MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0123389
Meso Private Limited - fmcg in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹130.82 Cr
▲ 11% YoY
Net profit · FY 2025
₹30.95 Cr
Net margin 23.7%
EBITDA · FY 2025
₹42.56 Cr
EBITDA margin 32.5%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹1.14 Cr
Issued & subscribed
Open charges
₹19.8 Cr
Secured borrowings
Company age
34 yrs
Est. 1992
Employees · EPFO
119
Provident fund records
About Meso Private Limited
Data last updated:
Meso Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 11 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15140MH1992PTC068508. Its GSTIN is 27AAACM7427Q1ZW (Maharashtra). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹1.14 Cr. It is led by directors including Hemant Ishwarlal Vashi and Kishor Sunderlal Sheth.
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 101 Centre Point 1st Floor Jijibhai Lane Lalbaug Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2025, the company reported a revenue of ₹130.82 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹30.95 Cr (net margin 23.7%) and EBITDA of ₹42.56 Cr (EBITDA margin 32.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
The company has about 119 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.8 Cr on record. Court records list 36 cases involving the company, including 25 filed by the company and 11 filed against it; 7 cases are pending. The company has 13 deals on record (13 secondary share transfers); the latest was in March 2023. Its 5 peer companies in the FMCG industry (Personal Care and Skin Care), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 2 smaller; the largest is Palsons Derma Private Limited with revenue of ₹137.11 Cr.
Meso Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0123389). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meso-in.com.
Company details
CIN U15140MH1992PTC068508
Registration Number 068508
Incorporation Date 11 September 1992
ROC Mumbai
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 MSME
Udyam Registration UDYAM-MH-19-0123389
Recognitions & Rankings of Meso
Contact details
Meso Private Limited's registered office is in Mumbai, Maharashtra. Its website is meso-in.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101 Centre Point 1st Floor Jijibhai Lane Lalbaug Parel, Mumbai, Maharashtra, India – 400012
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Meso Private Limited, buy the company report.
Comprehensive company report
Meso 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
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Business activity
The main business activity of Meso is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Meso Private Limited, buy the company report.
Financials of Meso Private Limited
FY 2024 filings availableMeso Private Limited reported revenue of ₹130.82 Cr (up 11% YoY) for FY 2025.
Revenue · FY 2025
₹130.82 Cr ▲ 11%
Net profit · FY 2025
₹30.95 Cr margin 23.7%
EBITDA · FY 2025
₹42.56 Cr margin 32.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 11%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 30%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 11% growth in the latest year. EBITDA rose 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹42.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.95 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.5% | ||||
| Net Profit Margin | 23.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Meso Private Limited, buy the company report.
Board of directors of Meso Private Limited
Meso has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Ishwarlal Vashi | Director | 03 Dec 1996 | 29 Years 10 Months | Current |
| Kishor Sunderlal Sheth | Director | 11 Sep 1992 | 34 Years 1 Months | Current |
| Jai Ketan Sheth | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
| Shashikant Sunderlal Sheth Also directs: GT Exhaust India Private Limited. | Director | 15 May 2006 | 20 Years 5 Months | Current |
| Ketan Kishor Sheth | Director | 01 Oct 1997 | 29 Years 1 Months | Current |
Peer comparison
Meso Private Limited is compared with the 5 companies closest to it by revenue in the FMCG industry (Personal Care and Skin Care), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Palsons Derma Private Limited | ₹137.11 Cr (FY 2025) | 15.0% | Kolkata, West Bengal, India | |||
| Cool Cosmetics Private Limited | ₹131.78 Cr (FY 2024) | -32.0% | Chennai, Tamil Nadu, India | |||
| Regi India Cosmetics Private Limited | ₹130.99 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Meso Private Limitedthis company | ₹130.82 Cr (FY 2025) | ₹30.95 Cr | 23.7% | 11.0% | 119 | Mumbai, Maharashtra, India |
| Vivimed Labs Limited | ₹120.64 Cr (FY 2025) | -24.0% | Karnataka, India | |||
| Accra Pac (India) Private Limited | ₹120.05 Cr (FY 2025) | -10.0% | Vapi, Gujarat, India |
To see the full peer comparison of Meso Private Limited, buy the company report.
Auditor
Meso Private Limited is audited by Kamdar Desai & Patel LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kamdar Desai & Patel LLP | FY 2023 | 104664W |
Shareholding
The shareholding of Meso Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Meso Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 1997 | 80060765 | State Bank of India | ₹19.8 Cr | Open |
To see the full charge records of Meso Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Meso Private Limited has 13 deals on record (13 secondary share transfers); the latest was in March 2023.
