Meena Circuits Private Limited

Meena Circuits Private Limited - information technology in Savli, Gujarat, India. FY 2026 financials & compliance.
CIN U31102GJ1996PTC029081 Incorporated 18 March 1996 ROC Ahmedabad HQ Savli, Gujarat, India
Active Private Limited Company information technology MSME · Medium
Revenue · FY 2025
₹39.09 Cr
▼ 19% YoY
Net loss · FY 2025
₹10.29 Cr
Net margin -26.3%
EBITDA · FY 2025
-₹3.98 Cr
EBITDA margin -10.2%
Authorised capital
₹43 Cr
Registered with MCA
Paid-up capital
₹28.62 Cr
Issued & subscribed
Open charges
₹82.31 Cr
Satisfied ₹8.75 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
207
Provident fund records

About Meena Circuits Private Limited

Data last updated:

Meena Circuits Private Limited is a private limited company based in Savli, Gujarat, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 18 March 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31102GJ1996PTC029081. Its GSTIN is 24AABCM3160D1Z2 (Gujarat).

The company has an authorised share capital of ₹43 Cr and a paid-up capital of ₹28.62 Cr. It was formerly known as Amit Circuits Private Limited. It is led by directors including Gian Parkash Aggarwal and Bhagvan H Patel.

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 99/1 Village Vadadala Jarod Savli Road, Gujarat, India – 391520.

As per the financials filed for FY 2025, the company reported a revenue of ₹39.09 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹10.29 Cr (net margin -26.3%) and EBITDA of -₹3.98 Cr (EBITDA margin -10.2%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 3% over five years.

The company has about 207 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Meena Circuits. As per MCA filings, the company has open charges of ₹82.31 Cr and satisfied charges of ₹8.75 Cr on record. Court records list 65 cases involving the company, including 44 filed by the company and 21 filed against it; 29 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.62 Cr; the latest was in June 2010. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 18 micro and small suppliers.

Meena Circuits Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0027233). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meenacircuits.co.in.

Company details

CIN U31102GJ1996PTC029081
Registration Number 029081
Incorporation Date 18 March 1996
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-24-0027233
Key People
Archit Aggarwal Additional Director Gian Parkash Aggarwal Director Bhagvan H Patel Director

Recognitions & Rankings of Meena Circuits

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-GJ-24-0027233

Contact details

Meena Circuits Private Limited's registered office is in Savli, Gujarat. Its website is meenacircuits.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    meenacircuits.co.in
  • Registered Address
    99/1 Village Vadadala Jarod Savli Road, Gujarat, India – 391520
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing

To see the full contact details of Meena Circuits Private Limited, buy the company report.

Comprehensive company report
Meena Circuits 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

Brands

Meena Circuits operates one associated brand: Meena Circuits. Each brand links to its own profile.

BrandDescriptionWebsite
Meena Circuits
PCB manufacturing and supply services in India.meenacircuits.co.in

Business activity

The main business activity of Meena Circuits is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC9Computer, electronic, Communication and scientific measuring & control equipment

To see the full business activity and turnover split of Meena Circuits Private Limited, buy the company report.

Financials of Meena Circuits Private Limited

FY 2024 filings available

Meena Circuits Private Limited reported revenue of ₹39.09 Cr (down 19% YoY) for FY 2025.

Revenue · FY 2025
₹39.09 Cr ▼ 19%
Net loss · FY 2025
₹10.29 Cr margin -26.3%
EBITDA · FY 2025
-₹3.98 Cr margin -10.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 16%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 40%
3 years · compounded
▼ 68%
5 years · compounded
▼ 30%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 19% fall in the latest year. EBITDA rose 40% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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-₹3.98 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10.29 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-10.2%
Net Profit Margin-26.3%
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 Meena Circuits Private Limited, buy the company report.

Board of directors of Meena Circuits Private Limited

Meena Circuits has 7 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Archit Aggarwal
Also directs: Archit Infrastructure and Developers LLP, Vga Enterprises LLP, Jai Bhawani Worldwide Limited and 5 more
Additional Director01 May 20251 Years 6 MonthsCurrent
Gian Parkash Aggarwal
Also directs: Archit Infrastructure and Developers LLP, Vga Enterprises LLP, Jai Bhawani Worldwide Limited and 5 more
Director19 Oct 20215 Years 0 MonthsCurrent
Bhagvan H Patel
Also directs: Meena Infosystems Private Limited
Director01 Apr 199630 Years 7 MonthsCurrent
Ankit Aggarwal
Also directs: Meena Electronics Systems Private Limited, DMS Technologies Private Limited, Grand Tubes and Polymers Limited
Additional Director01 May 20251 Years 6 MonthsCurrent
Deepak Gupta
Also directs: Pacifico Realtors LLP, Sea N Salt Resorts LLP, Madu Homes LLP and 4 more
Director04 Feb 20224 Years 9 MonthsCurrent
Rakesh Kumar Aggarwal
Also directs: Signum Electronics Limited, DMS Technologies Private Limited, Elvee Fincare LLP and 2 more
Director19 Oct 20215 Years 0 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Meena Circuits Private Limited is audited by Manubhai & Shah LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Manubhai & Shah LLPFY 2024106041W/W100136

