M Square Enterprises Private Limited
About M Square Enterprises Private Limited
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M Square Enterprises Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70100MP2010PTC022868. Its GSTIN is 23AAGCM2993K1Z5 (Madhya Pradesh).
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹4.75 Lakh. It is led by directors Vatan Wadhwani and Jaya Devi Wadhwani.
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 Mz – 1 Shrikrishna Talkies Complex 108 Gas House Road Near Post Office, Indore, Madhya Pradesh, India – 452004.
As per the financials filed for FY 2025, the company reported a revenue of ₹52.44 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹11.71 Lakh (net margin -22.3%) and EBITDA of ₹40.88 Lakh (EBITDA margin 78%). Revenue has grown at a compounded annual rate (CAGR) of 403% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹1.35 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
M Square Enterprises Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMz – 1 Shrikrishna Talkies Complex 108 Gas House Road Near Post Office, Indore, Madhya Pradesh, India – 452004
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of M Square Enterprises 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
Business activity
The main business activity of M Square Enterprises 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 M Square Enterprises Private Limited, buy the company report.
Financials of M Square Enterprises Private Limited
FY 2024 filings availableM Square Enterprises Private Limited reported revenue of ₹52.44 Lakh (up 167003% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 403% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹40.88 Lakh | ||||
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| Net Profit (PAT) | -₹11.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 78% | ||||
| Net Profit Margin | -22.3% | ||||
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To see the full financial statements and ratios of M Square Enterprises Private Limited, buy the company report.
Board of directors of M Square Enterprises Private Limited
M Square Enterprises has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vatan Wadhwani | Director | 24 Feb 2024 | 2 Years 8 Months | Current |
| Jaya Devi Wadhwani | Director | 24 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
M Square Enterprises Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Kapil Tex Fab Private Limited | ₹52.63 Lakh (FY 2025) | -6.0% | Shirpur, Maharashtra, India | |||
| K.P.Creations Limited | ₹52.61 Lakh (FY 2025) | -1.0% | Jaipur, Rajasthan, India | |||
| Mibasu Garments Private Limited | ₹52.53 Lakh (FY 2021) | 106.0% | Guntur, Andhra Pradesh, India | |||
| M Square Enterprises Private Limitedthis company | ₹52.44 Lakh (FY 2025) | -₹11.71 Lakh | -22.3% | 167003.0% | Indore, Madhya Pradesh, India | |
| Arw Textiles Private Limited | ₹52.38 Lakh (FY 2022) | 6000.0% | Warangal, Telangana, India | |||
| Bsa Knitting Private Limited | ₹52.35 Lakh (FY 2025) | Delhi, India | ||||
| Wishcoin Lifestyle Services Private Limited | ₹52.34 Lakh (FY 2020) | 80.0% | Gurgaon, Haryana, India |
To see the full peer comparison of M Square Enterprises Private Limited, buy the company report.
Auditor
M Square Enterprises Private Limited is audited by Bhandari Jain & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bhandari Jain & Co | FY 2023 | 012557C |
Shareholding
The shareholding of M Square Enterprises Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of M Square Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 2024 | 100932347 | Others | ₹5 Cr | Open | |
| 19 Feb 2015 | 10557748 | Vijaya Bank | ₹10 Lakh | Satisfied | |
| 28 Feb 2011 | 10272391 | Vijaya Bank | ₹1.25 Cr | Satisfied |
To see the full charge records of M Square Enterprises Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving M Square Enterprises 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 M Square Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M Square Enterprises has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCM2993K1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M Square Enterprises Private Limited, buy the company report.
Recent activity
M Square Enterprises Private Limited has 4 board changes on record since 2024: 2 appointments and 2 cessations. The latest: Haresh Shah ceased to be Director on 26 Feb 2024.
1 earlier event is in the company report.
Frequently asked questions
M Square Enterprises is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 January 2010 (16+ years old) and is registered under CIN U70100MP2010PTC022868.
M Square Enterprises has 2 current directors:
- Vatan Wadhwani - Director
- Jaya Devi Wadhwani - Director
The latest financial statements of M Square Enterprises 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.
The GSTIN of M Square Enterprises is 23AAGCM2993K1Z5, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of M Square Enterprises is U70100MP2010PTC022868. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M Square Enterprises was incorporated on 01 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of M Square Enterprises by revenue are Kapil Tex Fab Private Limited, K.P.Creations Limited, Mibasu Garments Private Limited, Arw Textiles Private Limited, Bsa Knitting Private Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Haresh Shah ceased to be Director on 26 Feb 2024. Manubhai Shah ceased to be Director on 26 Feb 2024. Jaya Devi Wadhwani was appointed as Director on 24 Feb 2024. M Square Enterprises has 4 board changes on record in total.
The registered office of M Square Enterprises is at Mz – 1 Shrikrishna Talkies Complex 108 Gas House Road Near Post Office, Indore, Madhya Pradesh, India – 452004.
M Square Enterprises operates in the manufacturing industry, in the textile and fabric production segment.
M Square Enterprises has open charges of ₹5 Cr and satisfied charges of ₹1.35 Cr as per latest MCA filings.