MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-17-0085993
M. Bafna Technovations Private Limited
M. Bafna Technovations Private Limited - manufacturing in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹49.88 Cr
▲ 15% YoY
Net profit · FY 2024
₹32.62 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹1.32 Cr
EBITDA margin 2.6%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹12.38 Cr
Satisfied ₹1.95 Cr
Company age
35 yrs
Est. 1991
Directors on board
4
As per MCA filings
About M. Bafna Technovations Private Limited
Data last updated:
M. Bafna Technovations Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 27 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U74140RJ1991PTC005845. Its GSTIN is 08AAACV8064C1ZD (Rajasthan).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹60 Lakh. It was formerly known as Vimal Cosmetics Pvt Ltd. It is led by directors including Kunal Bafna and Sampat Mal Bafna.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 810 B Road No. 14 Vki Area, Jaipur, Rajasthan, India – 302013.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.88 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹32.62 Lakh (net margin 0.7%) and EBITDA of ₹1.32 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹12.38 Cr and satisfied charges of ₹1.95 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
M. Bafna Technovations Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0085993). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74140RJ1991PTC005845
Registration Number 005845
Incorporation Date 27 February 1991
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-17-0085993
Recognitions & Rankings of M. Bafna Technovations
Contact details
M. Bafna Technovations Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 810 B Road No. 14 Vki Area, Jaipur, Rajasthan, India – 302013
- IndustryManufacturing, Cable & Wire
To see the full contact details of M. Bafna Technovations Private Limited, buy the company report.
Comprehensive company report
M. Bafna Technovations 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 M. Bafna Technovations 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 M. Bafna Technovations Private Limited, buy the company report.
Financials of M. Bafna Technovations Private Limited
FY 2024 filings availableM. Bafna Technovations Private Limited reported revenue of ₹49.88 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹49.88 Cr ▲ 15%
Net profit · FY 2024
₹32.62 Lakh margin 0.7%
EBITDA · FY 2024
₹1.32 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 25%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 7%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 15% growth in the latest year. EBITDA rose 63% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹32.62 Lakh | ||||
| 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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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 M. Bafna Technovations Private Limited, buy the company report.
Board of directors of M. Bafna Technovations Private Limited
M. Bafna Technovations has 4 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 |
|---|---|---|---|---|
| Kunal Bafna Also directs: Jainex Aamcol Limited, Coventry Metals Rajasthan Private Limited | Director | 30 Sep 2006 | 20 Years 1 Months | Current |
| Sampat Mal Bafna Also directs: Coventry Metals Rajasthan Private Limited | Director | 18 Feb 2008 | 18 Years 8 Months | Current |
| Bharati Bafna Also directs: Jainex Aamcol Limited | Director | 27 Jan 1998 | 28 Years 9 Months | Current |
| Mudit Bafna Also directs: Coventry Metals Rajasthan Private Limited | Director | 01 Apr 2024 | 2 Years 7 Months | Current |
Peer comparison
M. Bafna Technovations Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Cables and Wires, Metals), 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 |
|---|---|---|---|---|---|---|
| Ashirwad Strips Private Limited | ₹50.47 Cr (FY 2025) | -31.0% | Mandi Gobindgarh, Punjab, India | |||
| Salco Extrusions Private Limited | ₹50.37 Cr (FY 2024) | 10.0% | Mumbai, Maharashtra, India | |||
| SRG Metalcrafts (India) Private Limited | ₹50.27 Cr (FY 2025) | 6.0% | Delhi, India | |||
| DRK Metallurgical Private Limited | ₹50.15 Cr (FY 2024) | -50.0% | Kolkata, West Bengal, India | |||
| M. Bafna Technovations Private Limitedthis company | ₹49.88 Cr (FY 2024) | ₹32.62 Lakh | 0.7% | 15.0% | Jaipur, Rajasthan, India | |
| Shri Bhagyodaya Metals Private Limited | ₹49.85 Cr (FY 2025) | 49.0% | Ahmedabad, Gujarat, India | |||
| Umiya Metals Private Limited | ₹49.43 Cr (FY 2025) | -5.0% | Mehsana, Gujarat, India | |||
| Krishna Infrasteel Private Limited | ₹49.22 Cr (FY 2025) | -37.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of M. Bafna Technovations Private Limited, buy the company report.
