More Retail Private Limited

Leading Indian retailer offering a wide range of groceries, home essentials, and kitchen products.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated:

More Retail Profile

Key Indicators

  • Authorised Capital ₹ 8,500.00 Cr
  • Paid Up Capital ₹ 446.80 Cr
  • Company Age 36 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 568.45 Cr
  • Satisfied Charges ₹ 8,887.95 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 nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Aditya Birla 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 2024. It's a company limited by shares with an authorized capital of Rs 8,500.00 Cr and a paid-up capital of Rs 446.80 Cr.

The company currently has active open charges totaling ₹568.45 Cr. The company has closed loans amounting to ₹8,887.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at More Retail Private Limited India are Ranjana Saboo as COMPANY SECRETARY and Supratim Banerjee as Cfo. Vikram Agarwal, Vinod Nambiar, and Girish Bhat 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

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Services

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.

Company report

More Retail Private Limited

Explore comprehensive data for More Retail Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at More Retail?

Executive Team (3)

NameDesignationAppointment DateStatus
Ranjana Saboo Company Secretary16-Sep-2024Current
Vinod Nambiar Country flag representing In Managing Director12-Feb-2021Current
Supratim Banerjee CFO15-Feb-2024Current

Board Members (2)

NameDesignationAppointment DateStatus
Vikram Agarwal Country flag representing In Director 28-Mar-2019Current
Girish Bhat Country flag representing In Director 28-Mar-2019Current

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%.

More Retail revenue growth over time
More Retail profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-7.12%
Revenue from Operations
-7.41%
Total Assets
5.45%
Profit or Loss
-36.82%
Net Worth
-22.78%
EBITDA
-96.63%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹568.45 Cr

Satisfied Charges

₹8,887.95 Cr

Charges Breakdown by Lending Institutions

  • Others : 568.34 Cr
  • Andhra Bank : 0.07 Cr
  • Union Bank Of India : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2024Others₹300.00 CrOpen
12 Dec 2024Others₹260.00 CrOpen
13 Apr 2023Others₹8.34 CrOpen
04 Dec 1996Union Bank Of India₹0.50 MOpen
10 Feb 1992Andhra Bank₹0.65 MOpen

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.

Employee growth trends for More Retail Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on More Retail

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 260.00 Cr with Charge ID 101028931 was registered on 12 Dec 2024.

  • Charges

    A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101026957 was registered on 12 Dec 2024.

  • Charges

    A charge with Others of Rs. 300.00 Cr registered on 12 Dec 2024 with Charge ID 101026957 was modified on 12 Dec 2024.

  • Charges

    A charge registered on 13 Apr 2023 via Charge ID 100734114 with Others was fully satisfied on 09 Dec 2024.

  • Annual General Meeting

    More Retail Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Director Appointment

    Ranjana Saboo was appointed as a Company Secretary was appointed as a Company Secretary on 16 Sep 2024 & has been associated with this company since 6 months 29 days .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of More Retail Private Limited?

    More Retail Private Limited was incorporated on 14 Jul 1988.

  • What is authorized share capital and paid-up capital of More Retail Private Limited?

    The authorized share capital of More Retail Private Limited is ₹ 8,500.00 Cr and paid-up capital is ₹ 446.80 Cr.

  • Who are the current board members & directors of More Retail Private Limited?

    Currently 5 directors are associated with More Retail Private Limited.

    • Vikram Ranjan Agarwal
    • Ranjana Saboo
    • Vinod Nambiar
    • Girish Manjanath Bhat
    • Supratim Banerjee

  • What is the registered address of More Retail Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of More Retail Private Limited is 5Th Floor Skyline Icon 86/92 Andheri Kurla Road Near Mittal Industrial Estate, Andheri ( East) India, Mumbai, Maharashtra, 400059.

  • What is the corporate identification number (CIN) and company number of More Retail Private Limited?

    The corporate identification number (CIN) of More Retail Private Limited is U65990MH1988PTC048117 and the company number is 048117 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of More Retail Private Limited?

    The Official website of More Retail Private Limited is https://www.moreretail.in

  • What has been the recent revenue trend for More Retail Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for More Retail Private Limited has fallen by -7.12%.

  • How many employees does More Retail Private Limited currently have?

    As Per 2023 financial reports, 9436 employees are currently employed by More Retail Private Limited.

  • What change has been observed in the net worth of More Retail Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of More Retail Private Limited has experienced an downturn of -22.78%.

  • What are the total open charges for More Retail Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for More Retail Private Limited amount to ₹ 568.45 Cr.

  • When was the last Balance Sheet of More Retail Private Limited filed with the ROC?

    The most recent Balance Sheet for More Retail Private Limited was filed with the ROC on 31 Mar 2024.

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