About Mahima Fibres Private Limited
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Mahima Fibres Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U17111MP1998PTC012885. Its GSTIN is 23AACCM4603N1ZK (Madhya Pradesh). The company holds 10 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.73 Cr. It is led by directors Ashok Kumar Doshi and Rohit Doshi.
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 406 Corporate House 169 Rnt Marg, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹605.09 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹15.54 Cr (net margin 2.6%) and EBITDA of ₹55.61 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
The company has about 1,072 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹237.4 Cr and satisfied charges of ₹532.49 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 12 deals on record (6 secondary share transfers, 6 funding rounds), with disclosed funding of ₹30.27 Cr; the latest was in August 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahimacotton.com.
Company details
Contact details
Mahima Fibres Private Limited's registered office is in Indore, Madhya Pradesh. Its website is mahimacotton.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address406 Corporate House 169 Rnt Marg, Indore, Madhya Pradesh, India – 452001
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mahima Fibres Private Limited, buy the company report.
- 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
Business activity
The main business activities of Mahima Fibres are trade and manufacturing. In detail, this covers wholesale trading and textile, leather and other apparel products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Mahima Fibres Private Limited, buy the company report.
Financials of Mahima Fibres Private Limited
FY 2024 filings availableMahima Fibres Private Limited reported revenue of ₹605.09 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 10% growth in the latest year. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹55.61 Cr | ||||
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| Net Profit (PAT) | ₹15.54 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Mahima Fibres Private Limited, buy the company report.
Board of directors of Mahima Fibres Private Limited
Mahima Fibres has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Doshi Also directs: Jalvayu Spinners Private Limited, Bettercot Farms Private Limited, Mahima Cotex Private Limited and 3 more | Director | 11 Jun 1998 | 28 Years 5 Months | Current |
| Rohit Doshi Also directs: Jalvayu Spinners Private Limited, Bettercot Farms Private Limited, Mahima Cotex Private Limited and 3 more | Director | 31 Oct 2000 | 26 Years 0 Months | Current |
Auditor
Mahima Fibres Private Limited is audited by Shyam G. Khandelwal & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shyam G. Khandelwal & Co | FY 2023 | 001407C |
Shareholding
The shareholding of Mahima Fibres 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 Mahima Fibres Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Mar 2022 | 100547987 | Others | ₹237.4 Cr | Open | |
| 19 Mar 2021 | 100432671 | Axis Bank Limited | ₹87 Cr | Satisfied | |
| 21 Sep 2015 | 10605142 | State Bank of India | ₹125 Cr | Satisfied | |
| 05 Jul 2011 | 10299062 | Central Bank of India | ₹12.6 Cr | Satisfied | |
| 29 Mar 2010 | 10212495 | State Bank of India | ₹29.8 Cr | Satisfied |
To see the full charge records of Mahima Fibres Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Mahima Fibres Private Limited has 12 deals on record (6 secondary share transfers, 6 funding rounds), with disclosed funding of ₹30.27 Cr; the latest was in August 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Javda India Impex Limited , Vanguard Jewels Limited , Yash-V-Jewels Limited |
| Sep 2015 | Funding round | ₹10 Cr | Investors: Bafna Ginning and Pressing Private Limited , Delight Lifelike Products Private Limited , 2 individuals |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: Delight Lifelike Products Private Limited , an individual Seller: Mahima Cotex Private Limited , Delight Devcon Private Limited |
| Mar 2010 | Funding round | ₹4.5 Cr | Investors: Javda India Impex Limited , Kush Hindustan Entertainment Limited , Nakshatra Business Private Limited |
| Jun 2009 | Secondary share transfer | Undisclosed | Buyer: Delight Devcon Private Limited , Mahima Cotex Private Limited Seller: an individual |
To see the full deal history of Mahima Fibres Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahima Fibres Private Limited has 2 court cases on record: 2 filed by Mahima Fibres. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Indore | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, NCLT Indore | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Mahima Fibres 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahima Fibres Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahima Fibres Private Limited has a workforce of 1,072 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,072 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Mahima Fibres Private Limited, buy the company report.
GST
Mahima Fibres has 10 GST registrations: 7 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCM4603N1ZK | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AACCM4603N2ZJ | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AACCM4603N3ZI | Madhya Pradesh | Active | 01 Jul 2017 |
| 23AACCM4603N5ZG | Madhya Pradesh | Active | 24 Feb 2021 |
To see the full GST registrations and return filing status of Mahima Fibres Private Limited, buy the company report.
Recent activity
Mahima Fibres Private Limited has 5 board changes on record since 1998: 2 appointments and 3 cessations. The latest: Abhishek Kumar Doshi ceased to be Director on 01 Oct 2021.
43 earlier events are in the company report.
Frequently asked questions
Mahima Fibres is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 June 1998 (28+ years old) and is registered under CIN U17111MP1998PTC012885.
Mahima Fibres has 2 current directors:
- Ashok Kumar Doshi - Director
- Rohit Doshi - Director
The latest financial statements of Mahima Fibres 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 Mahima Fibres is 23AACCM4603N1ZK, registered in Madhya Pradesh. The company has 10 GST registrations in all, of which 7 are active and 3 are cancelled or inactive. Other active GSTINs include 23AACCM4603N2ZJ (Madhya Pradesh), 23AACCM4603N3ZI (Madhya Pradesh), 23AACCM4603N5ZG (Madhya Pradesh).
The CIN (Corporate Identification Number) of Mahima Fibres is U17111MP1998PTC012885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahima Fibres has 2 court cases on record: 2 filed by the company.
Mahima Fibres was incorporated on 11 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Gwalior.
Mahima Fibres has 12 deals on record (6 secondary share transfers, 6 funding rounds), with disclosed funding of ₹30.27 Cr; the latest was in August 2024.
Abhishek Kumar Doshi ceased to be Director on 01 Oct 2021. Ashish Doshi ceased to be Director on 01 Oct 2021. Payal Anjana ceased to be Company Secretary on 29 Feb 2020. Mahima Fibres has 5 board changes on record in total.
Mahima Fibres can be reached through the website mahimacotton.com. Its registered office is in Indore, Madhya Pradesh, India.
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