Major Appliances India Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.10 M
- Company Age 20 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 11.99 Cr
- Satisfied Charges ₹ 7.05 M
- Revenue Growth -2.86%
- Profit Growth -47.83%
- Ebitda 72.47%
- Net Worth -1.08%
- Total Assets -1.49%
About Major Appliances India
Major Appliances India Private Limited (MAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 April 2004 and has a history of 20 years and ten months. Its registered office is in Kandivali, Maharashtra, India.
The Corporate was formerly known as Major Lighting Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 2.50 M and a paid-up capital of Rs 2.10 M.
The company currently has active open charges totaling ₹11.99 Cr. The company has closed loans amounting to ₹7.05 M, as per Ministry of Corporate Affairs (MCA) records.
Shashidhar Shetty, Nandini Shetty, Vikram Shetty, and One other member serve as directors at the Company.
Company Details
- Location
Kandivali, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U52100MH2004PTC145768
- Company No.
145768
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Apr 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Major Appliances India?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nandini Shetty  | Director | 19-Apr-2004 | Current |
| Shashidhar Shetty | Director | 19-Apr-2004 | Current |
| Vikram Shetty | Director | 11-Jan-2014 | Current |
| Prathijna Shetty | Director | 06-Jun-2024 | Current |
Financial Performance of Major Appliances India.
Major Appliances India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.86% decrease. The company also saw a substantial fall in profitability, with a 47.83% decrease in profit. The company's net worth dipped by a decrease of 1.08%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Major Appliances India?
In 2023, Major Appliances India had a promoter holding of 65.43% and a public holding of 34.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹119.87 M
Satisfied Charges
₹7.05 M
Charges Breakdown by Lending Institutions
- Canara Bank : 4.64 Cr
- Syndicate Bank : 3.55 Cr
- Others : 2.25 Cr
- State Bank Of India : 1.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Oct 2019 | Canara Bank | ₹4.64 Cr | Open |
| 26 Apr 2019 | State Bank Of India | ₹1.55 Cr | Open |
| 22 Dec 2016 | Others | ₹2.25 Cr | Open |
| 21 Feb 2015 | Syndicate Bank | ₹1.50 Cr | Open |
| 17 Oct 2013 | Syndicate Bank | ₹9.50 M | Open |
How Many Employees Work at Major Appliances India?
Major Appliances India has a workforce of 11 employees as of Apr 09, 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 Major Appliances India, 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 Major Appliances India'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 Major Appliances India
Recent activity within the organization
- Director Appointment
Prathijna Vikram Shetty was appointed as a Director was appointed as a Director on 06 Jun 2024 & has been associated with this company since 8 months 27 days .
- Annual General Meeting
Major Appliances India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Major Appliances India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Canara Bank of Rs. 46.37 M registered on 24 Oct 2019 with Charge ID 100306458 was modified on 24 Mar 2023.
- Charges
A charge with State Bank Of India of Rs. 15.50 M registered on 26 Apr 2019 with Charge ID 100263280 was modified on 15 Mar 2023.
- Charges
A charge with Canara Bank amounted to Rs. 46.37 M with Charge ID 100306458 was registered on 24 Oct 2019.
Frequently asked questions
What is the Incorporation or founding date of Major Appliances India Private Limited?
Major Appliances India Private Limited was incorporated on 19 Apr 2004.
What is authorized share capital and paid-up capital of Major Appliances India Private Limited?
The authorized share capital of Major Appliances India Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.10 M.
Who are the current board members & directors of Major Appliances India Private Limited?
Currently 4 directors are associated with Major Appliances India Private Limited.
- Shashidhar Shivanna Shetty
- Nandini Shashidhar Shetty
- Vikram Shetty
- Prathijna Vikram Shetty
What is the registered address of Major Appliances India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Major Appliances India Private Limited is 1405 A Riviera Tower Lokhandwala Complex Kandivali East, Maharashtra, India, 400101.
What is the corporate identification number (CIN) and company number of Major Appliances India Private Limited?
The corporate identification number (CIN) of Major Appliances India Private Limited is U52100MH2004PTC145768 and the company number is 145768 as per Ministry of Corporate Affairs (MCA).
What is the official website of Major Appliances India Private Limited?
The Official website of Major Appliances India Private Limited is https://www.majorlighting.co.in
What has been the recent revenue trend for Major Appliances India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Major Appliances India Private Limited has fallen by -2.86%.
How many employees does Major Appliances India Private Limited currently have?
As Per 2023 financial reports, 11 employees are currently employed by Major Appliances India Private Limited.
What change has been observed in the net worth of Major Appliances India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Major Appliances India Private Limited has experienced an downturn of -1.08%.
What are the total open charges for Major Appliances India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Major Appliances India Private Limited amount to ₹ 11.99 Cr.
When was the last Balance Sheet of Major Appliances India Private Limited filed with the ROC?
The most recent Balance Sheet for Major Appliances India Private Limited was filed with the ROC on 31 Mar 2023.