Nano Minpro Private Limited
About Nano Minpro Private Limited
Data last updated:
Nano Minpro Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 August 2006.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2006PTC164025. Its GSTIN is 27AACCN3642G1ZL (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.02 Cr. It is led by directors including Kanchan Tandon and Navin Khandelwal (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹42.51 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net profit of ₹3.81 Lakh (net margin 0.1%) and EBITDA of ₹15.59 Lakh (EBITDA margin 0.4%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in March 2017. Its 6 peer companies in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is V K Creations Private Limited with revenue of ₹42.67 Cr.
Company details
Contact details
Nano Minpro Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit 2 Swastik Motors Near Shiv Prabha Building Asalpha Ghatkopar Link Road Ghatkopar W, Est, Mumbai, Maharashtra, India – 400084
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Nano Minpro 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 Nano Minpro 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 Nano Minpro Private Limited, buy the company report.
Financials of Nano Minpro Private Limited
FY 2019 filings availableNano Minpro Private Limited reported revenue of ₹42.51 Cr (down 74% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over three years, including a 74% fall in the latest year. EBITDA fell 91% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹42.51 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹15.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.81 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.4% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nano Minpro Private Limited, buy the company report.
Board of directors of Nano Minpro Private Limited
Nano Minpro has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanchan Tandon Also directs: Sun Siesta Tradecom Investments Private Limited | Director | 02 Mar 2015 | 11 Years 8 Months | As last reported |
| Navin Khandelwal Also directs: Mangla Engineering Limited | Irp/Rp/Liquidator | 22 May 2023 | 3 Years 5 Months | As last reported |
| Ravindra Dattatray Zagade | Additional Director | 11 Aug 2022 | 4 Years 2 Months | As last reported |
| Raj Tandon Shyam Also directs: Energevo Spark Meghalaya Private Limited, Spark Electro Solar (India) Private Limited, Realls Developers Private Limited and 5 more | Director | 11 Jun 2019 | 7 Years 4 Months | As last reported |
Peer comparison
Nano Minpro Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Textile 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 |
|---|---|---|---|---|---|---|
| V K Creations Private Limited | ₹42.67 Cr (FY 2024) | -9.0% | Surat, Gujarat, India | |||
| Rastogi Sales Private Limited | ₹42.58 Cr (FY 2025) | 9.0% | Jaipur, Rajasthan, India | |||
| Navkar Techtex Limited | ₹42.57 Cr (FY 2025) | 35.0% | New Delhi, Delhi, India | |||
| Nano Minpro Private Limitedthis company | ₹42.51 Cr (FY 2019) | ₹3.81 Lakh | 0.1% | -74.0% | Mumbai, Maharashtra, India | |
| Goel Cotts Private Limited | ₹42.48 Cr (FY 2025) | 30.0% | Delhi, India | |||
| Pring Fashions Private Limited | ₹42.38 Cr (FY 2025) | -7.0% | Chivatam, Andhra Pradesh, India | |||
| A R Fabrics Private Limited | ₹42.28 Cr (FY 2024) | 26.0% | Krishna Nagar, Delhi, India |
To see the full peer comparison of Nano Minpro Private Limited, buy the company report.
Auditor
Nano Minpro Private Limited is audited by VIVEK A JAIN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIVEK A JAIN & CO | FY 2019 | 140483W |
Shareholding
The shareholding of Nano Minpro Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nano Minpro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2013 | 10436187 | Punjab National Bank | ₹10 Cr | Satisfied |
To see the full charge records of Nano Minpro Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Nano Minpro Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in March 2017.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Green Financial Services Private Limited , an individual |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2013 | Funding round | ₹1.95 Cr | Investors: 4 individuals |
| Mar 2013 | Funding round | ₹3.6 Lakh | Investors: 2 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Deokinandan Kanodia Huf, Ashish Kanodia Huf, 2 individuals Seller: 2 individuals |
To see the full deal history of Nano Minpro Private 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
Nano Minpro Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (S W) | Filed against the company by Income Tax Department | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Nano Minpro 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 Nano Minpro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nano Minpro has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN3642G1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nano Minpro Private Limited, buy the company report.
Recent activity
Nano Minpro Private Limited has 16 board changes on record since 2013: 4 appointments and 12 cessations. The latest: Navin Khandelwal was appointed as Irp/Rp/Liquidator on 22 May 2023.
9 earlier events are in the company report.
Frequently asked questions
Nano Minpro is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Nano Minpro is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 August 2006 and is registered under CIN U74999MH2006PTC164025. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nano Minpro has 4 current directors:
- Kanchan Tandon - Director
- Ravindra Dattatray Zagade - Additional Director
- Raj Tandon Shyam - Director
- Navin Khandelwal - Irp/Rp/Liquidator
The latest financial statements of Nano Minpro on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nano Minpro is U74999MH2006PTC164025. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nano Minpro has no open charges and satisfied charges of ₹10 Cr as per latest MCA filings.
Nano Minpro has 2 court cases on record: 2 filed against it. 1 is pending.
Nano Minpro was incorporated on 24 August 2006. It is registered with the Registrar of Companies, Mumbai.
Nano Minpro has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.99 Cr; the latest was in March 2017.
The peers of Nano Minpro by revenue are V K Creations Private Limited, Rastogi Sales Private Limited, Navkar Techtex Limited, Goel Cotts Private Limited, Pring Fashions Private Limited and 1 more, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Navin Khandelwal was appointed as Irp/Rp/Liquidator on 22 May 2023. Ravindra Dattatray Zagade was appointed as Additional Director on 11 Aug 2022. Shivam Tandon ceased to be Whole-Time Director on 09 Feb 2020. Nano Minpro has 16 board changes on record in total.
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