India's Richest People 2026 edition · 1 director · Source: Hurun India
- #824 Manish Pasi & family ₹3,700 Cr
Revenue · FY 2025
₹99.71 Cr
▼ 7% YoY
Net loss · FY 2025
₹25.44 Cr
Net margin -25.5%
EBITDA · FY 2025
-₹18.2 Cr
EBITDA margin -18.2%
Authorised capital
₹70 Cr
Registered with MCA
Paid-up capital
₹68.1 Cr
Issued & subscribed
Open charges
₹11.02 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
772
Provident fund records
About Miniklub Retail Private Limited
Data last updated:
Miniklub Retail Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of First Steps Babywear Private Limited. It operates in the online baby products retail segment of the e-commerce sector. It was incorporated on 16 March 2021 and has been in existence for over 5 years.
Its director Manish Pasi and family are #824 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U18209KA2021PTC145404. Its GSTIN is 29AAOCM4190Q1ZG (Karnataka). The company holds 18 GST registrations, of which 17 are active.
The company has an authorised share capital of ₹70 Cr and a paid-up capital of ₹68.1 Cr. It is led by directors Manish Pasi and Anjana Pasi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 17L 18th Cross Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2025, the company reported a revenue of ₹99.71 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹25.44 Cr (net margin -25.5%) and EBITDA of -₹18.2 Cr (EBITDA margin -18.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
The company has about 772 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.02 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹67 Cr; the latest was in May 2022.
For more details, the company can be reached via its website miniklub.in.
Company details
CIN U18209KA2021PTC145404
Registration Number 145404
Incorporation Date 16 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company First Steps Babywear Private Limited
Key People
Manish Pasi Director Anjana Pasi Director Recognitions & Rankings of Miniklub Retail
Contact details
Miniklub Retail Private Limited's registered office is in Bangalore, Karnataka. Its website is miniklub.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 17L 18th Cross Sector 3 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryE-Commerce, Online Baby Products Retail
To see the full contact details of Miniklub Retail Private Limited, buy the company report.
Comprehensive company report
Miniklub Retail Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Miniklub Retail 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 Miniklub Retail Private Limited, buy the company report.
Financials of Miniklub Retail Private Limited
FY 2025 filings availableMiniklub Retail Private Limited reported revenue of ₹99.71 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹99.71 Cr ▼ 7%
Net loss · FY 2025
₹25.44 Cr margin -25.5%
EBITDA · FY 2025
-₹18.2 Cr margin -18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▼ 442%
3 years · compounded
▼ 33%
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 442% 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 | ₹99.71 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹18.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.44 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 | -18.2% | ||||
| Net Profit Margin | -25.5% | ||||
| 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 Miniklub Retail Private Limited, buy the company report.
Board of directors of Miniklub Retail Private Limited
Miniklub Retail has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Pasi | Director | 16 Mar 2021 | 5 Years 7 Months | Current |
| Anjana Pasi | Director | 16 Mar 2021 | 5 Years 7 Months | Current |
Auditor
Miniklub Retail Private Limited is audited by Raghavan Chaudhuri & Narayanan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raghavan Chaudhuri & Narayanan | FY 2023 | 007761S |
Shareholding
The shareholding of Miniklub Retail Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Miniklub Retail Private Limited, buy the company report.
Charges & borrowings
Open charges
₹11.02 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2025 | 101089800 | Others | ₹2 Lakh | Open | |
| 08 Jul 2024 | 100952838 | Hdfc Bank Limited | ₹11 Cr | Open |
To see the full charge records of Miniklub Retail Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Miniklub Retail Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹67 Cr; the latest was in May 2022.
Total deals
1
Funding round
1
Disclosed funding
₹67 Cr
To see the full deal history of Miniklub Retail Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Miniklub Retail Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Total cases
2
Filed against the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by State- Legal Metrology Padgha Through Inspector S B Umbarkar | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by State of Maharashtra Through Shri Nitin M Goswami Inspector of Legal Metrology Thane 2 Division | Pending |
To see the full case history of Miniklub 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 Miniklub Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Miniklub Retail Private Limited has a workforce of 772 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
772
Active EPFO establishments
1
Employee growth
21.2%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 772 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Miniklub Retail Private Limited, buy the company report.
GST
Miniklub Retail has 18 GST registrations: 17 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
18
Active
17
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAOCM4190Q1ZG | Karnataka | Active | 12 Jun 2021 |
| 27AAOCM4190Q1ZK | Maharashtra | Active | 21 Aug 2021 |
| 08AAOCM4190Q1ZK | Rajasthan | Active | 31 Aug 2021 |
| 03AAOCM4190Q1ZU | Punjab | Active | 01 Sep 2021 |
To see the full GST registrations and return filing status of Miniklub Retail Private Limited, buy the company report.
Recent activity
Miniklub Retail Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Anjana Pasi was appointed as Director on 16 Mar 2021.
Charges
A charge with Hdfc Bank Limited of Rs. 11.00 Cr registered on 08 Jul 2024 with Charge ID 100952838 was modified on 26 Feb 2026.
AGM
Miniklub Retail Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.02 Cr with Charge ID 101089800 was registered on 29 Apr 2025.
Filing
Miniklub Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.00 Cr with Charge ID 100952838 was registered on 08 Jul 2024.
Appointed
Anjana Pasi was appointed as Director.
Appointed
Manish Pasi was appointed as Director.
Incorporation
16 Mar 2021
Miniklub Retail Private Limited was registered on 16 Mar 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.
Frequently asked questions
Miniklub Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in online baby products retail, within the e-commerce industry. It was incorporated on 16 March 2021 (5+ years old) and is registered under CIN U18209KA2021PTC145404.
Miniklub Retail has 2 current directors:
- Manish Pasi - Director
- Anjana Pasi - Director
The latest financial statements of Miniklub Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Miniklub Retail is 29AAOCM4190Q1ZG, registered in Karnataka. The company has 18 GST registrations in all, of which 17 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAOCM4190Q1ZK (Maharashtra), 08AAOCM4190Q1ZK (Rajasthan), 03AAOCM4190Q1ZU (Punjab).
The CIN (Corporate Identification Number) of Miniklub Retail is U18209KA2021PTC145404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Miniklub Retail has 2 court cases on record: 2 filed against it. 2 are pending.
Miniklub Retail was incorporated on 16 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Miniklub Retail has 1 deal on record (1 funding round), with disclosed funding of ₹67 Cr; the latest was in May 2022.
Anjana Pasi was appointed as Director on 16 Mar 2021. Manish Pasi was appointed as Director on 16 Mar 2021.
Miniklub Retail can be reached through the website miniklub.in. Its registered office is in Bangalore, Karnataka, India.
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