Maharshi Commerce Limited
About Maharshi Commerce Limited
Data last updated:
Maharshi Commerce Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Akshay Plastic Industries Pvt Ltd. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 31 May 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74140WB1983PLC223632. Its GSTIN is 19AABCM6936D1ZF (West Bengal). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹9.08 Cr. It is led by directors including Amaresh Kumar Pandari and Kumar Bansal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 18 Rabindra Sarani Poddar Court Gate No. 2, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.23 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹5.88 Cr (net margin 48.1%) and EBITDA of ₹7.35 Cr (EBITDA margin 60.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 27% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹300 Cr and satisfied charges of ₹325 Cr on record. Court records list 7 cases involving the company, including 7 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Maharshi Commerce has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140WB1983PLC223632, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140WB1983PLC223632 | Current |
| U74140AP1999PLC032224 | Previous |
| U74140TG1983PLC032224 | Previous |
| U74140AP1999PTC032224 | Previous |
| U74140AP1983PLC032224 | Previous |
Contact details
Maharshi Commerce Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address18 Rabindra Sarani Poddar Court Gate No. 2, Kolkata, West Bengal, India – 700001
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Maharshi Commerce 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 activities of Maharshi Commerce are manufacturing and real estate. In detail, this covers metal and metal products and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Maharshi Commerce Limited, buy the company report.
Financials of Maharshi Commerce Limited
FY 2024 filings availableMaharshi Commerce Limited reported revenue of ₹12.23 Cr (up 100% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 100% growth in the latest year. EBITDA rose 165% 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 | ₹7.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.88 Cr | ||||
| 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 | 60.1% | ||||
| Net Profit Margin | 48.1% | ||||
| 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 Maharshi Commerce Limited, buy the company report.
Board of directors of Maharshi Commerce Limited
Maharshi Commerce has 5 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amaresh Kumar Pandari Also directs: Avanee Curated Gifts LLP, Innoworks Software Solutions Private Limited, Engagenow Data Sciences Private Limited and 1 more | Director | 10 Jun 2020 | 6 Years 4 Months | Current |
| Kumar Bansal Also directs: The Amalgamated Coalfields Limited | Director | 02 Sep 2023 | 3 Years 2 Months | Current |
| Badri Prasad Sonthalia Also directs: The Amalgamated Coalfields Limited, Cointribe Capital Private Limited, Dynamic Realtors Private Limited and 3 more | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
| Pallavi Also directs: The Amalgamated Coalfields Limited, Setukrit Properties Limited | Additional Director | 24 Dec 2024 | 1 Years 10 Months | Current |
| Preeti Bhatia | Director | 28 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Maharshi Commerce Limited is compared with the 3 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), 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 |
|---|---|---|---|---|---|---|
| M R Steel Forging Pvt Ltd | ₹12.34 Cr (FY 2025) | -1.0% | Faridabad, Haryana, India | |||
| Metal Aids Coatings Limited | ₹12.28 Cr (FY 2025) | 92.0% | Uttranchal, Uttarakhand, India | |||
| Maharshi Commerce Limitedthis company | ₹12.23 Cr (FY 2024) | ₹5.88 Cr | 48.1% | 100.0% | 10 | Kolkata, West Bengal, India |
| Prasha Technologies Limited | ₹12.17 Cr (FY 2025) | -32.0% | Faridabad, Haryana, India |
To see the full peer comparison of Maharshi Commerce Limited, buy the company report.
Auditor
Maharshi Commerce Limited is audited by Amresh Jain & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amresh Jain & Co. | FY 2023 | 322955E |
Shareholding
The shareholding of Maharshi Commerce 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maharshi Commerce Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2024 | 100987112 | Others | ₹300 Cr | Satisfied | |
| 27 Dec 2022 | 100669824 | Hdfc Bank Limited | ₹12.5 Cr | Satisfied | |
| 27 Dec 2022 | 100656477 | Others | ₹12.5 Cr | Satisfied |
To see the full charge records of Maharshi Commerce Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Maharshi Commerce Limited has 7 court cases on record: 7 filed by Maharshi Commerce. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 1 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (EJS) | Filed by the company against Mittal Lightings Pvt. Ltd. | Pending |
| High Court | Court case (EC) | Filed by the company against Khaitan (India) Ltd. | Disposed |
| High Court | Civil suit | Filed by the company against Vensimal World Travel Agents Pvt.Ltd. | Disposed |
| High Court | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against Govind Promoters(P) Ltd | Disposed |
To see the full case history of Maharshi Commerce 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 Maharshi Commerce Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Maharshi Commerce has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Maharshi Commerce Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Maharshi Commerce has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCM6936D1ZF | West Bengal | Active | 01 Jul 2017 |
| 36AABCM6936D2ZI | Telangana | Active | 13 Oct 2017 |
| 07AABCM6936D1ZK | Delhi | Active | 09 Oct 2018 |
To see the full GST registrations and return filing status of Maharshi Commerce Limited, buy the company report.
Recent activity
Maharshi Commerce Limited has 21 board changes on record since 2007: 5 appointments and 16 cessations. The latest: Preeti Bhatia was appointed as Director on 28 Jun 2025.
18 earlier events are in the company report.
Frequently asked questions
Maharshi Commerce is an active public limited company based in Kolkata, West Bengal, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 31 May 1983 (43+ years old) and is registered under CIN U74140WB1983PLC223632.
Maharshi Commerce has 5 current directors:
- Amaresh Kumar Pandari - Director
- Kumar Bansal - Director
- Badri Prasad Sonthalia - Director
- Pallavi - Additional Director
- Preeti Bhatia - Director
The latest financial statements of Maharshi Commerce on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Maharshi Commerce is 19AABCM6936D1ZF, registered in West Bengal. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 36AABCM6936D2ZI (Telangana), 07AABCM6936D1ZK (Delhi).
The CIN (Corporate Identification Number) of Maharshi Commerce is U74140WB1983PLC223632. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maharshi Commerce has 7 court cases on record: 7 filed by the company. 2 are pending. Most are in the district courts.
Maharshi Commerce was incorporated on 31 May 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Maharshi Commerce by revenue are M R Steel Forging Pvt Ltd, Metal Aids Coatings Limited, Prasha Technologies Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Preeti Bhatia was appointed as Director on 28 Jun 2025. Rahul Kumar ceased to be Additional Director on 31 Mar 2025. Pallavi was appointed as Additional Director on 24 Dec 2024. Maharshi Commerce has 21 board changes on record in total.
The registered office of Maharshi Commerce is at 18 Rabindra Sarani Poddar Court Gate No. 2, Kolkata, West Bengal, India – 700001.
Maharshi Commerce operates in the engineering industry, in the metal foundry and fabrication services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
