About Mycrogrip Electronics Private Limited
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Mycrogrip Electronics Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31908GJ2019PTC105962. Its GSTIN is 24AAMCM3476D1ZG (Gujarat).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Sachin Kiritbhai Patel and Kanjia Devjibhai Shailesh.
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 1st Floor Plot No. 12B Survey No. 401 B/H. Ice Factory Mavdi Plot, Rajkot, Gujarat, India – 360004.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.16 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net profit of ₹33,990 (net margin 29.3%) and EBITDA of ₹37,834 (EBITDA margin 32.6%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
For more details, the company can be reached via its website mycrogrip.com.
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- Website
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- Registered Address1st Floor Plot No. 12B Survey No. 401 B/H. Ice Factory Mavdi Plot, Rajkot, Gujarat, India – 360004
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 of Mycrogrip Electronics Private Limited
The main business activity of Mycrogrip Electronics is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Mycrogrip Electronics Private Limited FY 2025 filings available
Mycrogrip Electronics Private Limited reported revenue of ₹1.16 Lakh (down 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mycrogrip Electronics Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 37% over three years, including a 64% fall in the latest year. EBITDA rose 112% 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 of Mycrogrip Electronics Private Limited
| 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 | ₹37,834 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33,990 | •••• | •••• | •••• | •••• |
| 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 of Mycrogrip Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 29.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mycrogrip Electronics are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Mycrogrip Electronics Private Limited
Mycrogrip Electronics Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spar Sunshine Energy Private Limited | ₹1.19 Lakh (FY 2021) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Goodwill Engineering Services Private Limited | ₹1.19 Lakh (FY 2020) | •••• | •••• | 5.0% | •••• | Pune, Maharashtra, India |
| Hycosys Private Limited | ₹1.18 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Ymd Electromac Private Limited | ₹1.18 Lakh (FY 2024) | •••• | •••• | -94.0% | •••• | Noida, Uttar Pradesh, India |
| Sarla Harish Exports Private Limited | ₹1.18 Lakh (FY 2018) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Mycrogrip Electronics Private Limited this company | ₹1.16 Lakh (FY 2024) | •••• | •••• | -64.0% | •••• | Rajkot, Gujarat, India |
| Jainson Equipments Private Limited | ₹1.14 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Beawar, Rajasthan, India |
| BCN Power Systems Private Limited | ₹1.13 Lakh (FY 2024) | •••• | •••• | -98.0% | •••• | New Delhi, Delhi, India |
| Sunvest Energy Private Limited | ₹1.12 Lakh (FY 2020) | •••• | •••• | -96.0% | •••• | Mumbai, Maharashtra, India |
| True Basket Private Limited | ₹1.12 Lakh (FY 2025) | •••• | •••• | 53.0% | •••• | New Delhi, Delhi, India |
| Ark Transformers Private Limited | ₹1.09 Lakh (FY 2025) | •••• | •••• | 36.0% | •••• | Bhopal, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Mycrogrip Electronics by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mycrogrip Electronics Private Limited
Mycrogrip Electronics Private Limited is audited by S. C. MAKHECHA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. C. MAKHECHA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mycrogrip Electronics Private Limited
Mycrogrip Electronics has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Kiritbhai Patel | Director | 09 Jan 2019 | 7 Years 8 Months | Current |
| Kanjia Devjibhai Shailesh Also directs: Kyoka Embedded Systems Private Limited | Director | 09 Jan 2019 | 7 Years 8 Months | Current |
| Paresh Bhalodia Jayantilal | Director | 09 Jan 2019 | 7 Years 8 Months | Current |
Ownership and Shareholding of Mycrogrip Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mycrogrip Electronics Private Limited
Mycrogrip Electronics Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Mycrogrip Electronics Private Limited
Employment history and EPFO contributions of people linked to Mycrogrip Electronics.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Mycrogrip Electronics Private Limited
Mycrogrip Electronics Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Kanjia Devjibhai Shailesh was appointed as Director on 09 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Mycrogrip Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mycrogrip Electronics Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mycrogrip Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mycrogrip Electronics Private Limited
Mycrogrip Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCM3476D1ZG | Gujarat | Active | 06 Feb 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mycrogrip Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mycrogrip Electronics Private Limited
Mycrogrip Electronics is an active private limited company based in Rajkot, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 January 2019 (7+ years old) and is registered under CIN U31908GJ2019PTC105962.
Mycrogrip Electronics reported revenue of ₹1.16 Lakh for FY 2024 (down 64% YoY).
Mycrogrip Electronics has 3 current directors:
- Sachin Kiritbhai Patel - Director
- Kanjia Devjibhai Shailesh - Director
- Paresh Bhalodia Jayantilal - Director
Mycrogrip Electronics reported a net profit of ₹33,990 (net margin 29.3%) and EBITDA of ₹37,834 (EBITDA margin 32.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mycrogrip Electronics is -37% over three years. In the latest year (FY 2024) revenue fell 64%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mycrogrip Electronics is 24AAMCM3476D1ZG, registered in Gujarat.
The CIN (Corporate Identification Number) of Mycrogrip Electronics is U31908GJ2019PTC105962. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mycrogrip Electronics was incorporated on 09 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Mycrogrip Electronics by revenue are Spar Sunshine Energy Private Limited, Goodwill Engineering Services Private Limited, Hycosys Private Limited, Ymd Electromac Private Limited, Sarla Harish Exports Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Kanjia Devjibhai Shailesh was appointed as Director on 09 Jan 2019. Paresh Bhalodia Jayantilal was appointed as Director on 09 Jan 2019. Sachin Kiritbhai Patel was appointed as Director on 09 Jan 2019.
Mycrogrip Electronics can be reached through the website mycrogrip.com. Its registered office is in Rajkot, Gujarat, India.