Minimalance Design Private Limited
About Minimalance Design Private Limited
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Minimalance Design Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the csw professional segment of the business services sector. It was incorporated on 19 June 2014.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36100GJ2014PTC079841. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Hardik Kankeshbhai Bhatt and Kankesh Pramodray Bhatt.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 35 Aswamegh Bunglows Part – 3 132 Ft Ring Road Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2017, the company reported a revenue of ₹25.39 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹9.15 Lakh (net margin -36%) and EBITDA of -₹7.5 Lakh (EBITDA margin -29.5%).
Company details
Contact details
Minimalance Design Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address35 Aswamegh Bunglows Part – 3 132 Ft Ring Road Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryBusiness Services, Csw Professional, Scientific And Technical Activities
To see the full contact details of Minimalance Design Private Limited, 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 Minimalance Design is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Minimalance Design Private Limited, buy the company report.
Financials of Minimalance Design Private Limited
FY 2017 filings availableMinimalance Design Private Limited reported revenue of ₹25.39 Lakh (down 53% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 53% in the latest year. EBITDA fell 609% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹25.39 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹7.5 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹9.15 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -29.5% | ||
| Net Profit Margin | -36% | ||
| 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 Minimalance Design Private Limited, buy the company report.
Board of directors of Minimalance Design Private Limited
Minimalance Design has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Kankeshbhai Bhatt | Director | 19 Jun 2014 | 12 Years 4 Months | As last reported |
| Kankesh Pramodray Bhatt | Director | 19 Jun 2014 | 12 Years 4 Months | As last reported |
Peer comparison
Minimalance Design Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kleangreen India Sustainables Private Limited | ₹25.54 Lakh (FY 2025) | 291.0% | Bangalore, Karnataka, India | |||
| Miracle Packaging Private Limited | ₹25.47 Lakh (FY 2024) | -10.0% | Indore, Madhya Pradesh, India | |||
| Furniture Boutiq Private Limited | ₹25.45 Lakh (FY 2024) | 2613.0% | Jodhpur, Rajasthan, India | |||
| Mumal Art Private Limited | ₹25.45 Lakh (FY 2025) | -64.0% | Mumbai, Maharashtra, India | |||
| Nandi Soaps Private Limited | ₹25.45 Lakh (FY 2025) | Raxaul, Bihar, India | ||||
| Minimalance Design Private Limitedthis company | ₹25.39 Lakh (FY 2017) | -₹9.15 Lakh | -36% | -53.0% | Ahmedabad, Gujarat, India | |
| Igmas Solutions India Private Limited | ₹25.37 Lakh (FY 2023) | -69.0% | Sadhashivanagar, Karnataka, India | |||
| Sudarshan Flexible Packaging Private Limited | ₹25.29 Lakh (FY 2024) | -88.0% | Mumbai, Maharashtra, India | |||
| Keshav Flexipack Private Limited | ₹25.08 Lakh (FY 2025) | 15069.0% | Kanpur, Uttar Pradesh, India | |||
| Corru Pack India Private Limited | ₹25.02 Lakh (FY 2022) | -51.0% | Ps Bela, Bihar, India | |||
| Prasad Premier Paper Products Private Limited | ₹24.95 Lakh (FY 2025) | 77.0% | Delhi, India |
To see the full peer comparison of Minimalance Design Private Limited, buy the company report.
Auditor
Minimalance Design Private Limited is audited by NIRJA PATEL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIRJA PATEL | FY 2017 | 150781 |
Shareholding
The shareholding of Minimalance Design Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Minimalance Design Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Minimalance Design 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 Minimalance Design Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Minimalance Design has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Minimalance Design Private Limited, buy the company report.
Recent activity
Minimalance Design Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Hardik Kankeshbhai Bhatt was appointed as Director on 19 Jun 2014.
Frequently asked questions
Minimalance Design has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Minimalance Design was a private limited company based in Ahmedabad, Gujarat, India. The company worked in csw professional, within the business services industry. It was incorporated on 19 June 2014 and is registered under CIN U36100GJ2014PTC079841. The company has been struck off by the Registrar of Companies and is no longer operational.
Minimalance Design had 2 directors:
- Hardik Kankeshbhai Bhatt - Director
- Kankesh Pramodray Bhatt - Director
The CIN (Corporate Identification Number) of Minimalance Design is U36100GJ2014PTC079841. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Minimalance Design is at 35 Aswamegh Bunglows Part – 3 132 Ft Ring Road Satellite, Ahmedabad, Gujarat, India – 380015.
Minimalance Design was incorporated on 19 June 2014. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Minimalance Design on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Minimalance Design has 1 GST registration on record and it is cancelled or inactive.
Minimalance Design operated in the business services industry, in the csw professional segment. It worked in this industry before it was struck off.
The peers of Minimalance Design by revenue are Kleangreen India Sustainables Private Limited, Miracle Packaging Private Limited, Furniture Boutiq Private Limited, Mumal Art Private Limited, Nandi Soaps Private Limited and 5 more, all in the same principal business activity (wood and wood products, furniture, paper and paper products).
Hardik Kankeshbhai Bhatt was appointed as Director on 19 Jun 2014. Kankesh Pramodray Bhatt was appointed as Director on 19 Jun 2014.
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