About Maruthisan Private Limited
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Maruthisan Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 25 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34100KA2019PTC131006. Its GSTIN is 29AANCM1883H1ZY (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.09 Lakh. It is led by directors Muralimohana Munivenkatappa and Veeranna Vijesha.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.99 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.34 Lakh (net margin 2%) and EBITDA of ₹65.85 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company is associated with 1 brand: Maruthisan. As per MCA filings, the company has open charges of ₹1.85 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in March 2020. Its 10 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles) are compared by revenue, 5 larger and 5 smaller; the largest is Irp Systems India Private Limited with revenue of ₹8.58 Cr.
For more details, the company can be reached via its website maruthisan.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.03A 2nd Main Gangondanahalli Circle Lakshmipura Post, Dasanapura Hobli Bengaluru Urban, Bangalore, Karnataka, India – 562162
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
- 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
- One PDF report, delivered after checkout
Business Activity of Maruthisan Private Limited
The main business activity of Maruthisan is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Maruthisan Private Limited FY 2024 filings available
Maruthisan Private Limited reported revenue of ₹7.99 Cr (up 158% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Maruthisan Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 158% growth in the latest year. EBITDA rose 141% 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 of Maruthisan Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹65.85 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.34 Lakh | •••• | •••• | •••• | •••• |
| 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 of Maruthisan Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Maruthisan are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Maruthisan Private Limited
Maruthisan Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Irp Systems India Private Limited | ₹8.58 Cr (FY 2024) | •••• | •••• | 10871.0% | •••• | Bangalore, Karnataka, India |
| Ozotec Automobile Private Limited | ₹8.48 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Coimbatore, Tamil Nadu, India |
| Ohm Automotive Private Limited | ₹8.22 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Hyderabad, Telangana, India |
| BMR EV Industries Private Limited | ₹8.22 Cr (FY 2024) | •••• | •••• | 694.0% | •••• | Chittoor, Andhra Pradesh, India |
| Three D Magic Mobility Private Limited | ₹8.11 Cr (FY 2025) | •••• | •••• | 516.0% | •••• | Pune, Maharashtra, India |
| Maruthisan Private Limited this company | ₹7.99 Cr (FY 2024) | •••• | •••• | 158.0% | •••• | Bangalore, Karnataka, India |
| Jitendra New EV Tech Private Limited | ₹7.84 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Nashik, Maharashtra, India |
| Namah Industries Private Limited | ₹7.84 Cr (FY 2025) | •••• | •••• | 1347.0% | •••• | Delhi, India |
| Chargehouse Mobility Private Limited | ₹7.83 Cr (FY 2024) | •••• | •••• | 60.0% | •••• | Hyderabad, Telangana, India |
| Mecpower Mobility Private Limited | ₹7.57 Cr (FY 2025) | •••• | •••• | -42.0% | •••• | Vadodara, Gujarat, India |
| Greenetics Industries Private Limited | ₹7.57 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Madurai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Maruthisan by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Maruthisan Private Limited
Maruthisan Private Limited is audited by Nagalinga K R & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nagalinga K R & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Maruthisan Private Limited
Maruthisan has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muralimohana Munivenkatappa | Director | 25 Dec 2019 | 6 Years 9 Months | Current |
| Veeranna Vijesha | Director | 25 Dec 2019 | 6 Years 9 Months | Current |
Ownership and Shareholding of Maruthisan Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maruthisan Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 2022 | Others | ₹1.85 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Maruthisan Private Limited
Maruthisan Private Limited has 1 deal on record (1 rights issue); the latest was in March 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹30.5 Lakh | Investors: 3 individuals |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Maruthisan Private Limited
Maruthisan Private Limited has 8 court cases on record: 3 filed by Maruthisan, 3 filed against it, 2 where it is another party. 1 case is pending and 7 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Central Bank of India Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Cholamandalam Investment and Finance Company Limited | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.EX.) | Filed by the company against an individual | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Maruthisan Private Limited
Maruthisan operates one associated brand: Maruthisan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers high-performance electric bikes for sustainable urban commuting and recreation. | maruthisan.in |
Employees and EPFO Compliance at Maruthisan Private Limited
Employment history and EPFO contributions of people linked to Maruthisan.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Maruthisan Private Limited
Maruthisan Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Munivenkatappa Pushpalatha ceased to be Director on 14 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Maruthisan Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Maruthisan Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Maruthisan Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Maruthisan Private Limited
Maruthisan has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM1883H1ZY | Karnataka | Active | 03 Jan 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Maruthisan Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Maruthisan Private Limited
Maruthisan is an active private limited company based in Bangalore, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 25 December 2019 (7+ years old) and is registered under CIN U34100KA2019PTC131006.
Maruthisan reported revenue of ₹7.99 Cr for FY 2024 (up 158% YoY).
Maruthisan has 2 current directors:
- Muralimohana Munivenkatappa - Director
- Veeranna Vijesha - Director
Maruthisan reported a net profit of ₹16.34 Lakh (net margin 2%) and EBITDA of ₹65.85 Lakh (EBITDA margin 8.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Maruthisan is 33% over three years. In the latest year (FY 2024) revenue rose 158%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Maruthisan is 29AANCM1883H1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Maruthisan is U34100KA2019PTC131006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruthisan has 8 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending.
Maruthisan was incorporated on 25 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Maruthisan has 1 deal on record (1 rights issue); the latest was in March 2020.
The peers of Maruthisan by revenue are Irp Systems India Private Limited, Ozotec Automobile Private Limited, Ohm Automotive Private Limited, BMR EV Industries Private Limited, Three D Magic Mobility Private Limited and 5 more, all in the Automobiles industry (Electric and Bio Fuel Vehicles).