MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MP-23-0004330
Mulchand Bherulal Infrastructures Private Limited - financial services in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.56 Cr
▲ 870% YoY
Net loss · FY 2025
₹19.4 Lakh
Net margin -12.4%
EBITDA · FY 2025
-₹8.4 Lakh
EBITDA margin -5.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹4.17 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Mulchand Bherulal Infrastructures Private Limited
Data last updated:
Mulchand Bherulal Infrastructures Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 18 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74999MP2017PTC044182. Its GSTIN is 23AALCM3365N1Z2 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rajat Mangal and Rajesh Agrawal.
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 10 – A Sneh Nagar, Indore, Madhya Pradesh, India – 452001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.56 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹19.4 Lakh (net margin -12.4%) and EBITDA of -₹8.4 Lakh (EBITDA margin -5.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 29% over five years.
As per MCA filings, the company has open charges of ₹4.17 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
Mulchand Bherulal Infrastructures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0004330). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ajaxfiorionrent.net.
Company details
CIN U74999MP2017PTC044182
Registration Number 044182
Incorporation Date 18 September 2017
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MP-23-0004330
Key People
Rajat Mangal Director Rajesh Agrawal Director Recognitions & Rankings of Mulchand Bherulal Infrastructures
Contact details
Mulchand Bherulal Infrastructures Private Limited's registered office is in Indore, Madhya Pradesh. Its website is ajaxfiorionrent.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address10 – A Sneh Nagar, Indore, Madhya Pradesh, India – 452001
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Mulchand Bherulal Infrastructures Private Limited, buy the company report.
Comprehensive company report
Mulchand Bherulal Infrastructures 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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Business activity
The main business activity of Mulchand Bherulal Infrastructures is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Mulchand Bherulal Infrastructures Private Limited, buy the company report.
Financials of Mulchand Bherulal Infrastructures Private Limited
FY 2025 filings availableMulchand Bherulal Infrastructures Private Limited reported revenue of ₹1.56 Cr (up 870% YoY) for FY 2025.
Revenue · FY 2025
₹1.56 Cr ▲ 870%
Net loss · FY 2025
₹19.4 Lakh margin -12.4%
EBITDA · FY 2025
-₹8.4 Lakh margin -5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 870%
3 years · compounded
▼ 12%
5 years · compounded
▼ 29%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 55%
5 years · compounded
▼ 16%
Revenue rose 870% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 29%. EBITDA fell 2% 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 | -₹8.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹19.4 Lakh | ||||
| 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 | -5.4% | ||||
| Net Profit Margin | -12.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mulchand Bherulal Infrastructures Private Limited, buy the company report.
Board of directors of Mulchand Bherulal Infrastructures Private Limited
Mulchand Bherulal Infrastructures has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Mangal Also directs: Mulchand Bherulal Crushings Private Limited | Director | 18 Sep 2017 | 9 Years 1 Months | Current |
| Rajesh Agrawal Also directs: Mulchand Bherulal Crushings Private Limited | Director | 18 Sep 2017 | 9 Years 1 Months | Current |
Peer comparison
Mulchand Bherulal Infrastructures Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhatia Cranes Private Limited | ₹1.59 Cr (FY 2023) | 138.0% | Faridabad, Haryana, India | |||
| Uma Metals Private Limited | ₹1.57 Cr (FY 2024) | 55.0% | Kolkata, West Bengal, India | |||
| Mulchand Bherulal Infrastructures Private Limitedthis company | ₹1.56 Cr (FY 2025) | -₹19.4 Lakh | -12.4% | 870.0% | Indore, Madhya Pradesh, India | |
| Edamru Hiring Solutions Private Limited | ₹1.55 Cr (FY 2025) | 188.0% | Ranchi, Jharkhand, India | |||
| Namo Green Enviro Private Limited | ₹1.53 Cr (FY 2025) | 873.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mulchand Bherulal Infrastructures Private Limited, buy the company report.
