Masec Edutech Consolidation Private Limited

Founded in 1991 and headquartered in Karnataka, India.

1991 | Dakshina Kannada, Karnataka (India) | Active
Last Updated: December 29, 2024

Masec Edutech Consolidation Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 33 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.80 M
  • Revenue Growth %
  • Profit Growth 61.11%
  • Ebitda 64.97%
  • Net Worth -3.14%
  • Total Assets -1.25%

About Masec Edutech Consolidation

Masec Edutech Consolidation Private Limited (MECPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 February 1991 and has a history of 33 years and 11 months. Its registered office is in Dakshina Kannada, Karnataka, India.

The Corporate was formerly known as Searock Shipping Company Private Limited. The Company is engaged in the Service 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 0.50 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹0.80 M.

Vivekananda and Subramanya Karanth serve as directors at the Company.

Company Details

  • Location

    Dakshina Kannada, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U80100KA1991PTC011655

  • Company No.

    011655

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Service

Who are the key members and board of directors at Masec Edutech Consolidation?

Board Members (2)

Name Designation Appointment Date Status
Vivekananda Country flag representing In Director 15-Apr-2004 Current
Subramanya Karanth Country flag representing In Director 13-May-2024 Current

Financial Performance of Masec Edutech Consolidation.

Masec Edutech Consolidation Private Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 61.11% increase in profit. The company's net worth dipped by a decrease of 3.14%.

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
Revenue from Operations
Total Assets
-1.25%
Profit or Loss
61.11%
Net Worth
-3.14%
EBITDA
64.97%

What is the Ownership and Shareholding Structure of Masec Edutech Consolidation?

In 2017, Masec Edutech Consolidation had a promoter holding of 99.60% and a public holding of 0.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.80 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka State Financial Corportion : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
20 Sep 2000 Karnataka State Financial Corportion ₹0.80 M Open

How Many Employees Work at Masec Edutech Consolidation?

Unlock and access historical data on people associated with Masec Edutech Consolidation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Masec Edutech Consolidation, 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 Masec Edutech Consolidation'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 Masec Edutech Consolidation

Recent activity within the organization

  • Annual General Meeting

    Masec Edutech Consolidation Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Subramanya Karanth was appointed as a Director was appointed as a Director on 13 May 2024 & has been associated with this company since 8 months 20 days .

    13 May 2024

  • Balance Sheet

    Masec Edutech Consolidation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Vivekananda was appointed as a Director was appointed as a Director on 15 Apr 2004 & has been associated with this company since 20 years 9 months .

    15 Apr 2004

  • Charges

    A charge with Karnataka State Financial Corportion amounted to Rs. 0.80 M with Charge ID 90192307 was registered on 20 Sep 2000.

    20 Sep 2000

  • Company Incorporation

    Masec Edutech Consolidation Private Limited was registered on 08 Feb 1991 with Roc Bangalore & aged 33 years 11 months as per MCA records.

    08 Feb 1991

Recent News, Updates & Announcement

  • News icon
    Manipal Group acquires Jigsaw Academy | Mint.

    Jigsaw Academy founders Sarita Digumarti and Gaurav Vohra will continue with the firm.Manipal ProLearn offers certification courses across technology, digital marketing, data sciences, project management and finance.

    12 Jun 2019 mint

  • News icon
    Blackstone to Invest Rs 3,200 Crore in Manipal Group's Medanta Hospital Acquisition, Expected to Close by March.

    Blackstone is investing Rs 3,200 crore to help Ranjan Pai of Manipal Group buy Medanta Hospital for Rs 6,000 crore. Pai owns 60% of Manipal Hospitals, with TPG and Temasek owning the rest. Blackstone's investment will have a pre-agreed return and is expected to be completed by March. Medanta founder Naresh Trehan may stay on after the acquisition. Blackstone has invested $9 billion in India and is gaining traction in structured capital solutions..

    18 Feb 2019 Economic Times

  • News icon
    TPG and Manipal Set to Acquire Medanta for 6000 Crore Amidst Exclusivity Period, Healthcare Sector Sees Multiple Investments from KKR, General Atlantic, and True North.

    When you hear TPG and Manipal are buying Medanta for 6000 crore but then you remember they have a three-month exclusivity period so no other buyers can come in. Meanwhile, Medanta is just like "We don't comment on media speculations." TPG is really into healthcare in India, they even fought for Fortis last year. But now they're focusing on Medanta, which is owned by Carlyle and Temasek. But wait, didn't Carlyle also buy a stake in Global Health in 2013? And Temasek in 2015? And now Medanta is facing pressure because of price controls. But don't worry, there's still hope for the healthcare sector with investments from KKR, General Atlantic, and True North..

    13 Feb 2019 mint

Frequently asked questions

  • Masec Edutech Consolidation Private Limited was incorporated on 08 Feb 1991.

  • The authorized share capital of Masec Edutech Consolidation Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 2 directors are associated with Masec Edutech Consolidation Private Limited.

    • Vivekananda
    • Subramanya Karanth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Masec Edutech Consolidation Private Limited is Canara Steel Premises Baikampady India, Baikampady Mangalore, Karnataka, 575011.

  • The corporate identification number (CIN) of Masec Edutech Consolidation Private Limited is U80100KA1991PTC011655 and the company number is 011655 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Masec Edutech Consolidation Private Limited is https://www.manipal.com

  • The financial reports for the fiscal year 2020 indicates that The net worth of Masec Edutech Consolidation Private Limited has experienced an downturn of -3.14%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Masec Edutech Consolidation Private Limited amount to ₹ 0.80 M.

  • The most recent Balance Sheet for Masec Edutech Consolidation Private Limited was filed with the ROC on 31 Mar 2024.

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