- Category
- Micro (2023-24)
- Udyam number
- UDYAM-MH-19-0072507

MC Retail Private Limited
About MC Retail Private Limited
Data last updated:
MC Retail Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Brand Marketing (India) Private Limited. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 23 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH2006PTC162430. Its GSTIN is 27AAECM7597B1Z8 (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Deepak Shantaram Haryan and Nitin Sadanand Karkote.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 18 10th Floor Pinnacle Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹13,700. For the same year it recorded a net profit of ₹12,150 (net margin 88.7%) and EBITDA of ₹12,150 (EBITDA margin 88.7%). Revenue has declined at a compounded annual rate (CAGR) of 90% over three years and 37% over five years.
As per MCA filings, the company has satisfied charges of ₹42 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
MC Retail Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0072507). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of MC Retail
Contact details
MC Retail Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address17 – 18 10th Floor Pinnacle Corporate Park G Block Bandra – Kurla Complex Bandra Ea, St, Mumbai, Maharashtra, India – 400051
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of MC Retail 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
Financials of MC Retail Private Limited
FY 2022 filings availableMC Retail Private Limited reported revenue of ₹13,700 for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years. EBITDA rose 191% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹12,150 | ||||
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| Net Profit (PAT) | ₹12,150 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.7% | ||||
| Net Profit Margin | 88.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of MC Retail Private Limited, buy the company report.
Board of directors of MC Retail Private Limited
MC Retail has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Shantaram Haryan Also directs: MB Retailing Private Limited, MJ Retail Private Limited, Brand Marketing (India) Private Limited and 2 more | Director | 23 Jul 2021 | 5 Years 3 Months | Current |
| Nitin Sadanand Karkote Also directs: MB Retailing Private Limited, MJ Retail Private Limited, Brand Marketing (India) Private Limited and 3 more | Director | 27 Dec 2012 | 13 Years 9 Months | Current |
Peer comparison
MC Retail Private Limited is compared with the 10 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greektone Garments Private Limited | ₹14,200 (FY 2024) | New Delhi, Delhi, India | ||||
| Vaiben Exports Private Limited | ₹14,112 (FY 2024) | -99.0% | New Delhi, Delhi, India | |||
| Ramdoot Creations Private Limited | ₹14,000 (FY 2024) | 12.0% | Bangalore, Karnataka, India | |||
| Federal Brands Limited | ₹14,000 (FY 2025) | 17.0% | Mumbai, Maharashtra, India | |||
| S A R Textiles Private Limited | ₹13,930 (FY 2025) | 55.0% | New Delhi, Delhi, India | |||
| MC Retail Private Limitedthis company | ₹13,700 (FY 2022) | ₹12,150 | 88.7% | Mumbai, Maharashtra, India | ||
| Occeanus Collection Private Limited | ₹13,178 (FY 2025) | Surat, Gujarat, India | ||||
| Ultrashore Realty Limited | ₹13,000 (FY 2025) | -83.0% | Thane, Maharashtra, India | |||
| Sincere Vyapaar Pvt Ltd | ₹12,977 (FY 2016) | -100.0% | Kolkata, West Bengal, India | |||
| Karvy Estates Private Limited | ₹12,950 (FY 2024) | -65.0% | Mumbai, Maharashtra, India | |||
| Millenium Knit Private Limited | ₹12,662 (FY 2024) | 146.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of MC Retail Private Limited, buy the company report.
Auditor
MC Retail Private Limited is audited by R S KELKAR & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S KELKAR & CO | FY 2017 | 113342W |
Shareholding
The shareholding of MC Retail Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of MC Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2010 | 10232032 | The Royal Bank of Scotland N.V. | ₹6 Cr | Satisfied | |
| 22 Oct 2008 | 10131277 | Idbi Bank Limited | ₹27.5 Cr | Satisfied | |
| 02 May 2008 | 10105779 | Abn Amro Bank N. V. | ₹6 Cr | Satisfied | |
| 25 Apr 2007 | 10053808 | Abn Amro Bank N. V. | ₹2.5 Cr | Satisfied |
To see the full charge records of MC Retail Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
MC Retail Private Limited has 2 court cases on record: 1 filed by MC Retail, 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by Pr.Commissioner of Income Tax-1 | Pending |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of MC Retail 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 MC Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MC Retail has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM7597B1Z8 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MC Retail Private Limited, buy the company report.
Recent activity
MC Retail Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Deepak Shantaram Haryan ceased to be Additional Director on 30 Nov 2021.
10 earlier events are in the company report.
Frequently asked questions
MC Retail is an active private limited company based in Mumbai, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 23 May 2006 (20+ years old) and is registered under CIN U51311MH2006PTC162430.
MC Retail has 2 current directors:
- Deepak Shantaram Haryan - Director
- Nitin Sadanand Karkote - Director
The latest financial statements of MC Retail on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of MC Retail is 27AAECM7597B1Z8, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of MC Retail is U51311MH2006PTC162430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MC Retail has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
MC Retail was incorporated on 23 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of MC Retail by revenue are Greektone Garments Private Limited, Vaiben Exports Private Limited, Ramdoot Creations Private Limited, Federal Brands Limited, S A R Textiles Private Limited and 5 more, all in the Apparel industry (Apparel Retail and Distribution).
Deepak Shantaram Haryan ceased to be Additional Director on 30 Nov 2021. Umesh Damodhar Lokhande ceased to be Director on 29 Jul 2021. Deepak Shantaram Haryan was appointed as Director on 23 Jul 2021. MC Retail has 10 board changes on record in total.
Yes, MC Retail is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0072507).
The registered office of MC Retail is at 17 – 18 10th Floor Pinnacle Corporate Park G Block Bandra – Kurla Complex Bandra Ea, St, Mumbai, Maharashtra, India – 400051.