About Minosha India Limited
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Minosha India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 22 October 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74940MH1993PLC074694. Its GSTIN is 27AAACR4151J1ZE (Maharashtra). The company holds 28 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹132 Cr and a paid-up capital of ₹27.27 Cr. It was formerly known as Rpg Ricoh Limited and Ricoh India Limited. It is led by directors including Paolomi Kalpraj Dharamshi (Whole-Time Director) and Kalpraj Damji Dharamshi.
Its last annual general meeting (AGM) was held on 10 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹302.07 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹121.1 Cr (net margin -40.1%) and EBITDA of -₹3.03 Cr (EBITDA margin -1%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 8% over five years.
The company has about 350 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30.45 Cr and satisfied charges of ₹319.18 Cr on record. Court records list 277 cases involving the company, including 186 filed by the company and 92 filed against it; 38 cases are pending. The company has 11 deals on record (8 market trades, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,155 Cr; the latest was in July 2023. Its 3 peer companies in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Ramakrishna Electro Components Private Limited with revenue of ₹314.3 Cr. The company has 24 MSME Form 1 returns on record between 2018 and 2024, listing 1,250 overdue payments to 91 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minosha.in.
Company details
Name history
Minosha India has undergone 2 name changes throughout its history. The company was previously known as Rpg Ricoh Limited, and Ricoh India Limited. The current legal name is Minosha India Limited.
| Company Name | Status |
|---|---|
| Minosha India Limited | Current |
| Rpg Ricoh Limited | Previous |
| Ricoh India Limited | Previous |
CIN history
Minosha India has one previous CIN (Corporate Identification Number): L74940MH1993PLC074694. The current CIN is U74940MH1993PLC074694, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74940MH1993PLC074694 | Current |
| L74940MH1993PLC074694 | Previous |
Contact details
Minosha India Limited's registered office is in Mumbai, Maharashtra. Its website is minosha.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address218 2nd Floor Marathon Monte Plaza Opp P & T Colony, Madan Mohan Malviya Road Off Lbs Marg Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Minosha India 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
Business activity
The main business activities of Minosha India are trade and information and communication. In detail, this covers wholesale trading and other information & communication service activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Minosha India Limited, buy the company report.
Financials of Minosha India Limited
FY 2025 filings availableMinosha India Limited reported revenue of ₹302.07 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 9% fall 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 | -₹3.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹121.1 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1% | ||||
| Net Profit Margin | -40.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Minosha India Limited, buy the company report.
Board of directors of Minosha India Limited
Minosha India has 5 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpraj Damji Dharamshi Also directs: Quest Nextgen LLP, Minosha Print Solutions Private Limited, Minosha Project Private Limited and 2 more | Director | 24 Feb 2020 | 6 Years 7 Months | Current |
| Deepak Valji Gala Also directs: Minosha Print Solutions Private Limited | Director | 28 Feb 2020 | 6 Years 7 Months | Current |
| Arti Arvind Sanganeria Also directs: Minosha Print Solutions Private Limited | Director | 31 Jan 2020 | 6 Years 8 Months | Current |
| Kunal Mayur Khona | Director | 30 Dec 2024 | 1 Years 9 Months | Current |
| Paolomi Kalpraj Dharamshi | Whole-Time Director | 03 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Minosha India Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Products 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 |
|---|---|---|---|---|---|---|
| Ramakrishna Electro Components Private Limited | ₹314.3 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Minosha India Limitedthis company | ₹302.07 Cr (FY 2025) | -₹121.1 Cr | -40.1% | -9.0% | 350 | Mumbai, Maharashtra, India |
| Hicotronics Devices Private Limited | ₹298.13 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Mek Peripherals India Private Limited | ₹295.3 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Minosha India Limited, buy the company report.
