MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0013306
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Plasma Induction (India) Private Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹52.99 Cr
▲ 44% YoY
Net profit · FY 2024
₹1.84 Cr
Net margin 3.5%
EBITDA · FY 2024
₹2.76 Cr
EBITDA margin 5.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹4.9 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
115
Provident fund records
About Plasma Induction (India) Private Limited
Data last updated:
Plasma Induction (India) Private Limited is a private 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 20 April 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2019PTC107716. Its GSTIN is 24AAKCP5021H1ZM (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Harshadkumar Savjibhai Chaudhari and Geeta Harshad Chaudhari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 316 Shivalik Satyamev Iskon Bopal Cross Near Vakil Saheb Bridge Ambli Daskroi, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.99 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Cr (net margin 3.5%) and EBITDA of ₹2.76 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years.
The company has about 115 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Plasma Induction. As per MCA filings, the company has open charges of ₹4.9 Cr on record.
Plasma Induction (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0013306). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website plasmainduction.com.
Company details
CIN U29309GJ2019PTC107716
Registration Number 107716
Incorporation Date 20 April 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0013306
Key People
Harshadkumar Savjibhai Chaudhari Director Geeta Harshad Chaudhari Director Ketankumar Rameshchandra Vavaiya Director Recognitions & Rankings of Plasma Induction (India)
Contact details
Plasma Induction (India) Private Limited's registered office is in Ahmedabad, Gujarat. Its website is plasmainduction.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address316 Shivalik Satyamev Iskon Bopal Cross Near Vakil Saheb Bridge Ambli Daskroi, Ahmedabad, Gujarat, India – 380058
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Plasma Induction (India) Private Limited, buy the company report.
Comprehensive company report
Plasma Induction (India) 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
Plasma Induction (India) operates one associated brand: Plasma Induction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Plasma induction technology and manufacturing services in India. | plasmainduction.com |
Business activity
The main business activity of Plasma Induction (India) 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 Plasma Induction (India) Private Limited, buy the company report.
Financials of Plasma Induction (India) Private Limited
FY 2024 filings availablePlasma Induction (India) Private Limited reported revenue of ₹52.99 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹52.99 Cr ▲ 44%
Net profit · FY 2024
₹1.84 Cr margin 3.5%
EBITDA · FY 2024
₹2.76 Cr margin 5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▲ 61%
EBITDA CAGR growth
1 year
▲ 277%
3 years · compounded
▲ 116%
Revenue has grown at a compounded annual rate (CAGR) of 61% over three years, including 44% growth in the latest year. EBITDA rose 277% 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 |
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| EBITDA | ₹2.76 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.84 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | 3.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Plasma Induction (India) Private Limited, buy the company report.
Board of directors of Plasma Induction (India) Private Limited
Plasma Induction (India) has 4 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 |
|---|---|---|---|---|
| Harshadkumar Savjibhai Chaudhari | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Geeta Harshad Chaudhari | Director | 20 Apr 2019 | 7 Years 6 Months | Current |
| Ketankumar Rameshchandra Vavaiya Also directs: Castomech Technology LLP | Director | 12 Jun 2023 | 3 Years 4 Months | Current |
| Nitalben Ketankumar Vavaiya | Director | 20 Apr 2019 | 7 Years 6 Months | Current |
Auditor
Plasma Induction (India) Private Limited is audited by M. V. Prajapati & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. V. Prajapati & Co | FY 2023 | 127317W |
Shareholding
The shareholding of Plasma Induction (India) Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Plasma Induction (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.9 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jul 2024 | 100952590 | Bank of India | ₹4.9 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Plasma Induction (India) 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
No delayed payments to MSME suppliers are on our record for Plasma Induction (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Plasma Induction (India) Private Limited has a workforce of 115 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
115
Active EPFO establishments
1
Employee growth
2775%
GST
Plasma Induction (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCP5021H1ZM | Gujarat | Active | 16 May 2019 |
To see the full GST registrations and return filing status of Plasma Induction (India) Private Limited, buy the company report.
Recent activity
Plasma Induction (India) Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Harshadkumar Savjibhai Chaudhari ceased to be Additional Director on 29 Sep 2023.
AGM
Plasma Induction (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Bank Of India amounted to Rs. 490.00 Lakh with Charge ID 100952590 was registered on 15 Jul 2024.
Filing
Plasma Induction (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Ceased
Harshadkumar Savjibhai Chaudhari ceased to be Additional Director.
Ceased
Ketankumar Rameshchandra Vavaiya ceased to be Additional Director.
Appointed
Harshadkumar Savjibhai Chaudhari was appointed as Director.
Appointed
Ketankumar Rameshchandra Vavaiya was appointed as Director.
Appointed
Geeta Harshad Chaudhari was appointed as Director.
Appointed
Nitalben Ketankumar Vavaiya was appointed as Director.
Incorporation
20 Apr 2019
Plasma Induction (India) Private Limited was registered on 20 Apr 2019 with Roc Ahmedabad & aged 7 years 6 months as per MCA records.
Frequently asked questions
Plasma Induction (India) is an active private limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 20 April 2019 (7+ years old) and is registered under CIN U29309GJ2019PTC107716.
Plasma Induction (India) has 4 current directors:
- Harshadkumar Savjibhai Chaudhari - Director
- Geeta Harshad Chaudhari - Director
- Ketankumar Rameshchandra Vavaiya - Director
- Nitalben Ketankumar Vavaiya - Director
The latest financial statements of Plasma Induction (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Plasma Induction (India) is 24AAKCP5021H1ZM, registered in Gujarat.
The CIN (Corporate Identification Number) of Plasma Induction (India) is U29309GJ2019PTC107716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plasma Induction (India) was incorporated on 20 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harshadkumar Savjibhai Chaudhari ceased to be Additional Director on 29 Sep 2023. Ketankumar Rameshchandra Vavaiya ceased to be Additional Director on 29 Sep 2023. Harshadkumar Savjibhai Chaudhari was appointed as Director on 12 Jun 2023. Plasma Induction (India) has 6 board changes on record in total.
Yes, Plasma Induction (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0013306).
Plasma Induction (India) can be reached through the website plasmainduction.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Plasma Induction (India) is at 316 Shivalik Satyamev Iskon Bopal Cross Near Vakil Saheb Bridge Ambli Daskroi, Ahmedabad, Gujarat, India – 380058.