More Retail Private Limited - Company Profile

It is a consumer services private limited company based in Mumbai, Maharashtra, India, established in 1988.

1988 Mumbai, Maharashtra, India Active

Last Updated: January 06, 2026

About More Retail Private Limited

More Retail Private Limited, a active private limited company, was established on 14 July 1988 in Mumbai, Maharashtra, India. Engaging in hypermarkets & large retail chains within the trade sector, it holds CIN: U65990MH1988PTC048117. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹8,500.00 Cr and a paid-up capital of ₹459.29 Cr.

Formerly known as Aditya Birla Retail Limited, Pushpak Finance And Investments Limited. It upholds a compliant status. Employing 9,436 professional, Its leadership includes Supratim Banerjee (Cfo), Vinod Nambiar (Managing Director), Vikram Ranjan Agarwal (Director). Past directors included Atul Daga, Vikram Dhondu Rao, Pranab Barua. It holds ₹578.45 Cr open charges and ₹8,887.95 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 12Th Floor, Wing E, Suite No. 2A, Times Square Building,, Marol, Andheri Kurla Road, Andheri East,, Mumbai, Maharashtra, 400059.

Company Details

CIN/LLPIN
U65990MH1988PTC048117
Registration Number
048117
Incorporation Date
14 July 1988
Authorized Capital
₹8,500.00 Cr
Paid-Up Capital
₹459.29 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 8,500.00 Cr as on 06-01-2026
Paid Up Capital ₹ 459.29 Cr as on 06-01-2026
Company Age 37 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 578.45 Cr as on 06-01-2026
Satisfied Charges ₹ 8,887.95 Cr as on 06-01-2026
Revenue Growth **** -7.12% (FY 2023)
Profit Growth **** -36.82% (FY 2023)
Ebitda **** -96.63% (FY 2023)
Net Worth -22.78% (FY 2023)
Total Assets **** 5.45% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into More Retail Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report

Who are the key members and board of directors at More Retail Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Supratim Banerjee	Cfo	01 Feb 2024	Current
Vinod Nambiar	Managing Director	12 Feb 2021	Current
Vikram Ranjan Agarwal	Director	28 Mar 2019	Current
Karan Mehrotra	Additional Director	17 Dec 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Cfo	30 Nov 2014	Past
Pramod Abcsdd	Director	22 Apr 2008	Past
Pramod Abcsdd	Director	01 Apr 2012	Past
Pramod Abcsdd	Director	12 Feb 2021	Past
Pramod Abcsdd	Company Secretary	31 Jan 2015	Past
Pramod Abcsdd	Ceo(Kmp)	03 Jul 2014	Past

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Financial Performance of More Retail.

More Retail Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.12% decrease. The company also saw a substantial fall in profitability, with a 36.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.78%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-7.12%

*******

Revenue from Operations

*******

-7.41%

*******

Total Assets

*******

5.45%

*******

Profit or Loss

*******

-36.82%

*******

Net Worth

*******

-22.78%

*******

EBITDA

*******

-96.63%

*******

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What is the Ownership and Shareholding Structure of More Retail?

In 2023, More Retail had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹5,784,520,500.00

Satisfied Charges

₹88,879,535,000.00

Charges Breakdown by Lending Institutions

Others : 578.34 Cr
Andhra Bank : 0.07 Cr
Union Bank Of India : 0.05 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Jul 2025	Others	₹10.00 Cr	Open
12 Dec 2024	Others	₹300.00 Cr	Open
12 Dec 2024	Others	₹260.00 Cr	Open
13 Apr 2023	Others	₹8.34 Cr	Open
04 Dec 1996	Union Bank Of India	₹0.50 M	Open

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How Many Employees Work at More Retail?

More Retail has a workforce of 9436 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of More Retail, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped More Retail's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on More Retail

Recent Activity within the Organization

Director Appointment

Karan Mehrotra was appointed as a Additional Director was appointed as a Additional Director on 17 Dec 2025 & has been associated with this company since 1 month 26 days . was recorded as a recent event.
17 Dec 2025
Annual General Meeting

Progress on More Retail Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.
30 Sep 2025
Charges

Progress on A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101131535 was registered on 28 Jul 2025. was documented.
28 Jul 2025
Director Appointment

Sonakshi Jatin Mishra was appointed as a Company Secretary was appointed as a Company Secretary on 21 Apr 2025 & has been associated with this company since 9 months 24 days . was recorded as a recent event.
21 Apr 2025
Balance Sheet

The activity More Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Charges

Progress on A charge with Others amounted to Rs. 260.00 Cr with Charge ID 101028931 was registered on 12 Dec 2024. was documented.
12 Dec 2024

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