MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-CG-14-0011528
Mahavir Ashok Enterprises Private Limited
Mahavir Ashok Enterprises Private Limited - consumer goods in Raipur, Chhattisgarh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹34.24 Cr
▲ 38% YoY
Net profit · FY 2025
₹1.11 Cr
Net margin 3.2%
EBITDA · FY 2025
₹2.34 Cr
EBITDA margin 6.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹65.99 Lakh
Issued & subscribed
Open charges
₹8.69 Cr
Satisfied ₹7.7 Cr
Company age
44 yrs
Est. 1982
Directors on board
3
As per MCA filings
About Mahavir Ashok Enterprises Private Limited
Data last updated:
Mahavir Ashok Enterprises Private Limited is a private limited company based in Raipur, Chhattisgarh, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 20 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U45201CT1982PTC001830. Its GSTIN is 22AABCM5742M1ZF (Chattisgarh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹65.99 Lakh. It was formerly known as M Dhariwal Complex Pvt Ltd. It is led by directors including Kamlesh Kasturchand Burad and Praveen Kasturchand Burud.
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 Sadar Bazar, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.24 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 3.2%) and EBITDA of ₹2.34 Cr (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹8.69 Cr and satisfied charges of ₹7.7 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
Mahavir Ashok Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-CG-14-0011528). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45201CT1982PTC001830
Registration Number 001830
Incorporation Date 20 October 1982
ROC Chhattisgarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-CG-14-0011528
CIN history
Mahavir Ashok Enterprises has one previous CIN (Corporate Identification Number): U45201MP1982PTC001830. The current CIN is U45201CT1982PTC001830, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201CT1982PTC001830 | Current |
| U45201MP1982PTC001830 | Previous |
Key People
Kamlesh Kasturchand Burad Director Praveen Kasturchand Burud Director Kasturichand Burad Director Recognitions & Rankings of Mahavir Ashok Enterprises
Contact details
Mahavir Ashok Enterprises Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSadar Bazar, Raipur, Chhattisgarh, India – 492001
- IndustryConsumer Goods, Jewelry & Gemstone Retail & Distribution
To see the full contact details of Mahavir Ashok Enterprises Private Limited, buy the company report.
Comprehensive company report
Mahavir Ashok Enterprises 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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Business activity
The main business activity of Mahavir Ashok Enterprises is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Mahavir Ashok Enterprises Private Limited, buy the company report.
Financials of Mahavir Ashok Enterprises Private Limited
FY 2025 filings availableMahavir Ashok Enterprises Private Limited reported revenue of ₹34.24 Cr (up 38% YoY) for FY 2025.
Revenue · FY 2025
₹34.24 Cr ▲ 38%
Net profit · FY 2025
₹1.11 Cr margin 3.2%
EBITDA · FY 2025
₹2.34 Cr margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 17%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 9%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 38% growth in the latest year. EBITDA rose 71% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.11 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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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 | 6.8% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Mahavir Ashok Enterprises Private Limited, buy the company report.
Board of directors of Mahavir Ashok Enterprises Private Limited
Mahavir Ashok Enterprises has 3 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 |
|---|---|---|---|---|
| Kamlesh Kasturchand Burad Also directs: Dynamic Civil Contractors Private Limited | Director | 29 Sep 2003 | 23 Years 1 Months | Current |
| Praveen Kasturchand Burud | Director | 29 Sep 2003 | 23 Years 1 Months | Current |
| Kasturichand Burad | Director | 27 Mar 2003 | 23 Years 7 Months | Current |
Auditor
Mahavir Ashok Enterprises Private Limited is audited by V.K. AGRAWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.K. AGRAWAL & CO | FY 2022 | 018914C |
Shareholding
The shareholding of Mahavir Ashok Enterprises Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahavir Ashok Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.69 Cr
Satisfied charges
₹7.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2014 | 10511123 | Pnb Housing Finance Limited | ₹8.6 Cr | Open | |
| 28 Jul 1997 | 90208037 | Bank of Baroda | ₹8.5 Lakh | Open | |
| 26 Oct 2005 | 90210113 | State Bank of India | ₹7.5 Cr | Satisfied | |
| 28 Jul 1997 | 80043506 | Bank of Baroda | ₹8.5 Lakh | Satisfied | |
| 23 Dec 1983 | 90204494 | Central Bank of India | ₹11.63 Lakh | Satisfied |
To see the full charge records of Mahavir Ashok Enterprises Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Mahavir Ashok Enterprises Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed.
