MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-03-0015677
Surface Improvements (India) Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹94.99 Lakh
▼ 27% YoY
Net profit · FY 2023
₹10,300
Net margin 0.1%
EBITDA · FY 2023
₹11.17 Lakh
EBITDA margin 11.8%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹37.83 Lakh
Issued & subscribed
Open charges
₹88 Lakh
Satisfied ₹82.4 Lakh
Company age
33 yrs
Est. 1993
Employees · EPFO
3
Provident fund records
About Surface Improvements (India) Private Limited
Data last updated:
Surface Improvements (India) Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1993PTC013886. Its GSTIN is 29AABCS8814L1ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹37.83 Lakh. It is led by directors Balakrishnan Chandrasekhar (Managing Director) and Sheela Chandrasekhar.
Its last annual general meeting (AGM) was held on 22 January 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Survey No. 20 Anjanapura Main Road Alahalli Telephone Exchange Compound Anjanapura, Bangalore, Karnataka, India – 560108.
As per the financials filed for FY 2023, the company reported a revenue of ₹94.99 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹10,300 (net margin 0.1%) and EBITDA of ₹11.17 Lakh (EBITDA margin 11.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 12% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹88 Lakh and satisfied charges of ₹82.4 Lakh on record.
Surface Improvements (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0015677). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surfaceimprovements.com.
Company details
CIN U85110KA1993PTC013886
Registration Number 013886
Incorporation Date 12 January 1993
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 22 January 2024
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0015677
CIN history
Surface Improvements (India) has one previous CIN (Corporate Identification Number): U85110KA1993PLC013886. The current CIN is U85110KA1993PTC013886, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1993PTC013886 | Current |
| U85110KA1993PLC013886 | Previous |
Recognitions & Rankings of Surface Improvements (India)
Contact details
Surface Improvements (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is surfaceimprovements.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSurvey No. 20 Anjanapura Main Road Alahalli Telephone Exchange Compound Anjanapura, Bangalore, Karnataka, India – 560108
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Surface Improvements (India) Private Limited, buy the company report.
Comprehensive company report
Surface Improvements (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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Surface Improvements (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 Surface Improvements (India) Private Limited, buy the company report.
Financials of Surface Improvements (India) Private Limited
FY 2023 filings availableSurface Improvements (India) Private Limited reported revenue of ₹94.99 Lakh (down 27% YoY) for FY 2023.
Revenue · FY 2023
₹94.99 Lakh ▼ 27%
Net profit · FY 2023
₹10,300 margin 0.1%
EBITDA · FY 2023
₹11.17 Lakh margin 11.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 2%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 7%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 27% fall in the latest year. EBITDA fell 9% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹11.17 Lakh | ||||
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| Net Profit (PAT) | ₹10,300 | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 11.8% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Surface Improvements (India) Private Limited, buy the company report.
Board of directors of Surface Improvements (India) Private Limited
Surface Improvements (India) 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 |
|---|---|---|---|---|
| Sheela Chandrasekhar Also directs: Cryo Deflashing & Allied Technologies Private Limited | Director | 01 Nov 2008 | 17 Years 11 Months | Current |
| Balakrishnan Chandrasekhar | Managing Director | 01 Oct 2004 | 22 Years 0 Months | Current |
Peer comparison
Surface Improvements (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 |
|---|---|---|---|---|---|---|
| Master Pulverisers (India) Private Limited | ₹95.47 Lakh (FY 2025) | 71.0% | Mumbai, Maharashtra, India | |||
| Jayanand Enterprises Private Limited | ₹95.11 Lakh (FY 2025) | 19.0% | Pune, Maharashtra, India | |||
| Surface Improvements (India) Private Limitedthis company | ₹94.99 Lakh (FY 2023) | ₹10,300 | 0.1% | -27.0% | 3 | Bangalore, Karnataka, India |
| Vir Innovations Private Limited | ₹94.33 Lakh (FY 2025) | 36.0% | Hyderabad, Telangana, India | |||
| Charmi Machinery Industries Private Limited | ₹93.95 Lakh (FY 2017) | -18.0% | Ahmedabad, Gujarat, India | |||
| JSD Industrial Consultant Private Limited | ₹93.87 Lakh (FY 2025) | 6.0% | Faridabad, Haryana, India | |||
| Indmacsol Private Limited | ₹93.44 Lakh (FY 2024) | -6.0% | Hobli Ramanagara, Karnataka, India |
To see the full peer comparison of Surface Improvements (India) Private Limited, buy the company report.
