About Standard Retail Private Limited
Data last updated:
Standard Retail Private Limited is a private 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 05 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2010PTC202778. Its GSTIN is 27AAOCS2064H1Z4 (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹3.82 Cr. It is led by directors Nikunj Mansukhlal Turakhia and Parth Nikunj Turakhia.
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 A – 1302 Floor – 13 A Wing Naman Midtown Elphinstone Road Prabhadevi, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹385.44 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹2.83 Cr (net margin 0.7%) and EBITDA of ₹10.03 Cr (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 17% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹250 Cr and satisfied charges of ₹50 Cr on record. Court records list 29 cases involving the company, including 27 filed by the company and 2 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website standardgroupindia.in.
Company details
Contact details
Standard Retail Private Limited's registered office is in Mumbai, Maharashtra. Its website is standardgroupindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 1302 Floor – 13 A Wing Naman Midtown Elphinstone Road Prabhadevi, Mumbai, Maharashtra, India – 400013
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Standard Retail Private 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 activity of Standard Retail is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Standard Retail Private Limited, buy the company report.
Financials of Standard Retail Private Limited
FY 2024 filings availableStandard Retail Private Limited reported revenue of ₹385.44 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 17%. EBITDA fell 12% 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 | ₹10.03 Cr | ||||
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| Net Profit (PAT) | ₹2.83 Cr | ||||
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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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| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Standard Retail Private Limited, buy the company report.
Board of directors of Standard Retail Private Limited
Standard Retail has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikunj Mansukhlal Turakhia Also directs: Nakshatra Life Styles LLP, Stan-Pro Roofings LLP, True Vision Developers LLP and 5 more | Director | 05 May 2010 | 16 Years 5 Months | Current |
| Parth Nikunj Turakhia | Director | 20 Aug 2014 | 12 Years 2 Months | Current |
Auditor
Standard Retail Private Limited is audited by Manish Modi and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Manish Modi and Associates | FY 2023 | 120780W |
Shareholding
The shareholding of Standard Retail Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Standard Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2014 | 10515928 | Bank of India | ₹30 Cr | Open | |
| 08 May 2014 | 10501631 | Sbicap Trustee Company Limited | ₹220 Cr | Open | |
| 23 Jan 2020 | 100322455 | Yes Bank Limited | ₹25 Cr | Satisfied | |
| 05 Jun 2019 | 100272055 | Yes Bank Limited | ₹25 Cr | Satisfied |
To see the full charge records of Standard Retail Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Standard Retail Private Limited has 29 court cases on record: 27 filed by Standard Retail, 2 filed against it. 5 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 2 | 5 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Capri Global Capital Ltd. | Pending |
| District court, Indore, Madhya Pradesh | Court case (EX B) | Filed by the company against Bagherwal Electrodes Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Metcraft Alloys Pvt. Ltd. and 4 others | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against M/S. Ravechi Steel Pvt. Ltd. and 2 others | Pending |
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed by the company against Ankur Iron India Pvt Ltd Ors. | Disposed |
To see the full case history of Standard Retail Private 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.
Credit ratings & regulatory alerts
Standard Retail Private Limited was last rated by Icra on 03 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Mar 2022 |
To see the full credit ratings and regulatory alerts of Standard Retail Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Standard Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Standard Retail has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Stanco Steels Private Limited | U27109MH2022PTC374986 | |
| Stanpro Coated Steels Private Limited | U27300MH2017PTC300383 |
To see the full group structure of Standard Retail Private Limited, buy the company report.
GST
Standard Retail has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS2064H1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 23AAOCS2064H1ZC | Madhya Pradesh | Active | 01 Jul 2017 |
| 33AAOCS2064H1ZB | Tamil Nadu | Active | 17 Aug 2018 |
| 22AAOCS2064H1ZE | Chhattisgarh | Active | 14 Oct 2021 |
To see the full GST registrations and return filing status of Standard Retail Private Limited, buy the company report.
Recent activity
Standard Retail Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Parth Nikunj Turakhia ceased to be Additional Director on 30 Sep 2014.
3 earlier events are in the company report.
Frequently asked questions
Standard Retail is an active private 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 05 May 2010 (16+ years old) and is registered under CIN U51101MH2010PTC202778.
Standard Retail has 2 current directors:
- Nikunj Mansukhlal Turakhia - Director
- Parth Nikunj Turakhia - Director
The latest financial statements of Standard Retail 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 Standard Retail is 27AAOCS2064H1Z4, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAOCS2064H1ZC (Madhya Pradesh), 33AAOCS2064H1ZB (Tamil Nadu), 22AAOCS2064H1ZE (Chhattisgarh).
The CIN (Corporate Identification Number) of Standard Retail is U51101MH2010PTC202778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Standard Retail has 29 court cases on record: 27 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Standard Retail was incorporated on 05 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Parth Nikunj Turakhia ceased to be Additional Director on 30 Sep 2014. Koduvayur Muthusubramanian Sethuraman ceased to be Director on 20 Aug 2014. Parth Nikunj Turakhia was appointed as Director on 20 Aug 2014. Standard Retail has 5 board changes on record in total.
Standard Retail can be reached through the website standardgroupindia.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Standard Retail is at A – 1302 Floor – 13 A Wing Naman Midtown Elphinstone Road Prabhadevi, Mumbai, Maharashtra, India – 400013.
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