MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-10-0000741
Pelican Engitech Private Limited - machinery and equipment in Anandpar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.36 Cr
▲ 100% YoY
Net profit · FY 2024
₹31.87 Lakh
Net margin 2.8%
EBITDA · FY 2024
₹2.87 Cr
EBITDA margin 25.2%
Authorised capital
₹4.65 Cr
Registered with MCA
Paid-up capital
₹4.63 Cr
Issued & subscribed
Open charges
₹12.38 Cr
Satisfied ₹15.98 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
82
Provident fund records
About Pelican Engitech Private Limited
Data last updated:
Pelican Engitech Private Limited is a private limited company based in Anandpar, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 10 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2019PTC108121. Its GSTIN is 24AAKCP5420E1ZP (Gujarat).
The company has an authorised share capital of ₹4.65 Cr and a paid-up capital of ₹4.63 Cr. It is led by directors Suraj Ashvin Shah (Managing Director) and Vasu Bharatkumar Shrimanker.
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 30 31 Saffron Ind Park, Anandpar, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.36 Cr, a growth of 100% compared to the previous year. For the same year it recorded a net profit of ₹31.87 Lakh (net margin 2.8%) and EBITDA of ₹2.87 Cr (EBITDA margin 25.2%). Revenue has grown at a compounded annual rate (CAGR) of 194% over three years.
The company has about 82 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Pelican Engitech. As per MCA filings, the company has open charges of ₹12.38 Cr and satisfied charges of ₹15.98 Cr on record. The company has 2 deals on record (2 rights issues); the latest was in September 2020. Its 6 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 3 smaller; the largest is Ams Precision Products Private Limited with revenue of ₹11.36 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 micro and small suppliers.
Pelican Engitech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0000741). For more details, the company can be reached via its website pelicanengitech.com.
Company details
CIN U29309GJ2019PTC108121
Registration Number 108121
Incorporation Date 10 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-10-0000741
Recognitions & Rankings of Pelican Engitech
Contact details
Pelican Engitech Private Limited's registered office is in Anandpar, Gujarat. Its website is pelicanengitech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSurvey No.289 – P1 289 – P2 P2 291 & 293 Plot No. 30 31 Saffron Ind Park Rajkot – Kalawad, Highway, Anandpar, Gujarat, India – 361162
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Pelican Engitech Private Limited, buy the company report.
Comprehensive company report
Pelican Engitech 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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Brands
Pelican Engitech operates one associated brand: Pelican Engitech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of precision and high-quality fasteners for industrial use is undertaken by Pelican Engitech. | pelicanengitech.com |
Business activity
The main business activity of Pelican Engitech 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 Pelican Engitech Private Limited, buy the company report.
Financials of Pelican Engitech Private Limited
FY 2025 filings availablePelican Engitech Private Limited reported revenue of ₹11.36 Cr (up 100% YoY) for FY 2024.
Revenue · FY 2024
₹11.36 Cr ▲ 100%
Net profit · FY 2024
₹31.87 Lakh margin 2.8%
EBITDA · FY 2024
₹2.87 Cr margin 25.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 100%
3 years · compounded
▲ 194%
EBITDA CAGR growth
1 year
▲ 363%
3 years · compounded
▲ 270%
Revenue has grown at a compounded annual rate (CAGR) of 194% over three years, including 100% growth in the latest year. EBITDA rose 363% 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 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 | ₹11.36 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.87 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.2% | ||||
| Net Profit Margin | 2.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Pelican Engitech Private Limited, buy the company report.
Board of directors of Pelican Engitech Private Limited
Pelican Engitech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasu Bharatkumar Shrimanker | Director | 01 Aug 2022 | 4 Years 2 Months | Current |
| Suraj Ashvin Shah | Managing Director | 10 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Pelican Engitech Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Ams Precision Products Private Limited | ₹11.36 Cr (FY 2025) | 24.0% | Bangalore, Karnataka, India | |||
| Volmac Components Private Limited | ₹11.36 Cr (FY 2024) | 32.0% | Shimoga, Karnataka, India | |||
| Aman Metalcomp Private Limited | ₹11.36 Cr (FY 2024) | 1.0% | New Delhi, Delhi, India | |||
| Pelican Engitech Private Limitedthis company | ₹11.36 Cr (FY 2024) | ₹31.87 Lakh | 2.8% | 100.0% | 82 | Anandpar, Gujarat, India |
| Dura Magnets Pvt Ltd | ₹11.34 Cr (FY 2024) | -5.0% | Pune, Maharashtra, India | |||
| Andritz Euroslot India Private Limited | ₹11.34 Cr (FY 2022) | 20.0% | Chennai, Tamil Nadu, India | |||
| Nikam Iron Sintered Products Private Limited | ₹11.33 Cr (FY 2025) | 38.0% | Kolhapur, Maharashtra, India |
To see the full peer comparison of Pelican Engitech Private Limited, buy the company report.
