MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-33-0079065
Maffs Seals Private Limited
Maffs Seals Private Limited - electrnoics in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹68.2 Lakh
▲ 976% YoY
Net profit · FY 2024
₹8.18 Lakh
Net margin 12%
EBITDA · FY 2024
₹8.69 Lakh
EBITDA margin 12.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Maffs Seals Private Limited
Data last updated:
Maffs Seals Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the home appliances segment of the electronics sector. It was incorporated on 15 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2021PTC357014. Its GSTIN is 27AAOCM4121D1ZO (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mohammed Farid Palsani and Ahmed Farid Palsani.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 303 Badhra Apartment Western Park Misquita Wadi Weh No. 8 Mira Road (E), Thane, Maharashtra, India – 401107.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.2 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.18 Lakh (net margin 12%) and EBITDA of ₹8.69 Lakh (EBITDA margin 12.7%).
Maffs Seals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0079065).
Company Details of Maffs Seals Private Limited
CIN U29309MH2021PTC357014
Registration Number 357014
Incorporation Date 15 March 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 October 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0079065
Key People
Mohammed Farid Palsani Director Ahmed Farid Palsani Director Fahad Farid Palsani Director Recognitions & Rankings of Maffs Seals
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address303 Badhra Apartment Western Park Misquita Wadi Weh No. 8 Mira Road (E), Thane, Maharashtra, India – 401107
- IndustryElectrnoics, Home Appliance, Manufacturing
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Business Activity of Maffs Seals Private Limited
The main business activity of Maffs Seals is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Maffs Seals Private Limited FY 2025 filings available
Maffs Seals Private Limited reported revenue of ₹68.2 Lakh (up 976% YoY) for FY 2024.
Revenue · FY 2024
₹68.2 Lakh ▲ 976%
Net profit · FY 2024
₹8.18 Lakh margin 12%
EBITDA · FY 2024
₹8.69 Lakh margin 12.7%
Compounded Annual Growth Rate (CAGR) of Maffs Seals Private Limited
Revenue CAGR growth
1 year
▲ 976%
EBITDA CAGR growth
1 year
▲ 222%
Revenue rose 976% in the latest year. EBITDA rose 222% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Maffs Seals Private Limited
| Metrics | 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 | ₹8.69 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.18 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 of Maffs Seals Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.7% | •••• | •••• | •••• |
| Net Profit Margin | 12% | •••• | •••• | •••• |
| 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 Maffs Seals are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Maffs Seals Private Limited
Maffs Seals has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Farid Palsani | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Ahmed Farid Palsani | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
| Fahad Farid Palsani | Director | 15 Mar 2021 | 5 Years 7 Months | Current |
Peer Comparison of Maffs Seals Private Limited
Maffs Seals Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alaknanda Pipes & Tanks Private Limited | ₹68.59 Lakh (FY 2023) | •••• | •••• | 30.0% | •••• | Kashipur, Uttarakhand, India |
| Genviss Technology Private Limited | ₹68.58 Lakh (FY 2025) | •••• | •••• | 1369.0% | •••• | Ahmedabad, Gujarat, India |
| Winline Agro Plast Private Limited | ₹68.53 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Chittorgarh, Rajasthan, India |
| Corengg Technologies Private Limited | ₹68.31 Lakh (FY 2024) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Sampark Water Infrastructure Private Limited | ₹68.21 Lakh (FY 2023) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
| Maffs Seals Private Limited this company | ₹68.2 Lakh (FY 2024) | •••• | •••• | 976.0% | •••• | Thane, Maharashtra, India |
| Fussion Fab Private Limited | ₹68.19 Lakh (FY 2024) | •••• | •••• | 109.0% | •••• | Pune, Maharashtra, India |
| Shuvodaya Solutions Private Limited | ₹68.13 Lakh (FY 2025) | •••• | •••• | 301.0% | •••• | Faridabad, Haryana, India |
| Karuvi Cooling Towers Private Limited | ₹68.13 Lakh (FY 2022) | •••• | •••• | -17.0% | •••• | Vepampattu, Tamil Nadu, India |
| Pai Enron Technologiesandsystems Private Limited | ₹68.12 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Shree Balaji Iron Foundry Pvt Ltd | ₹68.03 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Maffs Seals by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Maffs Seals Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Maffs Seals Private Limited
Maffs Seals Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Maffs Seals Private Limited
Maffs Seals Private Limited has a workforce of 0 employees as of Apr 07, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Maffs Seals Private Limited
Maffs Seals Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Ahmed Farid Palsani was appointed as Director on 15 Mar 2021.
AGM
Maffs Seals Private Limited last Annual general meeting of members was held on 31 Oct 2025 as per latest MCA records.
Filing
Maffs Seals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Appointed
Ahmed Farid Palsani was appointed as Director.
Appointed
Fahad Farid Palsani was appointed as Director.
Appointed
Mohammed Farid Palsani was appointed as Director.
Incorporation
15 Mar 2021
Maffs Seals Private Limited was registered on 15 Mar 2021 with Roc Mumbai Ii & aged 5 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Maffs Seals Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Maffs Seals Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Maffs Seals Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Maffs Seals Private Limited
Maffs Seals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM4121D1ZO | Maharashtra | Active | 04 May 2021 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Maffs Seals Private Limited
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MCA filings and documents
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Frequently Asked Questions about Maffs Seals Private Limited
Maffs Seals is an active private limited company based in Thane, Maharashtra, India. The company works in home appliance, within the electronics industry. It was incorporated on 15 March 2021 (5+ years old) and is registered under CIN U29309MH2021PTC357014.
Maffs Seals reported revenue of ₹68.2 Lakh for FY 2024 (up 976% YoY).
Maffs Seals has 3 current directors:
- Mohammed Farid Palsani - Director
- Ahmed Farid Palsani - Director
- Fahad Farid Palsani - Director
Maffs Seals reported a net profit of ₹8.18 Lakh (net margin 12%) and EBITDA of ₹8.69 Lakh (EBITDA margin 12.7%) for FY 2024, as per its filed financial statements.
The GSTIN of Maffs Seals is 27AAOCM4121D1ZO, registered in Maharashtra.
The CIN (Corporate Identification Number) of Maffs Seals is U29309MH2021PTC357014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maffs Seals was incorporated on 15 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maffs Seals by revenue are Alaknanda Pipes & Tanks Private Limited, Genviss Technology Private Limited, Winline Agro Plast Private Limited, Corengg Technologies Private Limited, Sampark Water Infrastructure Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Ahmed Farid Palsani was appointed as Director on 15 Mar 2021. Fahad Farid Palsani was appointed as Director on 15 Mar 2021. Mohammed Farid Palsani was appointed as Director on 15 Mar 2021.
Yes, Maffs Seals is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0079065).
The registered office of Maffs Seals is at 303 Badhra Apartment Western Park Misquita Wadi Weh No. 8 Mira Road E, Thane, Maharashtra, India – 401107.