- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0016335

MD Retail India Private Limited
About MD Retail India Private Limited
Data last updated:
MD Retail India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 08 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U52399KA2015PTC079715. Its GSTIN is 29AAJCM6858Q1ZA (Karnataka). The company holds 10 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.51 Cr. It is led by directors including Vinay Manohar Chatlani and Sandeep Manohar Chatlani.
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 No.14 Bachamal Road Cox Town, Bangalore, Karnataka, India – 560005.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.33 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹4.57 Cr (net margin -14.6%) and EBITDA of -₹2.87 Cr (EBITDA margin -9.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
The company has about 135 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹36 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
MD Retail India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0016335). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of MD Retail India
Contact details
MD Retail India Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.14 Bachamal Road Cox Town, Bangalore, Karnataka, India – 560005
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of MD Retail India 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
Business activity
The main business activity of MD Retail India is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of MD Retail India Private Limited, buy the company report.
Financials of MD Retail India Private Limited
FY 2024 filings availableMD Retail India Private Limited reported revenue of ₹31.33 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 9% fall in the latest year. EBITDA fell 268% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹2.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.57 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.2% | ||||
| Net Profit Margin | -14.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of MD Retail India Private Limited, buy the company report.
Board of directors of MD Retail India Private Limited
MD Retail India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Manohar Chatlani | Director | 08 Apr 2015 | 11 Years 6 Months | Current |
| Sandeep Manohar Chatlani | Director | 08 Apr 2015 | 11 Years 6 Months | Current |
| Manohar Dayaram Chatlani | Director | 08 Apr 2015 | 11 Years 6 Months | Current |
Auditor
MD Retail India Private Limited is audited by MRNM & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MRNM & CO | FY 2023 | 013072S |
Shareholding
The shareholding of MD Retail India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MD Retail India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2023 | 100798714 | Others | ₹2 Cr | Satisfied | |
| 15 Dec 2016 | 100100912 | Hdfc Bank Limited | ₹15 Cr | Satisfied | |
| 08 Dec 2016 | 100077595 | Others | ₹2 Cr | Satisfied | |
| 10 Dec 2015 | 10626665 | Others | ₹15 Cr | Satisfied | |
| 09 Nov 2015 | 100023457 | Others | ₹2 Cr | Satisfied |
To see the full charge records of MD Retail India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
MD Retail India Private Limited has 3 court cases on record: 3 filed by MD Retail India. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Assistant Commissioner | Pending |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against an individual | Disposed |
To see the full case history of MD Retail India 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.
Credit ratings & regulatory alerts
MD Retail India Private Limited was last rated by Crisil on 30 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Oct 2019 |
To see the full credit ratings and regulatory alerts of MD Retail India Private Limited, buy the company report.
MSME payment delays
MD Retail India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 227 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rush Productions LLP | |||
| Classic Marketing- M | |||
| an individual supplier | |||
| Blazo Clothing Manufacturing Company Private Limited | |||
| Topller Lifestyle Fashions Private Limited |
To see the full MSME payment records of MD Retail India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
MD Retail India Private Limited has a workforce of 135 employees on its EPFO records as of Mar 23, 2024, across 1 active EPFO establishment.
GST
MD Retail India has 10 GST registrations: 1 active and 9 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM6858Q1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MD Retail India Private Limited, buy the company report.
Recent activity
MD Retail India Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Manohar Dayaram Chatlani was appointed as Director on 08 Apr 2015.
5 earlier events are in the company report.
Frequently asked questions
MD Retail India is an active private limited company based in Bangalore, Karnataka, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 08 April 2015 (11+ years old) and is registered under CIN U52399KA2015PTC079715.
MD Retail India has 3 current directors:
- Vinay Manohar Chatlani - Director
- Sandeep Manohar Chatlani - Director
- Manohar Dayaram Chatlani - Director
The latest financial statements of MD Retail India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of MD Retail India is 29AAJCM6858Q1ZA, registered in Karnataka. The company has 10 GST registrations in all, of which 1 is active and 9 are cancelled or inactive.
The CIN (Corporate Identification Number) of MD Retail India is U52399KA2015PTC079715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MD Retail India has 3 court cases on record: 3 filed by the company. 1 is pending.
MD Retail India was incorporated on 08 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Manohar Dayaram Chatlani was appointed as Director on 08 Apr 2015. Sandeep Manohar Chatlani was appointed as Director on 08 Apr 2015. Vinay Manohar Chatlani was appointed as Director on 08 Apr 2015.
Yes, MD Retail India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0016335).
MD Retail India has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 227 overdue payments to 25 micro and small suppliers. The latest return was filed on 10 Jun 2024.
The registered office of MD Retail India is at No.14 Bachamal Road Cox Town, Bangalore, Karnataka, India – 560005.

