MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-03-0004568
Maze Net Solution Private Limited - business outsourcing in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.72 Cr
▲ 51% YoY
Net profit · FY 2024
₹95.51 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹2.3 Cr
EBITDA margin 6.4%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹13.74 Cr
Satisfied ₹6.65 Cr
Company age
25 yrs
Est. 2001
Employees · EPFO
96
Provident fund records
About Maze Net Solution Private Limited
Data last updated:
Maze Net Solution Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 16 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U63991TZ2001PTC009649. Its GSTIN is 33AADCM3839M1Z8 (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Karuppan Mani (Managing Director) and Karuppan Selvam.
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 No 20 2nd And 3rd Floor Chitrambalam Layour, Pappanaickenpalayam Coimbatore, Tamil Nadu, India – 641037.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.72 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹95.51 Lakh (net margin 2.7%) and EBITDA of ₹2.3 Cr (EBITDA margin 6.4%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 24% over five years.
The company has about 96 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Mazenet Solution and Mazenet. As per MCA filings, the company has open charges of ₹13.74 Cr and satisfied charges of ₹6.65 Cr on record.
Maze Net Solution Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0004568). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mazenet.com.
Company details
CIN U63991TZ2001PTC009649
Registration Number 009649
Incorporation Date 16 February 2001
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-03-0004568
CIN history
Maze Net Solution has one previous CIN (Corporate Identification Number): U72200TZ2001PTC009649. The current CIN is U63991TZ2001PTC009649, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U63991TZ2001PTC009649 | Current |
| U72200TZ2001PTC009649 | Previous |
Recognitions & Rankings of Maze Net Solution
Contact details
Maze Net Solution Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Social Media
- Registered AddressNo 20 2nd And 3rd Floor Chitrambalam Layour, Pappanaickenpalayam Coimbatore, Tamil Nadu, India – 641037
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
Comprehensive company report
Maze Net Solution 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Maze Net Solution operates two associated brands: Mazenet Solution and Mazenet. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive corporate training services. | mazenet.com | |
| Mazenet provides comprehensive IT services and digital marketing solutions. | mazenettech.com |
Business activity
The main business activities of Maze Net Solution are trade and information and communication. In detail, this covers retail trading and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Maze Net Solution Private Limited, buy the company report.
Financials of Maze Net Solution Private Limited
FY 2024 filings availableMaze Net Solution Private Limited reported revenue of ₹35.72 Cr (up 51% YoY) for FY 2024.
Revenue · FY 2024
₹35.72 Cr ▲ 51%
Net profit · FY 2024
₹95.51 Lakh margin 2.7%
EBITDA · FY 2024
₹2.3 Cr margin 6.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 39%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 1%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 51% growth in the latest year. EBITDA fell 22% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹95.51 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.4% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Maze Net Solution Private Limited, buy the company report.
Board of directors of Maze Net Solution Private Limited
Maze Net Solution has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karuppan Selvam Also directs: Venus Systems and Services Private Limited | Director | 18 Aug 2003 | 23 Years 2 Months | Current |
| Karuppan Mani Also directs: Venus Systems and Services Private Limited, Mazenet Deck LLP | Managing Director | 16 Feb 2001 | 25 Years 8 Months | Current |
Charges & borrowings
Open charges
₹13.74 Cr
Satisfied charges
₹6.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101017762 | Others | ₹10 Cr | Open | |
| 14 Jun 2024 | 100939520 | Hdfc Bank Limited | ₹1.16 Cr | Open | |
| 29 Nov 2022 | 100654389 | Others | ₹2.36 Cr | Open | |
| 11 Mar 2022 | 100548786 | Hdfc Bank Limited | ₹22 Lakh | Open | |
| 17 Aug 2023 | 100770225 | Others | ₹4.5 Cr | Satisfied |
To see the full charge records of Maze Net Solution Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
No court or tribunal cases involving Maze Net Solution Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maze Net Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maze Net Solution has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCM3839M1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
| 37AADCM3839M1Z0 | Andhra Pradesh | Active | 17 Aug 2018 |
To see the full GST registrations and return filing status of Maze Net Solution Private Limited, buy the company report.
Recent activity
Maze Net Solution Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Karuppan Mani ceased to be Director on 29 Sep 2024.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 101017762 was registered on 12 Dec 2024.
Charges
A charge registered on 03 Aug 2023 via Charge ID 100783788 with Hdfc Bank Limited was fully satisfied on 29 Oct 2024.
AGM
Maze Net Solution Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 17 Aug 2023 via Charge ID 100770225 with Others was fully satisfied on 30 Sep 2024.
Charges
A charge registered on 27 Feb 2002 via Charge ID 90003869 with Andhra Bank was fully satisfied on 30 Sep 2024.
Ceased
Karuppan Mani ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 116.00 Lakh with Charge ID 100939520 was registered on 14 Jun 2024.
Filing
Maze Net Solution Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Others amounted to Rs. 450.00 Lakh with Charge ID 100770225 was registered on 17 Aug 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 70.99 Lakh with Charge ID 100783788 was registered on 03 Aug 2023.
Charges
A charge registered on 09 May 2022 via Charge ID 100575669 with Hdfc Bank Limited was fully satisfied on 23 Jun 2023.
Charges
A charge with Others amounted to Rs. 236.00 Lakh with Charge ID 100654389 was registered on 29 Nov 2022.
11 earlier events are in the company report.
Frequently asked questions
Maze Net Solution is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 16 February 2001 (25+ years old) and is registered under CIN U63991TZ2001PTC009649.
Maze Net Solution has 2 current directors:
- Karuppan Mani - Managing Director
- Karuppan Selvam - Director
The latest financial statements of Maze Net Solution 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 Maze Net Solution is 33AADCM3839M1Z8, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AADCM3839M1Z0 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Maze Net Solution is U63991TZ2001PTC009649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maze Net Solution was incorporated on 16 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Coimbatore.
Karuppan Mani ceased to be Director on 29 Sep 2024. Karuppan Selvam was appointed as Director on 18 Aug 2003. Karuppan Mani was appointed as Managing Director on 16 Feb 2001.
Yes, Maze Net Solution is registered as a small enterprise under Udyam registration (number: UDYAM-TN-03-0004568).
Maze Net Solution can be reached through the website mazenet.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Maze Net Solution is at No 20 2nd And 3rd Floor Chitrambalam Layour, Pappanaickenpalayam Coimbatore, Tamil Nadu, India – 641037.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages