Maai World Electricals & Electronics Private Limited

Sells electronic fittings and fixtures, incorporated in 2016, based in Mumbai.

2016 | Mumbai, Maharashtra (India) | Active
Last Updated: December 30, 2024

Maai World Electricals & Electronics Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.00 Cr
  • Revenue Growth -35.93%
  • Profit Growth -20.04%
  • Ebitda -181.14%
  • Net Worth 41.72%
  • Total Assets 2.87%

About Maai World Electricals & Electronics

Maai World Electricals & Electronics Private Limited (MWEEPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 June 2016 (Eight years and seven months 18 days old ). Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹6.00 Cr.

Hitesh Kariya and Kiran Karia serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2016PTC282422

  • Company No.

    282422

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Maai World Electricals & Electronics Private Limited offer?

Maai World Electricals & Electronics Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, LED Lights, Domestic Fans, AC & Coolers, Ceiling Fans, LED Bulb, Table Fan, Garden & Landscaping Products, Garden Lighting, Electric Fans, Street, Flood and Commercial Lights.

Who are the key members and board of directors at Maai World Electricals & Electronics?

Board Members (2)

Name Designation Appointment Date Status
Hitesh Kariya Country flag representing In Director 15-Jun-2016 Current
Kiran Karia Country flag representing In Director 15-Jun-2016 Current

Financial Performance of Maai World Electricals & Electronics.

Maai World Electricals & Electronics Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 35.93% decrease. The company also saw a substantial fall in profitability, with a 20.04% decrease in profit. The company's net worth Soared by an impressive increase of 41.72%.

Graph illustrating revenue growth over time
Graph showing 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
-35.93%
Revenue from Operations
-51.12%
Total Assets
2.87%
Profit or Loss
-20.04%
Net Worth
41.72%
EBITDA
-181.14%

What is the Ownership and Shareholding Structure of Maai World Electricals & Electronics?

Unlock access to Maai World Electricals & Electronics's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 6.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Mar 2021 Others ₹1.00 Cr Open
16 Sep 2016 Others ₹5.00 Cr Open

How Many Employees Work at Maai World Electricals & Electronics?

Maai World Electricals & Electronics has a workforce of 4 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maai World Electricals & Electronics, 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 Maai World Electricals & Electronics'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 Maai World Electricals & Electronics

Recent activity within the organization

  • Annual General Meeting

    Maai World Electricals & Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Maai World Electricals & Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 10.00 M registered on 30 Mar 2021 with Charge ID 100463241 was modified on 08 Feb 2022.

    08 Feb 2022

  • Charges

    A charge with Others of Rs. 50.00 M registered on 16 Sep 2016 with Charge ID 100054623 was modified on 08 Feb 2022.

    08 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100463241 was registered on 30 Mar 2021.

    30 Mar 2021

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100054623 was registered on 16 Sep 2016.

    16 Sep 2016

Frequently asked questions

  • Maai World Electricals & Electronics Private Limited was incorporated on 15 Jun 2016.

  • The authorized share capital of Maai World Electricals & Electronics Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Maai World Electricals & Electronics Private Limited.

    • Hitesh Ramjibhai Kariya
    • Kiran Ramjibhai Karia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maai World Electricals & Electronics Private Limited is Flat No. 501 West Wind Apartment L.M.Road Navagoan, Dahisar (West) India, Mumbai, Maharashtra, 400068.

  • The corporate identification number (CIN) of Maai World Electricals & Electronics Private Limited is U74999MH2016PTC282422 and the company number is 282422 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maai World Electricals & Electronics Private Limited is https://www.maaiworld.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Maai World Electricals & Electronics Private Limited has fallen by -35.93%.

  • As Per 2022 financial reports, 4 employees are currently employed by Maai World Electricals & Electronics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Maai World Electricals & Electronics Private Limited has experienced an upsurge of 41.72%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Maai World Electricals & Electronics Private Limited amount to ₹ 6.00 Cr.

  • The most recent Balance Sheet for Maai World Electricals & Electronics Private Limited was filed with the ROC on 31 Mar 2024.