MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0033047
Macwel Modular Concepts Private Limited
Macwel Modular Concepts Private Limited - healthcare in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.2 Cr
▲ 199% YoY
Net profit · FY 2023
₹9.6 Lakh
Net margin 2.3%
EBITDA · FY 2023
₹14.05 Lakh
EBITDA margin 3.3%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹20 Lakh
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
4
Provident fund records
About Macwel Modular Concepts Private Limited
Data last updated:
Macwel Modular Concepts Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 16 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36103GJ2012PTC071151. Its GSTIN is 24AAICM3986A2ZI (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vatsal Hiteshbhai Katelia and Ila Katelia Hiteshbhai.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Vadodara, Gujarat.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.2 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹9.6 Lakh (net margin 2.3%) and EBITDA of ₹14.05 Lakh (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 33% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh on record.
Macwel Modular Concepts Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0033047). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U36103GJ2012PTC071151
Registration Number 071151
Incorporation Date 16 July 2012
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-24-0033047
Recognitions & Rankings of Macwel Modular Concepts
Contact details
Macwel Modular Concepts Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressShed No.3 Opp.Aspen Honda, Sokhada Road, Vadodara, Gujarat, India – 391750
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Macwel Modular Concepts Private Limited, buy the company report.
Comprehensive company report
Macwel Modular Concepts 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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Secure checkout · GST invoice included
Business activity
The main business activity of Macwel Modular Concepts is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Macwel Modular Concepts Private Limited, buy the company report.
Financials of Macwel Modular Concepts Private Limited
FY 2023 filings availableMacwel Modular Concepts Private Limited reported revenue of ₹4.2 Cr (up 199% YoY) for FY 2023.
Revenue · FY 2023
₹4.2 Cr ▲ 199%
Net profit · FY 2023
₹9.6 Lakh margin 2.3%
EBITDA · FY 2023
₹14.05 Lakh margin 3.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 199%
3 years · compounded
▲ 31%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 19%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 199% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹14.05 Lakh | ||||
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| Net Profit (PAT) | ₹9.6 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 2.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Macwel Modular Concepts Private Limited, buy the company report.
Board of directors of Macwel Modular Concepts Private Limited
Macwel Modular Concepts has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vatsal Hiteshbhai Katelia | Director | 26 Jul 2023 | 3 Years 3 Months | Current |
| Ila Katelia Hiteshbhai | Additional Director | 15 Jul 2024 | 2 Years 3 Months | Current |
Shareholding
The shareholding of Macwel Modular Concepts Private Limited is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Macwel Modular Concepts Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2015 | 10607810 | Shree Bharat Co-Operative Bank Ltd | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Macwel Modular Concepts 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 Macwel Modular Concepts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Macwel Modular Concepts Private Limited has a workforce of 4 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
4
Active EPFO establishments
1
Employee growth
100%
GST
Macwel Modular Concepts has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM3986A2ZI | Gujarat | Active | 21 Mar 2019 |
To see the full GST registrations and return filing status of Macwel Modular Concepts Private Limited, buy the company report.
Recent activity
Macwel Modular Concepts Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Ila Katelia Hiteshbhai was appointed as Additional Director on 15 Jul 2024.
Appointed
Ila Katelia Hiteshbhai was appointed as Additional Director.
AGM
Macwel Modular Concepts Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Vatsal Hiteshbhai Katelia ceased to be Additional Director.
Appointed
Vatsal Hiteshbhai Katelia was appointed as Director.
Filing
Macwel Modular Concepts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Ila Katelia Hiteshbhai ceased to be Director.
Ceased
Arvindbhai Bhagvanbhai Kachhela ceased to be Additional Director.
Ceased
Rajan Dilipsinh Zala ceased to be Additional Director.
Ceased
Narmada Kateliya ceased to be Director.
Charges
A charge with Shree Bharat Co-Operative Bank Ltd amounted to Rs. 20.00 Lakh with Charge ID 10607810 was registered on 28 Oct 2015.
Incorporation
16 Jul 2012
Macwel Modular Concepts Private Limited was registered on 16 Jul 2012 with Roc Ahmedabad & aged 14 years 3 months as per MCA records.
Frequently asked questions
Macwel Modular Concepts is an active private limited company based in Vadodara, Gujarat, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 16 July 2012 (14+ years old) and is registered under CIN U36103GJ2012PTC071151.
Macwel Modular Concepts has 2 current directors:
- Vatsal Hiteshbhai Katelia - Director
- Ila Katelia Hiteshbhai - Additional Director
The latest financial statements of Macwel Modular Concepts on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Macwel Modular Concepts is 24AAICM3986A2ZI, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Macwel Modular Concepts is U36103GJ2012PTC071151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Macwel Modular Concepts was incorporated on 16 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ila Katelia Hiteshbhai was appointed as Additional Director on 15 Jul 2024. Vatsal Hiteshbhai Katelia ceased to be Additional Director on 29 Sep 2023. Vatsal Hiteshbhai Katelia was appointed as Director on 26 Jul 2023. Macwel Modular Concepts has 7 board changes on record in total.
Yes, Macwel Modular Concepts is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0033047).
The registered office of Macwel Modular Concepts is at Shed No.3 Opp.Aspen Honda, Sokhada Road, Vadodara, Gujarat, India – 391750.
Macwel Modular Concepts operates in the healthcare industry, in the medical and laboratory equipment segment.
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