MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-12-0000180
_PRIVATE_LIMITED.webp)
Chicago Blower (India) Private Limited - machinery and equipment in Mahemdabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹25.41 Cr
▲ 36% YoY
Net profit · FY 2024
₹57.75 Lakh
Net margin 2.3%
EBITDA · FY 2024
₹3.43 Cr
EBITDA margin 13.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹8.44 Lakh
Issued & subscribed
Open charges
₹53.29 Cr
Satisfied ₹46.35 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
103
Provident fund records
About Chicago Blower (India) Private Limited
Data last updated:
Chicago Blower (India) Private Limited is a private limited company based in Mahemdabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 21 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2012PTC070846. Its GSTIN is 24AAECC8691A1ZT (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹8.44 Lakh. It was formerly known as Chicago Blowers (India) Private Limited. It is led by directors including Gunvant Dayabhai Panchal and Sainitesh Panchal Gunvantbhai.
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 Ls No – 288 – A Paiki 1 & 296 Khata No. 639 & 641 Village – Aklacha, Mahemdabad, Gujarat, India – 387430.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.41 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹57.75 Lakh (net margin 2.3%) and EBITDA of ₹3.43 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 16% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹53.29 Cr and satisfied charges of ₹46.35 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Chicago Blower (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-12-0000180). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chicagoblower.in.
Company details
CIN U29100GJ2012PTC070846
Registration Number 070846
Incorporation Date 21 June 2012
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 Small
Udyam Registration UDYAM-GJ-12-0000180
Key People
Gunvant Dayabhai Panchal Director Sainitesh Panchal Gunvantbhai Director Prakash Gunvantbhai Panchal Director Recognitions & Rankings of Chicago Blower (India)
Contact details
Chicago Blower (India) Private Limited's registered office is in Mahemdabad, Gujarat. Its website is chicagoblower.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressLs No – 288 – A Paiki 1 & 296 Khata No. 639 & 641 Village – Aklacha, Mahemdabad, Gujarat, India – 387430
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Chicago Blower (India) Private Limited, buy the company report.
Comprehensive company report
Chicago Blower (India) 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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Business activity
The main business activity of Chicago Blower (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Chicago Blower (India) Private Limited, buy the company report.
Financials of Chicago Blower (India) Private Limited
FY 2025 filings availableChicago Blower (India) Private Limited reported revenue of ₹25.41 Cr (up 36% YoY) for FY 2024.
Revenue · FY 2024
₹25.41 Cr ▲ 36%
Net profit · FY 2024
₹57.75 Lakh margin 2.3%
EBITDA · FY 2024
₹3.43 Cr margin 13.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 41%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 17%
5 years · compounded
▲ 20%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 36% growth in the latest year. EBITDA rose 12% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹57.75 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Chicago Blower (India) Private Limited, buy the company report.
Board of directors of Chicago Blower (India) Private Limited
Chicago Blower (India) has 4 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 |
|---|---|---|---|---|
| Gunvant Dayabhai Panchal Also directs: Draft-Air (India) Private Limited. | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
| Sainitesh Panchal Gunvantbhai Also directs: Draft-Air (India) Private Limited. | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
| Prakash Gunvantbhai Panchal Also directs: Draft-Air (India) Private Limited. | Director | 20 Sep 2019 | 7 Years 1 Months | Current |
| Mina Panchal Gunvant Also directs: Draft-Air (India) Private Limited. | Director | 21 Jun 2012 | 14 Years 4 Months | Current |
Peer comparison
Chicago Blower (India) Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Interpower Induction Private Limited | ₹25.5 Cr (FY 2025) | -11.0% | Kalol, Gujarat, India | |||
| Chandra Engineering and Mechanical Pvt Ltd | ₹25.45 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Chicago Blower (India) Private Limitedthis company | ₹25.41 Cr (FY 2024) | ₹57.75 Lakh | 2.3% | 36.0% | 103 | Mahemdabad, Gujarat, India |
| Tomer Engineering Works Private Limited | ₹25.37 Cr (FY 2025) | 20.0% | Delhi, India | |||
| Infinity Automation Systems Private Limited | ₹25.29 Cr (FY 2024) | 39.0% | Pune, Maharashtra, India |
To see the full peer comparison of Chicago Blower (India) Private Limited, buy the company report.
