Mechemco Resins Private Limited

Manufacturer of various types of polyester resins and gel coats, sold under the brand name 'Mechster'.

1994 | Mumbai-400013, Maharashtra (India) | Active
Last Updated:

Mechemco Resins Profile

Key Indicators

  • Authorised Capital ₹ 2.01 Cr
  • Paid Up Capital ₹ 1.36 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 123.09 Cr
  • Revenue Growth 32.79%
  • Profit Growth 59.80%
  • Ebitda 62.38%
  • Net Worth 5.55%
  • Total Assets 17.82%

About Mechemco Resins

Mechemco Resins Private Limited (MRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 July 1994 and has a history of 30 years and eight months. Its registered office is in Mumbai-400013, Maharashtra.

The Company is engaged in the Manufacturing 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 2.01 Cr and a paid-up capital of Rs 1.36 Cr.

The company currently has active open charges totaling ₹123.09 Cr.

Piya Thakkar, Aditya Pradip, Chaitanya Shah, and One other member serve as directors at the Company.

Company Details

  • Location Mumbai-400013, Maharashtra
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209MH1994PTC079404

  • Company No.

    079404

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Mechemco Resins?

Board Members (4)

NameDesignationAppointment DateStatus
Piya Thakkar Country flag representing In Director 03-Jan-2022Current
Aditya Pradip Country flag representing In Director 30-Mar-2022Current
Chaitanya Shah Country flag representing In Director 14-Jun-2004Current
Seema Thakkar Country flag representing In Director 05-Jul-1994Current

Financial Performance of Mechemco Resins.

Mechemco Resins Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.79% increase. The company also saw a substantial improvement in profitability, with a 59.8% increase in profit. The company's net worth moved up by a moderate rise of 5.55%.

Mechemco Resins revenue growth over time
Mechemco Resins 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
32.79%
Revenue from Operations
33.14%
Total Assets
17.82%
Profit or Loss
59.80%
Net Worth
5.55%
EBITDA
62.38%

What is the Ownership and Shareholding Structure of Mechemco Resins?

In 2023, Mechemco Resins had a promoter holding of 67.27% and a public holding of 32.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹123.09 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 106.24 Cr
  • Bank Of Maharashtra : 16.85 Cr

Latest Charge Details

DateLenderAmountStatus
23 Jul 2020Others₹2.08 CrOpen
23 Jul 2020Others₹2.08 CrOpen
20 Jul 2020Others₹9.30 MOpen
25 Jun 2020Others₹1.15 CrOpen
02 Mar 2020Others₹25.00 CrOpen

How Many Employees Work at Mechemco Resins?

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

Employee growth trends for Mechemco Resins Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mechemco Resins, 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 Mechemco Resins'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 Mechemco Resins

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mechemco Resins Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Aditya Thakkar Pradip was appointed as a Director was appointed as a Director on 30 Mar 2022 & has been associated with this company since 2 years 11 months .

  • Director Appointment

    Piya Pradip Thakkar was appointed as a Director was appointed as a Director on 03 Jan 2022 & has been associated with this company since 3 years 2 months .

  • Charges

    A charge with Others amounted to Rs. 2.08 Cr with Charge ID 100400168 was registered on 23 Jul 2020.

  • Charges

    A charge with Others amounted to Rs. 2.08 Cr with Charge ID 100400170 was registered on 23 Jul 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Mechemco Resins Private Limited?

    Mechemco Resins Private Limited was incorporated on 05 Jul 1994.

  • What is authorized share capital and paid-up capital of Mechemco Resins Private Limited?

    The authorized share capital of Mechemco Resins Private Limited is ₹ 2.01 Cr and paid-up capital is ₹ 1.36 Cr.

  • Who are the current board members & directors of Mechemco Resins Private Limited?

    Currently 4 directors are associated with Mechemco Resins Private Limited.

    • Piya Pradip Thakkar
    • Aditya Thakkar Pradip
    • Chaitanya Shantilal Shah
    • Seema Pradip Thakkar
  • What is the registered address of Mechemco Resins Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mechemco Resins Private Limited is 27 Kewal Indl.Estate Senapati Bapat Marg Lower Parel, Bombay -13. India, Mumbai-400013, Maharashtra.

  • What is the corporate identification number (CIN) and company number of Mechemco Resins Private Limited?

    The corporate identification number (CIN) of Mechemco Resins Private Limited is U25209MH1994PTC079404 and the company number is 079404 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mechemco Resins Private Limited?

    The Official website of Mechemco Resins Private Limited is https://www.mechemco.com

  • What has been the recent revenue trend for Mechemco Resins Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mechemco Resins Private Limited has risen by 32.79%.

  • What change has been observed in the net worth of Mechemco Resins Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mechemco Resins Private Limited has experienced an upsurge of 5.55%.

  • What are the total open charges for Mechemco Resins Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mechemco Resins Private Limited amount to ₹ 123.09 Cr.

  • When was the last Balance Sheet of Mechemco Resins Private Limited filed with the ROC?

    The most recent Balance Sheet for Mechemco Resins Private Limited was filed with the ROC on 31 Mar 2024.

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