About Manvar Products Limited
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Manvar Products Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the soaps and detergents segment of the FMCG sector. It was incorporated on 26 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24240GJ2013PLC075785. Its GSTIN is 24AAICM6797R1ZD (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Vijaysing Kishorsing Rajpurohit and Kishorsingh Kansingh Rajpurohit.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 18/L/L New Sattadhar Complex C. P. Nagar Cross Road Ghatlodia, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2019, the company reported a revenue of ₹65.97 Lakh, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹52,369 (net margin 0.8%) and EBITDA of ₹1.89 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹6 Lakh on record. Court records list 13 cases involving the company, including 13 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manvar.net.
Company details
Contact details
Manvar Products Limited's registered office is in Ahmedabad, Gujarat. Its website is manvar.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address18/L/L New Sattadhar Complex C. P. Nagar Cross Road Ghatlodia, Ahmedabad, Gujarat, India – 380061
- IndustryFMCG, Soaps & Detergents
To see the full contact details of Manvar Products 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 Manvar Products 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 Manvar Products Limited, buy the company report.
Financials of Manvar Products Limited
FY 2019 filings availableManvar Products Limited reported revenue of ₹65.97 Lakh (down 31% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA fell 56% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹1.89 Lakh | ||||
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| Net Profit (PAT) | ₹52,369 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Manvar Products Limited, buy the company report.
Board of directors of Manvar Products Limited
Manvar Products has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Singh Rajpurohit | Additional Director | 01 Jan 2020 | 6 Years 9 Months | Current |
| Vijaysing Kishorsing Rajpurohit | Director | 26 Jun 2013 | 13 Years 4 Months | Current |
| Kishorsingh Kansingh Rajpurohit | Director | 02 Jun 2014 | 12 Years 4 Months | Current |
Peer comparison
Manvar Products Limited is compared with the 4 companies closest to it by revenue in the FMCG industry (Soaps and Detergents), 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 |
|---|---|---|---|---|---|---|
| Arora Soap and Detergents Private Limited | ₹69.91 Lakh (FY 2025) | 4.0% | Delhi, India | |||
| Kalindi Chemicals Private Limited | ₹69.82 Lakh (FY 2024) | -46.0% | Kolkata, West Bengal, India | |||
| Manvar Products Limitedthis company | ₹65.97 Lakh (FY 2019) | ₹52,369 | 0.8% | -31.0% | Ahmedabad, Gujarat, India | |
| Arohi Med-Laboratories Private Limited | ₹64.65 Lakh (FY 2021) | -20.0% | Mumbai, Maharashtra, India | |||
| Claritol Private Limited | ₹57.57 Lakh (FY 2022) | -37.0% | Ankleshwar, Gujarat, India |
To see the full peer comparison of Manvar Products Limited, buy the company report.
Auditor
Manvar Products Limited is audited by PONKIYA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PONKIYA & ASSOCIATES | FY 2016 | 136121W |
Shareholding
The shareholding of Manvar Products Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Manvar Products Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2014 | 10504913 | Bank of Baroda | ₹6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Manvar Products Limited has 13 court cases on record: 13 filed against it. 6 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 13 | 6 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Ziasi Plasticware Pvt.Ltd. | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed against the company by Anvi Plast Industries - Manojkumar Ishwarbhai Prajapati | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by M/S Uma Krupa Plast - Bharatbhai Shambhubhai Mangroliya | Pending |
| District court, Valsad, Gujarat | Criminal complaint | Filed against the company by M/S Pruthvi Plasto Industries Thro. Its Authorized Partner Mr. Ketan Kevalchand Bafna | Disposed |
To see the full case history of Manvar Products 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 Manvar Products Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manvar Products has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM6797R1ZD | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manvar Products Limited, buy the company report.
Recent activity
Manvar Products Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Chandansingh Omprakash Rajpurohit ceased to be Director on 01 Jan 2020.
Frequently asked questions
Manvar Products is an active public limited company based in Ahmedabad, Gujarat, India. The company works in soaps and detergents, within the FMCG industry. It was incorporated on 26 June 2013 (13+ years old) and is registered under CIN U24240GJ2013PLC075785.
Manvar Products has 3 current directors:
- Narendra Singh Rajpurohit - Additional Director
- Vijaysing Kishorsing Rajpurohit - Director
- Kishorsingh Kansingh Rajpurohit - Director
The latest financial statements of Manvar Products on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Manvar Products is 24AAICM6797R1ZD, registered in Gujarat.
The CIN (Corporate Identification Number) of Manvar Products is U24240GJ2013PLC075785. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manvar Products has 13 court cases on record: 13 filed against it. 6 are pending.
Manvar Products was incorporated on 26 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Manvar Products by revenue are Arora Soap and Detergents Private Limited, Kalindi Chemicals Private Limited, Arohi Med-Laboratories Private Limited, Claritol Private Limited, all in the FMCG industry (Soaps and Detergents), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Chandansingh Omprakash Rajpurohit ceased to be Director on 01 Jan 2020. Narendra Singh Rajpurohit was appointed as Additional Director on 01 Jan 2020. Prakashkumar Somabhai Patel ceased to be Director on 03 Jun 2014. Manvar Products has 5 board changes on record in total.
Manvar Products can be reached through the website manvar.net. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Manvar Products is at 18LL New Sattadhar Complex C. P. Nagar Cross Road Ghatlodia, Ahmedabad, Gujarat, India – 380061.