Induction Powermelt Pvt Ltd
About Induction Powermelt Pvt Ltd
Data last updated:
Induction Powermelt Pvt Ltd is a private limited company based in Santej, Gujarat, India. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 06 April 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29120GJ1989PTC012088. Its GSTIN is 24AAACI3544G1ZX (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vikram Chimanlal Doshi (Whole-Time Director) and Rajendra Shankarlal Raval (Whole-Time Director).
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 Plot No 815 Sola – Kalol Road Ta Kalol(N.G.), Santej, Gujarat, India – 382721.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.2 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹7.49 Lakh (net margin 6.2%) and EBITDA of ₹21.91 Lakh (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 4% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹32.73 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Induction Powermelt Pvt Ltd's registered office is in Santej, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 815 Sola – Kalol Road Ta Kalol(N.G.), Santej, Gujarat, India – 382721
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
To see the full contact details of Induction Powermelt Pvt Ltd, 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
Business activity
The main business activity of Induction Powermelt is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Induction Powermelt Pvt Ltd, buy the company report.
Financials of Induction Powermelt Pvt Ltd
FY 2025 filings availableInduction Powermelt Pvt Ltd reported revenue of ₹1.2 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 37% 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 |
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| EBITDA | ₹21.91 Lakh | ||||
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| Net Profit (PAT) | ₹7.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Induction Powermelt Pvt Ltd, buy the company report.
Board of directors of Induction Powermelt Pvt Ltd
Induction Powermelt has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Chimanlal Doshi Also directs: Interpower Induction Private Limited | Whole-Time Director | 06 Apr 1989 | 37 Years 7 Months | Current |
| Rajendra Shankarlal Raval | Whole-Time Director | 30 Oct 2001 | 25 Years 0 Months | Current |
| Madhavi Vikram Doshi | Director | 01 Feb 2008 | 18 Years 9 Months | Current |
| Bhargav Rajendra Raval | Director | 31 May 2016 | 10 Years 5 Months | Current |
Peer comparison
Induction Powermelt Pvt Ltd is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Heavy Engineering), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techno-Cap Equipments India Private Limited | ₹1.25 Cr (FY 2025) | -44.0% | Coimbatore, Tamil Nadu, India | |||
| Maxwatt Turbo Systems Private Limited | ₹1.2 Cr (FY 2025) | -91.0% | Bangalore, Karnataka, India | |||
| Induction Powermelt Pvt Ltdthis company | ₹1.2 Cr (FY 2025) | ₹7.49 Lakh | 6.2% | -13.0% | Santej, Gujarat, India | |
| Sarvarupa Machines Private Limited | ₹1.1 Cr (FY 2024) | 322.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Induction Powermelt Pvt Ltd, buy the company report.
Auditor
Induction Powermelt Pvt Ltd is audited by RASHMIKANT SHAH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RASHMIKANT SHAH & CO | FY 2020 | 108686W |
Shareholding
The shareholding of Induction Powermelt Pvt Ltd is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Induction Powermelt Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Mar 2025 | 101056233 | Hdfc Bank Limited | ₹13.5 Lakh | Open | |
| 27 Sep 2023 | 100791085 | Hdfc Bank Limited | ₹14 Lakh | Open | |
| 16 Mar 2005 | 80041010 | Icici Bank Limited | ₹5.23 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Induction Powermelt Pvt Ltd 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 Induction Powermelt Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Induction Powermelt has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACI3544G1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Induction Powermelt Pvt Ltd, buy the company report.
Recent activity
Induction Powermelt Pvt Ltd has 10 board changes on record since 1989: 7 appointments and 3 cessations. The latest: Bhargav Rajendra Raval was appointed as Director on 31 May 2016.
4 earlier events are in the company report.
Frequently asked questions
Induction Powermelt is an active private limited company based in Santej, Gujarat, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 06 April 1989 (37+ years old) and is registered under CIN U29120GJ1989PTC012088.
Induction Powermelt has 4 current directors:
- Vikram Chimanlal Doshi - Whole-Time Director
- Rajendra Shankarlal Raval - Whole-Time Director
- Madhavi Vikram Doshi - Director
- Bhargav Rajendra Raval - Director
The latest financial statements of Induction Powermelt 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 Induction Powermelt is 24AAACI3544G1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Induction Powermelt is U29120GJ1989PTC012088. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Induction Powermelt was incorporated on 06 April 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Induction Powermelt by revenue are Techno-Cap Equipments India Private Limited, Maxwatt Turbo Systems Private Limited, Sarvarupa Machines Private Limited, all in the Machinery and Equipment industry (Heavy Engineering), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Bhargav Rajendra Raval was appointed as Director on 31 May 2016. Niruben Rajendrabhai Raval ceased to be Director on 21 Apr 2016. Madhavi Vikram Doshi was appointed as Director on 01 Feb 2008. Induction Powermelt has 10 board changes on record in total.
The registered office of Induction Powermelt is at Plot No 815 Sola – Kalol Road Ta KalolN.G., Santej, Gujarat, India – 382721.
Induction Powermelt operates in the machinery and equipment industry, in the heavy engineering and manufacturing segment.
Induction Powermelt has open charges of ₹32.73 Lakh and no satisfied charges on record as per latest MCA filings.
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