Mcn Ventures Private Limited

Founded in 1994 and headquartered in Tamil Nadu, India.

1994 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Mcn Ventures Profile

Key Indicators

  • Authorised Capital ₹ 1.20 Cr
  • Paid Up Capital ₹ 3.96 M
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 48.78%
  • Profit Growth 19.14%
  • Ebitda 326.68%
  • Net Worth -70.74%
  • Total Assets -34.06%

About Mcn Ventures

Mcn Ventures Private Limited (MVPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 July 1994 and has a history of 30 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Electrical 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 1.20 Cr and a paid-up capital of Rs 3.96 M, as per Ministry of Corporate Affairs (MCA) records.

Madan Nahar and Siddharth Nahar serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U68200TN1994PTC028148

  • Company No.

    028148

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Electrical
Trading

What products or services does Mcn Ventures Private Limited offer?

Mcn Ventures Private Limited offers a wide range of products and services, including Bed Linen & Bedspreads, Duvet Covers, Blankets & Quilts, Blankets, Bedding Set, Towels, Napkins & Handkerchieves, Kitchen Towel, Kitchen Towels and Kitchen Textiles, Kitchen Linens, Tablecloths, Table Linen & Placemats.

Who are the key members and board of directors at Mcn Ventures?

Board Members (2)

NameDesignationAppointment DateStatus
Madan Nahar Country flag representing In Director 21-Jul-1994Current
Siddharth Nahar Country flag representing In Director 01-Dec-2020Current

Financial Performance of Mcn Ventures.

Mcn Ventures Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 48.78% increase. The company also saw a substantial improvement in profitability, with a 19.14% increase in profit. The company's net worth observed a substantial decline by a decrease of 70.74%.

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
48.78%
Revenue from Operations
93.27%
Total Assets
-34.06%
Profit or Loss
19.14%
Net Worth
-70.74%
EBITDA
326.68%

What is the Ownership and Shareholding Structure of Mcn Ventures?

In 2019, Mcn Ventures 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mcn Ventures?

Mcn Ventures has a workforce of 14 employees as of Apr 09, 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 Mcn Ventures, 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 Mcn Ventures'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 Mcn Ventures

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Mcn Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Siddharth Nahar was appointed as a Director was appointed as a Director on 01 Dec 2020 & has been associated with this company since 4 years 2 months .

    01 Dec 2020

  • Director Appointment

    Madan Chand Nahar was appointed as a Director was appointed as a Director on 21 Jul 1994 & has been associated with this company since 30 years 6 months .

    21 Jul 1994

  • Company Incorporation

    Mcn Ventures Private Limited was registered on 21 Jul 1994 with Roc Chennai & aged 30 years 6 months as per MCA records.

    21 Jul 1994

Frequently asked questions

  • Mcn Ventures Private Limited was incorporated on 21 Jul 1994.

  • The authorized share capital of Mcn Ventures Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 3.96 M.

  • Currently 2 directors are associated with Mcn Ventures Private Limited.

    • Madan Chand Nahar
    • Siddharth Nahar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mcn Ventures Private Limited is Rainbow Seetharama Plaza No 68 Purasawalkkam High Road India, Chennai, Tamil Nadu, 600084.

  • The corporate identification number (CIN) of Mcn Ventures Private Limited is U68200TN1994PTC028148 and the company number is 028148 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Mcn Ventures Private Limited has risen by 48.78%.

  • As Per 2020 financial reports, 14 employees are currently employed by Mcn Ventures Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Mcn Ventures Private Limited has experienced an downturn of -70.74%.

  • The most recent Balance Sheet for Mcn Ventures Private Limited was filed with the ROC on 31 Mar 2024.

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