Amit Acetylene Pvt Ltd
About Amit Acetylene Pvt Ltd
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Amit Acetylene Pvt Ltd is a private limited company based in Mehsana, Gujarat, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 29 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ1995PTC025233. Its GSTIN is 24AABCA9835D1ZW (Gujarat).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹19.3 Lakh. It is led by directors Kantilal Mafatlal Patel and Pareshkumar Amaratbhai Patel.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mehsana, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.25 Lakh. For the same year it recorded a net loss of ₹37.53 Lakh (net margin -333.6%) and EBITDA of -₹1.67 Lakh (EBITDA margin -14.8%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 72% over five years.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹1.9 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Amit Acetylene has one previous CIN (Corporate Identification Number): U17119GJ1995PTC025233. The current CIN is U52100GJ1995PTC025233, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52100GJ1995PTC025233 | Current |
| U17119GJ1995PTC025233 | Previous |
Contact details
Amit Acetylene Pvt Ltd's registered office is in Mehsana, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 13 Krishna Complex, Radhanpur Road, Mehsana, Gujarat, India – 384002
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
To see the full contact details of Amit Acetylene Pvt Ltd, 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
Financials of Amit Acetylene Pvt Ltd
FY 2025 filings availableAmit Acetylene Pvt Ltd reported revenue of ₹11.25 Lakh for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.25 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹37.53 Lakh | ||||
| 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 | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -14.8% | ||||
| Net Profit Margin | -333.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Amit Acetylene Pvt Ltd, buy the company report.
Board of directors of Amit Acetylene Pvt Ltd
Amit Acetylene 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 |
|---|---|---|---|---|
| Kantilal Mafatlal Patel | Director | 29 Feb 2016 | 10 Years 7 Months | Current |
| Pareshkumar Amaratbhai Patel | Director | 19 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Amit Acetylene Pvt Ltd is audited by Jyoti Gupta for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jyoti Gupta | FY 2023 | 184543 |
Shareholding
The shareholding of Amit Acetylene Pvt Ltd 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 Amit Acetylene Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Oct 2017 | 100131281 | Others | ₹30 Cr | Open | |
| 01 Mar 2014 | 10490008 | The Mehsana Urban Co.-Operative Bank Limited | ₹50 Lakh | Satisfied | |
| 25 Oct 2001 | 90112693 | The Mehsana Urban Co-Op. Bank Ltd. | ₹70 Lakh | Satisfied | |
| 09 Oct 2001 | 90112690 | The Mehsana Urban Co-Op. Bank Ltd. | ₹70 Lakh | Satisfied |
To see the full charge records of Amit Acetylene Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
Amit Acetylene Pvt Ltd has 7 court cases on record: 2 filed by Amit Acetylene, 5 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 3 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (SCR.A) | Filed against the company by M/S. Solsons Exports Pvt.Ltd. and 3 others | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by Shreeji Shipping Global Limited | Disposed |
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Image Mine Products Private Limited | Disposed |
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by The Mahesana Arban Co.Op. Bank Li., Mahesanana Shree Anilkumar Jayantibhai Patel | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by M/S. Shreeji Shipping Global Private Limited Through Its Director Mr. Jitendra Haridas Lal | Disposed |
To see the full case history of Amit Acetylene Pvt Ltd, 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 Amit Acetylene Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Amit Acetylene has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA9835D1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Amit Acetylene Pvt Ltd, buy the company report.
Recent activity
Amit Acetylene Pvt Ltd has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Krunal Manilal Patel ceased to be Director on 10 Mar 2016.
5 earlier events are in the company report.
Frequently asked questions
Amit Acetylene is an active private limited company based in Mehsana, Gujarat, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 29 March 1995 (31+ years old) and is registered under CIN U52100GJ1995PTC025233.
Amit Acetylene has 2 current directors:
- Kantilal Mafatlal Patel - Director
- Pareshkumar Amaratbhai Patel - Director
The latest financial statements of Amit Acetylene on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Amit Acetylene is 24AABCA9835D1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Amit Acetylene is U52100GJ1995PTC025233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Amit Acetylene has 7 court cases on record: 2 filed by the company and 5 filed against it. 2 are pending. Most are in the district courts.
Amit Acetylene was incorporated on 29 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Krunal Manilal Patel ceased to be Director on 10 Mar 2016. Kantilal Mafatlal Patel was appointed as Director on 29 Feb 2016. Anilbhai Chelabhai Patel ceased to be Director on 20 Feb 2014. Amit Acetylene has 6 board changes on record in total.
The registered office of Amit Acetylene is at S – 13 Krishna Complex, Radhanpur Road, Mehsana, Gujarat, India – 384002.
Amit Acetylene operates in the energy and power industry, in the oil and gas distribution and transmission segment.