About Kelvion India Private Limited
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Kelvion India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Kelvion Phe Gmbh. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28129PN2005PTC140270. Its GSTIN is 27AACCG3264H1ZO (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹6.05 Lakh. It was formerly known as Gea Ecoflex India Private Limited. It is led by directors including Amit Dinesh Bhalerao (Managing Director) and Mark James Morgan Bevan.
Its last annual general meeting (AGM) was held on 24 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. A – 31/32 Nighoje Chakan, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2025, the company reported a revenue of ₹347.89 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹30.25 Cr (net margin 8.7%) and EBITDA of ₹43.97 Cr (EBITDA margin 12.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
The company has about 240 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kelvion. As per MCA filings, the company has open charges of ₹50.1 Cr and satisfied charges of ₹40 Cr on record. Court records list 78 cases involving the company, including 61 filed by the company and 17 filed against it; 6 cases are pending. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.77 Cr; the latest was in December 2020. Its 3 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Flaktgroup India Private Limited with revenue of ₹352.6 Cr. The company has 6 MSME Form 1 returns on record between 2018 and 2020, listing 805 overdue payments to 33 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kelvion.com.
Company details
CIN history
Kelvion India has one previous CIN (Corporate Identification Number): U28129MH2005PTC152198. The current CIN is U28129PN2005PTC140270, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28129PN2005PTC140270 | Current |
| U28129MH2005PTC152198 | Previous |
Contact details
Kelvion India Private Limited's registered office is in Pune, Maharashtra. Its website is kelvion.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. A – 31/32 Nighoje Chakan, Pune, Maharashtra, India – 410501
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Kelvion India 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
Kelvion India operates one associated brand: Kelvion. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Heat exchange solutions are manufactured for diverse industries. | kelvion.com |
Business activity
The main business activity of Kelvion India 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 Kelvion India Private Limited, buy the company report.
Financials of Kelvion India Private Limited
FY 2024 filings availableKelvion India Private Limited reported revenue of ₹347.89 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 50% 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 |
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| Total Expenses | |||||
| EBITDA | ₹43.97 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.25 Cr | ||||
| Balance Sheet | |||||
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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 | 12.6% | ||||
| Net Profit Margin | 8.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Kelvion India Private Limited, buy the company report.
Board of directors of Kelvion India Private Limited
Kelvion India has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark James Morgan Bevan | Director | 14 Sep 2023 | 3 Years 1 Months | Current |
| Harald Goessl | Director | 14 Nov 2019 | 6 Years 11 Months | Current |
| Shreepad Prakash Khare | Director | 07 Oct 2021 | 5 Years 1 Months | Current |
| Amit Dinesh Bhalerao | Managing Director | 01 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
Kelvion India Private Limited is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Flaktgroup India Private Limited | ₹352.6 Cr (FY 2025) | 63.0% | New Delhi, Delhi, India | |||
| Kelvion India Private Limitedthis company | ₹347.89 Cr (FY 2025) | ₹30.25 Cr | 8.7% | 10.0% | 240 | Pune, Maharashtra, India |
| TPS Infrastructure Limited | ₹338.34 Cr (FY 2025) | 30.0% | New Delhi, Delhi, India | |||
| A R B Bearings Limited | ₹336.92 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kelvion India Private Limited, buy the company report.
Auditor
Kelvion India Private Limited is audited by Kalyaniwalla & Mistry LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kalyaniwalla & Mistry LLP | FY 2022 | 104607W/W100166 |
Shareholding
The shareholding of Kelvion 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 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 Kelvion India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Sep 2024 | 100985546 | Others | ₹50 Cr | Open | |
| 25 Aug 2023 | 100779017 | Others | ₹10 Lakh | Open | |
| 04 Mar 2022 | 100563641 | Others | ₹15 Cr | Satisfied | |
| 15 Jul 2021 | 100459471 | Others | ₹25 Cr | Satisfied |
To see the full charge records of Kelvion India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Kelvion India Private Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.77 Cr; the latest was in December 2020.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Rights issue | ₹42.68 Cr | Investors: Kelvion PHE GmbH |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Kelvion PHE GmbH Seller: Gea Ecoflex Gmbh |
| Sep 2014 | Rights issue | ₹78.36 Cr | Investors: Gea Ecoflex Gmbh |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Gea Ecoflex Gmbh Seller: Gea Ecoflex Gmbh & Mik Hansen, Gea Ecoflex Gmbh & Virendra Jhamb |
| Oct 2009 | Funding round | ₹2.77 Cr | Investors: Gea Ecoflex Gmbh |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kelvion India Private Limited has 78 court cases on record: 61 filed by Kelvion India, 17 filed against it. 6 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 44 | 2 | 3 |
| District courts | 33 | 14 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Revision petition | Filed against the company by M/S.Cubex Tubings Ltd | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by Cubex Tubings Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Jaydeep Tubes Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Pending |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Pending |
To see the full case history of Kelvion India Private Limited, 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
Kelvion India Private Limited has 6 MSME Form 1 returns on record between 2018 and 2020, listing 805 overdue payments to 33 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 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Laxmi Hydraulics Pvt Ltd | |||
| TRP Sealing Systems (India) Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Superweld Sources Private Limited |
To see the full MSME payment records of Kelvion India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kelvion India Private Limited has a workforce of 240 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Kelvion India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG3264H1ZO | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kelvion India Private Limited, buy the company report.
Recent activity
Kelvion India Private Limited has 18 board changes on record since 2009: 4 appointments and 14 cessations. The latest: Amit Dinesh Bhalerao was appointed as Managing Director on 01 Jan 2025.
18 earlier events are in the company report.
Frequently asked questions
Kelvion India is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 March 2005 (21+ years old) and is registered under CIN U28129PN2005PTC140270.
Kelvion India has 4 current directors:
- Amit Dinesh Bhalerao - Managing Director
- Mark James Morgan Bevan - Director
- Harald Goessl - Director
- Shreepad Prakash Khare - Director
The latest financial statements of Kelvion India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 24 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kelvion India is 27AACCG3264H1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Kelvion India is U28129PN2005PTC140270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kelvion India has 78 court cases on record: 61 filed by the company and 17 filed against it. 6 are pending. Most are in the high courts.
Kelvion India was incorporated on 24 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
Kelvion India has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹2.77 Cr; the latest was in December 2020.
The peers of Kelvion India by revenue are Flaktgroup India Private Limited, TPS Infrastructure Limited, A R B Bearings Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Amit Dinesh Bhalerao was appointed as Managing Director on 01 Jan 2025. Amit Dinesh Bhalerao ceased to be Additional Director on 01 Jan 2025. Mark James Morgan Bevan ceased to be Additional Director on 28 Sep 2023. Kelvion India has 18 board changes on record in total.
Kelvion India has 6 MSME Form 1 returns on record between 2018 and 2020, listing 805 overdue payments to 33 micro and small suppliers. The latest return was filed on 09 May 2020.
Kelvion India can be reached through the website kelvion.com. Its registered office is in Pune, Maharashtra, India.
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