MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-17-0015718
Inheart Gases Private Limited
Inheart Gases Private Limited - chemicals and materials in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.56 Cr
▲ 2% YoY
Net profit · FY 2024
₹1,181
Net margin 0%
EBITDA · FY 2024
₹21.44 Lakh
EBITDA margin 6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹1.44 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Directors on board
6
As per MCA filings
About Inheart Gases Private Limited
Data last updated:
Inheart Gases Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the industrial and specialty gases segment of the chemicals and materials sector. It was incorporated on 21 February 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U23209MP2000PTC014049. Its GSTIN is 23AABCI2960H1ZU (Madhya Pradesh).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Vikas Kumar Jain and Ashok Kumar Jain.
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 86 – Ram Chandra Nagar Ext. Bijasen Road, Indore, Madhya Pradesh, India – 452005.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.56 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1,181 (net margin 0%) and EBITDA of ₹21.44 Lakh (EBITDA margin 6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹1.44 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2016. Its 5 peer companies in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels) are compared by revenue, 3 larger and 2 smaller; the largest is Green Enviro Gas Private Limited with revenue of ₹3.63 Cr.
Inheart Gases Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-17-0015718). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U23209MP2000PTC014049
Registration Number 014049
Incorporation Date 21 February 2000
ROC Gwalior
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MP-17-0015718
Recognitions & Rankings of Inheart Gases
Contact details
Inheart Gases Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address86 – Ram Chandra Nagar Ext. Bijasen Road, Indore, Madhya Pradesh, India – 452005
- IndustryChemicals and Materials, Industrial & Specialty Gases
To see the full contact details of Inheart Gases Private Limited, buy the company report.
Comprehensive company report
Inheart Gases 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Inheart Gases is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Inheart Gases Private Limited, buy the company report.
Financials of Inheart Gases Private Limited
FY 2025 filings availableInheart Gases Private Limited reported revenue of ₹3.56 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹3.56 Cr ▲ 2%
Net profit · FY 2024
₹1,181 margin 0%
EBITDA · FY 2024
₹21.44 Lakh margin 6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 15%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 37%
5 years · compounded
▼ 10%
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 36% 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 |
|---|---|---|---|---|---|
| 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 | ₹21.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1,181 | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 0% | ||||
| 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 | |||||
To see the full financial statements and ratios of Inheart Gases Private Limited, buy the company report.
Board of directors of Inheart Gases Private Limited
Inheart Gases has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Kumar Jain Also directs: Ineart Cryogenics and Allied Gases Private Limited | Director | 08 Aug 2024 | 2 Years 3 Months | Current |
| Ashok Kumar Jain Also directs: Sunderlal Moolchand Jain Tobacconist Private Limited | Director | 24 Feb 2000 | 26 Years 8 Months | Current |
| Nilesh Kumar Jain | Director | 08 Aug 2024 | 2 Years 3 Months | Current |
| Manoj Jain | Director | 24 Feb 2000 | 26 Years 8 Months | Current |
| Indira Jain | Director | 21 Feb 2000 | 26 Years 8 Months | Current |
| Rajeev Jain Also directs: Swastik Drugs Pvt Ltd | Director | 24 Feb 2000 | 26 Years 8 Months | Current |
Peer comparison
Inheart Gases Private Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Green Enviro Gas Private Limited | ₹3.63 Cr (FY 2025) | 10.0% | Chennai, Tamil Nadu, India | |||
| Nasik Oxygen Company Private Limited | ₹3.6 Cr (FY 2023) | -13.0% | Nashik, Maharashtra, India | |||
| Maa Vaishnavi Acetylene Gas Private Limited | ₹3.59 Cr (FY 2025) | -16.0% | Ukhra, West Bengal, India | |||
| Inheart Gases Private Limitedthis company | ₹3.56 Cr (FY 2024) | ₹1,181 | 0% | 2.0% | Indore, Madhya Pradesh, India | |
| Assortment and Pure Gases Private Limited | ₹3.42 Cr (FY 2018) | 180.0% | Bawal, Haryana, India | |||
| Sri Balaji Industrial Gases Private Limited | ₹3.42 Cr (FY 2025) | 15.0% | Patancheru, Telangana, India |
To see the full peer comparison of Inheart Gases Private Limited, buy the company report.
