About The Mobilestore Limited
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The Mobilestore Limited is a public limited company based in Thane, Maharashtra, India, a subsidiary of Impact Retailtech Fund Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 22 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH2006PLC160647. The company has 25 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹548.67 Cr. It was formerly known as Essar Telecom Retail Limited and Essar Retail Limited. It is led by directors including Ashwin Ashok Dhamapurkar and Viraj Vijay Patankar.
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 Thane, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹9 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6 Lakh (net margin -66.7%) and EBITDA of -₹15 Lakh (EBITDA margin -166.7%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 78% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹332 Cr and satisfied charges of ₹456.33 Cr on record. Court records list 109 cases involving the company, including 47 filed by the company and 62 filed against it; 9 cases are pending. The company has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹802.64 Cr; the latest was in March 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website themobilestore.in.
Company details
Name history
The Mobilestore has undergone 2 name changes throughout its history. The company was previously known as Essar Telecom Retail Limited, and Essar Retail Limited. The current legal name is The Mobilestore Limited.
| Company Name | Status |
|---|---|
| The Mobilestore Limited | Current |
| Essar Telecom Retail Limited | Previous |
| Essar Retail Limited | Previous |
Contact details
The Mobilestore Limited's registered office is in Thane, Maharashtra. Its website is themobilestore.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No 005 Swagat Bldg, Nr Surya Kiran Bldg B Shivaji Nagar, Thane, Maharashtra, India – 400602
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of The Mobilestore 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
Financials of The Mobilestore Limited
FY 2024 filings availableThe Mobilestore Limited reported revenue of ₹9 Lakh (up 800% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 800% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 78%. 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 | ₹9 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6 Lakh | ||||
| 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -166.7% | ||||
| Net Profit Margin | -66.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of The Mobilestore Limited, buy the company report.
Board of directors of The Mobilestore Limited
The Mobilestore has 3 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Ashok Dhamapurkar Also directs: Bhargava Properties Limited, Impact Retailtech Fund Private Limited, Ample Holdings Private Limited and 3 more | Additional Director | 28 Mar 2024 | 2 Years 7 Months | Current |
| Viraj Vijay Patankar Also directs: Bhargava Properties Limited, Impact Retailtech Fund Private Limited, Ample Holdings Private Limited and 3 more | Additional Director | 28 Mar 2024 | 2 Years 7 Months | Current |
| Shrikrushna Tukaram Wabale Also directs: Bhargava Properties Limited, Varmeshwar Properties Private Limited | Additional Director | 26 Apr 2024 | 2 Years 6 Months | Current |
Auditor
The Mobilestore Limited is audited by Rishi Sekhri and Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rishi Sekhri and Associates | FY 2022 | 128216W |
Shareholding
The shareholding of The Mobilestore Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of The Mobilestore Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2013 | 10465778 | The Mobilestore Services Limited. | ₹270 Cr | Open | |
| 05 Aug 2008 | 10118869 | State Bank of Patiala | ₹12 Cr | Open | |
| 07 Jul 2008 | 10114860 | State Bank of Patiala | ₹50 Cr | Open | |
| 22 Oct 2008 | 10133152 | Punjab National Bank as Lead Bank and as Per Annexure I | ₹275.67 Cr | Satisfied | |
| 22 Oct 2008 | 10133153 | Punjab National Bank and as Per Annexure I | ₹70.66 Cr | Satisfied |
To see the full charge records of The Mobilestore Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
The Mobilestore Limited has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹802.64 Cr; the latest was in March 2016.
Deals on record (4 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Essar Retail Holdings Limited & Hemantkumar Pandurang Taware, Essar Retail Holdings Limited & Jishu Krishna Mohanty |
| Mar 2010 | Funding round | ₹4.5 Cr | Investors: IL&FS Investment Managers |
| Jan 2008 | Secondary share transfer | Undisclosed | Buyer: Impact Retail Tech Fund Private Limited, Essar Retail Holdings Limited & Girish K Sathe, Essar Retail Holdings Limited & B Shivkumar Seller: Aaradhana Realties Limited , 3 individuals |
| Dec 2007 | Funding round | ₹282.79 Cr | Investors: Impact Retail Tech Fund Private Limited |
To see the full deal history of The Mobilestore 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
The Mobilestore Limited has 109 court cases on record: 47 filed by The Mobilestore, 62 filed against it. 9 cases are pending and 100 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 73 | 46 | 5 |
| High courts | 34 | 15 | 4 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 109)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Tyco Fire and Security India Pvt. Ltd. | Pending |
| District court, Amritsar, Punjab | Cheque dishonour complaint | Filed against the company by M/S S K R Distributors Pvt Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Tyco Fire and Security India Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Mer Cado Online Pvt Ltd and Ors | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed by the company against United India Insurance Co. Ltd. and Ors and 6 others | Disposed |
To see the full case history of The Mobilestore 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 The Mobilestore Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
The Mobilestore Limited has a workforce of 2 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
The Mobilestore has 25 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of The Mobilestore Limited, buy the company report.
Recent activity
The Mobilestore Limited has 33 board changes on record since 2009: 3 appointments and 30 cessations. The latest: Shrikrushna Tukaram Wabale was appointed as Additional Director on 26 Apr 2024.
36 earlier events are in the company report.
Frequently asked questions
The Mobilestore is an active public limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 22 March 2006 (20+ years old) and is registered under CIN U51900MH2006PLC160647.
The Mobilestore has 3 current directors:
- Ashwin Ashok Dhamapurkar - Additional Director
- Viraj Vijay Patankar - Additional Director
- Shrikrushna Tukaram Wabale - Additional Director
The latest financial statements of The Mobilestore 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.
No. The Mobilestore has 25 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of The Mobilestore is U51900MH2006PLC160647. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The Mobilestore has 109 court cases on record: 47 filed by the company and 62 filed against it. 9 are pending. Most are in the district courts.
The Mobilestore was incorporated on 22 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The Mobilestore has 7 deals on record (5 funding rounds, 2 secondary share transfers), with disclosed funding of ₹802.64 Cr; the latest was in March 2016.
Shrikrushna Tukaram Wabale was appointed as Additional Director on 26 Apr 2024. Sivarajan Seetharaman ceased to be Additional Director on 26 Apr 2024. Ashwin Ashok Dhamapurkar was appointed as Additional Director on 28 Mar 2024. The Mobilestore has 33 board changes on record in total.
The Mobilestore can be reached through the website themobilestore.in. Its registered office is in Thane, Maharashtra, India.
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