MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0005047
Multi Fastners Private Limited - machinery and equipment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹14.07 Cr
▼ 10% YoY
Net profit · FY 2025
₹1.75 Cr
Net margin 12.5%
EBITDA · FY 2025
₹2.63 Cr
EBITDA margin 18.7%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹19.65 Lakh
Issued & subscribed
Open charges
₹60.15 Lakh
Satisfied ₹4 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
38
Provident fund records
About Multi Fastners Private Limited
Data last updated:
Multi Fastners Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 15 March 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24222GJ1990PTC013501. Its GSTIN is 24AABCM3424A1Z9 (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹19.65 Lakh. It is led by directors including Girdharbhai Ramjibhai Patel (Whole-Time Director) and Mayank Ishwarlal Dave (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 986/11 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.07 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.75 Cr (net margin 12.5%) and EBITDA of ₹2.63 Cr (EBITDA margin 18.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹60.15 Lakh and satisfied charges of ₹4 Cr on record.
Multi Fastners Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0005047). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website multifastners.net.
Company details
CIN U24222GJ1990PTC013501
Registration Number 013501
Incorporation Date 15 March 1990
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 19 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0005047
Key People
Girdharbhai Ramjibhai Patel Whole-Time Director Mayank Ishwarlal Dave Whole-Time Director Kirit Dalsukhbhai Patel Director Recognitions & Rankings of Multi Fastners
Contact details
Multi Fastners Private Limited's registered office is in Vadodara, Gujarat. Its website is multifastners.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address986/11 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Multi Fastners Private Limited, buy the company report.
Comprehensive company report
Multi Fastners 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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Secure checkout · GST invoice included
Business activity
The main business activity of Multi Fastners 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 Multi Fastners Private Limited, buy the company report.
Financials of Multi Fastners Private Limited
FY 2025 filings availableMulti Fastners Private Limited reported revenue of ₹14.07 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹14.07 Cr ▼ 10%
Net profit · FY 2025
₹1.75 Cr margin 12.5%
EBITDA · FY 2025
₹2.63 Cr margin 18.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 5%
5 years · compounded
▲ 2%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 10% fall in the latest year. EBITDA fell 13% 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 | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.75 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 18.7% | ||||
| Net Profit Margin | 12.5% | ||||
| 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 Multi Fastners Private Limited, buy the company report.
Board of directors of Multi Fastners Private Limited
Multi Fastners has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girdharbhai Ramjibhai Patel Also directs: Ecs Industries Private Limited | Whole-Time Director | 15 Mar 1990 | 36 Years 7 Months | Current |
| Mayank Ishwarlal Dave | Whole-Time Director | 15 Mar 1990 | 36 Years 7 Months | Current |
| Kirit Dalsukhbhai Patel Also directs: Greenbrilliance Renewable Energy LLP, Ecs Industries Private Limited, Baroda Moulds & Dies Private Limited and 5 more | Director | 15 Mar 1990 | 36 Years 7 Months | Current |
| Shaileshkumar Rasiklal Shah | Director | 15 Mar 1990 | 36 Years 7 Months | Current |
| Rakesh Hasmukhlal Shah | Director | 15 Mar 1990 | 36 Years 7 Months | Current |
| Shrujal Mayank Dave | Director | 24 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Multi Fastners Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Varmora Forge Private Limited | ₹14.12 Cr (FY 2024) | 50.0% | Wadhwan, Gujarat, India | |||
| Meeta Screws Private Limited | ₹14.1 Cr (FY 2024) | 390.0% | Aurangabad, Maharashtra, India | |||
| Multi Fastners Private Limitedthis company | ₹14.07 Cr (FY 2025) | ₹1.75 Cr | 12.5% | -10.0% | 38 | Vadodara, Gujarat, India |
| Tool Source India Private Limited | ₹14.04 Cr (FY 2025) | 28.0% | Tumkur, Karnataka, India | |||
| QCD Engineering India Private Limited | ₹14.03 Cr (FY 2025) | -10.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Multi Fastners Private Limited, buy the company report.
