- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-15-0034364

About Mahalaxmi Reshellers Private Limited
Data last updated:
Mahalaxmi Reshellers Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 17 June 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29199MH1988PTC047738. Its GSTIN is 27AACCM1700E1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.81 Lakh. It is led by directors including Arun Shankarrao Chougule (Whole-Time Director) and Mahaveer Manohar Kalshetti.
Its last annual general meeting (AGM) was held on 25 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No – E – 6 MIDC Gokul Shirgaon, Kolhapur, Maharashtra, India – 416234.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.02 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹71.75 Lakh (net margin 3.3%) and EBITDA of ₹2.41 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 19% over five years.
The company is associated with 1 brand: Mahalaxmi Reshellers. As per MCA filings, the company has open charges of ₹10.45 Cr and satisfied charges of ₹2.14 Cr on record. Court records list 13 cases involving the company, including 4 filed by the company and 9 filed against it; 4 cases are pending.
Mahalaxmi Reshellers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-15-0034364). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahalaxmireshellers.com.
Company details
Recognitions & Rankings of Mahalaxmi Reshellers
Contact details
Mahalaxmi Reshellers Private Limited's registered office is in Kolhapur, Maharashtra. Its website is mahalaxmireshellers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – E – 6 MIDC Gokul Shirgaon, Kolhapur, Maharashtra, India – 416234
- IndustryMachinery and Equipment, Industrial Machine Tools
To see the full contact details of Mahalaxmi Reshellers 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
Brands
Mahalaxmi Reshellers operates one associated brand: Mahalaxmi Reshellers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Sugar Mill Rollers, castings, and engineering services in India. | mahalaxmireshellers.com |
Business activity
The main business activity of Mahalaxmi Reshellers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mahalaxmi Reshellers Private Limited, buy the company report.
Financials of Mahalaxmi Reshellers Private Limited
FY 2024 filings availableMahalaxmi Reshellers Private Limited reported revenue of ₹22.02 Cr (down 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA rose 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.75 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | ||||
| Net Profit Margin | 3.3% | ||||
| 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 Mahalaxmi Reshellers Private Limited, buy the company report.
Board of directors of Mahalaxmi Reshellers Private Limited
Mahalaxmi Reshellers has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahaveer Manohar Kalshetti | Director | 30 Mar 1989 | 37 Years 7 Months | Current |
| Vaishali Sheetal Chougule | Director | 25 Mar 2010 | 16 Years 7 Months | Current |
| Arun Shankarrao Chougule | Whole-Time Director | 13 Oct 2004 | 22 Years 0 Months | Current |
| Anurag Sheetal Chougule | Director | 30 Sep 2014 | 12 Years 1 Months | Current |
Auditor
Mahalaxmi Reshellers Private Limited is audited by K G B & J ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K G B & J ASSOCIATES | FY 2022 | 114849W |
Shareholding
The shareholding of Mahalaxmi Reshellers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahalaxmi Reshellers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Oct 2025 | 101182061 | Others | ₹1.3 Cr | Open | |
| 30 Nov 2024 | 101029091 | Others | ₹1.7 Cr | Open | |
| 03 Jul 2024 | 100954077 | Others | ₹1.2 Cr | Open | |
| 11 Nov 2022 | 100650417 | Others | ₹50 Lakh | Open | |
| 23 Nov 2021 | 100520425 | Others | ₹2.5 Cr | Open |
To see the full charge records of Mahalaxmi Reshellers Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Mahalaxmi Reshellers Private Limited has 13 court cases on record: 4 filed by Mahalaxmi Reshellers, 9 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 6 | 2 |
| High courts | 5 | 3 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by The Ratnakar Bank Ltd. | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Ratnakar Bank Ltd. and Anr. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Ratnakar Bank Ltd. and Anr. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-WCA-I) | Filed against the company by an individual | Pending |
| District court, Kolhapur, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against NCS Sugar Ltd, and 3 others | Pending |
To see the full case history of Mahalaxmi Reshellers 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 Mahalaxmi Reshellers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahalaxmi Reshellers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM1700E1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 27AACCM1700E1DC | Maharashtra | Active | 27 Nov 2024 |
To see the full GST registrations and return filing status of Mahalaxmi Reshellers Private Limited, buy the company report.
Recent activity
Mahalaxmi Reshellers Private Limited has 6 board changes on record since 1989: 4 appointments and 2 cessations. The latest: Arun Shankarrao Chougule ceased to be Director on 01 Jan 2021.
13 earlier events are in the company report.
Frequently asked questions
Mahalaxmi Reshellers is an active private limited company based in Kolhapur, Maharashtra, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 17 June 1988 (38+ years old) and is registered under CIN U29199MH1988PTC047738.
Mahalaxmi Reshellers has 4 current directors:
- Arun Shankarrao Chougule - Whole-Time Director
- Mahaveer Manohar Kalshetti - Director
- Vaishali Sheetal Chougule - Director
- Anurag Sheetal Chougule - Director
The latest financial statements of Mahalaxmi Reshellers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahalaxmi Reshellers is 27AACCM1700E1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AACCM1700E1DC (Maharashtra).
The CIN (Corporate Identification Number) of Mahalaxmi Reshellers is U29199MH1988PTC047738. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahalaxmi Reshellers has 13 court cases on record: 4 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.
Mahalaxmi Reshellers was incorporated on 17 June 1988, making it 38+ years old. It is registered with the Registrar of Companies, Pune.
Arun Shankarrao Chougule ceased to be Director on 01 Jan 2021. Anurag Sheetal Chougule was appointed as Director on 30 Sep 2014. Vaishali Sheetal Chougule ceased to be Additional Director on 30 Sep 2010. Mahalaxmi Reshellers has 6 board changes on record in total.
Yes, Mahalaxmi Reshellers is registered as a small enterprise under Udyam registration (number: UDYAM-MH-15-0034364).
Mahalaxmi Reshellers can be reached through the website mahalaxmireshellers.com. Its registered office is in Kolhapur, Maharashtra, India.

