MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0045908
Funke Heatex Engineering India Private Limited - machinery and equipment in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.38 Cr
▼ 38% YoY
Net profit · FY 2024
₹27.69 Lakh
Net margin 1.8%
EBITDA · FY 2024
₹63.71 Lakh
EBITDA margin 4.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.68 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Employees · EPFO
136
Provident fund records
About Funke Heatex Engineering India Private Limited
Data last updated:
Funke Heatex Engineering India Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 08 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29130GJ2016PTC085662. Its GSTIN is 24AACCF7377G2ZI (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Avinashkumar Bootaram Wighmal and Arpit Mohanbhai Patel.
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 Block / Revenue Survey No. 436 And 387/A Village Palsana Taluka Palsana, Surat, Gujarat, India – 394315.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.38 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹27.69 Lakh (net margin 1.8%) and EBITDA of ₹63.71 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.
The company has about 136 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Funke. As per MCA filings, the company has open charges of ₹2.68 Cr on record.
Funke Heatex Engineering India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0045908). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website funkeheatex.com.
Company details
CIN U29130GJ2016PTC085662
Registration Number 085662
Incorporation Date 08 January 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0045908
Key People
Avinashkumar Bootaram Wighmal Director Arpit Mohanbhai Patel Director Devang Shirish Munim Director Recognitions & Rankings of Funke Heatex Engineering India
Contact details
Funke Heatex Engineering India Private Limited's registered office is in Surat, Gujarat. Its website is funkeheatex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBlock / Revenue Survey No. 436 And 387/A Village Palsana Taluka Palsana, Surat, Gujarat, India – 394315
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Funke Heatex Engineering India Private Limited, buy the company report.
Comprehensive company report
Funke Heatex Engineering India Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Funke Heatex Engineering India operates one associated brand: Funke. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of heat exchangers and industrial equipment in India. | funkeheatex.com |
Business activity
The main business activity of Funke Heatex Engineering India is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Funke Heatex Engineering India Private Limited, buy the company report.
Financials of Funke Heatex Engineering India Private Limited
FY 2024 filings availableFunke Heatex Engineering India Private Limited reported revenue of ₹15.38 Cr (down 38% YoY) for FY 2024.
Revenue · FY 2024
₹15.38 Cr ▼ 38%
Net profit · FY 2024
₹27.69 Lakh margin 1.8%
EBITDA · FY 2024
₹63.71 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 7%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 58%
3 years · compounded
▼ 20%
5 years · compounded
▼ 15%
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 58% 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 | ₹63.71 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹27.69 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 | 4.1% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Funke Heatex Engineering India Private Limited, buy the company report.
Board of directors of Funke Heatex Engineering India Private Limited
Funke Heatex Engineering India has 8 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinashkumar Bootaram Wighmal | Director | 08 Jan 2016 | 10 Years 9 Months | Current |
| Arpit Mohanbhai Patel Also directs: Heatex Industries Limited, Anjani Machines Private Limited | Director | 26 Sep 2017 | 9 Years 0 Months | Current |
| Devang Shirish Munim Also directs: Advensys Ventures LLP, Poojaheatex Engineering Private Limited | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
| Jorg Hinz | Director | 07 Jan 2017 | 9 Years 9 Months | Current |
| Mandeep Avinashkumar Wighmal Also directs: Kasauli Luxe Living Private Limited | Director | 08 Jul 2019 | 7 Years 3 Months | Current |
| Bankim Harrai Vashi Also directs: Poojaheatex Engineering Private Limited | Director | 15 Mar 2016 | 10 Years 7 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Funke Heatex Engineering India Private Limited is audited by ALPA CHRISTIE & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALPA CHRISTIE & CO | FY 2023 | 0122545W |
Shareholding
The shareholding of Funke Heatex Engineering India 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 Funke Heatex Engineering India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.68 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2018 | 100225508 | Others | ₹2.68 Cr | Open |
To see the full charge records of Funke Heatex Engineering India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Funke Heatex Engineering India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Funke Heatex Engineering India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Funke Heatex Engineering India Private Limited has a workforce of 136 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
136
Active EPFO establishments
1
Employee growth
20.35%
GST
Funke Heatex Engineering India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCF7377G2ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Funke Heatex Engineering India Private Limited, buy the company report.
Recent activity
Funke Heatex Engineering India Private Limited has 11 board changes on record since 2016: 8 appointments and 3 cessations. The latest: Mandeep Avinashkumar Wighmal ceased to be Additional Director on 30 Sep 2019.
AGM
Funke Heatex Engineering India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 268.45 Lakh registered on 03 Oct 2018 with Charge ID 100225508 was modified on 19 Jul 2024.
Filing
Funke Heatex Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Mandeep Avinashkumar Wighmal ceased to be Additional Director.
Appointed
Arpan Mohanbhai Patel was appointed as Director.
Appointed
Mandeep Avinashkumar Wighmal was appointed as Director.
Ceased
Arpan Mohanbhai Patel ceased to be Director.
Charges
A charge with Others amounted to Rs. 268.45 Lakh with Charge ID 100225508 was registered on 03 Oct 2018.
Ceased
Bernd Timmermann ceased to be Director.
Appointed
Arpit Mohanbhai Patel was appointed as Director.
Appointed
Jorg Hinz was appointed as Director.
Appointed
Bankim Harrai Vashi was appointed as Director.
4 earlier events are in the company report.
Frequently asked questions
Funke Heatex Engineering India is an active private limited company based in Surat, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 08 January 2016 (10+ years old) and is registered under CIN U29130GJ2016PTC085662.
Funke Heatex Engineering India has 8 current directors:
- Avinashkumar Bootaram Wighmal - Director
- Arpit Mohanbhai Patel - Director
- Devang Shirish Munim - Director
- Jorg Hinz - Director
- Mandeep Avinashkumar Wighmal - Director
- Bankim Harrai Vashi - Director
- Arpan Mohanbhai Patel - Director
- Mayur Reshamwala - Director
The latest financial statements of Funke Heatex Engineering India 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 FY 2016 are in the company report.
The GSTIN of Funke Heatex Engineering India is 24AACCF7377G2ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Funke Heatex Engineering India is U29130GJ2016PTC085662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Funke Heatex Engineering India was incorporated on 08 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Mandeep Avinashkumar Wighmal ceased to be Additional Director on 30 Sep 2019. Arpan Mohanbhai Patel was appointed as Director on 01 Aug 2019. Mandeep Avinashkumar Wighmal was appointed as Director on 08 Jul 2019. Funke Heatex Engineering India has 11 board changes on record in total.
Yes, Funke Heatex Engineering India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0045908).
Funke Heatex Engineering India can be reached through the website funkeheatex.com. Its registered office is in Surat, Gujarat, India.
The registered office of Funke Heatex Engineering India is at Block Revenue Survey No. 436 And 387A Village Palsana Taluka Palsana, Surat, Gujarat, India – 394315.