More Retail Profile
Key Indicators
- Authorised Capital ₹ 8,500.00 Cr
- Paid Up Capital ₹ 439.56 Cr
- Company Age 36 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 507.45 Cr
- Satisfied Charges ₹ 8,388.95 Cr
- Revenue Growth -7.12%
- Profit Growth -36.82%
- Ebitda -96.63%
- Net Worth -22.78%
- Total Assets 5.45%
About More Retail
More Retail Private Limited (MRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 July 1988 and has a history of 36 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as More Retail Limited. The Company is engaged in the Consumer Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8,500.00 Cr and a paid-up capital of Rs 439.56 Cr.
The company currently has active open charges totaling ₹507.45 Cr. The company has closed loans amounting to ₹8,388.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at More Retail Private Limited India are Supratim Banerjee as CFO and Ranjana Saboo as Company Secretary. Girish Bhat, Vikram Agarwal, and Vinod Nambiar serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U65990MH1988PTC048117
- Company No.
048117
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Jul 1988
- Date of AGM
21 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does More Retail Private Limited offer?
More Retail Private Limited offers a wide range of products and services, including Fresh Vegetables, Leaf Vegetables, Root Vegetables, Beetroot, Fresh Fruits, Kiwi, Tomato.
Who are the key members and board of directors at More Retail?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Supratim Banerjee | CFO | 15-Feb-2024 | Current |
Vinod Nambiar  | Managing Director | 12-Feb-2021 | Current |
| Ranjana Saboo | Company Secretary | 07-Jul-2022 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikram Agarwal | Director | 28-Mar-2019 | Current |
| Girish Bhat | Director | 28-Mar-2019 | Current |
Financial Performance of More Retail.
More Retail Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.12% decrease. The company also saw a substantial fall in profitability, with a 36.82% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of More Retail?
In 2022, More Retail had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
More Consumer Brands Private LimitedGirish Bhat, Vikram Agarwal and 1 more are mutual person
Qrg Medicare Private LimitedGirish Bhat is a mutual person
Paradise Food Court Private LimitedGirish Bhat is a mutual person
Edme Insurance Brokers LimitedVikram Agarwal is a mutual person
Sapphire Foods India LimitedVikram Agarwal and Vinod Nambiar are mutual person
North East Health Care Private LimitedGirish Bhat is a mutual person
Charges (Loans)
₹507.45 Cr
₹8,388.95 Cr
Charges Breakdown by Lending Institutions
- Others : 507.34 Cr
- Andhra Bank : 0.07 Cr
- Union Bank Of India : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Apr 2023 | Others | ₹8.34 Cr | Open |
| 13 Apr 2023 | Others | ₹499.00 Cr | Open |
| 04 Dec 1996 | Union Bank Of India | ₹0.50 M | Open |
| 10 Feb 1992 | Andhra Bank | ₹0.65 M | Open |
| 06 Oct 2022 | Others | ₹75.00 Cr | Satisfied |
How Many Employees Work at More Retail?
More Retail has a workforce of 9436 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of More Retail, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped More Retail's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
