Startup India Government of India
Mican Engineers Private Limited
Mican Engineers Private Limited - machinery and equipment in Cuttack, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.75 Cr
▲ 22% YoY
Net profit · FY 2025
₹31.67 Lakh
Net margin 5.5%
EBITDA · FY 2025
₹88.12 Lakh
EBITDA margin 15.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹48 Lakh
Issued & subscribed
Open charges
₹4.43 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings
About Mican Engineers Private Limited
Data last updated:
Mican Engineers Private Limited is a private limited company based in Cuttack, Odisha, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 11 July 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2018PTC029157. Its GSTIN is 21AALCM9564F1ZA (Odisha). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹48 Lakh. It is led by directors including Mahesh Sitaram Chavan and Sambit Malla.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 3D/1202 Sector 11 C.D.A. Abhinaba Badanasi, Cuttack, Odisha, India – 753014.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.75 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹31.67 Lakh (net margin 5.5%) and EBITDA of ₹88.12 Lakh (EBITDA margin 15.3%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹4.43 Cr on record.
Mican Engineers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0084834).
Company details
CIN U74999OR2018PTC029157
Registration Number 029157
Incorporation Date 11 July 2018
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0084834
Recognitions & Rankings of Mican Engineers
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0084834
Contact details
Mican Engineers Private Limited's registered office is in Cuttack, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 3D/1202 Sector 11 C.D.A. Abhinaba Badanasi, Cuttack, Odisha, India – 753014
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Mican Engineers Private Limited, buy the company report.
Comprehensive company report
Mican Engineers 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
Business activity
The main business activity of Mican Engineers is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Mican Engineers Private Limited, buy the company report.
Financials of Mican Engineers Private Limited
FY 2025 filings availableMican Engineers Private Limited reported revenue of ₹5.75 Cr (up 22% YoY) for FY 2025.
Revenue · FY 2025
₹5.75 Cr ▲ 22%
Net profit · FY 2025
₹31.67 Lakh margin 5.5%
EBITDA · FY 2025
₹88.12 Lakh margin 15.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 41%
5 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 42%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 22% growth in the latest year. EBITDA rose 33% 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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| Total Expenses | |||||
| EBITDA | ₹88.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.67 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 15.3% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Mican Engineers Private Limited, buy the company report.
Board of directors of Mican Engineers Private Limited
Mican Engineers has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Sitaram Chavan | Director | 11 Jul 2018 | 8 Years 3 Months | Current |
| Sambit Malla Also directs: Pharma Spray Solutions Private Limited | Director | 11 Jul 2018 | 8 Years 3 Months | Current |
| Sushil Kisto Samant Also directs: Pharma Spray Solutions Private Limited | Director | 11 Jul 2018 | 8 Years 3 Months | Current |
| Sunil Kisto Samant | Director | 24 Dec 2018 | 7 Years 9 Months | Current |
| Makarand Sitaram Chavan | Director | 11 Jul 2018 | 8 Years 3 Months | Current |
Auditor
Mican Engineers Private Limited is audited by PONKSHE KULKARNI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PONKSHE KULKARNI & CO | FY 2022 | 107962W |
Shareholding
The shareholding of Mican Engineers 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 Mican Engineers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.43 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2025 | 101156122 | Others | ₹50 Lakh | Open | |
| 20 Aug 2025 | 101156125 | Others | ₹15 Lakh | Open | |
| 19 Oct 2024 | 101005708 | Others | ₹14.37 Lakh | Open | |
| 19 Mar 2024 | 100906271 | Others | ₹36.7 Lakh | Open | |
| 25 Oct 2023 | 100837362 | Others | ₹50 Lakh | Open |
To see the full charge records of Mican Engineers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Mican Engineers 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 Mican Engineers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mican Engineers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AALCM9564F1ZA | Odisha | Active | 20 Aug 2018 |
| 27AALCM9564F1ZY | Maharashtra | Active | 26 Dec 2018 |
To see the full GST registrations and return filing status of Mican Engineers Private Limited, buy the company report.
Recent activity
Mican Engineers Private Limited has 6 board changes on record since 2018: 5 appointments and 1 cessation. The latest: Sunil Kisto Samant ceased to be Additional Director on 31 Dec 2019.
AGM
Mican Engineers Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 101156122 was registered on 20 Aug 2025.
Charges
A charge with Others amounted to Rs. 15.00 Lakh with Charge ID 101156125 was registered on 20 Aug 2025.
Charges
A charge with Others of Rs. 50.00 Lakh registered on 25 Oct 2023 with Charge ID 100837362 was modified on 20 Aug 2025.
Filing
Mican Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Others amounted to Rs. 14.37 Lakh with Charge ID 101005708 was registered on 19 Oct 2024.
Charges
A charge with Others amounted to Rs. 36.70 Lakh with Charge ID 100906271 was registered on 19 Mar 2024.
Charges
A charge with Others amounted to Rs. 120.00 Lakh with Charge ID 100837366 was registered on 25 Oct 2023.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100837362 was registered on 25 Oct 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 100589388 was registered on 15 Jun 2022.
Ceased
Sunil Kisto Samant ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 32.24 Lakh with Charge ID 100263205 was registered on 26 Mar 2019.
6 earlier events are in the company report.
Frequently asked questions
Mican Engineers is an active private limited company based in Cuttack, Odisha, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 11 July 2018 (8+ years old) and is registered under CIN U74999OR2018PTC029157.
Mican Engineers has 5 current directors:
- Mahesh Sitaram Chavan - Director
- Sambit Malla - Director
- Sushil Kisto Samant - Director
- Sunil Kisto Samant - Director
- Makarand Sitaram Chavan - Director
The latest financial statements of Mican Engineers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Mican Engineers is 21AALCM9564F1ZA, registered in Odisha. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AALCM9564F1ZY (Maharashtra).
The CIN (Corporate Identification Number) of Mican Engineers is U74999OR2018PTC029157. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mican Engineers was incorporated on 11 July 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.
Sunil Kisto Samant ceased to be Additional Director on 31 Dec 2019. Sunil Kisto Samant was appointed as Director on 24 Dec 2018. Mahesh Sitaram Chavan was appointed as Director on 11 Jul 2018. Mican Engineers has 6 board changes on record in total.
Yes, Mican Engineers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mican Engineers is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0084834).
The registered office of Mican Engineers is at Plot No. 3D1202 Sector 11 C.D.A. Abhinaba Badanasi, Cuttack, Odisha, India – 753014.