Maini Precision Products Profile
Key Indicators
- Authorised Capital ₹ 40.50 Cr
- Paid Up Capital ₹ 10.49 Cr
- Company Age 51 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 450.37 Cr
- Satisfied Charges ₹ 471.54 Cr
- Revenue Growth 34.19%
- Profit Growth 692.30%
- Ebitda 210.20%
- Net Worth 268.04%
- Total Assets 5.76%
About Maini Precision Products
Maini Precision Products Limited (MPPL) was founded in India on 03 March 1973 and has a glorious history of 51 years and 11 months. Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Maini Precision Products Private Limited. The Company is engaged in the Aviation 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 40.50 Cr and a paid-up capital of Rs 10.49 Cr.
The company currently has active open charges totaling ₹450.37 Cr. The company has closed loans amounting to ₹471.54 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maini Precision Products Limited India are V Sridhar as CFO and Vijayesh Rajendran as Company Secretary. Kewal Nohria, Gautam Maini, Sandeep Maini, and Four other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27201KA1973PLC002307
- Company No.
002307
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Mar 1973
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Maini Precision Products Limited offer?
Maini Precision Products Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Machine Parts, Crates, Trays and Pallets, Packaging Trays, CNC Machined Components, Precision Machined Components, Metal Forgings, Steel Forgings, Metal Castings, CI Castings.
Who are the key members and board of directors at Maini Precision Products?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gautam Maini  | Managing Director | 16-Oct-1989 | Current |
| V Sridhar | CFO | 11-Nov-2016 | Current |
| Vijayesh Rajendran | Company Secretary | 01-Mar-2018 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rukmani Menon | Director | 22-Oct-2019 | Current |
| Rahul Matthan | Director | 27-Oct-2021 | Current |
| Kewal Nohria | Director | 26-Mar-1999 | Current |
| Sandeep Maini | Director | 19-Sep-2007 | Current |
| Sridhar Venkatachari | Whole-Time Director and Cfo | 08-Aug-2017 | Current |
| Niten Lalpuria | Director | 22-Nov-2017 | Current |
Financial Performance of Maini Precision Products.
Maini Precision Products Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 34.19% increase. The company also saw a substantial improvement in profitability, with a 692.3% increase in profit. The company's net worth Soared by an impressive increase of 268.04%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Maini Precision Products?
In 2023, Maini Precision Products had a promoter holding of 77.13% and a public holding of 22.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sun Mobility Private LimitedSandeep Maini is a mutual person
Grow Talent Company LimitedKewal Nohria is a mutual person
Maini Plastics And Composites Private LimitedGautam Maini and Sandeep Maini are mutual person
Maini Materials Movement Private LimitedKewal Nohria, Gautam Maini and 1 more are mutual person
Td Power Systems LimitedRahul Matthan is a mutual person
Coreel Technologies (India) Private LimitedKewal Nohria is a mutual person
Charges (Loans)
₹450.37 Cr
₹471.54 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 219.12 Cr
- Others : 129.25 Cr
- Axis Bank Limited : 102.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2023 | Hdfc Bank Limited | ₹15.00 Cr | Open |
| 13 Apr 2023 | Others | ₹10.00 Cr | Open |
| 29 Oct 2022 | Hdfc Bank Limited | ₹1.12 Cr | Open |
| 27 Mar 2021 | Others | ₹18.25 Cr | Open |
| 27 Feb 2021 | Hdfc Bank Limited | ₹13.00 Cr | Open |
How Many Employees Work at Maini Precision Products?
Maini Precision Products has a workforce of 2286 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 Maini Precision Products, 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 Maini Precision Products'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.
