MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-17-0000612
Serap India Private Limited - machinery and equipment in Halol, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.25 Cr
▲ 8% YoY
Net loss · FY 2025
₹5.84 Cr
Net margin -15.3%
EBITDA · FY 2025
-₹3.07 Cr
EBITDA margin -8%
Authorised capital
₹45 Cr
Registered with MCA
Paid-up capital
₹41.65 Cr
Issued & subscribed
Open charges
₹26 Cr
Satisfied ₹2.75 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
66
Provident fund records
About Serap India Private Limited
Data last updated:
Serap India Private Limited is a private limited company based in Halol, Gujarat, India, a subsidiary of Serap Finances S.A.. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 06 February 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29253GJ2009PTC085216. Its GSTIN is 24AAMCS7502E1ZH (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹41.65 Cr. It is led by directors including Micheline Jeanne Josette Janezic and Eric Pierre Michel Boittin.
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 Plot No. 58/59/62/63 Get Muvala P.O. Muvala Opp. Ceat Tyres, Halol, Gujarat, India – 389350.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.25 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net loss of ₹5.84 Cr (net margin -15.3%) and EBITDA of -₹3.07 Cr (EBITDA margin -8%). Revenue has declined at a compounded annual rate (CAGR) of 4% over five years.
The company has about 66 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SERAP Group. As per MCA filings, the company has open charges of ₹26 Cr and satisfied charges of ₹2.75 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 3 cases are pending.
Serap India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-17-0000612). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groupeserap.com.
Company details
CIN U29253GJ2009PTC085216
Registration Number 085216
Incorporation Date 06 February 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Serap Finances S.A.
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-17-0000612
CIN history
Serap India has one previous CIN (Corporate Identification Number): U29253DL2009PTC187366. The current CIN is U29253GJ2009PTC085216, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29253GJ2009PTC085216 | Current |
| U29253DL2009PTC187366 | Previous |
Key People
Micheline Jeanne Josette Janezic Director Eric Pierre Michel Boittin Director Arnaud Guy Georges Duchatelet Director Recognitions & Rankings of Serap India
Contact details
Serap India Private Limited's registered office is in Halol, Gujarat. Its website is groupeserap.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 58/59/62/63 Get Muvala P.O. Muvala Opp. Ceat Tyres, Halol, Gujarat, India – 389350
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Serap India Private Limited, buy the company report.
Comprehensive company report
Serap 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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Secure checkout · GST invoice included
Brands
Serap India operates one associated brand: SERAP Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Milk coolers and wine-making equipment are manufactured by SERAP. | groupeserap.com |
Business activity
The main business activity of Serap 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 Serap India Private Limited, buy the company report.
Financials of Serap India Private Limited
FY 2025 filings availableSerap India Private Limited reported revenue of ₹38.25 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹38.25 Cr ▲ 8%
Net loss · FY 2025
₹5.84 Cr margin -15.3%
EBITDA · FY 2025
-₹3.07 Cr margin -8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 494%
3 years · compounded
▼ 159%
5 years · compounded
▼ 35%
Revenue rose 8% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 494% 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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| Total Expenses | |||||
| EBITDA | -₹3.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.84 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 | -8% | ||||
| Net Profit Margin | -15.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Serap India Private Limited, buy the company report.
Board of directors of Serap India Private Limited
Serap India has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Micheline Jeanne Josette Janezic Also directs: Michele Janezic Agency Private Limited. | Director | 06 Feb 2009 | 17 Years 8 Months | Current |
| Eric Pierre Michel Boittin | Director | 06 Feb 2009 | 17 Years 8 Months | Current |
| Arnaud Guy Georges Duchatelet | Director | 06 Feb 2009 | 17 Years 8 Months | Current |
| Yannick Hetet | Director | 16 Feb 2015 | 11 Years 8 Months | Current |
Peer comparison
Serap India Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Armech Engineers Private Limited | ₹38.62 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Twin Engineers Private Limited | ₹38.48 Cr (FY 2024) | 11.0% | Pune, Maharashtra, India | |||
| Lucy Engineering Works Private Limited | ₹38.47 Cr (FY 2025) | -4.0% | Surat, Gujarat, India | |||
| Serap India Private Limitedthis company | ₹38.25 Cr (FY 2025) | -₹5.84 Cr | -15.3% | 8.0% | 66 | Halol, Gujarat, India |
| FCS Manufacturing (India) Private Limited | ₹38.18 Cr (FY 2025) | 61.0% | Ahmedabad, Gujarat, India | |||
| Parklayer Private Limited | ₹38.17 Cr (FY 2024) | -23.0% | Coimbatore, Tamil Nadu, India | |||
| Synthesis Winding Technologies Private Limited | ₹38.03 Cr (FY 2024) | 98.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Serap India Private Limited, buy the company report.
