MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-OD-13-0003724
Maharaja Resources Private Limited - manufacturing in Jajpur, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹118.2 Cr
▼ 2% YoY
Net profit · FY 2025
₹1.94 Cr
Net margin 1.6%
EBITDA · FY 2025
₹6.39 Cr
EBITDA margin 5.4%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹33.27 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Directors on board
2
As per MCA filings
About Maharaja Resources Private Limited
Data last updated:
Maharaja Resources Private Limited is a private limited company based in Jajpur, Odisha, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 07 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U51420OR2010PTC012218. Its GSTIN is 21AAGCM6521K1ZL (Odisha).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Sambhu Kalyan Das (Managing Director) and Debakalyan Das.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at At – Satakanika Po – F.C Project Jajpur Road, Odisha, India – 755020.
As per the financials filed for FY 2025, the company reported a revenue of ₹118.2 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 1.6%) and EBITDA of ₹6.39 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 11% over five years.
The company is associated with 1 brand: Maharaja Group of Companies. As per MCA filings, the company has open charges of ₹33.27 Cr on record. The company has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹37.5 Lakh; the latest was in March 2021. Its 5 peer companies in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Bonafide Arts Private Limited with revenue of ₹118.38 Cr.
Maharaja Resources Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-13-0003724). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website unstain.in.
Company details
CIN U51420OR2010PTC012218
Registration Number 012218
Incorporation Date 07 July 2010
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-OD-13-0003724
Recognitions & Rankings of Maharaja Resources
Contact details
Maharaja Resources Private Limited's registered office is in Jajpur, Odisha. Its website is unstain.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAt – Satakanika Po – F.C Project Jajpur Road, Odisha, India – 755020
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Maharaja Resources Private Limited, buy the company report.
Comprehensive company report
Maharaja Resources 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
Maharaja Resources operates one associated brand: Maharaja Group of Companies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of stainless steel products, pavers, and infrastructure services in Odisha. | unstain.in |
Business activity
The main business activity of Maharaja Resources 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 Maharaja Resources Private Limited, buy the company report.
Financials of Maharaja Resources Private Limited
FY 2025 filings availableMaharaja Resources Private Limited reported revenue of ₹118.2 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹118.2 Cr ▼ 2%
Net profit · FY 2025
₹1.94 Cr margin 1.6%
EBITDA · FY 2025
₹6.39 Cr margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 2%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 17%
5 years · compounded
▲ 3%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 17% 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 | ₹6.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.94 Cr | ||||
| Balance Sheet | |||||
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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 | 5.4% | ||||
| Net Profit Margin | 1.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Maharaja Resources Private Limited, buy the company report.
Board of directors of Maharaja Resources Private Limited
Maharaja Resources has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Debakalyan Das | Director | 07 Jul 2010 | 16 Years 3 Months | Current |
| Sambhu Kalyan Das | Managing Director | 07 Jul 2010 | 16 Years 3 Months | Current |
Peer comparison
Maharaja Resources Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bonafide Arts Private Limited | ₹118.38 Cr (FY 2025) | 12.0% | Bagru, Rajasthan, India | |||
| Remi Edelstahl Tubulars Limited | ₹118.33 Cr (FY 2024) | -13.0% | Mumbai, Maharashtra, India | |||
| World Wide Iron and Steels Private Limited | ₹118.28 Cr (FY 2025) | -1.0% | Palakkad, Kerala, India | |||
| Maharaja Resources Private Limitedthis company | ₹118.2 Cr (FY 2025) | ₹1.94 Cr | 1.6% | -2.0% | Jajpur, Odisha, India | |
| Ratusaria Steels Private Limited | ₹118.07 Cr (FY 2025) | -26.0% | Howrah, West Bengal, India | |||
| Ganpati Structures Private Limited | ₹117.75 Cr (FY 2025) | 2.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Maharaja Resources Private Limited, buy the company report.
Auditor
Maharaja Resources Private Limited is audited by HARICHANDAN KARAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARICHANDAN KARAN & ASSOCIATES | FY 2023 | 326584E |
Shareholding
The shareholding of Maharaja Resources Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maharaja Resources Private Limited, buy the company report.
