MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0005198
Mannequin Pharmaceuticals Private Limited
Mannequin Pharmaceuticals Private Limited - pharma in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹18.54 Cr
▲ 23.24% YoY
Net profit · FY 2025
₹69.77 Lakh
Net margin 3.8%
EBITDA · FY 2025
₹1.54 Cr
EBITDA margin 8.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹80 Lakh
Issued & subscribed
Open charges
₹9.71 Cr
Satisfied ₹1.5 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
34
Provident fund records
About Mannequin Pharmaceuticals Private Limited
Data last updated:
Mannequin Pharmaceuticals Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 16 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U24233OR2014PTC018518. Its GSTIN is 21AAJCM6157G1ZJ (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80 Lakh. It is led by directors Bidhu Bhusana Patra (Managing Director) and Debendra Nath Dash.
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 B – 26 And 26( I ) Chandaka Industrial Estate Chandaka, Bhubaneswar, Odisha, India – 751024.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.54 Cr. For the same year it recorded a net profit of ₹69.77 Lakh (net margin 3.8%) and EBITDA of ₹1.54 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 13% over five years.
The company has about 34 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.71 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Mannequin Pharmaceuticals Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0005198). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U24233OR2014PTC018518
Registration Number 018518
Incorporation Date 16 December 2014
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-19-0005198
Recognitions & Rankings of Mannequin Pharmaceuticals
Contact details
Mannequin Pharmaceuticals Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 26 And 26( I ) Chandaka Industrial Estate Chandaka, Bhubaneswar, Odisha, India – 751024
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Mannequin Pharmaceuticals Private Limited, buy the company report.
Comprehensive company report
Mannequin Pharmaceuticals 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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Secure checkout · GST invoice included
Business activity
The main business activity of Mannequin Pharmaceuticals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Mannequin Pharmaceuticals Private Limited, buy the company report.
Financials of Mannequin Pharmaceuticals Private Limited
FY 2025 filings availableMannequin Pharmaceuticals Private Limited reported revenue of ₹18.54 Cr for FY 2025.
Revenue · FY 2025
₹18.54 Cr
Net profit · FY 2025
₹69.77 Lakh margin 3.8%
EBITDA · FY 2025
₹1.54 Cr margin 8.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 14%
5 years · compounded
▲ 13%
EBITDA CAGR growth
3 years · compounded
▲ 32%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years. 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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| Total Expenses | |||||
| EBITDA | ₹1.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹69.77 Lakh | ||||
| 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 | 8.3% | ||||
| Net Profit Margin | 3.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mannequin Pharmaceuticals Private Limited, buy the company report.
Board of directors of Mannequin Pharmaceuticals Private Limited
Mannequin Pharmaceuticals has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bidhu Bhusana Patra Also directs: Umatri Pharma & Packaging Private Limited | Managing Director | 16 Dec 2014 | 11 Years 10 Months | Current |
| Debendra Nath Dash | Director | 16 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Mannequin Pharmaceuticals Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| One Drip Healthcare Private Limited | ₹18.55 Cr (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Acinta Pharmaceuticals Private Limited | ₹18.54 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Mannequin Pharmaceuticals Private Limitedthis company | ₹18.54 Cr (FY 2025) | ₹69.77 Lakh | 3.8% | 34 | Bhubaneswar, Odisha, India | |
| Megasys Biotek Private Limited | ₹18.53 Cr (FY 2025) | 50.0% | Thrissur, Kerala, India | |||
| Hind Chemicals Limited | ₹18.5 Cr (FY 2025) | 18.0% | Uttar Pradesh, India | |||
| Nutriva Lifesciences Private Limited | ₹18.5 Cr (FY 2024) | 50.0% | Mumbai, Maharashtra, India | |||
| Chromo Health Care Private Limited | ₹18.48 Cr (FY 2024) | 49.0% | Sangareddy, Telangana, India |
To see the full peer comparison of Mannequin Pharmaceuticals Private Limited, buy the company report.
