Fitwell Technologies Private Limited
About Fitwell Technologies Private Limited
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Fitwell Technologies Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 February 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31300GJ2001PTC039269. Its GSTIN is 24AAACF5387L1ZC (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Chimanbhai Nanjibhai Hapani and Mehul Keshubhai Bhalara.
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 20 Alankar Chambers Dhebarchowk Trikon Baug, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.85 Lakh. For the same year it recorded a net profit of ₹15.07 Lakh (net margin 52.2%) and EBITDA of ₹17.17 Lakh (EBITDA margin 59.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 15% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fitwell Technologies Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address20 Alankar Chambers Dhebarchowk Trikon Baug, Rajkot, Gujarat, India – 360001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Fitwell Technologies 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
Financials of Fitwell Technologies Private Limited
FY 2025 filings availableFitwell Technologies Private Limited reported revenue of ₹28.85 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years. 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 | ₹17.17 Lakh | ||||
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| Net Profit (PAT) | ₹15.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 59.5% | ||||
| Net Profit Margin | 52.2% | ||||
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To see the full financial statements and ratios of Fitwell Technologies Private Limited, buy the company report.
Board of directors of Fitwell Technologies Private Limited
Fitwell Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chimanbhai Nanjibhai Hapani | Director | 02 Feb 2004 | 22 Years 8 Months | Current |
| Mehul Keshubhai Bhalara Also directs: Farmking Food Products Private Limited | Director | 01 Apr 2011 | 15 Years 6 Months | Current |
Peer comparison
Fitwell Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ace Latex and Steel Private Limited | ₹28.96 Lakh (FY 2019) | -67.0% | Madurai, Tamil Nadu, India | |||
| Fitwell Technologies Private Limited this company | ₹28.85 Lakh (FY 2024) | ₹15.07 Lakh | 52.2% | Rajkot, Gujarat, India | ||
| Purvi Bharat Steel Ltd | ₹28.71 Lakh (FY 2025) | -59.0% | Cuttack, Odisha, India | |||
| Bansal Ispat Tubes Private Limited | ₹28.51 Lakh (FY 2024) | 8.0% | Secunderabad, Telangana, India | |||
| Megha Multi Metals Private Limited | ₹28.33 Lakh (FY 2025) | -68.0% | Mandi Gobindgarh, Punjab, India |
To see the full peer comparison of Fitwell Technologies Private Limited, buy the company report.
Auditor
Fitwell Technologies Private Limited is audited by BHAVIN ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVIN ASSOCIATES | FY 2023 | 0101383W |
Shareholding
The shareholding of Fitwell Technologies 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 Fitwell Technologies Private Limited, buy the company report.
Legal cases
Fitwell Technologies Private Limited has 2 court cases on record: 1 filed by Fitwell Technologies, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against The Commissioner of CGST and Central Excise | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Fitwell Technologies 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
No delayed payments to MSME suppliers are on our record for Fitwell Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fitwell Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACF5387L1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fitwell Technologies Private Limited, buy the company report.
Recent activity
Fitwell Technologies Private Limited has 6 board changes on record since 2004: 4 appointments and 2 cessations. The latest: Bharatbhai Chimanbhai Hapani ceased to be Director on 01 Apr 2011.
Frequently asked questions
Fitwell Technologies is an active private limited company based in Rajkot, Gujarat, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 February 2001 (25+ years old) and is registered under CIN U31300GJ2001PTC039269.
Fitwell Technologies has 2 current directors:
- Chimanbhai Nanjibhai Hapani - Director
- Mehul Keshubhai Bhalara - Director
The latest financial statements of Fitwell Technologies 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 Fitwell Technologies is 24AAACF5387L1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Fitwell Technologies is U31300GJ2001PTC039269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitwell Technologies has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
Fitwell Technologies was incorporated on 28 February 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Fitwell Technologies by revenue are Ace Latex and Steel Private Limited, Purvi Bharat Steel Ltd, Bansal Ispat Tubes Private Limited, Megha Multi Metals Private Limited, all in the Metals and Minerals industry (Steel), with the same principal business activity (metal and metal products).
Bharatbhai Chimanbhai Hapani ceased to be Director on 01 Apr 2011. Mehul Keshubhai Bhalara was appointed as Director on 01 Apr 2011. Nitinbhai Hapani ceased to be Director on 01 Apr 2011. Fitwell Technologies has 6 board changes on record in total.
The registered office of Fitwell Technologies is at 20 Alankar Chambers Dhebarchowk Trikon Baug, Rajkot, Gujarat, India – 360001.
Fitwell Technologies operates in the metals and minerals industry, in the steel manufacturing and processing segment.