Total deals
13
Secondary share transfers
13
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2017 | Secondary share transfer | Undisclosed | Seller: an individual |
To see the full deal history of Meso Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Meso Private Limited has 36 court cases on record: 25 filed by Meso, 11 filed against it. 7 cases are pending and 29 are disposed.
Total cases
36
Filed by the company
25
Filed against the company
11
Pending
7
Disposed
29
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 33 | 11 | 7 |
| District courts | 3 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Liberty Shoes Limited | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Liberty Shoes Limited | Pending |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Eurostar Communications Pvt. Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Bagla Cosmetics Pvt. Ltd. and Anr. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against Bagla Cosmetics Private Ltd. and Anr. | Disposed |
To see the full case history of Meso 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.
Credit ratings & regulatory alerts
Meso Private Limited was last rated by Crisil on 05 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 05 Nov 2020 |
To see the full credit ratings and regulatory alerts of Meso Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meso Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meso Private Limited has a workforce of 119 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
119
Active EPFO establishments
1
Employee growth
-2.46%
GST
Meso has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
7
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM7427Q1ZW | Maharashtra | Active | 01 Jul 2017 |
| 27AAACM7427Q2ZV | Maharashtra | Active | 01 Apr 2025 |
| 24AAACM7427Q2Z1 | Gujarat | Active | 01 Jul 2017 |
| 24AAACM7427Q3Z0 | Gujarat | Active | 24 Dec 2018 |
To see the full GST registrations and return filing status of Meso Private Limited, buy the company report.
Recent activity
Meso Private Limited has 7 board changes on record since 1992: 5 appointments and 2 cessations. The latest: Jai Ketan Sheth ceased to be Additional Director on 07 Dec 2020.
AGM
Meso Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Meso Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with State Bank Of India of Rs. 19.80 Cr registered on 20 Aug 1997 with Charge ID 80060765 was modified on 21 Jul 2023.
Ceased
Jai Ketan Sheth ceased to be Additional Director.
Appointed
Jai Ketan Sheth was appointed as Director.
Ceased
Prashant Jagjivan Mistry ceased to be Company Secretary.
Appointed
Shashikant Sunderlal Sheth was appointed as Director.
Appointed
Ketan Kishor Sheth was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 19.80 Cr with Charge ID 80060765 was registered on 20 Aug 1997.
Appointed
Hemant Ishwarlal Vashi was appointed as Director.
Appointed
Kishor Sunderlal Sheth was appointed as Director.
Incorporation
11 Sep 1992
Meso Private Limited was registered on 11 Sep 1992 with Roc Mumbai & aged 34 years 1 month as per MCA records.
Frequently asked questions
Meso is an active private limited company based in Mumbai, Maharashtra, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 11 September 1992 (34+ years old) and is registered under CIN U15140MH1992PTC068508.
Meso has 5 current directors:
- Hemant Ishwarlal Vashi - Director
- Kishor Sunderlal Sheth - Director
- Jai Ketan Sheth - Director
- Shashikant Sunderlal Sheth - Director
- Ketan Kishor Sheth - Director
The latest financial statements of Meso 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 Meso is 27AAACM7427Q1ZW, registered in Maharashtra. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAACM7427Q2ZV (Maharashtra), 24AAACM7427Q2Z1 (Gujarat), 24AAACM7427Q3Z0 (Gujarat).
The CIN (Corporate Identification Number) of Meso is U15140MH1992PTC068508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meso has 36 court cases on record: 25 filed by the company and 11 filed against it. 7 are pending. Most are in the high courts.
Meso was incorporated on 11 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Meso has 13 deals on record (13 secondary share transfers); the latest was in March 2023.
The peers of Meso by revenue are Palsons Derma Private Limited, Cool Cosmetics Private Limited, Regi India Cosmetics Private Limited, Vivimed Labs Limited, Accra Pac (India) Private Limited, all in the FMCG industry (Personal Care and Skin Care), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Jai Ketan Sheth ceased to be Additional Director on 07 Dec 2020. Jai Ketan Sheth was appointed as Director on 11 Aug 2020. Prashant Jagjivan Mistry ceased to be Company Secretary on 13 Jun 2007. Meso has 7 board changes on record in total.
Yes, Meso is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0123389).
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