Malet Engineering Profile
Key Indicators
- Authorised Capital ₹ 6.00 M
- Paid Up Capital ₹ 3.65 M
- Company Age 68 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.25 Cr
- Satisfied Charges ₹ 5.79 Cr
- Revenue Growth 102.01%
- Profit Growth 1705.71%
- Ebitda 5206.66%
- Net Worth 1.83%
- Total Assets 650.92%
About Malet Engineering
Malet Engineering Limited (MEL) was founded in India on 28 March 1956 and has a glorious history of 68 years and ten months.Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Minimax Of India Private Limited. The Company is engaged in the Manufacturing 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 6.00 M and a paid-up capital of Rs 3.65 M.
The company currently has active open charges totaling ₹1.25 Cr. The company has closed loans amounting to ₹5.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prakash Karnani, Neha Karnani, and Sujata Bachim serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29193MH1956PLC019743
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Company No.
019743
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
28 Mar 1956
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Malet Engineering?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Karnani
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Director | 02-Sep-2000 | Current |
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Neha Karnani
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Director | 02-Sep-2000 | Current |
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Sujata Bachim
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Director | 15-Jun-2019 | Current |
Financial Performance of Malet Engineering.
Malet Engineering Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 102.01% increase. The company also saw a substantial improvement in profitability, with a 1705.71% increase in profit. The company's net worth moved up by a moderate rise of 1.83%.
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What is the Ownership and Shareholding Structure of Malet Engineering?
In 2022, Malet Engineering had a promoter holding of 99.31% and a public holding of 0.69%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Cisons Exports Private LimitedPrakash Karnani and Neha Karnani are mutual person
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Radnik Knits Pvt LtdPrakash Karnani and Neha Karnani are mutual person
Charges (Loans)
₹12.50 M
₹57.95 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Oct 2022 | Axis Bank Limited | ₹1.25 Cr | Open |
| 27 Aug 2020 | Others | ₹7.39 M | Satisfied |
| 03 Jun 2019 | Others | ₹5.06 Cr | Satisfied |
How Many Employees Work at Malet Engineering?
Unlock and access historical data on people associated with Malet Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Malet 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 Malet 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.
