Manatec Electronics Private Limited

Manufacturer and trader of garage equipment for 2/3 wheelers, including wheel aligners, balancers, and more.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 18, 2024

Manatec Electronics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.91 Cr
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 26.70 Cr
  • Satisfied Charges ₹ 20.02 Cr
  • Revenue Growth 42.61%
  • Profit Growth 43.39%
  • Ebitda 30.19%
  • Net Worth 18.12%
  • Total Assets 87.83%

About Manatec Electronics

Manatec Electronics Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 April 2007 and has a history of 17 years and nine months. Its registered office is in Chennai, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.91 Cr.

The company currently has active open charges totaling ₹26.70 Cr. The company has closed loans amounting to ₹20.02 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amith Kalaiichelvan, Vijayaragavan, and Kalaiichelvan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    manatec.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29199TN2007PTC093265

  • Company No.

    093265

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Apr 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Manatec Electronics Private Limited offer?

Manatec Electronics Private Limited offers a wide range of products and services, including Cleaning Machines & Equipments, Vehicle Washers, Cutting Machines & Equipment, Metal Cutting Machines, Cranes, Forklift & Lifting Machines, Crane, Water Treatment & Purification Plant, UV Water Treatment System, Analyzers & Analytical Instruments, Elemental Analyzer.

Who are the key members and board of directors at Manatec Electronics?

Executive Team (1)

Name Designation Appointment Date Status
Kalaiichelvan Country flag representing In Managing Director 05-Dec-2007 Current

Board Members (2)

Name Designation Appointment Date Status
Amith Kalaiichelvan Country flag representing In Director 16-Aug-2021 Current
Vijayaragavan Country flag representing In Director 30-May-2008 Current

Financial Performance of Manatec Electronics.

Manatec Electronics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.61% increase. The company also saw a substantial improvement in profitability, with a 43.39% increase in profit. The company's net worth Soared by an impressive increase of 18.12%.

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
42.61%
Revenue from Operations
40.65%
Total Assets
87.83%
Profit or Loss
43.39%
Net Worth
18.12%
EBITDA
30.19%

What is the Ownership and Shareholding Structure of Manatec Electronics?

In 2023, Manatec Electronics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.70 Cr

Satisfied Charges

₹20.02 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 22.70 Cr
  • Others : 4.00 Cr

Latest Charge Details

Date Lender Amount Status
27 Mar 2023 Others ₹4.00 Cr Open
30 May 2016 Axis Bank Limited ₹22.70 Cr Open
27 Feb 2013 Small Industries Development Bank Of India -Sidbi ₹3.30 M Satisfied
13 Nov 2010 Small Industries Development Bank Of India -Sidbi ₹4.80 M Satisfied
21 Dec 2007 Indian Overseas Bank ₹19.21 Cr Satisfied

How Many Employees Work at Manatec Electronics?

Manatec Electronics has a workforce of 221 employees as of Mar 26, 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 Manatec Electronics, 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 Manatec Electronics'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 Manatec Electronics

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 22.70 Cr registered on 30 May 2016 with Charge ID 100034314 was modified on 23 Aug 2024.

    23 Aug 2024

  • Annual General Meeting

    Manatec Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Manatec Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100717368 was registered on 27 Mar 2023.

    27 Mar 2023

  • Director Appointment

    Amith Raj Kalaiichelvan was appointed as a Director was appointed as a Director on 16 Aug 2021 & has been associated with this company since 3 years 5 months .

    16 Aug 2021

  • Charges

    A charge registered on 27 Feb 2013 via Charge ID 10409934 with Small Industries Development Bank Of India -Sidbi was fully satisfied on 31 Oct 2017.

    31 Oct 2017

Frequently asked questions

  • Manatec Electronics Private Limited was incorporated on 23 Apr 2007.

  • The authorized share capital of Manatec Electronics Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.91 Cr.

  • Currently 3 directors are associated with Manatec Electronics Private Limited.

    • Amith Raj Kalaiichelvan
    • Vijayaragavan
    • Kalaiichelvan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Manatec Electronics Private Limited is No.19-A Abinav Kailash (Ground Floor) Velacherry Road Little Mount Saidapet, India, Chennai, Tamil Nadu, 600015.

  • The corporate identification number (CIN) of Manatec Electronics Private Limited is U29199TN2007PTC093265 and the company number is 093265 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Manatec Electronics Private Limited is https://www.manatec.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for Manatec Electronics Private Limited has risen by 42.61%.

  • As Per 2022 financial reports, 221 employees are currently employed by Manatec Electronics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Manatec Electronics Private Limited has experienced an upsurge of 18.12%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Manatec Electronics Private Limited amount to ₹ 26.70 Cr.

  • The most recent Balance Sheet for Manatec Electronics Private Limited was filed with the ROC on 31 Mar 2023.

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