Fitech Equipments(India)Pvt Ltd - Company Profile

It is a machinery and equipment private limited company based in Mumbai, Maharashtra, India, established in 1986.

1986 Mumbai, Maharashtra, India Active

Last Updated: December 21, 2025

About Fitech Equipments(India)Pvt Ltd

Fitech Equipments(India)Pvt Ltd, a active private limited company, was established on 17 July 1986 in Mumbai, Maharashtra, India. Engaging in industrial products retail & distribution within the manufacturing sector, it holds CIN: U29193MH1986PTC040422. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹3.00 M and a paid-up capital of ₹2.49 M.

It upholds a compliant status. Employing 42 professional, Its leadership includes Milind Ashok Shah (Director), Nirali Mitul Shah (Director), Mitul Bharat Shah (Director). Past directors included Milind Ashok Shah, Nirali Mitul Shah, Mitul Bharat Shah. It holds ₹30.00 Cr open charges and ₹24.49 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 4, Champaklal Industrial Estate Sion -East, Mumbai, Maharashtra, 400022.

Company Details

CIN/LLPIN
U29193MH1986PTC040422
Registration Number
040422
Incorporation Date
17 July 1986
Authorized Capital
₹3.00 M
Paid-Up Capital
₹2.49 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 3.00 M as on 21-12-2025
Paid Up Capital ₹ 2.49 M as on 21-12-2025
Company Age 39 Year, 7 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 30.00 Cr as on 21-12-2025
Satisfied Charges ₹ 24.49 Cr as on 21-12-2025
Revenue Growth **** 5.35% (FY 2024)
Profit Growth **** 28.44% (FY 2024)
Ebitda **** 166.69% (FY 2024)
Net Worth 4.00% (FY 2024)
Total Assets **** 4.38% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Fitech Equipments(India)Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Fitech Equipments(India)Pvt Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Milind Ashok Shah	Director	17 Mar 2014	Current
Nirali Mitul Shah	Director	28 Dec 2017	Current
Mitul Bharat Shah	Director	01 Mar 2017	Current
Bansri Milind Shah	Additional Director	15 Nov 2024	Current
Bharat Jayantilal Shah	Managing Director	17 Jul 1986	Current
Leena Bharat Shah	Director	28 Dec 2017	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2014	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Additional Director	30 Sep 2017	Past
Pramod Abcsdd	Director	01 Apr 2007	Past
Pramod Abcsdd	Additional Director	29 Sep 2018	Past
Pramod Abcsdd	Director	01 Oct 2012	Past

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Financial Performance of Fitech Equipments(India)Pvt.

Fitech Equipments(India)Pvt Ltd, for the financial year ended 2024, experienced modest growth in revenue, with a 5.35% increase. The company also saw a substantial improvement in profitability, with a 28.44% increase in profit. The company's net worth moved up by a moderate rise of 4%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

5.35%

*******

Revenue from Operations

*******

1.50%

*******

Total Assets

*******

4.38%

*******

Profit or Loss

*******

28.44%

*******

Net Worth

*******

4.00%

*******

EBITDA

*******

166.69%

*******

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What is the Ownership and Shareholding Structure of Fitech Equipments(India)Pvt?

In 2024, Fitech Equipments(India)Pvt had a public holding of 0.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹300,000,000.00

Satisfied Charges

₹244,886,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 30.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
07 Aug 2023	Hdfc Bank Limited	₹6.00 Cr	Open
31 May 2021	Hdfc Bank Limited	₹24.00 Cr	Open
21 Dec 2015	Others	₹9.05 M	Satisfied
28 Oct 2011	Bank Of Baroda	₹14.85 Cr	Satisfied
25 Mar 2009	Bank Of Baroda	₹7.50 Cr	Satisfied

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How Many Employees Work at Fitech Equipments(India)Pvt?

Fitech Equipments(India)Pvt has a workforce of 42 employees as of Sep 25, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Fitech Equipments(India)Pvt, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fitech Equipments(India)Pvt's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Fitech Equipments(India)Pvt

Recent Activity within the Organization

Charges

A charge with Hdfc Bank Limited of Rs. 60.00 M registered on 07 Aug 2023 with Charge ID 100783077 was modified on 17 Oct 2025. was recorded as a recent event.
17 Oct 2025
Director Appointment

Bansri Milind Shah was appointed as a Additional Director was appointed as a Additional Director on 15 Nov 2024 & has been associated with this company since 1 year 3 months . was recorded as a recent event.
15 Nov 2024
Annual General Meeting

Progress on Fitech Equipments(India)Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.
30 Sep 2024
Charges

Progress on A charge registered on 21 Dec 2015 via Charge ID 10612124 with Others was fully satisfied on 07 Aug 2024. was documented.
07 Aug 2024
Balance Sheet

Fitech Equipments(India)Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Charges

The activity A charge with Hdfc Bank Limited of Rs. 240.00 M registered on 31 May 2021 with Charge ID 100452667 was modified on 08 Sep 2023. was completed.
08 Sep 2023

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Frequently Asked Questions

What is the CIN of Fitech Equipments(India)Pvt Ltd?

The CIN of Fitech Equipments(India)Pvt Ltd is U29193MH1986PTC040422.

Where is Fitech Equipments(India)Pvt Ltd headquartered?

Fitech Equipments(India)Pvt Ltd is headquartered at 4, Champaklal Industrial Estate Sion -East, Mumbai, Maharashtra, 400022.

When was Fitech Equipments(India)Pvt Ltd incorporated?

Fitech Equipments(India)Pvt Ltd was incorporated on 17 July 1986.

Who are the current directors of Fitech Equipments(India)Pvt Ltd?

The current directors of Fitech Equipments(India)Pvt Ltd are

What is the primary industry of Fitech Equipments(India)Pvt Ltd?

The primary industry of Fitech Equipments(India)Pvt Ltd is Manufacturing.

Is Fitech Equipments(India)Pvt Ltd a listed company?

Fitech Equipments(India)Pvt Ltd is unlisted.

What is the capital structure of Fitech Equipments(India)Pvt Ltd?

The authorized capital of Fitech Equipments(India)Pvt Ltd is ₹3.00 M, and the paid-up capital is ₹2.49 M.

What is the compliance status of Fitech Equipments(India)Pvt Ltd?

The compliance status of Fitech Equipments(India)Pvt Ltd is Compliant.

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