- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0051574

About Shimnit India Private Limited
Data last updated:
Shimnit India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 04 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U34300MH2001PTC131877. Its GSTIN is 27AAFCS3812A1ZT (Maharashtra). The company holds 35 GST registrations, of which 26 are active.
The company has an authorised share capital of ₹15.6 Cr and a paid-up capital of ₹11.51 Cr. It was formerly known as Shimnit Utsch India Private Limited. It is led by directors Dhruv Manoj Patel and Ravindrakumar Shrigopal Inani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8th Floor Regent Chambersnariman Point Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2024, the company reported a revenue of ₹87.32 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹15.28 Cr (net margin 17.5%) and EBITDA of ₹23.91 Cr (EBITDA margin 27.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 59% over five years.
The company has about 93 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Shimnit. As per MCA filings, the company has open charges of ₹7.2 Cr and satisfied charges of ₹20.56 Cr on record. Court records list 91 cases involving the company, including 61 filed by the company and 31 filed against it; 4 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹50.21 Cr; the latest was in April 2023.
Shimnit India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0051574). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shimnit.com.
Company details
Recognitions & Rankings of Shimnit India
Contact details
Shimnit India Private Limited's registered office is in Mumbai, Maharashtra. Its website is shimnit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8th Floor Regent Chambersnariman Point Mumbai, Maharashtra, India – 400021
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Shimnit India Private 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
Brands
Shimnit India operates one associated brand: Shimnit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automotive number plates are manufactured in Mumbai, India. | shimnit.com |
Business activity
The main business activity of Shimnit India is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Shimnit India Private Limited, buy the company report.
Financials of Shimnit India Private Limited
FY 2024 filings availableShimnit India Private Limited reported revenue of ₹87.32 Cr (up 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 59% over five years, including 48% growth in the latest year. EBITDA rose 56% 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 | ₹87.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.91 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.28 Cr | ||||
| 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 | 27.4% | ||||
| Net Profit Margin | 17.5% | ||||
| 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 Shimnit India Private Limited, buy the company report.
Board of directors of Shimnit India Private Limited
Shimnit India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhruv Manoj Patel Also directs: Shah Spinners Pvt Ltd, Shimnit Infrastructures Private Limited, Greenwash Services India Private Limited and 5 more | Director | 05 Aug 2012 | 14 Years 2 Months | Current |
| Ravindrakumar Shrigopal Inani Also directs: Shah Spinners Pvt Ltd, Shimnit Infrastructures Private Limited, Greenwash Services India Private Limited and 5 more | Director | 16 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Shimnit India Private Limited is audited by N.C.RAJ & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N.C.RAJ & ASSOCIATES | FY 2024 | 002249N |
Shareholding
The shareholding of Shimnit India Private Limited is on record for 4 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 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shimnit India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2025 | 101044195 | State Bank of India | ₹4.9 Cr | Open | |
| 24 Apr 2023 | 100744698 | Hdfc Bank Limited | ₹96.92 Lakh | Open | |
| 11 Aug 2020 | 100417440 | Others | ₹1.03 Cr | Open | |
| 06 Dec 2010 | 10265429 | Member Secretary | ₹30 Lakh | Open | |
| 09 Jan 2018 | 100162332 | Vijaya Bank | ₹7.4 Cr | Satisfied |
To see the full charge records of Shimnit India Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Shimnit India Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹50.21 Cr; the latest was in April 2023.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Glotrac Global Traffic, Tonnjes Movers International GmbH |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Tonnjes Movers International GmbH Seller: Erich UTSCH AG |
| Jan 2007 | Funding round | ₹3.21 Cr | Investors: Erich UTSCH AG, Maxell Shimnit India Limited |
To see the full deal history of Shimnit India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shimnit India Private Limited has 91 court cases on record: 61 filed by Shimnit India, 31 filed against it. 4 cases are pending and 87 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 54 | 18 | 3 |
| Supreme Court | 20 | 4 | 0 |
| District courts | 9 | 5 | 1 |
| NCLAT | 7 | 4 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Rajesh Vora [Erstwhile Managing Director of Corporate Debtor] M/S Rushabh Precision Bearings Limited Having Its Registered Office at 404, Floor 4, Plot-208, Regent Chambers, Jamnalal Bajaj Marg, Nariman Point, Mumbai- 400021 ,Mumbai , Maharashtra | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Rushabh Precision Bearings Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Rushabh Precision Bearings Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Shimnit India Private Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Mr. Rajesh Vora Promoter Director of M/S Rushabh Precision Bearings Limited | Disposed |
To see the full case history of Shimnit 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.
Credit ratings & regulatory alerts
Shimnit India Private Limited was last rated by Crisil on 14 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 May 2020 |
To see the full credit ratings and regulatory alerts of Shimnit India Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shimnit India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shimnit India has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shimnit Integrated Solutions Private Limited | U74110MH1991PTC062883 | |
| Shimnit India (Lakshadweep) Private Limited | U74900MH2012PTC231111 |
To see the full group structure of Shimnit India Private Limited, buy the company report.
Employees & EPFO
Shimnit India Private Limited has a workforce of 93 employees on its EPFO records as of Dec 17, 2025, across 1 active EPFO establishment.
GST
Shimnit India has 35 GST registrations: 26 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCS3812A1ZT | Maharashtra | Active | 01 Jul 2017 |
| 27AAFCS3812A3ZR | Maharashtra | Active | 01 Apr 2025 |
| 02AAFCS3812A1Z5 | Himachal Pradesh | Active | 01 Jul 2017 |
| 12AAFCS3812A1Z4 | Arunachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shimnit India Private Limited, buy the company report.
Recent activity
Shimnit India Private Limited has 26 board changes on record since 2001: 14 appointments and 12 cessations. The latest: Ravindrakumar Shrigopal Inani was appointed as Director on 16 Jan 2024.
31 earlier events are in the company report.
Frequently asked questions
Shimnit India is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 04 May 2001 (25+ years old) and is registered under CIN U34300MH2001PTC131877.
Shimnit India has 2 current directors:
- Dhruv Manoj Patel - Director
- Ravindrakumar Shrigopal Inani - Director
The latest financial statements of Shimnit India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shimnit India is 27AAFCS3812A1ZT, registered in Maharashtra. The company has 35 GST registrations in all, of which 26 are active and 9 are cancelled or inactive. Other active GSTINs include 27AAFCS3812A3ZR (Maharashtra), 02AAFCS3812A1Z5 (Himachal Pradesh), 12AAFCS3812A1Z4 (Arunachal Pradesh).
The CIN (Corporate Identification Number) of Shimnit India is U34300MH2001PTC131877. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shimnit India has 91 court cases on record: 61 filed by the company and 31 filed against it. 4 are pending. Most are in the high courts.
Shimnit India was incorporated on 04 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Shimnit India has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹50.21 Cr; the latest was in April 2023.
Ravindrakumar Shrigopal Inani was appointed as Director on 16 Jan 2024. Rushang Nitin Shah ceased to be Director on 16 Jan 2024. Anupamaa Venugopal ceased to be Nominee Director on 17 Sep 2021. Shimnit India has 26 board changes on record in total.
Yes, Shimnit India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0051574).