MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0020428
Metlax International Private Limited - metal & minerals in Bavla, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.25 Cr
▼ 41% YoY
Net profit · FY 2024
₹2.24 Cr
Net margin 14.7%
EBITDA · FY 2024
₹4.64 Cr
EBITDA margin 30.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.5 Cr
Issued & subscribed
Satisfied charges
₹26 Cr
No open charges
Company age
11 yrs
Est. 2015
Employees · EPFO
141
Provident fund records
About Metlax International Private Limited
Data last updated:
Metlax International Private Limited is a private limited company based in Bavla, Gujarat, India. It operates in the metalworking segment of the metals and mining sector. It was incorporated on 02 November 2015 and has been in existence for over 11 years.
Its director Surender Pal Gupta is #1,320 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51101GJ2015PTC084957. Its GSTIN is 24AAKCM0002F1Z6 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.5 Cr. It is led by directors including Surender Pal Gupta and Madho Singh Mehta.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bavla, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.25 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹2.24 Cr (net margin 14.7%) and EBITDA of ₹4.64 Cr (EBITDA margin 30.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years.
The company has about 141 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Laxcon Steels. As per MCA filings, the company has satisfied charges of ₹26 Cr on record.
Metlax International Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0020428). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website laxconsteels.com.
Company details
CIN U51101GJ2015PTC084957
Registration Number 084957
Incorporation Date 02 November 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0020428
Recognitions & Rankings of Metlax International
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,320 Surender Pal Gupta ₹1,700 Cr
Contact details
Metlax International Private Limited's registered office is in Bavla, Gujarat. Its website is laxconsteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 1401/2 1415 Kerala GIDC Kerala Industrial Estate N.H. 8A. Vill, Age Kerala, Bavla, Gujarat, India – 382220
- IndustryMetal & Minerals, Metalworking
To see the full contact details of Metlax International Private Limited, buy the company report.
Comprehensive company report
Metlax International 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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Brands
Metlax International operates one associated brand: Laxcon Steels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Stainless steel manufacturing, including bars and angles, with a focus on quality and technology in India. | laxconsteels.com |
Business activity
The main business activities of Metlax International are trade and manufacturing. In detail, this covers wholesale trading and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Metlax International Private Limited, buy the company report.
Financials of Metlax International Private Limited
FY 2024 filings availableMetlax International Private Limited reported revenue of ₹15.25 Cr (down 41% YoY) for FY 2024.
Revenue · FY 2024
₹15.25 Cr ▼ 41%
Net profit · FY 2024
₹2.24 Cr margin 14.7%
EBITDA · FY 2024
₹4.64 Cr margin 30.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 3%
Revenue fell 41% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 19%. EBITDA fell 34% 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 | ₹4.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.24 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 | |||||
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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 | 30.4% | ||||
| Net Profit Margin | 14.7% | ||||
| 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 Metlax International Private Limited, buy the company report.
Board of directors of Metlax International Private Limited
Metlax International has 3 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 |
|---|---|---|---|---|
| Surender Pal Gupta Also directs: Ocean Steels Private Limited, Vinayaka Alloys Private Limited, Parvati Private Limited and 2 more | Director | 02 Nov 2015 | 11 Years 0 Months | Current |
| Madho Singh Mehta Also directs: Majestic Industrial Park Private Limited | Director | 12 Nov 2024 | 2 Years 0 Months | Current |
| Gopal Swarup Gupta Also directs: Ocean Steels Private Limited, Comet Builders Private Limited, Gopal Udyog Limited and 5 more | Director | 02 Nov 2015 | 11 Years 0 Months | Current |
Auditor
Metlax International Private Limited is audited by SAPAN VASA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAPAN VASA & CO. | FY 2023 | 109265 |
Shareholding
The shareholding of Metlax International 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 Metlax International Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2019 | 100299070 | The South Indian Bank Limited | ₹13 Cr | Satisfied | |
| 15 Oct 2019 | 100299069 | The South Indian Bank Limited | ₹13 Cr | Satisfied |
To see the full charge records of Metlax International Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Metlax International 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 Metlax International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Metlax International Private Limited has a workforce of 141 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
141
Active EPFO establishments
1
Employee growth
107.4%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 141 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Metlax International Private Limited, buy the company report.
GST
Metlax International has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM0002F1Z6 | Gujarat | Active | 26 Mar 2019 |
To see the full GST registrations and return filing status of Metlax International Private Limited, buy the company report.
Recent activity
Metlax International Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Madho Singh Mehta ceased to be Additional Director on 27 Sep 2025.
AGM
Metlax International Private Limited last Annual general meeting of members was held on 28 Sep 2025 as per latest MCA records.
Ceased
Madho Singh Mehta ceased to be Additional Director.
Appointed
Madho Singh Mehta was appointed as Director.
Filing
Metlax International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 23 Oct 2019 via Charge ID 100299070 with The South Indian Bank Limited was fully satisfied on 02 Sep 2023.
Charges
A charge registered on 15 Oct 2019 via Charge ID 100299069 with The South Indian Bank Limited was fully satisfied on 02 Sep 2023.
Charges
A charge with The South Indian Bank Limited of Rs. 13.00 Cr registered on 23 Oct 2019 with Charge ID 100299070 was modified on 11 Feb 2022.
Charges
A charge with The South Indian Bank Limited of Rs. 13.00 Cr registered on 15 Oct 2019 with Charge ID 100299069 was modified on 03 Feb 2022.
Ceased
Alpesh Solanki ceased to be Additional Director.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100299070 was registered on 23 Oct 2019.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 13.00 Cr with Charge ID 100299069 was registered on 15 Oct 2019.
Appointed
Gopal Swarup Gupta was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Metlax International is an active private limited company based in Bavla, Gujarat, India. The company works in metalworking, within the metal and minerals industry. It was incorporated on 02 November 2015 (11+ years old) and is registered under CIN U51101GJ2015PTC084957.
Metlax International has 3 current directors:
- Surender Pal Gupta - Director
- Madho Singh Mehta - Director
- Gopal Swarup Gupta - Director
The latest financial statements of Metlax International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Metlax International is 24AAKCM0002F1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Metlax International is U51101GJ2015PTC084957. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metlax International was incorporated on 02 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Madho Singh Mehta ceased to be Additional Director on 27 Sep 2025. Madho Singh Mehta was appointed as Director on 12 Nov 2024. Alpesh Solanki ceased to be Additional Director on 27 Dec 2020. Metlax International has 5 board changes on record in total.
Yes, Metlax International is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0020428).
Metlax International can be reached through the website laxconsteels.com. Its registered office is in Bavla, Gujarat, India.
The registered office of Metlax International is at Plot No. 14012 1415 Kerala GIDC Kerala Industrial Estate N.H. 8A. Vill, Age Kerala, Bavla, Gujarat, India – 382220.
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