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Custiv Manufacturing Solutions Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.37 Cr
▲ 170% YoY
Net loss · FY 2024
₹6.14 Cr
Net margin -16.9%
EBITDA · FY 2024
-₹2.62 Cr
EBITDA margin -7.2%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹6.14 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
20
Provident fund records
Directors on board
3
As per MCA filings
About Custiv Manufacturing Solutions Private Limited
Data last updated:
Custiv Manufacturing Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29305KA2019PTC126977. Its GSTIN is 29AAICC3244P1Z5 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹6.14 Lakh. It is led by directors including Mohammed Muhiuddeen Maqsood and Palikara Pradeepan Naveen.
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 112 Akr Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.37 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.14 Cr (net margin -16.9%) and EBITDA of -₹2.62 Cr (EBITDA margin -7.2%). Revenue has grown at a compounded annual rate (CAGR) of 711% over three years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Custiv. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 5 cases are pending. The company has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.71 Cr; the latest was in March 2023. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 5 overdue payments to 4 micro and small suppliers.
Custiv Manufacturing Solutions Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0015057). For more details, the company can be reached via its website custiv.com.
Company details
CIN U29305KA2019PTC126977
Registration Number 126977
Incorporation Date 09 August 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0015057
Key People
Mohammed Muhiuddeen Maqsood Director Palikara Pradeepan Naveen Director Ashwin Kumar Director Recognitions & Rankings of Custiv Manufacturing Solutions
MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0015057
Contact details
Custiv Manufacturing Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is custiv.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBhive Premium Hsr Campus Back Block B No.112 Akr Tech Park B Block, 7th Mile Hosur Rd Krishna Reddy Industrial Area, Bangalore, Karnataka, India – 560068
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Custiv Manufacturing Solutions Private Limited, buy the company report.
Comprehensive company report
Custiv Manufacturing Solutions 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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Brands
Custiv Manufacturing Solutions operates one associated brand: Custiv. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| On-demand manufacturing solutions are offered for distributed production needs. | custiv.com |
Business activity
The main business activity of Custiv Manufacturing Solutions 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 Custiv Manufacturing Solutions Private Limited, buy the company report.
Financials of Custiv Manufacturing Solutions Private Limited
FY 2025 filings availableCustiv Manufacturing Solutions Private Limited reported revenue of ₹36.37 Cr (up 170% YoY) for FY 2024.
Revenue · FY 2024
₹36.37 Cr ▲ 170%
Net loss · FY 2024
₹6.14 Cr margin -16.9%
EBITDA · FY 2024
-₹2.62 Cr margin -7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 170%
3 years · compounded
▲ 711%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 103%
Revenue has grown at a compounded annual rate (CAGR) of 711% over three years, including 170% growth in the latest year. EBITDA fell 85% 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 | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.14 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.2% | ||||
| Net Profit Margin | -16.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Custiv Manufacturing Solutions Private Limited, buy the company report.
Board of directors of Custiv Manufacturing Solutions Private Limited
Custiv Manufacturing Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammed Muhiuddeen Maqsood | Director | 09 Aug 2019 | 7 Years 2 Months | Current |
| Palikara Pradeepan Naveen | Director | 07 Dec 2023 | 2 Years 10 Months | Current |
| Ashwin Kumar | Director | 03 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Custiv Manufacturing Solutions Private Limited is audited by S Kumar for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Kumar | FY 2022 | 216789 |
Shareholding
The shareholding of Custiv Manufacturing Solutions Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Custiv Manufacturing Solutions Private Limited, buy the company report.
Deals & funding
Custiv Manufacturing Solutions Private Limited has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.71 Cr; the latest was in March 2023.
Total deals
5
Secondary share transfers
3
Rights issue
1
Funding round
1
Disclosed funding
₹3.71 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2022 | Funding round · Seed | ₹3.71 Cr | Investors: Whiteboard Capital, Jeejeebhoy Family Office, 2 individuals |
| Aug 2020 | Rights issue | ₹50,000 | Investors: 2 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Custiv Manufacturing Solutions Private Limited has 10 court cases on record: 3 filed by Custiv Manufacturing Solutions, 7 filed against it. 5 cases are pending and 5 are disposed.
Total cases
10
Filed by the company
3
Filed against the company
7
Pending
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 5 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Cheque dishonour complaint | Filed against the company by Progfin Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by R R Enterprises | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Reflections Info Systems Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against M/S Reflections Info Systems Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ugro Capital Ltd. | Disposed |
To see the full case history of Custiv Manufacturing Solutions 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
Custiv Manufacturing Solutions Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Magma Machining Private Limited | |||
| an individual supplier | |||
| Triton Tech | |||
| Accutech Laser Private Limited |
To see the full MSME payment records of Custiv Manufacturing Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Custiv Manufacturing Solutions Private Limited has a workforce of 20 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
42.86%
GST
Custiv Manufacturing Solutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICC3244P1Z5 | Karnataka | Active | 23 Aug 2019 |
| 33AAICC3244P1ZG | Tamil Nadu | Active | 06 Jun 2023 |
To see the full GST registrations and return filing status of Custiv Manufacturing Solutions Private Limited, buy the company report.
Recent activity
Custiv Manufacturing Solutions Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Ashwin Kumar was appointed as Director on 03 Feb 2026.
Appointed
Ashwin Kumar was appointed as Director.
AGM
Custiv Manufacturing Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Custiv Manufacturing Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Palikara Pradeepan Naveen ceased to be Additional Director.
Ceased
Shubham Rateria ceased to be Director.
Appointed
Palikara Pradeepan Naveen was appointed as Director.
Ceased
Aysha Bantwal Abdul ceased to be Director.
Appointed
Mohammed Muhiuddeen Maqsood was appointed as Director.
Incorporation
09 Aug 2019
Custiv Manufacturing Solutions Private Limited was registered on 09 Aug 2019 with Roc Bangalore & aged 7 years 2 months as per MCA records.
Frequently asked questions
Custiv Manufacturing Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 August 2019 (7+ years old) and is registered under CIN U29305KA2019PTC126977.
Custiv Manufacturing Solutions has 3 current directors:
- Mohammed Muhiuddeen Maqsood - Director
- Palikara Pradeepan Naveen - Director
- Ashwin Kumar - Director
The latest financial statements of Custiv Manufacturing Solutions 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 FY 2020 are in the company report.
The GSTIN of Custiv Manufacturing Solutions is 29AAICC3244P1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAICC3244P1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of Custiv Manufacturing Solutions is U29305KA2019PTC126977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Custiv Manufacturing Solutions has 10 court cases on record: 3 filed by the company and 7 filed against it. 5 are pending. Most are in the district courts.
Custiv Manufacturing Solutions was incorporated on 09 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Custiv Manufacturing Solutions has 5 deals on record (3 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹3.71 Cr; the latest was in March 2023.
Ashwin Kumar was appointed as Director on 03 Feb 2026. Palikara Pradeepan Naveen ceased to be Additional Director on 29 Sep 2024. Shubham Rateria ceased to be Director on 29 Apr 2024. Custiv Manufacturing Solutions has 6 board changes on record in total.
Yes, Custiv Manufacturing Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Custiv Manufacturing Solutions is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0015057).