MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0209725
Minilec (India) Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.68 Cr
▲ 2% YoY
Net profit · FY 2025
₹1.17 Cr
Net margin 3%
EBITDA · FY 2025
₹4.6 Cr
EBITDA margin 11.9%
Authorised capital
₹5.41 Cr
Registered with MCA
Paid-up capital
₹14.11 Lakh
Issued & subscribed
Open charges
₹5.94 Cr
Satisfied ₹34.83 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
199
Provident fund records
About Minilec (India) Private Limited
Data last updated:
Minilec (India) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51999PN1992PTC065054. Its GSTIN is 27AABCM2682E1ZL (Maharashtra).
The company has an authorised share capital of ₹5.41 Cr and a paid-up capital of ₹14.11 Lakh. It was formerly known as Minilec Marketing Services Private Limited. It is led by directors including Amit Yashavant Ghaisas (Managing Director) and Yashavant Gopal Ghaisas (Whole-Time Director).
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 1073/123 Pirangoot Tal Mulshi, Pune, Maharashtra, India – 412111.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.68 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.17 Cr (net margin 3%) and EBITDA of ₹4.6 Cr (EBITDA margin 11.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 199 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹5.94 Cr and satisfied charges of ₹34.83 Cr on record. Court records list 5 cases involving the company, including 5 filed against it.
Minilec (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0209725). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minilecgroup.com.
Company details
CIN U51999PN1992PTC065054
Registration Number 065054
Incorporation Date 24 January 1992
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0209725
Key People
Amit Yashavant Ghaisas Managing Director Yashavant Gopal Ghaisas Whole-Time Director Smita Yashwant Ghaisas Whole-Time Director Recognitions & Rankings of Minilec (India)
Contact details
Minilec (India) Private Limited's registered office is in Pune, Maharashtra. Its website is minilecgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1073/123 Pirangoot Tal Mulshi, Pune, Maharashtra, India – 412111
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Minilec (India) Private Limited, buy the company report.
Comprehensive company report
Minilec (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 Minilec (India) is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Minilec (India) Private Limited, buy the company report.
Financials of Minilec (India) Private Limited
FY 2025 filings availableMinilec (India) Private Limited reported revenue of ₹38.68 Cr (up 2% YoY) for FY 2025.
Revenue · FY 2025
₹38.68 Cr ▲ 2%
Net profit · FY 2025
₹1.17 Cr margin 3%
EBITDA · FY 2025
₹4.6 Cr margin 11.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 6%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 2% growth 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.17 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 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.9% | ||||
| Net Profit Margin | 3% | ||||
| 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 Minilec (India) Private Limited, buy the company report.
Board of directors of Minilec (India) Private Limited
Minilec (India) has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Yashavant Ghaisas Also directs: Yashprabha Agro Private Limited, Mint Agri Research and Development Private Limited, Statfield (India) Private Limited and 3 more | Managing Director | 05 Jul 2019 | 7 Years 4 Months | Current |
| Yashavant Gopal Ghaisas | Whole-Time Director | 05 Jul 2019 | 7 Years 4 Months | Current |
| Smita Yashwant Ghaisas | Whole-Time Director | 24 Jan 1992 | 34 Years 9 Months | Current |
| Swati Amit Ghaisas Also directs: Statfield (India) Private Limited, Intech Energy Systems Private Limited, Shalaka Electronics Pvt.Ltd. and 1 more | Whole-Time Director | 17 Aug 2005 | 21 Years 2 Months | Current |
| Sanjay Ganesh Patwardhan Also directs: Minilec Protective Relay Pvt Ltd | Whole-Time Director | 05 Jul 2019 | 7 Years 4 Months | Current |
Auditor
Minilec (India) Private Limited is audited by U V Bodas & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U V Bodas & Co. | FY 2023 | 041343 |
Shareholding
The shareholding of Minilec (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Minilec (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.94 Cr
Satisfied charges
₹34.83 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2025 | 101092231 | Axis Bank Limited | ₹4.56 Cr | Open | |
| 26 Aug 2024 | 100978761 | Others | ₹83.46 Lakh | Open | |
| 18 Jun 2024 | 100945632 | Others | ₹11.03 Lakh | Open | |
| 02 Sep 2022 | 100607446 | Others | ₹13 Lakh | Open | |
| 31 Dec 2014 | 10545414 | Saraswat Co-Operative Bank Ltd.Plt No.12 | ₹9.14 Lakh | Open |
To see the full charge records of Minilec (India) Private Limited, buy the company report.