Auditor
Chicago Blower (India) Private Limited is audited by P.C.RATHOD & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.C.RATHOD & CO. | FY 2024 | 121967W |
Shareholding
The shareholding of Chicago Blower (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Chicago Blower (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53.29 Cr
Satisfied charges
₹46.35 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101086778 | Bank of India | ₹23.83 Cr | Open | |
| 31 Dec 2021 | 100530961 | Others | ₹21.99 Cr | Open | |
| 31 Dec 2021 | 100531472 | Others | ₹7.47 Cr | Open | |
| 21 Jul 2023 | 100747673 | Sidbi | ₹3 Cr | Satisfied | |
| 04 Jan 2023 | 100661806 | Sidbi | ₹1 Cr | Satisfied |
To see the full charge records of Chicago Blower (India) Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Chicago Blower (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kheda at Nadiad, Gujarat | Court case (DST-LC) | Filed against the company by an individual | Disposed |
To see the full case history of Chicago Blower (India) 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
Chicago Blower (India) Private Limited has 5 MSME Form 1 returns on record between 2019 and 2021, listing 95 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sharad Industrial Products Private Limited | |||
| Frenzelit India Private Limited | |||
| Aerolam Insulations Private Limited | |||
| Shenco Valves Private Limited |
To see the full MSME payment records of Chicago Blower (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Chicago Blower (India) Private Limited has a workforce of 103 employees on its EPFO records as of Oct 10, 2025, across 1 active EPFO establishment.
Employee count
103
Active EPFO establishments
1
Employee growth
37.33%
GST
Chicago Blower (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECC8691A1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Chicago Blower (India) Private Limited, buy the company report.
Recent activity
Chicago Blower (India) Private Limited has 5 board changes on record since 2012: 4 appointments and 1 cessation. The latest: Prakash Gunvantbhai Panchal was appointed as Director on 20 Sep 2019.
AGM
Chicago Blower (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Bank Of India of Rs. 23.83 Cr registered on 25 Mar 2025 with Charge ID 101086778 was modified on 23 Apr 2025.
Charges
A charge registered on 21 Jul 2023 via Charge ID 100747673 with Sidbi was fully satisfied on 17 Apr 2025.
Charges
A charge registered on 04 Jan 2023 via Charge ID 100661806 with Sidbi was fully satisfied on 17 Apr 2025.
Charges
A charge registered on 07 Mar 2022 via Charge ID 100542441 with Sidbi was fully satisfied on 17 Apr 2025.
Charges
A charge registered on 17 Sep 2021 via Charge ID 100479210 with Sidbi was fully satisfied on 17 Apr 2025.
Charges
A charge registered on 30 Jun 2020 via Charge ID 100346769 with Sidbi was fully satisfied on 17 Apr 2025.
Charges
A charge registered on 11 Mar 2020 via Charge ID 100337946 with Sidbi was fully satisfied on 17 Apr 2025.
Charges
A charge registered on 11 Dec 2018 via Charge ID 100221940 with Sidbi was fully satisfied on 17 Apr 2025.
Charges
A charge registered on 07 Dec 2018 via Charge ID 100221798 with Sidbi was fully satisfied on 17 Apr 2025.
Filing
Chicago Blower (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Bank Of India amounted to Rs. 23.83 Cr with Charge ID 101086778 was registered on 25 Mar 2025.
28 earlier events are in the company report.
Frequently asked questions
Chicago Blower (India) is an active private limited company based in Mahemdabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 21 June 2012 (14+ years old) and is registered under CIN U29100GJ2012PTC070846.
Chicago Blower (India) has 4 current directors:
- Gunvant Dayabhai Panchal - Director
- Sainitesh Panchal Gunvantbhai - Director
- Prakash Gunvantbhai Panchal - Director
- Mina Panchal Gunvant - Director
The latest financial statements of Chicago Blower (India) 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 Chicago Blower (India) is 24AAECC8691A1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Chicago Blower (India) is U29100GJ2012PTC070846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chicago Blower (India) has 1 court case on record: 1 filed against it.
Chicago Blower (India) was incorporated on 21 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Chicago Blower (India) by revenue are Interpower Induction Private Limited, Chandra Engineering and Mechanical Pvt Ltd, Tomer Engineering Works Private Limited, Infinity Automation Systems Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Prakash Gunvantbhai Panchal was appointed as Director on 20 Sep 2019. Prakash Gunwant Panchal ceased to be Director on 22 Apr 2019. Gunvant Dayabhai Panchal was appointed as Director on 21 Jun 2012. Chicago Blower (India) has 5 board changes on record in total.
Yes, Chicago Blower (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-12-0000180).
Chicago Blower (India) has 5 MSME Form 1 returns on record between 2019 and 2021, listing 95 overdue payments to 4 micro and small suppliers. The latest return was filed on 06 May 2021.
Chicago Blower (India) can be reached through the website chicagoblower.in. Its registered office is in Mahemdabad, Gujarat, India.