Masitia Capital Services Private Limited
About Masitia Capital Services Private Limited
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Masitia Capital Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67190MH1996PTC096348. Its GSTIN is 27AACCM3929K1Z7 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.9 Cr. It was formerly known as Masitia Capital Services Limited. It is led by directors Gajendra Bhupendra Sartanpara and Ramesh Dahyalal Shah.
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 14 2nd Flr Pinnacle Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.14 Lakh, a decline of 59% compared to the previous year. For the same year it recorded a net loss of ₹1.57 Cr (net margin -284.4%) and EBITDA of -₹1.56 Cr (EBITDA margin -283.8%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 48% over five years.
Court records list 39 cases involving the company, including 36 filed by the company and 3 filed against it; 7 cases are pending. The company has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.32 Cr; the latest was in March 2023. Its 10 peer companies in the Outsourcing industry (Capital Services, Consulting Services) are compared by revenue, 5 larger and 5 smaller; the largest is Connaissance Consultancy Private Limited with revenue of ₹55.2 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Masitia Capital Services Private Limited
Masitia Capital Services has one previous CIN (Corporate Identification Number): U67190MH1996PLC096348. The current CIN is U67190MH1996PTC096348, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190MH1996PTC096348 | Current |
| U67190MH1996PLC096348 | Previous |
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- Registered AddressS – 13 & S – 14 2nd Flr Pinnacle Business Park Shanti Nagar MIDC Mahakali Caves Road Andher, I(E), Mumbai, Maharashtra, India – 400093
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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 Masitia Capital Services Private Limited
The main business activity of Masitia Capital Services is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | 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 Masitia Capital Services Private Limited FY 2025 filings available
Masitia Capital Services Private Limited reported revenue of ₹55.14 Lakh (down 59% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Masitia Capital Services Private Limited
Revenue fell 59% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 167% 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 Masitia Capital Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.56 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.57 Cr | •••• | •••• | •••• | •••• |
| 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 Masitia Capital Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -283.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -284.4% | •••• | •••• | •••• | •••• |
| 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 Masitia Capital Services are in the company report.
Financial statements from 2015
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.
Board of Directors of Masitia Capital Services Private Limited
Masitia Capital Services has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gajendra Bhupendra Sartanpara Also directs: Etco Industries Private Limited, Etco Digital Private Limited | Director | 23 May 2016 | 10 Years 4 Months | Current |
| Ramesh Dahyalal Shah Also directs: Etco Industries Private Limited, Sea-Crest Developers Private Limited, Sai Etco Developers and Realty Private Limited and 2 more | Director | 17 Jan 1996 | 30 Years 9 Months | Current |
Peer Comparison of Masitia Capital Services Private Limited
Masitia Capital Services Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Capital Services, Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Connaissance Consultancy Private Limited | ₹55.2 Lakh (FY 2025) | •••• | •••• | •••• | Ranchi, Jharkhand, India | |
| Dr Medbeat Remedies Private Limited | ₹55.19 Lakh (FY 2024) | •••• | •••• | -35.0% | •••• | Kolkata, West Bengal, India |
| Mutares India Private Limited | ₹55.18 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Enfuela Energy Systems Private Limited | ₹55.17 Lakh (FY 2025) | •••• | •••• | 90.0% | •••• | Banswara, Rajasthan, India |
| Puducherry Business Consulting Services Private Limited | ₹55.15 Lakh (FY 2022) | •••• | •••• | -27.0% | •••• | Puducherry, India |
| Masitia Capital Services Private Limited this company | ₹55.14 Lakh (FY 2025) | •••• | •••• | -59.0% | •••• | Mumbai, Maharashtra, India |
| Akampa Consulting Services Private Limited | ₹55.12 Lakh (FY 2024) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Toboc B2b Marketplace India Private Limited | ₹55.11 Lakh (FY 2021) | •••• | •••• | -79.0% | •••• | Bangalore, Karnataka, India |
| Zeal Professional Services Private Limited | ₹55.1 Lakh (FY 2025) | •••• | •••• | -88.0% | •••• | New Delhi, Delhi, India |
| C. Lakhotia & Sons Private Limited | ₹55.08 Lakh (FY 2025) | •••• | •••• | 158.0% | •••• | Mumbai, Maharashtra, India |
| Abhishek Bansal Distribution Private Limited | ₹55.05 Lakh (FY 2024) | •••• | •••• | 25.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Masitia Capital Services by revenue in the Outsourcing industry (Capital Services, Consulting Services), 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 Masitia Capital Services Private Limited
Masitia Capital Services Private Limited is audited by DEEPESH R JAIN & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DEEPESH R JAIN & 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.
