- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0012571

About MN Globex Private Limited
Data last updated:
MN Globex Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 04 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U24110MP1995PTC009658. Its GSTIN is 23AABCM1736F1ZY (Madhya Pradesh).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.02 Cr. It was formerly known as M.N. Capital Private Limited. It is led by directors including Vimal Singh Ghorawat and Prabha Devi Ghorawat.
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 412 – A City Centre 570 – Mg Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.37 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹39.34 Lakh (net margin 0.5%) and EBITDA of ₹1.86 Cr (EBITDA margin 2.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 24% over five years.
The company has about 22 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MN Globex. As per MCA filings, the company has open charges of ₹14.46 Cr on record. Court records list 21 cases involving the company, including 21 filed by the company; 10 cases are pending.
MN Globex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0012571). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mnglobex.in.
Company details
CIN history
MN Globex has one previous CIN (Corporate Identification Number): U65921MP1995PTC009658. The current CIN is U24110MP1995PTC009658, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110MP1995PTC009658 | Current |
| U65921MP1995PTC009658 | Previous |
Recognitions & Rankings of MN Globex
Contact details
MN Globex Private Limited's registered office is in Indore, Madhya Pradesh. Its website is mnglobex.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address412 – A City Centre 570 – Mg Road, Indore, Madhya Pradesh, India – 452001
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of MN Globex 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
MN Globex operates one associated brand: MN Globex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of pharmaceutical APIs, excipients, and chemicals. | mnglobex.in |
Business activity
The main business activity of MN Globex 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 MN Globex Private Limited, buy the company report.
Financials of MN Globex Private Limited
FY 2025 filings availableMN Globex Private Limited reported revenue of ₹74.37 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 28% 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 |
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| EBITDA | ₹1.86 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹39.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of MN Globex Private Limited, buy the company report.
Board of directors of MN Globex Private Limited
MN Globex has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vimal Singh Ghorawat Also directs: Sanchi Chemicals Pvt Ltd., Jito Indore Chapter Foundation | Director | 04 Jul 1995 | 31 Years 4 Months | Current |
| Prabha Devi Ghorawat | Director | 10 Apr 2004 | 22 Years 6 Months | Current |
| Chitta Ranjan Mohapatra | Director | 16 Jul 2013 | 13 Years 3 Months | Current |
| Sumit Ghorawat Also directs: Sanchi Chemicals Pvt Ltd., Shop Kirana E Trading Private Limited, Scaleuptech Solutions Private Limited and 1 more | Director | 05 Apr 2023 | 3 Years 7 Months | Current |
Peer comparison
MN Globex Private Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| Spectrum Petromac Private Limited | ₹75.04 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Jayco Agencies Private Limited | ₹74.55 Cr (FY 2025) | 18.0% | Delhi, India | |||
| K V Enterprises Private Ltd | ₹74.37 Cr (FY 2024) | -14.0% | Jalandhar, Punjab, India | |||
| MN Globex Private Limitedthis company | ₹74.37 Cr (FY 2025) | ₹39.34 Lakh | 0.5% | -8.0% | 22 | Indore, Madhya Pradesh, India |
| Dey Brothers Autofuel Pvt Ltd | ₹74.08 Cr (FY 2025) | -14.0% | Howrah, West Bengal, India | |||
| Joy Petrochem Private Limited | ₹74.04 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Sigma Organics and Chemicals Private Limited | ₹73.88 Cr (FY 2025) | -13.0% | Indore, Madhya Pradesh, India | |||
| Kusum Silicones Private Limited | ₹73.79 Cr (FY 2024) | 8.0% | Mumbai, Maharashtra, India | |||
| Yatee Traders Private Limited | ₹73.72 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of MN Globex Private Limited, buy the company report.
Auditor
MN Globex Private Limited is audited by Nagori Nuwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nagori Nuwal & Co. | FY 2023 | 08185C |
Shareholding
The shareholding of MN Globex 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 MN Globex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2021 | 100518257 | Bank of India | ₹20 Lakh | Open | |
| 01 Dec 2021 | 100514004 | Bank of India | ₹50 Lakh | Open | |
| 21 Jul 2020 | 100364071 | Bank of India | ₹37 Lakh | Open | |
| 01 Jul 2020 | 100347703 | Bank of India | ₹50 Lakh | Open | |
| 20 Feb 2020 | 100329699 | Bank of India | ₹24.75 Lakh | Open |
To see the full charge records of MN Globex Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
MN Globex Private Limited has 21 court cases on record: 21 filed by MN Globex. 10 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 0 | 10 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against M/S Sanket Agro Chemical | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against M/S Sanket Agro Chemical | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against M/S Aaditya Chemicals and Others | Pending |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against M/S. Sanket Agro Chemical | Pending |
| District court, Indore, Madhya Pradesh | Court case (UN CR) | Filed by the company against M/S Sanket Agro Chemical | Pending |
To see the full case history of MN Globex 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 MN Globex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MN Globex Private Limited has a workforce of 22 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
MN Globex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM1736F1ZY | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MN Globex Private Limited, buy the company report.
Recent activity
MN Globex Private Limited has 7 board changes on record since 1995: 4 appointments and 3 cessations. The latest: Sumit Ghorawat ceased to be Additional Director on 29 Sep 2023.
7 earlier events are in the company report.
Frequently asked questions
MN Globex is an active private limited company based in Indore, Madhya Pradesh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 04 July 1995 (31+ years old) and is registered under CIN U24110MP1995PTC009658.
MN Globex has 4 current directors:
- Vimal Singh Ghorawat - Director
- Prabha Devi Ghorawat - Director
- Chitta Ranjan Mohapatra - Director
- Sumit Ghorawat - Director
The latest financial statements of MN Globex 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 2015 are in the company report.
The GSTIN of MN Globex is 23AABCM1736F1ZY, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of MN Globex is U24110MP1995PTC009658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MN Globex has 21 court cases on record: 21 filed by the company. 10 are pending.
MN Globex was incorporated on 04 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of MN Globex by revenue are Spectrum Petromac Private Limited, Jayco Agencies Private Limited, K V Enterprises Private Ltd, Dey Brothers Autofuel Pvt Ltd, Joy Petrochem Private Limited and 3 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Sumit Ghorawat ceased to be Additional Director on 29 Sep 2023. Sumit Ghorawat was appointed as Director on 05 Apr 2023. Mahal Chand Ghorawat ceased to be Director on 22 May 2016. MN Globex has 7 board changes on record in total.
Yes, MN Globex is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0012571).
MN Globex can be reached through the website mnglobex.in. Its registered office is in Indore, Madhya Pradesh, India.

