MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0026865
Makewell Inducto Cast Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.86 Cr
▼ 14% YoY
Net loss · FY 2024
₹1.36 Lakh
Net margin -0.1%
EBITDA · FY 2024
₹1.95 Cr
EBITDA margin 8.9%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹2.25 Cr
Issued & subscribed
Open charges
₹22.57 Cr
Satisfied ₹7.1 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
86
Provident fund records
About Makewell Inducto Cast Private Limited
Data last updated:
Makewell Inducto Cast Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 29 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ2004PTC045222. Its GSTIN is 24AAECM3061C1Z1 (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.25 Cr. It is led by directors Ramusingh Bhadoriya Shivsingh and Seema Devi Bhadoria Ramu Singh.
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 Plot No.510 Phase – II Road No.13 Kathwada G.I.D.C., Ahmedabad, Gujarat, India – 382430.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.86 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.36 Lakh (net margin -0.1%) and EBITDA of ₹1.95 Cr (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
The company has about 86 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.57 Cr and satisfied charges of ₹7.1 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Makewell Inducto Cast Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0026865). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website makewellcasting.com.
Company details
CIN U27100GJ2004PTC045222
Registration Number 045222
Incorporation Date 29 December 2004
ROC Ahmedabad
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-GJ-01-0026865
Recognitions & Rankings of Makewell Inducto Cast
Contact details
Makewell Inducto Cast Private Limited's registered office is in Ahmedabad, Gujarat. Its website is makewellcasting.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No.510 Phase – II Road No.13 Kathwada G.I.D.C., Ahmedabad, Gujarat, India – 382430
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Makewell Inducto Cast Private Limited, buy the company report.
Comprehensive company report
Makewell Inducto Cast 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 Makewell Inducto Cast 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 Makewell Inducto Cast Private Limited, buy the company report.
Financials of Makewell Inducto Cast Private Limited
FY 2024 filings availableMakewell Inducto Cast Private Limited reported revenue of ₹21.86 Cr (down 14% YoY) for FY 2024.
Revenue · FY 2024
₹21.86 Cr ▼ 14%
Net loss · FY 2024
₹1.36 Lakh margin -0.1%
EBITDA · FY 2024
₹1.95 Cr margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 10%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▼ 1%
5 years · compounded
▼ 1%
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 5% 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 | ₹1.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.36 Lakh | ||||
| 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 | 8.9% | ||||
| Net Profit Margin | -0.1% | ||||
| 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 Makewell Inducto Cast Private Limited, buy the company report.
Board of directors of Makewell Inducto Cast Private Limited
Makewell Inducto Cast has 2 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 |
|---|---|---|---|---|
| Ramusingh Bhadoriya Shivsingh Also directs: Makewell Metal & Alloys Private Limited | Director | 01 Sep 2005 | 21 Years 2 Months | Current |
| Seema Devi Bhadoria Ramu Singh Also directs: Makewell Metal & Alloys Private Limited | Director | 23 Aug 2007 | 19 Years 2 Months | Current |
Peer comparison
Makewell Inducto Cast Private Limited is compared with the 9 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Alchemy Precision Cast Private Limited | ₹22.21 Cr (FY 2024) | 71.0% | Pune, Maharashtra, India | |||
| Duccan Alloy Castings (I) Private Limited | ₹22.03 Cr (FY 2024) | 49.0% | Hyderabad, Telangana, India | |||
| Mahalaxmi Reshellers Private Limited | ₹22.02 Cr (FY 2024) | -24.0% | Kolhapur, Maharashtra, India | |||
| Dee Dee Steel Castings Private Limited | ₹21.94 Cr (FY 2024) | 10.0% | Punjab, India | |||
| Makewell Inducto Cast Private Limitedthis company | ₹21.86 Cr (FY 2024) | -₹1.36 Lakh | -0.1% | -14.0% | 86 | Ahmedabad, Gujarat, India |
| Zastraka Iron Castings Private Limited | ₹21.82 Cr (FY 2025) | 1508.0% | Mysore, Karnataka, India | |||
| Shree Uma Foundries Pvt Ltd | ₹21.81 Cr (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Mahajan Steel Rollings Mills Private Limited | ₹21.69 Cr (FY 2018) | -12.0% | Punjab, India | |||
| Texspin Smith Tech Private Limited | ₹21.68 Cr (FY 2025) | 95.0% | Ahmedabad, Gujarat, India | |||
| Moulik Technocast Private Limited | ₹21.59 Cr (FY 2024) | 41.0% | Jalandhar, Punjab, India |
To see the full peer comparison of Makewell Inducto Cast Private Limited, buy the company report.
