About Micro Ion-Coating Private Limited
Data last updated: 10 February 2026
Micro Ion-Coating Private Limited is a private limited company based in Workshop Rajkot, Gujarat, India. It specialises in metal manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 01 September 2005, the company has been in operation for over 21 years.
Registered with ROC Ahmedabad under CIN U28920GJ2005PTC046689.
Capital: an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹3.25 Cr. It is led by directors including Rajnikant Himatlal Bhanvadia and Neel Rajnikant Bhanvadia.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 30 Samrat Industrial Estatestar Horological Industries Behind P & T Colony S T, Workshop Rajkot, Gujarat, India – 360004.
As per the financials filed for FY 2024, the company reported a revenue of ₹24.83 Cr, a decline of 21% compared to the previous year.
The company has a workforce of approximately 304 employees as per the latest available data.
The company is associated with 1 brand - Micro Ion Coating. As per MCA filings, the company has open charges of ₹26.04 Cr and satisfied charges of ₹5.08 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website microionindia.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered Address30 Samrat Industrial Estatestar Horological Industries Behind P & T Colony S T, Workshop Rajkot, Gujarat, India – 360004
-
IndustryMetals and Minerals, Metal Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Micro Ion-Coating Private Limited
Micro Ion-Coating Private Limited operates one associated brand: Micro Ion Coating. These brands represent Micro Ion-Coating Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers contract manufacturing services for watches. | microionindia.com |
Competitors & Alternatives of Micro Ion-Coating Private Limited
Brands and companies operating in the same space as Micro Ion-Coating Private Limited include Krishna Beads Industries, Green Stars, Talwar and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Krishna Beads Industries
|
Manufactures fashion accessories, garments, and lifestyle products for global export markets. | Mumbai, India, India | 1970 |
Green Stars
|
Contract manufacturer and exporter of jewelry and watchmaking tools. | Jalandhar, India, India | 1970 |
Talwar
|
Serves as a contract manufacturer specializing in leather goods. | Kolkata, India, India | 1981 |
AK Bags
|
Manufactures and exports cloth bags from cotton and rayon materials. | Malappuram, India, India | 2020 |
Chattayil Industries
|
Manufactures and wholesales traveling bags, school bags, and luggage. | Muvattupuzha, India, India | 2000 |
Arpera
|
Online retailer of handcrafted leather handbags, wallets, and unique gifts in India. | Pune, India, India | 1994 |
Business Activity of Micro Ion-Coating Private Limited
Micro Ion-Coating Private Limited is engaged in principal business activities including manufacturing and support service to organizations, with detailed activities including metal and metal products, other support services to organizations. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | ********* |
| N | Support service to Organizations | N7 | Other support services to organizations | ********* |
Auditor Details of Micro Ion-Coating Private Limited
Micro Ion-Coating Private Limited is audited by P B DADHANIYA & CO for the financial year 2022. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P B DADHANIYA & CO | blur-value | blur-value | blur-value |
Board of Directors of Micro Ion-Coating Private Limited
Micro Ion-Coating Private Limited is currently managed by 3 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Rajnikant Himatlal Bhanvadia
Also directs:
Microtech Rollers Pvt Ltd, Micro Horology Private Limited
|
Director | 10 Oct 2005 | 20 Years 9 Months | Current |
| Neel Rajnikant Bhanvadia | Director | 20 Aug 2015 | 10 Years 10 Months | Current |
| Harsh Pramodbhai Bhanvadia | Director | 20 Aug 2015 | 10 Years 10 Months | Current |
Financials of Micro Ion-Coating Private Limited FY 2025 filings available
Micro Ion-Coating Private Limited reported revenue of ₹24.83 Cr (down 21% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Micro Ion-Coating Private Limited
As of FY 2022, Micro Ion-Coating Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Micro Ion-Coating Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2025 | Sidbi | ₹2 Cr | Open |
| 10 Jan 2025 | Others | ₹5 Cr | Open |
| 05 Aug 2024 | Sidbi | ₹4 Cr | Open |
| 11 Jul 2024 | Hdfc Bank Limited | ₹6.93 Lakh | Open |
| 08 Jul 2024 | Hdfc Bank Limited | ₹26.1 Lakh | Open |
Total charge records: 16 View all charges
Employees and EPFO Compliance at Micro Ion-Coating Private Limited
Micro Ion-Coating Private Limited has a workforce of 304 employees as of Apr 01, 2024.
Employee Count & EPFO Data of Micro Ion-Coating Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Micro Ion-Coating Private Limited
GSTIN & GST Filing Data of Micro Ion-Coating Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Micro Ion-Coating Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Micro Ion-Coating Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Micro Ion-Coating Private Limited
MSME Payment Delays by Micro Ion-Coating Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Micro Ion-Coating Private Limited
Subsidiaries & Group Companies of Micro Ion-Coating Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Micro Ion-Coating Private Limited with ownership details.
MCA Filings & Documents of Micro Ion-Coating Private Limited
MCA Filings & Documents of Micro Ion-Coating Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Micro Ion-Coating Private Limited
Frequently Asked Questions about Micro Ion-Coating Private Limited
Micro Ion-Coating Private Limited is an active private limited company in the metals and minerals sector based in Workshop Rajkot, Gujarat, India. It was incorporated on 01 September 2005 (21+ years old) and is registered under CIN U28920GJ2005PTC046689. The company has 304 employees.
Micro Ion-Coating Private Limited reported revenue of ₹24.83 Cr for FY 2024 (down 21.00% YoY).
The current directors of Micro Ion-Coating Private Limited are:
The primary industry of Micro Ion-Coating Private Limited is metals and minerals. The company specifically operates in metal manufacturing and processing. The company is currently active in this sector.
Micro Ion-Coating Private Limited can be reached at the registered office: 30 Samrat Industrial Estatestar Horological Industries Behind P & T Colony S T, Workshop Rajkot, Gujarat, India – 360004, or through the website microionindia.com.
The authorised capital is ₹3.25 Cr, and the paid-up capital is ₹3.25 Cr.