M.R.C Mills Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 9.70 Cr
- Company Age 14 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.34 Cr
- Satisfied Charges ₹ 14.95 Cr
- Revenue Growth 41.09%
- Profit Growth -51.24%
- Ebitda 25.91%
- Net Worth 8.56%
- Total Assets 244.07%
About M.R.C Mills
M.R.C Mills Private Limited (MMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 2010 and has a history of 14 years and eight months. Its registered office is in Erode, Tamil Nadu, India.
The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.70 Cr.
The company currently has active open charges totaling ₹50.34 Cr. The company has closed loans amounting to ₹14.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
Company Details
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Location
Erode, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ2010PTC016079
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Company No.
016079
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 May 2010
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at M.R.C Mills?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chinnasamy Balaji
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Director | 25-May-2010 | Current |
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Venkatachalam Vijayakumar
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Director | 30-Jun-2010 | Current |
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Venkatachalam Vivekanandamoorthy
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Director | 30-Jun-2010 | Current |
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Karuppanna Sushmetha
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Director | 31-Dec-2020 | Current |
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Chinnasamy
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Director | 25-May-2010 | Current |
Financial Performance of M.R.C Mills.
M.R.C Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.09% increase. The company also saw a substantial fall in profitability, with a 51.24% decrease in profit. The company's net worth moved up by a moderate rise of 8.56%.
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What is the Ownership and Shareholding Structure of M.R.C Mills?
In 2022, M.R.C Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Mahakongu Enterprises Private LimitedChinnasamy Balaji is a mutual person
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Asia Crystal Private LimitedChinnasamy Balaji and Chinnasamy are mutual person
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Crystal Innovative LlpChinnasamy Balaji and Chinnasamy are mutual person
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Asia Crystal Commodity Llp
Chinnasamy Balaji and Chinnasamy are mutual person
Charges (Loans)
₹50.34 Cr
₹14.95 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 50.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Aug 2023 | Canara Bank | ₹2.10 Cr | Open |
| 07 Dec 2021 | Canara Bank | ₹1.24 Cr | Open |
| 26 Mar 2021 | Canara Bank | ₹47.00 Cr | Open |
| 25 Oct 2017 | Others | ₹4.25 Cr | Satisfied |
| 12 Aug 2014 | The Karur Vysya Bank Limited | ₹1.55 Cr | Satisfied |
How Many Employees Work at M.R.C Mills?
M.R.C Mills has a workforce of 450 employees as of Apr 02, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of M.R.C Mills, 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 M.R.C Mills's trajectory.
Rating
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
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.
