- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0008818

About Utech Fasten Private Limited
Data last updated:
Utech Fasten Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 20 January 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36990GJ2005PTC045329. Its GSTIN is 24AAACU7305B1ZW (Gujarat). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Dhaval Sureshchandra Shah (Whole-Time Director) and Hirendra Kumar Vyas.
Its last annual general meeting (AGM) was held on 05 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 179 GIDC Waghodia, Vadodara, Gujarat, India – 391760.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.38 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 2.8%) and EBITDA of ₹2.14 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 7% over five years.
The company has about 90 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: U Tech Fasten. As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹15.08 Cr on record. Court records list 20 cases involving the company, including 15 filed by the company and 5 filed against it; 10 cases are pending.
Utech Fasten Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0008818). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website utechfasten.in.
Company details
Recognitions & Rankings of Utech Fasten
Contact details
Utech Fasten Private Limited's registered office is in Vadodara, Gujarat. Its website is utechfasten.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 179 GIDC Waghodia, Vadodara, Gujarat, India – 391760
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Utech Fasten 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
Utech Fasten operates one associated brand: U Tech Fasten. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of industrial fasteners and tools for various sectors. | utechfasten.in |
Business activity
The main business activities of Utech Fasten are manufacturing and trade. In detail, this covers metal and metal products and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Utech Fasten Private Limited, buy the company report.
Financials of Utech Fasten Private Limited
FY 2025 filings availableUtech Fasten Private Limited reported revenue of ₹36.38 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 19% 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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| EBITDA | ₹2.14 Cr | ||||
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| Net Profit (PAT) | ₹1.03 Cr | ||||
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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 | 5.9% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Utech Fasten Private Limited, buy the company report.
Board of directors of Utech Fasten Private Limited
Utech Fasten has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Sureshchandra Shah | Whole-Time Director | 01 Oct 2020 | 6 Years 1 Months | Current |
| Hirendra Kumar Vyas | Director | 20 Jan 2005 | 21 Years 9 Months | Current |
| Harsh Vyas | Director | 25 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Utech Fasten Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navdeep Tools Private Limited | ₹36.53 Cr (FY 2024) | 11.0% | Faridabad, Haryana, India | |||
| Shaildeep Engineering Private Limited | ₹36.5 Cr (FY 2025) | 29.0% | Rajkot, Gujarat, India | |||
| Utech Fasten Private Limitedthis company | ₹36.38 Cr (FY 2025) | ₹1.03 Cr | 2.8% | -7.0% | 90 | Vadodara, Gujarat, India |
| Vijay Springs (India) Private Limited | ₹36.37 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| MRK Impex Private Limited | ₹36.26 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Cears Dies and Moulds Private Limited | ₹36.16 Cr (FY 2025) | 11.0% | Nashik, Maharashtra, India |
To see the full peer comparison of Utech Fasten Private Limited, buy the company report.
Auditor
Utech Fasten Private Limited is audited by R. K. DHUPIA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. K. DHUPIA & ASSOCIATES | FY 2023 | 113515W |
Shareholding
The shareholding of Utech Fasten Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Utech Fasten Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2019 | 100308949 | Axis Bank Limited | ₹8 Cr | Open | |
| 07 Jun 2019 | 100271624 | Axis Bank Limited | ₹8 Cr | Open | |
| 19 Nov 2010 | 10250802 | Others | ₹4.98 Cr | Satisfied | |
| 28 Sep 2010 | 10249527 | Others | ₹4.98 Cr | Satisfied | |
| 07 Sep 2005 | 80017833 | State Bank of India | ₹2.45 Cr | Satisfied |
To see the full charge records of Utech Fasten Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Utech Fasten Private Limited has 20 court cases on record: 15 filed by Utech Fasten, 5 filed against it. 10 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 1 | 6 |
| High courts | 4 | 4 | 4 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (SCR.A) | Filed against the company by M/S Aero Tech Solutions | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed by the company against Sri Laxmi Balaji Enterprises and 1 other | Pending |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against M/S. Aero Tech Solusions ( A Proprietary Firm) and 2 others | Pending |
| District court, Vadodara, Gujarat | Criminal miscellaneous application | Filed by the company against Vennela Enterprises and 1 other | Pending |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed by the company against M/S Vennela Enterprises | Pending |
To see the full case history of Utech Fasten 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 Utech Fasten Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Utech Fasten Private Limited has a workforce of 90 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Utech Fasten has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACU7305B1ZW | Gujarat | Active | 01 Jul 2017 |
| 08AAACU7305B1ZQ | Rajasthan | Active | 28 Jul 2021 |
To see the full GST registrations and return filing status of Utech Fasten Private Limited, buy the company report.
Recent activity
Utech Fasten Private Limited has 9 board changes on record since 2005: 3 appointments and 6 cessations. The latest: Harsh Vyas ceased to be Additional Director on 20 Jun 2022.
16 earlier events are in the company report.
Frequently asked questions
Utech Fasten is an active private limited company based in Vadodara, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 20 January 2005 (21+ years old) and is registered under CIN U36990GJ2005PTC045329.
Utech Fasten has 3 current directors:
- Dhaval Sureshchandra Shah - Whole-Time Director
- Hirendra Kumar Vyas - Director
- Harsh Vyas - Director
The latest financial statements of Utech Fasten on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 05 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Utech Fasten is 24AAACU7305B1ZW, registered in Gujarat. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAACU7305B1ZQ (Rajasthan).
The CIN (Corporate Identification Number) of Utech Fasten is U36990GJ2005PTC045329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Utech Fasten has 20 court cases on record: 15 filed by the company and 5 filed against it. 10 are pending. Most are in the district courts.
Utech Fasten was incorporated on 20 January 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Utech Fasten by revenue are Navdeep Tools Private Limited, Shaildeep Engineering Private Limited, Vijay Springs (India) Private Limited, MRK Impex Private Limited, Cears Dies and Moulds Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Harsh Vyas ceased to be Additional Director on 20 Jun 2022. Dhaval Sureshchandra Shah ceased to be Director on 11 Jun 2022. Yogesh Krishnarao Nathile ceased to be Director on 11 Jun 2022. Utech Fasten has 9 board changes on record in total.
Yes, Utech Fasten is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0008818).
Utech Fasten can be reached through the website utechfasten.in. Its registered office is in Vadodara, Gujarat, India.

