
About Mascot International Private Limited
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Mascot International Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the health and beauty retail and distribution segment of the consumer goods sector. It was incorporated on 31 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U21010MH1996PTC096769. Its GSTIN is 27AAACM9727D1ZG (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.37 Cr. It was formerly known as Mul Paper & Board Private Limited. It is led by directors including Usha Shah Maniklal and Maniklal Shah Mulchand.
Its last annual general meeting (AGM) was held on 29 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 3rd Floor Jagdish Kunj 11 R. A. Kidwai Marg Wadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2023, the company reported a revenue of ₹436.08 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹10.34 Cr (net margin 2.4%) and EBITDA of ₹14.38 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 11% over five years.
The company has about 64 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Mascottourism and Manikshahgroup. As per MCA filings, the company has open charges of ₹27.05 Cr on record. The company has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.5 Cr; the latest was in October 2020. Its 10 peer companies in the same principal business activity (wholesale trading) are compared by revenue, 5 larger and 5 smaller; the largest is Tommy Hilfiger Arvind Fashion Private Limited with revenue of ₹437.61 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manikshahgroup.com.
Company details
Contact details
Mascot International Private Limited's registered office is in Mumbai, Maharashtra. Its website is manikshahgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor Jagdish Kunj 11 R. A. Kidwai Marg Wadala, Mumbai, Maharashtra, India – 400031
- IndustryConsumer Goods, Health & Beauty Retail & Distribution
To see the full contact details of Mascot International 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
Mascot International operates two associated brands: Mascottourism and Manikshahgroup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers travel packages, tours, visa services, and yacht bookings internationally. | mascottourism.com | |
| Global leader in FMCG distribution, export, import, and consumer goods innovation. | manikshahgroup.com |
Business activity
The main business activity of Mascot International is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mascot International Private Limited, buy the company report.
Financials of Mascot International Private Limited
FY 2023 filings availableMascot International Private Limited reported revenue of ₹436.08 Cr (up 51% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 51% growth in the latest year. EBITDA fell 11% 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 |
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| EBITDA | ₹14.38 Cr | ||||
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| Net Profit (PAT) | ₹10.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Mascot International Private Limited, buy the company report.
Board of directors of Mascot International Private Limited
Mascot International has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Khushboo Maniklal Shah | Additional Director | 25 May 2023 | 3 Years 5 Months | Current |
| Usha Shah Maniklal Also directs: Mangalmay Developers Private Limited, Crestella Brands Private Limited, Invictaa Global Private Limited and 3 more | Director | 25 Feb 2002 | 24 Years 8 Months | Current |
| Maniklal Shah Mulchand Also directs: Mangalmay Developers Private Limited, Mul Dentpro Private Limited | Director | 01 Dec 2001 | 24 Years 11 Months | Current |
Peer comparison
Mascot International Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tommy Hilfiger Arvind Fashion Private Limited | ₹437.61 Cr (FY 2020) | 3.0% | Ahmedabad, Gujarat, India | |||
| Merchant Agri Global Private Limited | ₹437.39 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Time Express International Private Limited | ₹437.37 Cr (FY 2023) | 125.0% | New Delhi, Delhi, India | |||
| Mishank Diagem Private Limited | ₹437.1 Cr (FY 2025) | -39.0% | Thoba Sheri, Mahidharpura, Gujarat, India | |||
| Purv Flexipack Limited | ₹436.64 Cr (FY 2025) | 60.0% | Kolkata, West Bengal, India | |||
| Mascot International Private Limitedthis company | ₹436.08 Cr (FY 2023) | ₹10.34 Cr | 2.4% | 51.0% | Mumbai, Maharashtra, India | |
| Enviiro Buildmate Private Limited | ₹435.55 Cr (FY 2025) | 100.0% | Pune, Maharashtra, India | |||
| Arihant Coal Sales (India) Private Limited | ₹434.99 Cr (FY 2017) | 49.0% | Bhopal, Madhya Pradesh, India | |||
| Symbio Generrics India Private Limited | ₹434.97 Cr (FY 2025) | -11.0% | Bangalore, Karnataka, India | |||
| Nitin Marketing Services Private Limited | ₹434.74 Cr (FY 2024) | 25.0% | Nagpur, Maharashtra, India | |||
| R.R. Industrial Corporation (India) Private Limited | ₹434.5 Cr (FY 2025) | 39.0% | Raipur, Chhattisgarh, India |
To see the full peer comparison of Mascot International Private Limited, buy the company report.
