjushree Spntek on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Manjushree Spntek is 29AANCM6884A1Z1, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AANCM6884A1Z7 (Delhi).
The CIN (Corporate Identification Number) of Manjushree Spntek is U74110KA2020PTC136935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manjushree Spntek has 16 court cases on record: 8 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
Manjushree Spntek was incorporated on 06 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Manjushree Spntek has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹170 Cr; the latest was in February 2025.
Narendra Kumar Sarawgi was appointed as Director on 19 Dec 2025. Kamal Chauhan ceased to be Company Secretary on 08 Mar 2024. Kamal Chauhan was appointed as Company Secretary on 09 May 2022. Manjushree Spntek has 6 board changes on record in total.
Yes, Manjushree Spntek is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Manjushree Spntek has 7 MSME Form 1 returns on record between 2021 and 2024, listing 134 overdue payments to 19 micro and small suppliers. The latest return was filed on 27 Apr 2024.