- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0005262

About Esco Steamcon Private Limited
Data last updated:
Esco Steamcon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 19 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45209GJ1989PTC012516. Its GSTIN is 24AAACJ3782D1ZU (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15.9 Lakh. It was formerly known as J M Steamcon Private Limited. It is led by directors including Jagdishbhai Mukundbhai Mashruwala and Rutul Jagdishbhai Mashruwala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 15 Adarsh Co. Op. Ind. Estate Ltd. Nr. Chakudia Mahadev Rakhial, Ahmedabad, Gujarat, India – 380023.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.08 Cr. For the same year it recorded a net profit of ₹24.32 Lakh (net margin 6%) and EBITDA of ₹44.34 Lakh (EBITDA margin 10.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹15.5 Lakh on record. Court records list 4 cases involving the company, including 4 filed against it.
Esco Steamcon Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0005262). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website escoindia.com.
Company details
Recognitions & Rankings of Esco Steamcon
Contact details
Esco Steamcon Private Limited's registered office is in Ahmedabad, Gujarat. Its website is escoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address15 Adarsh Co. Op. Ind. Estate Ltd. Nr. Chakudia Mahadev Rakhial, Ahmedabad, Gujarat, India – 380023
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Esco Steamcon 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 Esco Steamcon 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 Esco Steamcon Private Limited, buy the company report.
Financials of Esco Steamcon Private Limited
FY 2024 filings availableEsco Steamcon Private Limited reported revenue of ₹4.08 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years. EBITDA fell 18% 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 |
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| EBITDA | ₹44.34 Lakh | ||||
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| Net Profit (PAT) | ₹24.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | 6% | ||||
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To see the full financial statements and ratios of Esco Steamcon Private Limited, buy the company report.
Board of directors of Esco Steamcon Private Limited
Esco Steamcon has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagdishbhai Mukundbhai Mashruwala | Director | 19 Jul 1989 | 37 Years 3 Months | Current |
| Rutul Jagdishbhai Mashruwala | Director | 01 Jan 2006 | 20 Years 10 Months | Current |
| Arpit Jagdishbhai Mashruwala | Director | 01 Jun 2008 | 18 Years 5 Months | Current |
Auditor
Esco Steamcon Private Limited is audited by BHADRESHR.SHAH& ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHADRESHR.SHAH& ASSOCIATES | FY 2023 | 101097W |
Shareholding
The shareholding of Esco Steamcon Private Limited 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 Esco Steamcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 1997 | 90107630 | Nutan Nagarik Sahakari Bank Ltd | ₹9.4 Lakh | Open | |
| 14 Jul 1997 | 90109639 | Nutan Nagarik Sahakari Bank Ltd | ₹5.6 Lakh | Open | |
| 28 May 1990 | 90108654 | Nutan Nagarik Sahakari Bank Ltd | ₹50,000 | Open |
To see the full charge records of Esco Steamcon Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Esco Steamcon Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CAA) | Filed against the company by Spirax Marshall Ltd. | Disposed |
| Bombay High Court | Court case (AO) | Filed against the company by Spirax Marshall Ltd. | Disposed |
To see the full case history of Esco Steamcon 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
Esco Steamcon Private Limited has 1 MSME Form 1 return on record for the period ending May 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Esco Steamcon Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Esco Steamcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACJ3782D1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Esco Steamcon Private Limited, buy the company report.
Recent activity
Esco Steamcon Private Limited has 4 board changes on record since 1989: 3 appointments and 1 cessation. The latest: Ashitbhai Harshvadan Parikh ceased to be Director on 01 Apr 2025.
Frequently asked questions
Esco Steamcon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 19 July 1989 (37+ years old) and is registered under CIN U45209GJ1989PTC012516.
Esco Steamcon has 3 current directors:
- Jagdishbhai Mukundbhai Mashruwala - Director
- Rutul Jagdishbhai Mashruwala - Director
- Arpit Jagdishbhai Mashruwala - Director
The latest financial statements of Esco Steamcon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Esco Steamcon is 24AAACJ3782D1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Esco Steamcon is U45209GJ1989PTC012516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Esco Steamcon has 4 court cases on record: 4 filed against it.
Esco Steamcon was incorporated on 19 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashitbhai Harshvadan Parikh ceased to be Director on 01 Apr 2025. Arpit Jagdishbhai Mashruwala was appointed as Director on 01 Jun 2008. Rutul Jagdishbhai Mashruwala was appointed as Director on 01 Jan 2006. Esco Steamcon has 4 board changes on record in total.
Yes, Esco Steamcon is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0005262).
Esco Steamcon has 1 MSME Form 1 return on record for the period ending May 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 18 May 2019.
Esco Steamcon can be reached through the website escoindia.com. Its registered office is in Ahmedabad, Gujarat, India.