Total cases
6
Filed against the company
6
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
Cases on record (2 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHHATTISGARH | Court case (TAXC) | Filed against the company by The Deputy Commissioner of Income Tax | Disposed |
| High Court | Court case (TAXC) | Filed against the company by PR. Commissioner of Income Tax-1, | Disposed |
To see the full case history of Mahavir Ashok Enterprises 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 Mahavir Ashok Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mahavir Ashok Enterprises has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Associated companies
GST
Mahavir Ashok Enterprises has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCM5742M1ZF | Chattisgarh | Active | 01 Jul 2017 |
| 22AABCM5742M3ZD | Chattisgarh | Active | 22 Sep 2022 |
To see the full GST registrations and return filing status of Mahavir Ashok Enterprises Private Limited, buy the company report.
Recent activity
Mahavir Ashok Enterprises Private Limited has 4 board changes on record since 2003: 3 appointments and 1 cessation. The latest: Gautam Chand Burad ceased to be Managing Director on 17 Dec 2009.
AGM
Mahavir Ashok Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahavir Ashok Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chhattisgarh.
Charges
A charge registered on 26 Oct 2005 via Charge ID 90210113 with State Bank Of India was fully satisfied on 10 Jul 2014.
Charges
A charge with Pnb Housing Finance Limited amounted to Rs. 8.60 Cr with Charge ID 10511123 was registered on 30 Jun 2014.
Charges
A charge registered on 23 Dec 1983 via Charge ID 90204494 with Central Bank Of India was fully satisfied on 23 Jan 2010.
Ceased
Gautam Chand Burad ceased to be Managing Director.
Charges
A charge with State Bank Of India of Rs. 7.50 Cr registered on 26 Oct 2005 with Charge ID 90210113 was modified on 18 Mar 2008.
Charges
A charge registered on 28 Jul 1997 via Charge ID 80043506 with Bank Of Baroda was fully satisfied on 11 Mar 2008.
Charges
A charge with State Bank Of India amounted to Rs. 7.50 Cr with Charge ID 90210113 was registered on 26 Oct 2005.
Appointed
Kamlesh Kasturchand Burad was appointed as Director.
Appointed
Praveen Kasturchand Burud was appointed as Director.
Appointed
Kasturichand Burad was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Mahavir Ashok Enterprises is an active private limited company based in Raipur, Chhattisgarh, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 20 October 1982 (44+ years old) and is registered under CIN U45201CT1982PTC001830.
Mahavir Ashok Enterprises has 3 current directors:
- Kamlesh Kasturchand Burad - Director
- Praveen Kasturchand Burud - Director
- Kasturichand Burad - Director
The latest financial statements of Mahavir Ashok Enterprises 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 Mahavir Ashok Enterprises is 22AABCM5742M1ZF, registered in Chattisgarh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 22AABCM5742M3ZD (Chattisgarh).
The CIN (Corporate Identification Number) of Mahavir Ashok Enterprises is U45201CT1982PTC001830. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir Ashok Enterprises has 6 court cases on record: 6 filed against it.
Mahavir Ashok Enterprises was incorporated on 20 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
Gautam Chand Burad ceased to be Managing Director on 17 Dec 2009. Kamlesh Kasturchand Burad was appointed as Director on 29 Sep 2003. Praveen Kasturchand Burud was appointed as Director on 29 Sep 2003. Mahavir Ashok Enterprises has 4 board changes on record in total.
Yes, Mahavir Ashok Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-CG-14-0011528).
The registered office of Mahavir Ashok Enterprises is at Sadar Bazar, Raipur, Chhattisgarh, India – 492001.
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