MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0007249
Mascot Electrotek Private Limited - machinery and equipment in Veraval, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.56 Cr
▲ 62% YoY
Net profit · FY 2024
₹7.06 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹64.46 Lakh
EBITDA margin 4.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Open charges
₹8.88 Cr
Satisfied ₹27.59 Lakh
Company age
30 yrs
Est. 1996
Directors on board
4
As per MCA filings
About Mascot Electrotek Private Limited
Data last updated:
Mascot Electrotek Private Limited is a private limited company based in Veraval, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70711GJ1996PTC030541. Its GSTIN is 24AABCM4416A1Z7 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors including Vinod Arjanbhai Ramani and Dineshbhai Parshotambhai Dudhat.
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 Survey No. 237/4A B/H. Vikas Stove, Veraval, Gujarat, India – 360024.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.56 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹7.06 Lakh (net margin 0.5%) and EBITDA of ₹64.46 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 33% over five years.
As per MCA filings, the company has open charges of ₹8.88 Cr and satisfied charges of ₹27.59 Lakh on record.
Mascot Electrotek Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0007249). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mascotelectrotek.in.
Company details
CIN U70711GJ1996PTC030541
Registration Number 030541
Incorporation Date 23 August 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0007249
Key People
Vinod Arjanbhai Ramani Director Dineshbhai Parshotambhai Dudhat Director Manishbhai Narotambhai Virdiya Director Recognitions & Rankings of Mascot Electrotek
Contact details
Mascot Electrotek Private Limited's registered office is in Veraval, Gujarat. Its website is mascotelectrotek.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No. 237/4A B/H. Vikas Stove, Veraval, Gujarat, India – 360024
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Mascot Electrotek Private Limited, buy the company report.
Comprehensive company report
Mascot Electrotek 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 Mascot Electrotek is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Mascot Electrotek Private Limited, buy the company report.
Financials of Mascot Electrotek Private Limited
FY 2025 filings availableMascot Electrotek Private Limited reported revenue of ₹15.56 Cr (up 62% YoY) for FY 2024.
Revenue · FY 2024
₹15.56 Cr ▲ 62%
Net profit · FY 2024
₹7.06 Lakh margin 0.5%
EBITDA · FY 2024
₹64.46 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 44%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 404%
3 years · compounded
▲ 115%
5 years · compounded
▲ 65%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 62% growth in the latest year. EBITDA rose 404% 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 | ₹64.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.06 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 | |||||
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| 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 | 4.1% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 Mascot Electrotek Private Limited, buy the company report.
Board of directors of Mascot Electrotek Private Limited
Mascot Electrotek has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Arjanbhai Ramani | Director | 23 Aug 1996 | 30 Years 2 Months | Current |
| Dineshbhai Parshotambhai Dudhat | Director | 04 Aug 2014 | 12 Years 3 Months | Current |
| Manishbhai Narotambhai Virdiya | Director | 04 Aug 2014 | 12 Years 3 Months | Current |
| Mukeshbhai Parsottambhai Dudhat | Director | 04 Aug 2014 | 12 Years 3 Months | Current |
Auditor
Mascot Electrotek Private Limited is audited by VEKARIYA BABARIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEKARIYA BABARIYA & ASSOCIATES | FY 2023 | 133839W |
Shareholding
The shareholding of Mascot Electrotek 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 Mascot Electrotek Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.88 Cr
Satisfied charges
₹27.59 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2024 | 100957984 | Hdfc Bank Limited | ₹10.36 Lakh | Open | |
| 08 Sep 2012 | 10374957 | Hdfc Bank Limited | ₹8.78 Cr | Open | |
| 15 Dec 2008 | 10137895 | Rajkot District Co-Operative Bank Limited | ₹10 Lakh | Satisfied | |
| 29 Sep 2003 | 90110623 | Rajkot District Co-Op Bank Ltd | ₹3.75 Lakh | Satisfied | |
| 05 Sep 1998 | 90107711 | Rajkot District Co-Op Bank Ltd | ₹6.92 Lakh | Satisfied |
To see the full charge records of Mascot Electrotek Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Mascot Electrotek 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
Mascot Electrotek Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Janatics India Private Limited | |||
| an individual supplier | |||
| Galaxy Chains Private Limited |
To see the full MSME payment records of Mascot Electrotek Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Mascot Electrotek has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM4416A1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mascot Electrotek Private Limited, buy the company report.
Recent activity
Mascot Electrotek Private Limited has 7 board changes on record since 1996: 4 appointments and 3 cessations. The latest: Dineshbhai Parshotambhai Dudhat was appointed as Director on 04 Aug 2014.
AGM
Mascot Electrotek Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 877.50 Lakh registered on 08 Sep 2012 with Charge ID 10374957 was modified on 21 Jul 2025.
Filing
Mascot Electrotek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.36 Lakh with Charge ID 100957984 was registered on 03 Aug 2024.
Appointed
Dineshbhai Parshotambhai Dudhat was appointed as Director.
Appointed
Manishbhai Narotambhai Virdiya was appointed as Director.
Appointed
Mukeshbhai Parsottambhai Dudhat was appointed as Director.
Ceased
Thakarshibhai Vallabhbhai Thumar ceased to be Director.
Charges
A charge registered on 15 Dec 2008 via Charge ID 10137895 with Rajkot District Co-Operative Bank Limited was fully satisfied on 24 Sep 2012.
Charges
A charge registered on 29 Sep 2003 via Charge ID 90110623 with Rajkot District Co-Op Bank Ltd was fully satisfied on 24 Sep 2012.
Charges
A charge registered on 05 Sep 1998 via Charge ID 90107711 with Rajkot District Co-Op Bank Ltd was fully satisfied on 24 Sep 2012.
Charges
A charge registered on 20 Jul 1998 via Charge ID 90109828 with Rajkot District Co-Op Bank Ltd was fully satisfied on 24 Sep 2012.
9 earlier events are in the company report.
Frequently asked questions
Mascot Electrotek is an active private limited company based in Veraval, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 August 1996 (30+ years old) and is registered under CIN U70711GJ1996PTC030541.
Mascot Electrotek has 4 current directors:
- Vinod Arjanbhai Ramani - Director
- Dineshbhai Parshotambhai Dudhat - Director
- Manishbhai Narotambhai Virdiya - Director
- Mukeshbhai Parsottambhai Dudhat - Director
The latest financial statements of Mascot Electrotek 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 Mascot Electrotek is 24AABCM4416A1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Mascot Electrotek is U70711GJ1996PTC030541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mascot Electrotek was incorporated on 23 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dineshbhai Parshotambhai Dudhat was appointed as Director on 04 Aug 2014. Manishbhai Narotambhai Virdiya was appointed as Director on 04 Aug 2014. Mukeshbhai Parsottambhai Dudhat was appointed as Director on 04 Aug 2014. Mascot Electrotek has 7 board changes on record in total.
Yes, Mascot Electrotek is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0007249).
Mascot Electrotek has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Mascot Electrotek can be reached through the website mascotelectrotek.in. Its registered office is in Veraval, Gujarat, India.
The registered office of Mascot Electrotek is at Survey No. 2374A BH. Vikas Stove, Veraval, Gujarat, India – 360024.
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