
About MSB Corporation Private Limited
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MSB Corporation Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the office and school supplies segment of the education sector. It was incorporated on 27 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51396MH2020PTC339132. Its GSTIN is 27AANCM3983C1Z7 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Prasanna Karunakar Shetty (Managing Director) and Pooja Renish Bhansali.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 114 Floor – 11 Plot – 220 Maker Chamber VI Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2022, the company reported a revenue of ₹7.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.7 Lakh (net margin 1.6%) and EBITDA of ₹24.92 Lakh (EBITDA margin 3.2%).
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
MSB Corporation Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0096774). For more details, the company can be reached via its website msbcorporation.com.
Company details
Recognitions & Rankings of MSB Corporation
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0096774
Contact details
MSB Corporation Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address114 Floor – 11 Plot – 220 Maker Chamber VI Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEducation, Office & School Supplies
- 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 MSB Corporation is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of MSB Corporation Private Limited, buy the company report.
Financials of MSB Corporation Private Limited
FY 2022 filings availableMSB Corporation Private Limited reported revenue of ₹7.89 Cr (up 2747% YoY) for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||
| EBITDA | ₹24.92 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12.7 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.2% | ||
| Net Profit Margin | 1.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of MSB Corporation Private Limited, buy the company report.
Board of directors of MSB Corporation Private Limited
MSB Corporation has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Karunakar Shetty | Managing Director | 10 Feb 2023 | 3 Years 8 Months | Current |
| Pooja Renish Bhansali | Director | 27 Mar 2020 | 6 Years 7 Months | Current |
| Raj Ravindrakumar Bhansali | Director | 27 Mar 2020 | 6 Years 7 Months | Current |
Peer comparison
MSB Corporation Private Limited is compared with the 7 companies closest to it by revenue in the Education industry (Office and School Supplies), 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 |
|---|---|---|---|---|---|---|
| Gujarat Book Agency Private Limited | ₹7.99 Cr (FY 2025) | -2.0% | Ahmedabad, Gujarat, India | |||
| Penrex Chrome Stationery Private Limited | ₹7.98 Cr (FY 2022) | 65.0% | Mumbai, Maharashtra, India | |||
| Prakash Teleservices Private Limited | ₹7.96 Cr (FY 2025) | -4.0% | Fatehgunj, Baroda2, Gujarat, India | |||
| Platinum Painting Essentials & Trading Private Limited | ₹7.94 Cr (FY 2025) | 11.0% | Bhiwandi, Maharashtra, India | |||
| MSB Corporation Private Limitedthis company | ₹7.89 Cr (FY 2022) | ₹12.7 Lakh | 1.6% | 2747.0% | Mumbai, Maharashtra, India | |
| Nirvikalpa Ventures Private Limited | ₹7.88 Cr (FY 2023) | 43.0% | Banaglore, Karnataka, India | |||
| Uboard Mobility Limited | ₹7.7 Cr (FY 2025) | 104.0% | New Delhi, Delhi, India | |||
| Leadermind Private Limited | ₹7.69 Cr (FY 2024) | -63.0% | Thane, Maharashtra, India |
To see the full peer comparison of MSB Corporation Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2021 | 100466969 | Bank of India | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
MSB Corporation Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS WARRENT CASES SW) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of MSB Corporation 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MSB Corporation Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MSB Corporation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCM3983C1Z7 | Maharashtra | Active | 09 Apr 2020 |
To see the full GST registrations and return filing status of MSB Corporation Private Limited, buy the company report.
Recent activity
MSB Corporation Private Limited has 7 board changes on record since 2020: 4 appointments and 3 cessations. The latest: Prasanna Karunakar Shetty was appointed as Managing Director on 10 Feb 2023.
Frequently asked questions
MSB Corporation is an active private limited company based in Mumbai, Maharashtra, India. The company works in office and school supplies, within the education industry. It was incorporated on 27 March 2020 (6+ years old) and is registered under CIN U51396MH2020PTC339132.
MSB Corporation has 3 current directors:
- Prasanna Karunakar Shetty - Managing Director
- Pooja Renish Bhansali - Director
- Raj Ravindrakumar Bhansali - Director
The latest financial statements of MSB Corporation on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The GSTIN of MSB Corporation is 27AANCM3983C1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of MSB Corporation is U51396MH2020PTC339132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSB Corporation has 4 court cases on record: 4 filed against it. 4 are pending.
MSB Corporation was incorporated on 27 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of MSB Corporation by revenue are Gujarat Book Agency Private Limited, Penrex Chrome Stationery Private Limited, Prakash Teleservices Private Limited, Platinum Painting Essentials & Trading Private Limited, Nirvikalpa Ventures Private Limited and 2 more, all in the Education industry (Office and School Supplies), with the same principal business activity (wholesale trading).
Prasanna Karunakar Shetty was appointed as Managing Director on 10 Feb 2023. Dilip Chandmal Bhandari ceased to be Additional Director on 31 May 2022. Gunwanti Dilip Bhandari ceased to be Additional Director on 31 May 2022. MSB Corporation has 7 board changes on record in total.
Yes, MSB Corporation is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, MSB Corporation is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0096774).

