- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0002434

About Monocraft Private Limited
Data last updated:
Monocraft Private Limited is a private limited company based in Shapar, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 07 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28999GJ2018PTC102204. Its GSTIN is 24AALCM8198B1Z8 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Milan Mukeshbhai Hingu and Poonam Milan Hingu.
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 Msc Shed – 1 Nr. Ganga Forging Rajkot – Gondal NH – 8B At : Shapar Shapar – Veraval Industrial A, Rea, Gujarat, India – 360024.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.67 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹42.99 Lakh (net margin 2.4%) and EBITDA of ₹1.59 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 63% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Monocraft. As per MCA filings, the company has open charges of ₹6.87 Cr on record.
Monocraft Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0002434). For more details, the company can be reached via its website monocraft.co.in.
Company details
Recognitions & Rankings of Monocraft
Contact details
Monocraft Private Limited's registered office is in Shapar, Gujarat. Its website is monocraft.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMsc Shed – 1 Nr. Ganga Forging Rajkot – Gondal NH – 8B At : Shapar Shapar – Veraval Industrial A, Rea, Gujarat, India – 360024
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Monocraft 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
Brands
Monocraft operates one associated brand: Monocraft. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision machining and forging services for aerospace, agriculture, and other industries. | monocraft.co.in |
Business activity
The main business activity of Monocraft is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Monocraft Private Limited, buy the company report.
Financials of Monocraft Private Limited
FY 2025 filings availableMonocraft Private Limited reported revenue of ₹17.67 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 5% growth in the latest year. EBITDA rose 16% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹42.99 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Monocraft Private Limited, buy the company report.
Board of directors of Monocraft Private Limited
Monocraft has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milan Mukeshbhai Hingu | Director | 30 Mar 2019 | 7 Years 6 Months | Current |
| Poonam Milan Hingu | Director | 30 Mar 2019 | 7 Years 6 Months | Current |
Peer comparison
Monocraft Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vardhaman Engimech Private Limited | ₹17.73 Cr (FY 2024) | 39.0% | Shapar Veraval, Gujarat, India | |||
| Alasco Springs Private Limited | ₹17.71 Cr (FY 2025) | 17.0% | Rewari, Haryana, India | |||
| Monocraft Private Limitedthis company | ₹17.67 Cr (FY 2024) | ₹42.99 Lakh | 2.4% | 5.0% | 15 | Shapar, Gujarat, India |
| Akaar Founders Private Limited | ₹17.62 Cr (FY 2024) | -42.0% | Bag Belgaum, Karnataka, India |
To see the full peer comparison of Monocraft Private Limited, buy the company report.
Auditor
Monocraft Private Limited is audited by I S Solanki & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| I S Solanki & Co. | FY 2023 | 161372 |
Shareholding
The shareholding of Monocraft 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 Monocraft Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2024 | 100981620 | Others | ₹1.5 Cr | Open | |
| 03 Jun 2024 | 100927425 | Others | ₹1 Cr | Open | |
| 30 Mar 2024 | 100905784 | Hdfc Bank Limited | ₹32.24 Lakh | Open | |
| 29 Aug 2023 | 100828699 | Others | ₹1.28 Cr | Open | |
| 28 Aug 2023 | 100782050 | Others | ₹1.28 Cr | Open |
To see the full charge records of Monocraft Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Monocraft 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
Monocraft Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 9 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Devanshi Engineers | |||
| Uma Enterprise | |||
| an individual supplier | |||
| an individual supplier | |||
| Shining Tools Limited |
To see the full MSME payment records of Monocraft Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Monocraft Private Limited has a workforce of 15 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Monocraft has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AALCM8198B1Z8 | Gujarat | Active | 20 Jun 2018 |
To see the full GST registrations and return filing status of Monocraft Private Limited, buy the company report.
Recent activity
Monocraft Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Nilesh Shambhubhai Moliya ceased to be Director on 12 Sep 2019.
3 earlier events are in the company report.
Frequently asked questions
Monocraft is an active private limited company based in Shapar, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 07 May 2018 (8+ years old) and is registered under CIN U28999GJ2018PTC102204.
Monocraft has 2 current directors:
- Milan Mukeshbhai Hingu - Director
- Poonam Milan Hingu - Director
The latest financial statements of Monocraft 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 FY 2019 are in the company report.
The GSTIN of Monocraft is 24AALCM8198B1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Monocraft is U28999GJ2018PTC102204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Monocraft was incorporated on 07 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Monocraft by revenue are Vardhaman Engimech Private Limited, Alasco Springs Private Limited, Akaar Founders Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Nilesh Shambhubhai Moliya ceased to be Director on 12 Sep 2019. Vijay Bhikhabhai Vora ceased to be Director on 12 Sep 2019. Milan Mukeshbhai Hingu was appointed as Director on 30 Mar 2019. Monocraft has 4 board changes on record in total.
Yes, Monocraft is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0002434).
Monocraft has 1 MSME Form 1 return on record for the period ending Sep 2019, listing 9 overdue payments to 8 micro and small suppliers. The latest return was filed on 25 Oct 2019.
Monocraft can be reached through the website monocraft.co.in. Its registered office is in Shapar, Gujarat, India.
The registered office of Monocraft is at Msc Shed – 1 Nr. Ganga Forging Rajkot – Gondal NH – 8B At : Shapar Shapar – Veraval Industrial A, Rea, Gujarat, India – 360024.