- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0222743

About New Manak Overseas Limited
Data last updated:
New Manak Overseas Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 09 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1996PLC097135. Its GSTIN is 27AAACM4811G1ZR (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹25 Lakh. It was formerly known as Manak Overseas Limited. It is led by directors including Satish Jawahar Kanungo and Darshil Satish Kanungo.
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 44 C P Tank Road2 Nd Floor, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹64,534, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹10.35 Lakh and EBITDA of -₹5.74 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 90% over three years.
As per MCA filings, the company has satisfied charges of ₹17.5 Cr on record. Court records list 15 cases involving the company, including 9 filed by the company and 6 filed against it; 1 case is pending.
New Manak Overseas Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0222743). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manakgroup.com.
Company details
CIN history
New Manak Overseas has one previous CIN (Corporate Identification Number): L51900MH1996PLC097135. The current CIN is U51900MH1996PLC097135, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1996PLC097135 | Current |
| L51900MH1996PLC097135 | Previous |
Recognitions & Rankings of New Manak Overseas
Contact details
New Manak Overseas Limited's registered office is in Mumbai, Maharashtra. Its website is manakgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address44 C P Tank Road2 Nd Floor, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of New Manak Overseas 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 New Manak Overseas Limited
FY 2025 filings availableNew Manak Overseas Limited reported revenue of ₹64,534 (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 90% over three years, including a 96% fall in the latest year. EBITDA fell 155% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | -₹5.74 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.35 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of New Manak Overseas Limited, buy the company report.
Board of directors of New Manak Overseas Limited
New Manak Overseas has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Jawahar Kanungo Also directs: New Manak Metalloys Limited, Ratnajyot Urban LLP, Manak Metal & Tradings Private Limited and 2 more | Director | 09 Feb 1996 | 30 Years 8 Months | Current |
| Darshil Satish Kanungo Also directs: New Manak Metalloys Limited, Manak Metal & Tradings Private Limited, Kanungo Trading & Metals Private Limited and 1 more | Director | 05 May 2017 | 9 Years 5 Months | Current |
| Jaya Jawahar Kanungo Also directs: New Manak Metalloys Limited | Director | 09 Feb 1996 | 30 Years 8 Months | Current |
Peer comparison
New Manak Overseas Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anurag Iron Products Private Limited | ₹66,000 (FY 2025) | Nagpur, Maharashtra, India | ||||
| Headline Publication & Media Private Limited | ₹66,000 (FY 2024) | -33.0% | Delhi, India | |||
| New Manak Overseas Limitedthis company | ₹64,534 (FY 2025) | -₹10.35 Lakh | -96.0% | Mumbai, Maharashtra, India | ||
| Krishna Iron Foundry & Metal Works Pvt Ltd | ₹64,200 (FY 2025) | -49.0% | Asnasol, West Bengal, India | |||
| Nilkanth Vyapaar Private Limited | ₹63,300 (FY 2024) | 5.0% | Kolkata, West Bengal, India | |||
| Softlink Distributors Private Limited | ₹62,500 (FY 2023) | 5.0% | Kolkata, West Bengal, India | |||
| R.R. Rolling Mills Pvt Ltd | ₹60,612 (FY 2025) | -33.0% | West Bengal, India |
To see the full peer comparison of New Manak Overseas Limited, buy the company report.
Auditor
New Manak Overseas Limited is audited by PRANAV BOTHRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRANAV BOTHRA & CO | FY 2023 | 139064W |
Shareholding
The shareholding of New Manak Overseas 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of New Manak Overseas Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2006 | 10030410 | Others | ₹14.5 Cr | Satisfied | |
| 30 Oct 2002 | 90159136 | Uti Bank Ltd | ₹3 Cr | Satisfied |
To see the full charge records of New Manak Overseas Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
New Manak Overseas Limited has 15 court cases on record: 9 filed by New Manak Overseas, 6 filed against it. 1 case is pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 6 | 1 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Aar Cube Enterprise LLP | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S. DGM Tubes Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Aar Cube Enterprise LLP | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S. Twenty First Century Wire Rods Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S. Shri. Mahaveer Metal and 2 others | Pending |
To see the full case history of New Manak Overseas 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
New Manak Overseas Limited has 9 MSME Form 1 returns on record between 2013 and 2021, listing 16 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| DC Bothra & Co LLP | |||
| an individual supplier | |||
| Shripal Metal Limited |
To see the full MSME payment records of New Manak Overseas Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
New Manak Overseas has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM4811G1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New Manak Overseas Limited, buy the company report.
Recent activity
New Manak Overseas Limited has 7 board changes on record since 1996: 3 appointments and 4 cessations. The latest: Darshil Satish Kanungo ceased to be Additional Director on 29 Sep 2017.
4 earlier events are in the company report.
Frequently asked questions
New Manak Overseas is an active public limited company based in Mumbai, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 09 February 1996 (30+ years old) and is registered under CIN U51900MH1996PLC097135.
New Manak Overseas has 3 current directors:
- Satish Jawahar Kanungo - Director
- Darshil Satish Kanungo - Director
- Jaya Jawahar Kanungo - Director
The latest financial statements of New Manak Overseas 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 New Manak Overseas is 27AAACM4811G1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of New Manak Overseas is U51900MH1996PLC097135. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Manak Overseas has 15 court cases on record: 9 filed by the company and 6 filed against it. 1 is pending. Most are in the district courts.
New Manak Overseas was incorporated on 09 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of New Manak Overseas by revenue are Anurag Iron Products Private Limited, Headline Publication & Media Private Limited, Krishna Iron Foundry & Metal Works Pvt Ltd, Nilkanth Vyapaar Private Limited, Softlink Distributors Private Limited and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Darshil Satish Kanungo ceased to be Additional Director on 29 Sep 2017. Bhavana Satish Kanungo ceased to be Director on 06 Jun 2017. Darshil Satish Kanungo was appointed as Director on 05 May 2017. New Manak Overseas has 7 board changes on record in total.
Yes, New Manak Overseas is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0222743).
New Manak Overseas has 9 MSME Form 1 returns on record between 2013 and 2021, listing 16 overdue payments to 3 micro and small suppliers. The latest return was filed on 13 May 2021.
New Manak Overseas can be reached through the website manakgroup.com. Its registered office is in Mumbai, Maharashtra, India.

