About Maruti Stainless Private Limited
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Maruti Stainless Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 15 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC181159. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Sg Stainless Private Limited. It is led by directors Yogesh Shankarlal Samdani and Bharatbhai Ramabhai Al.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹17.03 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹41.99 Lakh (net margin -246.6%) and EBITDA of ₹12.79 Lakh (EBITDA margin 75.1%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 67% over five years.
As per MCA filings, the company has satisfied charges of ₹8.18 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marutinox.com.
Company details
Contact details
Maruti Stainless Private Limited's registered office is in Mumbai, Maharashtra. Its website is marutinox.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address16 Habib Building 1st Floor 65/73 Near Second Panjara Poll Cp Tank, Road, Mumbai, Maharashtra, India – 400004
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Maruti Stainless Private 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 Maruti Stainless Private Limited
FY 2021 filings availableMaruti Stainless Private Limited reported revenue of ₹17.03 Lakh (down 86% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 67% over five years, including a 86% fall in the latest year. EBITDA rose 110% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹12.79 Lakh | ||||
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| Net Profit (PAT) | -₹41.99 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 75.1% | ||||
| Net Profit Margin | -246.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Maruti Stainless Private Limited, buy the company report.
Board of directors of Maruti Stainless Private Limited
Maruti Stainless has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yogesh Shankarlal Samdani | Additional Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Bharatbhai Ramabhai Al | Additional Director | 07 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Maruti Stainless Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Megha Ispat Private Limited | ₹17.11 Lakh (FY 2024) | 25.0% | Chennai, Tamil Nadu, India | |||
| Gagandeep Vinimay Private Limited | ₹17.07 Lakh (FY 2025) | -47.0% | Kolkata, West Bengal, India | |||
| Shazia & Sapna Fashion Textile Private Limited | ₹17.05 Lakh (FY 2024) | -15.0% | Lucknow, Uttar Pradesh, India | |||
| Maruti Stainless Private Limitedthis company | ₹17.03 Lakh (FY 2021) | -₹41.99 Lakh | -246.6% | -86.0% | Mumbai, Maharashtra, India | |
| Prda Netsales Private Limited | ₹16.95 Lakh (FY 2016) | -24.0% | Malihabad, Uttar Pradesh, India | |||
| Nomistar Resources Private Limited | ₹16.9 Lakh (FY 2025) | -87.0% | Delhi, India | |||
| Jain Marble Centre India Private Limited | ₹16.88 Lakh (FY 2022) | 166.0% | Delhi, India | |||
| Saptrishi Merchandise Private Limited | ₹16.7 Lakh (FY 2025) | Siliguri, West Bengal, India |
To see the full peer comparison of Maruti Stainless Private Limited, buy the company report.
Auditor
Maruti Stainless Private Limited is audited by DHANESH B KHATRI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANESH B KHATRI & CO | FY 2020 | 123186W |
Shareholding
The shareholding of Maruti Stainless Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maruti Stainless Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2017 | 100114272 | Canara Bank | ₹18.3 Lakh | Satisfied | |
| 21 Jan 2014 | 10478458 | Indian Overseas Bank | ₹5 Cr | Satisfied | |
| 01 Feb 2013 | 10407388 | Union Bank of India | ₹3 Cr | Satisfied |
To see the full charge records of Maruti Stainless Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Maruti Stainless 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 Maruti Stainless Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maruti Stainless has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maruti Stainless Private Limited, buy the company report.
Recent activity
Maruti Stainless Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Pankaj Shankarlal Samdani ceased to be Director on 13 Mar 2025.
3 earlier events are in the company report.
Frequently asked questions
Maruti Stainless is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 15 April 2008 (18+ years old) and is registered under CIN U74999MH2008PTC181159.
Maruti Stainless has 2 current directors:
- Yogesh Shankarlal Samdani - Additional Director
- Bharatbhai Ramabhai Al - Additional Director
The latest financial statements of Maruti Stainless on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Maruti Stainless has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Maruti Stainless is U74999MH2008PTC181159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruti Stainless was incorporated on 15 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Maruti Stainless by revenue are Megha Ispat Private Limited, Gagandeep Vinimay Private Limited, Shazia & Sapna Fashion Textile Private Limited, Prda Netsales Private Limited, Nomistar Resources Private Limited and 2 more, all in the Metals and Minerals industry (Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Pankaj Shankarlal Samdani ceased to be Director on 13 Mar 2025. Vaishali Pankaj Samdani ceased to be Director on 13 Mar 2025. Bharatbhai Ramabhai Al was appointed as Additional Director on 07 Mar 2025. Maruti Stainless has 5 board changes on record in total.
Maruti Stainless can be reached through the website marutinox.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Maruti Stainless is at 16 Habib Building 1st Floor 6573 Near Second Panjara Poll Cp Tank, Road, Mumbai, Maharashtra, India – 400004.
Maruti Stainless operates in the metals and minerals industry, in the materials retail and distribution segment.
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