About Indel Engineering Private Limited
Data last updated:
Indel Engineering Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29119GJ2004PTC044340. Its GSTIN is 24AABCI2527E1Z3 (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Indel Engineering Company Private Limited and Indel Engineering Limited. It is led by directors including Kartik Kaushikbhai Nagar and Jigar Kaushikbhai Nagar.
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 – 4 Blue Star Complex Nr. Sardar Patel Stadium Rajiv Gandhi Over Bridge Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.07 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹6.9 Lakh (net margin 1.1%) and EBITDA of ₹22.8 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: I Park. As per MCA filings, the company has open charges of ₹2.55 Cr and satisfied charges of ₹1.94 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indelelevator.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressS – 4 Blue Star Complex Nr. Sardar Patel Stadium Rajiv Gandhi Over Bridge Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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
- One PDF report, delivered after checkout
Business Activity of Indel Engineering Private Limited
The main business activity of Indel Engineering is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Indel Engineering Private Limited FY 2025 filings available
Indel Engineering Private Limited reported revenue of ₹6.07 Cr (up 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Indel Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 53% growth in the latest year. EBITDA rose 24% 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 of Indel Engineering Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹22.8 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.9 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Indel Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Indel Engineering are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Indel Engineering Private Limited
Indel Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rolex Elevators Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Metro Elevators Company Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Tri Center of Analysis Research and Design Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Rana Material Handling Equipments Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Kathleho Elevators India Private Limited | •••• | •••• | •••• | •••• | 14 | New Delhi, Delhi, India |
| Indel Engineering Private Limited this company | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| E Star Engineers Private Limited | •••• | •••• | •••• | •••• | 16 | Chennai, Tamil Nadu, India |
| Vani Steel Tech Private Limited | •••• | •••• | •••• | •••• | - | Faridabad, Haryana, India |
| Universal Axis Lifting Solutions Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Visual Education Aids Private Limited | •••• | •••• | •••• | •••• | 26 | Coimbatore South, Tamil Nadu, India |
| Ailas Engineered Solutions Private Limited | •••• | •••• | •••• | •••• | 15 | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Indel Engineering by revenue in the Machinery and Equipment industry (Material Handling Equipment), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Indel Engineering Private Limited
Indel Engineering Private Limited is audited by BHARATIYA & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHARATIYA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Indel Engineering Private Limited
Indel Engineering has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Kaushikbhai Nagar | Director | 21 Jun 2004 | 22 Years 3 Months | Current |
| Jigar Kaushikbhai Nagar | Director | 01 May 2016 | 10 Years 5 Months | Current |
| Hansaben Kaushikbhai Nagar | Director | 21 Jun 2004 | 22 Years 3 Months | Current |
| Kaushikbhai Bachubhai Nagar | Director | 21 Jun 2004 | 22 Years 3 Months | Current |
Ownership and Shareholding of Indel Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indel Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2025 | Hdfc Bank Limited | ₹70 Lakh | Open |
| 17 Feb 2023 | Hdfc Bank Limited | ₹1.85 Cr | Open |
| 22 Nov 2024 | Others | ₹70 Lakh | Satisfied |
| 04 Aug 2017 | State Bank of India | ₹74 Lakh | Satisfied |
| 11 Jul 2014 | Vijaya Bank | ₹50 Lakh | Satisfied |
Total charge records: 5 View all charges
MSME Payment Delays by Indel Engineering Private Limited
Indel Engineering Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 34 overdue payments to 21 micro and small suppliers. 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 (5 of 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Apt Controls | •••• | •••• | •••• |
| Elmech Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Indel Engineering Private Limited
Indel Engineering operates one associated brand: I PARK. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and provides automated car parking systems for urban needs in India. | iparkhub.com |
Employees and EPFO Compliance at Indel Engineering Private Limited
Indel Engineering Private Limited has a workforce of 10 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Indel Engineering Private Limited
Indel Engineering has undergone 3 name changes throughout its history. The company was previously known as Indel Engineering Company Private Limited, Indel Engineering Limited, and Indel Engineering Company Limited. The current legal name is Indel Engineering Private Limited.
| Company Name | Status |
|---|---|
| Indel Engineering Private Limited | Current |
| Indel Engineering Company Private Limited | Previous |
| Indel Engineering Limited | Previous |
| Indel Engineering Company Limited | Previous |
CIN History of Indel Engineering Private Limited
Indel Engineering has one previous CIN (Corporate Identification Number): U29119GJ2004PLC044340. The current CIN is U29119GJ2004PTC044340, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29119GJ2004PTC044340 | Current |
| U29119GJ2004PLC044340 | Previous |
Recent Activity on Indel Engineering Private Limited
Indel Engineering Private Limited has 5 board changes on record since 2004: 4 appointments and 1 cessation. The latest: Jigar Kaushikbhai Nagar ceased to be Additional Director on 30 Sep 2016.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Indel Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indel Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Indel Engineering Private Limited
Indel Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCI2527E1Z3 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indel Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Indel Engineering Private Limited
Indel Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 21 June 2004 (22+ years old) and is registered under CIN U29119GJ2004PTC044340.
Indel Engineering reported revenue of ₹6.07 Cr for FY 2025 (up 53% YoY).
Indel Engineering has 4 current directors:
- Kartik Kaushikbhai Nagar - Director
- Jigar Kaushikbhai Nagar - Director
- Hansaben Kaushikbhai Nagar - Director
- Kaushikbhai Bachubhai Nagar - Director
Indel Engineering reported a net profit of ₹6.9 Lakh (net margin 1.1%) and EBITDA of ₹22.8 Lakh (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Indel Engineering is 19% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Indel Engineering is 24AABCI2527E1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Indel Engineering is U29119GJ2004PTC044340. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indel Engineering was incorporated on 21 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Indel Engineering by revenue are Rolex Elevators Private Limited, Metro Elevators Company Private Limited, Tri Center of Analysis Research and Design Private Limited, Rana Material Handling Equipments Private Limited, Kathleho Elevators India Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Jigar Kaushikbhai Nagar ceased to be Additional Director on 30 Sep 2016. Jigar Kaushikbhai Nagar was appointed as Director on 01 May 2016. Hansaben Kaushikbhai Nagar was appointed as Director on 21 Jun 2004. Indel Engineering has 5 board changes on record in total.
Indel Engineering has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 34 overdue payments to 21 micro and small suppliers. The latest return was filed on 28 May 2019.
Indel Engineering can be reached through the website indelelevator.com. Its registered office is in Ahmedabad, Gujarat, India.