MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0029520
Major Footwears Private Limited - consumer goods in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹19.32 Cr
▲ 37% YoY
Net loss · FY 2024
₹16.93 Lakh
Net margin -0.9%
EBITDA · FY 2024
₹83.52 Lakh
EBITDA margin 4.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹9.39 Cr
Satisfied ₹12.23 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
13
Provident fund records
About Major Footwears Private Limited
Data last updated:
Major Footwears Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 26 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U19202MP2003PTC015909. Its GSTIN is 23AADCM8081H1ZG (Madhya Pradesh).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Rachna Seswani and Mahesh Seswani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 76 – 77 Sector – F Sanwer Road, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.32 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net loss of ₹16.93 Lakh (net margin -0.9%) and EBITDA of ₹83.52 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 7% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.39 Cr and satisfied charges of ₹12.23 Cr on record.
Major Footwears Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0029520). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website majorfootwears.com.
Company details
CIN U19202MP2003PTC015909
Registration Number 015909
Incorporation Date 26 June 2003
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0029520
Recognitions & Rankings of Major Footwears
Contact details
Major Footwears Private Limited's registered office is in Indore, Madhya Pradesh. Its website is majorfootwears.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address76 – 77 Sector – F Sanwer Road, Indore, Madhya Pradesh, India – 452001
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Major Footwears Private Limited, buy the company report.
Comprehensive company report
Major Footwears 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 Major Footwears is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Major Footwears Private Limited, buy the company report.
Financials of Major Footwears Private Limited
FY 2025 filings availableMajor Footwears Private Limited reported revenue of ₹19.32 Cr (up 37% YoY) for FY 2024.
Revenue · FY 2024
₹19.32 Cr ▲ 37%
Net loss · FY 2024
₹16.93 Lakh margin -0.9%
EBITDA · FY 2024
₹83.52 Lakh margin 4.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 18%
5 years · compounded
▼ 7%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▼ 4%
5 years · compounded
▼ 8%
Revenue rose 37% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA fell 16% 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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| EBITDA | ₹83.52 Lakh | ||||
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| Net Profit (PAT) | -₹16.93 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | -0.9% | ||||
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To see the full financial statements and ratios of Major Footwears Private Limited, buy the company report.
Board of directors of Major Footwears Private Limited
Major Footwears has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rachna Seswani | Director | 25 Apr 2011 | 15 Years 5 Months | Current |
| Mahesh Seswani | Director | 26 Jun 2003 | 23 Years 3 Months | Current |
| Yash Seswani | Director | 24 Feb 2023 | 3 Years 7 Months | Current |
Peer comparison
Major Footwears Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radha Madhav Footwear Private Limited | ₹19.73 Cr (FY 2025) | 255.0% | Delhi, India | |||
| Kaschura Design Centre Private Limited | ₹19.42 Cr (FY 2024) | 23.0% | Chennai, Tamil Nadu, India | |||
| Suri Shoes Private Limited | ₹19.36 Cr (FY 2024) | -25.0% | Kalyanpur, Uttar Pradesh, India | |||
| Major Footwears Private Limitedthis company | ₹19.32 Cr (FY 2024) | -₹16.93 Lakh | -0.9% | 37.0% | 13 | Indore, Madhya Pradesh, India |
| Shamsons Polymers Private Limited | ₹19.29 Cr (FY 2024) | -13.0% | New Delhi, Delhi, India | |||
| Zara Footwear Private Limited | ₹19.26 Cr (FY 2022) | 142.0% | Mumbai, Maharashtra, India | |||
| S.M. Footwear Private Limited | ₹19.11 Cr (FY 2024) | -9.0% | Delhi, India |
To see the full peer comparison of Major Footwears Private Limited, buy the company report.
Auditor
Major Footwears Private Limited is audited by LALIT K.JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LALIT K.JAIN & CO. | FY 2023 | 006468C |
Shareholding
The shareholding of Major Footwears 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 Major Footwears Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.39 Cr
Satisfied charges
₹12.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101175859 | Others | ₹19.05 Lakh | Open | |
| 09 Sep 2024 | 100978161 | Standard Chartered Bank | ₹4.25 Cr | Open | |
| 29 Jan 2015 | 10551559 | Hdfc Bank Limited | ₹4.95 Cr | Open | |
| 20 Apr 2023 | 100729162 | Others | ₹6.21 Cr | Satisfied | |
| 22 Mar 2011 | 10279711 | State Bank of India | ₹3.67 Cr | Satisfied |
To see the full charge records of Major Footwears Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Major Footwears Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Major Footwears Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Major Footwears Private Limited has a workforce of 13 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-48%
GST
Major Footwears has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCM8081H1ZG | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Major Footwears Private Limited, buy the company report.
Recent activity
Major Footwears Private Limited has 9 board changes on record since 2003: 3 appointments and 6 cessations. The latest: Yash Seswani ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 101175859 was registered on 31 Oct 2025.
AGM
Major Footwears Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Major Footwears Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Yash Seswani ceased to be Additional Director.
Charges
A charge with Standard Chartered Bank amounted to Rs. 4.25 Cr with Charge ID 100978161 was registered on 09 Sep 2024.
Charges
A charge registered on 20 Apr 2023 via Charge ID 100729162 with Others was fully satisfied on 06 Aug 2024.
Charges
A charge with Others amounted to Rs. 6.21 Cr with Charge ID 100729162 was registered on 20 Apr 2023.
Ceased
Kapilesh Ramnani ceased to be Director.
Appointed
Yash Seswani was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 4.95 Cr registered on 29 Jan 2015 with Charge ID 10551559 was modified on 01 Dec 2020.
Ceased
Riddhi Ramnani ceased to be Additional Director.
Ceased
Sareeta Ramnani ceased to be Director.
21 earlier events are in the company report.
Frequently asked questions
Major Footwears is an active private limited company based in Indore, Madhya Pradesh, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 26 June 2003 (23+ years old) and is registered under CIN U19202MP2003PTC015909.
Major Footwears has 3 current directors:
- Rachna Seswani - Director
- Mahesh Seswani - Director
- Yash Seswani - Director
The latest financial statements of Major Footwears on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Major Footwears is 23AADCM8081H1ZG, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Major Footwears is U19202MP2003PTC015909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Major Footwears was incorporated on 26 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Major Footwears by revenue are Radha Madhav Footwear Private Limited, Kaschura Design Centre Private Limited, Suri Shoes Private Limited, Shamsons Polymers Private Limited, Zara Footwear Private Limited and 1 more, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Yash Seswani ceased to be Additional Director on 29 Sep 2024. Kapilesh Ramnani ceased to be Director on 24 Feb 2023. Yash Seswani was appointed as Director on 24 Feb 2023. Major Footwears has 9 board changes on record in total.
Yes, Major Footwears is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0029520).
Major Footwears can be reached through the website majorfootwears.com. Its registered office is in Indore, Madhya Pradesh, India.
The registered office of Major Footwears is at 76 – 77 Sector – F Sanwer Road, Indore, Madhya Pradesh, India – 452001.