Mahalia Crystals Private Limited
About Mahalia Crystals Private Limited
Data last updated:
Mahalia Crystals Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the support services segment of the services sector. It was incorporated on 03 September 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH2009PTC195465.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Purnima Shetty (Irp/Rp/Liquidator) and Varsha Suresh Lalwani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹72,360, a decline of 81% compared to the previous year. For the same year it recorded a net profit of ₹26,076 (net margin 36%) and EBITDA of ₹16,070 (EBITDA margin 22.2%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 28% over five years.
Company details
Contact details
Mahalia Crystals Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB1 Floor – 9 B Wing Prithvi Apartments Kemps Corner Altamount Road Cumballa H, Ill, Mumbai, Maharashtra, India – 400026
- IndustryService, Other Support Services
To see the full contact details of Mahalia Crystals Private Limited, buy the company report.
- 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
Business activity
The main business activity of Mahalia Crystals is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Mahalia Crystals Private Limited, buy the company report.
Financials of Mahalia Crystals Private Limited
FY 2024 filings availableMahalia Crystals Private Limited reported revenue of ₹72,360 (down 81% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 81% fall in the latest year. EBITDA fell 85% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹16,070 | ||||
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| Net Profit (PAT) | ₹26,076 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 22.2% | ||||
| Net Profit Margin | 36% | ||||
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To see the full financial statements and ratios of Mahalia Crystals Private Limited, buy the company report.
Board of directors of Mahalia Crystals Private Limited
Mahalia Crystals has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purnima Shetty Also directs: Japs & Associates LLP | Irp/Rp/Liquidator | 24 Mar 2025 | 1 Years 7 Months | As last reported |
| Suresh Ramchand Lalwani | Additional Director | 23 Dec 2017 | 8 Years 10 Months | As last reported |
| Varsha Suresh Lalwani | Director | 03 Sep 2009 | 17 Years 2 Months | As last reported |
| Tarana Suresh Lalwani Also directs: Innoven Triple Blue Capital Advisors LLP, Innoven Triple Blue Capital Services LLP, Innoven Triple Blue Ventures LLP and 5 more | Director | 03 Sep 2009 | 17 Years 2 Months | As last reported |
Auditor
Mahalia Crystals Private Limited is audited by DESAI SAKSENA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DESAI SAKSENA & ASSOCIATES | FY 2017 | 102358W |
Shareholding
The shareholding of Mahalia Crystals Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mahalia Crystals Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mahalia Crystals 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 Mahalia Crystals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mahalia Crystals Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mahalia Crystals Private Limited has 5 board changes on record since 2009: 4 appointments and 1 cessation. The latest: Purnima Shetty was appointed as Irp/Rp/Liquidator on 24 Mar 2025.
Frequently asked questions
Mahalia Crystals is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Mahalia Crystals is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in other support services, within the service industry. It was incorporated on 03 September 2009 and is registered under CIN U51398MH2009PTC195465. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mahalia Crystals has 4 current directors:
- Suresh Ramchand Lalwani - Additional Director
- Varsha Suresh Lalwani - Director
- Tarana Suresh Lalwani - Director
- Purnima Shetty - Irp/Rp/Liquidator
The latest financial statements of Mahalia Crystals 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Mahalia Crystals is U51398MH2009PTC195465. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahalia Crystals was incorporated on 03 September 2009. It is registered with the Registrar of Companies, Mumbai.
Purnima Shetty was appointed as Irp/Rp/Liquidator on 24 Mar 2025. Suresh Ramchand Lalwani ceased to be Additional Director on 25 Jan 2025. Suresh Ramchand Lalwani was appointed as Additional Director on 23 Dec 2017. Mahalia Crystals has 5 board changes on record in total.
The registered office of Mahalia Crystals is at B1 Floor – 9 B Wing Prithvi Apartments Kemps Corner Altamount Road Cumballa H, Ill, Mumbai, Maharashtra, India – 400026.
Mahalia Crystals operates in the service industry, in the other support services segment.
The compliance status of Mahalia Crystals is compliant as of 09 August 2026.
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