Maiyas Restaurants Private Limited, a active private limited company, was established on 26 March 2014 in Bangalore, Karnataka, India. Engaging in restaurants & dining services within the accommodation and food service sector, it holds CIN: U15500KA2014PTC074445. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹1.00 Cr.
Formerly known as Maiyas Restaurnts Private Limited. It upholds a compliant status. Employing 202 professional, Its leadership includes Sudarshan P Maiya (Director), Parampalli Sadananda Maiya (Director). Past directors included Sudarshan P Maiya, Deepak Mittal, Ajay Subhash Mittal. It holds ₹7.53 Cr open charges and ₹10.85 Cr settled loans. Its latest AGM occurred on 30 September 2023, with the balance sheet filed on 31 March 2023. It is based at #53, 7Th B Main, 30Th Cross 4Th Block Jayanagar, Bangalore, Karnataka, 560011.
U15500KA2014PTC074445
074445
26 March 2014
₹1.00 Cr
₹1.00 Cr
Roc Bangalore
Unlisted
Active
Explore comprehensive insights into Maiyas Restaurants Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudarshan P Maiya | Director | 01 Jun 2018 | Current |
| Parampalli Sadananda Maiya | Director | 26 Mar 2014 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 17 May 2016 | Past |
| Pramod Abcsdd | Additional Director | 17 May 2016 | Past |
| Pramod Abcsdd | Nominee Director | 30 May 2018 | Past |
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Maiyas Restaurants Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.72% decrease. The company also saw a slight improvement in profitability, with a 9.02% increase in profit. The company's net worth moved up by a moderate rise of 0.83%.
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In 2023, Maiyas Restaurants had a promoter holding of 99.90% and a public holding of 0.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹75,250,000.00
₹108,521,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 May 2021 | Others | ₹8.00 M | Open |
| 17 Jun 2020 | Others | ₹8.25 M | Open |
| 04 Apr 2020 | Karnataka Bank Ltd. | ₹4.50 Cr | Open |
| 07 Jan 2015 | The Karnataka Bank Limited | ₹1.40 Cr | Open |
| 03 Feb 2021 | Others | ₹4.00 M | Satisfied |
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Maiyas Restaurants has a workforce of 202 employees as of Mar 30, 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.
Gain comprehensive insights into the Deals and Valuation data of Maiyas Restaurants, 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 Maiyas Restaurants's trajectory.
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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.
A charge registered on 03 Feb 2021 via Charge ID 100415568 with Others was fully satisfied on 15 Feb 2024. was recorded as a recent event.
The activity A charge registered on 03 Jul 2020 via Charge ID 100371352 with Others was fully satisfied on 15 Feb 2024. was completed.
The activity A charge registered on 07 Jan 2015 via Charge ID 10544206 with The Karnataka Bank Limited was fully satisfied on 15 Feb 2024. was completed.
The activity A charge registered on 18 Jul 2014 via Charge ID 10513593 with Others was fully satisfied on 15 Feb 2024. was completed.
Maiyas Restaurants Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records. was recorded as a recent event.
Maiyas Restaurants Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore. was recorded as a recent event.
The Tribunal has passed an order to this effect going by the recommendation of the Committee of Creditors (CoC) and interim resolution professional (IRP) Ashish Kanodia. .
Akashika Foods, a Bengaluru-based food company, has taken over the South Indian packaged food brand Maiyas as per a resolution order passed by NCLT..
When MTR Foods accused Maiyas Beverages and Foods of selling their restaurants subsidiary for less than it was worth, NCLT said no. MTR also said Maiyas founder illegally gave rights to Maiyas brand to Maiyas Restaurants. MTR bid for Maiyas but lost to Akashika Foods, a company formed by Maiyas employees and backed by Sadananda Maiya. Maiyas had to cut back due to lack of funds and had to go to tribunal because of issues with PE firms..
Sadananda Maiya-backed Akashika Foods has been selected by the National Company Law Tribunal’s resolution professional to resurrect the beleaguered Maiyas Beverages and Foods, sources told TOI..
The interest of MTR to resurrect Maiyas is a cruel twist of fate considering it was a brand that was owned by the latter and sold off to Norwegian food company Orkla in 2007..
The CIN of Maiyas Restaurants Private Limited is U15500KA2014PTC074445.
Maiyas Restaurants Private Limited is headquartered at #53, 7Th B Main, 30Th Cross 4Th Block Jayanagar, Bangalore, Karnataka, 560011.
Maiyas Restaurants Private Limited was incorporated on 26 March 2014.
The current directors of Maiyas Restaurants Private Limited are
The primary industry of Maiyas Restaurants Private Limited is Accommodation And Food Service.
Maiyas Restaurants Private Limited is unlisted.
The authorized capital of Maiyas Restaurants Private Limited is ₹1.00 Cr, and the paid-up capital is ₹1.00 Cr.
The compliance status of Maiyas Restaurants Private Limited is Compliant.
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