Macwell Auto Engineering Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 7.00 M
- Company Age 26 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.00 Cr
- Satisfied Charges ₹ 5.75 Cr
- Revenue Growth 18.79%
- Profit Growth 29.03%
- Ebitda 20.88%
- Net Worth 33.37%
- Total Assets 9.63%
About Macwell Auto Engineering
Macwell Auto Engineering Private Limited (MAEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 April 1999 and has a history of 26 years and one month. Its registered office is in Rajkot, Gujarat, India.
The Corporate was formerly known as Macwell Auto Engineering Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 7.00 M.
The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹5.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kirankumar Vachhani, Atman Vachhani, Alka Vachhani, and Two other members serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40200GJ1999PTC035772
- Company No.
035772
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Apr 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Machinery and Equipment
What products or services does Macwell Auto Engineering Private Limited offer?
Macwell Auto Engineering Private Limited offers a wide range of products and services, including Ball Bearing Assemblies & Components, Bearing Rollers, Ball Bearings and Bearing Assemblies, Roller Bearings, Spherical Roller Bearing.
Macwell Auto Engineering Private Limited
Explore comprehensive data for Macwell Auto Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Macwell Auto Engineering?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bunty Patel  | Whole-Time Director | 01-Apr-2008 | Current |
| Kirankumar Vachhani | Whole-Time Director | 01-Feb-2005 | Current |
| Atman Vachhani | Director | 22-Oct-2020 | Current |
| Alka Vachhani | Director | 23-Jan-2016 | Current |
| Mohit Tilva | Director | 01-Apr-2011 | Current |
Financial Performance of Macwell Auto Engineering.
Macwell Auto Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.79% increase. The company also saw a substantial improvement in profitability, with a 29.03% increase in profit. The company's net worth Soared by an impressive increase of 33.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Macwell Auto Engineering?
In 2023, Macwell Auto Engineering had a promoter holding of 90.71% and a public holding of 9.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Mohit Tilva is a mutual person
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Charges (Loans)
Open Charges
₹300.00 M
Satisfied Charges
₹57.54 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Apr 2016 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 30 Jun 2006 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 01 Oct 2020 | Sidbi | ₹7.54 M | Satisfied |
| 14 Sep 2018 | Sidbi | ₹5.00 Cr | Satisfied |
How Many Employees Work at Macwell Auto Engineering?
Macwell Auto Engineering has a workforce of 338 employees as of Mar 29, 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 Macwell Auto Engineering, 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 Macwell Auto Engineering'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 Macwell Auto Engineering
Recent activity within the organization
- Annual General Meeting
Macwell Auto Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 01 Oct 2020 via Charge ID 100373731 with Sidbi was fully satisfied on 26 Sep 2023.
- Charges
A charge registered on 14 Sep 2018 via Charge ID 100203257 with Sidbi was fully satisfied on 26 Sep 2023.
- Balance Sheet
Macwell Auto Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Director Appointment
Atman Kiranbhai Vachhani was appointed as a Director was appointed as a Director on 22 Oct 2020 & has been associated with this company since 4 years 7 months .
- Charges
A charge with Sidbi amounted to Rs. 7.54 M with Charge ID 100373731 was registered on 01 Oct 2020.
Frequently asked questions
What is the Incorporation or founding date of Macwell Auto Engineering Private Limited?
Macwell Auto Engineering Private Limited was incorporated on 13 Apr 1999.
What is authorized share capital and paid-up capital of Macwell Auto Engineering Private Limited?
The authorized share capital of Macwell Auto Engineering Private Limited is ₹ 7.50 M and paid-up capital is ₹ 7.00 M.
Who are the current board members & directors of Macwell Auto Engineering Private Limited?
Currently 5 directors are associated with Macwell Auto Engineering Private Limited.
- Kirankumar Chhaganbhai Vachhani
- Atman Kiranbhai Vachhani
- Alka Kirankumar Vachhani
- Mohit Vandankumar Tilva
- Bunty Chandulal Patel
What is the registered address of Macwell Auto Engineering Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Macwell Auto Engineering Private Limited is Plot No G-2401/2402/2406A Gidc Metoda Lodhika Industrial Estate, Rajkot, Gujarat, India.
What is the corporate identification number (CIN) and company number of Macwell Auto Engineering Private Limited?
The corporate identification number (CIN) of Macwell Auto Engineering Private Limited is U40200GJ1999PTC035772 and the company number is 035772 as per Ministry of Corporate Affairs (MCA).
What is the official website of Macwell Auto Engineering Private Limited?
The Official website of Macwell Auto Engineering Private Limited is https://www.macwell.in
What has been the recent revenue trend for Macwell Auto Engineering Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Macwell Auto Engineering Private Limited has risen by 18.79%.
How many employees does Macwell Auto Engineering Private Limited currently have?
As Per 2023 financial reports, 338 employees are currently employed by Macwell Auto Engineering Private Limited.
What change has been observed in the net worth of Macwell Auto Engineering Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Macwell Auto Engineering Private Limited has experienced an upsurge of 33.37%.
What are the total open charges for Macwell Auto Engineering Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Macwell Auto Engineering Private Limited amount to ₹ 30.00 Cr.
When was the last Balance Sheet of Macwell Auto Engineering Private Limited filed with the ROC?
The most recent Balance Sheet for Macwell Auto Engineering Private Limited was filed with the ROC on 31 Mar 2023.
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