- Category
- Small (2022-23)
- Udyam number
- UDYAM-UP-29-0002487

Mahaveer Cylinders Limited
About Mahaveer Cylinders Limited
Data last updated:
Mahaveer Cylinders Limited is a public limited company based in Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40200DL1981PLC012737. Its GSTIN is 09AACCM7745F1ZA (Uttar Pradesh). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.24 Cr. It was formerly known as Badopalia Industries Ltd. It is led by directors including Dinesh Mittal (Managing Director) and Nirupa Mittal.
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 B – 13/5 G/F Jhilmil Industrial Area G.T. Road Shahdhra, Delhi, India – 110095.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.1 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹20.75 Lakh (net margin -0.8%) and EBITDA of ₹1.01 Cr (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹15.07 Cr and satisfied charges of ₹20.46 Cr on record. Court records list 17 cases involving the company, including 13 filed by the company and 4 filed against it; 1 case is pending.
Mahaveer Cylinders Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0002487). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mahaveer Cylinders
Contact details
Mahaveer Cylinders Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 13/5 G/F Jhilmil Industrial Area G.T. Road Shahdhra, Delhi, India – 110095
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Mahaveer Cylinders 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 Mahaveer Cylinders 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 Mahaveer Cylinders Limited, buy the company report.
Financials of Mahaveer Cylinders Limited
FY 2025 filings availableMahaveer Cylinders Limited reported revenue of ₹25.1 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 42% 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 | ₹1.01 Cr | ||||
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| Net Profit (PAT) | -₹20.75 Lakh | ||||
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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 | 4% | ||||
| Net Profit Margin | -0.8% | ||||
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To see the full financial statements and ratios of Mahaveer Cylinders Limited, buy the company report.
Board of directors of Mahaveer Cylinders Limited
Mahaveer Cylinders has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dinesh Mittal | Managing Director | 09 Jun 1995 | 31 Years 4 Months | Current |
| Nirupa Mittal Also directs: Aamr Lifesciences Private Limited | Director | 12 Aug 2000 | 26 Years 2 Months | Current |
| Savitri Devi Also directs: Mahaveer Aqua Private Limited | Director | 10 Aug 2017 | 9 Years 2 Months | Current |
Auditor
Mahaveer Cylinders Limited is audited by NEERAJ VINOD & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEERAJ VINOD & ASSOCIATES | FY 2023 | 010179C |
Shareholding
The shareholding of Mahaveer Cylinders 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 Mahaveer Cylinders Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2025 | 101079103 | Hdfc Bank Limited | ₹12.57 Lakh | Open | |
| 20 Nov 2021 | 100510558 | Others | ₹60 Lakh | Open | |
| 17 Sep 2020 | 100374950 | Others | ₹1.63 Cr | Open | |
| 03 Dec 2016 | 100066182 | Others | ₹25 Lakh | Open | |
| 22 Dec 2015 | 10608990 | Others | ₹12.32 Cr | Open |
To see the full charge records of Mahaveer Cylinders Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Mahaveer Cylinders Limited has 17 court cases on record: 13 filed by Mahaveer Cylinders, 4 filed against it. 1 case is pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 2 | 0 |
| District courts | 2 | 1 | 1 |
| NCLAT | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARAP) | Filed by the company against Hindustan Petroleum Corporation Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Prathima Industries Pvt. Ltd. and 3 others | Disposed |
| Bombay High Court | Court case (CARBP) | Filed by the company against Hindustan Petroleum Corporation Ltd | Disposed |
| Bombay High Court | Court case (NMCD) | Filed by the company against Hindustan Petroleum Corporation Ltd | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Indian Oil Company Ltd | Disposed |
To see the full case history of Mahaveer Cylinders 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
Mahaveer Cylinders Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Perfect Products | |||
| CVK Electricals India Private Limited |
To see the full MSME payment records of Mahaveer Cylinders Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mahaveer Cylinders has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCM7745F1ZA | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahaveer Cylinders Limited, buy the company report.
Recent activity
Mahaveer Cylinders Limited has 8 board changes on record since 1995: 3 appointments and 5 cessations. The latest: Gagan Agarwal ceased to be Additional Director on 01 Jun 2022.
42 earlier events are in the company report.
Frequently asked questions
Mahaveer Cylinders is an active public limited company based in Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 November 1981 (45+ years old) and is registered under CIN U40200DL1981PLC012737.
Mahaveer Cylinders has 3 current directors:
- Dinesh Mittal - Managing Director
- Nirupa Mittal - Director
- Savitri Devi - Director
The latest financial statements of Mahaveer Cylinders 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 Mahaveer Cylinders is 09AACCM7745F1ZA, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mahaveer Cylinders is U40200DL1981PLC012737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaveer Cylinders has 17 court cases on record: 13 filed by the company and 4 filed against it. 1 is pending. Most are in the high courts.
Mahaveer Cylinders was incorporated on 30 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Delhi.
Gagan Agarwal ceased to be Additional Director on 01 Jun 2022. Vijay Kumar Agrawal ceased to be Additional Director on 20 Oct 2021. Savitri Devi was appointed as Director on 10 Aug 2017. Mahaveer Cylinders has 8 board changes on record in total.
Yes, Mahaveer Cylinders is registered as a small enterprise under Udyam registration (number: UDYAM-UP-29-0002487).
Mahaveer Cylinders has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 May 2019.
The registered office of Mahaveer Cylinders is at B – 135 GF Jhilmil Industrial Area G.T. Road Shahdhra, Delhi, India – 110095.