About Minilec Protective Relay Pvt Ltd
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Minilec Protective Relay Pvt Ltd is a private limited company based in Pune, Maharashtra, India, a subsidiary of Minilec (India) Private Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 May 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN1985PTC036283. Its GSTIN is 27AABCM2684C1ZN (Maharashtra).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.02 Lakh. It is led by directors including Yashavant Gopal Ghaisas and Smita Yashwant Ghaisas.
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 Pirangoottal Mulshi Dist Pune Pirangoot, Maharashtra, India – 412111.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.68 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹13.38 Lakh (net margin 5%) and EBITDA of ₹19.47 Lakh (EBITDA margin 7.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.65 Cr and satisfied charges of ₹17.33 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 minilecgroup.com.
Company details
Contact details
Minilec Protective Relay Pvt Ltd'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
- Registered Address1073/123 Pirangoottal Mulshi Dist Pune Pirangoot, Maharashtra, India – 412111
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Minilec Protective Relay Pvt Ltd, 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 Minilec Protective Relay is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Minilec Protective Relay Pvt Ltd, buy the company report.
Financials of Minilec Protective Relay Pvt Ltd
FY 2025 filings availableMinilec Protective Relay Pvt Ltd reported revenue of ₹2.68 Cr (down 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 17% fall in the latest year. EBITDA fell 35% 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 |
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| EBITDA | ₹19.47 Lakh | ||||
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| Net Profit (PAT) | ₹13.38 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 5% | ||||
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To see the full financial statements and ratios of Minilec Protective Relay Pvt Ltd, buy the company report.
Board of directors of Minilec Protective Relay Pvt Ltd
Minilec Protective Relay has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yashavant Gopal Ghaisas | Director | 05 Jul 2019 | 7 Years 3 Months | Current |
| Smita Yashwant Ghaisas | Director | 20 Jul 2019 | 7 Years 3 Months | Current |
| Sanjay Ganesh Patwardhan Also directs: Minilec (India) Private Limited | Director | 28 Apr 2015 | 11 Years 5 Months | Current |
Auditor
Minilec Protective Relay Pvt Ltd is audited by U V Bodas & Co. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U V Bodas & Co. | FY 2022 | 041343 |
Shareholding
The shareholding of Minilec Protective Relay Pvt Ltd 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 Minilec Protective Relay Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2025 | 101120409 | Axis Bank Limited | ₹11.56 Cr | Open | |
| 01 Mar 2008 | 10100283 | The Saraswat Co-Operative Bank Ltd | ₹84 Lakh | Open | |
| 29 Apr 2003 | 90092162 | The Saraswat Coop. Bank Ltd. | ₹25 Lakh | Open | |
| 18 Feb 2025 | 101074737 | Others | ₹1.2 Cr | Satisfied | |
| 01 Sep 2023 | 100800986 | Others | ₹3.91 Cr | Satisfied |
To see the full charge records of Minilec Protective Relay Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Legal cases
Minilec Protective Relay Pvt Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
To see the full case history of Minilec Protective Relay Pvt Ltd, 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 Minilec Protective Relay Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minilec Protective Relay Pvt Ltd has a workforce of 8 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Minilec Protective Relay has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM2684C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minilec Protective Relay Pvt Ltd, buy the company report.
Recent activity
Minilec Protective Relay Pvt Ltd has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Ravindra Gopal Nakhate ceased to be Director on 27 Jun 2022.
10 earlier events are in the company report.
Frequently asked questions
Minilec Protective Relay is an active private limited company based in Pune, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 May 1985 (41+ years old) and is registered under CIN U31909PN1985PTC036283.
Minilec Protective Relay has 3 current directors:
- Yashavant Gopal Ghaisas - Director
- Smita Yashwant Ghaisas - Director
- Sanjay Ganesh Patwardhan - Director
The latest financial statements of Minilec Protective Relay 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 Protective Relay is 27AABCM2684C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Minilec Protective Relay is U31909PN1985PTC036283. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minilec Protective Relay has 1 court case on record: 1 filed against it.
Minilec Protective Relay was incorporated on 20 May 1985, making it 41+ years old. It is registered with the Registrar of Companies, Pune.
Ravindra Gopal Nakhate ceased to be Director on 27 Jun 2022. Yashavant Gopal Ghaisas ceased to be Additional Director on 30 Sep 2019. Smita Yashwant Ghaisas was appointed as Director on 20 Jul 2019. Minilec Protective Relay has 8 board changes on record in total.
Minilec Protective Relay can be reached through the website minilecgroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Minilec Protective Relay is at 1073123 Pirangoottal Mulshi Dist Pune Pirangoot, Maharashtra, India – 412111.