- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0004224

About Cryogas Equipment Private Limited
Data last updated:
Cryogas Equipment Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 May 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ2009PTC056906. Its GSTIN is 24AADCC6489M1Z5 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.2 Cr. It is led by directors Alka Nayan Pandya and Nayan Balmukund Pandya.
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 A – 36 Ghanshyam Nagar Society No. – 2 GIDC Road Manjalpur, Vadodara, Gujarat, India – 390011.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.3 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹10.94 Cr (net margin 10.3%) and EBITDA of ₹20.78 Cr (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 35% over five years.
The company has about 309 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Cryogas Industries. As per MCA filings, the company has open charges of ₹132.53 Cr and satisfied charges of ₹9.72 Cr on record. Court records list 22 cases involving the company, including 8 filed by the company and 14 filed against it; 5 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.19 Cr; the latest was in August 2013.
Cryogas Equipment Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0004224). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cryogasequipment.com.
Company details
Recognitions & Rankings of Cryogas Equipment
Contact details
Cryogas Equipment Private Limited's registered office is in Vadodara, Gujarat. Its website is cryogasequipment.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 36 Ghanshyam Nagar Society No. – 2 GIDC Road Manjalpur, Vadodara, Gujarat, India – 390011
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Cryogas Equipment 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
Brands
Cryogas Equipment operates one associated brand: Cryogas Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cryogenic equipment, gases, and industrial services in India. | cryogasindustries.com |
Business activity
The main business activity of Cryogas Equipment is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Cryogas Equipment Private Limited, buy the company report.
Financials of Cryogas Equipment Private Limited
FY 2025 filings availableCryogas Equipment Private Limited reported revenue of ₹106.3 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 3% growth in the latest year. EBITDA rose 17% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹106.3 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.94 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| 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 Cryogas Equipment Private Limited, buy the company report.
Board of directors of Cryogas Equipment Private Limited
Cryogas Equipment has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alka Nayan Pandya | Director | 28 Sep 2019 | 7 Years 1 Months | Current |
| Nayan Balmukund Pandya | Director | 28 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Cryogas Equipment Private Limited is audited by MAHENDRA P. SHAH & CO. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHENDRA P. SHAH & CO. | FY 2025 | 114068W |
Shareholding
The shareholding of Cryogas Equipment 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 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cryogas Equipment Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101075870 | Axis Bank Limited | ₹96 Lakh | Open | |
| 19 Feb 2025 | 101067041 | Axis Bank Limited | ₹17.85 Lakh | Open | |
| 07 Feb 2025 | 101055145 | Axis Bank Limited | ₹1.65 Cr | Open | |
| 10 May 2024 | 100925673 | Axis Bank Limited | ₹15.75 Lakh | Open | |
| 17 Feb 2024 | 100871862 | Axis Bank Limited | ₹19 Lakh | Open |
To see the full charge records of Cryogas Equipment Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Cryogas Equipment Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.19 Cr; the latest was in August 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2010 | Funding round | ₹1.19 Cr | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cryogas Equipment Private Limited has 22 court cases on record: 8 filed by Cryogas Equipment, 14 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 7 | 2 |
| District courts | 7 | 6 | 2 |
| Supreme Court | 4 | 1 | 1 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2701-Intellectual Property Rights Law and Information Technology : Copyright, patent, trade mark, design, passing off) | Filed by the company against Inox India Limited and 3 others | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Inox India Limited | Pending |
| High Court of Gujarat | Special civil application | Filed against the company by M/S Megha Engineering and Infrastructures Ltd | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against Inox India Limited and 1 other | Pending |
| Supreme Court | Interim or miscellaneous application | Filed by the company against Inox India Limited | Disposed |
To see the full case history of Cryogas Equipment 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.
Credit ratings & regulatory alerts
Cryogas Equipment Private Limited was last rated by Crisil on 22 Jun 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 22 Jun 2020 |
To see the full credit ratings and regulatory alerts of Cryogas Equipment Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cryogas Equipment Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cryogas Equipment Private Limited has a workforce of 309 employees on its EPFO records as of Jan 15, 2026, across 1 active EPFO establishment.
GST
Cryogas Equipment has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCC6489M1Z5 | Gujarat | Active | 01 Jul 2017 |
| 24AADCC6489M2Z4 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cryogas Equipment Private Limited, buy the company report.
Recent activity
Cryogas Equipment Private Limited has 8 board changes on record since 2013: 2 appointments and 6 cessations. The latest: Ipsita Pandya ceased to be Additional Director on 30 Sep 2019.
25 earlier events are in the company report.
Frequently asked questions
Cryogas Equipment is an active private limited company based in Vadodara, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 12 May 2009 (17+ years old) and is registered under CIN U29199GJ2009PTC056906.
Cryogas Equipment has 2 current directors:
- Alka Nayan Pandya - Director
- Nayan Balmukund Pandya - Director
The latest financial statements of Cryogas Equipment 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 Cryogas Equipment is 24AADCC6489M1Z5, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AADCC6489M2Z4 (Gujarat).
The CIN (Corporate Identification Number) of Cryogas Equipment is U29199GJ2009PTC056906. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cryogas Equipment has 22 court cases on record: 8 filed by the company and 14 filed against it. 5 are pending. Most are in the high courts.
Cryogas Equipment was incorporated on 12 May 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Cryogas Equipment has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹1.19 Cr; the latest was in August 2013.
Ipsita Pandya ceased to be Additional Director on 30 Sep 2019. Llay Nayan Pandya ceased to be Additional Director on 30 Sep 2019. Alka Nayan Pandya was appointed as Director on 28 Sep 2019. Cryogas Equipment has 8 board changes on record in total.
Yes, Cryogas Equipment is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0004224).

