About Mahesh Barcode Solutions Private Limited
Data last updated:
Mahesh Barcode Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 27 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2015PTC085192. Its GSTIN is 24AAKCM0841L1ZE (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jignesh Mansukhlal Thakkar and Simoni Jignesh Thakkar.
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 1019 Sakar – 9 Nr. Old Rbi Opp. City Gold, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.64 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹21.21 Lakh (net margin 1.4%) and EBITDA of ₹33.75 Lakh (EBITDA margin 2.3%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 15% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Apex BARtech. As per MCA filings, the company has open charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website apexbartech.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address1019 Sakar – 9 Nr. Old Rbi Opp. City Gold, Ahmedabad, Gujarat, India – 380009
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Mahesh Barcode Solutions Private Limited
The main business activity of Mahesh Barcode Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mahesh Barcode Solutions Private Limited FY 2024 filings available
Mahesh Barcode Solutions Private Limited reported revenue of ₹14.64 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mahesh Barcode Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 1% growth in the latest year. EBITDA fell 3% 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 of Mahesh Barcode Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹33.75 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.21 Lakh | •••• | •••• | •••• | •••• |
| 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 of Mahesh Barcode Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mahesh Barcode Solutions are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PCB Planet (India) Private Limited | ₹14.74 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Gandhinagar, Gujarat, India |
| Swan Sorter Systems Private Limited | ₹14.73 Cr (FY 2025) | •••• | •••• | 40.0% | •••• | Bangalore, Karnataka, India |
| Orbital Mekatronik Systems Private Limited | ₹14.71 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Thane, Maharashtra, India |
| Solvier Technologies Private Limited | ₹14.67 Cr (FY 2024) | •••• | •••• | -22.0% | •••• | Delhi, India |
| Thermosen Technologies Private Limited | ₹14.66 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Bangalore, Karnataka, India |
| Mahesh Barcode Solutions Private Limited this company | ₹14.64 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Gameshastra Solutions Private Limited | ₹14.62 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Hyderabad, Telangana, India |
| Bafna Devices Private Limited | ₹14.56 Cr (FY 2024) | •••• | •••• | 287.0% | •••• | Mumbai, Maharashtra, India |
| Mantech Intellisys Private Limited | ₹14.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Dombivli, Maharashtra, India |
| Intellitech Electronic Solutions Limited | ₹14.51 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Spectrum Solutions and Technologies Private Limited | ₹14.51 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Mahesh Barcode Solutions by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions Private Limited is audited by PARIKH & VIMAWALA for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PARIKH & VIMAWALA | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jignesh Mansukhlal Thakkar Also directs: White Ocean Tradehub LLP, Front Lead Consultancy Private Limited | Director | 27 Nov 2015 | 10 Years 10 Months | Current |
| Simoni Jignesh Thakkar | Director | 27 Nov 2015 | 10 Years 10 Months | Current |
Ownership and Shareholding of Mahesh Barcode Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mahesh Barcode Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Nov 2022 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
MSME Payment Delays by Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 15 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Phonix Corporation | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions operates one associated brand: Apex BARtech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides end-to-end barcoding and labeling solutions for diverse business segments. | apexbartech.com |
Employees and EPFO Compliance at Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions Private Limited has a workforce of 11 employees as of Apr 03, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Jignesh Mansukhlal Thakkar was appointed as Director on 27 Nov 2015.
Credit Ratings, Litigation & Regulatory Alerts for Mahesh Barcode Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mahesh Barcode Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM0841L1ZE | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mahesh Barcode Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mahesh Barcode Solutions Private Limited
Mahesh Barcode Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 27 November 2015 (11+ years old) and is registered under CIN U74900GJ2015PTC085192.
Mahesh Barcode Solutions reported revenue of ₹14.64 Cr for FY 2025 (up 1% YoY).
Mahesh Barcode Solutions has 2 current directors:
- Jignesh Mansukhlal Thakkar - Director
- Simoni Jignesh Thakkar - Director
Mahesh Barcode Solutions reported a net profit of ₹21.21 Lakh (net margin 1.4%) and EBITDA of ₹33.75 Lakh (EBITDA margin 2.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mahesh Barcode Solutions is 16% over three years and 15% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mahesh Barcode Solutions is 24AAKCM0841L1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Mahesh Barcode Solutions is U74900GJ2015PTC085192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahesh Barcode Solutions was incorporated on 27 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mahesh Barcode Solutions by revenue are PCB Planet (India) Private Limited, Swan Sorter Systems Private Limited, Orbital Mekatronik Systems Private Limited, Solvier Technologies Private Limited, Thermosen Technologies Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Jignesh Mansukhlal Thakkar was appointed as Director on 27 Nov 2015. Simoni Jignesh Thakkar was appointed as Director on 27 Nov 2015.
Mahesh Barcode Solutions has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 15 overdue payments to 2 micro and small suppliers. The latest return was filed on 25 Apr 2021.
Mahesh Barcode Solutions can be reached through the website apexbartech.co.in. Its registered office is in Ahmedabad, Gujarat, India.