Charges & borrowings
Open charges
₹33.27 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jan 2022 | 100522879 | Canara Bank | ₹30 Lakh | Open | |
| 05 Mar 2021 | 100433981 | Canara Bank | ₹20 Lakh | Open | |
| 31 Aug 2018 | 100204816 | Canara Bank | ₹32 Lakh | Open | |
| 21 Mar 2015 | 10562056 | Canara Bank | ₹32.45 Cr | Open |
To see the full charge records of Maharaja Resources Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Maharaja Resources Private Limited has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹37.5 Lakh; the latest was in March 2021.
Total deals
8
Secondary share transfers
6
Funding round
1
Rights issue
1
Disclosed funding
₹37.5 Lakh
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Maharaja Minerals Pvt Ltd , an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Maharaja Minerals Pvt Ltd , Maharaja Ferro Alloys Private Limited |
| Mar 2015 | Rights issue | ₹3.24 Cr | Investors: Maharaja Ferro Alloys Private Limited , Maharaja Minerals Pvt Ltd , 2 individuals |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Maharaja Ferro Alloys Private Limited Seller: 2 individuals |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Maharaja Ferro Alloys Private Limited Seller: Maharaja Minerals Pvt Ltd |
To see the full deal history of Maharaja Resources Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Maharaja Resources Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Maharaja Resources Private Limited was last rated by Crisil on 15 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 15 Oct 2020 |
To see the full credit ratings and regulatory alerts of Maharaja Resources Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maharaja Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maharaja Resources has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCM6521K1ZL | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maharaja Resources Private Limited, buy the company report.
Recent activity
Maharaja Resources Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Sandhya Rani Das ceased to be Director on 15 Aug 2019.
Charges
A charge with Canara Bank of Rs. 32.45 Cr registered on 21 Mar 2015 with Charge ID 10562056 was modified on 11 Nov 2025.
AGM
Maharaja Resources Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Maharaja Resources Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Canara Bank amounted to Rs. 0.30 Cr with Charge ID 100522879 was registered on 15 Jan 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.20 Cr with Charge ID 100433981 was registered on 05 Mar 2021.
Ceased
Sandhya Rani Das ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 0.32 Cr with Charge ID 100204816 was registered on 31 Aug 2018.
Charges
A charge with Canara Bank amounted to Rs. 32.45 Cr with Charge ID 10562056 was registered on 21 Mar 2015.
Appointed
Debakalyan Das was appointed as Director.
Appointed
Sambhu Kalyan Das was appointed as Managing Director.
Incorporation
07 Jul 2010
Maharaja Resources Private Limited was registered on 07 Jul 2010 with Roc Cuttack & aged 16 years 3 months as per MCA records.
Frequently asked questions
Maharaja Resources is an active private limited company based in Jajpur, Odisha, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 07 July 2010 (16+ years old) and is registered under CIN U51420OR2010PTC012218.
Maharaja Resources has 2 current directors:
- Sambhu Kalyan Das - Managing Director
- Debakalyan Das - Director
The latest financial statements of Maharaja Resources on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maharaja Resources is 21AAGCM6521K1ZL, registered in Odisha.
The CIN (Corporate Identification Number) of Maharaja Resources is U51420OR2010PTC012218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharaja Resources was incorporated on 07 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Cuttack.
Maharaja Resources has 8 deals on record (6 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹37.5 Lakh; the latest was in March 2021.
The peers of Maharaja Resources by revenue are Bonafide Arts Private Limited, Remi Edelstahl Tubulars Limited, World Wide Iron and Steels Private Limited, Ratusaria Steels Private Limited, Ganpati Structures Private Limited, all in the Metals and Minerals industry (Pipes, Steel), with the same principal business activity (metal and metal products).
Sandhya Rani Das ceased to be Director on 15 Aug 2019. Debakalyan Das was appointed as Director on 07 Jul 2010. Sambhu Kalyan Das was appointed as Managing Director on 07 Jul 2010.
Yes, Maharaja Resources is registered as a medium enterprise under Udyam registration (number: UDYAM-OD-13-0003724).
Maharaja Resources can be reached through the website unstain.in. Its registered office is in Jajpur, Odisha, India.