MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0038627
Modern Industrial Equipments Private Limited - chemicals and materials in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.39 Cr
▼ 41% YoY
Net profit · FY 2025
₹8.09 Lakh
Net margin 5.8%
EBITDA · FY 2025
₹14.87 Lakh
EBITDA margin 10.7%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.1 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
6
As per MCA filings
About Modern Industrial Equipments Private Limited
Data last updated:
Modern Industrial Equipments Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial and specialty gases segment of the chemicals and materials sector. It was incorporated on 23 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH2007PTC175306. Its GSTIN is 27AAFCM2866E1ZF (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prashant Kewalram Nihalani and Gobindram Jhamandas Joukani.
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 Plot No – 7/11rd No 33 Wagle Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.39 Cr, a decline of 41% compared to the previous year. For the same year it recorded a net profit of ₹8.09 Lakh (net margin 5.8%) and EBITDA of ₹14.87 Lakh (EBITDA margin 10.7%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 30% over five years.
The company is associated with 1 brand: Modern Gas. As per MCA filings, the company has open charges of ₹1.1 Cr on record.
Modern Industrial Equipments Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0038627). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website moderngases.com.
Company details
CIN U29299MH2007PTC175306
Registration Number 175306
Incorporation Date 23 October 2007
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0038627
Key People
Prashant Kewalram Nihalani Director Gobindram Jhamandas Joukani Director Sneha Rajesh Moolchandani Director Recognitions & Rankings of Modern Industrial Equipments
Contact details
Modern Industrial Equipments Private Limited's registered office is in Thane, Maharashtra. Its website is moderngases.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 7/11rd No 33 Wagle Estate, Thane, Maharashtra, India – 400604
- IndustryChemicals and Materials, Industrial & Specialty Gases
To see the full contact details of Modern Industrial Equipments Private Limited, buy the company report.
Comprehensive company report
Modern Industrial Equipments 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
Modern Industrial Equipments operates one associated brand: Modern Gas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of industrial gases, welding accessories, and safety products in India. | moderngases.com |
Business activity
The main business activity of Modern Industrial Equipments is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Modern Industrial Equipments Private Limited, buy the company report.
Financials of Modern Industrial Equipments Private Limited
FY 2025 filings availableModern Industrial Equipments Private Limited reported revenue of ₹1.39 Cr (down 41% YoY) for FY 2025.
Revenue · FY 2025
₹1.39 Cr ▼ 41%
Net profit · FY 2025
₹8.09 Lakh margin 5.8%
EBITDA · FY 2025
₹14.87 Lakh margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 29%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▼ 64%
3 years · compounded
▼ 16%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 41% fall in the latest year. EBITDA fell 64% 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 | ₹14.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.09 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 5.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Modern Industrial Equipments Private Limited, buy the company report.
Board of directors of Modern Industrial Equipments Private Limited
Modern Industrial Equipments has 6 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Kewalram Nihalani Also directs: Industry Consumable LLP, NTL Specialty LLP, Aero Flows Specialty Private Limited and 4 more | Director | 26 Jun 2009 | 17 Years 4 Months | Current |
| Gobindram Jhamandas Joukani | Director | 02 Apr 2008 | 18 Years 7 Months | Current |
| Sneha Rajesh Moolchandani | Director | 01 Jun 2009 | 17 Years 5 Months | Current |
| Rajesh Moolchandani Tolaram | Director | 23 Oct 2007 | 19 Years 0 Months | Current |
| Kamlesh Hiranand Nihalani | Director | 23 Oct 2007 | 19 Years 0 Months | Current |
| Kavita Gobindram Joukani | Director | 23 Oct 2007 | 19 Years 0 Months | Current |
Auditor
Modern Industrial Equipments Private Limited is audited by REKHANK V SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| REKHANK V SHAH & CO | FY 2022 | 114141W |
Shareholding
The shareholding of Modern Industrial Equipments Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Modern Industrial Equipments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2017 | 100143453 | Hdfc Bank Limited | ₹1.1 Cr | Open |
To see the full charge records of Modern Industrial Equipments Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Modern Industrial Equipments 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 Modern Industrial Equipments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Modern Industrial Equipments has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM2866E1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Modern Industrial Equipments Private Limited, buy the company report.
Recent activity
Modern Industrial Equipments Private Limited has 6 board changes on record since 2007: 6 appointments. The latest: Prashant Kewalram Nihalani was appointed as Director on 26 Jun 2009.
AGM
Modern Industrial Equipments Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Modern Industrial Equipments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with Hdfc Bank Limited of Rs. 110.00 Lakh registered on 21 Sep 2017 with Charge ID 100143453 was modified on 23 Jan 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 110.00 Lakh with Charge ID 100143453 was registered on 21 Sep 2017.
Appointed
Prashant Kewalram Nihalani was appointed as Director.
Appointed
Sneha Rajesh Moolchandani was appointed as Director.
Appointed
Gobindram Jhamandas Joukani was appointed as Director.
Appointed
Kamlesh Hiranand Nihalani was appointed as Director.
Appointed
Kavita Gobindram Joukani was appointed as Director.
Appointed
Rajesh Moolchandani Tolaram was appointed as Director.
Incorporation
23 Oct 2007
Modern Industrial Equipments Private Limited was registered on 23 Oct 2007 with Roc Mumbai Ii & aged 19 years 21 days as per MCA records.
Frequently asked questions
Modern Industrial Equipments is an active private limited company based in Thane, Maharashtra, India. The company works in industrial and specialty gases, within the chemicals and materials industry. It was incorporated on 23 October 2007 (19+ years old) and is registered under CIN U29299MH2007PTC175306.
Modern Industrial Equipments has 6 current directors:
- Prashant Kewalram Nihalani - Director
- Gobindram Jhamandas Joukani - Director
- Sneha Rajesh Moolchandani - Director
- Rajesh Moolchandani Tolaram - Director
- Kamlesh Hiranand Nihalani - Director
- Kavita Gobindram Joukani - Director
The latest financial statements of Modern Industrial Equipments 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 Modern Industrial Equipments is 27AAFCM2866E1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Modern Industrial Equipments is U29299MH2007PTC175306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Modern Industrial Equipments was incorporated on 23 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Prashant Kewalram Nihalani was appointed as Director on 26 Jun 2009. Sneha Rajesh Moolchandani was appointed as Director on 01 Jun 2009. Gobindram Jhamandas Joukani was appointed as Director on 02 Apr 2008. Modern Industrial Equipments has 6 board changes on record in total.
Yes, Modern Industrial Equipments is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0038627).
Modern Industrial Equipments can be reached through the website moderngases.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Modern Industrial Equipments is at Plot No – 711rd No 33 Wagle Estate, Thane, Maharashtra, India – 400604.
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