
Mavaiya Enterprises Private Limited
About Mavaiya Enterprises Private Limited
Data last updated:
Mavaiya Enterprises Private Limited was a private limited company based in Daman, Daman And Diu, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the agricultural products distribution segment of the agriculture sector. It was incorporated on 26 June 2010.
The company was registered with the Registrar of Companies (ROC), Goa, under CIN U74110DD2010PTC004775. Its GSTIN is 24AAGCM6615G2ZK (Gujarat). The company held 5 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mavaiya Marketing Private Limited. It was led by directors Vinod Mansukhlal Vadhaiya and Amit Gordhan Limbasia.
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 was at 255/A Shop No. 1 1st Floor Sai Somnath Complex Somnath Road Dabhel, Daman, Daman and Diu, India – 396210.
As per the financials filed for FY 2021, the company reported a revenue of ₹1,112.15 Cr, a decline of 47% compared to the previous year. For the same year it recorded a net loss of ₹26.58 Lakh (net margin 0%) and EBITDA of ₹31.09 Cr (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 39% over five years.
As per MCA filings, the company had satisfied charges of ₹45 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Company details
CIN history
Mavaiya Enterprises has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110DD2010PTC004775, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110DD2010PTC004775 | Current |
| U74900DD2010PTC004775 | Previous |
| U74900MH2010PTC204891 | Previous |
Contact details
Mavaiya Enterprises Private Limited's registered office is in Daman, Daman And Diu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address255/A Shop No. 1 1st Floor Sai Somnath Complex Somnath Road Dabhel, Daman, Daman and Diu, India – 396210
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Mavaiya Enterprises 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
Business activity
The main business activity of Mavaiya Enterprises is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mavaiya Enterprises Private Limited, buy the company report.
Financials of Mavaiya Enterprises Private Limited
FY 2021 filings availableMavaiya Enterprises Private Limited reported revenue of ₹1,112.15 Cr (down 47% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 47% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 39%. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹1,112.15 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹31.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.58 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.8% | ||||
| Net Profit Margin | 0% | ||||
| 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 Mavaiya Enterprises Private Limited, buy the company report.
Board of directors of Mavaiya Enterprises Private Limited
Mavaiya Enterprises has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Mansukhlal Vadhaiya | Director | 02 Jul 2018 | 8 Years 4 Months | As last reported |
| Amit Gordhan Limbasia | Director | 02 Jul 2018 | 8 Years 4 Months | As last reported |
Peer comparison
Mavaiya Enterprises Private Limited is compared with the 4 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution, Broking Services), 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 |
|---|---|---|---|---|---|---|
| Bright Star Investments Private Limited | ₹1,135.49 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Farmersfortune (India) Private Limited | ₹1,131.3 Cr (FY 2025) | 60.0% | Mumbai, Maharashtra, India | |||
| Mavaiya Enterprises Private Limitedthis company | ₹1,112.15 Cr (FY 2021) | -₹26.58 Lakh | 0% | -47.0% | Daman, Daman And Diu, India | |
| Gurudeo Exports Corporation Private Limited | ₹1,101.78 Cr (FY 2024) | 15.0% | Indore, Madhya Pradesh, India | |||
| Mi Lifestyle Marketing Global Private Limited | ₹1,070.07 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Mavaiya Enterprises Private Limited, buy the company report.
Auditor
Mavaiya Enterprises Private Limited is audited by P M RUGHANI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M RUGHANI & CO | FY 2021 | 116107W |
Shareholding
The shareholding of Mavaiya Enterprises Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mavaiya Enterprises Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2017 | 100110488 | Others | ₹45 Cr | Satisfied |
To see the full charge records of Mavaiya Enterprises Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mavaiya Enterprises Private Limited has 3 court cases on record: 3 filed by Mavaiya Enterprises. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Kotak Mahindra Bank Ltd. and 2 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 3 others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Disposed |
To see the full case history of Mavaiya Enterprises Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mavaiya Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mavaiya Enterprises has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCM6615G2ZK | Gujarat | Active | 29 Jan 2018 |
To see the full GST registrations and return filing status of Mavaiya Enterprises Private Limited, buy the company report.
Recent activity
Mavaiya Enterprises Private Limited has 14 board changes on record since 2011: 2 appointments and 12 cessations. The latest: Amit Gordhan Limbasia ceased to be Additional Director on 29 Sep 2018.
7 earlier events are in the company report.
Frequently asked questions
Mavaiya Enterprises has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Mavaiya Enterprises was a private limited company based in Daman, Daman And Diu, India. The company worked in agro retail and distribution, within the agriculture industry. It was incorporated on 26 June 2010 and is registered under CIN U74110DD2010PTC004775. The company has been struck off by the Registrar of Companies and is no longer operational.
Mavaiya Enterprises had 2 directors:
- Vinod Mansukhlal Vadhaiya - Director
- Amit Gordhan Limbasia - Director
The CIN (Corporate Identification Number) of Mavaiya Enterprises is U74110DD2010PTC004775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mavaiya Enterprises is at 255A Shop No. 1 1st Floor Sai Somnath Complex Somnath Road Dabhel, Daman, Daman and Diu, India – 396210.
Mavaiya Enterprises was incorporated on 26 June 2010. It is registered with the Registrar of Companies, Goa.
The latest financial statements of Mavaiya Enterprises 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.
The GSTIN of Mavaiya Enterprises is 24AAGCM6615G2ZK, registered in Gujarat. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
Mavaiya Enterprises operated in the agriculture industry, in the agro retail and distribution segment. It worked in this industry before it was struck off.
The peers of Mavaiya Enterprises by revenue are Bright Star Investments Private Limited, Farmersfortune (India) Private Limited, Gurudeo Exports Corporation Private Limited, Mi Lifestyle Marketing Global Private Limited, all in the Agriculture industry (Agro Retail and Distribution, Broking Services), with the same principal business activity (wholesale trading).
Mavaiya Enterprises has 3 court cases on record: 3 filed by the company. 1 is pending.

