Dropco Multilub Systems Private Limited

Manufacturer of centralized lubrication systems, pumps, timers, and accessories for various industries.

2000 | Faridabad, Haryana (India) | Active
Last Updated: December 10, 2024

Dropco Multilub Systems Profile

Key Indicators

  • Authorised Capital ₹ 4.50 M
  • Paid Up Capital ₹ 4.50 M
  • Company Age 24 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.12 Cr
  • Satisfied Charges ₹ 2.30 Cr
  • Revenue Growth 30.32%
  • Profit Growth 120.45%
  • Ebitda 682.05%
  • Net Worth 14.26%
  • Total Assets 19.36%

About Dropco Multilub Systems

Dropco Multilub Systems Private Limited (DMSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 November 2000 and has a history of 24 years and three months. Its registered office is in Faridabad, Haryana, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.50 M and a paid-up capital of Rs 4.50 M.

The company currently has active open charges totaling ₹8.12 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajender Kumar and Jawahar Gulati serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    dropco.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999HR2000PTC034578

  • Company No.

    034578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Dropco Multilub Systems Private Limited offer?

Dropco Multilub Systems Private Limited offers a wide range of products and services, including Pumps, Pumping Machines & Spares, Oil Pump, Hand Operated Pump, Lubrication Systems and Equipment, Lubricating Systems, Piston Pumps, Switches & Switch Boxes, Level Switches, Grease Tools, Oxygen & Nitrogen Gas Plants.

Who are the key members and board of directors at Dropco Multilub Systems?

Board Members (2)

Name Designation Appointment Date Status
Rajender Kumar Country flag representing In Director 16-Nov-2000 Current
Jawahar Gulati Country flag representing In Director 16-Nov-2000 Current

Financial Performance of Dropco Multilub Systems.

Dropco Multilub Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.32% increase. The company also saw a substantial improvement in profitability, with a 120.45% increase in profit. The company's net worth Soared by an impressive increase of 14.26%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
30.32%
Revenue from Operations
30.33%
Total Assets
19.36%
Profit or Loss
120.45%
Net Worth
14.26%
EBITDA
682.05%

What is the Ownership and Shareholding Structure of Dropco Multilub Systems?

In 2022, Dropco Multilub Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹81.21 M

Satisfied Charges

₹23.00 M

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 4.99 Cr
  • Others : 2.57 Cr
  • Tata Capital Financial Services Limited : 0.31 Cr
  • Hdfc Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
10 May 2023 Hdfc Bank Limited ₹1.60 M Open
27 May 2022 Tata Capital Financial Services Limited ₹3.10 M Open
21 Oct 2021 Hdfc Bank Limited ₹0.88 M Open
24 Jul 2017 Others ₹2.57 Cr Open
23 Sep 2013 Punjab National Bank ₹3.90 M Open

How Many Employees Work at Dropco Multilub Systems?

Dropco Multilub Systems has a workforce of 30 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Dropco Multilub Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Dropco Multilub Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Dropco Multilub Systems

Recent activity within the organization

  • Annual General Meeting

    Dropco Multilub Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 25.73 M registered on 24 Jul 2017 with Charge ID 100128767 was modified on 21 Jun 2024.

    21 Jun 2024

  • Balance Sheet

    Dropco Multilub Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.60 M with Charge ID 100739325 was registered on 10 May 2023.

    10 May 2023

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 3.10 M with Charge ID 100582979 was registered on 27 May 2022.

    27 May 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.88 M with Charge ID 100511413 was registered on 21 Oct 2021.

    21 Oct 2021

Frequently asked questions

  • Dropco Multilub Systems Private Limited was incorporated on 16 Nov 2000.

  • The authorized share capital of Dropco Multilub Systems Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.50 M.

  • Currently 2 directors are associated with Dropco Multilub Systems Private Limited.

    • Rajender Kumar
    • Jawahar Lal Gulati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Dropco Multilub Systems Private Limited is Plot No. 152 Sector-58, Behind Jdb India Ltd, Faridabad, Haryana, 121001.

  • The corporate identification number (CIN) of Dropco Multilub Systems Private Limited is U74999HR2000PTC034578 and the company number is 034578 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Dropco Multilub Systems Private Limited is https://www.dropco.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Dropco Multilub Systems Private Limited has risen by 30.32%.

  • As Per 2022 financial reports, 30 employees are currently employed by Dropco Multilub Systems Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Dropco Multilub Systems Private Limited has experienced an upsurge of 14.26%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Dropco Multilub Systems Private Limited amount to ₹ 8.12 Cr.

  • The most recent Balance Sheet for Dropco Multilub Systems Private Limited was filed with the ROC on 31 Mar 2024.