DPIIT recognised startup Government of India
Startup India
Maars Incubators and Innovations Private Limited
Maars Incubators and Innovations Private Limited - wood in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹4.57 Lakh
Latest filing
Net loss · FY 2019
₹22,985
Net margin -5%
EBITDA · FY 2019
-₹7,980
EBITDA margin -1.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Maars Incubators and Innovations Private Limited
Data last updated:
Maars Incubators and Innovations Private Limited is a private limited company based in Aurangabad, Maharashtra, India, recognised as a startup by DPIIT. It operates in the saw milling and planing of wood segment of the wood and timber products sector. It was incorporated on 18 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U20129MH2018PTC314103. Its GSTIN is 27AAMCM0753D1ZK (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Atul Gargade Sureshrao and Bina Manoj Bhatnagar.
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 Plot No: 31/33 Flat No: 9 Neha Classic Jyoti Nagar, Aurangabad, Maharashtra, India – 431001.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.57 Lakh. For the same year it recorded a net loss of ₹22,985 (net margin -5%) and EBITDA of -₹7,980 (EBITDA margin -1.7%).
Company details
CIN U20129MH2018PTC314103
Registration Number 314103
Incorporation Date 18 September 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
CIN history
Maars Incubators and Innovations has one previous CIN (Corporate Identification Number): U93090MH2018PTC314103. The current CIN is U20129MH2018PTC314103, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20129MH2018PTC314103 | Current |
| U93090MH2018PTC314103 | Previous |
Key People
Atul Gargade Sureshrao Director Bina Manoj Bhatnagar Additional Director Gautamkumar Nandlal Jain Additional Director Recognitions & Rankings of Maars Incubators and Innovations
Contact details
Maars Incubators and Innovations Private Limited's registered office is in Aurangabad, Maharashtra.
- Registered AddressPlot No: 31/33 Flat No: 9 Neha Classic Jyoti Nagar, Aurangabad, Maharashtra, India – 431001
- IndustryWood, Saw Milling And Planing Of Wood
Comprehensive company report
Maars Incubators and Innovations Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Maars Incubators and Innovations is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
Financials of Maars Incubators and Innovations Private Limited
FY 2024 filings availableMaars Incubators and Innovations Private Limited reported revenue of ₹4.57 Lakh for FY 2019.
Revenue · FY 2019
₹4.57 Lakh
Net loss · FY 2019
₹22,985 margin -5%
EBITDA · FY 2019
-₹7,980 margin -1.7%
Financial Statement Summary
| Metrics | FY 2018-19 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹4.57 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹7,980 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹22,985 |
| 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 2018-19 |
|---|---|
| Profitability | |
| EBITDA Margin | -1.7% |
| Net Profit Margin | -5% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| 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 Maars Incubators and Innovations Private Limited, buy the company report.
Board of directors of Maars Incubators and Innovations Private Limited
Maars Incubators and Innovations has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Gargade Sureshrao Also directs: Ramsa Trading and Consultancy India Private Limited | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Bina Manoj Bhatnagar Also directs: Manoj Bhatnagar Films LLP | Additional Director | 06 Sep 2024 | 2 Years 2 Months | Current |
| Gautamkumar Nandlal Jain | Additional Director | 06 Sep 2024 | 2 Years 2 Months | Current |
Legal cases
No court or tribunal cases involving Maars Incubators and Innovations Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maars Incubators and Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maars Incubators and Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCM0753D1ZK | Maharashtra | Active | 01 Jan 2019 |
To see the full GST registrations and return filing status of Maars Incubators and Innovations Private Limited, buy the company report.
Recent activity
Maars Incubators and Innovations Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Ashok Rathod ceased to be Additional Director on 15 Jun 2025.
Ceased
Ashok Rathod ceased to be Additional Director.
AGM
Maars Incubators And Innovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ashwini Atul Gargade ceased to be Director.
Appointed
Bina Manoj Bhatnagar was appointed as Additional Director.
Appointed
Gautamkumar Nandlal Jain was appointed as Additional Director.
Ceased
Rucha Atul Gargade ceased to be Director.
Filing
Maars Incubators And Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Appointed
Atul Gargade Sureshrao was appointed as Director.
Incorporation
18 Sep 2018
Maars Incubators And Innovations Private Limited was registered on 18 Sep 2018 with Roc Mumbai & aged 8 years 1 month as per MCA records.
Frequently asked questions
Maars Incubators and Innovations is an active private limited company based in Aurangabad, Maharashtra, India. The company works in saw milling and planing of wood, within the wood industry. It was incorporated on 18 September 2018 (8+ years old) and is registered under CIN U20129MH2018PTC314103.
Maars Incubators and Innovations has 3 current directors:
- Atul Gargade Sureshrao - Director
- Bina Manoj Bhatnagar - Additional Director
- Gautamkumar Nandlal Jain - Additional Director
The latest financial statements of Maars Incubators and Innovations 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 FY 2019 are in the company report.
The GSTIN of Maars Incubators and Innovations is 27AAMCM0753D1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maars Incubators and Innovations is U20129MH2018PTC314103. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maars Incubators and Innovations was incorporated on 18 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Rathod ceased to be Additional Director on 15 Jun 2025. Ashwini Atul Gargade ceased to be Director on 06 Sep 2024. Bina Manoj Bhatnagar was appointed as Additional Director on 06 Sep 2024. Maars Incubators and Innovations has 6 board changes on record in total.
Yes, Maars Incubators and Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Maars Incubators and Innovations is at Plot No: 3133 Flat No: 9 Neha Classic Jyoti Nagar, Aurangabad, Maharashtra, India – 431001.
Maars Incubators and Innovations operates in the wood industry, in the saw milling and planing of wood segment.
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