About Compete Tools Private Limited
Data last updated: 21 December 2025
Compete Tools Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in industrial machinery retail and distribution, a part of the broader machinery and industrial equipment sector. Incorporated on 16 February 1996, the company has been in operation for over 30 years.
Registered with ROC Mumbai under CIN U51900MH1996PTC097366.
Capital: an authorised share capital of ₹30 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Ramesh Shantilal Shah and Nishit Ramesh Shah.
Last AGM: 30 August 2025. Financial statements filed for year ended 31 March 2025. Office: 17 Floor – 1 163 Maskati Blgd Narayan Dhuru Street Pydhonie Mandvi, Mumbai, Maharashtra, India – 400003.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.4 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 11 employees as per the latest available data.
The company is associated with 1 brand - Compete Tools. As per MCA filings, the company has open charges of ₹3.99 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website competetools.in.
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Registered Address17 Floor – 1 163 Maskati Blgd Narayan Dhuru Street Pydhonie Mandvi, Mumbai, Maharashtra, India – 400003
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IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Compete Tools Private Limited
Compete Tools Private Limited operates one associated brand: Compete Tools. These brands represent Compete Tools Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provision of industrial tools, equipment, and automation solutions across various sectors. | competetools.in |
Business Activity of Compete Tools Private Limited
Compete Tools Private Limited is engaged in principal business activities including trade and professional, scientific and technical, with detailed activities including wholesale trading, other professional, scientific and technical activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Compete Tools Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Compete Tools Private Limited
Compete Tools Private Limited is audited by Varaiya & Shah LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Varaiya & Shah LLP | Locked | Locked | Locked |
Complete auditor history for Compete Tools Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Compete Tools Private Limited
Compete Tools Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Shantilal Shah | Director | 16 Feb 1996 | 30 Years 5 Months | Current |
| Nishit Ramesh Shah | Director | 05 Oct 2007 | 18 Years 10 Months | Current |
Financials of Compete Tools Private Limited FY 2025 filings available
Compete Tools Private Limited reported revenue of ₹13.4 Cr (up 9.00% YoY) for FY 2025.
Ten-year financial statements for Compete Tools Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Compete Tools Private Limited
Shareholding and ownership data for Compete Tools Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Compete Tools Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2020 | Others | ₹49 Lakh | Open |
| 08 Dec 1997 | Others | ₹3.5 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Compete Tools Private Limited
Compete Tools Private Limited has a workforce of 11 employees as of Mar 31, 2024.
Employee and EPFO history for Compete Tools Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Compete Tools Private Limited
GST registrations and filing compliance for Compete Tools Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Compete Tools Private Limited
Credit ratings, litigation, and regulatory alerts for Compete Tools Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Compete Tools Private Limited
MSME payment history for Compete Tools Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Compete Tools Private Limited
Corporate group structure for Compete Tools Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Compete Tools Private Limited
MCA filings and documents for Compete Tools Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Compete Tools Private Limited
Frequently Asked Questions about Compete Tools Private Limited
Compete Tools Private Limited is an active private limited company in the machinery and equipment sector based in Mumbai, Maharashtra, India. It was incorporated on 16 February 1996 (30+ years old) and is registered under CIN U51900MH1996PTC097366. The company has 11 employees.
Compete Tools Private Limited reported revenue of ₹13.4 Cr for FY 2025 (up 9.00% YoY).
The current directors of Compete Tools Private Limited are:
- Ramesh Shantilal Shah - Director
- Nishit Ramesh Shah - Director
The primary industry of Compete Tools Private Limited is machinery and equipment. The company specifically operates in industrial machinery retail and distribution. The company is currently active in this sector.
Compete Tools Private Limited can be reached at the registered office: 17 Floor – 1 163 Maskati Blgd Narayan Dhuru Street Pydhonie Mandvi, Mumbai, Maharashtra, India – 400003, or through the website competetools.in.
The authorised capital is ₹30 Lakh, and the paid-up capital is ₹20 Lakh.