MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0055300
2M Ateliers & Design Private Limited
2M Ateliers & Design Private Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹29.4 Cr
▲ 28% YoY
Net profit · FY 2024
₹85.39 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹1.53 Cr
EBITDA margin 5.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹35.89 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
393
Provident fund records
About 2M Ateliers & Design Private Limited
Data last updated:
2M Ateliers & Design Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 23 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18204MH2011PTC224316. Its GSTIN is 27AAACZ5314P1ZV (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Siddharth Navin Salian and Maximiliano Modesti.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.4 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹85.39 Lakh (net margin 2.9%) and EBITDA of ₹1.53 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 23% over five years.
The company has about 393 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35.89 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 3 cases are pending.
2M Ateliers & Design Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0055300). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18204MH2011PTC224316
Registration Number 224316
Incorporation Date 23 November 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0055300
Key People
Siddharth Navin Salian Director Maximiliano Modesti Director Rakesh Mansukhbhai Patel Director Recognitions & Rankings of 2M Ateliers & Design
Contact details
2M Ateliers & Design Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address62 Floor 3 Evergreen Industrial Estate Dr. E Moses Road Shakti Mill Lane Jaco, B Circle, Mumbai, Maharashtra, India – 400011
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of 2M Ateliers & Design Private Limited, buy the company report.
Comprehensive company report
2M Ateliers & Design 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of 2M Ateliers & Design is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of 2M Ateliers & Design Private Limited, buy the company report.
Financials of 2M Ateliers & Design Private Limited
FY 2025 filings available2M Ateliers & Design Private Limited reported revenue of ₹29.4 Cr (up 28% YoY) for FY 2024.
Revenue · FY 2024
₹29.4 Cr ▲ 28%
Net profit · FY 2024
₹85.39 Lakh margin 2.9%
EBITDA · FY 2024
₹1.53 Cr margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 53%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 99%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 28% growth in the latest year. EBITDA rose 20% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹85.39 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 | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 2.9% | ||||
| 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 2M Ateliers & Design Private Limited, buy the company report.
Board of directors of 2M Ateliers & Design Private Limited
2M Ateliers & Design 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 |
|---|---|---|---|---|
| Siddharth Navin Salian | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Maximiliano Modesti | Director | 23 Nov 2011 | 14 Years 11 Months | Current |
| Rakesh Mansukhbhai Patel Also directs: 2M Designs India Private Limited, Kalhath Foundation | Director | 23 Nov 2011 | 14 Years 11 Months | Current |
Peer comparison
2M Ateliers & Design Private Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Thangamman Textile Private Limited | ₹29.43 Cr (FY 2025) | 16.0% | Tirupur, Tamil Nadu, India | |||
| K.G. Embroidery Mills Limited | ₹29.41 Cr (FY 2025) | -5.0% | Faridabad, Haryana, India | |||
| Veejay Yarns and Fabrics Private Limited | ₹29.41 Cr (FY 2025) | 26.0% | Coimbatore, Tamil Nadu, India | |||
| 2M Ateliers & Design Private Limitedthis company | ₹29.4 Cr (FY 2024) | ₹85.39 Lakh | 2.9% | 28.0% | 393 | Mumbai, Maharashtra, India |
| S.R.G. Narrow Fab Limited | ₹29.37 Cr (FY 2024) | -4.0% | Surat, Gujarat, India | |||
| Chamundi Textiles (Silk Mills) Limited | ₹29.36 Cr (FY 2025) | -17.0% | Chennai, Tamil Nadu, India | |||
| Well Woven Textiles Private Limited | ₹29.35 Cr (FY 2024) | -17.0% | Solapur, Maharashtra, India | |||
| Colence International Private Limited | ₹29.27 Cr (FY 2024) | -36.0% | Delhi, India |
To see the full peer comparison of 2M Ateliers & Design Private Limited, buy the company report.
Auditor
2M Ateliers & Design Private Limited is audited by K P B & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K P B & ASSOCIATES | FY 2020 | 114841W |
Shareholding
The shareholding of 2M Ateliers & Design Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of 2M Ateliers & Design Private Limited, buy the company report.
Charges & borrowings
Open charges
₹35.89 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101157292 | Axis Bank Limited | ₹35.89 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
2M Ateliers & Design Private Limited has 4 court cases on record: 2 filed by 2M Ateliers & Design, 2 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP1) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (MCC ULP) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Ref.IDA) | Filed by the company against an individual | Disposed |
To see the full case history of 2M Ateliers & Design 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 2M Ateliers & Design Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
2M Ateliers & Design Private Limited has a workforce of 393 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
393
Active EPFO establishments
1
Employee growth
151.92%
GST
2M Ateliers & Design has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ5314P1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of 2M Ateliers & Design Private Limited, buy the company report.
Recent activity
2M Ateliers & Design Private Limited has 4 board changes on record since 2011: 3 appointments and 1 cessation. The latest: Siddharth Navin Salian ceased to be Additional Director on 30 Sep 2022.
AGM
2M Ateliers & Design Private Limited last Annual general meeting of members was held on 20 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 35.89 Lakh with Charge ID 101157292 was registered on 15 Sep 2025.
Filing
2M Ateliers & Design Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Siddharth Navin Salian ceased to be Additional Director.
Appointed
Siddharth Navin Salian was appointed as Director.
Appointed
Maximiliano Modesti was appointed as Director.
Appointed
Rakesh Mansukhbhai Patel was appointed as Director.
Incorporation
23 Nov 2011
2M Ateliers & Design Private Limited was registered on 23 Nov 2011 with Roc Mumbai I & aged 14 years 11 months as per MCA records.
From our blog
- Top Indian Design Companies09 Sep 2020
Frequently asked questions
2M Ateliers & Design is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 23 November 2011 (15+ years old) and is registered under CIN U18204MH2011PTC224316.
2M Ateliers & Design has 3 current directors:
- Siddharth Navin Salian - Director
- Maximiliano Modesti - Director
- Rakesh Mansukhbhai Patel - Director
The latest financial statements of 2M Ateliers & Design on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of 2M Ateliers & Design is 27AAACZ5314P1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of 2M Ateliers & Design is U18204MH2011PTC224316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
2M Ateliers & Design has 4 court cases on record: 2 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
2M Ateliers & Design was incorporated on 23 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of 2M Ateliers & Design by revenue are Thangamman Textile Private Limited, K.G. Embroidery Mills Limited, Veejay Yarns and Fabrics Private Limited, S.R.G. Narrow Fab Limited, Chamundi Textiles (Silk Mills) Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Siddharth Navin Salian ceased to be Additional Director on 30 Sep 2022. Siddharth Navin Salian was appointed as Director on 01 Apr 2022. Maximiliano Modesti was appointed as Director on 23 Nov 2011. 2M Ateliers & Design has 4 board changes on record in total.
Yes, 2M Ateliers & Design is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0055300).
The registered office of 2M Ateliers & Design is at 62 Floor 3 Evergreen Industrial Estate Dr. E Moses Road Shakti Mill Lane Jaco, B Circle, Mumbai, Maharashtra, India – 400011.