Marine Electricals (India) Profile
Key Indicators
- Authorised Capital ₹ 30.00 Cr
- Paid Up Capital ₹ 27.59 Cr
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 345.81 Cr
- Satisfied Charges ₹ 188.75 Cr
- Revenue Growth 21.02%
- Profit Growth 56.47%
- Ebitda 33.56%
- Net Worth 24.91%
- Total Assets 33.18%
About Marine Electricals (India)
Marine Electricals (India) Limited (MEIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 December 2007 and has a history of 17 years and two months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol MARINE.
The Corporate was formerly known as Marine Electricals (India) Private Limited. The Company is engaged in the Transport And Logistics 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 30.00 Cr and a paid-up capital of Rs 27.59 Cr.
The company currently has active open charges totaling ₹345.81 Cr. The company has closed loans amounting to ₹188.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Marine Electricals (India) Limited India are Bhakthavalsalan Unniparambath as CFO and Deep Shah as Company Secretary. Vinay Uchil, Venkatesh Uchil, Mohan Rao, and Six other members 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
L31907MH2007PLC176443
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Company No.
176443
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Stock Symbol
NSE : MARINE
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
04 Dec 2007
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Date of AGM
26 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Mumbai
Industry
What products or services does Marine Electricals (India) Limited offer?
Marine Electricals (India) Limited offers a wide range of products and services, including Enclosures & Cabinets, Electrical Cabinets, Civil Engineering Service, Electric Engineering Services, Project Management.
Who are the key members and board of directors at Marine Electricals (India)?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatesh Uchil
|
Managing Director | 04-Dec-2007 | Current |
| Bhakthavalsalan Unniparambath | CFO | 04-Aug-2022 | Current |
| Deep Shah | Company Secretary | 11-Mar-2024 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vikas Jaywant
|
Director | 24-Feb-2020 | Current |
|
Shailendra Shukla
|
Whole-Time Director | 07-Dec-2018 | Current |
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Archana Rajagopalan
|
Director | 23-Feb-2021 | Current |
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Nikunj Mishra
|
Director | 11-Jul-2018 | Current |
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Vinay Uchil
|
Whole-Time Director | 04-Dec-2007 | Current |
|
Mohan Rao
|
Director | 30-May-2020 | Current |
Financial Performance of Marine Electricals (India).
Marine Electricals (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.02% increase. The company also saw a substantial improvement in profitability, with a 56.47% increase in profit. The company's net worth Soared by an impressive increase of 24.91%.
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What is the Ownership and Shareholding Structure of Marine Electricals (India)?
In 2022, Marine Electricals (India) had a promoter holding of 73.52% and a public holding of 26.47%. The company had 2 Subsidiaries. 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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Oasys Energy & Applied Technologies Private LimitedVikas Jaywant is a mutual person
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Marks Marine Radio Private LimitedVinay Uchil and Venkatesh Uchil are mutual person
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Mcgeoch Marine Electricals Private LimitedVinay Uchil and Venkatesh Uchil are mutual person
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Kdu Enterprises Private LimitedVinay Uchil and Venkatesh Uchil are mutual person
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Helpmesee India FoundationArchana Rajagopalan is a mutual person
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Das Offshore LimitedMadan Pendse is a mutual person
Charges (Loans)
₹345.81 Cr
₹188.75 Cr
Charges Breakdown by Lending Institutions
- Others : 179.66 Cr
- State Bank Of India : 90.80 Cr
- Yes Bank Limited : 75.00 Cr
- Hdfc Bank Limited : 0.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Oct 2024 | Yes Bank Limited | ₹75.00 Cr | Open |
| 05 Oct 2024 | Hdfc Bank Limited | ₹2.23 M | Open |
| 30 Dec 2023 | Hdfc Bank Limited | ₹1.26 M | Open |
| 27 Sep 2023 | Others | ₹75.00 Cr | Open |
| 06 Jun 2022 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Marine Electricals (India)?
Marine Electricals (India) has a workforce of 213 employees as of Oct 29, 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 Marine Electricals (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 Marine Electricals (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.
