
Million Phase Industry Private Limited
About Million Phase Industry Private Limited
Data last updated:
Million Phase Industry Private Limited is a private limited company based in Rajkot, Gujarat, India. It was incorporated on 10 July 2023.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23935GJ2023PTC142774.
The company has an authorised share capital of ₹11.85 Cr and a paid-up capital of ₹8.85 Cr. It is led by directors including Bhargav Rameshbhai Chovatiya and Chirag Rameshbhai Chovatiya.
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 Rajkot, Gujarat.
As per MCA filings, the company has open charges of ₹30 Cr on record.
Company details
Contact details
Million Phase Industry Private Limited's registered office is in Rajkot, Gujarat.
- Registered Address507 Time Square 2 Ayodhya, Chowk 150Ft Ring Road, Rajkot, Gujarat, India – 360006
- 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
Financials of Million Phase Industry Private Limited
FY 2025 filings availableFinancial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ||
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ||
| 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 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Million Phase Industry Private Limited, buy the company report.
Board of directors of Million Phase Industry Private Limited
Million Phase Industry has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhargav Rameshbhai Chovatiya Also directs: Positive Chemicals Private Limited | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Chirag Rameshbhai Chovatiya Also directs: Positive Chemicals Private Limited | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Harikrushna Patel Also directs: Achintya Molecules Private Limited | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Utsavkumar Vasantbhai Patel Also directs: Achintya Molecules Private Limited | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
| Yogeshkumar Ganeshbhai Patel Also directs: Achintya Molecules Private Limited | Director | 10 Jul 2023 | 3 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Oct 2024 | 101003430 | Others | ₹30 Cr | Open |
To see the full charge records of Million Phase Industry Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Million Phase Industry 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 Million Phase Industry Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Million Phase Industry Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Million Phase Industry Private Limited has 5 board changes on record since 2023: 5 appointments. The latest: Bhargav Rameshbhai Chovatiya was appointed as Director on 10 Jul 2023.
Frequently asked questions
Million Phase Industry is an active private limited company based in Rajkot, Gujarat, India. It was incorporated on 10 July 2023 (3+ years old) and is registered under CIN U23935GJ2023PTC142774.
Million Phase Industry has 5 current directors:
- Bhargav Rameshbhai Chovatiya - Director
- Chirag Rameshbhai Chovatiya - Director
- Harikrushna Patel - Director
- Utsavkumar Vasantbhai Patel - Director
- Yogeshkumar Ganeshbhai Patel - Director
The latest financial statements of Million Phase Industry 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 2024 are in the company report.
The CIN (Corporate Identification Number) of Million Phase Industry is U23935GJ2023PTC142774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Million Phase Industry was incorporated on 10 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bhargav Rameshbhai Chovatiya was appointed as Director on 10 Jul 2023. Chirag Rameshbhai Chovatiya was appointed as Director on 10 Jul 2023. Harikrushna Patel was appointed as Director on 10 Jul 2023. Million Phase Industry has 5 board changes on record in total.
The registered office of Million Phase Industry is at 507 Time Square 2 Ayodhya, Chowk 150Ft Ring Road, Rajkot, Gujarat, India – 360006.
Million Phase Industry has open charges of ₹30 Cr and no satisfied charges on record as per latest MCA filings.
Million Phase Industry can be reached at its registered office: 507 Time Square 2 Ayodhya, Chowk 150Ft Ring Road, Rajkot, Gujarat, India – 360006.
Million Phase Industry is registered under the jurisdiction of the Registrar of Companies (ROC), Ahmedabad.

