Maco Corporation (India) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.59 Cr
- Company Age 22 Year, 9 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 nine 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
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Location
Kolkata, West Bengal, 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
U36900WB2002PTC094503
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Company No.
094503
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
11 Apr 2002
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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 Kolkata
Industry
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.
Who are the key members and board of directors at Maco Corporation (India)?
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiten Gandhi
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Director | 30-May-2015 | Current |
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Bhishmadeb Ghosh
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Director | 30-May-2015 | Current |
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Abhijit Das
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Director | 11-Jul-2017 | Current |
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Hitesh Vasa
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Director | 01-Oct-2004 | Current |
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Nagesh Patel
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Director | 11-Apr-2002 | Current |
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Ramesh Patel
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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
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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)
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_PRIVATE_LIMITED.webp)
Sibre Brakes (India) Private LimitedHitesh Vasa and Nagesh Patel are mutual person
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Sunag Engineering Pvt LtdHitesh Vasa and Ramesh Patel are mutual person
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Neo Metaliks LimitedAyyagari Kamlakar is a mutual person
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Metalock Maco Engineering (India) Private LimitedNagesh Patel and Hiten Gandhi are mutual person
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Koppern Maco Services Private LimitedNagesh Patel is a mutual person
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Durbin Technologies Private LimitedOjas Patel is a mutual person
Charges (Loans)
₹65.00 Cr
₹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.