
Madan Impex Private Limited
About Madan Impex Private Limited
Data last updated:
Madan Impex Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the jewellery segment of the musical instruments sector. It was incorporated on 19 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51109GJ2011PTC066401. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahendrabhai Gokuldas Jadav and Pankaj Kumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 266 2nd Floor Shreeji Aavas Nr.Mini Bazar Varachha Road, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2022, the company reported a revenue of ₹17,450, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹730 (net margin 4.2%) and EBITDA of ₹870 (EBITDA margin 5%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 74% over five years.
Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madan Impex Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address266 2nd Floor Shreeji Aavas Nr.Mini Bazar Varachha Road, Surat, Gujarat, India – 395003
- IndustryMusical Instruments, Jewellery, Manufacturing, Musical Instrument, Sports Goods
To see the full contact details of Madan Impex 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 Madan Impex is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Madan Impex Private Limited, buy the company report.
Financials of Madan Impex Private Limited
FY 2022 filings availableMadan Impex Private Limited reported revenue of ₹17,450 (down 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 5% fall in the latest year. EBITDA fell 68% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹870 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹730 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 4.2% | ||||
| 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 Madan Impex Private Limited, buy the company report.
Board of directors of Madan Impex Private Limited
Madan Impex has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendrabhai Gokuldas Jadav Also directs: Kashish Diam Private Limited | Director | 20 Feb 2021 | 5 Years 8 Months | Current |
| Pankaj Kumar | Director | 02 Jul 2024 | 2 Years 4 Months | Current |
Peer comparison
Madan Impex Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Calcutta Electricals Private Limited | ₹17,500 (FY 2024) | -43.0% | Kolkata, West Bengal, India | |||
| Amritrashi Developers Private Limited | ₹17,500 (FY 2016) | Kolkata, West Bengal, India | ||||
| Pradyun Marketing Limited | ₹17,500 (FY 2024) | -37.0% | Delhi, India | |||
| Sarwari Aloha Industries Private Limited | ₹17,467 (FY 2024) | -78.0% | Patna, Bihar, India | |||
| Aag Engi-Services Private Limited | ₹17,459 (FY 2020) | Mumbai, Maharashtra, India | ||||
| Madan Impex Private Limitedthis company | ₹17,450 (FY 2022) | ₹730 | 4.2% | -5.0% | Surat, Gujarat, India | |
| Kuumba Industries Private Limited | ₹17,422 (FY 2023) | Thirdcamp, Kerala, India | ||||
| Jay Bholey Tie-Up Private Limited | ₹17,410 (FY 2017) | -1.0% | Kolkata, West Bengal, India | |||
| Ika Yoga Wear Private Limited | ₹17,391 (FY 2020) | -100.0% | Indira Nagar, Karnataka, India | |||
| Goldenheights Enterprises Private Limited | ₹17,310 (FY 2020) | Hyderabad, Telangana, India | ||||
| Hanuman Cloth Private Limited | ₹17,280 (FY 2017) | -5.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Madan Impex Private Limited, buy the company report.
Auditor
Madan Impex Private Limited is audited by Ravi Thakkar & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi Thakkar & Co. | FY 2017 | 134546W |
Shareholding
The shareholding of Madan Impex Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Madan Impex Private Limited, buy the company report.
Legal cases
Madan Impex Private Limited has 3 court cases on record: 2 filed by Madan Impex, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by The Income Tax Officer Ward 1(1)(3) Surat | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Income Tax Officer, Ward 1( and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Union of India and 2 others | Disposed |
To see the full case history of Madan Impex 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 Madan Impex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madan Impex has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Madan Impex Private Limited, buy the company report.
Recent activity
Madan Impex Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Gangadhar Sitaram Goad ceased to be Director on 03 Jul 2024.
2 earlier events are in the company report.
Frequently asked questions
Madan Impex is an active private limited company based in Surat, Gujarat, India. The company works in jewellery, within the musical instruments industry. It was incorporated on 19 July 2011 (15+ years old) and is registered under CIN U51109GJ2011PTC066401.
Madan Impex has 2 current directors:
- Mahendrabhai Gokuldas Jadav - Director
- Pankaj Kumar - Director
The latest financial statements of Madan Impex on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Madan Impex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Madan Impex is U51109GJ2011PTC066401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madan Impex has 3 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Madan Impex was incorporated on 19 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Madan Impex by revenue are Calcutta Electricals Private Limited, Amritrashi Developers Private Limited, Pradyun Marketing Limited, Sarwari Aloha Industries Private Limited, Aag Engi-Services Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Gangadhar Sitaram Goad ceased to be Director on 03 Jul 2024. Pankaj Kumar was appointed as Director on 02 Jul 2024. Mahendrabhai Gokuldas Jadav was appointed as Director on 20 Feb 2021. Madan Impex has 11 board changes on record in total.
The registered office of Madan Impex is at 266 2nd Floor Shreeji Aavas Nr.Mini Bazar Varachha Road, Surat, Gujarat, India – 395003.
Madan Impex operates in the musical instruments industry, in the jewellery segment.

