MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0098750
Horizon Chutes Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.39 Cr
▲ 22% YoY
Net profit · FY 2025
₹3.35 Cr
Net margin 8.7%
EBITDA · FY 2025
₹5.93 Cr
EBITDA margin 15.4%
Authorised capital
₹55 Lakh
Registered with MCA
Paid-up capital
₹51 Lakh
Issued & subscribed
Open charges
₹43.12 Cr
Satisfied ₹3.63 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
102
Provident fund records
About Horizon Chutes Private Limited
Data last updated:
Horizon Chutes Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29299PN2006PTC128528. Its GSTIN is 27AABCH7154E1ZP (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors including Mahesh Madhav Limaye and Neelam Sandeep Bhosekar.
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 S/No – 11/16/2 Village Nanded Sinhagarh Road Vadgaon Dhairy, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.39 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹3.35 Cr (net margin 8.7%) and EBITDA of ₹5.93 Cr (EBITDA margin 15.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Horizon Chutes. As per MCA filings, the company has open charges of ₹43.12 Cr and satisfied charges of ₹3.63 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
Horizon Chutes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0098750). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website horizonchutes.com.
Company details
CIN U29299PN2006PTC128528
Registration Number 128528
Incorporation Date 30 May 2006
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0098750
Key People
Mahesh Madhav Limaye Director Neelam Sandeep Bhosekar Director Sandeep Shrinivas Bhosekar Director Recognitions & Rankings of Horizon Chutes
Contact details
Horizon Chutes Private Limited's registered office is in Pune, Maharashtra. Its website is horizonchutes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS/No – 11/16/2 Village Nanded Sinhagarh Road Vadgaon Dhairy, Pune, Maharashtra, India – 411041
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Horizon Chutes Private Limited, buy the company report.
Comprehensive company report
Horizon Chutes 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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Brands
Horizon Chutes operates one associated brand: Horizon Chutes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures garbage chutes, linen chutes, debris chutes, and fire doors for construction. | horizonchutes.com |
Business activity
The main business activity of Horizon Chutes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Horizon Chutes Private Limited, buy the company report.
Financials of Horizon Chutes Private Limited
FY 2025 filings availableHorizon Chutes Private Limited reported revenue of ₹38.39 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹38.39 Cr ▲ 22%
Net profit · FY 2025
₹3.35 Cr margin 8.7%
EBITDA · FY 2025
₹5.93 Cr margin 15.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 15%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 30%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 22% growth in the latest year. EBITDA rose 60% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.35 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.4% | ||||
| Net Profit Margin | 8.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Horizon Chutes Private Limited, buy the company report.
Board of directors of Horizon Chutes Private Limited
Horizon Chutes has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Madhav Limaye | Director | 30 May 2006 | 20 Years 5 Months | Current |
| Neelam Sandeep Bhosekar | Director | 09 Feb 2007 | 19 Years 8 Months | Current |
| Sandeep Shrinivas Bhosekar | Director | 16 May 2016 | 10 Years 5 Months | Current |
| Madhura Mahesh Limaye | Director | 16 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Horizon Chutes Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Aimengineers India Private Limited | ₹38.67 Cr (FY 2025) | -20.0% | Chakan, Maharashtra, India | |||
| Horizon Chutes Private Limitedthis company | ₹38.39 Cr (FY 2025) | ₹3.35 Cr | 8.7% | 22.0% | 102 | Pune, Maharashtra, India |
| Venture Steels Private Limited | ₹38.28 Cr (FY 2024) | 11.0% | Baramati, Maharashtra, India | |||
| Precision Gasification Services Private Limited | ₹38.27 Cr (FY 2025) | -6.0% | Rajkot, Gujarat, India | |||
| Triune Technofab Private Limited | ₹38.25 Cr (FY 2025) | -15.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Horizon Chutes Private Limited, buy the company report.
