
Maruti Induction Private Limited
About Maruti Induction Private Limited
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Maruti Induction Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 10 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ1994PTC021284. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹17.11 Lakh. It is led by directors Bansilal Asharam Chechani and Meenaben Achalkumar Chechani.
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 Omkar Building Dariyapur Charrasta, Ahmedabad, Gujarat, India – 380001.
As per the financials filed for FY 2024, the company reported a revenue of ₹83,512. For the same year it recorded a net loss of ₹905 (net margin -1.1%) and EBITDA of -₹516 (EBITDA margin -0.6%).
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maruti Induction Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOmkar Building Dariyapur Charrasta, Ahmedabad, Gujarat, India – 380001
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Maruti Induction 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
Financials of Maruti Induction Private Limited
FY 2024 filings availableMaruti Induction Private Limited reported revenue of ₹83,512 for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹516 | ||||
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| Net Profit (PAT) | -₹905 | ||||
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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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| Profitability | |||||
| EBITDA Margin | -0.6% | ||||
| Net Profit Margin | -1.1% | ||||
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To see the full financial statements and ratios of Maruti Induction Private Limited, buy the company report.
Board of directors of Maruti Induction Private Limited
Maruti Induction has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bansilal Asharam Chechani | Director | 01 May 2006 | 20 Years 6 Months | Current |
| Meenaben Achalkumar Chechani | Director | 01 May 2006 | 20 Years 6 Months | Current |
Peer comparison
Maruti Induction Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mak Associates Private Ltd | ₹85,000 (FY 2025) | 4.0% | Delhi, India | |||
| Muketosh Utilities Private Limited | ₹84,888 (FY 2025) | -54.0% | Delhi, India | |||
| K M U Alloys Private Limited | ₹84,796 (FY 2022) | -99.0% | Manesar, Haryana, India | |||
| Sreejan Metallics India Private Limited | ₹84,240 (FY 2024) | -99.0% | Bhilai, Chhattisgarh, India | |||
| Satya Alloy Steels Private Limited | ₹84,201 (FY 2025) | 0.0% | Budge Budge, West Bengal, India | |||
| Maruti Induction Private Limitedthis company | ₹83,512 (FY 2024) | -₹905 | -1.1% | Ahmedabad, Gujarat, India | ||
| Jackson Marketing Pvt Ltd | ₹83,440 (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Skylark Commosale Private Limited | ₹83,000 (FY 2024) | 6.0% | Kolkata, West Bengal, India | |||
| Visva Import Export Private Limited | ₹82,054 (FY 2017) | -71.0% | Kolkata, West Bengal, India | |||
| Michael Constructions Private Limited | ₹82,050 (FY 2025) | -7.0% | Nagpur, Maharashtra, India | |||
| Mouz Trading Private Limited | ₹81,176 (FY 2021) | 461.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Maruti Induction Private Limited, buy the company report.
Auditor
Maruti Induction Private Limited is audited by AKHILESH DEOPURA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AKHILESH DEOPURA & CO | FY 2016 | 120462W |
Shareholding
The shareholding of Maruti Induction Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Maruti Induction Private Limited, buy the company report.
Legal cases
Maruti Induction Private Limited has 2 court cases on record: 1 filed by Maruti Induction, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against The Gujarat State Financial Corporation and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by Baroda Ferro Alloys & Industries Ltd and 1 other | Disposed |
To see the full case history of Maruti Induction Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maruti Induction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maruti Induction has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maruti Induction Private Limited, buy the company report.
Recent activity
Maruti Induction Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Achalkumar Bansilal Chechani ceased to be Director on 10 Feb 2015.
Frequently asked questions
Maruti Induction is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 10 February 1994 (32+ years old) and is registered under CIN U28999GJ1994PTC021284.
Maruti Induction has 2 current directors:
- Bansilal Asharam Chechani - Director
- Meenaben Achalkumar Chechani - Director
The latest financial statements of Maruti Induction 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.
No. Maruti Induction has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Maruti Induction is U28999GJ1994PTC021284. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Induction has 2 court cases on record: 1 filed by the company and 1 filed against it.
Maruti Induction was incorporated on 10 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Maruti Induction by revenue are Mak Associates Private Ltd, Muketosh Utilities Private Limited, K M U Alloys Private Limited, Sreejan Metallics India Private Limited, Satya Alloy Steels Private Limited and 5 more, all in the Metals and Minerals industry (Metal Retail and Distribution).
Achalkumar Bansilal Chechani ceased to be Director on 10 Feb 2015. Bansilal Asharam Chechani was appointed as Director on 01 May 2006. Meenaben Achalkumar Chechani was appointed as Director on 01 May 2006.
The registered office of Maruti Induction is at Omkar Building Dariyapur Charrasta, Ahmedabad, Gujarat, India – 380001.
Maruti Induction operates in the metals and minerals industry, in the metal retail and distribution segment.

