- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0032934

Associated Industrial Bearings Private Limited
About Associated Industrial Bearings Private Limited
Data last updated:
Associated Industrial Bearings Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 10 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51101MH2012PTC227912. Its GSTIN is 27AAKCA3730A1Z5 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vatsal Mukesh Shah and Sheela Mukesh Shah.
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.6 – A Nimakwala Bldg 154 Janjikar Street, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.76 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹18.49 Lakh (net margin 1.9%) and EBITDA of ₹28.38 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 22% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr on record.
Associated Industrial Bearings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0032934). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Associated Industrial Bearings
Contact details
Associated Industrial Bearings Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No.6 – A Nimakwala Bldg 154 Janjikar Street, Mumbai, Maharashtra, India – 400003
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Associated Industrial Bearings 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 Associated Industrial Bearings is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 47 | Retail trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Associated Industrial Bearings Private Limited, buy the company report.
Financials of Associated Industrial Bearings Private Limited
FY 2025 filings availableAssociated Industrial Bearings Private Limited reported revenue of ₹9.76 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 2% growth in the latest year. EBITDA rose 25% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.38 Lakh | ||||
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| Net Profit (PAT) | ₹18.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Associated Industrial Bearings Private Limited, buy the company report.
Board of directors of Associated Industrial Bearings Private Limited
Associated Industrial Bearings has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vatsal Mukesh Shah | Director | 11 Jan 2020 | 6 Years 9 Months | Current |
| Sheela Mukesh Shah | Director | 10 Mar 2012 | 14 Years 7 Months | Current |
| Mukesh Champaklal Shah | Director | 10 Mar 2012 | 14 Years 7 Months | Current |
Auditor
Associated Industrial Bearings Private Limited is audited by R I JAIN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R I JAIN & CO | FY 2019 | 103956W |
Shareholding
The shareholding of Associated Industrial Bearings Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Associated Industrial Bearings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2021 | 100431758 | Axis Bank Limited | ₹1.5 Cr | Open |
To see the full charge records of Associated Industrial Bearings Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Associated Industrial Bearings 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 Associated Industrial Bearings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Associated Industrial Bearings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCA3730A1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Associated Industrial Bearings Private Limited, buy the company report.
Recent activity
Associated Industrial Bearings Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Vatsal Mukesh Shah was appointed as Director on 11 Jan 2020.
Frequently asked questions
Associated Industrial Bearings is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 10 March 2012 (14+ years old) and is registered under CIN U51101MH2012PTC227912.
Associated Industrial Bearings has 3 current directors:
- Vatsal Mukesh Shah - Director
- Sheela Mukesh Shah - Director
- Mukesh Champaklal Shah - Director
The latest financial statements of Associated Industrial Bearings 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 Associated Industrial Bearings is 27AAKCA3730A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Associated Industrial Bearings is U51101MH2012PTC227912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Associated Industrial Bearings was incorporated on 10 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Vatsal Mukesh Shah was appointed as Director on 11 Jan 2020. Mukesh Champaklal Shah was appointed as Director on 10 Mar 2012. Sheela Mukesh Shah was appointed as Director on 10 Mar 2012.
Yes, Associated Industrial Bearings is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0032934).
The registered office of Associated Industrial Bearings is at Office No.6 – A Nimakwala Bldg 154 Janjikar Street, Mumbai, Maharashtra, India – 400003.
Associated Industrial Bearings operates in the machinery and equipment industry, in the industrial products retail and distribution segment.