Auditor
Mannequin Pharmaceuticals Private Limited is audited by DIBAKAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIBAKAR & ASSOCIATES | FY 2023 | 326542E |
Shareholding
The shareholding of Mannequin Pharmaceuticals Private Limited is on record for 5 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mannequin Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.71 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Oct 2025 | 101178703 | Others | ₹2 Cr | Open | |
| 24 Feb 2023 | 100682589 | Sidbi | ₹31 Lakh | Open | |
| 26 Nov 2021 | 100507567 | Others | ₹4.5 Cr | Open | |
| 28 Sep 2018 | 100216604 | Others | ₹2.9 Cr | Open | |
| 31 Jul 2015 | 10586582 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Mannequin Pharmaceuticals Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mannequin Pharmaceuticals Private Limited has 1 court case on record: 1 filed by Mannequin Pharmaceuticals. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Writ petition | Filed by the company against Odisha State Medical Corporation Ltd and 3 others | Disposed |
To see the full case history of Mannequin Pharmaceuticals 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 Mannequin Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mannequin Pharmaceuticals Private Limited has a workforce of 34 employees on its EPFO records as of Sep 19, 2024, across 1 active EPFO establishment.
Employee count
34
Active EPFO establishments
1
Employee growth
9.68%
GST
Mannequin Pharmaceuticals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAJCM6157G1ZJ | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mannequin Pharmaceuticals Private Limited, buy the company report.
Recent activity
Mannequin Pharmaceuticals Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Bidhu Bhusana Patra was appointed as Managing Director on 16 Dec 2014.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101178703 was registered on 18 Oct 2025.
AGM
Mannequin Pharmaceuticals Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 4.50 Cr registered on 26 Nov 2021 with Charge ID 100507567 was modified on 14 May 2025.
Filing
Mannequin Pharmaceuticals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Sidbi amounted to Rs. 0.31 Cr with Charge ID 100682589 was registered on 24 Feb 2023.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100507567 was registered on 26 Nov 2021.
Charges
A charge registered on 31 Jul 2015 via Charge ID 10586582 with Others was fully satisfied on 14 Nov 2018.
Charges
A charge with Others of Rs. 2.90 Cr registered on 28 Sep 2018 with Charge ID 100216604 was modified on 24 Oct 2018.
Charges
A charge with Others amounted to Rs. 2.90 Cr with Charge ID 100216604 was registered on 28 Sep 2018.
Charges
A charge with Others of Rs. 1.50 Cr registered on 31 Jul 2015 with Charge ID 10586582 was modified on 18 Mar 2017.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 10586582 was registered on 31 Jul 2015.
Appointed
Bidhu Bhusana Patra was appointed as Managing Director.
2 earlier events are in the company report.
Frequently asked questions
Mannequin Pharmaceuticals is an active private limited company based in Bhubaneswar, Odisha, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 16 December 2014 (12+ years old) and is registered under CIN U24233OR2014PTC018518.
Mannequin Pharmaceuticals has 2 current directors:
- Bidhu Bhusana Patra - Managing Director
- Debendra Nath Dash - Director
The latest financial statements of Mannequin Pharmaceuticals 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 2015 are in the company report.
The GSTIN of Mannequin Pharmaceuticals is 21AAJCM6157G1ZJ, registered in Odisha.
The CIN (Corporate Identification Number) of Mannequin Pharmaceuticals is U24233OR2014PTC018518. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mannequin Pharmaceuticals has 1 court case on record: 1 filed by the company.
Mannequin Pharmaceuticals was incorporated on 16 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Mannequin Pharmaceuticals by revenue are One Drip Healthcare Private Limited, Acinta Pharmaceuticals Private Limited, Megasys Biotek Private Limited, Hind Chemicals Limited, Nutriva Lifesciences Private Limited and 1 more, all in the Pharma industry (Formulations, Pharmaceuticals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Bidhu Bhusana Patra was appointed as Managing Director on 16 Dec 2014. Debendra Nath Dash was appointed as Director on 16 Dec 2014.
Yes, Mannequin Pharmaceuticals is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0005198).
The registered office of Mannequin Pharmaceuticals is at B – 26 And 26 I Chandaka Industrial Estate Chandaka, Bhubaneswar, Odisha, India – 751024.