About Mech-Well Industries Limited
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Mech-Well Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the engineering sector. It was incorporated on 03 October 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28100MH1997PLC111040. Its GSTIN is 27AAACM9723H1ZC (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.53 Cr. It was formerly known as Mech-Well Industries Private Limited. It is led by directors including Sanjay Rasiklal Shah (Whole-Time Director) and Bhairavi Sanjay Shah.
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 7 – A Old Anjirwadithakkar Indl Estate Mazgaon, Mumbai, Maharashtra, India – 400010.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.68 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹6.43 Cr (net margin 9.6%) and EBITDA of ₹13.93 Cr (EBITDA margin 20.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 14% over five years.
The company has about 176 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹76.44 Cr and satisfied charges of ₹65.19 Cr on record. The company has 3 deals on record (3 secondary share transfers); the latest was in August 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mechwell.org.
Company details
CIN history
Mech-Well Industries has one previous CIN (Corporate Identification Number): U28100MH1997PTC111040. The current CIN is U28100MH1997PLC111040, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28100MH1997PLC111040 | Current |
| U28100MH1997PTC111040 | Previous |
Contact details
Mech-Well Industries Limited's registered office is in Mumbai, Maharashtra. Its website is mechwell.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7 – A Old Anjirwadithakkar Indl Estate Mazgaon, Mumbai, Maharashtra, India – 400010
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Mech-Well Industries 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
Business activity
The main business activity of Mech-Well Industries is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mech-Well Industries Limited, buy the company report.
Financials of Mech-Well Industries Limited
FY 2025 filings availableMech-Well Industries Limited reported revenue of ₹66.68 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 3% growth in the latest year. EBITDA rose 31% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹13.93 Cr | ||||
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| Net Profit (PAT) | ₹6.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.9% | ||||
| Net Profit Margin | 9.6% | ||||
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To see the full financial statements and ratios of Mech-Well Industries Limited, buy the company report.
Board of directors of Mech-Well Industries Limited
Mech-Well Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Rasiklal Shah | Whole-Time Director | 03 Oct 1997 | 29 Years 1 Months | Current |
| Bhairavi Sanjay Shah Also directs: Yeterlik Energy LLP, Ivian Engineering Private Limited | Director | 28 Jun 2022 | 4 Years 4 Months | Current |
| Dhruv Shah | Director | 15 Jun 2023 | 3 Years 4 Months | Current |
Auditor
Mech-Well Industries Limited is audited by AMD & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMD & CO | FY 2022 | 130247W |
Shareholding
The shareholding of Mech-Well Industries 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 Mech-Well Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2024 | 100941705 | Axis Bank Limited | ₹29 Lakh | Open | |
| 16 Apr 2024 | 100934095 | Axis Bank Limited | ₹29 Lakh | Open | |
| 28 Jan 2022 | 100537318 | Hdfc Bank Limited | ₹75.86 Cr | Open | |
| 19 May 2022 | 100577591 | Sidbi | ₹45 Lakh | Satisfied | |
| 21 Sep 2018 | 100204809 | Sidbi | ₹1.75 Cr | Satisfied |
To see the full charge records of Mech-Well Industries Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
Mech-Well Industries Limited has 3 deals on record (3 secondary share transfers); the latest was in August 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Secondary share transfer | Undisclosed | Seller: Shreyas Rasiklal Shah - HUF, 2 individuals |
| Aug 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Rasiklal Mohanlal Shah - HUF, 2 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 Mech-Well Industries 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 Mech-Well Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Mech-Well Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Admiring Investments Private Limited | U65991MH2007PTC169767 |
To see the full group structure of Mech-Well Industries Limited, buy the company report.
Employees & EPFO
Mech-Well Industries Limited has a workforce of 176 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mech-Well Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM9723H1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mech-Well Industries Limited, buy the company report.
Recent activity
Mech-Well Industries Limited has 13 board changes on record since 1997: 8 appointments and 5 cessations. The latest: Dhruv Shah was appointed as Director on 15 Jun 2023.
81 earlier events are in the company report.
Frequently asked questions
Mech-Well Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in the engineering industry. It was incorporated on 03 October 1997 (29+ years old) and is registered under CIN U28100MH1997PLC111040.
Mech-Well Industries has 3 current directors:
- Sanjay Rasiklal Shah - Whole-Time Director
- Bhairavi Sanjay Shah - Director
- Dhruv Shah - Director
The latest financial statements of Mech-Well Industries 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 Mech-Well Industries is 27AAACM9723H1ZC, registered in Maharashtra. 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 Mech-Well Industries is U28100MH1997PLC111040. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mech-Well Industries was incorporated on 03 October 1997, making it 29+ years old. It is registered with the Registrar of Companies, Mumbai.
Mech-Well Industries has 3 deals on record (3 secondary share transfers); the latest was in August 2023.
Dhruv Shah was appointed as Director on 15 Jun 2023. Minal Madhukar Surve ceased to be Director on 15 Jun 2023. Shreyas Rasiklal Shah ceased to be Whole-Time Director on 15 Jun 2023. Mech-Well Industries has 13 board changes on record in total.
Mech-Well Industries can be reached through the website mechwell.org. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mech-Well Industries is at 7 – A Old Anjirwadithakkar Indl Estate Mazgaon, Mumbai, Maharashtra, India – 400010.
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