Auditor
Serap India Private Limited is audited by SHARP & TANNAN ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARP & TANNAN ASSOCIATES | FY 2022 | 109983W |
Shareholding
The shareholding of Serap India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Serap India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26 Cr
Satisfied charges
₹2.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2020 | 100368010 | Hdfc Bank Limited | ₹12.5 Cr | Open | |
| 07 Aug 2020 | 100368013 | Hdfc Bank Limited | ₹1 Cr | Open | |
| 28 Jul 2020 | 100367334 | Hdfc Bank Limited | ₹12.5 Cr | Open | |
| 04 Jul 2012 | 10438567 | State Bank of India | ₹2.75 Cr | Satisfied |
To see the full charge records of Serap India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Serap India Private Limited has 13 court cases on record: 6 filed by Serap India, 7 filed against it. 3 cases are pending and 10 are disposed.
Total cases
13
Filed by the company
6
Filed against the company
7
Pending
3
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 7 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against an individual | Pending |
| District court, Panchmahal at Godhra, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
| District court, Panchmahal at Godhra, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Pending |
| District court, Panchmahal at Godhra, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat Shri T J Pandya | Disposed |
| District court, Vadodara, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Serap India Private 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 Serap India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Serap India Private Limited has a workforce of 66 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
66
Active EPFO establishments
1
Employee growth
8.2%
GST
Serap India has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAMCS7502E1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Serap India Private Limited, buy the company report.
Recent activity
Serap India Private Limited has 14 board changes on record since 2009: 5 appointments and 9 cessations. The latest: Antoine Marie Guillaume Laroche ceased to be Additional Director on 21 Sep 2023.
AGM
Serap India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Serap India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Antoine Marie Guillaume Laroche ceased to be Additional Director.
Appointed
Antoine Marie Guillaume Laroche was appointed as Managing Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.50 Cr with Charge ID 100368010 was registered on 07 Aug 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.00 Cr with Charge ID 100368013 was registered on 07 Aug 2020.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.50 Cr with Charge ID 100367334 was registered on 28 Jul 2020.
Ceased
Eric Francois Ramaradjou ceased to be Additional Director.
Ceased
Kalpana Kumari ceased to be Company Secretary.
Charges
A charge registered on 04 Jul 2012 via Charge ID 10438567 with State Bank Of India was fully satisfied on 12 Feb 2018.
Ceased
Yannick Hetet ceased to be Additional Director.
Ceased
Andre Rene Henri Ghislain Lechat ceased to be Additional Director.
10 earlier events are in the company report.
Frequently asked questions
Serap India is an active private limited company based in Halol, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 06 February 2009 (17+ years old) and is registered under CIN U29253GJ2009PTC085216.
Serap India has 4 current directors:
- Micheline Jeanne Josette Janezic - Director
- Eric Pierre Michel Boittin - Director
- Arnaud Guy Georges Duchatelet - Director
- Yannick Hetet - Director
The latest financial statements of Serap India 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 Serap India is 24AAMCS7502E1ZH, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Serap India is U29253GJ2009PTC085216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Serap India has 13 court cases on record: 6 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Serap India was incorporated on 06 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Serap India by revenue are Armech Engineers Private Limited, Twin Engineers Private Limited, Lucy Engineering Works Private Limited, FCS Manufacturing (India) Private Limited, Parklayer Private Limited and 1 more, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Antoine Marie Guillaume Laroche ceased to be Additional Director on 21 Sep 2023. Antoine Marie Guillaume Laroche was appointed as Managing Director on 21 Sep 2023. Eric Francois Ramaradjou ceased to be Additional Director on 30 Sep 2019. Serap India has 14 board changes on record in total.
Yes, Serap India is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-17-0000612).
Serap India can be reached through the website groupeserap.com. Its registered office is in Halol, Gujarat, India.