Maco Corporation (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.59 Cr
- Company Age 22 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 65.00 Cr
- Satisfied Charges ₹ 97.97 Cr
- Revenue Growth 28.88%
- Profit Growth -1.11%
- Ebitda 28.24%
- Net Worth 14.07%
- Total Assets 18.59%
About Maco Corporation (India)
Maco Corporation (India) Private Limited (MCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 April 2002 and has a history of 22 years and 11 months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 2.59 Cr.
The company currently has active open charges totaling ₹65.00 Cr. The company has closed loans amounting to ₹97.97 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hitesh Vasa, Nagesh Patel, Ramesh Patel, and Seven other members serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U36900WB2002PTC094503
- Company No.
094503
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Apr 2002
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Engineering
What products or services does Maco Corporation (India) Private Limited offer?
Maco Corporation (India) Private Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Metal Joints, Industrial & Engineering Goods, Industrial Engineering Components, Elevators & Escalators, Scissor Lifts, Jib Cranes, Pillar Mounted Jib Crane, Metal Pipe & Plumbing Fittings, Stainless Steel Union.
Maco Corporation (India) Private Limited
Explore comprehensive data for Maco Corporation (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Maco Corporation (India)?
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiten Gandhi  | Director | 30-May-2015 | Current |
| Bhishmadeb Ghosh | Director | 30-May-2015 | Current |
| Abhijit Das | Director | 11-Jul-2017 | Current |
| Hitesh Vasa | Director | 01-Oct-2004 | Current |
| Nagesh Patel | Director | 11-Apr-2002 | Current |
| Ramesh Patel | Director | 11-Apr-2002 | Current |
Financial Performance of Maco Corporation (India).
Maco Corporation (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.88% increase. The company also saw a slight decrease in profitability, with a 1.11% decrease in profit. The company's net worth Soared by an impressive increase of 14.07%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Maco Corporation (India)?
In 2023, Maco Corporation (India) had a promoter holding of 90.26% and a public holding of 9.74%. The company had 3 Joint Ventures and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED.webp)
Sibre Brakes (India) Private LimitedHitesh Vasa and Nagesh Patel are mutual person
Sunag Engineering Pvt LtdHitesh Vasa and Ramesh Patel are mutual person
Neo Metaliks LimitedAyyagari Kamlakar is a mutual person
Metalock Maco Engineering (India) Private LimitedNagesh Patel and Hiten Gandhi are mutual person
Koppern Maco Services Private LimitedNagesh Patel is a mutual person
Durbin Technologies Private LimitedOjas Patel is a mutual person
Charges (Loans)
Open Charges
₹65.00 Cr
Satisfied Charges
₹97.97 Cr
Charges Breakdown by Lending Institutions
- Others : 40.00 Cr
- Citi Bank N.A. : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Dec 2022 | Others | ₹40.00 Cr | Open |
| 25 Jan 2016 | Citi Bank N.A. | ₹25.00 Cr | Open |
| 16 Jul 2019 | Citi Bank N.A. | ₹30.00 Cr | Satisfied |
| 03 Sep 2008 | Union Bank Of India | ₹7.00 Cr | Satisfied |
| 03 Jan 2007 | Union Bank Of India | ₹57.22 Cr | Satisfied |
How Many Employees Work at Maco Corporation (India)?
Maco Corporation (India) has a workforce of 432 employees as of Apr 06, 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 Maco Corporation (India), 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 Maco Corporation (India)'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.
Latest Updates, News, and FAQs on Maco Corporation (India)
Recent activity within the organization
- Charges
A charge with Others of Rs. 40.00 Cr registered on 02 Dec 2022 with Charge ID 100647947 was modified on 03 Jul 2024.
- Charges
A charge registered on 03 Jan 2007 via Charge ID 10031848 with Union Bank Of India was fully satisfied on 20 Jun 2024.
- Annual General Meeting
Maco Corporation (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Maco Corporation (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.
- Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 100647947 was registered on 02 Dec 2022.
- Charges
A charge with Citi Bank N.A. of Rs. 25.00 Cr registered on 25 Jan 2016 with Charge ID 10624086 was modified on 31 Oct 2022.
Frequently asked questions
What is the Incorporation or founding date of Maco Corporation (India) Private Limited?
Maco Corporation (India) Private Limited was incorporated on 11 Apr 2002.
What is authorized share capital and paid-up capital of Maco Corporation (India) Private Limited?
The authorized share capital of Maco Corporation (India) Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.59 Cr.
Who are the current board members & directors of Maco Corporation (India) Private Limited?
Currently 10 directors are associated with Maco Corporation (India) Private Limited.
- Hitesh Vasa
- Nagesh Maganlal Patel
- Ramesh Vithaldas Patel
- Hiten Narendra Gandhi
- Abhijit Das
- Ketan Ramesh Patel
- Bhishmadeb Ghosh
- Ojas Nagesh Patel
- Dilip Chakraborty
- Ayyagari Venkat Kamlakar
What is the registered address of Maco Corporation (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maco Corporation (India) Private Limited is 2/5Saratboseroadsukhsagarbldg7Thfloor India, Kolkata, West Bengal, 700020.
What is the corporate identification number (CIN) and company number of Maco Corporation (India) Private Limited?
The corporate identification number (CIN) of Maco Corporation (India) Private Limited is U36900WB2002PTC094503 and the company number is 094503 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maco Corporation (India) Private Limited?
The Official website of Maco Corporation (India) Private Limited is https://www.macocorporation.com
What has been the recent revenue trend for Maco Corporation (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Maco Corporation (India) Private Limited has risen by 28.88%.
How many employees does Maco Corporation (India) Private Limited currently have?
As Per 2023 financial reports, 432 employees are currently employed by Maco Corporation (India) Private Limited.
What change has been observed in the net worth of Maco Corporation (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maco Corporation (India) Private Limited has experienced an upsurge of 14.07%.
What are the total open charges for Maco Corporation (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Maco Corporation (India) Private Limited amount to ₹ 65.00 Cr.
When was the last Balance Sheet of Maco Corporation (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Maco Corporation (India) Private Limited was filed with the ROC on 31 Mar 2023.
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