Mak Ventures India Private Limited
About Mak Ventures India Private Limited
Data last updated:
Mak Ventures India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate financing segment of the financial services sector. It was incorporated on 02 July 1993.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH1993PTC248362.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.8 Lakh. It was formerly known as Texknit Exports Private Limited. It was led by directors Neelam Balkrishna Rane and Arun Indur Keswani.
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 was at Unit No. 106 Building No. A – Z Industrial Co – Op Society G. K. Marg Lower Parel Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.97 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.48 Cr (net margin 70%) and EBITDA of ₹14.46 Cr (EBITDA margin 96.6%). Revenue has grown at a compounded annual rate (CAGR) of 118% over three years and 66% over five years.
As per MCA filings, the company has satisfied charges of ₹1.6 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company.
Company details
CIN history
Mak Ventures India has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70102MH1993PTC248362, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH1993PTC248362 | Current |
| U70102KA1993PTC014476 | Previous |
| U18101KA1993PTC014476 | Previous |
| U70101KA1993PTC014476 | Previous |
Contact details
Mak Ventures India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 106 Building No. A – Z Industrial Co – Op Society G. K. Marg Lower Parel Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mak Ventures India Private 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
Business activity
The main business activity of Mak Ventures India is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Mak Ventures India Private Limited, buy the company report.
Financials of Mak Ventures India Private Limited
FY 2024 filings availableMak Ventures India Private Limited reported revenue of ₹14.97 Cr (up 405% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 66% over five years, including 405% growth in the latest year. EBITDA rose 593% 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 |
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| EBITDA | ₹14.46 Cr | ||||
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| Net Profit (PAT) | ₹10.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 96.6% | ||||
| Net Profit Margin | 70% | ||||
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To see the full financial statements and ratios of Mak Ventures India Private Limited, buy the company report.
Board of directors of Mak Ventures India Private Limited
Mak Ventures India has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Balkrishna Rane Also directs: HVM Ventures Private Limited | Director | 18 Oct 2011 | 15 Years 0 Months | As last reported |
| Arun Indur Keswani | Director | 01 Jul 2011 | 15 Years 3 Months | As last reported |
Peer comparison
Mak Ventures India Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Specialized Process Innovation Private Limited | ₹15.05 Cr (FY 2024) | 36.0% | Mysore, Karnataka, India | |||
| Interlink Realty Private Limited | ₹15 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Flax Developers Private Limited | ₹14.98 Cr (FY 2022) | -12.0% | New Delhi, Delhi, India | |||
| Mak Ventures India Private Limitedthis company | ₹14.97 Cr (FY 2024) | ₹10.48 Cr | 70% | 405.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mak Ventures India Private Limited, buy the company report.
Auditor
Mak Ventures India Private Limited is audited by GUPTA RAJ CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA RAJ CO | FY 2022 | 001687N |
Shareholding
The shareholding of Mak Ventures India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Mak Ventures India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2001 | 80008533 | Ing Vysya Bank Limited. | ₹1.6 Cr | Satisfied |
To see the full charge records of Mak Ventures India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mak Ventures India Private Limited has 3 court cases on record: 3 filed by Mak Ventures India. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed by the company against Ms Conwood Realty Pvt Ltd and 2 others | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed by the company against Conwood Realty Private Limited and 2 others | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S. Conwood Realty Pvt. Ltd. Cin No. U70102mh2007ptc176761 | Disposed |
To see the full case history of Mak Ventures India 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
No delayed payments to MSME suppliers are on our record for Mak Ventures India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mak Ventures India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mak Ventures India Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Anil Lajpatrai Lala ceased to be Director on 25 Jan 2012.
Frequently asked questions
Mak Ventures India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Mak Ventures India was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 02 July 1993 and is registered under CIN U70102MH1993PTC248362. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Mak Ventures India is U70102MH1993PTC248362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mak Ventures India had 2 directors:
- Neelam Balkrishna Rane - Director
- Arun Indur Keswani - Director
Mak Ventures India was incorporated on 02 July 1993. It is registered with the Registrar of Companies, Mumbai.
The registered office of Mak Ventures India is at Unit No. 106 Building No. A – Z Industrial Co – Op Society G. K. Marg Lower Parel Mumbai, Maharashtra, India – 400013.
The latest financial statements of Mak Ventures India 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.
Mak Ventures India operated in the financial services industry, in the real estate financing segment.
The peers of Mak Ventures India by revenue are Specialized Process Innovation Private Limited, Interlink Realty Private Limited, Flax Developers Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Mak Ventures India has 3 court cases on record: 3 filed by the company. Most are in the district courts.
Anil Lajpatrai Lala ceased to be Director on 25 Jan 2012. Anil Lala Lajpatrai ceased to be Director on 25 Jan 2012. Neelam Balkrishna Rane was appointed as Director on 18 Oct 2011. Mak Ventures India has 6 board changes on record in total.