MN Globex Private Limited - chemicals and materials in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U24110MP1995PTC009658 Incorporated 04 July 1995 ROC Gwalior HQ Indore, Madhya Pradesh, India
Active Private Limited Company chemicals and materials MSME · Small
Data last updated
Revenue · FY 2025
₹74.37 Cr
▼ 8% YoY
Net profit · FY 2025
₹39.34 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹1.86 Cr
EBITDA margin 2.5%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹5.02 Cr
Issued & subscribed
Open charges
₹14.46 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Employees · EPFO
22
Provident fund records

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 U24110MP1995PTC009658
Registration Number 009658
Incorporation Date 04 July 1995
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0012571

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.

CINStatus
U24110MP1995PTC009658Current
U65921MP1995PTC009658Previous

Recognitions & Rankings of MN Globex

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MP-23-0012571

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
  • Registered Address
    412 – A City Centre 570 – Mg Road, Indore, Madhya Pradesh, India – 452001
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of MN Globex Private Limited, buy the company report.

Comprehensive company report
MN Globex 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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Brands

MN Globex operates one associated brand: MN Globex. Each brand links to its own profile.

BrandDescriptionWebsite
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 codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale 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 available

MN Globex Private Limited reported revenue of ₹74.37 Cr (down 8% YoY) for FY 2025.

Revenue · FY 2025
₹74.37 Cr ▼ 8%
Net profit · FY 2025
₹39.34 Lakh margin 0.5%
EBITDA · FY 2025
₹1.86 Cr margin 2.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 9%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 1%
5 years · compounded
▲ 18%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.86 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹39.34 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin2.5%
Net Profit Margin0.5%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vimal Singh GhorawatDirector04 Jul 199531 Years 4 MonthsCurrent
Prabha Devi GhorawatDirector10 Apr 200422 Years 6 MonthsCurrent
Chitta Ranjan MohapatraDirector16 Jul 201313 Years 3 MonthsCurrent
Sumit GhorawatDirector05 Apr 20233 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh0.5%-8.0%22Indore, 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 firmFinancial yearFirm registration number
Nagori Nuwal & Co.FY 202308185C

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹14.46 Cr
Satisfied charges
None
Breakdown by lending institutions
Bank of India₹14.46 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Dec 2021100518257Bank of India₹20 LakhOpen
01 Dec 2021100514004Bank of India₹50 LakhOpen
21 Jul 2020100364071Bank of India₹37 LakhOpen
01 Jul 2020100347703Bank of India₹50 LakhOpen
20 Feb 2020100329699Bank of India₹24.75 LakhOpen

To see the full charge records of MN Globex Private Limited, buy the company report.

Total charge records: 8 View all charges

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.

Employee count
22
Active EPFO establishments
1
Employee growth
10%

GST

MN Globex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
23AABCM1736F1ZYMadhya PradeshActive01 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.

AGM
Mn Globex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mn Globex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Bank Of India of Rs. 11.50 Cr registered on 22 Sep 2010 with Charge ID 10246535 was modified on 27 Aug 2024.
Ceased
Sumit Ghorawat ceased to be Additional Director.
Appointed
Sumit Ghorawat was appointed as Director.
Charges
A charge with Bank Of India amounted to Rs. 0.20 Cr with Charge ID 100518257 was registered on 18 Dec 2021.
Charges
A charge with Bank Of India amounted to Rs. 0.50 Cr with Charge ID 100514004 was registered on 01 Dec 2021.
Charges
A charge with Bank Of India amounted to Rs. 0.37 Cr with Charge ID 100364071 was registered on 21 Jul 2020.
Charges
A charge with Bank Of India amounted to Rs. 0.50 Cr with Charge ID 100347703 was registered on 01 Jul 2020.
Charges
A charge with Bank Of India amounted to Rs. 0.25 Cr with Charge ID 100329699 was registered on 20 Feb 2020.
Ceased
Mahal Chand Ghorawat ceased to be Director.
Ceased
Chitta Ranjan Mohapatra ceased to be Additional Director.

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:

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.