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:
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
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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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
  • Paid Up Capital ₹ 459.29 Cr
  • Company Age 37 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 578.45 Cr
  • Satisfied Charges ₹ 8,887.95 Cr
  • Revenue Growth **** -7.12%
  • Profit Growth **** -36.82%
  • Ebitda **** -96.63%
  • Net Worth -22.78%
  • Total Assets **** 5.45%
Company report

More Retail Private Limited

Company Report FY 2025-2026

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.

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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%.

More Retail revenue growth over time
More Retail profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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-7.12%
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Revenue from Operations
*******
-7.41%
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*******
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Total Assets
*******
5.45%
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*******
Profit or Loss
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-36.82%
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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)
shareholding
  • 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
Deals i
Graph showing company valuation over time

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
Graph displaying rating trends over time

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
Alert Indicator

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.

  • Annual General Meeting

    The activity More Retail Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101131535 was registered on 28 Jul 2025. was recorded as a recent event.

  • Director Appointment

    The activity 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 completed.

  • Balance Sheet

    More Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 260.00 Cr with Charge ID 101028931 was registered on 12 Dec 2024. was completed.

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Recent News, Updates & Announcement

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Frequently Asked Questions
What is the CIN of More Retail Private Limited?

The CIN of More Retail Private Limited is U65990MH1988PTC048117.

Where is More Retail Private Limited headquartered?

More Retail Private Limited is headquartered at 12Th Floor, Wing E, Suite No. 2A, Times Square Building,, Marol, Andheri Kurla Road, Andheri East,, Mumbai, Maharashtra, 400059.

When was More Retail Private Limited incorporated?

More Retail Private Limited was incorporated on 14 July 1988.

Who are the current directors of More Retail Private Limited?

The current directors of More Retail Private Limited are

What is the primary industry of More Retail Private Limited?

The primary industry of More Retail Private Limited is Trade.

Is More Retail Private Limited a listed company?

More Retail Private Limited is unlisted.

What is the capital structure of More Retail Private Limited?

The authorized capital of More Retail Private Limited is ₹8,500.00 Cr, and the paid-up capital is ₹459.29 Cr.

What is the compliance status of More Retail Private Limited?

The compliance status of More Retail Private Limited is Compliant.

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