Madhusudan Masala Limited - Company Profile

Q: Who are the current directors of Madhusudan Masala Limited?

The current directors of Madhusudan Masala Limited are Hiren Vijaykumar Kotecha, Vijaykumar Vanravan Kotecha, Mayuri Hiren Kotecha, Parth Bipin Sukhparia, Rashmi Kamlesh Otavani, Rishit Kotecha, Dayalji Kotecha, Foram Rishit Kotecha, Chintan Ashokbhai Mehta, Kirit Vallabhbhai Dharaviya, Megha Dilipkumar Madani.

It is a food and beverages public limited company based in Jamnagar, Gujarat, India, established in 2021.

2021 Jamnagar, Gujarat, India Active

Last Updated: February 24, 2026

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About Madhusudan Masala Limited

Madhusudan Masala Limited, a active public limited company, was established on 14 December 2021 in Jamnagar, Gujarat, India. Engaging in spice manufacturing & distribution within the manufacturing sector, it holds CIN: L15400GJ2021PLC127968. Registered under ROC Roc Ahmedabad. it is listed. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹14.47 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹127.51 Cr and a net worth of ₹10.74 Cr. Employing 19 professional, Its leadership includes Hiren Vijaykumar Kotecha (Whole-Time Director), Vijaykumar Vanravan Kotecha (Director), Mayuri Hiren Kotecha (Director). Past directors included Hiren Vijaykumar Kotecha, Vijaykumar Vanravan Kotecha, Hasmukhbhai Ishwarlal Hindocha. It holds ₹85.45 Cr open charges and no settled loans. Its latest AGM occurred on 12 September 2025, with the balance sheet filed on 31 March 2025. It is based at F. P. No. 19, Plot No. 1 - B Hapa Road, Jamnagar, Jamnagar, Gujarat, 361001.

Company Details

CIN/LLPIN
L15400GJ2021PLC127968
Registration Number
127968
Incorporation Date
14 December 2021
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹14.47 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 24-02-2026
Paid Up Capital ₹ 14.47 Cr as on 24-02-2026
Company Age 4 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 85.45 Cr as on 24-02-2026

Comprehensive Company Insights

Explore comprehensive insights into Madhusudan Masala Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Madhusudan Masala Limited?

Current Directors

Name	Designation	Appointment Date	Status
Hiren Vijaykumar Kotecha	Whole-Time Director	15 Feb 2023	Current
Vijaykumar Vanravan Kotecha	Director	01 Jul 2023	Current
Mayuri Hiren Kotecha	Director	29 Apr 2023	Current
Parth Bipin Sukhparia	Director	29 Apr 2023	Current
Rashmi Kamlesh Otavani	Director	20 Aug 2025	Current
Rishit Kotecha	Managing Director	15 Feb 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	07 Feb 2022	Past
Pramod Abcsdd	Director	29 Apr 2023	Past
Pramod Abcsdd	Additional Director	30 Apr 2023	Past
Pramod Abcsdd	Additional Director	30 Apr 2023	Past
Pramod Abcsdd	Additional Director	30 Apr 2023	Past
Pramod Abcsdd	Additional Director	11 Sep 2025	Past

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Financial Performance of Madhusudan Masala.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

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Revenue from Operations

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Profit or Loss

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EBITDA

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What is the Ownership and Shareholding Structure of Madhusudan Masala?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹854,500,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Others : 40.21 Cr
Hdfc Bank Limited : 23.00 Cr
Axis Bank Limited : 17.25 Cr
Sidbi : 4.99 Cr

Latest Charge Details

Date	Lender	Amount	Status
13 Mar 2025	Hdfc Bank Limited	₹8.00 Cr	Open
11 Jun 2024	Axis Bank Limited	₹2.25 Cr	Open
11 Jun 2024	Axis Bank Limited	₹15.00 Cr	Open
30 Oct 2023	Hdfc Bank Limited	₹15.00 Cr	Open
18 Aug 2023	Sidbi	₹4.99 Cr	Open

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How Many Employees Work at Madhusudan Masala?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Madhusudan Masala

Recent Activity within the Organization

Annual General Meeting

Progress on Madhusudan Masala Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records. was documented.
12 Sep 2025
Director Appointment

The activity Rashmi Kamlesh Otavani was appointed as a Director was appointed as a Director on 20 Aug 2025 & has been associated with this company since 6 months 16 days . was completed.
20 Aug 2025
Balance Sheet

The activity Madhusudan Masala Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was completed.
31 Mar 2025
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 101063911 was registered on 13 Mar 2025. was documented.
13 Mar 2025
Charges

A charge with Others of Rs. 40.21 Cr registered on 29 Aug 2022 with Charge ID 100609717 was modified on 03 Jul 2024. was recorded as a recent event.
03 Jul 2024
Charges

A charge with Axis Bank Limited amounted to Rs. 2.25 Cr with Charge ID 100940552 was registered on 11 Jun 2024. was recorded as a recent event.
11 Jun 2024

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