Auditor
Mascot International Private Limited is audited by J.L. Negandhi for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J.L. Negandhi | FY 2022 | 030343 |
Shareholding
The shareholding of Mascot International Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mascot International Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2023 | 100845759 | Standard Chartered Bank | ₹3.3 Cr | Open | |
| 07 Nov 2023 | 100807772 | Others | ₹4.25 Cr | Open | |
| 05 Jun 2023 | 100735002 | Others | ₹19.5 Cr | Open |
To see the full charge records of Mascot International Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Mascot International Private Limited has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.5 Cr; the latest was in October 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Seller: Akshay Motilal Shah HUF, 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Monisha Family Trust, Motilal M Shah Huf, 2 individuals Seller: an individual |
| Mar 2016 | Funding round | ₹5.5 Cr | Investors: 4 individuals |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: MMS Holdings Private Limited Seller: Chanvim Engg. (I) Private Limited, Mulisha Chemicals Works Private Limited, Mul Dentpro Limited |
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Mascot International Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mascot International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mascot International has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM9727D1ZG | Maharashtra | Active | 01 Jul 2017 |
| 29AAACM9727D1ZC | Karnataka | Active | 29 Oct 2022 |
| 07AAACM9727D1ZI | Delhi | Active | 23 Jan 2023 |
| 09AAACM9727D1ZE | Uttar Pradesh | Active | 08 Jun 2023 |
To see the full GST registrations and return filing status of Mascot International Private Limited, buy the company report.
Recent activity
Mascot International Private Limited has 3 board changes on record since 2001: 3 appointments. The latest: Khushboo Maniklal Shah was appointed as Additional Director on 25 May 2023.
Frequently asked questions
Mascot International is an active private limited company based in Mumbai, Maharashtra, India. The company works in health and beauty retail and distribution, within the consumer goods industry. It was incorporated on 31 January 1996 (30+ years old) and is registered under CIN U21010MH1996PTC096769.
Mascot International has 3 current directors:
- Khushboo Maniklal Shah - Additional Director
- Usha Shah Maniklal - Director
- Maniklal Shah Mulchand - Director
The latest financial statements of Mascot International on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mascot International is 27AAACM9727D1ZG, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAACM9727D1ZC (Karnataka), 07AAACM9727D1ZI (Delhi), 09AAACM9727D1ZE (Uttar Pradesh).
The CIN (Corporate Identification Number) of Mascot International is U21010MH1996PTC096769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mascot International was incorporated on 31 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Mascot International has 5 deals on record (4 secondary share transfers, 1 funding round), with disclosed funding of ₹5.5 Cr; the latest was in October 2020.
The peers of Mascot International by revenue are Tommy Hilfiger Arvind Fashion Private Limited, Merchant Agri Global Private Limited, Time Express International Private Limited, Mishank Diagem Private Limited, Purv Flexipack Limited and 5 more, all in the same principal business activity (wholesale trading).
Khushboo Maniklal Shah was appointed as Additional Director on 25 May 2023. Usha Shah Maniklal was appointed as Director on 25 Feb 2002. Maniklal Shah Mulchand was appointed as Director on 01 Dec 2001.
Mascot International can be reached through the website manikshahgroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mascot International is at 3rd Floor Jagdish Kunj 11 R. A. Kidwai Marg Wadala, Mumbai, Maharashtra, India – 400031.