Shareholding

The shareholding of Meena Circuits Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Meena Circuits Private Limited, buy the company report.

Charges & borrowings

Open charges
₹82.31 Cr
Satisfied charges
₹8.75 Cr
Breakdown by lending institutions
Yes Bank Limited₹45.17 Cr
Hdfc Bank Limited₹37.00 Cr
Others₹0.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Oct 2025101179407Yes Bank Limited₹8.17 CrOpen
08 Jul 2025101125714Yes Bank Limited₹15 CrOpen
08 Jul 2025101125709Yes Bank Limited₹22 CrOpen
28 Aug 2022100644376Hdfc Bank Limited₹37 CrOpen
01 Mar 2019100247797Others₹14.21 LakhOpen

To see the full charge records of Meena Circuits Private Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Meena Circuits Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.62 Cr; the latest was in June 2010.

Total deals
2
Funding rounds
2
Disclosed funding
₹3.62 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Jun 2010Funding round₹2.64 CrInvestors: an individual
Jan 2008Funding round₹97.7 LakhInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Meena Circuits Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 18 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 18)

SupplierAmount dueDue sinceReported on
Vora Plastics
an individual supplier
Ind Sphinx Precision Ltd
Signum Electrowave
an individual supplier

To see the full MSME payment records of Meena Circuits Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Meena Circuits Private Limited has a workforce of 207 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
207
Active EPFO establishments
1
Employee growth
-7.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27207
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Meena Circuits Private Limited, buy the company report.

GST

Meena Circuits has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCM3160D1Z2GujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Meena Circuits Private Limited, buy the company report.

Recent activity

Meena Circuits Private Limited has 17 board changes on record since 1996: 7 appointments and 10 cessations. The latest: Ankit Aggarwal was appointed as Additional Director on 01 May 2025.

Charges
A charge with Yes Bank Limited amounted to Rs. 8.17 Cr with Charge ID 101179407 was registered on 28 Oct 2025.
Charges
A charge with Yes Bank Limited of Rs. 22.00 Cr registered on 08 Jul 2025 with Charge ID 101125709 was modified on 27 Oct 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 37.00 Cr registered on 28 Aug 2022 with Charge ID 100644376 was modified on 19 Jul 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101125714 was registered on 08 Jul 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 22.00 Cr with Charge ID 101125709 was registered on 08 Jul 2025.
Appointed
Ankit Aggarwal was appointed as Additional Director.
Appointed
Archit Aggarwal was appointed as Additional Director.
Appointed
Vijay Prakash Agarwal was appointed as Additional Director.
AGM
Meena Circuits Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Meena Circuits Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 16 Feb 2005 via Charge ID 90099991 with Indian Bank was fully satisfied on 21 Nov 2022.
Ceased
Deepak Gupta ceased to be Additional Director.

18 earlier events are in the company report.

Frequently asked questions

Meena Circuits is an active private limited company based in Savli, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 18 March 1996 (30+ years old) and is registered under CIN U31102GJ1996PTC029081.

Meena Circuits has 7 current directors:

The latest financial statements of Meena Circuits 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 Meena Circuits is 24AABCM3160D1Z2, registered in Gujarat.

The CIN (Corporate Identification Number) of Meena Circuits is U31102GJ1996PTC029081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Meena Circuits has 65 court cases on record: 44 filed by the company and 21 filed against it. 29 are pending.

Meena Circuits was incorporated on 18 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Meena Circuits has 2 deals on record (2 funding rounds), with disclosed funding of ₹3.62 Cr; the latest was in June 2010.

Ankit Aggarwal was appointed as Additional Director on 01 May 2025. Archit Aggarwal was appointed as Additional Director on 01 May 2025. Vijay Prakash Agarwal was appointed as Additional Director on 01 May 2025. Meena Circuits has 17 board changes on record in total.

Yes, Meena Circuits is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0027233).

Meena Circuits has 12 MSME Form 1 returns on record between 2019 and 2023, listing 85 overdue payments to 18 micro and small suppliers. The latest return was filed on 13 Nov 2023.