Mecheri Smart Capital Private Limited

Investment company that was previously known as Magnetic India Ventures.

2003 | Chennai, Tamil Nadu (India) | Active
Last Updated:

Mecheri Smart Capital Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.10 M
  • Company Age 21 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 40.25%
  • Profit Growth 11.57%
  • Ebitda 29.80%
  • Net Worth 5.51%
  • Total Assets 14.19%

About Mecheri Smart Capital

Mecheri Smart Capital Private Limited (MSCPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 April 2003 and has a history of 21 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Magnetic India Ventures Private Limited. The Company is engaged in the Financial Services 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 1.00 Cr and a paid-up capital of Rs 3.10 M, as per Ministry of Corporate Affairs (MCA) records.

Rajeev Mecheri and Lalitha Ramaswamy 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

    U74900TN2003PTC050638

  • Company No.

    050638

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2003

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Mecheri Smart Capital?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajeev Mecheri Country flag representing In Managing Director29-Mar-2010Current

Board Members (1)

NameDesignationAppointment DateStatus
Lalitha Ramaswamy Country flag representing In Director 18-Oct-2010Current

Financial Performance of Mecheri Smart Capital.

Mecheri Smart Capital Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.25% increase. The company also saw a substantial improvement in profitability, with a 11.57% increase in profit. The company's net worth moved up by a moderate rise of 5.51%.

Mecheri Smart Capital revenue growth over time
Mecheri Smart Capital 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
40.25%
Revenue from Operations
40.25%
Total Assets
14.19%
Profit or Loss
11.57%
Net Worth
5.51%
EBITDA
29.80%

What is the Ownership and Shareholding Structure of Mecheri Smart Capital?

In 2023, Mecheri Smart Capital had a public holding of 100.00%. The company had 1 Associate company. 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 Mecheri Smart Capital?

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

Employee growth trends for Mecheri Smart Capital Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mecheri Smart Capital, 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 Mecheri Smart Capital'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 Mecheri Smart Capital

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mecheri Smart Capital Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Lalitha Ramaswamy was appointed as a Director was appointed as a Director on 18 Oct 2010 & has been associated with this company since 14 years 5 months .

  • Director Appointment

    Rajeev Mecheri was appointed as a Managing Director was appointed as a Managing Director on 29 Mar 2010 & has been associated with this company since 15 years 1 day .

  • Company Incorporation

    Mecheri Smart Capital Private Limited was registered on 03 Apr 2003 with Roc Chennai & aged 21 years 11 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Mecheri Smart Capital Private Limited?

    Mecheri Smart Capital Private Limited was incorporated on 03 Apr 2003.

  • What is authorized share capital and paid-up capital of Mecheri Smart Capital Private Limited?

    The authorized share capital of Mecheri Smart Capital Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.10 M.

  • Who are the current board members & directors of Mecheri Smart Capital Private Limited?

    Currently 2 directors are associated with Mecheri Smart Capital Private Limited.

    • Rajeev Mecheri
    • Lalitha Ramaswamy

  • What is the registered address of Mecheri Smart Capital Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mecheri Smart Capital Private Limited is 49, Eldams Road Teynampet India, Chennai, Tamil Nadu, 600018.

  • What is the corporate identification number (CIN) and company number of Mecheri Smart Capital Private Limited?

    The corporate identification number (CIN) of Mecheri Smart Capital Private Limited is U74900TN2003PTC050638 and the company number is 050638 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mecheri Smart Capital Private Limited?

    The Official website of Mecheri Smart Capital Private Limited is https://www.mecheri.in

  • What has been the recent revenue trend for Mecheri Smart Capital Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mecheri Smart Capital Private Limited has risen by 40.25%.

  • What change has been observed in the net worth of Mecheri Smart Capital Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mecheri Smart Capital Private Limited has experienced an upsurge of 5.51%.

  • When was the last Balance Sheet of Mecheri Smart Capital Private Limited filed with the ROC?

    The most recent Balance Sheet for Mecheri Smart Capital Private Limited was filed with the ROC on 31 Mar 2024.

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