MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0023471
Storewell Storage Solutions Private Limited - consumer electronics & durables in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹39.61 Lakh
▼ 25% YoY
Net profit · FY 2024
₹9,686
Net margin 0.2%
EBITDA · FY 2024
₹1.03 Lakh
EBITDA margin 2.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Satisfied ₹10 Lakh
Company age
22 yrs
Est. 2004
Directors on board
2
As per MCA filings
About Storewell Storage Solutions Private Limited
Data last updated:
Storewell Storage Solutions Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 03 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29305GJ2004PTC044548. Its GSTIN is 24AAICS4987R1ZB (Gujarat).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Maheshbhai Babubhai Kachhadiya and Sailesh Babubhai Kachaiya.
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 Shreeji Estateplot No 8 & 9 Sidc Road Veraval Main Road, Rajkot, Gujarat, India – 361002.
As per the financials filed for FY 2024, the company reported a revenue of ₹39.61 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹9,686 (net margin 0.2%) and EBITDA of ₹1.03 Lakh (EBITDA margin 2.6%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.
As per MCA filings, the company has open charges of ₹5 Lakh and satisfied charges of ₹10 Lakh on record.
Storewell Storage Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0023471). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smkstorewell.com.
Company Details of Storewell Storage Solutions Private Limited
CIN U29305GJ2004PTC044548
Registration Number 044548
Incorporation Date 03 August 2004
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0023471
Recognitions & Rankings of Storewell Storage Solutions
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShreeji Estateplot No 8 & 9 Sidc Road Veraval Main Road, Rajkot, Gujarat, India – 361002
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
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Business Activity of Storewell Storage Solutions Private Limited
The main business activity of Storewell Storage Solutions is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Storewell Storage Solutions Private Limited FY 2025 filings available
Storewell Storage Solutions Private Limited reported revenue of ₹39.61 Lakh (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹39.61 Lakh ▼ 25%
Net profit · FY 2024
₹9,686 margin 0.2%
EBITDA · FY 2024
₹1.03 Lakh margin 2.6%
Compounded Annual Growth Rate (CAGR) of Storewell Storage Solutions Private Limited
Revenue CAGR growth
1 year
▼ 25%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 2%
5 years · compounded
▼ 1%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 25% fall in the latest year. EBITDA fell 8% 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 of Storewell Storage Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.03 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9,686 | •••• | •••• | •••• | •••• |
| 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 of Storewell Storage Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Storewell Storage Solutions are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Storewell Storage Solutions Private Limited
Storewell Storage Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshbhai Babubhai Kachhadiya | Director | 03 Aug 2004 | 22 Years 2 Months | Current |
| Sailesh Babubhai Kachaiya | Director | 17 Aug 2006 | 20 Years 2 Months | Current |
Peer Comparison of Storewell Storage Solutions Private Limited
Storewell Storage Solutions Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jove Steels Private Limited | ₹40.11 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | New Delhi, Delhi, India |
| Khemani Iron and Steel Company Limited | ₹40.03 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
| Tinsley Anro Steels Limited | ₹39.99 Lakh (FY 2024) | •••• | •••• | -58.0% | •••• | Nagpur, Maharashtra, India |
| S V Steel and Alloys Pvt Ltd | ₹39.96 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Thane, Maharashtra, India |
| Neelkanth Bright Bars Private Limited | ₹39.92 Lakh (FY 2023) | •••• | •••• | -44.0% | •••• | Hoskote, Karnataka, India |
| Storewell Storage Solutions Private Limited this company | ₹39.61 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Rajkot, Gujarat, India |
| Sajawat Steel and Ply Pvt Ltd | ₹39.37 Lakh (FY 2017) | •••• | •••• | -15.0% | •••• | Rajkot, Gujarat, India |
| Eastern Anticorrosives Ltd | ₹39.24 Lakh (FY 2025) | •••• | •••• | -76.0% | •••• | Asansol, West Bengal, India |
| Satish Steel Private Limited | ₹39.06 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Shree Balaji Furnaces Private Limited | ₹39.03 Lakh (FY 2025) | •••• | •••• | -98.0% | •••• | New Delhi, Delhi, India |
| Procadus Steel Private Limited | ₹39.01 Lakh (FY 2024) | •••• | •••• | -72.0% | •••• | Warangal, Telangana, India |
Peers are the five companies nearest above and the five nearest below Storewell Storage Solutions by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Storewell Storage Solutions Private Limited
Storewell Storage Solutions Private Limited is audited by N K KORAT & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N K KORAT & ASSOCIATES | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Storewell Storage Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Storewell Storage Solutions Private Limited
Open charges
₹5 Lakh
Satisfied charges
₹10 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 May 2007 | Rajkot People'S Co - Operative Bank Limited. | ₹5 Lakh | Open |
| 13 Dec 2004 | Rajkot People'S Co-Operative Bank Limited | ₹10 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Storewell Storage Solutions Private Limited
Employment history and EPFO contributions of people linked to Storewell Storage Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Storewell Storage Solutions Private Limited
Storewell Storage Solutions Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Sanjaybhai Vallabhbhai Kachhadiya ceased to be Director on 20 Nov 2006.
