MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0127394
JVD Mettle Innovations Private Limited - healthcare in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.9 Cr
▲ 62% YoY
Net profit · FY 2024
₹16.44 Lakh
Net margin 5.7%
EBITDA · FY 2024
₹29.73 Lakh
EBITDA margin 10.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹38 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About JVD Mettle Innovations Private Limited
Data last updated:
JVD Mettle Innovations Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 23 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U52609PN2019PTC184330. Its GSTIN is 27AAECJ5584H1Z8 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vrushali Mukund Deshpande and Jagdish Vasantrao Deshpande.
Its last annual general meeting (AGM) was held on 04 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 08 Goodwill House 6/1 Erandawane Padale Palace, Pune, Maharashtra, India – 411004.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.9 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹16.44 Lakh (net margin 5.7%) and EBITDA of ₹29.73 Lakh (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 131% over three years.
As per MCA filings, the company has open charges of ₹38 Lakh on record.
JVD Mettle Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0127394). For more details, the company can be reached via its website mettleinnovations.in.
Company details
CIN U52609PN2019PTC184330
Registration Number 184330
Incorporation Date 23 May 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 04 November 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0127394
Key People
Vrushali Mukund Deshpande Director Jagdish Vasantrao Deshpande Director Mukund Jagdish Deshpande Director Recognitions & Rankings of JVD Mettle Innovations
Contact details
JVD Mettle Innovations Private Limited's registered office is in Pune, Maharashtra. Its website is mettleinnovations.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address08 Goodwill House 6/1 Erandawane Padale Palace, Pune, Maharashtra, India – 411004
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of JVD Mettle Innovations Private Limited, buy the company report.
Comprehensive company report
JVD Mettle Innovations 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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Business activity
The main business activity of JVD Mettle Innovations 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 JVD Mettle Innovations Private Limited, buy the company report.
Financials of JVD Mettle Innovations Private Limited
FY 2025 filings availableJVD Mettle Innovations Private Limited reported revenue of ₹2.9 Cr (up 62% YoY) for FY 2024.
Revenue · FY 2024
₹2.9 Cr ▲ 62%
Net profit · FY 2024
₹16.44 Lakh margin 5.7%
EBITDA · FY 2024
₹29.73 Lakh margin 10.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 131%
EBITDA CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 262%
Revenue has grown at a compounded annual rate (CAGR) of 131% over three years, including 62% growth in the latest year. EBITDA rose 45% 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 | ₹29.73 Lakh | ||||
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| Net Profit (PAT) | ₹16.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | ||||
| Net Profit Margin | 5.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of JVD Mettle Innovations Private Limited, buy the company report.
Board of directors of JVD Mettle Innovations Private Limited
JVD Mettle Innovations has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vrushali Mukund Deshpande | Director | 23 May 2019 | 7 Years 5 Months | Current |
| Jagdish Vasantrao Deshpande Also directs: JVD Associates LLP, Jayashri Jagdish Foundation | Director | 23 May 2019 | 7 Years 5 Months | Current |
| Mukund Jagdish Deshpande Also directs: Svatva Studios Private Limited, JVD Associates LLP, Anugram Technologies Private Limited and 3 more | Director | 23 May 2019 | 7 Years 5 Months | Current |
Auditor
JVD Mettle Innovations Private Limited is audited by M.R.MATE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.R.MATE & ASSOCIATES | FY 2023 | 037186 |
Shareholding
The shareholding of JVD Mettle Innovations Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of JVD Mettle Innovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹38 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Mar 2023 | 100717064 | Bank of India | ₹38 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving JVD Mettle Innovations 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 JVD Mettle Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JVD Mettle Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECJ5584H1Z8 | Maharashtra | Active | 31 Oct 2019 |
To see the full GST registrations and return filing status of JVD Mettle Innovations Private Limited, buy the company report.
Recent activity
JVD Mettle Innovations Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Jagdish Vasantrao Deshpande was appointed as Director on 23 May 2019.
AGM
Jvd Mettle Innovations Private Limited last Annual general meeting of members was held on 04 Nov 2025 as per latest MCA records.
Filing
Jvd Mettle Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Bank Of India amounted to Rs. 38.00 Lakh with Charge ID 100717064 was registered on 15 Mar 2023.
Appointed
Jagdish Vasantrao Deshpande was appointed as Director.
Appointed
Mukund Jagdish Deshpande was appointed as Director.
Appointed
Vrushali Mukund Deshpande was appointed as Director.
Incorporation
23 May 2019
Jvd Mettle Innovations Private Limited was registered on 23 May 2019 with Roc Pune & aged 7 years 5 months as per MCA records.
Frequently asked questions
JVD Mettle Innovations is an active private limited company based in Pune, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 23 May 2019 (7+ years old) and is registered under CIN U52609PN2019PTC184330.
JVD Mettle Innovations has 3 current directors:
- Vrushali Mukund Deshpande - Director
- Jagdish Vasantrao Deshpande - Director
- Mukund Jagdish Deshpande - Director
The latest financial statements of JVD Mettle Innovations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 November 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of JVD Mettle Innovations is 27AAECJ5584H1Z8, registered in Maharashtra.
The CIN (Corporate Identification Number) of JVD Mettle Innovations is U52609PN2019PTC184330. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JVD Mettle Innovations was incorporated on 23 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Jagdish Vasantrao Deshpande was appointed as Director on 23 May 2019. Mukund Jagdish Deshpande was appointed as Director on 23 May 2019. Vrushali Mukund Deshpande was appointed as Director on 23 May 2019.
Yes, JVD Mettle Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0127394).
JVD Mettle Innovations can be reached through the website mettleinnovations.in. Its registered office is in Pune, Maharashtra, India.
The registered office of JVD Mettle Innovations is at 08 Goodwill House 61 Erandawane Padale Palace, Pune, Maharashtra, India – 411004.
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