- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-27-0001775

About Monopoly Innovations Limited
Data last updated:
Monopoly Innovations Limited is a public limited company based in Raigad, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 07 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15132MH2014PLC253906. Its GSTIN is 27AAJCM1426C1ZT (Maharashtra).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹16.71 Cr. It was formerly known as Myriad Innovations Private Limited. It is led by directors including Kamlesh Jain (Managing Director) and Balasubramanian Swaminathan.
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 42 – 45 Emerald Industrial Estate Dheku Taluka Khalapur, Raigad, Maharashtra, India – 410203.
As per the financials filed for FY 2024, the company reported a revenue of ₹189.97 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹13.74 Cr (net margin 7.2%) and EBITDA of ₹22.72 Cr (EBITDA margin 12%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 10% over five years.
The company is associated with 1 brand: Monopoly Innovations. As per MCA filings, the company has open charges of ₹14.9 Cr and satisfied charges of ₹24.23 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.47 Cr; the latest was in March 2025. Its 10 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 5 larger and 5 smaller; the largest is Sarna Chemicals Private Limited with revenue of ₹193.99 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 32 overdue payments to 6 micro and small suppliers.
Monopoly Innovations Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0001775). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website monopolyin.com.
Company details
Name history
Monopoly Innovations has undergone 2 name changes throughout its history. The company was previously known as Myriad Innovations Private Limited, and Monopoly Innovations Limited. The current legal name is Monopoly Innovations Limited.
| Company Name | Status |
|---|---|
| Monopoly Innovations Limited | Current |
| Myriad Innovations Private Limited | Previous |
CIN history
Monopoly Innovations has one previous CIN (Corporate Identification Number): U15132MH2014PTC253906. The current CIN is U15132MH2014PLC253906, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15132MH2014PLC253906 | Current |
| U15132MH2014PTC253906 | Previous |
Recognitions & Rankings of Monopoly Innovations
Contact details
Monopoly Innovations Limited's registered office is in Raigad, Maharashtra. Its website is monopolyin.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address42 – 45 Emerald Industrial Estate Dheku Taluka Khalapur, Raigad, Maharashtra, India – 410203
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Monopoly Innovations 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
Monopoly Innovations operates one associated brand: Monopoly Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures biodiesel, methyl esters, specialty chemicals, and vegetable oils. | monopolyin.com |
Financials of Monopoly Innovations Limited
FY 2024 filings availableMonopoly Innovations Limited reported revenue of ₹189.97 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 38% growth in the latest year. EBITDA rose 56% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹189.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.74 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12% | ||||
| Net Profit Margin | 7.2% | ||||
| 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 Monopoly Innovations Limited, buy the company report.
Board of directors of Monopoly Innovations Limited
Monopoly Innovations has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Jain | Managing Director | 19 May 2016 | 10 Years 5 Months | Current |
| Balasubramanian Swaminathan | Director | 12 Mar 2024 | 2 Years 7 Months | Current |
| Vishal Haren Zaveri | Director | 12 Mar 2024 | 2 Years 7 Months | Current |
| Vivek Vasant Phadke Also directs: Mayur Deep Ornaments Pvt Ltd | Director | 31 Aug 2024 | 2 Years 1 Months | Current |
Peer comparison
Monopoly Innovations Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarna Chemicals Private Limited | ₹193.99 Cr (FY 2025) | 32.0% | Vapi, Gujarat, India | |||
| Endeka Ceramics India Private Limited | ₹193.4 Cr (FY 2025) | 39.0% | Jayanagar, Bangalore, Karnataka, India | |||
| Vasant Chemicals Private Ltd. | ₹191.96 Cr (FY 2025) | 61.0% | Hyderabad, Telangana, India | |||
| Indo Borax & Chemicals Limited | ₹190.85 Cr (FY 2025) | -6.0% | Mumbai, Maharashtra, India | |||
| Narmada Gelatines Limited | ₹190.57 Cr (FY 2025) | 4.0% | Jabalpur, Madhya Pradesh, India | |||
| Monopoly Innovations Limitedthis company | ₹189.97 Cr (FY 2024) | ₹13.74 Cr | 7.2% | 38.0% | Raigad, Maharashtra, India | |
| Cosmo Speciality Chemicals Private Limited | ₹188.95 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Speciality Industrial Polymers and Coatings Private Limited | ₹187.41 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Mohit Paper Mills Limited | ₹186.75 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Multi Organics Private Limited | ₹185.7 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Anmol Polymers Private Limited | ₹180.03 Cr (FY 2025) | -3.0% | Delhi, India |
To see the full peer comparison of Monopoly Innovations Limited, buy the company report.
