MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-GJ-05-0007748
Mujtaba Marine Private Limited - machinery and equipment in Bhavnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.7 Cr
▲ 94% YoY
Net loss · FY 2024
₹14.98 Lakh
Net margin -1.3%
EBITDA · FY 2024
₹45.94 Lakh
EBITDA margin 3.9%
Authorised capital
₹81.25 Lakh
Registered with MCA
Paid-up capital
₹81.25 Lakh
Issued & subscribed
Open charges
₹3.4 Cr
Satisfied ₹1.7 Cr
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Mujtaba Marine Private Limited
Data last updated:
Mujtaba Marine Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 06 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52590GJ2009PTC056552. Its GSTIN is 24AAFCM9812Q2ZV (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹81.25 Lakh and a paid-up capital of ₹81.25 Lakh. It is led by directors Arifali Rashidali Vakil and Mohmadtaqi Akbarali Merchant.
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 Office No. 669/1/D Match Factory Compound Moti Talav Road Kumbharwada, Bhavnagar, Gujarat, India – 364001.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.7 Cr, a growth of 94% compared to the previous year. For the same year it recorded a net loss of ₹14.98 Lakh (net margin -1.3%) and EBITDA of ₹45.94 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 85% over three years and 2% over five years.
The company is associated with 1 brand: Mujtaba Marine. As per MCA filings, the company has open charges of ₹3.4 Cr and satisfied charges of ₹1.7 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Mujtaba Marine Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0007748). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mujtabamarine.com.
Company details
CIN U52590GJ2009PTC056552
Registration Number 056552
Incorporation Date 06 April 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-GJ-05-0007748
Recognitions & Rankings of Mujtaba Marine
Contact details
Mujtaba Marine Private Limited's registered office is in Bhavnagar, Gujarat. Its website is mujtabamarine.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 669/1/D Match Factory Compound Moti Talav Road Kumbharwada, Bhavnagar, Gujarat, India – 364001
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Mujtaba Marine Private Limited, buy the company report.
Comprehensive company report
Mujtaba Marine 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
Mujtaba Marine operates one associated brand: Mujtaba Marine. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dealing in airless painting pumps and sand blasting equipment in industrial supplies. | mujtabamarine.com |
Business activity
The main business activity of Mujtaba Marine 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 Mujtaba Marine Private Limited, buy the company report.
Financials of Mujtaba Marine Private Limited
FY 2025 filings availableMujtaba Marine Private Limited reported revenue of ₹11.7 Cr (up 94% YoY) for FY 2024.
Revenue · FY 2024
₹11.7 Cr ▲ 94%
Net loss · FY 2024
₹14.98 Lakh margin -1.3%
EBITDA · FY 2024
₹45.94 Lakh margin 3.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 85%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 15%
5 years · compounded
▲ 13%
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 94% growth in the latest year. EBITDA rose 10% 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 | ₹45.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.98 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 | 3.9% | ||||
| Net Profit Margin | -1.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mujtaba Marine Private Limited, buy the company report.
Board of directors of Mujtaba Marine Private Limited
Mujtaba Marine 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 |
|---|---|---|---|---|
| Arifali Rashidali Vakil | Director | 06 Apr 2009 | 17 Years 6 Months | Current |
| Mohmadtaqi Akbarali Merchant | Additional Director | 15 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Mujtaba Marine Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Argo Tech India Private Limited | ₹11.78 Cr (FY 2024) | -24.0% | Bangalore, Karnataka, India | |||
| Beda Flow Systems Private Limited | ₹11.78 Cr (FY 2024) | 9.0% | New Delhi, Delhi, India | |||
| Swan Machine Tools Private Limited | ₹11.74 Cr (FY 2024) | 51.0% | Ahmedabad, Gujarat, India | |||
| Mujtaba Marine Private Limitedthis company | ₹11.7 Cr (FY 2024) | -₹14.98 Lakh | -1.3% | 94.0% | Bhavnagar, Gujarat, India | |
| Apex Valves Pvt Ltd | ₹11.66 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Interface Devices India Private Limited | ₹11.65 Cr (FY 2025) | -14.0% | Pune, Maharashtra, India |
To see the full peer comparison of Mujtaba Marine Private Limited, buy the company report.
