
Ma Multi-Infra Development Private Limited
About Ma Multi-Infra Development Private Limited
Data last updated:
Ma Multi-Infra Development Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Bajaj Resources Limited. It operates in the garments segment of the apparel and fashion sector. It was incorporated on 26 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45100MH2012PTC233816. Its GSTIN is 27AAICM0675N1ZY (Maharashtra).
The company has an authorised share capital of ₹189 Cr and a paid-up capital of ₹151.42 Cr. It was formerly known as Ma Dairy Products Private Limited. It is led by directors Rajiv Chandanlal Gandhi and Rekha Salil Mitbander.
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 106 – 107 Bajaj Bhavan 10th Floor Jamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹89.24 Cr and EBITDA of ₹55.69 Lakh (EBITDA margin 74.7%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 19% over five years.
As per MCA filings, the company has satisfied charges of ₹1,300 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 7 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹945.32 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ma Multi-Infra Development has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45100MH2012PTC233816, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100MH2012PTC233816 | Current |
| U15122MH2012PTC233816 | Previous |
| U51101MH2012PTC233816 | Previous |
Contact details
Ma Multi-Infra Development Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address106 – 107 Bajaj Bhavan 10th Floor Jamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryAppreal & Fashion, Garments
To see the full contact details of Ma Multi-Infra Development 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
Financials of Ma Multi-Infra Development Private Limited
FY 2025 filings availableMa Multi-Infra Development Private Limited reported revenue of ₹74.52 Lakh (up 1341% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% 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 | ₹55.69 Lakh | ||||
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| Net Profit (PAT) | ₹89.24 Cr | ||||
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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 | 74.7% | ||||
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To see the full financial statements and ratios of Ma Multi-Infra Development Private Limited, buy the company report.
Board of directors of Ma Multi-Infra Development Private Limited
Ma Multi-Infra Development has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Chandanlal Gandhi Also directs: SKB Roop Commercial LLP, KNB Enterprises LLP, Lambodar Stocks Private Limited and 5 more | Director | 21 Feb 2015 | 11 Years 8 Months | Current |
| Rekha Salil Mitbander | Director | 25 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Ma Multi-Infra Development Private Limited is audited by V P L & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V P L & CO | FY 2018 | 126867W |
Shareholding
The shareholding of Ma Multi-Infra Development Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ma Multi-Infra Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2018 | 100190032 | Idbi Trusteeship Services Limited | ₹225 Cr | Satisfied | |
| 28 Nov 2017 | 100143089 | Idbi Trusteeship Services Limited | ₹150 Cr | Satisfied | |
| 03 Feb 2017 | 100077501 | Idbi Trusteeship Services Limited | ₹150 Cr | Satisfied | |
| 03 Feb 2017 | 100082618 | Idbi Trusteeship Services Limited | ₹225 Cr | Satisfied | |
| 04 Feb 2016 | 10624043 | Idbi Trusteeship Services Limited | ₹75 Cr | Satisfied |
To see the full charge records of Ma Multi-Infra Development Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Ma Multi-Infra Development Private Limited has 7 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹945.32 Cr; the latest was in March 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: Bajaj Resources Private Limited Seller: Bajaj Capital Ventures Private Limited , 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Bajaj Infrastructure Devalopment Company Limited Seller: KNB Enterprises LLP |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Lambodar Stocks Private Limited Seller: KNB Enterprises LLP |
| Mar 2016 | Rights issue | ₹55.09 Cr | Investors: KNB Enterprises LLP , Lambodar Stocks Private Limited , an individual |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Knb Enterprises Llp & Rajiv Gandhi, KNB Enterprises LLP Seller: an individual |
To see the full deal history of Ma Multi-Infra Development Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ma Multi-Infra Development Private Limited has 2 court cases on record: 1 filed by Ma Multi-Infra Development, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by The Asst. Commissioner of Income Tax | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 3( and 4 others | Disposed |
To see the full case history of Ma Multi-Infra Development 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 Ma Multi-Infra Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ma Multi-Infra Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM0675N1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ma Multi-Infra Development Private Limited, buy the company report.
Recent activity
Ma Multi-Infra Development Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Chandresh Chakradhar Chhaya ceased to be Company Secretary on 31 May 2025.
17 earlier events are in the company report.
Frequently asked questions
Ma Multi-Infra Development is an active private limited company based in Mumbai, Maharashtra, India. The company works in garments, within the apparel and fashion industry. It was incorporated on 26 July 2012 (14+ years old) and is registered under CIN U45100MH2012PTC233816.
Ma Multi-Infra Development has 2 current directors:
- Rajiv Chandanlal Gandhi - Director
- Rekha Salil Mitbander - Director
The latest financial statements of Ma Multi-Infra Development 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 Ma Multi-Infra Development is 27AAICM0675N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ma Multi-Infra Development is U45100MH2012PTC233816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ma Multi-Infra Development has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the high courts.
Ma Multi-Infra Development was incorporated on 26 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Ma Multi-Infra Development has 7 deals on record (4 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹945.32 Cr; the latest was in March 2019.
Chandresh Chakradhar Chhaya ceased to be Company Secretary on 31 May 2025. Rekha Salil Mitbander ceased to be Additional Director on 30 Sep 2022. Achath Mohanan Menon ceased to be Director on 29 Apr 2022. Ma Multi-Infra Development has 9 board changes on record in total.
The registered office of Ma Multi-Infra Development is at 106 – 107 Bajaj Bhavan 10th Floor Jamnalal Bajaj Marg 226 Nariman Point, Mumbai, Maharashtra, India – 400021.

