About Net Distribution Services Private Limited
Data last updated:
Net Distribution Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 05 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U52100MH2010PTC200589. Its GSTIN is 27AADCN2268B1ZQ (Maharashtra). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Mukund Ranganath Malagi and Ajay Miglani.
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 A302 Dipti Classic 32/34 Suren Road Andheri(East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹270.96 Cr, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹2.84 Cr (net margin 1%) and EBITDA of ₹5.01 Cr (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 11% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Enchanteur, Caprese Bags and The Paradise Tree. As per MCA filings, the company has open charges of ₹23 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 1 case involving the company. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in May 2016. Its 10 peer companies in the Ecommerce and Internet industry (Watches and Jewellery) are compared by revenue, 5 larger and 5 smaller; the largest is Raja & Co Overseas Private Limited with revenue of ₹426.47 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ndslindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA302 Dipti Classic 32/34 Suren Road Andheri(East), Mumbai, Maharashtra, India – 400093
- IndustryE-Commerce, Online Electronics Retail
- 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
- One PDF report, delivered after checkout
Business Activity of Net Distribution Services Private Limited
The main business activity of Net Distribution Services is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Net Distribution Services Private Limited FY 2025 filings available
Net Distribution Services Private Limited reported revenue of ₹270.96 Cr (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Net Distribution Services Private Limited
Revenue fell 53% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 15% 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 of Net Distribution Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.84 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Net Distribution Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Net Distribution Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Net Distribution Services Private Limited
Net Distribution Services Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Watches and Jewellery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raja & Co Overseas Private Limited | ₹426.47 Cr (FY 2022) | •••• | •••• | -7.0% | •••• | Amritsar, Punjab, India |
| Govind Dande and Sons Private Limited | ₹393.66 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Nashik, Maharashtra, India |
| Zimson Times Private Limited | ₹357.99 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Coimbatore, Tamil Nadu, India |
| Goenka Glitteratii Private Limited | ₹320.91 Cr (FY 2025) | •••• | •••• | 111.0% | •••• | Mumbai, Maharashtra, India |
| Kamal Watch Company Private Limited | ₹281.07 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Hyderabad, Telangana, India |
| Net Distribution Services Private Limited this company | ₹270.96 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Mumbai, Maharashtra, India |
| WHP Jewellers Ecommerce Private Limited | ₹267.11 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Mumbai, Maharashtra, India |
| Anopchand Tilokchand Jewellers Private Limited | ₹265.69 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Raipur, Chhattisgarh, India |
| Ostwal Jewels Private Limited | ₹257.08 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Chennai, Tamil Nadu, India |
| Shreenavratna Bullions Private Limited | ₹244.53 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Aurangabad, Maharashtra, India |
| Fateh Chand Bansi Lal Jewellers Private Limited | ₹216.26 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Ambala, Haryana, India |
Peers are the five companies nearest above and the five nearest below Net Distribution Services by revenue in the Ecommerce and Internet industry (Watches and Jewellery), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Net Distribution Services Private Limited
Net Distribution Services Private Limited is audited by LATHI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LATHI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Net Distribution Services Private Limited
Net Distribution Services has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukund Ranganath Malagi Also directs: Ten X Commerce LLP | Director | 05 Mar 2010 | 16 Years 7 Months | Current |
| Ajay Miglani | Director | 17 Jun 2011 | 15 Years 3 Months | Current |
| Ranjit Narayan Pai Also directs: Ten X Commerce LLP | Director | 05 Mar 2010 | 16 Years 7 Months | Current |
Ownership and Shareholding of Net Distribution Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Net Distribution Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2024 | Indian Bank | ₹23 Cr | Open |
| 17 Dec 2011 | Indian Bank | ₹1.5 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Net Distribution Services Private Limited
Net Distribution Services Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in May 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Oct 2011 | Funding round | ₹24 Lakh | Investors: 3 individuals |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Net Distribution Services Private Limited
Net Distribution Services Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Company is another party | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Net Distribution Services Private Limited
Net Distribution Services operates multiple associated brands including Enchanteur, Caprese Bags, and The Paradise Tree. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a brand offering beauty and personal care products for everyday wellness. | enchanteur.in | |
| Caprese sells women's fashion bags, slings, and accessories online. | capresebags.com | |
| Offers natural Ayurvedic skincare and beauty products through online e-commerce platform. | theparadisetree.in |
Employees and EPFO Compliance at Net Distribution Services Private Limited
Net Distribution Services Private Limited has a workforce of 103 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Net Distribution Services Private Limited
Net Distribution Services Private Limited has 3 board changes on record since 2010: 3 appointments. The latest: Ajay Miglani was appointed as Director on 17 Jun 2011.
Credit Ratings, Litigation & Regulatory Alerts for Net Distribution Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Net Distribution Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Net Distribution Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Net Distribution Services Private Limited
Net Distribution Services has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN2268B1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 27AADCN2268B2ZP | Maharashtra | Active | 18 Sep 2020 |
| 27AADCN2268B3ZO | Maharashtra | Active | 03 Oct 2020 |
| 29AADCN2268B1ZM | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Net Distribution Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Net Distribution Services Private Limited
Net Distribution Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 05 March 2010 (16+ years old) and is registered under CIN U52100MH2010PTC200589.
Net Distribution Services reported revenue of ₹270.96 Cr for FY 2025 (down 53% YoY).
Net Distribution Services has 3 current directors:
- Mukund Ranganath Malagi - Director
- Ajay Miglani - Director
- Ranjit Narayan Pai - Director
Net Distribution Services reported a net profit of ₹2.84 Cr (net margin 1%) and EBITDA of ₹5.01 Cr (EBITDA margin 1.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Net Distribution Services is -25% over three years and 11% over five years. In the latest year (FY 2025) revenue fell 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Net Distribution Services is 27AADCN2268B1ZQ, registered in Maharashtra. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 27AADCN2268B2ZP (Maharashtra), 27AADCN2268B3ZO (Maharashtra), 29AADCN2268B1ZM (Karnataka).
The CIN (Corporate Identification Number) of Net Distribution Services is U52100MH2010PTC200589. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Net Distribution Services has 1 court case on record.
Net Distribution Services was incorporated on 05 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Net Distribution Services has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in May 2016.
The peers of Net Distribution Services by revenue are Raja & Co Overseas Private Limited, Govind Dande and Sons Private Limited, Zimson Times Private Limited, Goenka Glitteratii Private Limited, Kamal Watch Company Private Limited and 5 more, all in the Ecommerce and Internet industry (Watches and Jewellery).