Masitia Capital Services Private Limited
About Masitia Capital Services Private Limited
Data last updated:
Masitia Capital Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1996PTC096348. Its GSTIN is 27AACCM3929K1Z7 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.9 Cr. It was formerly known as Masitia Capital Services Limited. It is led by directors Gajendra Bhupendra Sartanpara and Ramesh Dahyalal Shah.
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 14 2nd Flr Pinnacle Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.14 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Cr (net margin -284.4%) and EBITDA of -₹1.56 Cr (EBITDA margin -283.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 48% over five years.
Court records list 39 cases involving the company, including 36 filed by the company and 3 filed against it; 7 cases are pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.32 Cr; the latest was in March 2023.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History
Masitia Capital Services has one previous CIN (Corporate Identification Number): U67190MH1996PLC096348. The current CIN is U67190MH1996PTC096348, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH1996PTC096348 | Current |
| U67190MH1996PLC096348 | Previous |
- EmailLocked
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- Social MediaLocked
- Registered AddressS – 13 & S – 14 2nd Flr Pinnacle Business Park Shanti Nagar MIDC Mahakali Caves Road Andher, I(E), Mumbai, Maharashtra, India – 400093
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity
The main business activity of Masitia Capital Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Masitia Capital Services Private Limited
FY 2025 filings availableMasitia Capital Services Private Limited reported revenue of ₹55.14 Lakh (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 59% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 167% 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 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | |
| Other Income | •••• | |
| Total Revenue | •••• | |
| Cost of Materials Consumed | •••• | |
| Employee Benefit Expense | •••• | |
| Finance Costs | •••• | |
| Depreciation and Amortisation | •••• | |
| Other Expenses | •••• | |
| Total Expenses | •••• | |
| EBITDA | -₹1.56 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹1.57 Cr | |
| 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 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -283.8% | |
| Net Profit Margin | -284.4% | |
| 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 | •••• | |
Paid data: the figures shown as dots, and every line for FY 2020-21 to FY 2023-24, are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Masitia Capital Services are in the company report.
: available in the company report
Board of Directors of Masitia Capital Services Private Limited
Masitia Capital Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajendra Bhupendra Sartanpara Also directs: Etco Industries Private Limited, Etco Digital Private Limited | Director | 23 May 2016 | 10 Years 4 Months | Current |
| Ramesh Dahyalal Shah Also directs: Etco Industries Private Limited, Sea-Crest Developers Private Limited, Sai Etco Developers and Realty Private Limited and 2 more | Director | 17 Jan 1996 | 30 Years 9 Months | Current |
Auditor Details
Masitia Capital Services Private Limited is audited by DEEPESH R JAIN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPESH R JAIN & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Masitia Capital Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Masitia Capital Services Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.32 Cr; the latest was in March 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Panasoft Technologies Limited, N.E. Electronics Ltd. , Kamal Overseas Ltd |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2018 | Funding round | ₹7.85 Cr | Investors: Shridham Distributors Private Limited , Blue Line Finance Private Limited , Annies Apparel Pvt Ltd |
| Mar 2012 | Funding round | ₹1.72 Cr | Investors: Moolsons Holdings Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Mona Digital Equipment Limited Seller: Mona Futuristic Telecom Private Limited |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Masitia Capital Services Private Limited has 39 court cases on record: 36 filed by Masitia Capital Services, 3 filed against it. 7 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 2 | 6 |
| District courts | 14 | 1 | 1 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHSCD) | Filed by the company against Enso Pvt.Ltd and Anr | Pending |
| Bombay High Court | Court case (CHS) | Filed by the company against Enso Pvt. Ltd. and Anr and M/S. Neha Implements Pvt. Ltd. and 1 other | Pending |
| Bombay High Court | Court case (EXA) | Filed by the company against Enso Pvt. Ltd. and Anr. | Pending |
| High Court, MAHARASHTRA | Court case (CHOL) | Filed by the company against Enso Pvt. Ltd. and Anr. | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Nandkishore Despande ;Resolution Professional of Etco Denim Pvt. Ltd.; and 2 others | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Masitia Capital Services.
: available in the company report
Recent Activity
Masitia Capital Services Private Limited has 8 board changes on record since 1996: 2 appointments and 6 cessations. The latest: Vivek Pandharinath Kolhe ceased to be Director on 24 May 2016.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Masitia Capital Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM3929K1Z7 | Maharashtra | Active | 25 May 2021 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Masitia Capital Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 January 1996 (30+ years old) and is registered under CIN U67190MH1996PTC096348.
Masitia Capital Services has 2 current directors:
- Gajendra Bhupendra Sartanpara - Director
- Ramesh Dahyalal Shah - Director
The latest financial statements of Masitia Capital Services 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 Masitia Capital Services is 27AACCM3929K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Masitia Capital Services is U67190MH1996PTC096348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masitia Capital Services has 39 court cases on record: 36 filed by the company and 3 filed against it. 7 are pending. Most are in the high courts.
Masitia Capital Services was incorporated on 17 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Masitia Capital Services has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.32 Cr; the latest was in March 2023.
Vivek Pandharinath Kolhe ceased to be Director on 24 May 2016. Gajendra Bhupendra Sartanpara was appointed as Director on 23 May 2016. Vijay Shantilal Mehta ceased to be Director on 15 Oct 2015. Masitia Capital Services has 8 board changes on record in total.
The registered office of Masitia Capital Services is at S – 13 & S – 14 2nd Flr Pinnacle Business Park Shanti Nagar MIDC Mahakali Caves Road Andher, IE, Mumbai, Maharashtra, India – 400093.