Auditor
Monopoly Innovations Limited is audited by Masd & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Masd & Co. | FY 2024 | 146249W |
Shareholding
The shareholding of Monopoly Innovations Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monopoly Innovations Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Sep 2018 | 100212526 | Abhyudaya Co-Operative Bank Limited | ₹14.9 Cr | Open | |
| 12 Oct 2020 | 100393502 | Abhyudaya Co-Operative Bank Limited | ₹51.9 Lakh | Satisfied | |
| 29 Sep 2020 | 100377837 | Abhyudaya Co-Operative Bank Limited | ₹1 Cr | Satisfied | |
| 13 Aug 2019 | 100281402 | Abhyudaya Co-Operative Bank Limited | ₹90 Lakh | Satisfied | |
| 13 Aug 2019 | 100281407 | Abhyudaya Co-Operative Bank Limited | ₹1 Cr | Satisfied |
To see the full charge records of Monopoly Innovations Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Monopoly Innovations Limited has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.47 Cr; the latest was in March 2025.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Giriraj Stock Broking Private Limited , 3 individuals |
| Oct 2024 | Funding round | ₹2.14 Cr | Investors: 4 individuals |
| Jun 2024 | Funding round | ₹4.1 Cr | Investors: Bhutra Ventures Private Limited , Giriraj Stock Broking Private Limited , Abhisek Bhutra Huf |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Tirupati Industries India Limited & Hitesh M Jhaveri, Tirupati Industries India Limited & Jyotiram S Nale, Tirupati Industries India Limited & Alka K Karani |
| Dec 2014 | Funding round | ₹37.7 Lakh | Investors: Tirupati Industries (India) Limited |
To see the full deal history of Monopoly Innovations 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
Monopoly Innovations Limited has 2 court cases on record: 1 filed by Monopoly Innovations, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Abhyudaya Co Op Bank Ltd Through Its Authorized Officer Mrs Jyoti Duraphe | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union of India | Pending |
To see the full case history of Monopoly Innovations 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
Monopoly Innovations Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 32 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Savy Trade and Renewables Private Limited | |||
| Meru Chem Private Limited | |||
| Alpha Industries | |||
| Jyoti Global Plast Private Limited |
To see the full MSME payment records of Monopoly Innovations Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Monopoly Innovations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM1426C1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Monopoly Innovations Limited, buy the company report.
Recent activity
Monopoly Innovations Limited has 16 board changes on record since 2015: 7 appointments and 9 cessations. The latest: Vivek Vasant Phadke was appointed as Director on 31 Aug 2024.
25 earlier events are in the company report.
Frequently asked questions
Monopoly Innovations is an active public limited company based in Raigad, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 07 March 2014 (12+ years old) and is registered under CIN U15132MH2014PLC253906.
Monopoly Innovations has 4 current directors:
- Kamlesh Jain - Managing Director
- Balasubramanian Swaminathan - Director
- Vishal Haren Zaveri - Director
- Vivek Vasant Phadke - Director
The latest financial statements of Monopoly Innovations 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 2015 are in the company report.
The GSTIN of Monopoly Innovations is 27AAJCM1426C1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Monopoly Innovations is U15132MH2014PLC253906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monopoly Innovations has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Monopoly Innovations was incorporated on 07 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Monopoly Innovations has 11 deals on record (6 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹11.47 Cr; the latest was in March 2025.
The peers of Monopoly Innovations by revenue are Sarna Chemicals Private Limited, Endeka Ceramics India Private Limited, Vasant Chemicals Private Ltd, Indo Borax & Chemicals Limited, Narmada Gelatines Limited and 5 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vivek Vasant Phadke was appointed as Director on 31 Aug 2024. Balasubramanian Swaminathan ceased to be Additional Director on 30 Aug 2024. Vishal Haren Zaveri ceased to be Additional Director on 30 Aug 2024. Monopoly Innovations has 16 board changes on record in total.
Yes, Monopoly Innovations is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-27-0001775).
Monopoly Innovations has 12 MSME Form 1 returns on record between 2019 and 2024, listing 32 overdue payments to 6 micro and small suppliers. The latest return was filed on 12 Apr 2024.