Maitry Innovision Limited
About Maitry Innovision Limited
Data last updated:
Maitry Innovision Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 01 March 1973 and has been in existence for over 53 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH1973PLC016354. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Maitry Exports Private Limited and Maitry Innovations Limited. It is led by directors including Ramesh Kundalia and Surajmal Kothari.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No.1 Sorab House Ground Floor Garden Road Coloba, Mumbai, Maharashtra, India – 400039.
As per MCA filings, the company has satisfied charges of ₹41 Lakh on record. Court records list 21 cases involving the company, including 5 filed by the company and 16 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Maitry Innovision has undergone 3 name changes throughout its history. The company was previously known as Maitry Exports Private Limited, Maitry Innovations Limited, and Maitry Exports Limited. The current legal name is Maitry Innovision Limited.
| Company Name | Status |
|---|---|
| Maitry Innovision Limited | Current |
| Maitry Exports Private Limited | Previous |
| Maitry Innovations Limited | Previous |
| Maitry Exports Limited | Previous |
CIN history
Maitry Innovision has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH1973PLC016354, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH1973PLC016354 | Current |
| U51900MH1973PLC016354 | Previous |
| U51900MH1973PTC016354 | Previous |
Contact details
Maitry Innovision Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No.1 Sorab House Ground Floor Garden Road Coloba, Mumbai, Maharashtra, India – 400039
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Maitry Innovision 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
Financials of Maitry Innovision Limited
FY 2025 filings availableMaitry Innovision Limited reported revenue of ₹861 for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 68% over five years. 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹861 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | |||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | |||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | |||
| Net Profit Margin | |||
| 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 | |||
To see the full financial statements and ratios of Maitry Innovision Limited, buy the company report.
Board of directors of Maitry Innovision Limited
Maitry Innovision has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Kundalia | Director | 25 Feb 2023 | 3 Years 8 Months | Current |
| Surajmal Kothari | Director | 03 Jan 2011 | 15 Years 9 Months | Current |
| Radhika Prakash Kundalia | Director | 03 Jan 2011 | 15 Years 9 Months | Current |
Auditor
Maitry Innovision Limited is audited by P D SARAF & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D SARAF & CO | FY 2017 | 109241W |
Shareholding
The shareholding of Maitry Innovision Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maitry Innovision Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2009 | 10191961 | Indiabulls Financial Services Limited | ₹41 Lakh | Satisfied |
To see the full charge records of Maitry Innovision Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Maitry Innovision Limited has 21 court cases on record: 5 filed by Maitry Innovision, 16 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 0 |
| High courts | 9 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by M/S Jain Studios Ltd THR. Its Managing Director, Having Its Registered Office at 137, Ansal Chambers 11, 6 Bikaji Cama Road , District: New Delhi ,New Delhi , Delhi | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Jain Studios Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Jain Studios Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P.) | Filed against the company by Jain Studios Limited | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by Jain Studios Ltd. | Disposed |
To see the full case history of Maitry Innovision 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 Maitry Innovision Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maitry Innovision 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 Maitry Innovision Limited, buy the company report.
Recent activity
Maitry Innovision Limited has 8 board changes on record since 2007: 3 appointments and 5 cessations. The latest: Chandra Prakash Baid ceased to be Director on 27 Feb 2023.
1 earlier event is in the company report.
Frequently asked questions
Maitry Innovision is an active public limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 01 March 1973 (53+ years old) and is registered under CIN U74110MH1973PLC016354.
Maitry Innovision has 3 current directors:
- Ramesh Kundalia - Director
- Surajmal Kothari - Director
- Radhika Prakash Kundalia - Director
The latest financial statements of Maitry Innovision on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
No. Maitry Innovision has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maitry Innovision is U74110MH1973PLC016354. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maitry Innovision has 21 court cases on record: 5 filed by the company and 16 filed against it. Most are in the district courts.
Maitry Innovision was incorporated on 01 March 1973, making it 53+ years old. It is registered with the Registrar of Companies, Mumbai.
Chandra Prakash Baid ceased to be Director on 27 Feb 2023. Ramesh Kundalia was appointed as Director on 25 Feb 2023. Prakash Chandra Kundalia ceased to be Director on 13 Jan 2011. Maitry Innovision has 8 board changes on record in total.
The registered office of Maitry Innovision is at Flat No.1 Sorab House Ground Floor Garden Road Coloba, Mumbai, Maharashtra, India – 400039.
Maitry Innovision operates in the business outsourcing industry, in the business and IT consulting segment.