MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-43-0012810
Mahavir Spinfab Private Limited - manufacturing in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹189.86 Cr
▲ 54% YoY
Net profit · FY 2024
₹17.58 Cr
Net margin 9.3%
EBITDA · FY 2024
₹34.63 Cr
EBITDA margin 18.2%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.12 Cr
Issued & subscribed
Open charges
₹64.28 Cr
Satisfied ₹61.75 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
18
Provident fund records
About Mahavir Spinfab Private Limited
Data last updated:
Mahavir Spinfab Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 13 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U67120UP1995PTC018232. Its GSTIN is 09AAACM9334L1Z2 (Uttar Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.12 Cr. It was formerly known as Jain Shares & Securities Pvt Ltd. It is led by directors including Sandip Kumar Jain (Managing Director) and Rakesh Kumar Jain.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 16 59/132 A Old Dalmandi, Kanpur, Uttar Pradesh, India – 208001.
As per the financials filed for FY 2024, the company reported a revenue of ₹189.86 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹17.58 Cr (net margin 9.3%) and EBITDA of ₹34.63 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 22% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mahavir SpinFab. As per MCA filings, the company has open charges of ₹64.28 Cr and satisfied charges of ₹61.75 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.34 Cr; the latest was in March 2015. Its 10 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 5 larger and 5 smaller; the largest is Shree Gurukrupa Tradelink Private Limited with revenue of ₹190.92 Cr.
Mahavir Spinfab Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-43-0012810). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahavirspinfab.com.
Company details
CIN U67120UP1995PTC018232
Registration Number 018232
Incorporation Date 13 June 1995
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-43-0012810
Recognitions & Rankings of Mahavir Spinfab
Contact details
Mahavir Spinfab Private Limited's registered office is in Kanpur, Uttar Pradesh. Its website is mahavirspinfab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 16 59/132 A Old Dalmandi, Kanpur, Uttar Pradesh, India – 208001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mahavir Spinfab Private Limited, buy the company report.
Comprehensive company report
Mahavir Spinfab 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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Brands
Mahavir Spinfab operates one associated brand: Mahavir SpinFab. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces technical textiles and safety workwear for industries like oil, gas, and defense. | mahavirspinfab.com |
Business activity
The main business activity of Mahavir Spinfab is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mahavir Spinfab Private Limited, buy the company report.
Financials of Mahavir Spinfab Private Limited
FY 2024 filings availableMahavir Spinfab Private Limited reported revenue of ₹189.86 Cr (up 54% YoY) for FY 2024.
Revenue · FY 2024
₹189.86 Cr ▲ 54%
Net profit · FY 2024
₹17.58 Cr margin 9.3%
EBITDA · FY 2024
₹34.63 Cr margin 18.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 47%
5 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 97%
3 years · compounded
▲ 51%
5 years · compounded
▲ 31%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 54% growth in the latest year. EBITDA rose 97% 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 |
|---|---|---|---|---|---|
| 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 | ₹34.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.58 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.2% | ||||
| Net Profit Margin | 9.3% | ||||
| 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 Spinfab Private Limited, buy the company report.
Board of directors of Mahavir Spinfab Private Limited
Mahavir Spinfab has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandip Kumar Jain Also directs: Parasnath Techgarments Private Limited, SS Abasan LLP, Nomadic Casuals Private Limited and 1 more | Managing Director | 01 Aug 2002 | 24 Years 3 Months | Current |
| Rakesh Kumar Jain Also directs: Parasnath Techgarments Private Limited, Red Star Safety Private Limited, SS Abasan LLP and 1 more | Director | 13 Jun 1995 | 31 Years 4 Months | Current |
| Shobha Jain | Director | 05 Jan 1998 | 28 Years 9 Months | Current |
| Shweta Jain Also directs: Nomadic Casuals Private Limited | Director | 04 Jan 1998 | 28 Years 9 Months | Current |
Peer comparison
Mahavir Spinfab Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Gurukrupa Tradelink Private Limited | ₹190.92 Cr (FY 2023) | -8.0% | Rajkot, Gujarat, India | |||
| Sadan Hosiery Private Limited | ₹190.5 Cr (FY 2025) | 23.0% | Ludhiana, Punjab, India | |||
| Real Spintex Private Limited | ₹190.4 Cr (FY 2025) | -15.0% | Babra, Gujarat, India | |||
| Shree Ganesh Print-Fab Private Limited | ₹190.05 Cr (FY 2025) | 81.0% | Pali Marwar, Rajasthan, India | |||
| Candour Techtex Limited | ₹189.98 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Mahavir Spinfab Private Limitedthis company | ₹189.86 Cr (FY 2024) | ₹17.58 Cr | 9.3% | 54.0% | 18 | Kanpur, Uttar Pradesh, India |
| Lavino Kapur Cottons Private Limited | ₹188.77 Cr (FY 2024) | 73.0% | Mumbai, Maharashtra, India | |||
| KPG Cottspinn India Private Limited | ₹188.7 Cr (FY 2025) | 19.0% | Coimbatore, Tamil Nadu, India | |||
| BVK Exports India Private Limited | ₹188.7 Cr (FY 2025) | 47.0% | Tirupur, Tamil Nadu, India | |||
| Raajco Spinners Private Limited | ₹188.38 Cr (FY 2025) | 5.0% | Coimbatore, Tamil Nadu, India | |||
| United Decoratives Pvt Ltd | ₹188.33 Cr (FY 2025) | 10.0% | Delhi, India |
To see the full peer comparison of Mahavir Spinfab Private Limited, buy the company report.
