Madras Engineering Industries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.58 Cr
- Company Age 48 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 142.90 Cr
- Satisfied Charges ₹ 78.48 Cr
- Revenue Growth 23.64%
- Profit Growth 43.25%
- Ebitda 32.59%
- Net Worth 25.87%
- Total Assets 15.32%
About Madras Engineering Industries
Madras Engineering Industries Private Limited (MEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 November 1976 and has a history of 48 years and six months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Madras Engineering Industries Limited. The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 1.58 Cr.
The company currently has active open charges totaling ₹142.90 Cr. The company has closed loans amounting to ₹78.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Radha Parthasarathy, Sriram Sivaram, Priya Sriram, and Two other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35999TN1976PTC007223
- Company No.
007223
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Nov 1976
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
What products or services does Madras Engineering Industries Private Limited offer?
Madras Engineering Industries Private Limited offers a wide range of products and services, including Commercial Vehicle Spare Parts, Trailer Spare Parts, Sensors & Transducers, Automotive Sensors, Sheet Metal & Turned Components, Industrial Disc Brakes, Industrial Valves, Brass Water Valve, Brake Parts, Truck Brake Parts.
Madras Engineering Industries Private Limited
Explore comprehensive data for Madras Engineering Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Madras Engineering Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sriram Sivaram  | Managing Director | 02-Feb-2006 | Current |
| Priya Sriram | Managing Director | 20-Apr-2007 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Radha Parthasarathy  | Whole-Time Director | 17-Nov-1976 | Current |
| Anantharaman Ramaswamy | Whole-Time Director | 30-Sep-2022 | Current |
| Ramesh Rao | Whole-Time Director | 07-Nov-2022 | Current |
Financial Performance of Madras Engineering Industries.
Madras Engineering Industries Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 23.64% increase. The company also saw a substantial improvement in profitability, with a 43.25% increase in profit. The company's net worth Soared by an impressive increase of 25.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Madras Engineering Industries?
In 2022, Madras Engineering Industries had a promoter holding of 69.84% and a public holding of 30.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mediphore Systems And Technologies Private LimitedRadha Parthasarathy and Priya Sriram are mutual person
Young Presidents Organisation (Chennai Chapter)Sriram Sivaram is a mutual person
Cg Power And Industrial Solutions LimitedSriram Sivaram is a mutual person
Tvs Training And Services LimitedSriram Sivaram is a mutual person
Karkit Private LimitedRadha Parthasarathy and Priya Sriram are mutual person
Charges (Loans)
Open Charges
₹142.90 Cr
Satisfied Charges
₹78.48 Cr
Charges Breakdown by Lending Institutions
- Standard Chartered Bank : 85.00 Cr
- State Bank Of India : 57.73 Cr
- Indian Bank : 0.07 Cr
- India Equipment Leasing Ltd : 0.03 Cr
- Herita Finance& Securities P Ltd : 0.03 Cr
- Others : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2011 | Standard Chartered Bank | ₹85.00 Cr | Open |
| 31 Jul 1999 | India Equipment Leasing Ltd | ₹0.33 M | Open |
| 24 May 1988 | Lakshmi General Finance Ltd | ₹0.30 M | Open |
| 30 Dec 1985 | State Bank Of India | ₹57.73 Cr | Open |
| 08 Aug 1985 | Herita Finance& Securities P Ltd | ₹0.32 M | Open |
How Many Employees Work at Madras Engineering Industries?
Madras Engineering Industries has a workforce of 620 employees as of Apr 07, 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 Madras Engineering Industries, 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 Madras Engineering Industries'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 Madras Engineering Industries
Recent activity within the organization
- Annual General Meeting
Madras Engineering Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 09 Dec 2011 via Charge ID 10324857 with Standard Chartered Bank was fully satisfied on 24 Sep 2024.
- Charges
A charge with Standard Chartered Bank of Rs. 85.00 Cr registered on 28 Jul 2011 with Charge ID 10299229 was modified on 26 Apr 2024.
- Balance Sheet
Madras Engineering Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Director Appointment
Ramesh Kasaba Ranganatha Rao was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Nov 2022 & has been associated with this company since 2 years 6 months .
- Director Appointment
Anantharaman Ramaswamy was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2022 & has been associated with this company since 2 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Madras Engineering Industries Private Limited?
Madras Engineering Industries Private Limited was incorporated on 17 Nov 1976.
What is authorized share capital and paid-up capital of Madras Engineering Industries Private Limited?
The authorized share capital of Madras Engineering Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.58 Cr.
Who are the current board members & directors of Madras Engineering Industries Private Limited?
Currently 5 directors are associated with Madras Engineering Industries Private Limited.
- Radha Parthasarathy
- Sriram Sivaram
- Priya Sriram
- Anantharaman Ramaswamy
- Ramesh Kasaba Ranganatha Rao
What is the registered address of Madras Engineering Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Madras Engineering Industries Private Limited is 14 Satyanarayana Avenue, India, Madras-28., Tamil Nadu, 600028.
What is the corporate identification number (CIN) and company number of Madras Engineering Industries Private Limited?
The corporate identification number (CIN) of Madras Engineering Industries Private Limited is U35999TN1976PTC007223 and the company number is 007223 as per Ministry of Corporate Affairs (MCA).
What is the official website of Madras Engineering Industries Private Limited?
The Official website of Madras Engineering Industries Private Limited is https://www.mei.co.in
What has been the recent revenue trend for Madras Engineering Industries Private Limited?
According to the financial reports for the fiscal year 2018, the revenue trend for Madras Engineering Industries Private Limited has risen by 23.64%.
How many employees does Madras Engineering Industries Private Limited currently have?
As Per 2018 financial reports, 620 employees are currently employed by Madras Engineering Industries Private Limited.
What change has been observed in the net worth of Madras Engineering Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2018 indicates that The net worth of Madras Engineering Industries Private Limited has experienced an upsurge of 25.87%.
What are the total open charges for Madras Engineering Industries Private Limited?
As per the financial statements for fiscal Year 2018, The total open charges for Madras Engineering Industries Private Limited amount to ₹ 142.90 Cr.
When was the last Balance Sheet of Madras Engineering Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Madras Engineering Industries Private Limited was filed with the ROC on 31 Mar 2024.
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