About Maai World Electricals & Electronics Private Limited
Data last updated:
Maai World Electricals & Electronics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 15 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC282422. Its GSTIN is 27AAKCM4084D1ZE (Maharashtra). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Hitesh Ramjibhai Kariya and Kiran Ramjibhai Karia.
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 Flat No. 501 West Wind Apartment L.M.Road Navagoan Dahisar (West), Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.75 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Cr and EBITDA of -₹1.15 Cr. Revenue has declined at a compounded annual rate (CAGR) of 75% over three years and 65% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6 Cr on record. Court records list 35 cases involving the company, including 30 filed by the company and 5 filed against it; 25 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in July 2016. Its 10 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Gome Electronics India Private Limited with revenue of ₹7.86 Lakh. The company has 3 MSME Form 1 returns on record between 2019 and 2021, listing 35 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maaiworld.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFlat No. 501 West Wind Apartment L.M.Road Navagoan Dahisar (West), Mumbai, Maharashtra, India – 400068
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Maai World Electricals & Electronics Private Limited
The main business activity of Maai World Electricals & Electronics is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maai World Electricals & Electronics Private Limited FY 2025 filings available
Maai World Electricals & Electronics Private Limited reported revenue of ₹7.75 Lakh (down 94% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Maai World Electricals & Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 94% fall 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 of Maai World Electricals & Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.16 Cr | •••• | •••• | •••• | •••• |
| 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 of Maai World Electricals & Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maai World Electricals & Electronics are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gome Electronics India Private Limited | ₹7.86 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Noida, Uttar Pradesh, India |
| Relisys Technologies Private Limited | ₹7.85 Lakh (FY 2023) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Cabot Systems & Automation Private Limited | ₹7.84 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| DSC Entertainment Systems Private Limited | ₹7.8 Lakh (FY 2024) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Truemate Homes India Private Limited | ₹7.75 Lakh (FY 2025) | •••• | •••• | •••• | Nahan, Himachal Pradesh, India | |
| Maai World Electricals & Electronics Private Limited this company | ₹7.75 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Mumbai, Maharashtra, India |
| Solar Avenues Private Limited | ₹7.71 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | Secunderabad, Telangana, India |
| G.L.E. India Solar Private Limited | ₹7.71 Lakh (FY 2023) | •••• | •••• | -33.0% | •••• | Ahmedabad, Gujarat, India |
| Trigonal Infotech Private Limited | ₹7.7 Lakh (FY 2018) | •••• | •••• | 1313.0% | •••• | Kolkata, West Bengal, India |
| Patwari Wires Private Limited | ₹7.65 Lakh (FY 2019) | •••• | •••• | 52.0% | •••• | Indore, Madhya Pradesh, India |
| Avsg Communications Private Limited | ₹7.61 Lakh (FY 2025) | •••• | •••• | -68.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Maai World Electricals & Electronics by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics Private Limited is audited by Maitraj & Co. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Maitraj & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Ramjibhai Kariya | Director | 15 Jun 2016 | 10 Years 3 Months | Current |
| Kiran Ramjibhai Karia | Director | 15 Jun 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Maai World Electricals & Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maai World Electricals & Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2021 | Others | ₹1 Cr | Open |
| 16 Sep 2016 | Others | ₹5 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics Private Limited has 1 deal on record (1 secondary share transfer); the latest was in July 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics Private Limited has 35 court cases on record: 30 filed by Maai World Electricals & Electronics, 5 filed against it. 25 cases are pending and 10 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 5 | 24 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Arbitration matter | Filed against the company by Adway Print Concept Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by HDFC Bank Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Omkara Assets Reconstruction Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Toreador Marketing Private Limited | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 35 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 35 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Arvind Press Caps Limited | •••• | •••• | •••• |
| Bright Westech Solution Private Limited | •••• | •••• | •••• |
| Sakar Electricals & Electronics Private Limited | •••• | •••• | •••• |
| Adway Print Concept Private Limited | •••• | •••• | •••• |
| Pramod Telecom Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics Private Limited has a workforce of 4 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Hitesh Ramjibhai Kariya was appointed as Director on 15 Jun 2016.
Credit Ratings, Litigation & Regulatory Alerts for Maai World Electricals & Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maai World Electricals & Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM4084D1ZE | Maharashtra | Active | 01 Jul 2017 |
| 08AAKCM4084D1ZE | Rajasthan | Active | 01 Jul 2017 |
| 22AAKCM4084D1ZO | Chattisgarh | Active | 01 Jul 2017 |
| 23AAKCM4084D1ZM | Madhya Pradesh | Active | 23 Nov 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maai World Electricals & Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maai World Electricals & Electronics Private Limited
Maai World Electricals & Electronics is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 15 June 2016 (10+ years old) and is registered under CIN U74999MH2016PTC282422.
Maai World Electricals & Electronics reported revenue of ₹7.75 Lakh for FY 2025 (down 94% YoY).
Maai World Electricals & Electronics has 2 current directors:
- Hitesh Ramjibhai Kariya - Director
- Kiran Ramjibhai Karia - Director
Maai World Electricals & Electronics reported a net loss of ₹1.16 Cr and EBITDA of -₹1.15 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maai World Electricals & Electronics is -75% over three years and -65% over five years. In the latest year (FY 2025) revenue fell 94%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maai World Electricals & Electronics is 27AAKCM4084D1ZE, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAKCM4084D1ZE (Rajasthan), 22AAKCM4084D1ZO (Chattisgarh), 23AAKCM4084D1ZM (Madhya Pradesh).
The CIN (Corporate Identification Number) of Maai World Electricals & Electronics is U74999MH2016PTC282422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maai World Electricals & Electronics has 35 court cases on record: 30 filed by the company and 5 filed against it. 25 are pending. Most are in the district courts.
Maai World Electricals & Electronics was incorporated on 15 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Maai World Electricals & Electronics has 1 deal on record (1 secondary share transfer); the latest was in July 2016.
The peers of Maai World Electricals & Electronics by revenue are Gome Electronics India Private Limited, Relisys Technologies Private Limited, Cabot Systems & Automation Private Limited, DSC Entertainment Systems Private Limited, Truemate Homes India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution).
Hitesh Ramjibhai Kariya was appointed as Director on 15 Jun 2016. Kiran Ramjibhai Karia was appointed as Director on 15 Jun 2016.