Manratan Retails Private Limited
About Manratan Retails Private Limited
Data last updated:
Manratan Retails Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India, a subsidiary of Indigo Sales Private Limited. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 28 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U52335MP2011PTC044804. Its GSTIN is 23AAQCS6590Q1ZC (Madhya Pradesh).
The company has an authorised share capital of ₹43 Lakh and a paid-up capital of ₹43 Lakh. It was formerly known as Shree Namaskar Trade and Supplies Private Limited and Shovel Dealers Private Limited. It is led by directors Aashish Kumar Sehlot and Punit Pirodia.
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 House No 2 Sultania Road Imami Gate, Bhopal, Madhya Pradesh, India – 462001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.36 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹74.72 Lakh (net margin 22.2%) and EBITDA of ₹1.01 Cr (EBITDA margin 30%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Name History of Manratan Retails Private Limited
Manratan Retails has undergone 3 name changes throughout its history. The company was previously known as Shree Namaskar Trade And Supplies Private Limited, Shovel Dealers Private Limited, and Shree Namaskar Trade Private Limited. The current legal name is Manratan Retails Private Limited.
| Company Name | Status |
|---|---|
| Manratan Retails Private Limited | Current |
| Shree Namaskar Trade And Supplies Private Limited | Previous |
| Shovel Dealers Private Limited | Previous |
| Shree Namaskar Trade Private Limited | Previous |
CIN History of Manratan Retails Private Limited
Manratan Retails has one previous CIN (Corporate Identification Number): U52335MH2011PTC224447. The current CIN is U52335MP2011PTC044804, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52335MP2011PTC044804 | Current |
| U52335MH2011PTC224447 | Previous |
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- Registered AddressHouse No 2 Sultania Road Imami Gate, Bhopal, Madhya Pradesh, India – 462001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Manratan Retails Private Limited
The main business activity of Manratan Retails is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Manratan Retails Private Limited FY 2024 filings available
Manratan Retails Private Limited reported revenue of ₹3.36 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Manratan Retails Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 8% fall in the latest year. EBITDA fell 38% 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 of Manratan Retails Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹74.72 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Manratan Retails Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 22.2% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Manratan Retails are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Manratan Retails Private Limited
Manratan Retails has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aashish Kumar Sehlot | Director | 19 Aug 2015 | 11 Years 2 Months | Current |
| Punit Pirodia Also directs: Shree Hanuman Wind-Infra Private Limited | Director | 05 Aug 2015 | 11 Years 2 Months | Current |
Peer Comparison of Manratan Retails Private Limited
Manratan Retails Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jawala Impex Private Limied | ₹3.39 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | New Delhi, Delhi, India |
| Taneja Jewellers Private Limited | ₹3.39 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Delhi, India |
| Yashoda Jewellers Private Limited | ₹3.39 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| Harikala Enterprise Private Limited | ₹3.38 Cr (FY 2024) | •••• | •••• | -93.0% | •••• | Surat, Gujarat, India |
| M. Arvindkumar Jewellers Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Manratan Retails Private Limited this company | ₹3.36 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Bhopal, Madhya Pradesh, India |
| Tribhovandas Bhimji Zaveri and Sons India Private Limited | ₹3.36 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Surana Alankar Associates Private Limited | ₹3.36 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Ranisati Jewellers Pvt Ltd | ₹3.36 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Dhanbad, Jharkhand, India |
| Niharika Holdings Pvt. Ltd. | ₹3.35 Cr (FY 2024) | •••• | •••• | -93.0% | •••• | Patna, Bihar, India |
| Pasr Jewels Private Limited | ₹3.32 Cr (FY 2025) | •••• | •••• | -83.0% | •••• | Dehradun, Uttarakhand, India |
Peers are the five companies nearest above and the five nearest below Manratan Retails by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Manratan Retails Private Limited
Manratan Retails Private Limited is audited by JEEVAN JAGETIYA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JEEVAN JAGETIYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Manratan Retails Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Manratan Retails Private Limited
Manratan Retails Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Manratan Retails Private Limited
Employment history and EPFO contributions of people linked to Manratan Retails.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Manratan Retails Private Limited
Manratan Retails Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Mukund Dubey ceased to be Director on 31 Aug 2015.
Credit Ratings, Litigation & Regulatory Alerts for Manratan Retails Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Manratan Retails Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Manratan Retails Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Manratan Retails Private Limited
Manratan Retails has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAQCS6590Q1ZC | Madhya Pradesh | Active | 28 Feb 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Manratan Retails Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Manratan Retails Private Limited
Manratan Retails is an active private limited company based in Bhopal, Madhya Pradesh, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 28 November 2011 (15+ years old) and is registered under CIN U52335MP2011PTC044804.
Manratan Retails reported revenue of ₹3.36 Cr for FY 2024 (down 8% YoY).
Manratan Retails has 2 current directors:
- Aashish Kumar Sehlot - Director
- Punit Pirodia - Director
Manratan Retails reported a net profit of ₹74.72 Lakh (net margin 22.2%) and EBITDA of ₹1.01 Cr (EBITDA margin 30%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Manratan Retails is -34% over three years and -15% over five years. In the latest year (FY 2024) revenue fell 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Manratan Retails is 23AAQCS6590Q1ZC, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Manratan Retails is U52335MP2011PTC044804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manratan Retails was incorporated on 28 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Manratan Retails by revenue are Jawala Impex Private Limied, Taneja Jewellers Private Limited, Yashoda Jewellers Private Limited, Harikala Enterprise Private Limited, M. Arvindkumar Jewellers Private Limited and 5 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution).
Mukund Dubey ceased to be Director on 31 Aug 2015. Nitesh Singh ceased to be Director on 31 Aug 2015. Aashish Kumar Sehlot was appointed as Director on 19 Aug 2015. Manratan Retails has 4 board changes on record in total.
The registered office of Manratan Retails is at House No 2 Sultania Road Imami Gate, Bhopal, Madhya Pradesh, India – 462001.