MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0041922
Mahavir Softimage (India) Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹1.85 Cr
▲ 8% YoY
Net profit · FY 2021
₹37,043
Net margin 0.2%
EBITDA · FY 2021
₹6.82 Lakh
EBITDA margin 3.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹50 Lakh
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Mahavir Softimage (India) Limited
Data last updated:
Mahavir Softimage (India) Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 18 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U22219GJ2005PLC046445. Its GSTIN is 24AAECM3847L1Z8 (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Devang Vasantbhai Shah and Vasantlal Nanchand Shah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 206 209 Mangalmurti Complex Opp City Gold Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.85 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹37,043 (net margin 0.2%) and EBITDA of ₹6.82 Lakh (EBITDA margin 3.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹50 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Mahavir Softimage (India) Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0041922). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website msilstudio.com.
Company details
CIN U22219GJ2005PLC046445
Registration Number 046445
Incorporation Date 18 July 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0041922
Key People
Devang Vasantbhai Shah Director Vasantlal Nanchand Shah Director Falguni Devang Shah Director Recognitions & Rankings of Mahavir Softimage (India)
Contact details
Mahavir Softimage (India) Limited's registered office is in Ahmedabad, Gujarat. Its website is msilstudio.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address206 209 Mangalmurti Complex Opp City Gold Cinema Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Mahavir Softimage (India) Limited, buy the company report.
Comprehensive company report
Mahavir Softimage (India) 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 Softimage (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mahavir Softimage (India) Limited, buy the company report.
Financials of Mahavir Softimage (India) Limited
FY 2021 filings availableMahavir Softimage (India) Limited reported revenue of ₹1.85 Cr (up 8% YoY) for FY 2021.
Revenue · FY 2021
₹1.85 Cr ▲ 8%
Net profit · FY 2021
₹37,043 margin 0.2%
EBITDA · FY 2021
₹6.82 Lakh margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 2%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 42%
5 years · compounded
▼ 19%
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA fell 57% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.82 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37,043 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Softimage (India) Limited, buy the company report.
Board of directors of Mahavir Softimage (India) Limited
Mahavir Softimage (India) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devang Vasantbhai Shah Also directs: Vampm Overseas Limited | Director | 18 Jul 2005 | 21 Years 3 Months | Current |
| Vasantlal Nanchand Shah | Director | 01 May 2008 | 18 Years 6 Months | Current |
| Falguni Devang Shah Also directs: Vampm Overseas Limited | Director | 02 Sep 2008 | 18 Years 2 Months | Current |
Peer comparison
Mahavir Softimage (India) Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment 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 |
|---|---|---|---|---|---|---|
| Master Alloys Ltd. | ₹1.86 Cr (FY 2025) | -83.0% | Kolkata, West Bengal, India | |||
| Civtron Transformers Private Limited | ₹1.86 Cr (FY 2025) | -41.0% | Madanganj Kishangarh, Rajasthan, India | |||
| Cobe Machines Private Limited | ₹1.85 Cr (FY 2025) | 27.0% | Namakkal, Tamil Nadu, India | |||
| Mahavir Softimage (India) Limitedthis company | ₹1.85 Cr (FY 2021) | ₹37,043 | 0.2% | 8.0% | Ahmedabad, Gujarat, India | |
| V. E Automotive India Private Limited | ₹1.85 Cr (FY 2025) | 139.0% | Agra, Uttar Pradesh, India |
To see the full peer comparison of Mahavir Softimage (India) Limited, buy the company report.
Auditor
Mahavir Softimage (India) Limited is audited by CHIRAG R SHAH & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHIRAG R SHAH & ASSOCIATES | FY 2020 | 118791W |
Shareholding
The shareholding of Mahavir Softimage (India) Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mahavir Softimage (India) Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2016 | 100052200 | Others | ₹1 Cr | Open | |
| 31 May 2010 | 10295501 | The Bhagyoday Co-Op. Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Mahavir Softimage (India) Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mahavir Softimage (India) Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CR RA) | Filed against the company by an individual | Disposed |
To see the full case history of Mahavir Softimage (India) 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 Softimage (India) Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahavir Softimage (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM3847L1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahavir Softimage (India) Limited, buy the company report.
Recent activity
Mahavir Softimage (India) Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Ritaben Manishkumar Shah ceased to be Director on 15 Apr 2010.
AGM
Mahavir Softimage (India) Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Mahavir Softimage (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100052200 was registered on 12 Apr 2016.
Charges
A charge registered on 31 May 2010 via Charge ID 10295501 with The Bhagyoday Co-Op. Bank Ltd was fully satisfied on 18 May 2015.
Charges
A charge with The Bhagyoday Co-Op. Bank Ltd amounted to Rs. 50.00 Lakh with Charge ID 10295501 was registered on 31 May 2010.
Ceased
Ritaben Manishkumar Shah ceased to be Director.
Appointed
Falguni Devang Shah was appointed as Director.
Ceased
Manishkumar Vasantlal Shah ceased to be Director.
Appointed
Vasantlal Nanchand Shah was appointed as Director.
Appointed
Devang Vasantbhai Shah was appointed as Director.
Incorporation
18 Jul 2005
Mahavir Softimage (India) Limited was registered on 18 Jul 2005 with Roc Ahmedabad & aged 21 years 3 months as per MCA records.
Frequently asked questions
Mahavir Softimage (India) is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 18 July 2005 (21+ years old) and is registered under CIN U22219GJ2005PLC046445.
Mahavir Softimage (India) has 3 current directors:
- Devang Vasantbhai Shah - Director
- Vasantlal Nanchand Shah - Director
- Falguni Devang Shah - Director
The latest financial statements of Mahavir Softimage (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahavir Softimage (India) is 24AAECM3847L1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Mahavir Softimage (India) is U22219GJ2005PLC046445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir Softimage (India) has 1 court case on record: 1 filed against it.
Mahavir Softimage (India) was incorporated on 18 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mahavir Softimage (India) by revenue are Master Alloys Ltd, Civtron Transformers Private Limited, Cobe Machines Private Limited, V. E Automotive India Private Limited, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), with the same principal business activity (wholesale trading).
Ritaben Manishkumar Shah ceased to be Director on 15 Apr 2010. Falguni Devang Shah was appointed as Director on 02 Sep 2008. Manishkumar Vasantlal Shah ceased to be Director on 01 May 2008. Mahavir Softimage (India) has 5 board changes on record in total.
Yes, Mahavir Softimage (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0041922).
Mahavir Softimage (India) can be reached through the website msilstudio.com. Its registered office is in Ahmedabad, Gujarat, India.
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