MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0015666
Mahadev Pulses Private Limited - food and beverages in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹225.86 Cr
▲ 14% YoY
Net profit · FY 2025
₹1.33 Cr
Net margin 0.6%
EBITDA · FY 2025
₹2.78 Cr
EBITDA margin 1.2%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹15.42 Cr
Satisfied ₹12.4 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
9
Provident fund records
About Mahadev Pulses Private Limited
Data last updated:
Mahadev Pulses Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the staple foods and grains segment of the food and beverages sector. It was incorporated on 06 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01119GJ2003PTC042730. Its GSTIN is 24AADCM6647B1ZQ (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Kalpesh Kiranbhai Rathi and Sureshkumar Kiranbhai Rathi.
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 45 46 Opp Nova Petrochem Mahagujarat Ind Estate Moraiya Sarkhej, Bavla Rd, Ahmedabad, Gujarat, India – 382213.
As per the financials filed for FY 2025, the company reported a revenue of ₹225.86 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.33 Cr (net margin 0.6%) and EBITDA of ₹2.78 Cr (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mahadev Pulses. As per MCA filings, the company has open charges of ₹15.42 Cr and satisfied charges of ₹12.4 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in December 2013.
Mahadev Pulses Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0015666). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahadevpulses.com.
Company details
CIN U01119GJ2003PTC042730
Registration Number 042730
Incorporation Date 06 August 2003
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0015666
Key People
Kalpesh Kiranbhai Rathi Director Sureshkumar Kiranbhai Rathi Director Dineshbhai Kiranbhai Rathi Director Recognitions & Rankings of Mahadev Pulses
Contact details
Mahadev Pulses Private Limited's registered office is in Ahmedabad, Gujarat. Its website is mahadevpulses.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address45 46 Opp Nova Petrochem Mahagujarat Ind Estate Moraiya Sarkhej, Bavla Rd, Ahmedabad, Gujarat, India – 382213
- IndustryFood and Beverages, Staple Foods & Grains
To see the full contact details of Mahadev Pulses Private Limited, buy the company report.
Comprehensive company report
Mahadev Pulses 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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Brands
Mahadev Pulses operates one associated brand: Mahadev Pulses. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Production and distribution of pulses and agro products in India. | mahadevpulses.com |
Business activity
The main business activity of Mahadev Pulses 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 Mahadev Pulses Private Limited, buy the company report.
Financials of Mahadev Pulses Private Limited
FY 2025 filings availableMahadev Pulses Private Limited reported revenue of ₹225.86 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹225.86 Cr ▲ 14%
Net profit · FY 2025
₹1.33 Cr margin 0.6%
EBITDA · FY 2025
₹2.78 Cr margin 1.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 13%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 6%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 14% growth in the latest year. EBITDA fell 2% 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 | FY 2020-21 |
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| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.33 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Mahadev Pulses Private Limited, buy the company report.
Board of directors of Mahadev Pulses Private Limited
Mahadev Pulses has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kalpesh Kiranbhai Rathi | Director | 06 Aug 2003 | 23 Years 2 Months | Current |
| Sureshkumar Kiranbhai Rathi | Director | 06 Aug 2003 | 23 Years 2 Months | Current |
| Dineshbhai Kiranbhai Rathi | Director | 25 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Mahadev Pulses Private Limited is audited by Krutesh Patel & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Krutesh Patel & Associates | FY 2024 | 100865W |
Shareholding
The shareholding of Mahadev Pulses Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahadev Pulses Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15.42 Cr
Satisfied charges
₹12.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 2019 | 100281865 | Others | ₹15.42 Cr | Open | |
| 05 Apr 2004 | 90111748 | Punjab National Bank | ₹6.4 Cr | Satisfied | |
| 05 Apr 2004 | 90110722 | Punjab National Bank | ₹6 Cr | Satisfied |
To see the full charge records of Mahadev Pulses Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Mahadev Pulses Private Limited has 2 deals on record (2 secondary share transfers); the latest was in December 2013.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Apr 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahadev Pulses Private Limited has 3 court cases on record: 1 filed by Mahadev Pulses, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 3 others | Disposed |
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by Commissioner of Income Tax-Ii | Disposed |
To see the full case history of Mahadev Pulses 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 Mahadev Pulses Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahadev Pulses Private Limited has a workforce of 9 employees on its EPFO records as of Mar 28, 2025, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
GST
Mahadev Pulses has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCM6647B1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahadev Pulses Private Limited, buy the company report.
Recent activity
Mahadev Pulses Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Dineshbhai Kiranbhai Rathi ceased to be Director on 01 Apr 2025.
AGM
Mahadev Pulses Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Dineshbhai Kiranbhai Rathi ceased to be Director.
Filing
Mahadev Pulses Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 1,542.00 Lakh registered on 09 Aug 2019 with Charge ID 100281865 was modified on 06 Mar 2024.
Appointed
Dineshbhai Kiranbhai Rathi was appointed as Director.
Charges
A charge registered on 05 Apr 2004 via Charge ID 90111748 with Punjab National Bank was fully satisfied on 16 Sep 2019.
Charges
A charge registered on 05 Apr 2004 via Charge ID 90110722 with Punjab National Bank was fully satisfied on 06 Sep 2019.
Charges
A charge with Others amounted to Rs. 1,542.00 Lakh with Charge ID 100281865 was registered on 09 Aug 2019.
Charges
A charge with Punjab National Bank of Rs. 600.00 Lakh registered on 05 Apr 2004 with Charge ID 90110722 was modified on 25 Mar 2014.
Charges
A charge with Punjab National Bank of Rs. 640.00 Lakh registered on 05 Apr 2004 with Charge ID 90111748 was modified on 24 Mar 2014.
Ceased
Kirankumar Mahadevbhai Rathi ceased to be Director.
Charges
A charge with Punjab National Bank amounted to Rs. 640.00 Lakh with Charge ID 90111748 was registered on 05 Apr 2004.
4 earlier events are in the company report.
Frequently asked questions
Mahadev Pulses is an active private limited company based in Ahmedabad, Gujarat, India. The company works in staple foods and grains, within the food and beverages industry. It was incorporated on 06 August 2003 (23+ years old) and is registered under CIN U01119GJ2003PTC042730.
Mahadev Pulses has 3 current directors:
- Kalpesh Kiranbhai Rathi - Director
- Sureshkumar Kiranbhai Rathi - Director
- Dineshbhai Kiranbhai Rathi - Director
The latest financial statements of Mahadev Pulses 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 2015 are in the company report.
The GSTIN of Mahadev Pulses is 24AADCM6647B1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Mahadev Pulses is U01119GJ2003PTC042730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahadev Pulses has 3 court cases on record: 1 filed by the company and 2 filed against it.
Mahadev Pulses was incorporated on 06 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mahadev Pulses has 2 deals on record (2 secondary share transfers); the latest was in December 2013.
Dineshbhai Kiranbhai Rathi ceased to be Director on 01 Apr 2025. Dineshbhai Kiranbhai Rathi was appointed as Director on 25 Oct 2021. Kirankumar Mahadevbhai Rathi ceased to be Director on 29 Sep 2011. Mahadev Pulses has 5 board changes on record in total.
Yes, Mahadev Pulses is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0015666).
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