Mahan Synthetic Textiles Private Limited
About Mahan Synthetic Textiles Private Limited
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Mahan Synthetic Textiles Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 March 1977 and has been in existence for over 49 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17120MH1977PTC019556. Its GSTIN is 27AAACM5960C2ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.12 Lakh. It was formerly known as Mahan Synthetic Textiles Limited. It is led by directors Priyavrat Purushottam Mandhana and Prema Purushottam Mandhana.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.99 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹1.21 Cr (net margin -159.8%) and EBITDA of -₹98.14 Lakh (EBITDA margin -129.1%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 16% over five years.
As per MCA filings, the company has satisfied charges of ₹25 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahan Synthetic Textiles Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressUnit 212 Peninsula Centre Dr. S Rao Road, Near Gandhi Hospital Parel, Mumbai, Maharashtra, India – 400012
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mahan Synthetic Textiles 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 Mahan Synthetic Textiles is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Mahan Synthetic Textiles Private Limited, buy the company report.
Financials of Mahan Synthetic Textiles Private Limited
FY 2025 filings availableMahan Synthetic Textiles Private Limited reported revenue of ₹75.99 Lakh (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 96% fall in the latest year. EBITDA fell 112% 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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| EBITDA | -₹98.14 Lakh | ||||
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| Net Profit (PAT) | -₹1.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -129.1% | ||||
| Net Profit Margin | -159.8% | ||||
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To see the full financial statements and ratios of Mahan Synthetic Textiles Private Limited, buy the company report.
Board of directors of Mahan Synthetic Textiles Private Limited
Mahan Synthetic Textiles has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priyavrat Purushottam Mandhana | Director | 13 Oct 2022 | 4 Years 1 Months | Current |
| Prema Purushottam Mandhana Also directs: Mandhana Fashion House LLP, Mandhana-Wd Limited | Director | 12 Jun 2017 | 9 Years 5 Months | Current |
Auditor
Mahan Synthetic Textiles Private Limited is audited by N S J S & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S J S & ASSOCIATES | FY 2021 | 147176W |
Shareholding
The shareholding of Mahan Synthetic Textiles Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahan Synthetic Textiles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2014 | 10541105 | Ifci Limited | ₹25 Cr | Satisfied |
To see the full charge records of Mahan Synthetic Textiles Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mahan Synthetic Textiles Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Styrax Commodities Ltd Th.Ms.Sneha Tujeja | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 8 Mumbai | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 8 Mumbai | Disposed |
To see the full case history of Mahan Synthetic Textiles 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 Mahan Synthetic Textiles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahan Synthetic Textiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM5960C2ZM | Maharashtra | Active | 01 Sep 2018 |
To see the full GST registrations and return filing status of Mahan Synthetic Textiles Private Limited, buy the company report.
Recent activity
Mahan Synthetic Textiles Private Limited has 10 board changes on record since 2017: 2 appointments and 8 cessations. The latest: Priyavrat Purushottam Mandhana ceased to be Additional Director on 29 Sep 2023.
3 earlier events are in the company report.
Frequently asked questions
Mahan Synthetic Textiles is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 March 1977 (49+ years old) and is registered under CIN U17120MH1977PTC019556.
Mahan Synthetic Textiles has 2 current directors:
- Priyavrat Purushottam Mandhana - Director
- Prema Purushottam Mandhana - Director
The latest financial statements of Mahan Synthetic Textiles 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 Mahan Synthetic Textiles is 27AAACM5960C2ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mahan Synthetic Textiles is U17120MH1977PTC019556. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahan Synthetic Textiles has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the high courts.
Mahan Synthetic Textiles was incorporated on 17 March 1977, making it 49+ years old. It is registered with the Registrar of Companies, Mumbai.
Priyavrat Purushottam Mandhana ceased to be Additional Director on 29 Sep 2023. Priyavrat Purushottam Mandhana was appointed as Director on 13 Oct 2022. Sudha Biharilal Mandhana ceased to be Director on 13 Oct 2022. Mahan Synthetic Textiles has 10 board changes on record in total.
The registered office of Mahan Synthetic Textiles is at Unit 212 Peninsula Centre Dr. S Rao Road, Near Gandhi Hospital Parel, Mumbai, Maharashtra, India – 400012.
Mahan Synthetic Textiles operates in the manufacturing industry, in the textile and fabric production segment.
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