Auditor
Minosha India Limited is audited by KKC & Associates LLP (formerly Khimji Kunverji & Co LLP) for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KKC & Associates LLP (formerly Khimji Kunverji & Co LLP) | FY 2025 | 105146W/ W100621 |
Shareholding
The shareholding of Minosha India Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minosha India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Apr 2025 | 101097247 | Others | ₹12 Cr | Open | |
| 02 Sep 1996 | 90156404 | The Siam Commercial Bank | ₹6.15 Cr | Open | |
| 02 Sep 1996 | 90159554 | The Siom Commercial Bank | ₹6.15 Cr | Open | |
| 02 Jun 1996 | 90159531 | The Siam Commercial Bank | ₹6.15 Cr | Open | |
| 24 Jun 2021 | 100453447 | Others | ₹115 Cr | Satisfied |
To see the full charge records of Minosha India Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Minosha India Limited has 11 deals on record (8 market trades, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,155 Cr; the latest was in July 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2023 | Secondary share transfer | Undisclosed | Seller: Others - Minosha India Limited |
| Jun 2014 | Market trade | ₹2.77 Cr | Seller: Vikabh Securities Private Limited |
| Feb 2013 | Market trade | ₹1.39 Cr | Seller: Pragya Equities Private Limited |
| Nov 2012 | Market trade | ₹2.28 Cr | Buyer: Globe Capital Market Limited |
| Oct 2012 | Market trade | ₹3.59 Cr | Seller: Jindal Securities Private Limited |
To see the full deal history of Minosha India 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
Minosha India Limited has 277 court cases on record: 186 filed by Minosha India, 92 filed against it. 38 cases are pending and 239 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 145 | 36 | 14 |
| District courts | 95 | 32 | 15 |
| NCLAT | 18 | 11 | 8 |
| Supreme Court | 13 | 9 | 1 |
| NCLT | 6 | 4 | 0 |
Cases on record (5 of 277)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Appeal | Filed against the company by M/S V2 Retail Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Ceat Ltd | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Fujifilm India Private Limited and 3 others | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Connect Residuary Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Linkstar Infosys Private Limited and 3 others | Pending |
To see the full case history of Minosha India 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
Minosha India Limited has 24 MSME Form 1 returns on record between 2018 and 2024, listing 1,250 overdue payments to 91 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 91)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Multi Modal Overseas Private Limited | |||
| Benir E Store Solutions Private Limited | |||
| Alchemist Softwares Private Limited | |||
| TPM Guru Private Limited | |||
| M/S Recyclico Waste Management |
To see the full MSME payment records of Minosha India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Minosha India Limited has a workforce of 350 employees on its EPFO records as of Sep 24, 2025, across 2 active EPFO establishments.
GST
Minosha India has 28 GST registrations: 13 active and 15 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR4151J1ZE | Maharashtra | Active | 01 Jul 2017 |
| 04AAACR4151J1ZM | Chandigarh | Active | 01 Jul 2017 |
| 07AAACR4151J1ZG | Delhi | Active | 01 Jul 2017 |
| 09AAACR4151J1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minosha India Limited, buy the company report.
Recent activity
Minosha India Limited has 65 board changes on record since 2001: 35 appointments and 30 cessations. The latest: Atul Ramniklal Thakker ceased to be Managing Director on 31 Mar 2025.
91 earlier events are in the company report.
News
Frequently asked questions
Minosha India is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 22 October 1993 (33+ years old) and is registered under CIN U74940MH1993PLC074694.
Minosha India has 5 current directors:
- Paolomi Kalpraj Dharamshi - Whole-Time Director
- Kalpraj Damji Dharamshi - Director
- Deepak Valji Gala - Director
- Arti Arvind Sanganeria - Director
- Kunal Mayur Khona - Director
The latest financial statements of Minosha India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 10 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Minosha India is 27AAACR4151J1ZE, registered in Maharashtra. The company has 28 GST registrations in all, of which 13 are active and 15 are cancelled or inactive. Other active GSTINs include 04AAACR4151J1ZM (Chandigarh), 07AAACR4151J1ZG (Delhi), 09AAACR4151J1ZC (Uttar Pradesh).
The CIN (Corporate Identification Number) of Minosha India is U74940MH1993PLC074694. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minosha India has 277 court cases on record: 186 filed by the company and 92 filed against it. 38 are pending. Most are in the high courts.
Minosha India was incorporated on 22 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Minosha India has 11 deals on record (8 market trades, 2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1,155 Cr; the latest was in July 2023.
The peers of Minosha India by revenue are Ramakrishna Electro Components Private Limited, Hicotronics Devices Private Limited, Mek Peripherals India Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Atul Ramniklal Thakker ceased to be Managing Director on 31 Mar 2025. Hemang Raichand Dharamshi ceased to be Director on 31 Mar 2025. Kunal Mayur Khona was appointed as Director on 30 Dec 2024. Minosha India has 65 board changes on record in total.
Minosha India has 24 MSME Form 1 returns on record between 2018 and 2024, listing 1,250 overdue payments to 91 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Minosha India can be reached through the website minosha.in. Its registered office is in Mumbai, Maharashtra, India.