Auditor
Mulchand Bherulal Infrastructures Private Limited is audited by TANAY JINDAL & COMPANY for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TANAY JINDAL & COMPANY | FY 2021 | 021247C |
Shareholding
The shareholding of Mulchand Bherulal Infrastructures Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mulchand Bherulal Infrastructures Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.17 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2020 | 100403299 | Others | ₹2.77 Lakh | Open | |
| 23 Oct 2020 | 100393977 | Others | ₹2.98 Lakh | Open | |
| 24 Jul 2020 | 100361753 | Tata Capital Financial Services Limited | ₹30.83 Lakh | Open | |
| 09 Jun 2020 | 100341253 | Others | ₹8.78 Lakh | Open | |
| 24 Sep 2019 | 100294214 | Others | ₹30 Lakh | Open |
Total charge records: 8 View all charges
Legal cases
Mulchand Bherulal Infrastructures Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed.
Total cases
4
Filed against the company
4
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Srei Equipment Finance Limited | Disposed |
| District court, East, Delhi | Court case (OMP (I)(COMM.)) | Filed against the company by Toyota Financial Services India Ltd | Disposed |
| District court, South, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Toyota Financial Services India Ltd. | Disposed |
To see the full case history of Mulchand Bherulal Infrastructures 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
No delayed payments to MSME suppliers are on our record for Mulchand Bherulal Infrastructures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mulchand Bherulal Infrastructures has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AALCM3365N1Z2 | Madhya Pradesh | Active | 09 Nov 2017 |
To see the full GST registrations and return filing status of Mulchand Bherulal Infrastructures Private Limited, buy the company report.
Recent activity
Mulchand Bherulal Infrastructures Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Rajat Mangal was appointed as Director on 18 Sep 2017.
AGM
Mulchand Bherulal Infrastructures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mulchand Bherulal Infrastructures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Charges
A charge with Others amounted to Rs. 2.77 Lakh with Charge ID 100403299 was registered on 29 Oct 2020.
Charges
A charge with Others amounted to Rs. 2.98 Lakh with Charge ID 100393977 was registered on 23 Oct 2020.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 30.83 Lakh with Charge ID 100361753 was registered on 24 Jul 2020.
Charges
A charge with Others amounted to Rs. 8.78 Lakh with Charge ID 100341253 was registered on 09 Jun 2020.
Charges
A charge with Others amounted to Rs. 30.00 Lakh with Charge ID 100294214 was registered on 24 Sep 2019.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 265.36 Lakh with Charge ID 100174012 was registered on 31 Mar 2018.
Charges
A charge with Others amounted to Rs. 27.08 Lakh with Charge ID 100157058 was registered on 31 Jan 2018.
Charges
A charge with Others amounted to Rs. 49.16 Lakh with Charge ID 100149581 was registered on 15 Jan 2018.
Appointed
Rajat Mangal was appointed as Director.
Appointed
Rajesh Agrawal was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Mulchand Bherulal Infrastructures is an active private limited company based in Indore, Madhya Pradesh, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 18 September 2017 (9+ years old) and is registered under CIN U74999MP2017PTC044182.
Mulchand Bherulal Infrastructures has 2 current directors:
- Rajat Mangal - Director
- Rajesh Agrawal - Director
The latest financial statements of Mulchand Bherulal Infrastructures 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 2018 are in the company report.
The GSTIN of Mulchand Bherulal Infrastructures is 23AALCM3365N1Z2, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mulchand Bherulal Infrastructures is U74999MP2017PTC044182. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mulchand Bherulal Infrastructures has 4 court cases on record: 4 filed against it.
Mulchand Bherulal Infrastructures was incorporated on 18 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Mulchand Bherulal Infrastructures by revenue are Bhatia Cranes Private Limited, Uma Metals Private Limited, Edamru Hiring Solutions Private Limited, Namo Green Enviro Private Limited, all in the BFSI industry (Machinery and Equipment Leasing), with the same principal business activity (rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities).
Rajat Mangal was appointed as Director on 18 Sep 2017. Rajesh Agrawal was appointed as Director on 18 Sep 2017.
Yes, Mulchand Bherulal Infrastructures is registered as a small enterprise under Udyam registration (number: UDYAM-MP-23-0004330).
Mulchand Bherulal Infrastructures can be reached through the website ajaxfiorionrent.net. Its registered office is in Indore, Madhya Pradesh, India.