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Maruthisan Private Limited - automotive in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.99 Cr
▲ 158% YoY
Net profit · FY 2024
₹16.34 Lakh
Net margin 2%
EBITDA · FY 2024
₹65.85 Lakh
EBITDA margin 8.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.09 Lakh
Issued & subscribed
Open charges
₹1.85 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
About Maruthisan Private Limited
Data last updated:
Maruthisan Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 25 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U34100KA2019PTC131006. Its GSTIN is 29AANCM1883H1ZY (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.09 Lakh. It is led by directors Muralimohana Munivenkatappa and Veeranna Vijesha.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.99 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.34 Lakh (net margin 2%) and EBITDA of ₹65.85 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company is associated with 1 brand: Maruthisan. As per MCA filings, the company has open charges of ₹1.85 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 1 case is pending. The company has 1 deal on record (1 rights issue); the latest was in March 2020.
Maruthisan Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0168377). For more details, the company can be reached via its website maruthisan.in.
Company details
CIN U34100KA2019PTC131006
Registration Number 131006
Incorporation Date 25 December 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0168377
Recognitions & Rankings of Maruthisan
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0168377
Contact details
Maruthisan Private Limited's registered office is in Bangalore, Karnataka. Its website is maruthisan.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.03A 2nd Main Gangondanahalli Circle Lakshmipura Post, Dasanapura Hobli Bengaluru Urban, Bangalore, Karnataka, India – 562162
- IndustryAutomotive, Electrical and Bio Fuel Vehicles
To see the full contact details of Maruthisan Private Limited, buy the company report.
Comprehensive company report
Maruthisan 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
Maruthisan operates one associated brand: Maruthisan. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers high-performance electric bikes for sustainable urban commuting and recreation. | maruthisan.in |
Business activity
The main business activity of Maruthisan is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Maruthisan Private Limited, buy the company report.
Financials of Maruthisan Private Limited
FY 2024 filings availableMaruthisan Private Limited reported revenue of ₹7.99 Cr (up 158% YoY) for FY 2024.
Revenue · FY 2024
₹7.99 Cr ▲ 158%
Net profit · FY 2024
₹16.34 Lakh margin 2%
EBITDA · FY 2024
₹65.85 Lakh margin 8.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 158%
3 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 141%
3 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 33% over three years, including 158% growth in the latest year. EBITDA rose 141% 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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| Total Expenses | |||||
| EBITDA | ₹65.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.34 Lakh | ||||
| Balance Sheet | |||||
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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 | 8.2% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Maruthisan Private Limited, buy the company report.
Board of directors of Maruthisan Private Limited
Maruthisan 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 |
|---|---|---|---|---|
| Muralimohana Munivenkatappa | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
| Veeranna Vijesha | Director | 25 Dec 2019 | 6 Years 10 Months | Current |
Auditor
Maruthisan Private Limited is audited by Nagalinga K R & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nagalinga K R & Co | FY 2023 | 021035S |
Shareholding
The shareholding of Maruthisan Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Maruthisan Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.85 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2022 | 100570056 | Others | ₹1.85 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Maruthisan Private Limited has 1 deal on record (1 rights issue); the latest was in March 2020.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹30.5 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Maruthisan Private Limited has 8 court cases on record: 3 filed by Maruthisan, 5 filed against it. 1 case is pending and 7 are disposed.
Total cases
8
Filed by the company
3
Filed against the company
5
Pending
1
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 5 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Execution petition | Filed by the company against M/S Arpan International Ltd. and 1 other | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Central Bank of India | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.EX.) | Filed by the company against Arpan International Ltd. and 1 other | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Poonawalla Fincorp Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by M/S Cholamandalam Investment and Finance Co. Ltd. | Disposed |
To see the full case history of Maruthisan 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 Maruthisan Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maruthisan has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM1883H1ZY | Karnataka | Active | 03 Jan 2020 |
To see the full GST registrations and return filing status of Maruthisan Private Limited, buy the company report.
Recent activity
Maruthisan Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Munivenkatappa Pushpalatha ceased to be Director on 14 Oct 2024.
Ceased
Munivenkatappa Pushpalatha ceased to be Director.
AGM
Maruthisan Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Maruthisan Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 185.00 Lakh with Charge ID 100570056 was registered on 21 Feb 2022.
Appointed
Muralimohana Munivenkatappa was appointed as Director.
Appointed
Veeranna Vijesha was appointed as Director.
Incorporation
25 Dec 2019
Maruthisan Private Limited was registered on 25 Dec 2019 with Roc Bangalore & aged 6 years 10 months as per MCA records.
Frequently asked questions
Maruthisan is an active private limited company based in Bangalore, Karnataka, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 25 December 2019 (7+ years old) and is registered under CIN U34100KA2019PTC131006.
Maruthisan has 2 current directors:
- Muralimohana Munivenkatappa - Director
- Veeranna Vijesha - Director
The latest financial statements of Maruthisan 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 FY 2020 are in the company report.
The GSTIN of Maruthisan is 29AANCM1883H1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Maruthisan is U34100KA2019PTC131006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maruthisan has 8 court cases on record: 3 filed by the company and 5 filed against it. 1 is pending.
Maruthisan was incorporated on 25 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Maruthisan has 1 deal on record (1 rights issue); the latest was in March 2020.
Munivenkatappa Pushpalatha ceased to be Director on 14 Oct 2024. Muralimohana Munivenkatappa was appointed as Director on 25 Dec 2019. Veeranna Vijesha was appointed as Director on 25 Dec 2019.
Yes, Maruthisan is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).