MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0115491
Maico Ventilation Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.29 Cr
▲ 28% YoY
Net profit · FY 2025
₹3.59 Cr
Net margin 11.9%
EBITDA · FY 2025
₹5.45 Cr
EBITDA margin 18%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.05 Cr
Issued & subscribed
Open charges
₹1 Cr
Satisfied ₹3.33 Cr
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
About Maico Ventilation Private Limited
Data last updated:
Maico Ventilation Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Maico Holding Gmbh. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 13 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29192PN2006PTC133888. Its GSTIN is 27AAECM7937P1ZN (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.05 Cr. It is led by directors Vikas Vithal Kotian and Afzal Vayani Ibrahim.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. I – 02 (Part – I) Khed City Kanersar Village Tal. – Khed, Pune, Maharashtra, India – 410505.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.29 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹3.59 Cr (net margin 11.9%) and EBITDA of ₹5.45 Cr (EBITDA margin 18%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹1 Cr and satisfied charges of ₹3.33 Cr on record. Court records list 12 cases involving the company, including 11 filed by the company and 1 filed against it; 2 cases are pending.
Maico Ventilation Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0115491). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maico.co.in.
Company details
CIN U29192PN2006PTC133888
Registration Number 133888
Incorporation Date 13 September 2006
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Maico Holding Gmbh
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0115491
CIN history
Maico Ventilation has one previous CIN (Corporate Identification Number): U29192MH2006PTC164526. The current CIN is U29192PN2006PTC133888, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29192PN2006PTC133888 | Current |
| U29192MH2006PTC164526 | Previous |
Recognitions & Rankings of Maico Ventilation
Contact details
Maico Ventilation Private Limited's registered office is in Pune, Maharashtra. Its website is maico.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. I – 02 (Part – I) Khed City Kanersar Village Tal. – Khed, Pune, Maharashtra, India – 410505
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Maico Ventilation Private Limited, buy the company report.
Comprehensive company report
Maico Ventilation 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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Financials of Maico Ventilation Private Limited
FY 2025 filings availableMaico Ventilation Private Limited reported revenue of ₹30.29 Cr (up 28% YoY) for FY 2025.
Revenue · FY 2025
₹30.29 Cr ▲ 28%
Net profit · FY 2025
₹3.59 Cr margin 11.9%
EBITDA · FY 2025
₹5.45 Cr margin 18%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 28%
3 years · compounded
▲ 24%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 75%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 28% growth in the latest year. EBITDA rose 29% 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 | ₹5.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.59 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
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| 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 | 18% | ||||
| Net Profit Margin | 11.9% | ||||
| 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 Maico Ventilation Private Limited, buy the company report.
Board of directors of Maico Ventilation Private Limited
Maico Ventilation has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Vithal Kotian | Director | 09 Jan 2014 | 12 Years 9 Months | Current |
| Afzal Vayani Ibrahim | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Auditor
Maico Ventilation Private Limited is audited by P G Bhagwat LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P G Bhagwat LLP | FY 2023 | 101118W/W100682 |
Shareholding
The shareholding of Maico Ventilation 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 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Maico Ventilation Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1 Cr
Satisfied charges
₹3.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2024 | 101024929 | Others | ₹1 Cr | Open | |
| 28 Oct 2021 | 100503546 | The Hongkong and Shanghai Banking Corporation Limited | ₹3.9 Lakh | Satisfied | |
| 13 Dec 2019 | 100314304 | The Hongkong and Shanghai Banking Corporation Limited | ₹3 Cr | Satisfied | |
| 21 Dec 2018 | 100237118 | The Hongkong and Shanghai Banking Corporation Limited | ₹28.67 Lakh | Satisfied |
To see the full charge records of Maico Ventilation Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Maico Ventilation Private Limited has 12 court cases on record: 11 filed by Maico Ventilation, 1 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed by the company
11
Filed against the company
1
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 1 | 2 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Halcyon Technologies and Engineers LLP and 2 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Unique Hvac Solutions Pvt Ltd and 2 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Savlon Aircon Pvt. Ltd. and 2 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Globose Systems and Solution Pvt. Ltd. and 4 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Nudyna Engineers Private Ltd., and Etc. and 1 other | Disposed |
To see the full case history of Maico Ventilation 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
Maico Ventilation Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 80 overdue payments to 13 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 (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Embee Software Pvt Ltd | |||
| Laxmi Hydraulics Pvt Ltd | |||
| an individual supplier | |||
| an individual supplier | |||
| DH Dynamic Associates LLP |
To see the full MSME payment records of Maico Ventilation Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Maico Ventilation has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM7937P1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maico Ventilation Private Limited, buy the company report.
Recent activity
Maico Ventilation Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Afzal Vayani Ibrahim was appointed as Director on 30 Sep 2024.
AGM
Maico Ventilation Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Maico Ventilation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101024929 was registered on 03 Oct 2024.
Appointed
Afzal Vayani Ibrahim was appointed as Director.
Ceased
Manish Hiranandani ceased to be Additional Director.
Charges
A charge registered on 28 Oct 2021 via Charge ID 100503546 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Aug 2024.
Charges
A charge registered on 13 Dec 2019 via Charge ID 100314304 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Aug 2024.
Charges
A charge registered on 21 Dec 2018 via Charge ID 100237118 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 07 Aug 2024.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 0.29 Cr registered on 21 Dec 2018 with Charge ID 100237118 was modified on 28 Dec 2022.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.04 Cr with Charge ID 100503546 was registered on 28 Oct 2021.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 3.00 Cr with Charge ID 100314304 was registered on 13 Dec 2019.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 0.29 Cr with Charge ID 100237118 was registered on 21 Dec 2018.
7 earlier events are in the company report.
Frequently asked questions
Maico Ventilation is an active private limited company based in Pune, Maharashtra, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 13 September 2006 (20+ years old) and is registered under CIN U29192PN2006PTC133888.
Maico Ventilation has 2 current directors:
- Vikas Vithal Kotian - Director
- Afzal Vayani Ibrahim - Director
The latest financial statements of Maico Ventilation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Maico Ventilation is 27AAECM7937P1ZN, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Maico Ventilation is U29192PN2006PTC133888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maico Ventilation has 12 court cases on record: 11 filed by the company and 1 filed against it. 2 are pending.
Maico Ventilation was incorporated on 13 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Afzal Vayani Ibrahim was appointed as Director on 30 Sep 2024. Manish Hiranandani ceased to be Additional Director on 30 Sep 2024. Vikas Vithal Kotian ceased to be Additional Director on 24 Sep 2014. Maico Ventilation has 8 board changes on record in total.
Yes, Maico Ventilation is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0115491).
Maico Ventilation has 7 MSME Form 1 returns on record between 2019 and 2023, listing 80 overdue payments to 13 micro and small suppliers. The latest return was filed on 29 Jun 2023.
Maico Ventilation can be reached through the website maico.co.in. Its registered office is in Pune, Maharashtra, India.