Mec Technology Machines (I) Private Limited

Manufactures and sells various machines for cutting and sawing metal products.

2021 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 18, 2024

Mec Technology Machines (I) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 3 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.28 Cr
  • Revenue Growth 74.61%
  • Profit Growth 118.32%
  • Ebitda 28.74%
  • Net Worth 34.75%
  • Total Assets 42.13%

About Mec Technology Machines (I)

Mec Technology Machines (I) Private Limited (MTMIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 12 May 2021 (Three years and nine months 18 days old ). Its registered office is in Indore, Madhya Pradesh, India.

The Company is engaged in the Machinery And Equipment 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 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹2.28 Cr.

Uttam Darvai and Chandra Zarbade serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mectechnology.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29308MP2021PTC056026

  • Company No.

    056026

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Machinery and Equipment

What products or services does Mec Technology Machines (I) Private Limited offer?

Mec Technology Machines (I) Private Limited offers a wide range of products and services, including Machines & Equipments, Industrial Machinery, CNC Machines & Lathe Machine, CNC Vertical Machining Centers, Drills, Grinders, Saws & Power Tools, Power Saw, Saws, Chainsaws and Saw Blades, Band Saw Machine, Cutting Machines & Equipment, Cutting Machine.

Who are the key members and board of directors at Mec Technology Machines (I)?

Financial Performance of Mec Technology Machines (I).

Mec Technology Machines (I) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 74.61% increase. The company also saw a substantial improvement in profitability, with a 118.32% increase in profit. The company's net worth Soared by an impressive increase of 34.75%.

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
74.61%
Revenue from Operations
74.74%
Total Assets
42.13%
Profit or Loss
118.32%
Net Worth
34.75%
EBITDA
28.74%

What is the Ownership and Shareholding Structure of Mec Technology Machines (I)?

Unlock access to Mec Technology Machines (I)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.78 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.28 Cr

Latest Charge Details

DateLenderAmountStatus
01 Oct 2021Hdfc Bank Limited₹2.28 CrOpen

How Many Employees Work at Mec Technology Machines (I)?

Mec Technology Machines (I) has a workforce of 17 employees as of Apr 08, 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 Mec Technology Machines (I), 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 Mec Technology Machines (I)'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 Mec Technology Machines (I)

Recent activity within the organization

  • Annual General Meeting

    Mec Technology Machines (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mec Technology Machines (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 22.78 M registered on 01 Oct 2021 with Charge ID 100494720 was modified on 06 Mar 2024.

    06 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 22.78 M with Charge ID 100494720 was registered on 01 Oct 2021.

    01 Oct 2021

  • Director Appointment

    Uttam Rao Darvai was appointed as a Director was appointed as a Director on 12 May 2021 & has been associated with this company since 3 years 9 months .

    12 May 2021

  • Director Appointment

    Chandra Shekhar Zarbade was appointed as a Director was appointed as a Director on 12 May 2021 & has been associated with this company since 3 years 9 months .

    12 May 2021

Frequently asked questions

  • What is the Incorporation or founding date of Mec Technology Machines (I) Private Limited?

    Mec Technology Machines (I) Private Limited was incorporated on 12 May 2021.

  • What is authorized share capital and paid-up capital of Mec Technology Machines (I) Private Limited?

    The authorized share capital of Mec Technology Machines (I) Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Who are the current board members & directors of Mec Technology Machines (I) Private Limited?

    Currently 2 directors are associated with Mec Technology Machines (I) Private Limited.

    • Uttam Rao Darvai
    • Chandra Shekhar Zarbade
  • What is the registered address of Mec Technology Machines (I) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mec Technology Machines (I) Private Limited is 306-A-1 Sector 'E' Industrial Area Sanwer Road, India, Indore, Madhya Pradesh, 452015.

  • What is the corporate identification number (CIN) and company number of Mec Technology Machines (I) Private Limited?

    The corporate identification number (CIN) of Mec Technology Machines (I) Private Limited is U29308MP2021PTC056026 and the company number is 056026 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mec Technology Machines (I) Private Limited?

    The Official website of Mec Technology Machines (I) Private Limited is https://www.mectechnology.co.in

  • What has been the recent revenue trend for Mec Technology Machines (I) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mec Technology Machines (I) Private Limited has risen by 74.61%.

  • How many employees does Mec Technology Machines (I) Private Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Mec Technology Machines (I) Private Limited.

  • What change has been observed in the net worth of Mec Technology Machines (I) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mec Technology Machines (I) Private Limited has experienced an upsurge of 34.75%.

  • What are the total open charges for Mec Technology Machines (I) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mec Technology Machines (I) Private Limited amount to ₹ 2.28 Cr.

  • When was the last Balance Sheet of Mec Technology Machines (I) Private Limited filed with the ROC?

    The most recent Balance Sheet for Mec Technology Machines (I) Private Limited was filed with the ROC on 31 Mar 2024.