Mayur and Devang Industries Limited
About Mayur and Devang Industries Limited
Data last updated:
Mayur and Devang Industries Limited is a public limited company based in Rajkot, Gujarat, India. It operates in the plastic and resins segment of the manufacturing sector. It was incorporated on 10 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25200GJ2012PLC072927. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.29 Cr. It is led by directors including Deep Kishorbhai Mashru and Mayurbhai Natwarlal Satikuver.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 506 Kings Plaza Mahavir Chowk, Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2015, the company reported a revenue of ₹1.71 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹51.99 Lakh (net margin -30.4%) and EBITDA of -₹22.26 Lakh (EBITDA margin -13%).
As per MCA filings, the company has open charges of ₹1.19 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Mayur and Devang Industries Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address506 Kings Plaza Mahavir Chowk, Rajkot, Gujarat, India – 360002
- IndustryManufacturing, Plastic & Resins
To see the full contact details of Mayur and Devang Industries 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
Financials of Mayur and Devang Industries Limited
FY 2015 filings availableMayur and Devang Industries Limited reported revenue of ₹1.71 Cr (up 15% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1.71 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹22.26 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹51.99 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -13% |
| Net Profit Margin | -30.4% |
| 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 | |
To see the full financial statements and ratios of Mayur and Devang Industries Limited, buy the company report.
Board of directors of Mayur and Devang Industries Limited
Mayur and Devang Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deep Kishorbhai Mashru | Director | 08 Aug 2015 | 11 Years 2 Months | Current |
| Mayurbhai Natwarlal Satikuver | Director | 16 Oct 2015 | 11 Years 0 Months | Current |
| Beenaben Mayurbhai Satikuvar | Director | 12 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Mayur and Devang Industries Limited is audited by VIJAY POPAT & ASSOCIATES for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIJAY POPAT & ASSOCIATES | FY 2015 | 117900W |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2013 | 10468245 | Rajkot Commercial Co-Op. Bank Ltd | ₹4.25 Lakh | Open | |
| 26 Nov 2013 | 10468241 | Rajkot Commercial Co-Op. Bank Ltd | ₹75 Lakh | Open | |
| 11 Jul 2013 | 10446011 | Union Bank of India | ₹40 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
Mayur and Devang Industries Limited has 5 court cases on record: 2 filed by Mayur and Devang Industries, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Sohil Mohsin Patel Partner of M/S Nazarally Noorbhai Patel Partnership Firm | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 3 others | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against Rajkot Commercial Cooperative Bank Ltd | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Sohil Mohsin Patel Partner of M/S Nazarally Noorbhai Patel Partnership Firm | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed against the company by Sohil Mohsin Patel Partner of M/S Nazarally Noorbhai Patel A Partnership Firm | Disposed |
To see the full case history of Mayur and Devang Industries 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 Mayur and Devang Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mayur and Devang Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Mayur and Devang Industries Limited, buy the company report.
Recent activity
Mayur and Devang Industries Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Beenaben Mayurbhai Satikuvar was appointed as Director on 12 Dec 2017.
2 earlier events are in the company report.
Frequently asked questions
Mayur and Devang Industries is an active public limited company based in Rajkot, Gujarat, India. The company works in plastic and resins, within the manufacturing industry. It was incorporated on 10 December 2012 (14+ years old) and is registered under CIN U25200GJ2012PLC072927.
Mayur and Devang Industries has 3 current directors:
- Deep Kishorbhai Mashru - Director
- Mayurbhai Natwarlal Satikuver - Director
- Beenaben Mayurbhai Satikuvar - Director
The latest financial statements of Mayur and Devang Industries on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Mayur and Devang Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Mayur and Devang Industries is U25200GJ2012PLC072927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mayur and Devang Industries has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Mayur and Devang Industries was incorporated on 10 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Beenaben Mayurbhai Satikuvar was appointed as Director on 12 Dec 2017. Sagar Arrvindbhai Pujara ceased to be Director on 12 Dec 2017. Beenaben Mayurbhai Satikuvar ceased to be Director on 16 Oct 2015. Mayur and Devang Industries has 8 board changes on record in total.
The registered office of Mayur and Devang Industries is at 506 Kings Plaza Mahavir Chowk, Rajkot, Gujarat, India – 360002.
Mayur and Devang Industries operates in the manufacturing industry, in the plastic and resins segment.