Mcgean India Chemicals Private Limited

Manufactures and supplies lubricants, aerosols, and specialty chemicals for various industries.

2000 | Raigarh, Maharashtra (India) | Active
Last Updated:

Mcgean India Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 8.10 Cr
  • Paid Up Capital ₹ 0.44 M
  • Company Age 24 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.14 Cr
  • Satisfied Charges ₹ 2.09 Cr
  • Revenue Growth 12.92%
  • Profit Growth -11.27%
  • Ebitda 12.09%
  • Net Worth 59.78%
  • Total Assets 50.42%

About Mcgean India Chemicals

Mcgean India Chemicals Private Limited (MICPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 2000 and has a history of 24 years and three months. Its registered office is in Raigarh, Maharashtra, India.

The Corporate was formerly known as Chem-Verse Consultants (India) Private Limited. The Company is engaged in the Chemicals And Materials 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 8.10 Cr and a paid-up capital of Rs 0.44 M.

The company currently has active open charges totaling ₹1.14 Cr. The company has closed loans amounting to ₹2.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nimishbhai Patel, Nitnain Mavani, Nishank Patel, and Three other members serve as directors at the Company.

Company Details

  • Location

    Raigarh, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231MH2000PTC130234

  • Company No.

    130234

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Dec 2000

  • Date of AGM

    17 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Mcgean India Chemicals Private Limited offer?

Mcgean India Chemicals Private Limited offers a wide range of products and services, including Engine & Engine Spare Parts, Engine Components, Oils, Grease & Lubricants, Automotive Grease, FRP Lining, PU & Powder Coatings, Spray Paints, Rust & Corrosion Protection Products, Rust Preventives, Grease, Industrial Lubricants.

Company report

Mcgean India Chemicals Private Limited

Explore comprehensive data for Mcgean India Chemicals Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mcgean India Chemicals?

Board Members (6)

NameDesignationAppointment DateStatus
Nitnain Mavani Country flag representing In Director 27-Dec-2000Current
Nimishbhai Patel Country flag representing In Director 24-Dec-2021Current
Nishank Patel Country flag representing In Director 24-Dec-2021Current
David Wehner Country flag representing Us Director 29-Mar-2022Current
Wong Daniel Country flag representing Sg Director 09-Feb-2023Current
Paroma Patel Country flag representing In Additional Director 14-Jun-2024Current

Financial Performance of Mcgean India Chemicals.

Mcgean India Chemicals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.92% increase. The company also saw a substantial fall in profitability, with a 11.27% decrease in profit. The company's net worth Soared by an impressive increase of 59.78%.

Mcgean India Chemicals revenue growth over time
Mcgean India Chemicals 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
12.92%
Revenue from Operations
20.43%
Total Assets
50.42%
Profit or Loss
-11.27%
Net Worth
59.78%
EBITDA
12.09%

What is the Ownership and Shareholding Structure of Mcgean India Chemicals?

In 2023, Mcgean India Chemicals 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

₹1.14 Cr

Satisfied Charges

₹2.09 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.61 Cr
  • The South Indian Bank Limited : 0.53 Cr

Latest Charge Details

DateLenderAmountStatus
17 May 2024The South Indian Bank Limited₹5.25 MOpen
25 Oct 2023Hdfc Bank Limited₹6.10 MOpen
05 Feb 2016The Saraswat Co-Op Bank Ltd₹0.93 MSatisfied
01 Oct 2012Icici Bank Limited₹7.88 MSatisfied
31 Aug 2010Indian Bank₹8.00 MSatisfied

How Many Employees Work at Mcgean India Chemicals?

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

Employee growth trends for Mcgean India Chemicals Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mcgean India Chemicals, 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 Mcgean India Chemicals'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 Mcgean India Chemicals

Recent activity within the organization

  • Annual General Meeting

    Mcgean India Chemicals Private Limited last Annual general meeting of members was held on 17 Jun 2024 as per latest MCA records.

  • Director Appointment

    Paroma Nishank Patel was appointed as a Additional Director was appointed as a Additional Director on 14 Jun 2024 & has been associated with this company since 9 months 29 days .

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.53 Cr with Charge ID 100931207 was registered on 17 May 2024.

  • Balance Sheet

    Mcgean India Chemicals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.61 Cr with Charge ID 100856726 was registered on 25 Oct 2023.

  • Director Appointment

    David Matthew Wehner was appointed as a Director was appointed as a Director on 29 Mar 2022 & has been associated with this company since 3 years 15 days .

Frequently asked questions

  • What is the Incorporation or founding date of Mcgean India Chemicals Private Limited?

    Mcgean India Chemicals Private Limited was incorporated on 27 Dec 2000.

  • What is authorized share capital and paid-up capital of Mcgean India Chemicals Private Limited?

    The authorized share capital of Mcgean India Chemicals Private Limited is ₹ 8.10 Cr and paid-up capital is ₹ 0.44 M.

  • Who are the current board members & directors of Mcgean India Chemicals Private Limited?

    Currently 6 directors are associated with Mcgean India Chemicals Private Limited.

    • Nimishbhai Upendrabhai Patel
    • Nitnain Chimanlal Mavani
    • Nishank Nimish Patel
    • David Matthew Wehner
    • Wong Chun Yap Daniel
    • Paroma Nishank Patel

  • What is the registered address of Mcgean India Chemicals Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mcgean India Chemicals Private Limited is Plot No.24, Industrial Estate New India, Panvel, Maharashtra, 410206.

  • What is the corporate identification number (CIN) and company number of Mcgean India Chemicals Private Limited?

    The corporate identification number (CIN) of Mcgean India Chemicals Private Limited is U24231MH2000PTC130234 and the company number is 130234 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mcgean India Chemicals Private Limited?

    The Official website of Mcgean India Chemicals Private Limited is https://www.chemverse.in

  • What has been the recent revenue trend for Mcgean India Chemicals Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mcgean India Chemicals Private Limited has risen by 12.92%.

  • What change has been observed in the net worth of Mcgean India Chemicals Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mcgean India Chemicals Private Limited has experienced an upsurge of 59.78%.

  • What are the total open charges for Mcgean India Chemicals Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mcgean India Chemicals Private Limited amount to ₹ 1.14 Cr.

  • When was the last Balance Sheet of Mcgean India Chemicals Private Limited filed with the ROC?

    The most recent Balance Sheet for Mcgean India Chemicals Private Limited was filed with the ROC on 31 Mar 2024.

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