Mipox Abrasives India Private Limited

Mipox Abrasives India Private Limited - packaging in Nelamangala, Karnataka, India. FY 2026 financials & compliance.
CIN U29253KA2012FTC064931 Incorporated 20 July 2012 ROC Bangalore HQ Nelamangala, Karnataka, India
Active Foreign Private Limited Company packaging MSME · Small
Revenue · FY 2025
₹15.84 Cr
▲ 9% YoY
Net profit · FY 2025
₹2.28 Cr
Net margin 14.4%
EBITDA · FY 2025
₹3.66 Cr
EBITDA margin 23.1%
Authorised capital
₹15.1 Cr
Registered with MCA
Paid-up capital
₹9.87 Cr
Issued & subscribed
Company age
14 yrs
Est. 2012
Directors on board
2
As per MCA filings
Brands
1
Associated brands

About Mipox Abrasives India Private Limited

Data last updated:

Mipox Abrasives India Private Limited is a foreign private limited company based in Nelamangala, Karnataka, India, a subsidiary of Mipox Corporation, Japan. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 20 July 2012 and has been in existence for over 14 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2012FTC064931.

The company has an authorised share capital of ₹15.1 Cr and a paid-up capital of ₹9.87 Cr. It is led by directors Saravanan Venkatachalam (Managing Director) and Nachiyappan Krishnan.

Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 102 – A Sompura Industrial Area, Nelamangala Taluk Bengaluru, Karnataka, India – 562132.

As per the financials filed for FY 2025, the company reported a revenue of ₹15.84 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.28 Cr (net margin 14.4%) and EBITDA of ₹3.66 Cr (EBITDA margin 23.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 23% over five years.

The company is associated with 1 brand: Mipox. Court records list 3 cases involving the company, including 3 filed by the company. The company has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.93 Cr; the latest was in June 2015.

Mipox Abrasives India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054730). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mipox.co.jp.

Company details

CIN U29253KA2012FTC064931
Registration Number 064931
Incorporation Date 20 July 2012
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Mipox Corporation, Japan
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0054730
Key People
Saravanan Venkatachalam Managing Director Nachiyappan Krishnan Director

Recognitions & Rankings of Mipox Abrasives India

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0054730

Contact details

Mipox Abrasives India Private Limited's registered office is in Nelamangala, Karnataka. Its website is mipox.co.jp. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mipox.co.jp
  • Registered Address
    Plot No 102 – A Sompura Industrial Area, Nelamangala Taluk Bengaluru, Karnataka, India – 562132
  • Industry
    Packaging, Packaging Films & Foils

To see the full contact details of Mipox Abrasives India Private Limited, buy the company report.

Comprehensive company report
Mipox Abrasives 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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Brands

Mipox Abrasives India operates one associated brand: Mipox. Each brand links to its own profile.

BrandDescriptionWebsite
Mipox
Manufacturer of polishing films and liquid used for semiconductors & computer headsmipox.co.jp

Business activity

The main business activity of Mipox Abrasives India is financial and insurance service. In detail, this covers life/non-life insurance and reinsurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance ServiceK3Life/Non-life Insurance and Reinsurance activities

To see the full business activity and turnover split of Mipox Abrasives India Private Limited, buy the company report.

Financials of Mipox Abrasives India Private Limited

FY 2025 filings available

Mipox Abrasives India Private Limited reported revenue of ₹15.84 Cr (up 9% YoY) for FY 2025.

Revenue · FY 2025
₹15.84 Cr ▲ 9%
Net profit · FY 2025
₹2.28 Cr margin 14.4%
EBITDA · FY 2025
₹3.66 Cr margin 23.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 18%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 94%
3 years · compounded
▲ 34%
5 years · compounded
▲ 81%

Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 9% growth in the latest year. EBITDA rose 94% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹3.66 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.28 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin23.1%
Net Profit Margin14.4%
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 Mipox Abrasives India Private Limited, buy the company report.

