Mechfast Engineering Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.56 Cr
- Company Age 13 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 79.42 Cr
- Satisfied Charges ₹ 3.90 M
- Revenue Growth -14.71%
- Profit Growth -98.83%
- Ebitda -64.98%
- Net Worth 0.23%
- Total Assets 16.78%
About Mechfast Engineering
Mechfast Engineering Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 September 2011 and has a history of 13 years and four months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.56 Cr.
The company currently has active open charges totaling ₹79.42 Cr. The company has closed loans amounting to ₹3.90 M, as per Ministry of Corporate Affairs (MCA) records.
Deepak Sonthalia, Akash Agarwal, and Sonal Choudhary serve as directors at the Company.
Company Details
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Location
Kolkata, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U27100WB2011PTC168219
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Company No.
168219
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Sep 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at Mechfast Engineering?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Sonthalia
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Director | 26-May-2018 | Current |
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Akash Agarwal
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Director | 26-May-2018 | Current |
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Sonal Choudhary
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Director | 11-Jan-2016 | Current |
Financial Performance of Mechfast Engineering.
Mechfast Engineering Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.71% decrease. The company also saw a substantial fall in profitability, with a 98.83% decrease in profit. The company's net worth moved up by a moderate rise of 0.23%.
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What is the Ownership and Shareholding Structure of Mechfast Engineering?
In 2023, Mechfast Engineering had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Bright Glass & Silicate Private LimitedDeepak Sonthalia is a mutual person
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Loco Castings Private LimitedDeepak Sonthalia is a mutual person
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Baba Ispat Private Limited
Deepak Sonthalia is a mutual person
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Leapfrog Infratech Private Limited
Deepak Sonthalia, Akash Agarwal and 1 more are mutual person
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Myriad Promoters Private Limited
Deepak Sonthalia is a mutual person
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Mechstrip Infra Limited
Deepak Sonthalia, Akash Agarwal and 1 more are mutual person
Charges (Loans)
₹79.42 Cr
₹0.39 Cr
Charges Breakdown by Lending Institutions
- Others : 75.26 Cr
- Standard Chartered Bank : 4.17 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2023 | Others | ₹5.00 Cr | Open |
| 02 Dec 2021 | Others | ₹6.87 M | Open |
| 09 Apr 2021 | Standard Chartered Bank | ₹4.17 Cr | Open |
| 20 Oct 2020 | Others | ₹1.37 Cr | Open |
| 11 Jun 2019 | Others | ₹7.50 M | Open |
How Many Employees Work at Mechfast Engineering?
Mechfast Engineering has a workforce of 31 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mechfast Engineering, 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 Mechfast Engineering's trajectory.
Rating
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
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.
