MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0093506
Ips-Mehtalia Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹42.1 Cr
▲ 7% YoY
Net profit · FY 2022
₹6.25 Cr
Net margin 14.9%
EBITDA · FY 2022
₹9.51 Cr
EBITDA margin 22.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.45 Lakh
Issued & subscribed
Company age
28 yrs
Est. 1998
Employees · EPFO
205
Provident fund records
Directors on board
3
As per MCA filings
About Ips-Mehtalia Private Limited
Data last updated:
Ips-Mehtalia Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ips-Integrated Project Services, Llc. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 31 March 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH1998PTC114264. Its GSTIN is 27AABCB3523B1ZC (Maharashtra). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.45 Lakh. It was formerly known as B Mehtalia Consultants Private Limited. It is led by directors including John David Williamson and John Matthew Shippey.
Its last annual general meeting (AGM) was held on 16 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 109 Unit B First Floor Kailash Vaibhav Industrial Complex Park, Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹42.1 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹6.25 Cr (net margin 14.9%) and EBITDA of ₹9.51 Cr (EBITDA margin 22.6%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 5% over five years.
The company has about 205 employees on its provident fund (EPFO) records.
Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it; 2 cases are pending.
Ips-Mehtalia Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0093506). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mehtalia.com.
Company details
CIN U74210MH1998PTC114264
Registration Number 114264
Incorporation Date 31 March 1998
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Ips-Integrated Project Services, Llc
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0093506
Recognitions & Rankings of Ips-Mehtalia
Contact details
Ips-Mehtalia Private Limited's registered office is in Mumbai, Maharashtra. Its website is mehtalia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address101 – 109 Unit B First Floor Kailash Vaibhav Industrial Complex Park Site Vikhroli, (W), Mumbai, Maharashtra, India – 400079
- IndustryEngineering, Engineering Design & Consultancy
To see the full contact details of Ips-Mehtalia Private Limited, buy the company report.
Comprehensive company report
Ips-Mehtalia 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 Ips-Mehtalia Private Limited
FY 2024 filings availableIps-Mehtalia Private Limited reported revenue of ₹42.1 Cr (up 7% YoY) for FY 2022.
Revenue · FY 2022
₹42.1 Cr ▲ 7%
Net profit · FY 2022
₹6.25 Cr margin 14.9%
EBITDA · FY 2022
₹9.51 Cr margin 22.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 4%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 38%
5 years · compounded
▲ 40%
Revenue rose 7% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹42.1 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹9.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.25 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.6% | ||||
| Net Profit Margin | 14.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Interest Coverage Ratio | |||||
| 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 Ips-Mehtalia Private Limited, buy the company report.
Board of directors of Ips-Mehtalia Private Limited
Ips-Mehtalia has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| John David Williamson | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| John Matthew Shippey | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
| Salil Agrawal | Director | 17 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Ips-Mehtalia Private Limited is compared with the 5 companies closest to it by revenue in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ips-Mehtalia Private Limitedthis company | ₹42.1 Cr (FY 2022) | ₹6.25 Cr | 14.9% | 7.0% | 205 | Mumbai, Maharashtra, India |
| Hba International (India) Private Limited | ₹39.42 Cr (FY 2024) | -5.0% | New Delhi, Delhi, India | |||
| Manasi Technoforge Private Limited | ₹39.07 Cr (FY 2025) | -18.0% | Pune, Maharashtra, India | |||
| Cfi Technologies Private Limited | ₹38.17 Cr (FY 2025) | 125.0% | Kolkata, West Bengal, India | |||
| Formulaic Engineers Private Limited | ₹38.14 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Typsa India Private Limited | ₹37.94 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ips-Mehtalia Private Limited, buy the company report.
Auditor
Ips-Mehtalia Private Limited is audited by Mehta Chokshi & Shah LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mehta Chokshi & Shah LLP | FY 2022 | 106201W/W100598 |
Shareholding
The shareholding of Ips-Mehtalia Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ips-Mehtalia Private Limited, buy the company report.
Legal cases
Ips-Mehtalia Private Limited has 14 court cases on record: 5 filed by Ips-Mehtalia, 9 filed against it. 2 cases are pending and 12 are disposed.
Total cases
14
Filed by the company
5
Filed against the company
9
Pending
2
Disposed
12
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 8 | 2 |
| District courts | 3 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Cosmas Research Lab Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Cosmas Research Lab Ltd. | Pending |
| Bombay High Court | Court case (CHOL) | Filed against the company by Cosmas Research Lab Ltd. | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Cosmas Research Lab Ltd. | Disposed |
| District court, Ludhiana, Punjab | Civil miscellaneous application | Filed by the company against Cosmas Research Lab Limited | Disposed |
To see the full case history of Ips-Mehtalia 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 Ips-Mehtalia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ips-Mehtalia Private Limited has a workforce of 205 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
205
Active EPFO establishments
1
Employee growth
13.89%
GST
Ips-Mehtalia has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCB3523B1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ips-Mehtalia Private Limited, buy the company report.
Recent activity
Ips-Mehtalia Private Limited has 17 board changes on record since 2011: 5 appointments and 12 cessations. The latest: Salil Agrawal ceased to be Additional Director on 15 Jun 2025.
AGM
Ips-Mehtalia Private Limited last Annual general meeting of members was held on 16 Jun 2025 as per latest MCA records.
Ceased
Salil Agrawal ceased to be Additional Director.
Ceased
Tapati Ghosh ceased to be Director.
Appointed
Salil Agrawal was appointed as Director.
Filing
Ips-Mehtalia Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Mumbai I.
Ceased
John David Williamson ceased to be Additional Director.
Ceased
John Matthew Shippey ceased to be Additional Director.
Appointed
John David Williamson was appointed as Director.
Appointed
John Matthew Shippey was appointed as Director.
Ceased
Prosheet Goswami ceased to be Additional Director.
Appointed
Prosheet Goswami was appointed as Director.
Ceased
Andrew Anthony Signore ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Ips-Mehtalia is an active private limited company based in Mumbai, Maharashtra, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 31 March 1998 (28+ years old) and is registered under CIN U74210MH1998PTC114264.
Ips-Mehtalia has 3 current directors:
- John David Williamson - Director
- John Matthew Shippey - Director
- Salil Agrawal - Director
The latest financial statements of Ips-Mehtalia on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 16 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ips-Mehtalia is 27AABCB3523B1ZC, registered in Maharashtra. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ips-Mehtalia is U74210MH1998PTC114264. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ips-Mehtalia has 14 court cases on record: 5 filed by the company and 9 filed against it. 2 are pending. Most are in the high courts.
Ips-Mehtalia was incorporated on 31 March 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ips-Mehtalia by revenue are Hba International (India) Private Limited, Manasi Technoforge Private Limited, Cfi Technologies Private Limited, Formulaic Engineers Private Limited, Typsa India Private Limited, all in the Engineering industry (Engineering Design), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities).
Salil Agrawal ceased to be Additional Director on 15 Jun 2025. Tapati Ghosh ceased to be Director on 31 Mar 2025. Salil Agrawal was appointed as Director on 17 Mar 2025. Ips-Mehtalia has 17 board changes on record in total.
Yes, Ips-Mehtalia is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0093506).
Ips-Mehtalia can be reached through the website mehtalia.com. Its registered office is in Mumbai, Maharashtra, India.