
About MDS Acetylene Private Limited
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MDS Acetylene Private Limited is a private limited company based in Gandhidham, Gujarat, India. It operates in the industrial and specialty gases segment of the chemicals and materials sector. It was incorporated on 21 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50500GJ2007PTC050888. Its GSTIN is 24AAFCM8991A1ZF (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹17.1 Lakh. It was formerly known as Mds Lubricants Private Limited. It is led by directors including Mohanlal Ramavtar Goyal and Hemlata Devendra Goyal.
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 Mds Enclave Plot No. 311 Ward – 12/B, Gandhidham, Gujarat, India – 370201.
As per MCA filings, the company has open charges of ₹85 Lakh on record. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹63.5 Lakh; the latest was in May 2010.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mdsgroup.co.in.
Company details
Contact details
MDS Acetylene Private Limited's registered office is in Gandhidham, Gujarat. Its website is mdsgroup.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressMds Enclave Plot No. 311 Ward – 12/B, Gandhidham, Gujarat, India – 370201
- IndustryChemicals and Materials, Industrial & Specialty Gases
To see the full contact details of MDS Acetylene Private Limited, buy the company report.
- 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
Financials of MDS Acetylene Private Limited
FY 2024 filings availableMDS Acetylene Private Limited reported revenue of ₹2,783 (down 26% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 70% over five years, including a 26% fall 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
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To see the full financial statements and ratios of MDS Acetylene Private Limited, buy the company report.
Board of directors of MDS Acetylene Private Limited
MDS Acetylene has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanlal Ramavtar Goyal Also directs: MDS Chemicals & Solvents LLP, Kutch Foods Private Limited, Airtech Cryogenic Gases Private Limited and 4 more | Director | 20 Dec 2021 | 4 Years 10 Months | Current |
| Hemlata Devendra Goyal Also directs: MDS Lubricant Private Limited, Umesh Technomech Private Limited, MDS Gases Private Limited and 2 more | Director | 25 May 2018 | 8 Years 5 Months | Current |
| Sumit Mohanlal Goyal Also directs: MDS Chemicals & Solvents LLP, MDS Lubricant Private Limited, Umesh Technomech Private Limited and 5 more | Director | 21 May 2007 | 19 Years 5 Months | Current |
| Devendra Mohanlal Goyal Also directs: Kutch Foods Private Limited, Airtech Cryogenic Gases Private Limited, MDS Lubricant Private Limited and 3 more | Director | 20 Dec 2021 | 4 Years 10 Months | Current |
Auditor
MDS Acetylene Private Limited is audited by Hitendra Agarwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Hitendra Agarwal & Co. | FY 2023 | 139925W |
Shareholding
The shareholding of MDS Acetylene 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.
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To see the full shareholding pattern of MDS Acetylene Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2009 | 10163981 | State Bank of India | ₹85 Lakh | Open |
Total charge records: 1 View all charges
Deals & funding
MDS Acetylene Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹63.5 Lakh; the latest was in May 2010.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Umesh Technomech Private Limited , MDS Gases Private Limited , MDS Air Products Private Limited Seller: Raman Traders |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Raman Traders, Umesh Technomech Private Limited , MDS Air Products Private Limited Seller: Amar Commercial Private Limited , Zenith Medicine Private Limited , Gurukul Vinimay Private Limited |
| Aug 2009 | Funding round | ₹29.5 Lakh | Investors: Gurukul Vinimay Private Limited , Amar Commercial Private Limited , Red Hot Mercantile Private Limited |
| Mar 2009 | Funding round | ₹34 Lakh | Investors: Zenith Medicine Private Limited , 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving MDS Acetylene 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 MDS Acetylene Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MDS Acetylene has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM8991A1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MDS Acetylene Private Limited, buy the company report.
Recent activity
MDS Acetylene Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Devendra Mohanlal Goyal was appointed as Director on 20 Dec 2021.
Frequently asked questions
MDS Acetylene is an active private limited company based in Gandhidham, Gujarat, India. The company works in industrial and specialty gases, within the chemicals and materials industry. It was incorporated on 21 May 2007 (19+ years old) and is registered under CIN U50500GJ2007PTC050888.
MDS Acetylene has 4 current directors:
- Mohanlal Ramavtar Goyal - Director
- Hemlata Devendra Goyal - Director
- Sumit Mohanlal Goyal - Director
- Devendra Mohanlal Goyal - Director
The latest financial statements of MDS Acetylene 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 MDS Acetylene is 24AAFCM8991A1ZF, registered in Gujarat.
The CIN (Corporate Identification Number) of MDS Acetylene is U50500GJ2007PTC050888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MDS Acetylene was incorporated on 21 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
MDS Acetylene has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹63.5 Lakh; the latest was in May 2010.
Devendra Mohanlal Goyal was appointed as Director on 20 Dec 2021. Mohanlal Ramavtar Goyal was appointed as Director on 20 Dec 2021. Hemlata Devendra Goyal was appointed as Director on 25 May 2018. MDS Acetylene has 4 board changes on record in total.
MDS Acetylene can be reached through the website mdsgroup.co.in. Its registered office is in Gandhidham, Gujarat, India.
The registered office of MDS Acetylene is at Mds Enclave Plot No. 311 Ward – 12B, Gandhidham, Gujarat, India – 370201.

