Macwell Auto Engineering Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 15-06-2024
- Paid Up Capital ₹ 7.00 M
as on 15-06-2024
- Company Age 25 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.00 Cr
as on 15-06-2024
- Satisfied Charges ₹ 5.75 Cr
as on 15-06-2024
- Revenue 18.79%
(FY 2023)
- Profit 29.03%
(FY 2023)
- Ebitda 20.88%
(FY 2023)
- Net Worth 33.37%
(FY 2023)
- Total Assets 9.63%
(FY 2023)
About Macwell Auto Engineering
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.
- 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
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
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.
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 and Corporate Structure Insights 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.
Related Corporates (Common Directorship)
Hi-Con Techno Cast Private LimitedActive 21 years 6 monthsKirankumar Vachhani, Atman Vachhani and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 05 Apr 2016 | ₹15.00 Cr | Open |
Hdfc Bank Limited Creation Date: 30 Jun 2006 | ₹15.00 Cr | Open |
Sidbi Creation Date: 01 Oct 2020 | ₹7.54 M | 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.