Auditor
Inheart Gases Private Limited is audited by A K P S & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K P S & CO | FY 2022 | 009710C |
Shareholding
The shareholding of Inheart Gases Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Inheart Gases Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.44 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2007 | 10058022 | Corporation Bank | ₹95 Lakh | Open | |
| 23 Jun 2000 | 90205599 | Corporation Bank | ₹49 Lakh | Open |
To see the full charge records of Inheart Gases Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Inheart Gases Private Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2016.
Total deals
1
Secondary share transfer
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Vikas Jain HUF, Manoj Kumar Jain HUF, 2 individuals Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Inheart Gases Private Limited has 3 court cases on record: 1 filed by Inheart Gases, 2 filed against it. All cases are disposed.
Total cases
3
Filed by the company
1
Filed against the company
2
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (9999-Other) | Filed against the company by State of M.P. . | Disposed |
| High Court of Madhya Pradesh | Court case (MCC) | Filed against the company by State of Madhya Pradesh | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of M.P. and Ors. | Disposed |
To see the full case history of Inheart Gases 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 Inheart Gases Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Inheart Gases has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AABCI2960H1ZU | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Inheart Gases Private Limited, buy the company report.
Recent activity
Inheart Gases Private Limited has 8 board changes on record since 2000: 6 appointments and 2 cessations. The latest: Nilesh Kumar Jain was appointed as Director on 08 Aug 2024.
AGM
Inheart Gases Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Inheart Gases Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Nilesh Kumar Jain was appointed as Director.
Appointed
Vikas Kumar Jain was appointed as Director.
Ceased
Nilesh Kumar Jain ceased to be Director.
Ceased
Vikas Kumar Jain ceased to be Director.
Charges
A charge with Corporation Bank of Rs. 95.00 Lakh registered on 13 Jun 2007 with Charge ID 10058022 was modified on 02 Jul 2010.
Charges
A charge with Corporation Bank amounted to Rs. 95.00 Lakh with Charge ID 10058022 was registered on 13 Jun 2007.
Charges
A charge with Corporation Bank amounted to Rs. 49.00 Lakh with Charge ID 90205599 was registered on 23 Jun 2000.
Appointed
Ashok Kumar Jain was appointed as Director.
Appointed
Manoj Jain was appointed as Director.
Appointed
Rajeev Jain was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Inheart Gases is an active private limited company based in Indore, Madhya Pradesh, India. The company works in industrial and specialty gases, within the chemicals and materials industry. It was incorporated on 21 February 2000 (26+ years old) and is registered under CIN U23209MP2000PTC014049.
Inheart Gases has 6 current directors:
- Vikas Kumar Jain - Director
- Ashok Kumar Jain - Director
- Nilesh Kumar Jain - Director
- Manoj Jain - Director
- Indira Jain - Director
- Rajeev Jain - Director
The latest financial statements of Inheart Gases 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 Inheart Gases is 23AABCI2960H1ZU, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Inheart Gases is U23209MP2000PTC014049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Inheart Gases has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the high courts.
Inheart Gases was incorporated on 21 February 2000, making it 26+ years old. It is registered with the Registrar of Companies, Gwalior.
Inheart Gases has 1 deal on record (1 secondary share transfer); the latest was in November 2016.
The peers of Inheart Gases by revenue are Green Enviro Gas Private Limited, Nasik Oxygen Company Private Limited, Maa Vaishnavi Acetylene Gas Private Limited, Assortment and Pure Gases Private Limited, Sri Balaji Industrial Gases Private Limited, all in the Chemicals industry (Industrial Gases), with the same principal business activity (manufacture of gas, distribution of gaseous fuels).
Nilesh Kumar Jain was appointed as Director on 08 Aug 2024. Vikas Kumar Jain was appointed as Director on 08 Aug 2024. Nilesh Kumar Jain ceased to be Director on 05 Jun 2019. Inheart Gases has 8 board changes on record in total.
Yes, Inheart Gases is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-17-0015718).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages