About Mahati Electrics Pvt Ltd
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Mahati Electrics Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 05 May 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31200PN1982PTC027074. Its GSTIN is 27AABCM2653D1ZS (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Udank Ratanchand Shah and Vinaya Udaybabu Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹11,160. For the same year it recorded a net loss of ₹13.57 Lakh and EBITDA of -₹83,135. Revenue has declined at a compounded annual rate (CAGR) of 88% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹58.79 Cr and satisfied charges of ₹55.3 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahati.com.
Company details
CIN history
Mahati Electrics has one previous CIN (Corporate Identification Number): U31200MH1982PTC027074. The current CIN is U31200PN1982PTC027074, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200PN1982PTC027074 | Current |
| U31200MH1982PTC027074 | Previous |
Contact details
Mahati Electrics Pvt Ltd's registered office is in Pune, Maharashtra. Its website is mahati.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address32/33 Shankarshet Road, Behind S T Work Shop, Pune, Maharashtra, India – 411037
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Mahati Electrics Pvt Ltd, 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 Mahati Electrics is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Mahati Electrics Pvt Ltd, buy the company report.
Financials of Mahati Electrics Pvt Ltd
FY 2024 filings availableMahati Electrics Pvt Ltd reported revenue of ₹11,160 for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11,160 | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹83,135 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.57 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
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To see the full financial statements and ratios of Mahati Electrics Pvt Ltd, buy the company report.
Board of directors of Mahati Electrics Pvt Ltd
Mahati Electrics has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udank Ratanchand Shah Also directs: Samavasaran Foundation | Director | 05 May 1982 | 44 Years 5 Months | Current |
| Vinaya Udaybabu Shah Also directs: Mahati Industries Private Limited | Director | 27 Sep 2024 | 2 Years 0 Months | Current |
| Sujata Sujay Shah Also directs: Mahati Electrics Engineering Services LLP, Mahati Industries Private Limited, Sujay Shah Energy Ventures Private Limited and 2 more | Director | 27 Sep 2024 | 2 Years 0 Months | Current |
| Sujay Udaybabu Shah | Director | 10 Mar 1997 | 29 Years 7 Months | Current |
Auditor
Mahati Electrics Pvt Ltd is audited by Suryakant M Shah & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suryakant M Shah & Co. | FY 2023 | 0110712W |
Shareholding
The shareholding of Mahati Electrics Pvt Ltd 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 Mahati Electrics Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Dec 2021 | 100518263 | Others | ₹31.12 Cr | Open | |
| 29 Apr 2019 | 100265323 | Others | ₹27.67 Cr | Open | |
| 11 Aug 2017 | 100116538 | Others | ₹30 Cr | Satisfied | |
| 03 Jul 2009 | 10169147 | Union Bank of India Industrial Finance Branch | ₹25.3 Cr | Satisfied |
To see the full charge records of Mahati Electrics Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mahati Electrics Pvt Ltd has 3 court cases on record: 3 filed by Mahati Electrics. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Assistant Provident Fund Commissioner Employees Provident Fund Organisation and Anr. | Disposed |
To see the full case history of Mahati Electrics Pvt Ltd, 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 Mahati Electrics Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahati Electrics Pvt Ltd has 1 active EPFO establishment as of Mar 26, 2024.
GST
Mahati Electrics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2653D1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahati Electrics Pvt Ltd, buy the company report.
Recent activity
Mahati Electrics Pvt Ltd has 5 board changes on record since 1982: 4 appointments and 1 cessation. The latest: Sujata Sujay Shah was appointed as Director on 27 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Mahati Electrics is an active private limited company based in Pune, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 05 May 1982 (44+ years old) and is registered under CIN U31200PN1982PTC027074.
Mahati Electrics has 4 current directors:
- Udank Ratanchand Shah - Director
- Vinaya Udaybabu Shah - Director
- Sujata Sujay Shah - Director
- Sujay Udaybabu Shah - Director
The latest financial statements of Mahati Electrics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahati Electrics is 27AABCM2653D1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahati Electrics is U31200PN1982PTC027074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahati Electrics has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Mahati Electrics was incorporated on 05 May 1982, making it 44+ years old. It is registered with the Registrar of Companies, Pune.
Sujata Sujay Shah was appointed as Director on 27 Sep 2024. Vinaya Udaybabu Shah was appointed as Director on 27 Sep 2024. Udaybabu Ratanchand Shah ceased to be Whole-Time Director on 31 Mar 2019. Mahati Electrics has 5 board changes on record in total.
Mahati Electrics can be reached through the website mahati.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Mahati Electrics is at 3233 Shankarshet Road, Behind S T Work Shop, Pune, Maharashtra, India – 411037.