Mahavir Synthesis Private Limited

Manufacturer of chemicals for food colors and textile dyes, serving various industries with custom synthesis.

2006 | Surat, Gujarat (India) | Active
Last Updated: October 23, 2024

Mahavir Synthesis Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 18 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 33.04 Cr
  • Satisfied Charges ₹ 18.00 Cr
  • Revenue Growth -25.21%
  • Profit Growth -353.02%
  • Ebitda -114.34%
  • Net Worth -24.71%
  • Total Assets -8.89%

About Mahavir Synthesis

Mahavir Synthesis Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 2006 and has a history of 18 years and 11 months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Aquaace Acid And Intermediates Private Limited. The Company is engaged in the Chemicals And Materials 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 4.50 Cr and a paid-up capital of Rs 4.50 Cr.

The company currently has active open charges totaling ₹33.04 Cr. The company has closed loans amounting to ₹18.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vatsal Naik, Neha Naik, Param Naik, and Two other members serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahavirsynthesis.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24110GJ2006PTC047950

  • Company No.

    047950

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials

Who are the key members and board of directors at Mahavir Synthesis?

Board Members (5)

NameDesignationAppointment DateStatus
Vatsal Naik Country flag representing In Director 17-Mar-2006Current
Neha Naik Country flag representing In Director 06-Mar-2017Current
Param Naik Country flag representing In Director 21-Jul-2017Current
Manojkumar Kayastha Country flag representing In Director 28-May-2022Current
Vipul Chodvadiya Country flag representing In Director 28-May-2022Current

Financial Performance of Mahavir Synthesis.

Mahavir Synthesis Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.21% decrease. The company also saw a substantial fall in profitability, with a 353.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.71%.

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
-25.21%
Revenue from Operations
-25.67%
Total Assets
-8.89%
Profit or Loss
-353.02%
Net Worth
-24.71%
EBITDA
-114.34%

What is the Ownership and Shareholding Structure of Mahavir Synthesis?

In 2022, Mahavir Synthesis 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

₹33.04 Cr

Satisfied Charges

₹18.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 33.04 Cr

Latest Charge Details

DateLenderAmountStatus
08 Jul 2020Others₹2.20 CrOpen
10 Aug 2017Others₹30.84 CrOpen
03 Sep 2014Others₹8.00 CrSatisfied
05 Aug 2010Kotak Mahindra Bank Limited₹5.00 CrSatisfied
30 Jul 2010Kotak Mahindra Bank Limited₹5.00 CrSatisfied

How Many Employees Work at Mahavir Synthesis?

Unlock and access historical data on people associated with Mahavir Synthesis, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahavir Synthesis, 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 Mahavir Synthesis'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 Mahavir Synthesis

Recent activity within the organization

  • Annual General Meeting

    Mahavir Synthesis Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mahavir Synthesis Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 30.84 Cr registered on 10 Aug 2017 with Charge ID 100116241 was modified on 14 Aug 2023.

    14 Aug 2023

  • Director Appointment

    Manojkumar Kanchanlal Kayastha was appointed as a Director was appointed as a Director on 28 May 2022 & has been associated with this company since 2 years 8 months .

    28 May 2022

  • Director Appointment

    Vipul Jivabhai Chodvadiya was appointed as a Director was appointed as a Director on 28 May 2022 & has been associated with this company since 2 years 8 months .

    28 May 2022

  • Charges

    A charge registered on 05 Aug 2010 via Charge ID 10235026 with Kotak Mahindra Bank Limited was fully satisfied on 26 Oct 2021.

    26 Oct 2021

Frequently asked questions

  • Mahavir Synthesis Private Limited was incorporated on 17 Mar 2006.

  • The authorized share capital of Mahavir Synthesis Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 4.50 Cr.

  • Currently 5 directors are associated with Mahavir Synthesis Private Limited.

    • Vatsal Dinkerrai Naik
    • Neha Vatsal Naik
    • Param Vatsal Naik
    • Manojkumar Kanchanlal Kayastha
    • Vipul Jivabhai Chodvadiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahavir Synthesis Private Limited is Block No.304B 305 Sachin Magdalla Road Gidc, India, Surat, Gujarat, 394230.

  • The corporate identification number (CIN) of Mahavir Synthesis Private Limited is U24110GJ2006PTC047950 and the company number is 047950 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahavir Synthesis Private Limited is https://www.mahavirsynthesis.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahavir Synthesis Private Limited has fallen by -25.21%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahavir Synthesis Private Limited has experienced an downturn of -24.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahavir Synthesis Private Limited amount to ₹ 33.04 Cr.

  • The most recent Balance Sheet for Mahavir Synthesis Private Limited was filed with the ROC on 31 Mar 2024.

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