MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0139917
Mikusu India Private Limited
Mikusu India Private Limited - chemicals and materials in Mumbai, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2025
₹152.46 Cr
▲ 64% YoY
Net loss · FY 2025
₹1.24 Cr
Net margin -0.8%
EBITDA · FY 2025
₹1.71 Cr
EBITDA margin 1.1%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Employees · EPFO
116
Provident fund records
Directors on board
2
As per MCA filings
About Mikusu India Private Limited
Data last updated:
Mikusu India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Heranba Industries Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 09 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2022PTC380276. Its GSTIN is 27AAPCM6460J1ZW (Maharashtra). The company holds 17 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5 Lakh. It is led by directors Raghuram Kanyan Shetty and Sadashiv Kanyana Shetty.
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 2nd Floor A Wing Fortune Avirahi Jain Derasar Lane Borivali, Mumbai, Maharashtra, India – 400092.
As per the financials filed for FY 2025, the company reported a revenue of ₹152.46 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net loss of ₹1.24 Cr (net margin -0.8%) and EBITDA of ₹1.71 Cr (EBITDA margin 1.1%).
The company has about 116 employees on its provident fund (EPFO) records.
Court records list 244 cases involving the company, including 221 filed by the company and 23 filed against it; 190 cases are pending.
Mikusu India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0139917).
Company details
CIN U24299MH2022PTC380276
Registration Number 380276
Incorporation Date 09 April 2022
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Heranba Industries Limited
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0139917
Recognitions & Rankings of Mikusu India
Contact details
Mikusu India Private Limited's registered office is in Mumbai, Maharashtra.
- Registered Address2nd Floor A Wing Fortune Avirahi Jain Derasar Lane Borivali, Mumbai, Maharashtra, India – 400092
- IndustryChemicals and Materials, Industrial Chemicals
Comprehensive company report
Mikusu India 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 Mikusu India is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Mikusu India Private Limited, buy the company report.
Financials of Mikusu India Private Limited
FY 2025 filings availableMikusu India Private Limited reported revenue of ₹152.46 Cr (up 64% YoY) for FY 2025.
Revenue · FY 2025
₹152.46 Cr ▲ 64%
Net loss · FY 2025
₹1.24 Cr margin -0.8%
EBITDA · FY 2025
₹1.71 Cr margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 64%
EBITDA CAGR growth
1 year
▲ 112%
Revenue rose 64% in the latest year. EBITDA rose 112% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | ₹1.71 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.24 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 | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 1.1% | ||
| Net Profit Margin | -0.8% | ||
| 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 Mikusu India Private Limited, buy the company report.
Board of directors of Mikusu India Private Limited
Mikusu India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghuram Kanyan Shetty Also directs: Daikaffil Chemicals India Limited, Heranba Industries Limited, Heranba Organics Private Limited and 2 more | Nominee Director | 09 Apr 2022 | 4 Years 7 Months | Current |
| Sadashiv Kanyana Shetty Also directs: Daikaffil Chemicals India Limited, Heranba Industries Limited, Heranba Organics Private Limited and 3 more | Nominee Director | 09 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
Mikusu India Private Limited is compared with the 6 companies closest to it by revenue in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Deedy Chemicals Pvt Ltd | ₹163.89 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| Mahamaya Lifesciences Limited | ₹162.82 Cr (FY 2024) | 19.0% | New Delhi, Delhi, India | |||
| Mikusu India Private Limitedthis company | ₹152.46 Cr (FY 2025) | -₹1.24 Cr | -0.8% | 64.0% | Mumbai, Maharashtra, India | |
| Pioneer Pesticides Pvt Ltd | ₹149.83 Cr (FY 2025) | 27.0% | Chandigarh, India | |||
| Baroda Agro Chemicals Limited | ₹145.51 Cr (FY 2025) | 3.0% | Raluka Halol Panchmahals, Gujarat, India | |||
| Ajinkya Chemtech Private Limited | ₹140.7 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India | |||
| Nova Agri Sciences Private Limited | ₹140.49 Cr (FY 2025) | 26.0% | Siddipet, Telangana, India |
To see the full peer comparison of Mikusu India Private Limited, buy the company report.
Legal cases
Mikusu India Private Limited has 244 court cases on record: 221 filed by Mikusu India, 23 filed against it. 190 cases are pending and 54 are disposed.
Total cases
244
Filed by the company
221
Filed against the company
23
Pending
190
Disposed
54
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 244 | 23 | 190 |
Cases on record (5 of 244)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S Kisan Agro Centre | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S Shree Sant Dyaneshwar Mauli Krushi Kendra | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S Sri Sai Krushi Seva Kendra | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S Sri Sai Fertilizers | Pending |
To see the full case history of Mikusu India 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 Mikusu India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mikusu India has 17 GST registrations: 17 active. The first 4 active GSTINs are listed below.
Total GSTINs
17
Active
17
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCM6460J1ZW | Maharashtra | Active | 12 May 2022 |
| 09AAPCM6460J1ZU | Uttar Pradesh | Active | 27 May 2022 |
| 24AAPCM6460J1Z2 | Gujarat | Active | 01 Jun 2022 |
| 29AAPCM6460J1ZS | Karnataka | Active | 11 Jul 2022 |
To see the full GST registrations and return filing status of Mikusu India Private Limited, buy the company report.
Recent activity
Mikusu India Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Raghuram Kanyan Shetty was appointed as Nominee Director on 09 Apr 2022.
AGM
Mikusu India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mikusu India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Raghuram Kanyan Shetty was appointed as Nominee Director.
Appointed
Sadashiv Kanyana Shetty was appointed as Nominee Director.
Incorporation
09 Apr 2022
Mikusu India Private Limited was registered on 09 Apr 2022 with Roc Mumbai I & aged 4 years 7 months as per MCA records.
Frequently asked questions
Mikusu India is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 09 April 2022 (4+ years old) and is registered under CIN U24299MH2022PTC380276.
Mikusu India has 2 current directors:
- Raghuram Kanyan Shetty - Nominee Director
- Sadashiv Kanyana Shetty - Nominee Director
The latest financial statements of Mikusu India 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 FY 2023 are in the company report.
The GSTIN of Mikusu India is 27AAPCM6460J1ZW, registered in Maharashtra. The company has 17 GST registrations in all, of which 17 are active. Other active GSTINs include 09AAPCM6460J1ZU (Uttar Pradesh), 24AAPCM6460J1Z2 (Gujarat), 29AAPCM6460J1ZS (Karnataka).
The CIN (Corporate Identification Number) of Mikusu India is U24299MH2022PTC380276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mikusu India has 244 court cases on record: 221 filed by the company and 23 filed against it. 190 are pending.
Mikusu India was incorporated on 09 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mikusu India by revenue are Deedy Chemicals Pvt Ltd, Mahamaya Lifesciences Limited, Pioneer Pesticides Pvt Ltd, Baroda Agro Chemicals Limited, Ajinkya Chemtech Private Limited and 1 more, all in the Agriculture industry (Pesticides), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Raghuram Kanyan Shetty was appointed as Nominee Director on 09 Apr 2022. Sadashiv Kanyana Shetty was appointed as Nominee Director on 09 Apr 2022.
Yes, Mikusu India is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0139917).
The registered office of Mikusu India is at 2nd Floor A Wing Fortune Avirahi Jain Derasar Lane Borivali, Mumbai, Maharashtra, India – 400092.
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