Auditor
Makewell Inducto Cast Private Limited is audited by PIYUSH J SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PIYUSH J SHAH & CO. | FY 2023 | 121172W |
Shareholding
The shareholding of Makewell Inducto Cast 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Makewell Inducto Cast Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.57 Cr
Satisfied charges
₹7.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2025 | 101132965 | Hdfc Bank Limited | ₹12.87 Cr | Open | |
| 21 Nov 2022 | 100646406 | Others | ₹40 Lakh | Open | |
| 20 Sep 2020 | 100391319 | Others | ₹1.2 Cr | Open | |
| 01 Jan 2020 | 100316257 | Others | ₹23.15 Lakh | Open | |
| 17 Oct 2019 | 100307450 | Others | ₹6 Lakh | Open |
To see the full charge records of Makewell Inducto Cast Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Makewell Inducto Cast Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Total cases
3
Filed against the company
3
Pending
2
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Westend Foundry Private Limited Estate | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company | Disposed |
To see the full case history of Makewell Inducto Cast 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
Makewell Inducto Cast Private Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 13 overdue payments to 11 micro and small suppliers. 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 (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Lotus Laxmi Spherocast |
To see the full MSME payment records of Makewell Inducto Cast Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Makewell Inducto Cast Private Limited has a workforce of 86 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
Employee count
86
Active EPFO establishments
1
Employee growth
4.88%
GST
Makewell Inducto Cast has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM3061C1Z1 | Gujarat | Active | 01 Jul 2017 |
| 24AAECM3061C1DA | Gujarat | Active | 25 Oct 2024 |
To see the full GST registrations and return filing status of Makewell Inducto Cast Private Limited, buy the company report.
Recent activity
Makewell Inducto Cast Private Limited has 4 board changes on record since 2005: 2 appointments and 2 cessations. The latest: Manish Vasantray Mehta ceased to be Director on 29 Aug 2007.
Charges
A charge with Others of Rs. 0.40 Cr registered on 21 Nov 2022 with Charge ID 100646406 was modified on 03 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.87 Cr with Charge ID 101132965 was registered on 31 Jul 2025.
AGM
Makewell Inducto Cast Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Makewell Inducto Cast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 18 May 2020 via Charge ID 100336534 with Sidbi was fully satisfied on 31 May 2023.
Charges
A charge registered on 18 Aug 2017 via Charge ID 100117957 with Sidbi was fully satisfied on 31 May 2023.
Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100646406 was registered on 21 Nov 2022.
Charges
A charge with Others of Rs. 1.20 Cr registered on 20 Sep 2020 with Charge ID 100391319 was modified on 13 Nov 2020.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100391319 was registered on 20 Sep 2020.
Charges
A charge with Sidbi amounted to Rs. 0.19 Cr with Charge ID 100336534 was registered on 18 May 2020.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100316257 was registered on 01 Jan 2020.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100307450 was registered on 17 Oct 2019.
12 earlier events are in the company report.
Frequently asked questions
Makewell Inducto Cast is an active private limited company based in Ahmedabad, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 29 December 2004 (22+ years old) and is registered under CIN U27100GJ2004PTC045222.
Makewell Inducto Cast has 2 current directors:
- Ramusingh Bhadoriya Shivsingh - Director
- Seema Devi Bhadoria Ramu Singh - Director
The latest financial statements of Makewell Inducto Cast 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 Makewell Inducto Cast is 24AAECM3061C1Z1, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAECM3061C1DA (Gujarat).
The CIN (Corporate Identification Number) of Makewell Inducto Cast is U27100GJ2004PTC045222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Makewell Inducto Cast has 3 court cases on record: 3 filed against it. 2 are pending.
Makewell Inducto Cast was incorporated on 29 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Makewell Inducto Cast by revenue are Alchemy Precision Cast Private Limited, Duccan Alloy Castings (I) Private Limited, Mahalaxmi Reshellers Private Limited, Dee Dee Steel Castings Private Limited, Zastraka Iron Castings Private Limited and 4 more, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Manish Vasantray Mehta ceased to be Director on 29 Aug 2007. Viren Mukundray Patel ceased to be Director on 29 Aug 2007. Seema Devi Bhadoria Ramu Singh was appointed as Director on 23 Aug 2007. Makewell Inducto Cast has 4 board changes on record in total.
Yes, Makewell Inducto Cast is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0026865).
Makewell Inducto Cast has 2 MSME Form 1 returns on record between 2021 and 2022, listing 13 overdue payments to 11 micro and small suppliers. The latest return was filed on 03 May 2022.
Makewell Inducto Cast can be reached through the website makewellcasting.com. Its registered office is in Ahmedabad, Gujarat, India.
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