DPIIT recognised startup Government of India
Startup India
Maan Defence Private Limited - aerospace, maritime and defense in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.58 Cr
▲ 136% YoY
Net profit · FY 2025
₹31.73 Lakh
Net margin 6.9%
EBITDA · FY 2025
₹59.67 Lakh
EBITDA margin 13%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.8 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Maan Defence Private Limited
Data last updated:
Maan Defence Private Limited is a private limited company based in Vadodara, Gujarat, India, recognised as a startup by DPIIT. It operates in the defence tech and equipment segment of the aerospace, maritime and defence sector. It was incorporated on 31 December 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2021PTC128367. Its GSTIN is 24AAPCM3673B1ZI (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Anuprita Nishith Dand and Nishith Dand.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.58 Cr, a growth of 136% compared to the previous year. For the same year it recorded a net profit of ₹31.73 Lakh (net margin 6.9%) and EBITDA of ₹59.67 Lakh (EBITDA margin 13%).
As per MCA filings, the company has open charges of ₹2.8 Cr on record.
Maan Defence Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0065860). For more details, the company can be reached via its website maandefence.in.
Company details
CIN U29309GJ2021PTC128367
Registration Number 128367
Incorporation Date 31 December 2021
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0065860
Recognitions & Rankings of Maan Defence
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0065860
Contact details
Maan Defence Private Limited's registered office is in Vadodara, Gujarat. Its website is maandefence.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressShop/Office No.520, 5th Floor Center Point Complex, Vadodara, Gujarat, India – 390007
- IndustryAerospace, Maritime and Defense, Defence Tech & Equipment
To see the full contact details of Maan Defence Private Limited, buy the company report.
Comprehensive company report
Maan Defence 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
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Business activity
The main business activity of Maan Defence is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Maan Defence Private Limited, buy the company report.
Financials of Maan Defence Private Limited
FY 2025 filings availableMaan Defence Private Limited reported revenue of ₹4.58 Cr (up 136% YoY) for FY 2025.
Revenue · FY 2025
₹4.58 Cr ▲ 136%
Net profit · FY 2025
₹31.73 Lakh margin 6.9%
EBITDA · FY 2025
₹59.67 Lakh margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 136%
EBITDA CAGR growth
1 year
▲ 101%
3 years · compounded
▲ 318%
Revenue rose 136% in the latest year. EBITDA rose 101% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹59.67 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹31.73 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13% | |||
| Net Profit Margin | 6.9% | |||
| 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 Maan Defence Private Limited, buy the company report.
Board of directors of Maan Defence Private Limited
Maan Defence has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuprita Nishith Dand Also directs: Sure Safety (India) Limited, Sure Safety Private Limited, Oxycan Solutions Private Limited and 1 more | Director | 31 Dec 2021 | 4 Years 10 Months | Current |
| Nishith Dand Also directs: Sure Safety (India) Limited, Sure Safety Private Limited | Director | 31 Dec 2021 | 4 Years 10 Months | Current |
| Malika Nishith Dand Also directs: Pratibhanand Foundation | Director | 31 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Maan Defence Private Limited is audited by PRAKASH CHANDRA JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRAKASH CHANDRA JAIN & CO. | FY 2023 | 002438C |
Shareholding
The shareholding of Maan Defence Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maan Defence Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2025 | 101053700 | Others | ₹1.5 Cr | Open | |
| 13 Sep 2024 | 100975850 | Others | ₹50 Lakh | Open | |
| 01 Feb 2024 | 100869511 | Others | ₹80 Lakh | Open |
To see the full charge records of Maan Defence Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Maan Defence 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 Maan Defence Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Maan Defence Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Maan Defence has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAPCM3673B1ZI | Gujarat | Active | 25 May 2022 |
To see the full GST registrations and return filing status of Maan Defence Private Limited, buy the company report.
Recent activity
Maan Defence Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Anuprita Nishith Dand was appointed as Director on 31 Dec 2021.
AGM
Maan Defence Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maan Defence Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 150.00 Lakh with Charge ID 101053700 was registered on 24 Feb 2025.
Charges
A charge with Others of Rs. 150.00 Lakh registered on 24 Feb 2025 with Charge ID 101053700 was modified on 24 Feb 2025.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100975850 was registered on 13 Sep 2024.
Charges
A charge with Others amounted to Rs. 80.00 Lakh with Charge ID 100869511 was registered on 01 Feb 2024.
Appointed
Anuprita Nishith Dand was appointed as Director.
Appointed
Malika Nishith Dand was appointed as Director.
Appointed
Nishith Dand was appointed as Director.
Incorporation
31 Dec 2021
Maan Defence Private Limited was registered on 31 Dec 2021 with Roc Ahmedabad & aged 4 years 10 months as per MCA records.
Frequently asked questions
Maan Defence is an active private limited company based in Vadodara, Gujarat, India. The company works in defence tech and equipment, within the aerospace, maritime and defense industry. It was incorporated on 31 December 2021 (5+ years old) and is registered under CIN U29309GJ2021PTC128367.
Maan Defence has 3 current directors:
- Anuprita Nishith Dand - Director
- Nishith Dand - Director
- Malika Nishith Dand - Director
The latest financial statements of Maan Defence 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 FY 2022 are in the company report.
The GSTIN of Maan Defence is 24AAPCM3673B1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Maan Defence is U29309GJ2021PTC128367. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maan Defence was incorporated on 31 December 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Anuprita Nishith Dand was appointed as Director on 31 Dec 2021. Malika Nishith Dand was appointed as Director on 31 Dec 2021. Nishith Dand was appointed as Director on 31 Dec 2021.
Yes, Maan Defence is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Maan Defence is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0065860).
Maan Defence can be reached through the website maandefence.in. Its registered office is in Vadodara, Gujarat, India.
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