Maspar Industries Private Limited

Maspar Industries Private Limited - consumer goods in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U17111DL2001PTC112032 Incorporated 14 August 2001 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company consumer goods MSME · Medium
Data last updated
Revenue · FY 2024
₹50.26 Cr
▼ 8% YoY
Net profit · FY 2024
₹23.45 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹2.56 Cr
EBITDA margin 5.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹3.93 Cr
Issued & subscribed
Open charges
₹22.99 Cr
Satisfied ₹39.95 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
124
Provident fund records

About Maspar Industries Private Limited

Data last updated:

Maspar Industries Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Maspar Holdings Private Limited. It operates in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 14 August 2001 and has been in existence for over 25 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17111DL2001PTC112032. Its GSTIN is 07AACCM6323M1ZB (Delhi). The company holds 7 GST registrations, of which 5 are active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.93 Cr. It is led by directors including Rakesh Kumar and Rajesh Mahajan.

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 B – 1/F – 8 Mohan Co – Operative Industrial Estate, New Delhi, Delhi, India – 110044.

As per the financials filed for FY 2024, the company reported a revenue of ₹50.26 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹23.45 Lakh (net margin 0.5%) and EBITDA of ₹2.56 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.

The company has about 124 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Maspar. As per MCA filings, the company has open charges of ₹22.99 Cr and satisfied charges of ₹39.95 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 5 cases are pending. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.7 Cr; the latest was in March 2018. Its 3 peer companies in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (retail trading) are compared by revenue, 1 larger and 2 smaller; the largest is J S Furnishings Private Limited with revenue of ₹54.79 Cr. The company has 17 MSME Form 1 returns on record between 2017 and 2023, listing 634 overdue payments to 45 micro and small suppliers.

Maspar Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0010650). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maspar.com.

Company details

CIN U17111DL2001PTC112032
Registration Number 112032
Incorporation Date 14 August 2001
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Maspar Holdings Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0010650
Key People
Rakesh Kumar Director Rajesh Mahajan Director Abhinav Mahajan Director

Recognitions & Rankings of Maspar Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-DL-08-0010650

Contact details

Maspar Industries Private Limited's registered office is in New Delhi, Delhi. Its website is maspar.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    maspar.com
  • Social Media
  • Registered Address
    B – 1/F – 8 Mohan Co – Operative Industrial Estate, New Delhi, Delhi, India – 110044
  • Industry
    Consumer Goods, Home Furnishings Manufacturing

To see the full contact details of Maspar Industries Private Limited, buy the company report.

Comprehensive company report
Maspar Industries 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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Brands

Maspar Industries operates one associated brand: Maspar. Each brand links to its own profile.

BrandDescriptionWebsite
Maspar
Private label home decor and furnishings are supplied by Maspar.maspar.com

Business activity

The main business activity of Maspar Industries is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Maspar Industries Private Limited, buy the company report.

Financials of Maspar Industries Private Limited

FY 2024 filings available

Maspar Industries Private Limited reported revenue of ₹50.26 Cr (down 8% YoY) for FY 2024.

Revenue · FY 2024
₹50.26 Cr ▼ 8%
Net profit · FY 2024
₹23.45 Lakh margin 0.5%
EBITDA · FY 2024
₹2.56 Cr margin 5.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 10%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 11%
5 years · compounded
▲ 3%

Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 30% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹2.56 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹23.45 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.1%
Net Profit Margin0.5%
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

To see the full financial statements and ratios of Maspar Industries Private Limited, buy the company report.

Board of directors of Maspar Industries Private Limited

Maspar Industries has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rakesh Kumar
Also directs: Mahajan Overseas Private Limited
Director07 Mar 201610 Years 8 MonthsCurrent
Rajesh Mahajan
Also directs: Goodwill Electronics and Engineering Company Private Limited, Mahajan Overseas Private Limited, Maspar Holdings Private Limited and 1 more
Director14 Aug 200125 Years 2 MonthsCurrent
Abhinav Mahajan
Also directs: Goodwill Electronics and Engineering Company Private Limited, Mahajan Overseas Private Limited, Maspar Holdings Private Limited
Director22 Aug 200521 Years 2 MonthsCurrent
Aman Gulati
Also directs: Goodwill Electronics and Engineering Company Private Limited, Mahajan Overseas Private Limited
Director08 May 200818 Years 6 MonthsCurrent
Pranab Mahajan
Also directs: Goodwill Electronics and Engineering Company Private Limited, Mahajan Overseas Private Limited, Maspar Holdings Private Limited
Director11 Nov 200323 Years 0 MonthsCurrent
View all directors

Peer comparison

Maspar Industries Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
J S Furnishings Private Limited₹54.79 Cr (FY 2025)0.0%New Delhi, Delhi, India
Maspar Industries Private Limitedthis company₹50.26 Cr (FY 2024)₹23.45 Lakh0.5%-8.0%124New Delhi, Delhi, India
Cottage Industries Exposition Limited₹49.49 Cr (FY 2025)1.0%Jammu and Kashmir, India
Floorscapes Carpets Private Limited₹47.19 Cr (FY 2025)47.0%Hyderabad, Telangana, India

To see the full peer comparison of Maspar Industries Private Limited, buy the company report.