Auditor
Pelican Engitech Private Limited is audited by M.J. Rindani & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.J. Rindani & Associates | FY 2024 | 108838W |
Shareholding
The shareholding of Pelican Engitech 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 Pelican Engitech Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.38 Cr
Satisfied charges
₹15.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Apr 2025 | 101092565 | Others | ₹12.38 Cr | Open | |
| 02 May 2024 | 100924977 | Sidbi | ₹1.65 Cr | Satisfied | |
| 16 Sep 2019 | 100293704 | Sidbi | ₹14.33 Cr | Satisfied |
To see the full charge records of Pelican Engitech Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Pelican Engitech Private Limited has 2 deals on record (2 rights issues); the latest was in September 2020.
Total deals
2
Rights issues
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2020 | Rights issue | ₹1.08 Cr | Investors: 2 individuals |
| Sep 2019 | Rights issue | ₹2.97 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Pelican Engitech 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
Pelican Engitech Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 micro and small suppliers. 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ganpati Fasteners | |||
| Wellsun Metal | |||
| an individual supplier | |||
| Systematicwires Private Limited | |||
| Rahul Industries |
To see the full MSME payment records of Pelican Engitech Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Pelican Engitech Private Limited has a workforce of 82 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
Employee count
82
Active EPFO establishments
1
Employee growth
60.78%
GST
Pelican Engitech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP5420E1ZP | Gujarat | Active | 07 Aug 2019 |
To see the full GST registrations and return filing status of Pelican Engitech Private Limited, buy the company report.
Recent activity
Pelican Engitech Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Bharat Jamnadas Shrimanker ceased to be Director on 01 Aug 2022.
AGM
Pelican Engitech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 12.38 Cr registered on 24 Apr 2025 with Charge ID 101092565 was modified on 25 Jun 2025.
Charges
A charge registered on 02 May 2024 via Charge ID 100924977 with Sidbi was fully satisfied on 05 Jun 2025.
Charges
A charge registered on 16 Sep 2019 via Charge ID 100293704 with Sidbi was fully satisfied on 05 Jun 2025.
Charges
A charge with Others amounted to Rs. 12.38 Cr with Charge ID 101092565 was registered on 24 Apr 2025.
Filing
Pelican Engitech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 1.65 Cr with Charge ID 100924977 was registered on 02 May 2024.
Charges
A charge with Sidbi of Rs. 14.33 Cr registered on 16 Sep 2019 with Charge ID 100293704 was modified on 29 Nov 2023.
Ceased
Bharat Jamnadas Shrimanker ceased to be Director.
Ceased
Suraj Ashvin Shah ceased to be Director.
Appointed
Vasu Bharatkumar Shrimanker was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 14.33 Cr with Charge ID 100293704 was registered on 16 Sep 2019.
2 earlier events are in the company report.
Frequently asked questions
Pelican Engitech is an active private limited company based in Anandpar, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 10 May 2019 (7+ years old) and is registered under CIN U29309GJ2019PTC108121.
Pelican Engitech has 2 current directors:
- Suraj Ashvin Shah - Managing Director
- Vasu Bharatkumar Shrimanker - Director
The latest financial statements of Pelican Engitech 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 2020 are in the company report.
The GSTIN of Pelican Engitech is 24AAKCP5420E1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Pelican Engitech is U29309GJ2019PTC108121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pelican Engitech was incorporated on 10 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Pelican Engitech has 2 deals on record (2 rights issues); the latest was in September 2020.
The peers of Pelican Engitech by revenue are Ams Precision Products Private Limited, Volmac Components Private Limited, Aman Metalcomp Private Limited, Dura Magnets Pvt Ltd, Andritz Euroslot India Private Limited and 1 more, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Bharat Jamnadas Shrimanker ceased to be Director on 01 Aug 2022. Suraj Ashvin Shah ceased to be Director on 01 Aug 2022. Vasu Bharatkumar Shrimanker was appointed as Director on 01 Aug 2022. Pelican Engitech has 4 board changes on record in total.
Yes, Pelican Engitech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-10-0000741).
Pelican Engitech has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 12 overdue payments to 6 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Pelican Engitech can be reached through the website pelicanengitech.com. Its registered office is in Anandpar, Gujarat, India.