About Manomay Ventures Private Limited
Data last updated:
Manomay Ventures Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Omkar Realtors & Developers Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 January 2013.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2013PTC239568. Its GSTIN is 27AABCO7813M1Z3 (Maharashtra).
The company has an authorised share capital of ₹171.07 Cr and a paid-up capital of ₹17 Cr. It was formerly known as Omkar Ventures Private Limited. It is led by directors including Ganesh Ashok Nanaware and Manish Motilal Jaju (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹16.92 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.05 Cr (net margin 88.9%) and EBITDA of ₹15.49 Cr (EBITDA margin 91.5%). Revenue has grown at a compounded annual rate (CAGR) of 108% over three years and 129% over five years.
The company has about 70 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8,047 Cr and satisfied charges of ₹1,835 Cr on record. Court records list 98 cases involving the company, including 12 filed by the company and 86 filed against it; 31 cases are pending. The company has 4 deals on record (4 acquisitions); the latest was in July 2016. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 4 smaller; the largest is Milestone Devcon Private Limited with revenue of ₹16.93 Cr.
The last known website on record is omkar.com.
Company details
Contact details
Manomay Ventures Private Limited's registered office is in Mumbai, Maharashtra. Its website is omkar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPopular Metal Works Tatya Tope Marg, Joglekarwadi Sion Fish Mkt Sion (E), Mumbai, Maharashtra, India – 400022
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Manomay Ventures 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
Business activity
The main business activity of Manomay Ventures is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Manomay Ventures Private Limited, buy the company report.
Financials of Manomay Ventures Private Limited
FY 2023 filings availableManomay Ventures Private Limited reported revenue of ₹16.92 Cr (up 6890% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 129% over five years. EBITDA rose 502% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹16.92 Cr | ||||
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| EBITDA | ₹15.49 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹15.05 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.5% | ||||
| Net Profit Margin | 88.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Manomay Ventures Private Limited, buy the company report.
Board of directors of Manomay Ventures Private Limited
Manomay Ventures has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Ashok Nanaware Also directs: Era Realtors Private Limited, Kinetic Petroleum Private Limited, Foremost Realtors Private Limited and 5 more | Director | 01 Mar 2021 | 5 Years 7 Months | As last reported |
| Manish Motilal Jaju | Irp/Rp/Liquidator | 06 Feb 2025 | 1 Years 8 Months | As last reported |
| Kirit Hiralal Mehta Also directs: Surana Developers (Wadala) LLP, Era Realtors Private Limited, High Rise Facility Solutions Private Limited and 5 more | Director | 31 Aug 2022 | 4 Years 1 Months | As last reported |
Peer comparison
Manomay Ventures Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Milestone Devcon Private Limited | ₹16.93 Cr (FY 2017) | 9.0% | Mumbai, Maharashtra, India | |||
| Manomay Ventures Private Limitedthis company | ₹16.92 Cr (FY 2023) | ₹15.05 Cr | 88.9% | 6890.0% | 70 | Mumbai, Maharashtra, India |
| Ghaziabad Construction & Contractors Private Limited | ₹16.92 Cr (FY 2024) | -11.0% | New Delhi, Delhi, India | |||
| Vaishnavi Estates Private Limited | ₹16.92 Cr (FY 2025) | -19.0% | Hyderabad, Telangana, India | |||
| Verizon Infra and Trade Private Limited | ₹16.91 Cr (FY 2024) | 25.0% | Nagpur, Maharashtra, India | |||
| SMR Blue Valley Projects Private Limited | ₹16.9 Cr (FY 2025) | -62.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Manomay Ventures Private Limited, buy the company report.
Auditor
Manomay Ventures Private Limited is audited by Neelesh Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Neelesh Jain & Associates | FY 2023 | 142400W |
Shareholding
The shareholding of Manomay Ventures 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manomay Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2019 | 100239903 | Idbi Trusteeship Services Limited | ₹900 Cr | Open | |
| 05 Jun 2018 | 100194031 | Yes Bank Limited | ₹99 Cr | Open | |
| 05 Jun 2018 | 100194774 | Yes Bank Limited | ₹99 Cr | Open | |
| 05 Jun 2018 | 100194038 | Yes Bank Limited | ₹99 Cr | Open | |
| 05 Jun 2018 | 100189953 | Idbi Trusteeship Services Limited | ₹1,000 Cr | Open |
To see the full charge records of Manomay Ventures Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Manomay Ventures Private Limited has 4 deals on record (4 acquisitions); the latest was in July 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Acquisition | ₹145 Cr | Buyer: Memphis Realtors Private Limited |
| Oct 2015 | Acquisition | ₹18.28 Cr | Buyer: Memphis Realtors Private Limited |
| Dec 2014 | Acquisition | ₹6.51 Cr | Buyer: Memphis Realtors Private Limited |
| Mar 2014 | Acquisition | ₹20 Lakh | Buyer: Memphis Realtors Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manomay Ventures Private Limited has 98 court cases on record: 12 filed by Manomay Ventures, 86 filed against it. 31 cases are pending and 67 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 50 | 40 | 13 |
| District courts | 30 | 28 | 17 |
| NCLT | 10 | 10 | 0 |
| NCLAT | 6 | 6 | 0 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 98)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against JC Flowers Asset Reconstruction Pvt. Ltd. and 1 other | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Relcon Infraprojects Ltd Through Stephen Dabre | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Relcon Infraprojects Ltd Through Stephen Dabre | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Max City and Urban Reality Pvt Ltd | Disposed |
| High Court, MAHARASHTRA | Court case (APP) | Filed against the company by Catalyst Trusteeship Ltd. | Disposed |
To see the full case history of Manomay Ventures 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 Manomay Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manomay Ventures Private Limited has a workforce of 70 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Manomay Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCO7813M1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manomay Ventures Private Limited, buy the company report.
Recent activity
Manomay Ventures Private Limited has 12 board changes on record since 2014: 3 appointments and 9 cessations. The latest: Manish Motilal Jaju was appointed as Irp/Rp/Liquidator on 06 Feb 2025.
50 earlier events are in the company report.
News
Frequently asked questions
Manomay Ventures is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Manomay Ventures is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 January 2013 and is registered under CIN U70102MH2013PTC239568. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Manomay Ventures has 3 current directors:
- Ganesh Ashok Nanaware - Director
- Kirit Hiralal Mehta - Director
- Manish Motilal Jaju - Irp/Rp/Liquidator
The latest financial statements of Manomay Ventures on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Manomay Ventures is U70102MH2013PTC239568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manomay Ventures has open charges of ₹8,047 Cr and satisfied charges of ₹1,835 Cr as per latest MCA filings.
Manomay Ventures has 98 court cases on record: 12 filed by the company and 86 filed against it. 31 are pending. Most are in the high courts.
Manomay Ventures was incorporated on 11 January 2013. It is registered with the Registrar of Companies, Mumbai.
Manomay Ventures has 4 deals on record (4 acquisitions); the latest was in July 2016.
The peers of Manomay Ventures by revenue are Milestone Devcon Private Limited, Ghaziabad Construction & Contractors Private Limited, Vaishnavi Estates Private Limited, Verizon Infra and Trade Private Limited, SMR Blue Valley Projects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Manish Motilal Jaju was appointed as Irp/Rp/Liquidator on 06 Feb 2025. Kirit Hiralal Mehta was appointed as Director on 31 Aug 2022. Subhash Sahadev Barkunta ceased to be Director on 31 Aug 2022. Manomay Ventures has 12 board changes on record in total.