Auditor
Horizon Chutes Private Limited is audited by AVINASHJEEVANUTGIKAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVINASHJEEVANUTGIKAR | FY 2023 | 037025 |
Shareholding
The shareholding of Horizon Chutes 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 Horizon Chutes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹43.12 Cr
Satisfied charges
₹3.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2025 | 101127097 | Canara Bank | ₹28 Cr | Open | |
| 21 Mar 2024 | 100909782 | Canara Bank | ₹80 Lakh | Open | |
| 21 Mar 2024 | 100910067 | Canara Bank | ₹50 Lakh | Open | |
| 09 Dec 2021 | 100518561 | Canara Bank | ₹8.4 Cr | Open | |
| 30 Jun 2020 | 100364496 | Canara Bank | ₹61.9 Lakh | Open |
To see the full charge records of Horizon Chutes Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Horizon Chutes Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ms Dynamic Logistics Pvt. Ltd. | Disposed |
To see the full case history of Horizon Chutes 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 Horizon Chutes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Horizon Chutes Private Limited has a workforce of 102 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
102
Active EPFO establishments
1
Employee growth
3.03%
GST
Horizon Chutes has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH7154E1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Horizon Chutes Private Limited, buy the company report.
Recent activity
Horizon Chutes Private Limited has 4 board changes on record since 2006: 4 appointments. The latest: Madhura Mahesh Limaye was appointed as Director on 16 May 2016.
AGM
Horizon Chutes Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 2,800.00 Lakh with Charge ID 101127097 was registered on 26 Jun 2025.
Filing
Horizon Chutes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 13 Apr 2020 via Charge ID 100363315 with Syndicate Bank was fully satisfied on 25 Apr 2024.
Charges
A charge registered on 19 Apr 2017 via Charge ID 100103232 with Syndicate Bank was fully satisfied on 25 Apr 2024.
Charges
A charge registered on 26 Mar 2013 via Charge ID 10421316 with Syndicate Bank was fully satisfied on 25 Apr 2024.
Charges
A charge with Canara Bank amounted to Rs. 80.00 Lakh with Charge ID 100909782 was registered on 21 Mar 2024.
Charges
A charge with Canara Bank amounted to Rs. 50.00 Lakh with Charge ID 100910067 was registered on 21 Mar 2024.
Charges
A charge with Canara Bank of Rs. 840.00 Lakh registered on 09 Dec 2021 with Charge ID 100518561 was modified on 01 Nov 2022.
Charges
A charge with Canara Bank amounted to Rs. 840.00 Lakh with Charge ID 100518561 was registered on 09 Dec 2021.
Charges
A charge with Canara Bank amounted to Rs. 61.90 Lakh with Charge ID 100364496 was registered on 30 Jun 2020.
Charges
A charge with Syndicate Bank of Rs. 43.75 Lakh registered on 13 Apr 2020 with Charge ID 100363315 was modified on 09 Jun 2020.
19 earlier events are in the company report.
Frequently asked questions
Horizon Chutes is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 May 2006 (20+ years old) and is registered under CIN U29299PN2006PTC128528.
Horizon Chutes has 4 current directors:
- Mahesh Madhav Limaye - Director
- Neelam Sandeep Bhosekar - Director
- Sandeep Shrinivas Bhosekar - Director
- Madhura Mahesh Limaye - Director
The latest financial statements of Horizon Chutes 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 Horizon Chutes is 27AABCH7154E1ZP, registered in Maharashtra. 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 Horizon Chutes is U29299PN2006PTC128528. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Horizon Chutes has 2 court cases on record: 2 filed against it.
Horizon Chutes was incorporated on 30 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Horizon Chutes by revenue are Aimengineers India Private Limited, Venture Steels Private Limited, Precision Gasification Services Private Limited, Triune Technofab Private Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (metal and metal products).
Madhura Mahesh Limaye was appointed as Director on 16 May 2016. Sandeep Shrinivas Bhosekar was appointed as Director on 16 May 2016. Neelam Sandeep Bhosekar was appointed as Director on 09 Feb 2007. Horizon Chutes has 4 board changes on record in total.
Yes, Horizon Chutes is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0098750).
Horizon Chutes can be reached through the website horizonchutes.com. Its registered office is in Pune, Maharashtra, India.
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