- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0043287

About Parth Equipment Limited
Data last updated:
Parth Equipment Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 24 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29300GJ2007PLC050942. Its GSTIN is 24AAECP2939G1ZH (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹44.08 Lakh. It is led by directors including Navnitkumar Trikamlal Shah (Managing Director) and Neeta Navnitkumar Shah (Whole-Time Director).
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 Shed No. I / 4209 Phase – IV GIDC Vatwa, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.49 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹41.75 Lakh (net margin 1.5%) and EBITDA of ₹2.79 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 12% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹46.19 Cr and satisfied charges of ₹14.6 Cr on record. Court records list 17 cases involving the company, including 3 filed by the company and 14 filed against it; 6 cases are pending.
Parth Equipment Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0043287). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website parthtubemill.com.
Company details
Recognitions & Rankings of Parth Equipment
Contact details
Parth Equipment Limited's registered office is in Ahmedabad, Gujarat. Its website is parthtubemill.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShed No. I / 4209 Phase – IV GIDC Vatwa, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Parth Equipment 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
Business activity
The main business activity of Parth Equipment 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 Parth Equipment Limited, buy the company report.
Financials of Parth Equipment Limited
FY 2025 filings availableParth Equipment Limited reported revenue of ₹27.49 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 32% 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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| EBITDA | ₹2.79 Cr | ||||
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| Net Profit (PAT) | ₹41.75 Lakh | ||||
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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 | 10.2% | ||||
| Net Profit Margin | 1.5% | ||||
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To see the full financial statements and ratios of Parth Equipment Limited, buy the company report.
Board of directors of Parth Equipment Limited
Parth Equipment has 6 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arth Navnit Shah Also directs: Kronos Metalcraft Private Limited, Kronos Rollform Private Limited | Director | 30 Jan 2019 | 7 Years 9 Months | Current |
| Navnitkumar Trikamlal Shah Also directs: Divy Rollform Limited | Managing Director | 24 May 2007 | 19 Years 5 Months | Current |
| Parth Navnitkumar Shah Also directs: Divy Rollform Limited | Director | 30 Jan 2019 | 7 Years 9 Months | Current |
| Hasmukhbhai Trikamlal Shah Also directs: Divy Rollform Limited | Director | 24 May 2007 | 19 Years 5 Months | Current |
| Neeta Navnitkumar Shah Also directs: Divy Rollform Limited | Whole-Time Director | 24 May 2007 | 19 Years 5 Months | Current |
| Bhavnaben Hasmukhbhai Shah Also directs: Divy Rollform Limited | Director | 24 May 2007 | 19 Years 5 Months | Current |
Auditor
Parth Equipment Limited is audited by KPSJ & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPSJ & ASSOCIATES | FY 2023 | 124845W |
Shareholding
The shareholding of Parth Equipment 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 Parth Equipment Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2025 | 101093881 | Sidbi | ₹1.85 Cr | Open | |
| 10 Jun 2024 | 100941527 | Others | ₹12 Cr | Open | |
| 26 Apr 2024 | 100929309 | Others | ₹2.59 Cr | Open | |
| 08 Dec 2023 | 100826684 | Sidbi | ₹80.74 Lakh | Open | |
| 16 May 2022 | 100575511 | Sidbi | ₹84 Lakh | Open |
To see the full charge records of Parth Equipment Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Parth Equipment Limited has 17 court cases on record: 3 filed by Parth Equipment, 14 filed against it. 6 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 14 | 6 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (REFERENCE T LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (RECO33C 2 LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Parth Equipment 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 Parth Equipment Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parth Equipment Limited has a workforce of 54 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Parth Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECP2939G1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Parth Equipment Limited, buy the company report.
Recent activity
Parth Equipment Limited has 11 board changes on record since 2007: 6 appointments and 5 cessations. The latest: Manuben Trikamlal Shah ceased to be Director on 14 May 2021.
22 earlier events are in the company report.
Frequently asked questions
Parth Equipment is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 24 May 2007 (19+ years old) and is registered under CIN U29300GJ2007PLC050942.
Parth Equipment has 6 current directors:
- Navnitkumar Trikamlal Shah - Managing Director
- Neeta Navnitkumar Shah - Whole-Time Director
- Arth Navnit Shah - Director
- Parth Navnitkumar Shah - Director
- Hasmukhbhai Trikamlal Shah - Director
- Bhavnaben Hasmukhbhai Shah - Director
The latest financial statements of Parth Equipment 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 2015 are in the company report.
The GSTIN of Parth Equipment is 24AAECP2939G1ZH, registered in Gujarat.
The CIN (Corporate Identification Number) of Parth Equipment is U29300GJ2007PLC050942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parth Equipment has 17 court cases on record: 3 filed by the company and 14 filed against it. 6 are pending. Most are in the district courts.
Parth Equipment was incorporated on 24 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Manuben Trikamlal Shah ceased to be Director on 14 May 2021. Bhavnaben Hasmukhbhai Shah ceased to be Whole-Time Director on 27 Aug 2019. Hasmukhbhai Trikamlal Shah ceased to be Whole-Time Director on 27 Aug 2019. Parth Equipment has 11 board changes on record in total.
Yes, Parth Equipment is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0043287).
Parth Equipment can be reached through the website parthtubemill.com. Its registered office is in Ahmedabad, Gujarat, India.