Total charge records: 44 View all charges
Legal cases
Minilec (India) Private Limited has 5 court cases on record: 5 filed against it. All cases are disposed.
Total cases
5
Filed against the company
5
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Revn. Appln. ULP) | Filed against the company by an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax-1, Pune | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax-I, Pune | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax-I Pune | Disposed |
To see the full case history of Minilec (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
Minilec (India) Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 28 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| LPS Bossard Private Limited | |||
| an individual supplier | |||
| Genius Electronics | |||
| an individual supplier |
To see the full MSME payment records of Minilec (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Minilec (India) has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Minilec Protective Relay Pvt Ltd | U31909PN1985PTC036283 |
To see the full group structure of Minilec (India) Private Limited, buy the company report.
Employees & EPFO
Minilec (India) Private Limited has a workforce of 199 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
199
Active EPFO establishments
1
Employee growth
6.99%
GST
Minilec (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2682E1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minilec (India) Private Limited, buy the company report.
Recent activity
Minilec (India) Private Limited has 13 board changes on record since 1992: 5 appointments and 8 cessations. The latest: Ravindra Gopal Nakhate ceased to be Additional Director on 16 Aug 2019.
AGM
Minilec (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 22 Feb 2019 via Charge ID 100244421 with Others was fully satisfied on 13 Aug 2025.
Charges
A charge registered on 05 Sep 2018 via Charge ID 100203346 with Others was fully satisfied on 13 Aug 2025.
Charges
A charge registered on 04 May 2018 via Charge ID 100180782 with Others was fully satisfied on 13 Aug 2025.
Charges
A charge registered on 03 Jan 2025 via Charge ID 101065399 with Others was fully satisfied on 02 May 2025.
Charges
A charge registered on 01 Sep 2023 via Charge ID 100801171 with Others was fully satisfied on 02 May 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.56 Cr with Charge ID 101092231 was registered on 04 Apr 2025.
Filing
Minilec (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 1.20 Cr registered on 03 Jan 2025 with Charge ID 101065399 was modified on 18 Feb 2025.
Charges
A charge with Others amounted to Rs. 1.20 Cr with Charge ID 101065399 was registered on 03 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.83 Cr with Charge ID 100978761 was registered on 26 Aug 2024.
Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100945632 was registered on 18 Jun 2024.
91 earlier events are in the company report.
Frequently asked questions
Minilec (India) is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 January 1992 (34+ years old) and is registered under CIN U51999PN1992PTC065054.
Minilec (India) has 5 current directors:
- Amit Yashavant Ghaisas - Managing Director
- Yashavant Gopal Ghaisas - Whole-Time Director
- Smita Yashwant Ghaisas - Whole-Time Director
- Swati Amit Ghaisas - Whole-Time Director
- Sanjay Ganesh Patwardhan - Whole-Time Director
The latest financial statements of Minilec (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 2015 are in the company report.
The GSTIN of Minilec (India) is 27AABCM2682E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Minilec (India) is U51999PN1992PTC065054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minilec (India) has 5 court cases on record: 5 filed against it. Most are in the high courts.
Minilec (India) was incorporated on 24 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Pune.
Ravindra Gopal Nakhate ceased to be Additional Director on 16 Aug 2019. Sanjay Ganesh Patwardhan ceased to be Additional Director on 16 Aug 2019. Smita Yashwant Ghaisas ceased to be Managing Director on 16 Aug 2019. Minilec (India) has 13 board changes on record in total.
Yes, Minilec (India) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0209725).
Minilec (India) has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 28 overdue payments to 28 micro and small suppliers. The latest return was filed on 04 Jun 2019.
Minilec (India) can be reached through the website minilecgroup.com. Its registered office is in Pune, Maharashtra, India.
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