Mikado Enterprise Private Limited

Mikado Enterprise Private Limited - machinery and equipment in Modasa, Gujarat, India. FY 2026 financials & compliance.
CIN U51100GJ2005PTC045510 Incorporated 17 February 2005 ROC Ahmedabad HQ Modasa, Gujarat, India
Active Private Limited Company machinery and equipment
Data last updated
Revenue · FY 2024
₹54.86 Lakh
▲ 89% YoY
Net loss · FY 2024
₹55,194
Net margin -1%
EBITDA · FY 2024
-₹46,692
EBITDA margin -0.9%
Authorised capital
₹16 Lakh
Registered with MCA
Paid-up capital
₹16 Lakh
Issued & subscribed
Satisfied charges
₹2.34 Cr
No open charges
Company age
21 yrs
Est. 2005
Employees · EPFO
5
Provident fund records

About Mikado Enterprise Private Limited

Data last updated:

Mikado Enterprise Private Limited is a private limited company based in Modasa, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 17 February 2005 and has been in existence for over 21 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2005PTC045510. Its GSTIN is 24AAECM1836D1ZW (Gujarat).

The company has an authorised share capital of ₹16 Lakh and a paid-up capital of ₹16 Lakh. It is led by directors Bhaveshkumar Kantilal Suthar (Whole-Time Director) and Rajani Bhaveshkumar Suthar.

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 Plot No.77 GIDC Ganeshpur, Modasa, Gujarat, India – 383315.

As per the financials filed for FY 2024, the company reported a revenue of ₹54.86 Lakh, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹55,194 (net margin -1%) and EBITDA of -₹46,692 (EBITDA margin -0.9%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.

The company has about 5 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹2.34 Cr on record. Court records list 1 case involving the company, including 1 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mikadoenterprise.com.

Company details

CIN U51100GJ2005PTC045510
Registration Number 045510
Incorporation Date 17 February 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Mikado Enterprise Private Limited's registered office is in Modasa, Gujarat. Its website is mikadoenterprise.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No.77 GIDC Ganeshpur, Modasa, Gujarat, India – 383315
  • Industry
    Machinery and Equipment, Industrial Tools & Components

To see the full contact details of Mikado Enterprise Private Limited, buy the company report.

Comprehensive company report
Mikado Enterprise 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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Business activity

The main business activity of Mikado Enterprise is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

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

Financials of Mikado Enterprise Private Limited

FY 2025 filings available

Mikado Enterprise Private Limited reported revenue of ₹54.86 Lakh (up 89% YoY) for FY 2024.

Revenue · FY 2024
₹54.86 Lakh ▲ 89%
Net loss · FY 2024
₹55,194 margin -1%
EBITDA · FY 2024
-₹46,692 margin -0.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▼ 16%
5 years · compounded
▼ 28%
EBITDA CAGR growth
3 years · compounded
▼ 27%
5 years · compounded
▼ 15%

Revenue rose 89% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-₹46,692
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹55,194
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-0.9%
Net Profit Margin-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 Mikado Enterprise Private Limited, buy the company report.

Board of directors of Mikado Enterprise Private Limited

Mikado Enterprise has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhaveshkumar Kantilal SutharWhole-Time Director17 Feb 200521 Years 8 MonthsCurrent
Rajani Bhaveshkumar SutharDirector13 May 20197 Years 5 MonthsCurrent

Auditor

Mikado Enterprise Private Limited is audited by KRUNAL THAKKAR & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
KRUNAL THAKKAR & COFY 2021128403W

Shareholding

The shareholding of Mikado Enterprise Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mikado Enterprise Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.34 Cr
Breakdown by lending institutions
Others₹1.34 Cr
Nutan Nagrik Sahakari Bank Limited₹0.40 Cr
Nutan Nagaril Sahakari Bank Ltd₹0.35 Cr
Nutan Nagrik Sahkari Bank Ltd.₹0.15 Cr
Nutan Nagrik Sahakari Bank Ltd.₹0.10 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
18 Jan 2019100234888Others₹54 LakhSatisfied
27 Aug 201510590572Nutan Nagrik Sahkari Bank Ltd.₹15 LakhSatisfied
29 Jan 200710037574Nutan Nagrik Sahakari Bank Ltd.₹10 LakhSatisfied
05 Aug 200610015745Others₹80 LakhSatisfied
05 Aug 200610015747Nutan Nagrik Sahakari Bank Limited₹40 LakhSatisfied

To see the full charge records of Mikado Enterprise Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mikado Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Mikado Enterprise Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1
Employee growth
-61.54%

GST

Mikado Enterprise has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECM1836D1ZWGujaratActive01 Jul 2017

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

Recent activity

Mikado Enterprise Private Limited has 8 board changes on record since 2005: 5 appointments and 3 cessations. The latest: Kantilal Vithaldas Suthar ceased to be Whole-Time Director on 23 Aug 2019.

AGM
Mikado Enterprise Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mikado Enterprise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 05 Aug 2006 via Charge ID 10015745 with Others was fully satisfied on 04 May 2022.
Charges
A charge registered on 27 Aug 2015 via Charge ID 10590572 with Nutan Nagrik Sahkari Bank Ltd. was fully satisfied on 02 May 2022.
Ceased
Kantilal Vithaldas Suthar ceased to be Whole-Time Director.
Charges
A charge registered on 18 Jan 2019 via Charge ID 100234888 with Others was fully satisfied on 21 Aug 2019.
Appointed
Rajani Bhaveshkumar Suthar was appointed as Director.
Charges
A charge with Others of Rs. 54.00 Lakh registered on 18 Jan 2019 with Charge ID 100234888 was modified on 06 Mar 2019.
Charges
A charge with Others of Rs. 80.00 Lakh registered on 05 Aug 2006 with Charge ID 10015745 was modified on 06 Mar 2019.
Charges
A charge with Others amounted to Rs. 54.00 Lakh with Charge ID 100234888 was registered on 18 Jan 2019.
Charges
A charge with Nutan Nagrik Sahkari Bank Ltd. amounted to Rs. 15.00 Lakh with Charge ID 10590572 was registered on 27 Aug 2015.
Charges
A charge registered on 29 Jan 2007 via Charge ID 10037574 with Nutan Nagrik Sahakari Bank Ltd. was fully satisfied on 14 Nov 2011.

13 earlier events are in the company report.

Frequently asked questions

Mikado Enterprise is an active private limited company based in Modasa, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 17 February 2005 (21+ years old) and is registered under CIN U51100GJ2005PTC045510.

Mikado Enterprise has 2 current directors:

The latest financial statements of Mikado Enterprise 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 Mikado Enterprise is 24AAECM1836D1ZW, registered in Gujarat.

The CIN (Corporate Identification Number) of Mikado Enterprise is U51100GJ2005PTC045510. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mikado Enterprise has 1 court case on record: 1 filed against it.

Mikado Enterprise was incorporated on 17 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Kantilal Vithaldas Suthar ceased to be Whole-Time Director on 23 Aug 2019. Rajani Bhaveshkumar Suthar was appointed as Director on 13 May 2019. Jignesh Mahesh Shroff ceased to be Whole-Time Director on 01 Jun 2008. Mikado Enterprise has 8 board changes on record in total.

Mikado Enterprise can be reached through the website mikadoenterprise.com. Its registered office is in Modasa, Gujarat, India.

The registered office of Mikado Enterprise is at Plot No.77 GIDC Ganeshpur, Modasa, Gujarat, India – 383315.