Madras Engineering Industries Private Limited

Manufactures machined products for automotive industry, including slack adjusters, clutch boosters, and brake components.

1976 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 11, 2025

Madras Engineering Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.58 Cr
  • Company Age 48 Year, 3 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 three 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

    mei.co.in

  • 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.

Who are the key members and board of directors at Madras Engineering Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Sriram Sivaram Country flag representing Us Managing Director02-Feb-2006Current
Priya Sriram Country flag representing Us Managing Director20-Apr-2007Current

Board Members (3)

NameDesignationAppointment DateStatus
Radha Parthasarathy Country flag representing In Whole-Time Director 17-Nov-1976Current
Anantharaman Ramaswamy Country flag representing In Whole-Time Director 30-Sep-2022Current
Ramesh Rao Country flag representing In Whole-Time Director 07-Nov-2022Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
23.64%
Revenue from Operations
23.43%
Total Assets
15.32%
Profit or Loss
43.25%
Net Worth
25.87%
EBITDA
32.59%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
28 Jul 2011Standard Chartered Bank₹85.00 CrOpen
31 Jul 1999India Equipment Leasing Ltd₹0.33 MOpen
24 May 1988Lakshmi General Finance Ltd₹0.30 MOpen
30 Dec 1985State Bank Of India₹57.73 CrOpen
08 Aug 1985Herita Finance& Securities P Ltd₹0.32 MOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

    30 Sep 2024

  • Charges

    A charge registered on 09 Dec 2011 via Charge ID 10324857 with Standard Chartered Bank was fully satisfied on 24 Sep 2024.

    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.

    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.

    31 Mar 2024

  • 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 3 months .

    07 Nov 2022

  • 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 4 months .

    30 Sep 2022

Frequently asked questions

  • Madras Engineering Industries Private Limited was incorporated on 17 Nov 1976.

  • The authorized share capital of Madras Engineering Industries Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.58 Cr.

  • Currently 5 directors are associated with Madras Engineering Industries Private Limited.

    • Radha Parthasarathy
    • Sriram Sivaram
    • Priya Sriram
    • Anantharaman Ramaswamy
    • Ramesh Kasaba Ranganatha Rao
  • 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.

  • 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).

  • The Official website of Madras Engineering Industries Private Limited is https://www.mei.co.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Madras Engineering Industries Private Limited has risen by 23.64%.

  • As Per 2018 financial reports, 620 employees are currently employed by Madras Engineering Industries Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Madras Engineering Industries Private Limited amount to ₹ 142.90 Cr.

  • The most recent Balance Sheet for Madras Engineering Industries Private Limited was filed with the ROC on 31 Mar 2024.

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