May Projects (India) Private Limited

Manufactures furniture for various industries, based in Mumbai.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

May Projects (India) Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 11.99 Cr
  • Revenue Growth 3.28%
  • Profit Growth -49.90%
  • Ebitda 97.07%
  • Net Worth 7.74%
  • Total Assets 13.54%

About May Projects (India)

May Projects (India) Private Limited (MPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2008 and has a history of 16 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as May Consultants (India) 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 2024. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.30 M.

The company currently has active open charges totaling ₹11.99 Cr.

Himanee Mrug and Ishan Harish serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mayindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36100MH2008PTC181775

  • Company No.

    181775

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Engineering

Who are the key members and board of directors at May Projects (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Ishan Harish Country flag representing In Director 16-Apr-2019Current
Himanee Mrug Country flag representing In Director 30-Apr-2008Current

Financial Performance of May Projects (India).

May Projects (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.28% increase. The company also saw a substantial fall in profitability, with a 49.9% decrease in profit. The company's net worth moved up by a moderate rise of 7.74%.

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
3.28%
Revenue from Operations
20.64%
Total Assets
13.54%
Profit or Loss
-49.90%
Net Worth
7.74%
EBITDA
97.07%

What is the Ownership and Shareholding Structure of May Projects (India)?

In 2023, May Projects (India) had a promoter holding of 6.71% and a public holding of 93.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹119.85 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 11.04 Cr
  • Others : 0.95 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2024Others₹9.50 MOpen
21 Oct 2019State Bank Of India₹11.04 CrOpen

How Many Employees Work at May Projects (India)?

May Projects (India) has a workforce of 44 employees as of Sep 25, 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 May Projects (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 May Projects (India)'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 May Projects (India)

Recent activity within the organization

  • Annual General Meeting

    May Projects (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    May Projects (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 9.50 M with Charge ID 100905745 was registered on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 110.35 M registered on 21 Oct 2019 with Charge ID 100304928 was modified on 01 Jun 2020.

    01 Jun 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 110.35 M with Charge ID 100304928 was registered on 21 Oct 2019.

    21 Oct 2019

  • Director Appointment

    Ishan Thacker Harish was appointed as a Director was appointed as a Director on 16 Apr 2019 & has been associated with this company since 5 years 10 months .

    16 Apr 2019

Frequently asked questions

  • May Projects (India) Private Limited was incorporated on 30 Apr 2008.

  • The authorized share capital of May Projects (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.30 M.

  • Currently 2 directors are associated with May Projects (India) Private Limited.

    • Himanee Jai Mrug
    • Ishan Thacker Harish
  • As per Ministry of Corporate Affairs (Mca), the registered address of May Projects (India) Private Limited is S-204 Near Anandraj Industrial Estate Lbs Marg Sonapur, Bhandup (W) India, Mumbai, Maharashtra, 400078.

  • The corporate identification number (CIN) of May Projects (India) Private Limited is U36100MH2008PTC181775 and the company number is 181775 as per Ministry of Corporate Affairs (MCA).

  • The Official website of May Projects (India) Private Limited is https://www.mayindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for May Projects (India) Private Limited has risen by 3.28%.

  • As Per 2023 financial reports, 44 employees are currently employed by May Projects (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of May Projects (India) Private Limited has experienced an upsurge of 7.74%.

  • As per the financial statements for fiscal Year 2023, The total open charges for May Projects (India) Private Limited amount to ₹ 11.99 Cr.

  • The most recent Balance Sheet for May Projects (India) Private Limited was filed with the ROC on 31 Mar 2024.