Auditor
Surface Improvements (India) Private Limited is audited by A K RANGANATHAN ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A K RANGANATHAN ASSOCIATES | FY 2016 | 003058S |
Shareholding
The shareholding of Surface Improvements (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Surface Improvements (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹88 Lakh
Satisfied charges
₹82.4 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Feb 2010 | 10405781 | State Bank of India | ₹88 Lakh | Open | |
| 21 Apr 2007 | 10050998 | State Bank of Patialia | ₹10 Lakh | Satisfied | |
| 04 Apr 2007 | 10050763 | State Bank of Patialia | ₹10 Lakh | Satisfied | |
| 14 Dec 2006 | 10086177 | New Link Overseas Finance Ltd | ₹35.4 Lakh | Satisfied | |
| 20 Feb 1995 | 80057474 | State Bank of Hyderabad | ₹27 Lakh | Satisfied |
To see the full charge records of Surface Improvements (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Surface Improvements (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 Surface Improvements (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Surface Improvements (India) Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
50%
GST
Surface Improvements (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 |
|---|---|---|---|
| 29AABCS8814L1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surface Improvements (India) Private Limited, buy the company report.
Recent activity
Surface Improvements (India) Private Limited has 4 board changes on record since 2004: 2 appointments and 2 cessations. The latest: Ramgopal Sharma ceased to be Director on 08 Mar 2018.
AGM
Surface Improvements (India) Private Limited last Annual general meeting of members was held on 22 Jan 2024 as per latest MCA records.
Filing
Surface Improvements (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 88.00 Lakh registered on 17 Feb 2010 with Charge ID 10405781 was modified on 21 Mar 2022.
Ceased
Ramgopal Sharma ceased to be Director.
Charges
A charge registered on 14 Dec 2006 via Charge ID 10086177 with New Link Overseas Finance Ltd was fully satisfied on 19 Feb 2010.
Charges
A charge with State Bank Of India amounted to Rs. 88.00 Lakh with Charge ID 10405781 was registered on 17 Feb 2010.
Charges
A charge registered on 21 Apr 2007 via Charge ID 10050998 with State Bank Of Patialia was fully satisfied on 13 Feb 2010.
Charges
A charge registered on 04 Apr 2007 via Charge ID 10050763 with State Bank Of Patialia was fully satisfied on 13 Feb 2010.
Charges
A charge registered on 20 Feb 1995 via Charge ID 80057474 with State Bank Of Hyderabad was fully satisfied on 12 Jan 2010.
Ceased
Hariharan Parasurama Iyer ceased to be Director.
Appointed
Sheela Chandrasekhar was appointed as Director.
Charges
A charge with State Bank Of Patialia amounted to Rs. 10.00 Lakh with Charge ID 10050998 was registered on 21 Apr 2007.
5 earlier events are in the company report.
Frequently asked questions
Surface Improvements (India) is an active private limited company based in Bangalore, Karnataka, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 12 January 1993 (33+ years old) and is registered under CIN U85110KA1993PTC013886.
Surface Improvements (India) has 2 current directors:
- Balakrishnan Chandrasekhar - Managing Director
- Sheela Chandrasekhar - Director
The latest financial statements of Surface Improvements (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 January 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Surface Improvements (India) is 29AABCS8814L1ZU, registered in Karnataka. 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 Surface Improvements (India) is U85110KA1993PTC013886. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surface Improvements (India) was incorporated on 12 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Surface Improvements (India) by revenue are Master Pulverisers (India) Private Limited, Jayanand Enterprises Private Limited, Vir Innovations Private Limited, Charmi Machinery Industries Private Limited, JSD Industrial Consultant 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).
Ramgopal Sharma ceased to be Director on 08 Mar 2018. Hariharan Parasurama Iyer ceased to be Director on 01 Nov 2008. Sheela Chandrasekhar was appointed as Director on 01 Nov 2008. Surface Improvements (India) has 4 board changes on record in total.
Yes, Surface Improvements (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0015677).
Surface Improvements (India) can be reached through the website surfaceimprovements.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Surface Improvements (India) is at Survey No. 20 Anjanapura Main Road Alahalli Telephone Exchange Compound Anjanapura, Bangalore, Karnataka, India – 560108.