Mayo (India) Limited
About Mayo (India) Limited
Data last updated:
Mayo (India) Limited is a public limited company based in Aurangabad, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 27 January 1982.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH1982PLC026224.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Akash Nandkishor Kagliwal and Subhash Kagliwal Laxminarayan.
Its last annual general meeting (AGM) was held on 30 June 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Gut No 14 Chitegaonpaithan Road, Aurangabad, Maharashtra, India – 431005.
As per MCA filings, the company has open charges of ₹40 Lakh and satisfied charges of ₹18.19 Cr on record. Court records list 32 cases involving the company, including 6 filed by the company and 21 filed against it; 3 cases are pending.
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- Registered AddressGut No 14 Chitegaonpaithan Road, Aurangabad, Maharashtra, India – 431005
- IndustryPharma, Drug Formulation & Development
- 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
Financials of Mayo (India) Limited FY 2010 filings available
Financial Statement Summary of Mayo (India) Limited
| Metrics | FY 2009-10 |
|---|---|
| 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 | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 Mayo (India) Limited
| Metrics | FY 2009-10 |
|---|---|
| Profitability | |
| EBITDA Margin | •••• |
| Net Profit Margin | •••• |
| 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 Mayo (India) 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 Mayo (India) Limited
Mayo (India) has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akash Nandkishor Kagliwal | Director | 10 Mar 2004 | 22 Years 6 Months | As last reported |
| Subhash Kagliwal Laxminarayan | Director | 10 Mar 2004 | 22 Years 6 Months | As last reported |
| Shrirang Shrikishan Agrawal Also directs: Nath Royal Limited, Paithan Mega Food Park Private Limited, Tapovan Paper and Board Mills Limited and 3 more | Director | 01 Jul 1999 | 27 Years 3 Months | As last reported |
Charges & Borrowings of Mayo (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 1988 | Maharashtra State Financial Corporation | ₹40 Lakh | Open |
| 17 Apr 1997 | Allahabad Bank | ₹5.2 Cr | Satisfied |
| 02 Nov 1995 | Allahabad Bank | ₹4.46 Cr | Satisfied |
| 22 Dec 1994 | Industrial Credit and Investment Corporation of India Limited | ₹1 Cr | Satisfied |
| 07 Dec 1991 | The Saraswat Co-Op. Bank Limited | ₹3 Lakh | Satisfied |
Total charge records: 13 View all charges
Legal Cases of Mayo (India) Limited
Mayo (India) Limited has 32 court cases on record: 6 filed by Mayo (India), 21 filed against it, 5 where it is another party. 3 cases are pending and 29 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 11 | 2 |
| High courts | 15 | 10 | 1 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed against the company by Icici Limited | Disposed |
| District court, Aurangabad, Maharashtra | Court case (Spl .Dkst) | Filed against the company by Surya Pharmaceutical Limited | Disposed |
| District court, Aurangabad, Maharashtra | Court case (Reg Dkst) | Filed against the company by Fortune Biotech Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Icici Limited | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by Icici Bank Limited | Disposed |
Full case history
All 32 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 Mayo (India) Limited
Employment history and EPFO contributions of people linked to Mayo (India).
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.
CIN History of Mayo (India) Limited
Mayo (India) has one previous CIN (Corporate Identification Number): L24239MH1982PLC026224. The current CIN is U24239MH1982PLC026224, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239MH1982PLC026224 | Current |
| L24239MH1982PLC026224 | Previous |
Recent Activity on Mayo (India) Limited
Mayo (India) Limited has 3 board changes on record since 1999: 3 appointments. The latest: Akash Nandkishor Kagliwal was appointed as Director on 10 Mar 2004.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mayo (India) 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 Mayo (India) 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 Mayo (India) 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 Mayo (India) Limited
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 Mayo (India) 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 Mayo (India) Limited
Mayo (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Mayo (India) is a company under liquidation, formerly operating as a public limited company based in Aurangabad, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 27 January 1982 and is registered under CIN U24239MH1982PLC026224. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Mayo (India) has 3 current directors:
- Akash Nandkishor Kagliwal - Director
- Subhash Kagliwal Laxminarayan - Director
- Shrirang Shrikishan Agrawal - Director
The CIN (Corporate Identification Number) of Mayo (India) is U24239MH1982PLC026224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayo (India) has open charges of ₹40 Lakh and satisfied charges of ₹18.19 Cr as per latest MCA filings.
Mayo (India) has 32 court cases on record: 6 filed by the company and 21 filed against it. 3 are pending. Most are in the district courts.
Mayo (India) was incorporated on 27 January 1982. It is registered with the Registrar of Companies, Mumbai.
Akash Nandkishor Kagliwal was appointed as Director on 10 Mar 2004. Subhash Kagliwal Laxminarayan was appointed as Director on 10 Mar 2004. Shrirang Shrikishan Agrawal was appointed as Director on 01 Jul 1999.
The registered office of Mayo (India) is at Gut No 14 Chitegaonpaithan Road, Aurangabad, Maharashtra, India – 431005.
Mayo (India) has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5 Cr.