About MAS Industries
MAS Industries is a company based in Navi Mumbai (India) founded in 2003 was acquired by Dorman Products in October 2017. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 238 employees as of July 31, 2025. MAS Industries has completed 1 acquisition, including Maître Pierre. MAS Industries offers products and services including Passenger Elevators, Hydraulic Lifts, and Home Elevators.
- Headquarter Navi Mumbai, India
- Employees 238 as on 31 Jul, 2025
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Sectors
Business Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Mas Industries Pvt. Ltd.
- Date of Incorporation 18 Sep, 2003
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$49.89 M (USD)27.79as on Mar 31, 2024
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Net Profit
$2.58 M (USD)78.6as on Mar 31, 2024
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EBITDA
$4.04 M (USD)72.38as on Mar 31, 2024
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Latest Funding Round
- Investors
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Employee Count
238
as on Jul 31, 2025
- Investments & Acquisitions
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Acquired by
Dorman Products
(Oct 27, 2017)
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Products & Services of MAS Industries
MAS Industries offers a comprehensive portfolio of products and services, including Passenger Elevators, Hydraulic Lifts, and Home Elevators. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Passenger elevators are designed for safe vertical transportation.
Hydraulic lifts are built for specific building requirements.
Home elevators are crafted for residential vertical mobility.
Funding Insights of MAS Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MAS Industries
MAS Industries has secured backing from 1 investor. Prominent investors backing the company include Dorman Products. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Original equipment manufacturer for the automotive industry
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MAS Industries
MAS Industries has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maître Pierre. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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A company under construction, based in Sarrebourg, France.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - MAS Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mas Industries Comparisons
Competitors of MAS Industries
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about MAS Industries
When was MAS Industries founded?
MAS Industries was founded in 2003.
Where is MAS Industries located?
MAS Industries is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
How many employees does MAS Industries have?
As of Jul 31, 2025, the latest employee count at MAS Industries is 238.
What is the annual revenue of MAS Industries?
Annual revenue of MAS Industries is $49.89M as on Mar 31, 2024.
What does MAS Industries do?
MAS Industries is established as a prominent manufacturer and exporter of elevator components and systems in India. The company is engaged in the design, development, manufacturing, and distribution of a wide range of lifts, including passenger elevators, hydraulic lifts, home elevators, hospital elevators, and dumbwaiters. Operations are focused on providing customized solutions tailored to client needs across various sectors such as residential, commercial, and industrial. High technology solutions are integrated to ensure safety and efficiency. The company is also involved in after-sales service, emphasizing trust, reliability, and quality. Export activities are extended to over 20 countries across Europe, Asia, the Middle East, and Africa.
What products or services does MAS Industries offer?
MAS Industries offers Passenger Elevators, Hydraulic Lifts, and Home Elevators.
How many acquisitions has MAS Industries made?
MAS Industries has made 1 acquisition, including Maître Pierre.
Who are MAS Industries's investors?
MAS Industries has 1 investor. Key investors include Dorman Products.