Ownership and Shareholding of Masitia Capital Services 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 Masitia Capital Services Private Limited
Masitia Capital Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Masitia Capital Services Private Limited
Masitia Capital Services Private Limited has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.32 Cr; the latest was in March 2023.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Panasoft Technologies Limited, N.E. Electronics Ltd. , Kamal Overseas Ltd |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2018 | Funding round | ₹7.85 Cr | Investors: Shridham Distributors Private Limited , Blue Line Finance Private Limited , Annies Apparel Pvt Ltd |
| Mar 2012 | Funding round | ₹1.72 Cr | Investors: Moolsons Holdings Private Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Mona Digital Equipment Limited Seller: Mona Futuristic Telecom Private Limited |
Full deal history
All 10 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 Masitia Capital Services Private Limited
Masitia Capital Services Private Limited has 39 court cases on record: 36 filed by Masitia Capital Services, 3 filed against it. 7 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 23 | 2 | 6 |
| District courts | 14 | 1 | 1 |
| NCLAT | 2 | 0 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHSCD) | Filed by the company against Enso Pvt.Ltd and Anr | Pending |
| Bombay High Court | Court case (CHS) | Filed by the company against Enso Pvt. Ltd. and Anr and M/S. Neha Implements Pvt. Ltd. and 1 other | Pending |
| Bombay High Court | Court case (EXA) | Filed by the company against Enso Pvt. Ltd. and Anr. | Pending |
| High Court, MAHARASHTRA | Court case (CHOL) | Filed by the company against Enso Pvt. Ltd. and Anr. | Disposed |
| NCLAT, Company Appeal(AT)(Ins) | Insolvency matter | Filed by the company against Nandkishore Despande ;Resolution Professional of Etco Denim Pvt. Ltd.; and 2 others | Disposed |
Full case history
All 39 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.
Employees and EPFO Compliance at Masitia Capital Services Private Limited
Employment history and EPFO contributions of people linked to Masitia Capital Services.
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 Masitia Capital Services Private Limited
Masitia Capital Services Private Limited has 8 board changes on record since 1996: 2 appointments and 6 cessations. The latest: Vivek Pandharinath Kolhe ceased to be Director on 24 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Masitia Capital Services 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 Masitia Capital Services 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 Masitia Capital Services 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 Masitia Capital Services Private Limited
Masitia Capital Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCM3929K1Z7 | Maharashtra | Active | 25 May 2021 |
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 Masitia Capital Services 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 Masitia Capital Services Private Limited
Masitia Capital Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 January 1996 (30+ years old) and is registered under CIN U67190MH1996PTC096348.
Masitia Capital Services reported revenue of ₹55.14 Lakh for FY 2025 (down 59% YoY).
Masitia Capital Services has 2 current directors:
- Gajendra Bhupendra Sartanpara - Director
- Ramesh Dahyalal Shah - Director
Masitia Capital Services reported a net loss of ₹1.57 Cr (net margin -284.4%) and EBITDA of -₹1.56 Cr (EBITDA margin -283.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Masitia Capital Services is -21% over three years and 48% over five years. In the latest year (FY 2025) revenue fell 59%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Masitia Capital Services is 27AACCM3929K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Masitia Capital Services is U67190MH1996PTC096348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masitia Capital Services has 39 court cases on record: 36 filed by the company and 3 filed against it. 7 are pending. Most are in the high courts.
Masitia Capital Services was incorporated on 17 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
Masitia Capital Services has 10 deals on record (7 secondary share transfers, 3 funding rounds), with disclosed funding of ₹10.32 Cr; the latest was in March 2023.
The peers of Masitia Capital Services by revenue are Connaissance Consultancy Private Limited, Dr Medbeat Remedies Private Limited, Mutares India Private Limited, Enfuela Energy Systems Private Limited, Puducherry Business Consulting Services Private Limited and 5 more, all in the Outsourcing industry (Capital Services, Consulting Services).