Maitri Suvarnasiddhi Private Limited
About Maitri Suvarnasiddhi Private Limited
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Maitri Suvarnasiddhi Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 03 October 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36911KA2013PTC071272. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Laxmikant Shrikrishana Narvekar and Vijay Shankar Tavare.
Its last annual general meeting (AGM) was held on 19 October 2016, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2015, the company reported a revenue of ₹11.35 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹16.85 Cr (net margin -148.5%) and EBITDA of -₹15.06 Cr (EBITDA margin -132.6%).
Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Maitri Suvarnasiddhi Private Limited's registered office is in Bangalore, Karnataka.
- Registered Address7th Floor Manipal Centre No.47 Dickenson Road 81 Municipal Divis, Ion, Bangalore, Karnataka, India – 560042
- IndustryTrading, Wholesale, Other Wholesale
- 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 activity of Maitri Suvarnasiddhi is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Maitri Suvarnasiddhi Private Limited, buy the company report.
Financials of Maitri Suvarnasiddhi Private Limited
FY 2015 filings availableMaitri Suvarnasiddhi Private Limited reported revenue of ₹11.35 Cr (up 159% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 159% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| 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 | -₹15.06 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹16.85 Cr |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -132.6% |
| Net Profit Margin | -148.5% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
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| 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 Maitri Suvarnasiddhi Private Limited, buy the company report.
Board of directors of Maitri Suvarnasiddhi Private Limited
Maitri Suvarnasiddhi has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmikant Shrikrishana Narvekar | Director | 03 Oct 2013 | 13 Years 0 Months | Current |
| Vijay Shankar Tavare | Director | 03 Oct 2013 | 13 Years 0 Months | Current |
Peer comparison
Maitri Suvarnasiddhi Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Optex Pinnacle India Private Limited | ₹11.36 Cr (FY 2025) | 67.0% | Gurgaon, Haryana, India | |||
| SS Filters Private Limited | ₹11.36 Cr (FY 2024) | -15.0% | Navi Mumbai, Maharashtra, India | |||
| Kruthika Inks Private Limited | ₹11.36 Cr (FY 2016) | 10.0% | Mumbai, Maharashtra, India | |||
| VLS Rock Sand Private Limited | ₹11.36 Cr (FY 2024) | -10.0% | Chengalpattu, Tamil Nadu, India | |||
| Ispat Associates Private Limited | ₹11.35 Cr (FY 2020) | -26.0% | Baripada, Odisha, India | |||
| Maitri Suvarnasiddhi Private Limitedthis company | ₹11.35 Cr (FY 2015) | -₹16.85 Cr | -148.5% | 159.0% | Bangalore, Karnataka, India | |
| Kakda Construction & Manufacturers Pvt Ltd | ₹11.35 Cr (FY 2025) | -69.0% | Bhopal, Madhya Pradesh, India | |||
| Suman Boutique Private Limited | ₹11.35 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Gli Footwear Private Limited | ₹11.35 Cr (FY 2025) | 220911.0% | Bahadurgarh, Haryana, India | |||
| Altimate Vyapar Private Limited | ₹11.35 Cr (FY 2025) | -11.0% | Kolkata, West Bengal, India | |||
| Medini Pumps Pvt Ltd | ₹11.35 Cr (FY 2024) | 54.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Maitri Suvarnasiddhi Private Limited, buy the company report.
Legal cases
Maitri Suvarnasiddhi Private Limited has 6 court cases on record: 1 filed by Maitri Suvarnasiddhi, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
| High courts | 3 | 3 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, Nashik, Maharashtra | Court case (Spl.Case) | Filed against the company | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Disposed |
| High Court of Gujarat | Appeal | Filed against the company | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
To see the full case history of Maitri Suvarnasiddhi 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 Maitri Suvarnasiddhi Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maitri Suvarnasiddhi has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maitri Suvarnasiddhi Private Limited, buy the company report.
Recent activity
Maitri Suvarnasiddhi Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Laxmikant Shrikrishana Narvekar was appointed as Director on 03 Oct 2013.
Frequently asked questions
Maitri Suvarnasiddhi is an active private limited company based in Bangalore, Karnataka, India. The company works in wholesale, within the trading industry. It was incorporated on 03 October 2013 (13+ years old) and is registered under CIN U36911KA2013PTC071272.
Maitri Suvarnasiddhi has 2 current directors:
- Laxmikant Shrikrishana Narvekar - Director
- Vijay Shankar Tavare - Director
The latest financial statements of Maitri Suvarnasiddhi on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 19 October 2016. Year-wise statements from 2015 are in the company report.
No. Maitri Suvarnasiddhi has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maitri Suvarnasiddhi is U36911KA2013PTC071272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maitri Suvarnasiddhi has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Maitri Suvarnasiddhi was incorporated on 03 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Maitri Suvarnasiddhi by revenue are Optex Pinnacle India Private Limited, SS Filters Private Limited, Kruthika Inks Private Limited, VLS Rock Sand Private Limited, Ispat Associates Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Laxmikant Shrikrishana Narvekar was appointed as Director on 03 Oct 2013. Vijay Shankar Tavare was appointed as Director on 03 Oct 2013.
The registered office of Maitri Suvarnasiddhi is at 7th Floor Manipal Centre No.47 Dickenson Road 81 Municipal Divis, Ion, Bangalore, Karnataka, India – 560042.
Maitri Suvarnasiddhi operates in the trading industry, in the wholesale segment.
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