- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0145655

Mudra Orthotic Private Limited
About Mudra Orthotic Private Limited
Data last updated:
Mudra Orthotic Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the musical instrument segment of the musical instruments sector. It was incorporated on 15 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33112GJ2007PTC051741. Its GSTIN is 24AAFCM2506H1ZU (Gujarat).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mudra Orthotics Private Limited. It is led by directors Bhavik Maheshbhai Dave and Hetal Bhavikbhai Dave.
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 3/B Palak Complex Near Ramji Mandir Punit Ashram Maninagar, Ahmedabad, Gujarat, India – 380008.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.11 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹42,000 (net margin 0.8%) and EBITDA of ₹1.5 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 421% over five years.
As per MCA filings, the company has open charges of ₹21 Lakh and satisfied charges of ₹3.54 Lakh on record.
Mudra Orthotic Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0145655). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mudra Orthotic
Contact details
Mudra Orthotic Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3/B Palak Complex Near Ramji Mandir Punit Ashram Maninagar, Ahmedabad, Gujarat, India – 380008
- IndustryMusical Instruments, Musical Instrument, Sports Goods, Jewellery, Manufacturing
To see the full contact details of Mudra Orthotic 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 Mudra Orthotic is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Mudra Orthotic Private Limited, buy the company report.
Financials of Mudra Orthotic Private Limited
FY 2025 filings availableMudra Orthotic Private Limited reported revenue of ₹51.11 Lakh (down 2% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 421%. EBITDA rose 69% 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 | ₹1.5 Lakh | ||||
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| Net Profit (PAT) | ₹42,000 | ||||
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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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| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Mudra Orthotic Private Limited, buy the company report.
Board of directors of Mudra Orthotic Private Limited
Mudra Orthotic has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavik Maheshbhai Dave | Director | 15 Sep 2007 | 19 Years 1 Months | Current |
| Hetal Bhavikbhai Dave | Director | 01 May 2024 | 2 Years 5 Months | Current |
Auditor
Mudra Orthotic Private Limited is audited by NITIN V AGRAWAL AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITIN V AGRAWAL AND ASSOCIATES | FY 2017 | 142689W |
Shareholding
The shareholding of Mudra Orthotic Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mudra Orthotic Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2022 | 100658200 | The Kalupur Commercial Co-Operative Bank Limited | ₹21 Lakh | Open | |
| 30 May 2012 | 10364619 | The Kalupur Commercial Co.-Operative Bank Limited | ₹3.54 Lakh | Satisfied |
To see the full charge records of Mudra Orthotic Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Mudra Orthotic Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mudra Orthotic Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mudra Orthotic has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM2506H1ZU | Gujarat | Active | 28 Feb 2022 |
To see the full GST registrations and return filing status of Mudra Orthotic Private Limited, buy the company report.
Recent activity
Mudra Orthotic Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Hetal Bhavikbhai Dave ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Mudra Orthotic is an active private limited company based in Ahmedabad, Gujarat, India. The company works in musical instrument, within the musical instruments industry. It was incorporated on 15 September 2007 (19+ years old) and is registered under CIN U33112GJ2007PTC051741.
Mudra Orthotic has 2 current directors:
- Bhavik Maheshbhai Dave - Director
- Hetal Bhavikbhai Dave - Director
The latest financial statements of Mudra Orthotic 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 2015 are in the company report.
The GSTIN of Mudra Orthotic is 24AAFCM2506H1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Mudra Orthotic is U33112GJ2007PTC051741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudra Orthotic was incorporated on 15 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hetal Bhavikbhai Dave ceased to be Additional Director on 29 Sep 2024. Hetal Bhavikbhai Dave was appointed as Director on 01 May 2024. Mahesh Madhavlal Dave ceased to be Additional Director on 30 Sep 2011. Mudra Orthotic has 5 board changes on record in total.
Yes, Mudra Orthotic is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0145655).
The registered office of Mudra Orthotic is at 3B Palak Complex Near Ramji Mandir Punit Ashram Maninagar, Ahmedabad, Gujarat, India – 380008.
Mudra Orthotic operates in the musical instruments industry, in the musical instrument segment.

