
Mig Metals Private Limited
About Mig Metals Private Limited
Data last updated:
Mig Metals Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 February 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27100GJ1985PTC118792. Its GSTIN is 24AABCP0228R1ZB (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹32.13 Lakh. It was formerly known as Protein Feeds & Foods Pvt Ltd. It is led by directors Milan Gajendra Jain and Meenaben Gajendra Jain.
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 35 Chandravali Society Karelibaug, Vadodara, Gujarat, India – 390018.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.6 Lakh, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹26.88 Lakh (net margin 63.1%) and EBITDA of ₹26.88 Lakh (EBITDA margin 63.1%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 85% over five years.
As per MCA filings, the company has open charges of ₹14.1 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mig Metals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27100GJ1985PTC118792, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100GJ1985PTC118792 | Current |
| U15331MP1985PTC002771 | Previous |
| U27100MP1985PTC002771 | Previous |
Contact details
Mig Metals Private Limited's registered office is in Vadodara, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address35 Chandravali Society Karelibaug, Vadodara, Gujarat, India – 390018
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Mig Metals Private 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 Mig Metals is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Mig Metals Private Limited, buy the company report.
Financials of Mig Metals Private Limited
FY 2025 filings availableMig Metals Private Limited reported revenue of ₹42.6 Lakh (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 85% over five years, including 15% growth in the latest year. EBITDA fell 25% 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 | ₹26.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.88 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63.1% | ||||
| Net Profit Margin | 63.1% | ||||
| 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 Mig Metals Private Limited, buy the company report.
Board of directors of Mig Metals Private Limited
Mig Metals has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milan Gajendra Jain | Director | 14 Jul 2023 | 3 Years 3 Months | Current |
| Meenaben Gajendra Jain | Director | 05 Mar 2008 | 18 Years 8 Months | Current |
Auditor
Mig Metals Private Limited is audited by K. J. SHAH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. J. SHAH & CO. | FY 2022 | 132369W |
Shareholding
The shareholding of Mig Metals Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mig Metals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 1985 | 90206699 | Gujarat State Financial Corporation | ₹14.1 Lakh | Open |
To see the full charge records of Mig Metals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Mig Metals Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Madhya Gujarat Vij Company Limited | Pending |
To see the full case history of Mig Metals Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mig Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mig Metals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCP0228R1ZB | Gujarat | Active | 15 Oct 2021 |
To see the full GST registrations and return filing status of Mig Metals Private Limited, buy the company report.
Recent activity
Mig Metals Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Milan Gajendra Jain ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Mig Metals is an active private limited company based in Vadodara, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 February 1985 (41+ years old) and is registered under CIN U27100GJ1985PTC118792.
Mig Metals has 2 current directors:
- Milan Gajendra Jain - Director
- Meenaben Gajendra Jain - Director
The latest financial statements of Mig Metals 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 Mig Metals is 24AABCP0228R1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Mig Metals is U27100GJ1985PTC118792. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mig Metals has 1 court case on record: 1 filed against it. 1 is pending.
Mig Metals was incorporated on 28 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Milan Gajendra Jain ceased to be Additional Director on 29 Sep 2023. Milan Gajendra Jain was appointed as Director on 14 Jul 2023. Gajendra Babulal Jain ceased to be Director on 09 May 2023. Mig Metals has 7 board changes on record in total.
The registered office of Mig Metals is at 35 Chandravali Society Karelibaug, Vadodara, Gujarat, India – 390018.
Mig Metals operates in the metals and minerals industry, in the metal manufacturing and processing segment.

