Maya Synthetics Private Limited
About Maya Synthetics Private Limited
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Maya Synthetics Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 25 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2012PTC069177. Its GSTIN is 24AAHCM7533N1Z2 (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Mukesh Kumar Chandak and Shreekunj Gopaldas Chandak.
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 231 Singapuri Compound Near Subjail Behind Jk Tower Khatodra, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.61 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹14.96 Lakh (net margin 2%) and EBITDA of ₹31.47 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹1.49 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maya Synthetics Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address231 Singapuri Compound Near Subjail Behind Jk Tower Khatodra, Surat, Gujarat, India – 395002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Maya Synthetics 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 Maya Synthetics 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 Maya Synthetics Private Limited, buy the company report.
Financials of Maya Synthetics Private Limited
FY 2025 filings availableMaya Synthetics Private Limited reported revenue of ₹7.61 Cr (down 40% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 36% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹31.47 Lakh | ||||
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| Net Profit (PAT) | ₹14.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 2% | ||||
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To see the full financial statements and ratios of Maya Synthetics Private Limited, buy the company report.
Board of directors of Maya Synthetics Private Limited
Maya Synthetics has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Kumar Chandak | Director | 30 Sep 2016 | 10 Years 1 Months | Current |
| Shreekunj Gopaldas Chandak Also directs: Mamoc Fashions LLP, Mamoc Worldwide Private Limited, Circostrand Private Limited and 1 more | Director | 04 Mar 2015 | 11 Years 8 Months | Current |
| Nikunj Govinddas Chandak Also directs: Mamoc Worldwide Private Limited, Sweety Exports Private Limited | Director | 04 Mar 2015 | 11 Years 8 Months | Current |
| Vimal Ghanshyam Damani | Director | 25 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Maya Synthetics Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Textile 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 |
|---|---|---|---|---|---|---|
| Kiros Textiles Private Limited | ₹7.66 Cr (FY 2025) | 59.0% | Mumbai, Maharashtra, India | |||
| Maya Synthetics Private Limitedthis company | ₹7.61 Cr (FY 2024) | ₹14.96 Lakh | 2% | -40.0% | Surat, Gujarat, India | |
| Artex Fabrics Private Limited | ₹7.61 Cr (FY 2025) | -5.0% | Kolkata, West Bengal, India | |||
| Eastern Cotton Traders Pvt Ltd | ₹7.61 Cr (FY 2025) | 39.0% | Kolkata, West Bengal, India | |||
| Kaybee Pvt Ltd | ₹7.59 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Kay Krishna Texfab Private Limited | ₹7.58 Cr (FY 2025) | 12.0% | Delhi, India |
To see the full peer comparison of Maya Synthetics Private Limited, buy the company report.
Auditor
Maya Synthetics Private Limited is audited by Krishna R. Moondra & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Krishna R. Moondra & Associates | FY 2017 | 114488W |
Shareholding
The shareholding of Maya Synthetics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maya Synthetics Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2023 | 100778692 | Others | ₹10 Lakh | Open | |
| 01 Oct 2022 | 100642883 | Others | ₹1.39 Cr | Open |
To see the full charge records of Maya Synthetics Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Maya Synthetics Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Court case (CR A) | Filed against the company by an individual | Disposed |
To see the full case history of Maya Synthetics 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 Maya Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maya Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCM7533N1Z2 | Gujarat | Active | 18 Jul 2017 |
To see the full GST registrations and return filing status of Maya Synthetics Private Limited, buy the company report.
Recent activity
Maya Synthetics Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Mukesh Kumar Chandak was appointed as Director on 30 Sep 2016.
Frequently asked questions
Maya Synthetics is an active private limited company based in Surat, Gujarat, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 25 February 2012 (14+ years old) and is registered under CIN U17120GJ2012PTC069177.
Maya Synthetics has 4 current directors:
- Mukesh Kumar Chandak - Director
- Shreekunj Gopaldas Chandak - Director
- Nikunj Govinddas Chandak - Director
- Vimal Ghanshyam Damani - Director
The latest financial statements of Maya Synthetics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maya Synthetics is 24AAHCM7533N1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Maya Synthetics is U17120GJ2012PTC069177. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maya Synthetics has 1 court case on record: 1 filed against it.
Maya Synthetics was incorporated on 25 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Maya Synthetics by revenue are Kiros Textiles Private Limited, Artex Fabrics Private Limited, Eastern Cotton Traders Pvt Ltd, Kaybee Pvt Ltd, Kay Krishna Texfab Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Mukesh Kumar Chandak was appointed as Director on 30 Sep 2016. Madan Mohan Chandak ceased to be Director on 01 Aug 2016. Nikunj Govinddas Chandak was appointed as Director on 04 Mar 2015. Maya Synthetics has 5 board changes on record in total.
The registered office of Maya Synthetics is at 231 Singapuri Compound Near Subjail Behind Jk Tower Khatodra, Surat, Gujarat, India – 395002.
Maya Synthetics operates in the home and lifestyle industry, in the textile retail and distribution segment.
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