Auditor
Mahavir Spinfab Private Limited is audited by KEDIA GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KEDIA GUPTA & ASSOCIATES | FY 2023 | 006465C |
Shareholding
The shareholding of Mahavir Spinfab 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 Spinfab Private Limited, buy the company report.
Charges & borrowings
Open charges
₹64.28 Cr
Satisfied charges
₹61.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2025 | 101116970 | State Bank of India | ₹6.12 Cr | Open | |
| 20 Jan 2023 | 100675471 | State Bank of India | ₹1.4 Cr | Open | |
| 31 Mar 2022 | 100565507 | State Bank of India | ₹56.75 Cr | Open | |
| 28 Jul 2021 | 100471128 | Others | ₹50,000 | Open | |
| 16 Jun 2022 | 100592387 | State Bank of India | ₹1.05 Cr | Satisfied |
To see the full charge records of Mahavir Spinfab Private Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
Mahavir Spinfab Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.34 Cr; the latest was in March 2015.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹2.34 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Rakesh Kumar Jain HUF, Sandeep Kumar Jain HUF Seller: an individual |
| Mar 2008 | Funding round | ₹49 Lakh | Investors: 4 individuals |
| Mar 2007 | Funding round | ₹1.7 Cr | Investors: Parasnath Techgarments Private Limited |
| Feb 2007 | Funding round | ₹15 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahavir Spinfab Private Limited has 3 court cases on record: 3 filed by Mahavir Spinfab. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
3
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed by the company against M/S. Jiwanram Sheoduttrai Industries Private Limited | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Criminal case | Filed by the company against an individual | Pending |
| Allahabad High Court | Court case (WTAX) | Filed by the company against U.O.I. Secy. Ministry of Finance Deptt. of Revenue and Ors. | Disposed |
To see the full case history of Mahavir Spinfab 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.
Credit ratings & regulatory alerts
Mahavir Spinfab Private Limited was last rated by Care on 02 Mar 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Mar 2026 |
To see the full credit ratings and regulatory alerts of Mahavir Spinfab Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahavir Spinfab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mahavir Spinfab has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Associated companies
Employees & EPFO
Mahavir Spinfab Private Limited has a workforce of 18 employees on its EPFO records as of Nov 13, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-25%
GST
Mahavir Spinfab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACM9334L1Z2 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahavir Spinfab Private Limited, buy the company report.
Recent activity
Mahavir Spinfab Private Limited has 4 board changes on record since 1995: 4 appointments. The latest: Sandip Kumar Jain was appointed as Managing Director on 01 Aug 2002.
Charges
A charge with State Bank Of India amounted to Rs. 6.12 Cr with Charge ID 101116970 was registered on 18 Jun 2025.
Charges
A charge with State Bank Of India of Rs. 56.75 Cr registered on 31 Mar 2022 with Charge ID 100565507 was modified on 18 Jun 2025.
AGM
Mahavir Spinfab Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mahavir Spinfab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with State Bank Of India amounted to Rs. 1.40 Cr with Charge ID 100675471 was registered on 20 Jan 2023.
Charges
A charge registered on 16 Jun 2022 via Charge ID 100592387 with State Bank Of India was fully satisfied on 17 Nov 2022.
Charges
A charge registered on 26 Apr 2022 via Charge ID 100575029 with State Bank Of India was fully satisfied on 17 Nov 2022.
Charges
A charge registered on 05 Aug 2021 via Charge ID 100471126 with Others was fully satisfied on 17 Nov 2022.
Charges
A charge registered on 01 Jul 2021 via Charge ID 100460303 with Others was fully satisfied on 17 Nov 2022.
Charges
A charge registered on 24 Jun 2021 via Charge ID 100460306 with Others was fully satisfied on 17 Nov 2022.
Charges
A charge registered on 29 Dec 2018 via Charge ID 100249597 with State Bank Of India was fully satisfied on 17 Nov 2022.
Charges
A charge with State Bank Of India amounted to Rs. 1.05 Cr with Charge ID 100592387 was registered on 16 Jun 2022.
22 earlier events are in the company report.
Frequently asked questions
Mahavir Spinfab is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 13 June 1995 (31+ years old) and is registered under CIN U67120UP1995PTC018232.
Mahavir Spinfab has 4 current directors:
- Sandip Kumar Jain - Managing Director
- Rakesh Kumar Jain - Director
- Shobha Jain - Director
- Shweta Jain - Director
The latest financial statements of Mahavir Spinfab on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahavir Spinfab is 09AAACM9334L1Z2, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Mahavir Spinfab is U67120UP1995PTC018232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahavir Spinfab has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the district courts.
Mahavir Spinfab was incorporated on 13 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Kanpur.
Mahavir Spinfab has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.34 Cr; the latest was in March 2015.
The peers of Mahavir Spinfab by revenue are Shree Gurukrupa Tradelink Private Limited, Sadan Hosiery Private Limited, Real Spintex Private Limited, Shree Ganesh Print-Fab Private Limited, Candour Techtex Limited and 5 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sandip Kumar Jain was appointed as Managing Director on 01 Aug 2002. Shobha Jain was appointed as Director on 05 Jan 1998. Shweta Jain was appointed as Director on 04 Jan 1998. Mahavir Spinfab has 4 board changes on record in total.
Yes, Mahavir Spinfab is registered as a medium enterprise under Udyam registration (number: UDYAM-UP-43-0012810).
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