About Mukand Heavy Machinery Private Limited
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Mukand Heavy Machinery Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Mukand Limited. 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 general-purpose machinery segment of the industrial equipment and machinery sector. It was incorporated on 19 September 2016.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U29100MH2016PTC286029.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Technosys Industrial Machinery Private Limited and Avista Diam & Gold Private Limited. It was led by directors Umesh Vasudeo Joshi and Rajendra Dattaram Sawant.
Its last annual general meeting (AGM) was held on 11 August 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 3rd Floor 226 Bajaj Bhavan Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2023, the company reported a revenue of ₹31,800, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹6,428 (net margin 20.2%) and EBITDA of ₹10,927 (EBITDA margin 34.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
The last known website on record is mukand.com.
Company details
Name history
Mukand Heavy Machinery has undergone 2 name changes throughout its history. The company was previously known as Technosys Industrial Machinery Private Limited, and Avista Diam & Gold Private Limited. The current legal name is Mukand Heavy Machinery Private Limited.
| Company Name | Status |
|---|---|
| Mukand Heavy Machinery Private Limited | Current |
| Technosys Industrial Machinery Private Limited | Previous |
| Avista Diam & Gold Private Limited | Previous |
CIN history
Mukand Heavy Machinery has one previous CIN (Corporate Identification Number): U74999MH2016PTC286029. The current CIN is U29100MH2016PTC286029, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29100MH2016PTC286029 | Current |
| U74999MH2016PTC286029 | Previous |
Contact details
Mukand Heavy Machinery Private Limited's registered office is in Mumbai, Maharashtra. Its website is mukand.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address3rd Floor 226 Bajaj Bhavan Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEquipment & Machinery, General Purposemachinery, Manufacturing
To see the full contact details of Mukand Heavy Machinery 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
Financials of Mukand Heavy Machinery Private Limited
FY 2023 filings availableMukand Heavy Machinery Private Limited reported revenue of ₹31,800 (down 15% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 48% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹10,927 | ||||
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| Net Profit (PAT) | ₹6,428 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.4% | ||||
| Net Profit Margin | 20.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mukand Heavy Machinery Private Limited, buy the company report.
Board of directors of Mukand Heavy Machinery Private Limited
Mukand Heavy Machinery has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Dattaram Sawant Also directs: India Thermal Power Private Limited, Stainless India Ltd, Mukand Heavy Engineering Limited and 2 more | Additional Director | 17 Aug 2023 | 3 Years 2 Months | As last reported |
| Umesh Vasudeo Joshi Also directs: Vidyavihar Containers Limited | Director | 20 Mar 2017 | 9 Years 7 Months | As last reported |
Auditor
Mukand Heavy Machinery Private Limited is audited by N R Sanghrajka & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N R Sanghrajka & Co. | FY 2017 | 129756W |
Shareholding
The shareholding of Mukand Heavy Machinery Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mukand Heavy Machinery Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mukand Heavy Machinery 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 Mukand Heavy Machinery 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 Mukand Heavy Machinery Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mukand Heavy Machinery Private Limited has 8 board changes on record since 2017: 2 appointments and 6 cessations. The latest: Rajendra Dattaram Sawant was appointed as Additional Director on 17 Aug 2023.
News
Frequently asked questions
Mukand Heavy Machinery 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.
Mukand Heavy Machinery was a private limited company based in Mumbai, Maharashtra, India. The company worked in general purposemachinery, within the equipment and machinery industry. It was incorporated on 19 September 2016 and is registered under CIN U29100MH2016PTC286029. The company has been struck off by the Registrar of Companies and is no longer operational.
Mukand Heavy Machinery had 2 directors:
- Rajendra Dattaram Sawant - Additional Director
- Umesh Vasudeo Joshi - Director
The CIN (Corporate Identification Number) of Mukand Heavy Machinery is U29100MH2016PTC286029. 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 Mukand Heavy Machinery is at 3rd Floor 226 Bajaj Bhavan Jamnalal Bajaj Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
Mukand Heavy Machinery was incorporated on 19 September 2016. It is registered with the Registrar of Companies, Mumbai.
Mukand Heavy Machinery can be reached through the website mukand.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Mukand Heavy Machinery on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 11 August 2023. Year-wise statements from FY 2017 are in the company report.
Mukand Heavy Machinery operated in the equipment and machinery industry, in the general purposemachinery segment. It worked in this industry before it was struck off.
Rajendra Dattaram Sawant was appointed as Additional Director on 17 Aug 2023. Prasad Menon ceased to be Additional Director on 12 Jun 2023. Jaiprakash Shitalprasad Shrivastav ceased to be Director on 24 Nov 2022. Mukand Heavy Machinery has 8 board changes on record in total.
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