MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0189741
Majestic Solutions India Private Limited - business outsourcing in Chakan, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.22 Cr
▲ 17% YoY
Net profit · FY 2024
₹15.52 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹35.61 Lakh
EBITDA margin 2.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹85 Lakh
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
559
Provident fund records
About Majestic Solutions India Private Limited
Data last updated:
Majestic Solutions India Private Limited is a private limited company based in Chakan, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 28 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2010PTC137635. Its GSTIN is 27AAPCS0151E1ZH (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Shinde Manpower Services Private Limited. It is led by directors including Sunita Tanaji Shinde (Whole-Time Director) and Swapnil Shinde (Whole-Time Director).
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 2561 Behind Bank Of India Chakan Taluka : Khed, Maharashtra, India – 410501.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.22 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹15.52 Lakh (net margin 1.2%) and EBITDA of ₹35.61 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 6% over five years.
The company has about 559 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
Majestic Solutions India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0189741). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shindegroup.in.
Company details
CIN U74900PN2010PTC137635
Registration Number 137635
Incorporation Date 28 October 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0189741
Key People
Sunita Tanaji Shinde Whole-Time Director Swapnil Shinde Whole-Time Director Tanaji Sopana Shinde Whole-Time Director Recognitions & Rankings of Majestic Solutions India
Contact details
Majestic Solutions India Private Limited's registered office is in Chakan, Maharashtra. Its website is shindegroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2561 Behind Bank Of India Chakan Taluka : Khed, Maharashtra, India – 410501
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Majestic Solutions India Private Limited, buy the company report.
Comprehensive company report
Majestic Solutions India Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Majestic Solutions India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Majestic Solutions India Private Limited, buy the company report.
Financials of Majestic Solutions India Private Limited
FY 2024 filings availableMajestic Solutions India Private Limited reported revenue of ₹13.22 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹13.22 Cr ▲ 17%
Net profit · FY 2024
₹15.52 Lakh margin 1.2%
EBITDA · FY 2024
₹35.61 Lakh margin 2.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 19%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 128%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 17% growth in the latest year. EBITDA rose 75% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹35.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.52 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Majestic Solutions India Private Limited, buy the company report.
Board of directors of Majestic Solutions India Private Limited
Majestic Solutions India has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonal Chandrakant Bhor Also directs: Majestic Empowerment Forum | Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Sunita Tanaji Shinde Also directs: Majestic Empowerment Forum | Whole-Time Director | 28 Oct 2010 | 16 Years 0 Months | Current |
| Swapnil Shinde Also directs: Majestic Empowerment Forum | Whole-Time Director | 28 Oct 2010 | 16 Years 0 Months | Current |
| Tanaji Sopana Shinde Also directs: Majestic Empowerment Forum | Whole-Time Director | 28 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Majestic Solutions India Private Limited is audited by SUNSVG & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNSVG & ASSOCIATES | FY 2023 | 118693W |
Shareholding
The shareholding of Majestic Solutions India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Majestic Solutions India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹85 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2019 | 100296302 | Tjsb Sahakari Bank Limited | ₹40 Lakh | Open | |
| 02 May 2012 | 10356312 | The Thane Janata Sahakari Bank Limited | ₹15 Lakh | Open | |
| 04 Jan 2012 | 10331364 | Tjsb Sahakari Bank Limited | ₹30 Lakh | Open |
To see the full charge records of Majestic Solutions India Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Majestic Solutions India Private Limited has 1 court case on record: 1 filed by Majestic Solutions India. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (ECA-C) | Filed by the company against an individual | Disposed |
To see the full case history of Majestic Solutions India 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 Majestic Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Majestic Solutions India Private Limited has a workforce of 559 employees on its EPFO records as of Mar 24, 2024, across 1 active EPFO establishment.
Employee count
559
Active EPFO establishments
1
Employee growth
4.68%
GST
Majestic Solutions India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS0151E1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Majestic Solutions India Private Limited, buy the company report.
Recent activity
Majestic Solutions India Private Limited has 11 board changes on record since 2010: 4 appointments and 7 cessations. The latest: Machindra Mahadu Jadhav ceased to be Director on 23 Oct 2023.
AGM
Majestic Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Majestic Solutions India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Machindra Mahadu Jadhav ceased to be Director.
Ceased
Mangal Navnath Jadhav ceased to be Director.
Ceased
Nanda Machindra Jadhav ceased to be Director.
Ceased
Navnath Machindra Jadhav ceased to be Director.
Appointed
Sonal Chandrakant Bhor was appointed as Director.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 40.00 Lakh with Charge ID 100296302 was registered on 30 Sep 2019.
Charges
A charge with Tjsb Sahakari Bank Limited of Rs. 30.00 Lakh registered on 04 Jan 2012 with Charge ID 10331364 was modified on 31 Mar 2016.
Charges
A charge with The Thane Janata Sahakari Bank Limited amounted to Rs. 15.00 Lakh with Charge ID 10356312 was registered on 02 May 2012.
Charges
A charge with Tjsb Sahakari Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 10331364 was registered on 04 Jan 2012.
Ceased
Sunita Tanaji Shinde ceased to be Director.
6 earlier events are in the company report.
Frequently asked questions
Majestic Solutions India is an active private limited company based in Chakan, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 28 October 2010 (16+ years old) and is registered under CIN U74900PN2010PTC137635.
Majestic Solutions India has 4 current directors:
- Sunita Tanaji Shinde - Whole-Time Director
- Swapnil Shinde - Whole-Time Director
- Tanaji Sopana Shinde - Whole-Time Director
- Sonal Chandrakant Bhor - Director
The latest financial statements of Majestic Solutions India 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 Majestic Solutions India is 27AAPCS0151E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Majestic Solutions India is U74900PN2010PTC137635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Majestic Solutions India has 1 court case on record: 1 filed by the company.
Majestic Solutions India was incorporated on 28 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Machindra Mahadu Jadhav ceased to be Director on 23 Oct 2023. Mangal Navnath Jadhav ceased to be Director on 23 Oct 2023. Nanda Machindra Jadhav ceased to be Director on 23 Oct 2023. Majestic Solutions India has 11 board changes on record in total.
Yes, Majestic Solutions India is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0189741).
Majestic Solutions India can be reached through the website shindegroup.in. Its registered office is in Chakan, Maharashtra, India.
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