Mahavir Synthesis Private Limited - Company Profile

It is a chemicals and materials private limited company based in Surat, Gujarat, India, established in 2006.
2006 Surat, Gujarat, India Active
Last Updated:
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About Mahavir Synthesis Private Limited

Mahavir Synthesis Private Limited, a active private limited company, was established on 17 March 2006 in Surat, Gujarat, India. Engaging in specialty chemicals within the manufacturing sector, it holds CIN: U24110GJ2006PTC047950. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹4.50 Cr and a paid-up capital of ₹4.50 Cr.

Formerly known as Aquaace Acid And Intermediates Private Limited. It upholds a compliant status. Employing 94 professional, Its leadership includes Vipul Jivabhai Chodvadiya (Director), Manojkumar Kanchanlal Kayastha (Director), Param Vatsal Naik (Director). Past directors included Ronak Narendrabhai Patel, Dinkerrai Chhotubhai Naik. It holds ₹33.04 Cr open charges and ₹18.00 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Block No.304B & 305, Sachin Magdalla Road Gidc, Sachin, Surat, Gujarat, 394230.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U24110GJ2006PTC047950

  • Registration Number

    047950

  • Incorporation Date

    17 March 2006

  • Authorized Capital

    ₹4.50 Cr

  • Paid-Up Capital

    ₹4.50 Cr

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 4.50 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 33.04 Cr
  • Satisfied Charges ₹ 18.00 Cr
  • Revenue Growth **** -25.21%
  • Profit Growth **** -353.02%
  • Ebitda **** -97.72%
  • Net Worth -24.71%
  • Total Assets -9.98%
Company report

Mahavir Synthesis Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mahavir Synthesis Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mahavir Synthesis Private Limited?
Current Directors
Name Designation Appointment Date Status
Vipul Jivabhai Chodvadiya Director 28 May 2022 Current
Manojkumar Kanchanlal Kayastha Director 28 May 2022 Current
Param Vatsal Naik Director 21 Jul 2017 Current
Neha Vatsal Naik Director 06 Mar 2017 Current
Vatsal Dinkerrai Naik Director 17 Mar 2006 Current
Tiruja Vatsal Naik Director 19 Nov 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Nov 2007 Past
Pramod Abcsdd Director 27 Mar 2017 Past

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Financial Performance of Mahavir Synthesis.

Mahavir Synthesis Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.21% decrease. The company also saw a substantial fall in profitability, with a 353.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 24.71%.

Mahavir Synthesis revenue growth over time
Mahavir Synthesis profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -25.21%
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Revenue from Operations
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 -25.67%
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Total Assets
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 -9.98%
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Profit or Loss
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 -353.02%
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Net Worth
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 -24.71%
*******
*******
*******
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EBITDA
*******
 -97.72%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mahavir Synthesis?

In 2022, Mahavir Synthesis had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹330,400,000.00

Satisfied Charges

₹180,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 33.04 Cr
Latest Charge Details
Date Lender Amount Status
08 Jul 2020 Others ₹2.20 Cr Open
10 Aug 2017 Others ₹30.84 Cr Open
03 Sep 2014 Others ₹8.00 Cr Satisfied
05 Aug 2010 Kotak Mahindra Bank Limited ₹5.00 Cr Satisfied
30 Jul 2010 Kotak Mahindra Bank Limited ₹5.00 Cr Satisfied

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How Many Employees Work at Mahavir Synthesis?

Mahavir Synthesis has a workforce of 94 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahavir Synthesis, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahavir Synthesis's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mahavir Synthesis
Recent Activity within the Organization
  • Annual General Meeting

    Mahavir Synthesis Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Progress on Mahavir Synthesis Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Charges

    Progress on A charge with Others of Rs. 30.84 Cr registered on 10 Aug 2017 with Charge ID 100116241 was modified on 25 Mar 2025. was documented.

  • Director Appointment

    Progress on Tiruja Vatsal Naik was appointed as a Director was appointed as a Director on 19 Nov 2024 & has been associated with this company since 1 year 2 months . was documented.

  • Director Appointment

    The activity Vipul Jivabhai Chodvadiya was appointed as a Director was appointed as a Director on 28 May 2022 & has been associated with this company since 3 years 8 months . was completed.

  • Director Appointment

    The activity Manojkumar Kanchanlal Kayastha was appointed as a Director was appointed as a Director on 28 May 2022 & has been associated with this company since 3 years 8 months . was completed.

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Frequently Asked Questions
What is the CIN of Mahavir Synthesis Private Limited?

The CIN of Mahavir Synthesis Private Limited is U24110GJ2006PTC047950.

Where is Mahavir Synthesis Private Limited headquartered?

Mahavir Synthesis Private Limited is headquartered at Block No.304B & 305, Sachin Magdalla Road Gidc, Sachin, Surat, Gujarat, 394230.

When was Mahavir Synthesis Private Limited incorporated?

Mahavir Synthesis Private Limited was incorporated on 17 March 2006.

Who are the current directors of Mahavir Synthesis Private Limited?

The current directors of Mahavir Synthesis Private Limited are

What is the primary industry of Mahavir Synthesis Private Limited?

The primary industry of Mahavir Synthesis Private Limited is Manufacturing.

Is Mahavir Synthesis Private Limited a listed company?

Mahavir Synthesis Private Limited is unlisted.

What is the capital structure of Mahavir Synthesis Private Limited?

The authorized capital of Mahavir Synthesis Private Limited is ₹4.50 Cr, and the paid-up capital is ₹4.50 Cr.

What is the compliance status of Mahavir Synthesis Private Limited?

The compliance status of Mahavir Synthesis Private Limited is Compliant.

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