MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0213702
Mahaseth Couriers Private Limited - transport and logistics in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.7 Cr
▲ 13% YoY
Net profit · FY 2025
₹3.98 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹21.27 Lakh
EBITDA margin 7.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.7 Cr
Satisfied ₹36 Lakh
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Mahaseth Couriers Private Limited
Data last updated:
Mahaseth Couriers Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the express logistics segment of the transport and logistics sector. It was incorporated on 19 March 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U64100MH2015PTC262843. Its GSTIN is 27AAJCM6510F2ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajit Kumar Sha and Prahlad Mahaseth.
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 Shop – 9 Plot – 43 Sector – 11 CBD Navi Mumbai, Maharashtra, India – 400614.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.7 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.98 Lakh (net margin 1.5%) and EBITDA of ₹21.27 Lakh (EBITDA margin 7.9%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company is associated with 1 brand: Mahaseth Couriers. As per MCA filings, the company has open charges of ₹1.7 Cr and satisfied charges of ₹36 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it.
Mahaseth Couriers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0213702). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahasethcouriers.com.
Company details
CIN U64100MH2015PTC262843
Registration Number 262843
Incorporation Date 19 March 2015
ROC Mumbai
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 Micro
Udyam Registration UDYAM-MH-19-0213702
Key People
Ajit Kumar Sha Director Prahlad Mahaseth Director Recognitions & Rankings of Mahaseth Couriers
Contact details
Mahaseth Couriers Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is mahasethcouriers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop – 9 Plot – 43 Sector – 11 CBD Navi Mumbai, Maharashtra, India – 400614
- IndustryTransport and Logistics, Express Logistics
To see the full contact details of Mahaseth Couriers Private Limited, buy the company report.
Comprehensive company report
Mahaseth Couriers 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
Mahaseth Couriers operates one associated brand: Mahaseth Couriers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Courier and cargo services, including domestic and international shipping, warehousing, and transportation solutions. | mahasethcouriers.com |
Business activity
The main business activity of Mahaseth Couriers is transportation and storage. In detail, this covers postal and courier activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transportation and storage | 53 | Postal and courier activities |
To see the full business activity and turnover split of Mahaseth Couriers Private Limited, buy the company report.
Financials of Mahaseth Couriers Private Limited
FY 2025 filings availableMahaseth Couriers Private Limited reported revenue of ₹2.7 Cr (up 13% YoY) for FY 2025.
Revenue · FY 2025
₹2.7 Cr ▲ 13%
Net profit · FY 2025
₹3.98 Lakh margin 1.5%
EBITDA · FY 2025
₹21.27 Lakh margin 7.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 2%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 3%
5 years · compounded
▼ 14%
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 52% 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 | ₹21.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.98 Lakh | ||||
| 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 | 7.9% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mahaseth Couriers Private Limited, buy the company report.
Board of directors of Mahaseth Couriers Private Limited
Mahaseth Couriers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Kumar Sha Also directs: Urbanaxis Hospitality Private Limited | Director | 26 Dec 2023 | 2 Years 10 Months | Current |
| Prahlad Mahaseth Also directs: Mahaseth Hospitality Private Limited, Urbanaxis Hospitality Private Limited, Logiphex Technologies Private Limited and 1 more | Director | 19 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Mahaseth Couriers Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal and courier activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Perfect Packers & Couriers (Mumbai) Private Limited | ₹2.73 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India | |||
| Pravri Corporate Management Services Private Limited | ₹2.73 Cr (FY 2024) | 191.0% | Mumbai, Maharashtra, India | |||
| Progressive Courier Servicees Private Limited | ₹2.72 Cr (FY 2025) | -14.0% | Bangalore, Karnataka, India | |||
| Mahaseth Couriers Private Limitedthis company | ₹2.7 Cr (FY 2025) | ₹3.98 Lakh | 1.5% | 13.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Mahaseth Couriers Private Limited, buy the company report.
Auditor
Mahaseth Couriers Private Limited is audited by J M K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M K & CO | FY 2019 | 120459W |
Shareholding
The shareholding of Mahaseth Couriers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mahaseth Couriers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.7 Cr
Satisfied charges
₹36 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2025 | 101123589 | Others | ₹98.35 Lakh | Open | |
| 30 Jul 2020 | 100361318 | Others | ₹11.77 Lakh | Open | |
| 11 Feb 2019 | 100251856 | Others | ₹60 Lakh | Open | |
| 31 Oct 2015 | 10618195 | Indostar Capital Finance Limited | ₹36 Lakh | Satisfied |
To see the full charge records of Mahaseth Couriers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mahaseth Couriers Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Cholamandalam Investment and Finance Company Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
To see the full case history of Mahaseth Couriers 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 Mahaseth Couriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahaseth Couriers Private Limited has 1 active EPFO establishment as of Apr 02, 2024.
Active EPFO establishments
1
GST
Mahaseth Couriers has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCM6510F2ZJ | Maharashtra | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Mahaseth Couriers Private Limited, buy the company report.
Recent activity
Mahaseth Couriers Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Ajit Kumar Sha was appointed as Director on 26 Dec 2023.
AGM
Mahaseth Couriers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahaseth Couriers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 98.35 Lakh with Charge ID 101123589 was registered on 31 Mar 2025.
Appointed
Ajit Kumar Sha was appointed as Director.
Ceased
Mukesh Kumar ceased to be Additional Director.
Ceased
Shambhu Prasad Sahu ceased to be Director.
Ceased
Sunil Kumar Jha ceased to be Additional Director.
Ceased
Sunita Prahlad Mahaseth ceased to be Director.
Charges
A charge with Others amounted to Rs. 11.77 Lakh with Charge ID 100361318 was registered on 30 Jul 2020.
Charges
A charge registered on 31 Oct 2015 via Charge ID 10618195 with Indostar Capital Finance Limited was fully satisfied on 05 Mar 2019.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100251856 was registered on 11 Feb 2019.
Charges
A charge with Indostar Capital Finance Limited amounted to Rs. 36.00 Lakh with Charge ID 10618195 was registered on 31 Oct 2015.
2 earlier events are in the company report.
Frequently asked questions
Mahaseth Couriers is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in express logistics, within the transport and logistics industry. It was incorporated on 19 March 2015 (11+ years old) and is registered under CIN U64100MH2015PTC262843.
Mahaseth Couriers has 2 current directors:
- Ajit Kumar Sha - Director
- Prahlad Mahaseth - Director
The latest financial statements of Mahaseth Couriers 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 Mahaseth Couriers is 27AAJCM6510F2ZJ, 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 Mahaseth Couriers is U64100MH2015PTC262843. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaseth Couriers has 5 court cases on record: 5 filed against it.
Mahaseth Couriers was incorporated on 19 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mahaseth Couriers by revenue are Perfect Packers & Couriers (Mumbai) Private Limited, Pravri Corporate Management Services Private Limited, Progressive Courier Servicees Private Limited, all in the Transport and Logistics industry (Express Logistics), with the same principal business activity (postal and courier activities).
Ajit Kumar Sha was appointed as Director on 26 Dec 2023. Mukesh Kumar ceased to be Additional Director on 30 Sep 2022. Shambhu Prasad Sahu ceased to be Director on 02 Mar 2022. Mahaseth Couriers has 6 board changes on record in total.
Yes, Mahaseth Couriers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0213702).
Mahaseth Couriers can be reached through the website mahasethcouriers.com. Its registered office is in Navi Mumbai, Maharashtra, India.