Monani Business Services Private Limited
About Monani Business Services Private Limited
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Monani Business Services Private Limited is a private limited company based in Porbandar, Gujarat, India. It operates in the footwear retail and distribution segment of the consumer goods sector. It was incorporated on 24 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51399GJ2000PTC037235. Its GSTIN is 24AACCM6525B1ZY (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25.86 Lakh. It was formerly known as Monani Money Changers Private Limited. It is led by directors Niraj Kantilal Monani and Vidish Niraj Monani.
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 Opp.Hotel Natraj M.G.Road, Porbandar, Gujarat, India – 360575.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.07 Lakh. For the same year it recorded a net profit of ₹3.3 Lakh (net margin 81.2%) and EBITDA of ₹4 Lakh (EBITDA margin 98.4%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 35% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Monani Business Services Private Limited's registered office is in Porbandar, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOpp.Hotel Natraj M.G.Road, Porbandar, Gujarat, India – 360575
- IndustryConsumer Goods, Footwear Retail & Distribution
To see the full contact details of Monani Business Services 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 Monani Business Services Private Limited
FY 2025 filings availableMonani Business Services Private Limited reported revenue of ₹4.07 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹3.3 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 98.4% | ||||
| Net Profit Margin | 81.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Monani Business Services Private Limited, buy the company report.
Board of directors of Monani Business Services Private Limited
Monani Business Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Kantilal Monani | Director | 24 Jan 2000 | 26 Years 9 Months | Current |
| Vidish Niraj Monani Also directs: Bestbid Technologies LLP | Director | 15 Feb 2025 | 1 Years 8 Months | Current |
Peer comparison
Monani Business Services Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Footwear Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mikaya Brands Private Limited | ₹4.47 Lakh (FY 2024) | -73.0% | Ahmedabad, Gujarat, India | |||
| Rouse Fashions Private Limited | ₹4.11 Lakh (FY 2023) | 1298.0% | Delhi, India | |||
| Monani Business Services Private Limitedthis company | ₹4.07 Lakh (FY 2024) | ₹3.3 Lakh | 81.2% | Porbandar, Gujarat, India | ||
| Overflow Vinimay Private Limited | ₹4.02 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Monani Business Services Private Limited, buy the company report.
Auditor
Monani Business Services Private Limited is audited by Akash Ratandhara & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Akash Ratandhara & Associates | FY 2023 | 604844 |
Shareholding
The shareholding of Monani Business Services 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 Monani Business Services Private Limited, buy the company report.
Legal cases
Monani Business Services Private Limited has 1 court case on record: 1 filed by Monani Business Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Porbandar, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Monani Business Services 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 Monani Business Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Monani Business Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCM6525B1ZY | Gujarat | Active | 29 Jul 2019 |
To see the full GST registrations and return filing status of Monani Business Services Private Limited, buy the company report.
Recent activity
Monani Business Services Private Limited has 7 board changes on record since 2000: 3 appointments and 4 cessations. The latest: Vidish Niraj Monani ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Monani Business Services is an active private limited company based in Porbandar, Gujarat, India. The company works in footwear retail and distribution, within the consumer goods industry. It was incorporated on 24 January 2000 (26+ years old) and is registered under CIN U51399GJ2000PTC037235.
Monani Business Services has 2 current directors:
- Niraj Kantilal Monani - Director
- Vidish Niraj Monani - Director
The latest financial statements of Monani Business Services 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 Monani Business Services is 24AACCM6525B1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Monani Business Services is U51399GJ2000PTC037235. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monani Business Services has 1 court case on record: 1 filed by the company.
Monani Business Services was incorporated on 24 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Monani Business Services by revenue are Mikaya Brands Private Limited, Rouse Fashions Private Limited, Overflow Vinimay Private Limited, all in the Consumer Products industry (Footwear Retail and Distribution), with the same principal business activity (retail trading).
Vidish Niraj Monani ceased to be Additional Director on 29 Sep 2025. Monani Lalji Kantilal ceased to be Director on 15 Feb 2025. Vidish Niraj Monani was appointed as Director on 15 Feb 2025. Monani Business Services has 7 board changes on record in total.
The registered office of Monani Business Services is at Opp.Hotel Natraj M.G.Road, Porbandar, Gujarat, India – 360575.
Monani Business Services operates in the consumer goods industry, in the footwear retail and distribution segment.
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