Auditor

Maspar Industries Private Limited is audited by SANJEEV KAPOOR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SANJEEV KAPOOR & ASSOCIATESFY 202321480N

Shareholding

The shareholding of Maspar Industries 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Maspar Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹22.99 Cr
Satisfied charges
₹39.95 Cr
Breakdown by lending institutions
Others₹22.52 Cr
Hdfc Bank Limited₹0.47 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 May 2025101131311Others₹27 LakhOpen
14 Feb 2025101058407Others₹2 CrOpen
02 Apr 2024100896950Hdfc Bank Limited₹17.09 LakhOpen
28 Mar 2024100897213Others₹1.25 CrOpen
20 Oct 2023100835107Others₹2 CrOpen

To see the full charge records of Maspar Industries Private Limited, buy the company report.

Total charge records: 16 View all charges

Deals & funding

Maspar Industries Private Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.7 Cr; the latest was in March 2018.

Total deals
9
Funding rounds
4
Secondary share transfers
4
Rights issue
1
Disclosed funding
₹3.7 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2011Secondary share transferUndisclosedBuyer: Maspar Holdings Private Limited , an individual
Seller: Vemuri Finvest Private Limited , Toor Finance Company Limited , P Seven General Finance Private Limited , an individual
May 2010Funding round₹70 LakhInvestors: Maspar Holdings Private Limited , 3 individuals
Mar 2010Funding round₹1 CrInvestors: P Seven General Finance Private Limited , Bhola Motor Finance Private Limited , Toor Finance Company Limited
Sep 2009Secondary share transferUndisclosedBuyer: Maspar Holdings Private Limited
Seller: Maspar Solution Private Limited

To see the full deal history of Maspar Industries Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Maspar Industries Private Limited has 17 MSME Form 1 returns on record between 2017 and 2023, listing 634 overdue payments to 45 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 45)

SupplierAmount dueDue sinceReported on
Kapaas Home Furnishing Private Limited
an individual supplier
Abn Textiles (India) Private Limited
Pricewaterhousecoopers Private Limited
an individual supplier

To see the full MSME payment records of Maspar Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Maspar Industries Private Limited has a workforce of 124 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
124
Active EPFO establishments
1
Employee growth
-15.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27124
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Maspar Industries Private Limited, buy the company report.

GST

Maspar Industries has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
7
Active
5
Cancelled / inactive
2
GSTINStateStatusRegistered on
07AACCM6323M1ZBDelhiActive01 Jul 2017
03AACCM6323M1ZJPunjabActive01 Jul 2017
06AACCM6323M1ZDHaryanaActive01 Jul 2017
09AACCM6323M1Z7Uttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Maspar Industries Private Limited, buy the company report.

Recent activity

Maspar Industries Private Limited has 7 board changes on record since 2001: 5 appointments and 2 cessations. The latest: Rakesh Kumar ceased to be Additional Director on 29 Sep 2016.

Charges
A charge with Others amounted to Rs. 0.27 Cr with Charge ID 101131311 was registered on 23 May 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101058407 was registered on 14 Feb 2025.
AGM
Maspar Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100896950 was registered on 02 Apr 2024.
Filing
Maspar Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100897213 was registered on 28 Mar 2024.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100835107 was registered on 20 Oct 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100749856 was registered on 17 Jul 2023.
Charges
A charge with Others of Rs. 17.00 Cr registered on 23 Mar 2022 with Charge ID 100549254 was modified on 25 May 2023.
Charges
A charge registered on 05 Mar 2020 via Charge ID 100329866 with Others was fully satisfied on 02 Aug 2022.
Charges
A charge registered on 05 Mar 2021 via Charge ID 100427895 with Standard Chartered Bank was fully satisfied on 14 Jul 2022.
Charges
A charge registered on 02 Dec 2020 via Charge ID 100391973 with Standard Chartered Bank was fully satisfied on 14 Jul 2022.

30 earlier events are in the company report.

Frequently asked questions

Maspar Industries is an active private limited company based in New Delhi, Delhi, India. The company works in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 14 August 2001 (25+ years old) and is registered under CIN U17111DL2001PTC112032.

Maspar Industries has 5 current directors:

The latest financial statements of Maspar Industries 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 Maspar Industries is 07AACCM6323M1ZB, registered in Delhi. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 03AACCM6323M1ZJ (Punjab), 06AACCM6323M1ZD (Haryana), 09AACCM6323M1Z7 (Uttar Pradesh).

The CIN (Corporate Identification Number) of Maspar Industries is U17111DL2001PTC112032. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Maspar Industries has 17 court cases on record: 9 filed by the company and 8 filed against it. 5 are pending. Most are in the district courts.

Maspar Industries was incorporated on 14 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.

Maspar Industries has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹3.7 Cr; the latest was in March 2018.

The peers of Maspar Industries by revenue are J S Furnishings Private Limited, Cottage Industries Exposition Limited, Floorscapes Carpets Private Limited, all in the Consumer Products industry (Home Furnishings and Accessories Retail and Distribution), with the same principal business activity (retail trading).

Rakesh Kumar ceased to be Additional Director on 29 Sep 2016. Sangeeta Mahajan ceased to be Director on 20 May 2016. Rakesh Kumar was appointed as Director on 07 Mar 2016. Maspar Industries has 7 board changes on record in total.

Yes, Maspar Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0010650).

Maspar Industries has 17 MSME Form 1 returns on record between 2017 and 2023, listing 634 overdue payments to 45 micro and small suppliers. The latest return was filed on 30 Aug 2023.