Auditor
Mujtaba Marine Private Limited is audited by ZAHIRABBAS R. GOVANI for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ZAHIRABBAS R. GOVANI | FY 2023 | 125782 |
Shareholding
The shareholding of Mujtaba Marine 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mujtaba Marine Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.4 Cr
Satisfied charges
₹1.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2016 | 100061987 | State Bank of India | ₹3.4 Cr | Open | |
| 25 Feb 2015 | 10552511 | Hdfc Bank Limited | ₹1.2 Cr | Satisfied | |
| 07 Aug 2010 | 10234408 | Bank of India | ₹50 Lakh | Satisfied |
To see the full charge records of Mujtaba Marine Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mujtaba Marine Private Limited has 3 court cases on record: 1 filed by Mujtaba Marine, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (RCT) | Filed against the company by M/S Raasvin Rubbers Pvt. Ltd. Through Rohan Prakash | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Additional/ Joint/ Deputy/ Assitant Commissioner of Income Tax/ Income-Tax Officer | Disposed |
To see the full case history of Mujtaba Marine 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 Mujtaba Marine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mujtaba Marine has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM9812Q2ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mujtaba Marine Private Limited, buy the company report.
Recent activity
Mujtaba Marine Private Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Aliraza Husainali Rajani ceased to be Director on 16 Nov 2024.
AGM
Mujtaba Marine Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mujtaba Marine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Aliraza Husainali Rajani ceased to be Director.
Appointed
Mohmadtaqi Akbarali Merchant was appointed as Additional Director.
Charges
A charge with State Bank Of India of Rs. 340.00 Lakh registered on 27 Sep 2016 with Charge ID 100061987 was modified on 05 Oct 2023.
Charges
A charge registered on 25 Feb 2015 via Charge ID 10552511 with Hdfc Bank Limited was fully satisfied on 14 Nov 2016.
Charges
A charge with State Bank Of India amounted to Rs. 340.00 Lakh with Charge ID 100061987 was registered on 27 Sep 2016.
Charges
A charge registered on 07 Aug 2010 via Charge ID 10234408 with Bank Of India was fully satisfied on 05 Mar 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 120.00 Lakh with Charge ID 10552511 was registered on 25 Feb 2015.
Charges
A charge with Bank Of India of Rs. 50.00 Lakh registered on 07 Aug 2010 with Charge ID 10234408 was modified on 27 Dec 2010.
Charges
A charge with Bank Of India amounted to Rs. 50.00 Lakh with Charge ID 10234408 was registered on 07 Aug 2010.
Appointed
Aliraza Husainali Rajani was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Mujtaba Marine is an active private limited company based in Bhavnagar, Gujarat, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 06 April 2009 (17+ years old) and is registered under CIN U52590GJ2009PTC056552.
Mujtaba Marine has 2 current directors:
- Arifali Rashidali Vakil - Director
- Mohmadtaqi Akbarali Merchant - Additional Director
The latest financial statements of Mujtaba Marine 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 Mujtaba Marine is 24AAFCM9812Q2ZV, registered in Gujarat. 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 Mujtaba Marine is U52590GJ2009PTC056552. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mujtaba Marine has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Mujtaba Marine was incorporated on 06 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mujtaba Marine by revenue are Argo Tech India Private Limited, Beda Flow Systems Private Limited, Swan Machine Tools Private Limited, Apex Valves Pvt Ltd, Interface Devices India Private Limited, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution), with the same principal business activity (wholesale trading).
Aliraza Husainali Rajani ceased to be Director on 16 Nov 2024. Mohmadtaqi Akbarali Merchant was appointed as Additional Director on 15 Nov 2024. Aliraza Husainali Rajani was appointed as Director on 06 Apr 2009. Mujtaba Marine has 4 board changes on record in total.
Yes, Mujtaba Marine is registered as an MSME under Udyam registration (number: UDYAM-GJ-05-0007748).
Mujtaba Marine can be reached through the website mujtabamarine.com. Its registered office is in Bhavnagar, Gujarat, India.