Board of directors of Mipox Abrasives India Private Limited

Mipox Abrasives India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nachiyappan KrishnanDirector22 Sep 20233 Years 1 MonthsCurrent
Saravanan VenkatachalamManaging Director01 Apr 20215 Years 7 MonthsCurrent
View all directors

Auditor

Mipox Abrasives India Private Limited is audited by For M/s VENKAT & VASAN Chartered Accountants for the financial year 2023.

Auditor firmFinancial yearFirm registration number
For M/s VENKAT & VASAN Chartered AccountantsFY 2023004598S

Shareholding

The shareholding of Mipox Abrasives 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mipox Abrasives India Private Limited, buy the company report.

Deals & funding

Mipox Abrasives India Private Limited has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.93 Cr; the latest was in June 2015.

Total deals
3
Funding round
1
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹3.93 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Jun 2015Rights issue₹2.4 CrInvestors: Mipox Corporation
Mar 2014Secondary share transferUndisclosedBuyer: Mipox Corporation
Seller: Nihon Micro Coating Co Limited
Nov 2013Funding round₹3.93 CrInvestors: Mipox Corporation, Nihon Micro Coating Co Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Mipox Abrasives India 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 Mipox Abrasives India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Mipox Abrasives India Private Limited has 14 board changes on record since 2013: 2 appointments and 12 cessations. The latest: Nachiyappan Krishnan ceased to be Additional Director on 08 Sep 2024.

AGM
Mipox Abrasives India Private Limited last Annual general meeting of members was held on 09 Sep 2025 as per latest MCA records.
Filing
Mipox Abrasives India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Nachiyappan Krishnan ceased to be Additional Director.
Ceased
Siddesh Rudrumuniyappa Kori ceased to be Director.
Appointed
Nachiyappan Krishnan was appointed as Director.
Ceased
Jun Watanabe ceased to be Director.
Appointed
Saravanan Venkatachalam was appointed as Managing Director.
Ceased
Kuteshwar Raghavendra Rao ceased to be Additional Director.
Ceased
Muthuramalingam Padalingam ceased to be Director.
Ceased
Passang Yolmo ceased to be Director.
Ceased
Sarvik Singhai ceased to be Company Secretary.
Ceased
Kuan Heng Ng ceased to be Additional Director.

5 earlier events are in the company report.

News

TABLE-Mipox -Q1 group results
07 Aug 2026 · Reuters
TABLE-Mipox - 9-MTH group results
13 Feb 2026 · Reuters
TABLE-Mipox - 6-MTH group results
14 Nov 2025 · Reuters
TABLE-Mipox - 6-MTH group results
14 Nov 2024 · Reuters
TABLE-Mipox -Q1 group results
09 Aug 2024 · Reuters

Frequently asked questions

Mipox Abrasives India is an active foreign private limited company based in Nelamangala, Karnataka, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 20 July 2012 (14+ years old) and is registered under CIN U29253KA2012FTC064931.

Mipox Abrasives India has 2 current directors:

The latest financial statements of Mipox Abrasives India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 09 September 2025. Year-wise statements from 2015 are in the company report.

The CIN (Corporate Identification Number) of Mipox Abrasives India is U29253KA2012FTC064931. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mipox Abrasives India has 3 court cases on record: 3 filed by the company.

Mipox Abrasives India was incorporated on 20 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.

Mipox Abrasives India has 3 deals on record (1 funding round, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹3.93 Cr; the latest was in June 2015.

Nachiyappan Krishnan ceased to be Additional Director on 08 Sep 2024. Siddesh Rudrumuniyappa Kori ceased to be Director on 17 Oct 2023. Nachiyappan Krishnan was appointed as Director on 22 Sep 2023. Mipox Abrasives India has 14 board changes on record in total.

Yes, Mipox Abrasives India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0054730).

Mipox Abrasives India can be reached through the website mipox.co.jp. Its registered office is in Nelamangala, Karnataka, India.