AGM
Storewell Storage Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Storewell Storage Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 13 Dec 2004 via Charge ID 80058794 with Rajkot People'S Co-Operative Bank Limited was fully satisfied on 13 Jul 2011.
Charges
A charge with Rajkot People'S Co - Operative Bank Limited. of Rs. 5.00 Lakh registered on 12 May 2007 with Charge ID 10053348 was modified on 22 Mar 2010.
Charges
A charge with Rajkot People'S Co - Operative Bank Limited. amounted to Rs. 5.00 Lakh with Charge ID 10053348 was registered on 12 May 2007.
Ceased
Sanjaybhai Vallabhbhai Kachhadiya ceased to be Director.
Appointed
Sailesh Babubhai Kachaiya was appointed as Director.
Charges
A charge with Rajkot People'S Co-Operative Bank Limited amounted to Rs. 10.00 Lakh with Charge ID 80058794 was registered on 13 Dec 2004.
Appointed
Maheshbhai Babubhai Kachhadiya was appointed as Director.
Incorporation
03 Aug 2004
Storewell Storage Solutions Private Limited was registered on 03 Aug 2004 with Roc Ahmedabad & aged 22 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Storewell Storage Solutions Private Limited
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MSME Payment Delays by Storewell Storage Solutions Private Limited
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Subsidiaries & Group Companies of Storewell Storage Solutions Private Limited
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Corporate group structure
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GST Compliance of Storewell Storage Solutions Private Limited
Storewell Storage Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS4987R1ZB | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Storewell Storage Solutions Private Limited
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MCA filings and documents
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Frequently Asked Questions about Storewell Storage Solutions Private Limited
Storewell Storage Solutions is an active private limited company based in Rajkot, Gujarat, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 03 August 2004 (22+ years old) and is registered under CIN U29305GJ2004PTC044548.
Storewell Storage Solutions reported revenue of ₹39.61 Lakh for FY 2024 (down 25% YoY).
Storewell Storage Solutions has 2 current directors:
- Maheshbhai Babubhai Kachhadiya - Director
- Sailesh Babubhai Kachaiya - Director
Storewell Storage Solutions reported a net profit of ₹9,686 (net margin 0.2%) and EBITDA of ₹1.03 Lakh (EBITDA margin 2.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Storewell Storage Solutions is -9% over five years. In the latest year (FY 2024) revenue fell 25%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Storewell Storage Solutions is 24AAICS4987R1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Storewell Storage Solutions is U29305GJ2004PTC044548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Storewell Storage Solutions was incorporated on 03 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Storewell Storage Solutions by revenue are Jove Steels Private Limited, Khemani Iron and Steel Company Limited, Tinsley Anro Steels Limited, S V Steel and Alloys Pvt Ltd, Neelkanth Bright Bars Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Sanjaybhai Vallabhbhai Kachhadiya ceased to be Director on 20 Nov 2006. Sailesh Babubhai Kachaiya was appointed as Director on 17 Aug 2006. Maheshbhai Babubhai Kachhadiya was appointed as Director on 03 Aug 2004.
Yes, Storewell Storage Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0023471).