Mahi Granites Private Limited

Processing and exporting granite and quartz stone for various projects and international destinations.

2004 | Hyderabad, Telangana (India) | Active
Last Updated:

Mahi Granites Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 7.23 Cr
  • Company Age 20 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 151.94 Cr
  • Satisfied Charges ₹ 160.74 Cr
  • Revenue Growth 7.39%
  • Profit Growth 23.37%
  • Ebitda 11.14%
  • Net Worth 22.04%
  • Total Assets 2.13%

About Mahi Granites

Mahi Granites Private Limited (MGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 July 2004 and has a history of 20 years and nine months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 7.23 Cr.

The company currently has active open charges totaling ₹151.94 Cr. The company has closed loans amounting to ₹160.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahi Granites Private Limited India is Prince Saraf as COMPANY SECRETARY. Govindaraju Kasyap and Govindaraju Rao serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U14102TG2004PTC043609

  • Company No.

    043609

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Mahi Granites Private Limited offer?

Mahi Granites Private Limited offers a wide range of products and services, including Stone Tiles & Floorings, Stone Tiles, Granite Tiles.

Company report

Mahi Granites Private Limited

Explore comprehensive data for Mahi Granites Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mahi Granites?

Executive Team (2)

NameDesignationAppointment DateStatus
Prince Saraf Country flag representing In Company Secretary08-Jun-2019Current
Govindaraju Rao Country flag representing In Managing Director08-Jul-2004Current

Board Members (1)

NameDesignationAppointment DateStatus
Govindaraju Kasyap Country flag representing In Director 07-Jan-2013Current

Financial Performance of Mahi Granites.

Mahi Granites Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.39% increase. The company also saw a substantial improvement in profitability, with a 23.37% increase in profit. The company's net worth Soared by an impressive increase of 22.04%.

Mahi Granites revenue growth over time
Mahi Granites profit and loss trends over time
  • 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
7.39%
Revenue from Operations
7.48%
Total Assets
2.13%
Profit or Loss
23.37%
Net Worth
22.04%
EBITDA
11.14%

What is the Ownership and Shareholding Structure of Mahi Granites?

In 2023, Mahi Granites had a promoter holding of 89.13% and a public holding of 10.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹151.94 Cr

Satisfied Charges

₹160.74 Cr

Charges Breakdown by Lending Institutions

  • Others : 90.00 Cr
  • Hdfc Bank Limited : 53.68 Cr
  • Tata Capital Financial Services Limited : 7.00 Cr
  • Axis Bank Limited : 0.90 Cr
  • Icici Bank Limited : 0.36 Cr

Latest Charge Details

DateLenderAmountStatus
21 Aug 2024Axis Bank Limited₹9.00 MOpen
06 Mar 2024Others₹7.30 CrOpen
13 Mar 2023Tata Capital Financial Services Limited₹1.00 CrOpen
03 Jan 2023Others₹32.70 CrOpen
07 Dec 2022Others₹50.00 CrOpen

How Many Employees Work at Mahi Granites?

Mahi Granites has a workforce of 250 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 growth trends for Mahi Granites Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahi Granites, 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 Mahi Granites'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.

Latest Updates, News, and FAQs on Mahi Granites

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 32.70 Cr registered on 03 Jan 2023 with Charge ID 100661269 was modified on 22 Jan 2025.

  • Annual General Meeting

    Mahi Granites Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.90 Cr with Charge ID 100997268 was registered on 21 Aug 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 46.75 Cr registered on 18 Apr 2022 with Charge ID 100572426 was modified on 09 Jul 2024.

  • Charges

    A charge registered on 25 Oct 2012 via Charge ID 10392439 with Bajaj Finance Limited was fully satisfied on 09 Jul 2024.

  • Charges

    A charge registered on 25 Aug 2012 via Charge ID 10379958 with Bajaj Finance Limited was fully satisfied on 09 Jul 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Mahi Granites Private Limited?

    Mahi Granites Private Limited was incorporated on 08 Jul 2004.

  • What is authorized share capital and paid-up capital of Mahi Granites Private Limited?

    The authorized share capital of Mahi Granites Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 7.23 Cr.

  • Who are the current board members & directors of Mahi Granites Private Limited?

    Currently 3 directors are associated with Mahi Granites Private Limited.

    • Prince Saraf
    • Govindaraju Manoj Kasyap
    • Govindaraju Krishna Rao

  • What is the registered address of Mahi Granites Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahi Granites Private Limited is D.No.1-89/A Plot No.15 Third Forth Floors Shilpi Enclave, Madhapur India, Hyderabad, Telangana, 500081.

  • What is the corporate identification number (CIN) and company number of Mahi Granites Private Limited?

    The corporate identification number (CIN) of Mahi Granites Private Limited is U14102TG2004PTC043609 and the company number is 043609 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahi Granites Private Limited?

    The Official website of Mahi Granites Private Limited is https://www.krystallos.in

  • What has been the recent revenue trend for Mahi Granites Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahi Granites Private Limited has risen by 7.39%.

  • How many employees does Mahi Granites Private Limited currently have?

    As Per 2023 financial reports, 250 employees are currently employed by Mahi Granites Private Limited.

  • What change has been observed in the net worth of Mahi Granites Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahi Granites Private Limited has experienced an upsurge of 22.04%.

  • What are the total open charges for Mahi Granites Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahi Granites Private Limited amount to ₹ 151.94 Cr.

  • When was the last Balance Sheet of Mahi Granites Private Limited filed with the ROC?

    The most recent Balance Sheet for Mahi Granites Private Limited was filed with the ROC on 31 Mar 2024.

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