About Manyavar Creations Private Limited
Data last updated:
Manyavar Creations Private Limited was a private limited company based in Howrah, West Bengal, India, operated as a subsidiary of Vedant Fashions Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 10 March 2017.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U17299WB2017PTC219874. Its GSTIN is 19AAKCM9020F2ZC (West Bengal). The company held 8 GST registrations, of which 7 are active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.01 Cr. It was led by directors Shilpi Modi and Ravi Modi.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 5 Part C Block A Srijan Industrial Logistics Park, Howrah, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.47 Cr, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹50.1 Lakh (net margin -9.2%) and EBITDA of ₹2.28 Cr (EBITDA margin 41.8%). Revenue has declined at a compounded annual rate (CAGR) of 47% over three years and 24% over five years.
The company had about 6 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Manyavar. Court records list 18 cases involving the company, including 12 filed by the company and 6 filed against it; 5 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in June 2019.
The last known website on record is manyavar.com.
Company details
Contact details
Manyavar Creations Private Limited's registered office is in Howrah, West Bengal. Its website is manyavar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Unit No. 5 Part C Block A Srijan Industrial Logistics Park NH 6 B, Ombay Road, Howrah, West Bengal, India – 711302
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of Manyavar Creations 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
Brands
Manyavar Creations operates one associated brand: Manyavar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manyavar operates a direct-to-consumer brand specializing in men's ethnic apparel. | manyavar.com |
Business activity
The main business activity of Manyavar Creations is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Manyavar Creations Private Limited, buy the company report.
Financials of Manyavar Creations Private Limited
FY 2024 filings availableManyavar Creations Private Limited reported revenue of ₹5.47 Cr (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 89% fall in the latest year. EBITDA fell 86% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.28 Cr | ||||
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| Net Profit (PAT) | -₹50.1 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 41.8% | ||||
| Net Profit Margin | -9.2% | ||||
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To see the full financial statements and ratios of Manyavar Creations Private Limited, buy the company report.
Board of directors and KMP of Manyavar Creations Private Limited
Manyavar Creations Private Limited currently reports 2 directors and 1 key managerial person.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpi Modi | Director | 10 Mar 2017 | 9 Years 7 Months | As last reported |
| Ravi Modi | Director | 10 Mar 2017 | 9 Years 7 Months | As last reported |
| Navin Pareek | Company Secretary | 05 Jul 2018 | 8 Years 3 Months | As last reported |
Auditor
Manyavar Creations Private Limited is audited by B S R & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & CO LLP | FY 2023 | 101248W/W100022 |
Shareholding
The shareholding of Manyavar Creations Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manyavar Creations Private Limited, buy the company report.
Deals & funding
Manyavar Creations Private Limited has 1 deal on record (1 acquisition); the latest was in June 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2019 | Acquisition | ₹20 Cr | Buyer: Vedant Fashions Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manyavar Creations Private Limited has 18 court cases on record: 12 filed by Manyavar Creations, 6 filed against it. 5 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 4 | 5 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Himalayan Plywood Pvt. Ltd. and 1 other | Disposed |
| District court, South Twenty Four Parganas, West Bengal | Interim or miscellaneous application | Filed by the company against Himalayan Plywood Pvt. Ltd. and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Manyavar Fashion Private Limited | Disposed |
| High Court of Karnataka | Court case (RP) | Filed against the company by Vedant Fashions Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Manyavar Fashion Private Limited and 1 other | Disposed |
To see the full case history of Manyavar Creations 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 Manyavar Creations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Manyavar Creations Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Manyavar Creations has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAKCM9020F2ZC | West Bengal | Active | 06 Jul 2017 |
| 09AAKCM9020F1ZE | Uttar Pradesh | Active | 25 Jul 2017 |
| 29AAKCM9020F1ZC | Karnataka | Active | 26 Jul 2017 |
| 27AAKCM9020F1ZG | Maharashtra | Active | 04 Aug 2017 |
To see the full GST registrations and return filing status of Manyavar Creations Private Limited, buy the company report.
Recent activity
Manyavar Creations Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Navin Pareek was appointed as Company Secretary on 05 Jul 2018.
News
Frequently asked questions
Manyavar Creations has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Manyavar Creations was a private limited company based in Howrah, West Bengal, India. The company worked in designer and branded fashion, within the fashion and textile industry. It was incorporated on 10 March 2017 and is registered under CIN U17299WB2017PTC219874. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Manyavar Creations was incorporated on 10 March 2017. It is registered with the Registrar of Companies, Kolkata.
Manyavar Creations had 3 directors and KMP:
- Shilpi Modi - Director
- Ravi Modi - Director
- Navin Pareek - Company Secretary
The CIN (Corporate Identification Number) of Manyavar Creations is U17299WB2017PTC219874. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Manyavar Creations is at 1st Floor Unit No. 5 Part C Block A Srijan Industrial Logistics Park NH 6 B, Ombay Road, Howrah, West Bengal, India – 711302.
Manyavar Creations can be reached through the website manyavar.com. Its registered office is in Howrah, West Bengal, India.
The latest financial statements of Manyavar Creations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 August 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Manyavar Creations is 19AAKCM9020F2ZC, registered in West Bengal. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAKCM9020F1ZE (Uttar Pradesh), 29AAKCM9020F1ZC (Karnataka), 27AAKCM9020F1ZG (Maharashtra).
Manyavar Creations operated in the fashion and textile industry, in the designer and branded fashion segment.