Zeltex Magnetics Private Limited

Zeltex Magnetics Private Limited - automotive in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U29263MH1988PTC046390 Incorporated 03 March 1988 ROC Pune HQ Pune, Maharashtra, India
Active Private Limited Company automotive MSME · Micro
Data last updated
Revenue · FY 2024
₹9,920
▼ 100% YoY
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹30 Lakh
Issued & subscribed
Open charges
₹4.97 Cr
Satisfied ₹36.5 Lakh
Company age
38 yrs
Est. 1988
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
Last financials
Mar 2024
Balance sheet date

About Zeltex Magnetics Private Limited

Data last updated:

Zeltex Magnetics Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 03 March 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29263MH1988PTC046390. Its GSTIN is 27AAACZ0535E1ZL (Maharashtra).

The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Milind Shantaram Harkare (Managing Director) and Suyash Milind Harkare.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No W – 179 – As Block MIDC Bhosari, Pune, Maharashtra, India – 411026.

As per MCA filings, the company has open charges of ₹4.97 Cr and satisfied charges of ₹36.5 Lakh on record.

Zeltex Magnetics Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0055100). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29263MH1988PTC046390
Registration Number 046390
Incorporation Date 03 March 1988
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0055100

Recognitions & Rankings of Zeltex Magnetics

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-26-0055100

Contact details

Zeltex Magnetics Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No W – 179 – As Block MIDC Bhosari, Pune, Maharashtra, India – 411026
  • Industry
    Automotive, Auto Parts & Components

To see the full contact details of Zeltex Magnetics Private Limited, buy the company report.

Comprehensive company report
Zeltex Magnetics 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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Financials of Zeltex Magnetics Private Limited

FY 2024 filings available

Zeltex Magnetics Private Limited reported revenue of ₹9,920 (down 100% YoY) for FY 2024.

Revenue · FY 2024
₹9,920 ▼ 100%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▼ 93%
5 years · compounded
▼ 78%

Revenue has declined at a compounded annual rate (CAGR) of 78% over five years. 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin
Net Profit Margin
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 Zeltex Magnetics Private Limited, buy the company report.

Board of directors of Zeltex Magnetics Private Limited

Zeltex Magnetics has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Suyash Milind HarkareDirector29 Sep 201214 Years 0 MonthsCurrent
Sumeet Milind HarkareDirector12 Mar 200125 Years 7 MonthsCurrent
Milind Shantaram HarkareManaging Director13 May 199432 Years 5 MonthsCurrent
Madhuri Milind HarkareDirector13 May 199432 Years 5 MonthsCurrent

Peer comparison

Zeltex Magnetics Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Malayalam Automotives Private Limited₹10,437 (FY 2023)Vyttila, Kerala, India
Awani Forge Private Limited₹10,400 (FY 2025)-32.0%Kolhapur, Maharashtra, India
Global Earth Movers Private Limited₹10,000 (FY 2024)New Delhi, Delhi, India
Zeltex Magnetics Private Limitedthis company₹9,920 (FY 2024)-100.0%Pune, Maharashtra, India
K.L.N.Engineering Products Private Limited₹9,540 (FY 2025)9.0%Bangalore, Karnataka, India
Sabre Helmets Private Limited₹9,051 (FY 2019)-98.0%Mumbai, Maharashtra, India
Greenergy Vehicles Private Limited₹9,000 (FY 2023)-94.0%Kalyan, Maharashtra, India

To see the full peer comparison of Zeltex Magnetics Private Limited, buy the company report.

Auditor

Zeltex Magnetics Private Limited is audited by NEEREN RANDIVE & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NEEREN RANDIVE & ASSOCIATESFY 2023124031

Shareholding

The shareholding of Zeltex Magnetics 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Zeltex Magnetics Private Limited, buy the company report.

Charges & borrowings

Open charges
₹4.97 Cr
Satisfied charges
₹36.5 Lakh
Breakdown by lending institutions
Bank of Maharashtra₹3.15 Cr
Others₹1.82 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jan 2020100322277Others₹1.53 CrOpen
05 Oct 2018100235459Others₹29.5 LakhOpen
04 Dec 201210394172Bank of Maharashtra₹1.35 CrOpen
04 Nov 201110354067Bank of Maharashtra₹10.8 LakhOpen
14 Sep 201010244958Bank of Maharashtra₹11.5 LakhOpen

To see the full charge records of Zeltex Magnetics Private Limited, buy the company report.

Total charge records: 10 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Zeltex Magnetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Zeltex Magnetics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACZ0535E1ZLMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Zeltex Magnetics Private Limited, buy the company report.

Recent activity

Zeltex Magnetics Private Limited has 4 board changes on record since 1994: 4 appointments. The latest: Suyash Milind Harkare was appointed as Director on 29 Sep 2012.

AGM
Zeltex Magnetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Zeltex Magnetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others amounted to Rs. 152.70 Lakh with Charge ID 100322277 was registered on 30 Jan 2020.
Charges
A charge with Others amounted to Rs. 29.50 Lakh with Charge ID 100235459 was registered on 05 Oct 2018.
Charges
A charge with Bank Of Maharashtra of Rs. 134.80 Lakh registered on 17 Apr 2002 with Charge ID 90086084 was modified on 26 Nov 2015.
Charges
A charge with Bank Of Maharashtra of Rs. 134.80 Lakh registered on 04 Dec 2012 with Charge ID 10394172 was modified on 15 Oct 2015.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 134.80 Lakh with Charge ID 10394172 was registered on 04 Dec 2012.
Appointed
Suyash Milind Harkare was appointed as Director.
Charges
A charge registered on 23 Dec 2006 via Charge ID 10105673 with Bank Of Maharashtra was fully satisfied on 24 Aug 2012.
Charges
A charge registered on 17 Apr 2002 via Charge ID 80064144 with Bank Of Maharashtra was fully satisfied on 01 Dec 2011.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 10.80 Lakh with Charge ID 10354067 was registered on 04 Nov 2011.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 11.50 Lakh with Charge ID 10244958 was registered on 14 Sep 2010.

9 earlier events are in the company report.

Frequently asked questions

Zeltex Magnetics is an active private limited company based in Pune, Maharashtra, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 03 March 1988 (38+ years old) and is registered under CIN U29263MH1988PTC046390.

Zeltex Magnetics has 4 current directors:

The latest financial statements of Zeltex Magnetics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Zeltex Magnetics is 27AAACZ0535E1ZL, registered in Maharashtra.

The CIN (Corporate Identification Number) of Zeltex Magnetics is U29263MH1988PTC046390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Zeltex Magnetics was incorporated on 03 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Zeltex Magnetics by revenue are Malayalam Automotives Private Limited, Awani Forge Private Limited, Global Earth Movers Private Limited, K.L.N.Engineering Products Private Limited, Sabre Helmets Private Limited and 1 more, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products).

Suyash Milind Harkare was appointed as Director on 29 Sep 2012. Sumeet Milind Harkare was appointed as Director on 12 Mar 2001. Madhuri Milind Harkare was appointed as Director on 13 May 1994. Zeltex Magnetics has 4 board changes on record in total.

Yes, Zeltex Magnetics is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0055100).

The registered office of Zeltex Magnetics is at Plot No W – 179 – As Block MIDC Bhosari, Pune, Maharashtra, India – 411026.

Zeltex Magnetics operates in the automotive industry, in the auto parts and components segment.