Auditor
Multi Fastners Private Limited is audited by J. R. KHEDKAR & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J. R. KHEDKAR & CO. | FY 2024 | 131109W |
Shareholding
The shareholding of Multi Fastners Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Multi Fastners Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60.15 Lakh
Satisfied charges
₹4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2003 | 90099719 | Bank of Baroda | ₹2.97 Lakh | Open | |
| 29 Jul 2000 | 90099228 | Antonta Co.Op. Bank Ltd | ₹2.98 Lakh | Open | |
| 10 Sep 1997 | 90098656 | Gujrat State Financial Corporation | ₹15 Lakh | Open | |
| 02 Aug 1996 | 90098442 | Bank of Baroda | ₹17 Lakh | Open | |
| 08 Jul 1991 | 90096292 | Bank of Baroda | ₹22.2 Lakh | Open |
To see the full charge records of Multi Fastners Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Multi Fastners 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
Multi Fastners Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Multi Fastners Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Multi Fastners Private Limited has a workforce of 38 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
38
Active EPFO establishments
1
Employee growth
-2.56%
GST
Multi Fastners has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCM3424A1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Multi Fastners Private Limited, buy the company report.
Recent activity
Multi Fastners Private Limited has 7 board changes on record since 1990: 6 appointments and 1 cessation. The latest: Shrujal Mayank Dave ceased to be Additional Director on 12 Sep 2015.
AGM
Multi Fastners Private Limited last Annual general meeting of members was held on 19 Aug 2025 as per latest MCA records.
Filing
Multi Fastners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 27 Jun 2017 via Charge ID 100159570 with Hdfc Bank Limited was fully satisfied on 05 Sep 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 100159570 was registered on 27 Jun 2017.
Ceased
Shrujal Mayank Dave ceased to be Additional Director.
Appointed
Shrujal Mayank Dave was appointed as Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 2.97 Lakh with Charge ID 90099719 was registered on 14 Oct 2003.
Charges
A charge with Antonta Co.Op. Bank Ltd amounted to Rs. 2.98 Lakh with Charge ID 90099228 was registered on 29 Jul 2000.
Charges
A charge with Bank Of Baroda of Rs. 22.20 Lakh registered on 08 Jul 1991 with Charge ID 90096292 was modified on 27 Mar 2000.
Charges
A charge with Gujrat State Financial Corporation amounted to Rs. 15.00 Lakh with Charge ID 90098656 was registered on 10 Sep 1997.
Charges
A charge with Bank Of Baroda amounted to Rs. 17.00 Lakh with Charge ID 90098442 was registered on 02 Aug 1996.
Charges
A charge with Bank Of Baroda amounted to Rs. 22.20 Lakh with Charge ID 90096292 was registered on 08 Jul 1991.
6 earlier events are in the company report.
Frequently asked questions
Multi Fastners is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 15 March 1990 (36+ years old) and is registered under CIN U24222GJ1990PTC013501.
Multi Fastners has 6 current directors:
- Girdharbhai Ramjibhai Patel - Whole-Time Director
- Mayank Ishwarlal Dave - Whole-Time Director
- Kirit Dalsukhbhai Patel - Director
- Shaileshkumar Rasiklal Shah - Director
- Rakesh Hasmukhlal Shah - Director
- Shrujal Mayank Dave - Director
The latest financial statements of Multi Fastners on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Multi Fastners is 24AABCM3424A1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Multi Fastners is U24222GJ1990PTC013501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Multi Fastners was incorporated on 15 March 1990, making it 36+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Multi Fastners by revenue are Varmora Forge Private Limited, Meeta Screws Private Limited, Tool Source India Private Limited, QCD Engineering India Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Shrujal Mayank Dave ceased to be Additional Director on 12 Sep 2015. Shrujal Mayank Dave was appointed as Director on 24 Apr 2015. Girdharbhai Ramjibhai Patel was appointed as Whole-Time Director on 15 Mar 1990. Multi Fastners has 7 board changes on record in total.
Yes, Multi Fastners is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0005047).
Multi Fastners has 3 MSME Form 1 returns on record between 2019 and 2023, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 29 Aug 2023.
Multi Fastners can be reached through the website multifastners.net. Its registered office is in Vadodara, Gujarat, India.
The registered office of Multi Fastners is at 98611 GIDC Estate Makarpura, Vadodara, Gujarat, India – 390010.