Mahavir Iron Traders (Indore) Private Limited
About Mahavir Iron Traders (Indore) Private Limited
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Mahavir Iron Traders (Indore) Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 23 August 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U27106MP2000PTC014364. Its GSTIN is 23AADCM0929J1ZM (Madhya Pradesh).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹72.5 Lakh. It is led by directors Ajit Lalwani Jain and Amit Lalwani.
Its last annual general meeting (AGM) was held on 11 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 207 New Loha Mandi Scheme No.78 – 1, Indore, Madhya Pradesh, India – 452007.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.86 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹1.16 Lakh (net margin -62.4%) and EBITDA of -₹1.12 Lakh (EBITDA margin -59.9%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.
As per MCA filings, the company has open charges of ₹5.2 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mahavir Iron Traders (Indore) Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 207 New Loha Mandi Scheme No.78 – 1, Indore, Madhya Pradesh, India – 452007
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Mahavir Iron Traders (Indore) Private 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
Financials of Mahavir Iron Traders (Indore) Private Limited
FY 2025 filings availableMahavir Iron Traders (Indore) Private Limited reported revenue of ₹1.86 Lakh (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over three years, including a 45% fall in the latest year. EBITDA fell 358% 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 |
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| EBITDA | -₹1.12 Lakh | ||||
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| Net Profit (PAT) | -₹1.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -59.9% | ||||
| Net Profit Margin | -62.4% | ||||
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To see the full financial statements and ratios of Mahavir Iron Traders (Indore) Private Limited, buy the company report.
Board of directors of Mahavir Iron Traders (Indore) Private Limited
Mahavir Iron Traders (Indore) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajit Lalwani Jain | Director | 23 Aug 2000 | 26 Years 2 Months | Current |
| Amit Lalwani Also directs: Anks Real Estate LLP, Upkar Real Estate LLP, Mandlecha Construction Private Limited and 2 more | Director | 23 Aug 2000 | 26 Years 2 Months | Current |
Peer comparison
Mahavir Iron Traders (Indore) Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Demco Industries Pvt Ltd | ₹1.94 Lakh (FY 2025) | -84.0% | Valsad, Gujarat, India | |||
| Suvarna Steelcore Private Limited | ₹1.91 Lakh (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Kusum Steels Ltd | ₹1.91 Lakh (FY 2024) | -24.0% | Kolkata, West Bengal, India | |||
| Mahavir Iron Traders (Indore) Private Limitedthis company | ₹1.86 Lakh (FY 2024) | -₹1.16 Lakh | -62.4% | -45.0% | Indore, Madhya Pradesh, India | |
| Carnation Sales Private Limited | ₹1.86 Lakh (FY 2024) | 1.0% | Nagpur, Maharashtra, India | |||
| Jagkalyan Commercial Private Limited | ₹1.83 Lakh (FY 2024) | -68.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mahavir Iron Traders (Indore) Private Limited, buy the company report.
Auditor
Mahavir Iron Traders (Indore) Private Limited is audited by H N JHAVAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H N JHAVAR & CO. | FY 2023 | 000544C |
Shareholding
The shareholding of Mahavir Iron Traders (Indore) Private 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 Mahavir Iron Traders (Indore) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2004 | 90209568 | Canara Bank | ₹5.2 Cr | Open |
To see the full charge records of Mahavir Iron Traders (Indore) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mahavir Iron Traders (Indore) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahavir Iron Traders (Indore) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahavir Iron Traders (Indore) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCM0929J1ZM | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahavir Iron Traders (Indore) Private Limited, buy the company report.
Recent activity
Mahavir Iron Traders (Indore) Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Sangeeta Jain ceased to be Additional Director on 30 Sep 2015.
Frequently asked questions
Mahavir Iron Traders (Indore) is an active private limited company based in Indore, Madhya Pradesh, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 23 August 2000 (26+ years old) and is registered under CIN U27106MP2000PTC014364.
Mahavir Iron Traders (Indore) has 2 current directors:
- Ajit Lalwani Jain - Director
- Amit Lalwani - Director
The latest financial statements of Mahavir Iron Traders (Indore) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahavir Iron Traders (Indore) is 23AADCM0929J1ZM, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mahavir Iron Traders (Indore) is U27106MP2000PTC014364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir Iron Traders (Indore) was incorporated on 23 August 2000, making it 26+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mahavir Iron Traders (Indore) by revenue are Demco Industries Pvt Ltd, Suvarna Steelcore Private Limited, Kusum Steels Ltd, Carnation Sales Private Limited, Jagkalyan Commercial Private Limited, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Sangeeta Jain ceased to be Additional Director on 30 Sep 2015. Ajit Lalwani Jain was appointed as Director on 23 Aug 2000. Amit Lalwani was appointed as Director on 23 Aug 2000.
The registered office of Mahavir Iron Traders (Indore) is at B – 207 New Loha Mandi Scheme No.78 – 1, Indore, Madhya Pradesh, India – 452007.
Mahavir Iron Traders (Indore) operates in the metals and minerals industry, in the metal retail and distribution segment.
Mahavir Iron Traders (Indore) has open charges of ₹5.2 Cr and no satisfied charges on record as per latest MCA filings.