Openhand Retail Private Limited
About Openhand Retail Private Limited
Data last updated:
Openhand Retail Private Limited is a private limited company based in Chandigarh, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 29 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U52300CH2015PTC035793. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Sameer Mahajan (Managing Director) and Sushma Mahajan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 3036 Sbi Officers Society Sector 49 D, Chandigarh, India – 160047.
As per the financials filed for FY 2022, the company reported a revenue of ₹10,338, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹841 (net margin -8.1%) and EBITDA of -₹841 (EBITDA margin -8.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 38% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Openhand Retail Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3036 Sbi Officers Society Sector 49 D, Chandigarh, India – 160047
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Openhand 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 Openhand 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 Openhand Retail Private Limited, buy the company report.
Financials of Openhand Retail Private Limited
FY 2023 filings availableOpenhand Retail Private Limited reported revenue of ₹10,338 (down 11% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 11% fall in the latest year. EBITDA fell 63% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹10,338 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹841 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹841 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.1% | ||||
| Net Profit Margin | -8.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Openhand Retail Private Limited, buy the company report.
Board of directors of Openhand Retail Private Limited
Openhand Retail has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushma Mahajan | Whole-Time Director | 29 Oct 2015 | 10 Years 11 Months | Current |
| Sameer Mahajan | Managing Director | 29 Oct 2015 | 10 Years 11 Months | Current |
Peer comparison
Openhand Retail Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahamudra Agro Traders Private Limited | ₹10,398 (FY 2025) | -100.0% | Chennai, Tamil Nadu, India | |||
| GHNP Multi Projects Manufacturing and Trading Private Limited | ₹10,374 (FY 2025) | Noida, Uttar Pradesh, India | ||||
| Hrih Trading Private Limited | ₹10,365 (FY 2020) | Jalpaiguri, West Bengal, India | ||||
| Navaratna Spring Agro Products Private Limited | ₹10,354 (FY 2024) | -99.0% | Mandya, Karnataka, India | |||
| Meher Artquest Private Limited | ₹10,349 (FY 2021) | -99.0% | Mumbai, Maharashtra, India | |||
| Openhand Retail Private Limitedthis company | ₹10,338 (FY 2022) | -₹841 | -8.1% | -11.0% | Chandigarh, India | |
| Deem Real Estate Private Limited | ₹10,325 (FY 2024) | -41.0% | New Delhi, Delhi, India | |||
| Le'goodys Private Limited | ₹10,317 (FY 2025) | 208.0% | Kunnathunadu, Kerala, India | |||
| Overflow Vanijya Private Limited | ₹10,310 (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Clegant Solutions Private Limited | ₹10,308 (FY 2024) | Hyderabad, Telangana, India | ||||
| Crabel Commerce Limited | ₹10,300 (FY 2024) | 110.0% | Howrah, West Bengal, India |
To see the full peer comparison of Openhand Retail Private Limited, buy the company report.
Shareholding
The shareholding of Openhand Retail Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Openhand Retail Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Openhand Retail Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Openhand Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Openhand Retail has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Openhand Retail Private Limited, buy the company report.
Recent activity
Openhand Retail Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Sameer Mahajan was appointed as Managing Director on 29 Oct 2015.
Frequently asked questions
Openhand Retail is an active private limited company based in Chandigarh, India. The company works in retail trading, within the trading industry. It was incorporated on 29 October 2015 (11+ years old) and is registered under CIN U52300CH2015PTC035793.
Openhand Retail has 2 current directors:
- Sameer Mahajan - Managing Director
- Sushma Mahajan - Whole-Time Director
The latest financial statements of Openhand Retail on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
No. Openhand Retail has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Openhand Retail is U52300CH2015PTC035793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Openhand Retail was incorporated on 29 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Openhand Retail by revenue are Mahamudra Agro Traders Private Limited, GHNP Multi Projects Manufacturing and Trading Private Limited, Hrih Trading Private Limited, Navaratna Spring Agro Products Private Limited, Meher Artquest Private Limited and 5 more, all in the same principal business activity (retail trading).
Sameer Mahajan was appointed as Managing Director on 29 Oct 2015. Sushma Mahajan was appointed as Whole-Time Director on 29 Oct 2015.
The registered office of Openhand Retail is at 3036 Sbi Officers Society Sector 49 D, Chandigarh, India – 160047.
Openhand Retail operates in the trading industry, in the retail trading segment.
The compliance status of Openhand Retail is compliant as of 20 September 2026. The company is actively filing with the Registrar of Companies.