Auditor
M. Bafna Technovations Private Limited is audited by S.K.SHARMA&ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.K.SHARMA&ASSOCIATES | FY 2023 | 015302C |
Shareholding
The shareholding of M. Bafna Technovations 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 M. Bafna Technovations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.38 Cr
Satisfied charges
₹1.95 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Apr 2024 | 100895808 | Others | ₹15 Lakh | Open | |
| 11 Jul 2023 | 100766483 | Hdfc Bank Limited | ₹6.5 Lakh | Open | |
| 28 Jul 2021 | 100474051 | Others | ₹10 Lakh | Open | |
| 08 Sep 2009 | 10176035 | State Bank of Bikaner and Jaipur | ₹1.89 Lakh | Open | |
| 17 Jul 2009 | 10169917 | State Bank of India | ₹10.76 Cr | Open |
To see the full charge records of M. Bafna Technovations Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
M. Bafna Technovations Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur District, Rajasthan | Civil miscellaneous application | Filed against the company by M/S. Mishra Industries Sikar | Disposed |
| High Court of Rajasthan | Court case (CFA) | Filed against the company by Trafo Power and Electricals Pvt .Ltd. | Disposed |
| High Court of Rajasthan | Court case (CSTAY) | Filed against the company by Trafo Power and Electricals Pvt .Ltd. | Disposed |
| High Court of Rajasthan | Court case (CMCC) | Filed against the company by Trafo Power and Electricals Pvt .Ltd. | Disposed |
To see the full case history of M. Bafna Technovations 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
M. Bafna Technovations Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prem Cables Pvt Ltd |
To see the full MSME payment records of M. Bafna Technovations Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
M. Bafna Technovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACV8064C1ZD | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M. Bafna Technovations Private Limited, buy the company report.
Recent activity
M. Bafna Technovations Private Limited has 6 board changes on record since 1998: 4 appointments and 2 cessations. The latest: Mudit Bafna ceased to be Additional Director on 29 Sep 2024.
Charges
A charge with State Bank Of India of Rs. 1,076.00 Lakh registered on 17 Jul 2009 with Charge ID 10169917 was modified on 26 Jun 2025.
AGM
M. Bafna Technovations Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Mudit Bafna ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 100895808 was registered on 08 Apr 2024.
Appointed
Mudit Bafna was appointed as Director.
Filing
M. Bafna Technovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.50 Lakh with Charge ID 100766483 was registered on 11 Jul 2023.
Charges
A charge with Others amounted to Rs. 10.00 Lakh with Charge ID 100474051 was registered on 28 Jul 2021.
Charges
A charge registered on 11 Dec 2009 via Charge ID 10190532 with State Bank Of Bikaner And Jaipur was fully satisfied on 17 May 2013.
Charges
A charge with State Bank Of Bikaner And Jaipur of Rs. 60.00 Lakh registered on 11 Dec 2009 with Charge ID 10190532 was modified on 01 Feb 2011.
Charges
A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 60.00 Lakh with Charge ID 10190532 was registered on 11 Dec 2009.
Charges
A charge with State Bank Of Bikaner And Jaipur amounted to Rs. 1.89 Lakh with Charge ID 10176035 was registered on 08 Sep 2009.
9 earlier events are in the company report.
Frequently asked questions
M. Bafna Technovations is an active private limited company based in Jaipur, Rajasthan, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 27 February 1991 (35+ years old) and is registered under CIN U74140RJ1991PTC005845.
M. Bafna Technovations has 4 current directors:
- Kunal Bafna - Director
- Sampat Mal Bafna - Director
- Bharati Bafna - Director
- Mudit Bafna - Director
The latest financial statements of M. Bafna Technovations on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of M. Bafna Technovations is 08AAACV8064C1ZD, registered in Rajasthan.
The CIN (Corporate Identification Number) of M. Bafna Technovations is U74140RJ1991PTC005845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M. Bafna Technovations has 4 court cases on record: 4 filed against it. Most are in the high courts.
M. Bafna Technovations was incorporated on 27 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of M. Bafna Technovations by revenue are Ashirwad Strips Private Limited, Salco Extrusions Private Limited, SRG Metalcrafts (India) Private Limited, DRK Metallurgical Private Limited, Shri Bhagyodaya Metals Private Limited and 2 more, all in the Metals and Minerals industry (Cables and Wires, Metals), with the same principal business activity (metal and metal products).
Mudit Bafna ceased to be Additional Director on 29 Sep 2024. Mudit Bafna was appointed as Director on 01 Apr 2024. Sampat Mal Bafna was appointed as Director on 18 Feb 2008. M. Bafna Technovations has 6 board changes on record in total.
Yes, M. Bafna Technovations is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0085993).
M. Bafna Technovations has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.
The registered office of M. Bafna Technovations is at F – 810 B Road No. 14 Vki Area, Jaipur, Rajasthan, India – 302013.
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