DPIIT recognised startup Government of India
Startup India
MTJ World India Private Limited
MTJ World India Private Limited - electrnoics in Surat, Gujarat, India. Directors, charges & compliance details.
Revenue · FY 2025
₹1.17 Cr
▼ 7% YoY
Net loss · FY 2025
₹94 Lakh
Net margin -80.7%
EBITDA · FY 2025
-₹85.48 Lakh
EBITDA margin -73.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
3 yrs
Est. 2023
Directors on board
3
As per MCA filings
Active GSTINs
2
GST registered
About MTJ World India Private Limited
Data last updated:
MTJ World India Private Limited is a private limited company based in Surat, Gujarat, India, recognised as a startup by DPIIT. It operates in the manufacturing segment of the electronics sector. It was incorporated on 19 March 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32112GJ2023PTC139353. Its GSTIN is 24AAQCM6521K1Z5 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jigar Harishchandra Obhalia and Babita Devraj Sharma.
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 303 Oberon Fp – 65 New City Light Road, Surat, Gujarat, India – 395007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.17 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹94 Lakh (net margin -80.7%) and EBITDA of -₹85.48 Lakh (EBITDA margin -73.4%).
Company details
CIN U32112GJ2023PTC139353
Registration Number 139353
Incorporation Date 19 March 2023
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Jigar Harishchandra Obhalia Director Babita Devraj Sharma Director Avinash Balubhai Gajera Individual Subscriber Recognitions & Rankings of MTJ World India
Contact details
MTJ World India Private Limited's registered office is in Surat, Gujarat.
- Registered Address303 Oberon Fp – 65 New City Light Road, Surat, Gujarat, India – 395007
- IndustryElectrnoics, Manufacturing, Electronic Components
Comprehensive company report
MTJ World India 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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Secure checkout · GST invoice included
Business activity
The main business activity of MTJ World India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of MTJ World India Private Limited, buy the company report.
Financials of MTJ World India Private Limited
FY 2025 filings availableMTJ World India Private Limited reported revenue of ₹1.17 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹1.17 Cr ▼ 7%
Net loss · FY 2025
₹94 Lakh margin -80.7%
EBITDA · FY 2025
-₹85.48 Lakh margin -73.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
Revenue fell 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹85.48 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹94 Lakh | ||
| 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 | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -73.4% | ||
| Net Profit Margin | -80.7% | ||
| 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 MTJ World India Private Limited, buy the company report.
Board of directors of MTJ World India Private Limited
MTJ World India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Harishchandra Obhalia | Director | 19 Mar 2023 | 3 Years 7 Months | Current |
| Babita Devraj Sharma Also directs: MTJ World Services India Private Limited | Director | 19 Mar 2023 | 3 Years 7 Months | Current |
| Avinash Balubhai Gajera | Individual Subscriber | 19 Mar 2023 | 3 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving MTJ World India 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 MTJ World India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MTJ World India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAQCM6521K1Z5 | Gujarat | Active | 12 Apr 2023 |
| 29AAQCM6521K1ZV | Karnataka | Active | 08 Jun 2023 |
To see the full GST registrations and return filing status of MTJ World India Private Limited, buy the company report.
Recent activity
MTJ World India Private Limited has 4 board changes on record since 2023: 4 appointments. The latest: Avinash Balubhai Gajera was appointed as Individual Subscriber on 19 Mar 2023.
AGM
Mtj World India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mtj World India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Avinash Balubhai Gajera was appointed as Individual Subscriber.
Appointed
Babita Devraj Sharma was appointed as Director.
Appointed
Jigar Harishchandra Obhalia was appointed as Director.
Appointed
Mital Avinash Gajera was appointed as Individual Subscriber.
Incorporation
19 Mar 2023
Mtj World India Private Limited was registered on 19 Mar 2023 with Roc Ahmedabad & aged 3 years 7 months as per MCA records.
Frequently asked questions
MTJ World India is an active private limited company based in Surat, Gujarat, India. The company works in manufacturing, within the electronics industry. It was incorporated on 19 March 2023 (3+ years old) and is registered under CIN U32112GJ2023PTC139353.
MTJ World India has 3 current directors:
- Jigar Harishchandra Obhalia - Director
- Babita Devraj Sharma - Director
- Avinash Balubhai Gajera - Individual Subscriber
The latest financial statements of MTJ World India 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 FY 2023 are in the company report.
The GSTIN of MTJ World India is 24AAQCM6521K1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAQCM6521K1ZV (Karnataka).
The CIN (Corporate Identification Number) of MTJ World India is U32112GJ2023PTC139353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MTJ World India was incorporated on 19 March 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Avinash Balubhai Gajera was appointed as Individual Subscriber on 19 Mar 2023. Babita Devraj Sharma was appointed as Director on 19 Mar 2023. Jigar Harishchandra Obhalia was appointed as Director on 19 Mar 2023. MTJ World India has 4 board changes on record in total.
Yes, MTJ World India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of MTJ World India is at 303 Oberon Fp – 65 New City Light Road, Surat, Gujarat, India – 395007.
MTJ World India operates in the electronics industry, in the manufacturing segment.