Mahesh Ispat Pvt Ltd
About Mahesh Ispat Pvt Ltd
Data last updated:
Mahesh Ispat Pvt Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 15 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U26106MP1989PTC005091. Its GSTIN is 23AABCM1149G1ZX (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Abhay Kumar Jagdishchandra Kothari and Bindu Abhaykumar Kothari.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No 105 – B Lotus Garden 26/2 Manoramaganj, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.79 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹5,288 (net margin 0%) and EBITDA of ₹4.99 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 23% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahesh Ispat Pvt Ltd's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No 105 – B Lotus Garden 26/2 Manoramaganj, Indore, Madhya Pradesh, India – 452001
- IndustryMusical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods
To see the full contact details of Mahesh Ispat Pvt Ltd, 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 Mahesh Ispat is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mahesh Ispat Pvt Ltd, buy the company report.
Financials of Mahesh Ispat Pvt Ltd
FY 2025 filings availableMahesh Ispat Pvt Ltd reported revenue of ₹2.79 Cr (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 37% growth in the latest year. EBITDA rose 60% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.99 Lakh | ||||
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| Net Profit (PAT) | ₹5,288 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0% | ||||
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To see the full financial statements and ratios of Mahesh Ispat Pvt Ltd, buy the company report.
Board of directors of Mahesh Ispat Pvt Ltd
Mahesh Ispat has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhay Kumar Jagdishchandra Kothari | Director | 22 Jan 2007 | 19 Years 9 Months | Current |
| Bindu Abhaykumar Kothari | Director | 22 Jan 2007 | 19 Years 9 Months | Current |
Peer comparison
Mahesh Ispat Pvt Ltd is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SKF Air Equipments Private Limited | ₹2.79 Cr (FY 2024) | 211.0% | Mumbai, Maharashtra, India | |||
| Sukashi Enterprise Private Limited | ₹2.79 Cr (FY 2025) | -29.0% | Mumbai, Maharashtra, India | |||
| Mohta KSN Enterprises Private Limited | ₹2.79 Cr (FY 2025) | 835.0% | Kota, Rajasthan, India | |||
| Nakone Solutions Private Limited | ₹2.79 Cr (FY 2025) | -3.0% | Delhi, India | |||
| Myempower Private Limited | ₹2.79 Cr (FY 2024) | 25.0% | Bangalore, Karnataka, India | |||
| Mahesh Ispat Pvt Ltdthis company | ₹2.79 Cr (FY 2025) | ₹5,288 | 0% | 37.0% | Indore, Madhya Pradesh, India | |
| Prism Manufacturing Private Limited | ₹2.79 Cr (FY 2019) | 17742.0% | Kolkata, West Bengal, India | |||
| Stork HKB India Private Limited | ₹2.79 Cr (FY 2025) | 69.0% | Delhi, India | |||
| Qmax Tiles Private Limited | ₹2.79 Cr (FY 2024) | -50.0% | Morbi, Gujarat, India | |||
| Paradise Rabbit Farms Private Limited | ₹2.79 Cr (FY 2024) | 218.0% | Jind, Haryana, India | |||
| Mundhra Biotech Private Limited | ₹2.79 Cr (FY 2025) | 48.0% | Baleshwar Sadar, Odisha, India |
To see the full peer comparison of Mahesh Ispat Pvt Ltd, buy the company report.
Auditor
Mahesh Ispat Pvt Ltd is audited by N.C.KHABYA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.C.KHABYA & CO. | FY 2017 | 002089C |
Shareholding
The shareholding of Mahesh Ispat Pvt Ltd 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 Mahesh Ispat Pvt Ltd, buy the company report.
Legal cases
No court or tribunal cases involving Mahesh Ispat Pvt Ltd 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 Mahesh Ispat Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahesh Ispat has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCM1149G1ZX | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahesh Ispat Pvt Ltd, buy the company report.
Recent activity
Mahesh Ispat Pvt Ltd has 2 board changes on record since 2007: 2 appointments. The latest: Abhay Kumar Jagdishchandra Kothari was appointed as Director on 22 Jan 2007.
Frequently asked questions
Mahesh Ispat is an active private limited company based in Indore, Madhya Pradesh, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 15 February 1989 (37+ years old) and is registered under CIN U26106MP1989PTC005091.
Mahesh Ispat has 2 current directors:
- Abhay Kumar Jagdishchandra Kothari - Director
- Bindu Abhaykumar Kothari - Director
The latest financial statements of Mahesh Ispat on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahesh Ispat is 23AABCM1149G1ZX, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mahesh Ispat is U26106MP1989PTC005091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahesh Ispat was incorporated on 15 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mahesh Ispat by revenue are SKF Air Equipments Private Limited, Sukashi Enterprise Private Limited, Mohta KSN Enterprises Private Limited, Nakone Solutions Private Limited, Myempower Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Abhay Kumar Jagdishchandra Kothari was appointed as Director on 22 Jan 2007. Bindu Abhaykumar Kothari was appointed as Director on 22 Jan 2007.
The registered office of Mahesh Ispat is at Flat No 105 – B Lotus Garden 262 Manoramaganj, Indore, Madhya Pradesh, India – 452001.
Mahesh Ispat operates in the musical instruments industry, in the jewellery segment.
The compliance status of Mahesh Ispat is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
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