Mecho Light Components (Chengai) Private Limited

Manufactures and exports sheet metal auto parts for UK and China.

1995 | Madras-602102, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Mecho Light Components (Chengai) Profile

Key Indicators

  • Authorised Capital ₹ 6.50 M
  • Paid Up Capital ₹ 6.30 M
  • Company Age 30 Year, 24 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.93 Cr
  • Satisfied Charges ₹ 6.41 Cr
  • Revenue Growth 5.42%
  • Profit Growth 31.07%
  • Ebitda 27.50%
  • Net Worth 27.52%
  • Total Assets -13.68%

About Mecho Light Components (Chengai)

Mecho Light Components (Chengai) Private Limited (MLCCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 January 1995 and has a history of 30 years. Its registered office is in Madras-602102, Tamil Nadu.

The Company is engaged in the Automotive 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 6.50 M and a paid-up capital of Rs 6.30 M.

The company currently has active open charges totaling ₹12.93 Cr. The company has closed loans amounting to ₹6.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Durai Balakumar and Durai Nethaji serve as directors at the Company.

Company Details

  • Location Madras-602102, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mecho-light.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29142TN1995PTC029987

  • Company No.

    029987

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1995

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Mecho Light Components (Chengai) Private Limited offer?

Mecho Light Components (Chengai) Private Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Machine Parts, Pressed Components, Sheet Metal Pressed Components, Automobile Fittings & Components, Automotive Components, Engine Mountings, Sheet Metal Parts, Precision Sheet Metal Components, Mechanical Components.

Who are the key members and board of directors at Mecho Light Components (Chengai)?

Executive Team (2)

NameDesignationAppointment DateStatus
Durai Balakumar Country flag representing In Managing Director30-Jan-1995Current
Durai Nethaji Country flag representing In Managing Director07-Jul-2010Current

Board Members

People

No Directors or KMP associated with company. Upon reviewing the records, we can confirm that there are no Directors or Key Management Personnel (KMP) associated with this company at present.

Financial Performance of Mecho Light Components (Chengai).

Mecho Light Components (Chengai) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.42% increase. The company also saw a substantial improvement in profitability, with a 31.07% increase in profit. The company's net worth Soared by an impressive increase of 27.52%.

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
5.42%
Revenue from Operations
5.52%
Total Assets
-13.68%
Profit or Loss
31.07%
Net Worth
27.52%
EBITDA
27.50%

What is the Ownership and Shareholding Structure of Mecho Light Components (Chengai)?

In 2023, Mecho Light Components (Chengai) 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)

Open Charges

₹129.28 M

Satisfied Charges

₹64.13 M

Charges Breakdown by Lending Institutions

  • Sidbi : 6.73 Cr
  • Others : 6.20 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2024Others₹4.75 CrOpen
18 Jul 2024Sidbi₹9.30 MOpen
30 Jun 2023Sidbi₹4.42 CrOpen
30 Jun 2023Sidbi₹1.38 CrOpen
15 Jul 2021Others₹3.00 MOpen

How Many Employees Work at Mecho Light Components (Chengai)?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mecho Light Components (Chengai), 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 Mecho Light Components (Chengai)'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 Mecho Light Components (Chengai)

Recent activity within the organization

  • Charges

    A charge registered on 22 Jun 2023 via Charge ID 100749078 with Others was fully satisfied on 22 Oct 2024.

    22 Oct 2024

  • Annual General Meeting

    Mecho Light Components (Chengai) Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 47.50 M with Charge ID 100978932 was registered on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge with Others of Rs. 11.50 M registered on 28 Jun 2018 with Charge ID 100204561 was modified on 03 Aug 2024.

    03 Aug 2024

  • Charges

    A charge with Sidbi amounted to Rs. 9.30 M with Charge ID 100953286 was registered on 18 Jul 2024.

    18 Jul 2024

  • Balance Sheet

    Mecho Light Components (Chengai) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

Frequently asked questions

  • Mecho Light Components (Chengai) Private Limited was incorporated on 30 Jan 1995.

  • The authorized share capital of Mecho Light Components (Chengai) Private Limited is ₹ 6.50 M and paid-up capital is ₹ 6.30 M.

  • Currently 2 directors are associated with Mecho Light Components (Chengai) Private Limited.

    • Durai Raju Balakumar
    • Durai Raju Nethaji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mecho Light Components (Chengai) Private Limited is Industrial Estate 21 Krishna Mettu Kuppam, India, Madras-602102, Tamil Nadu.

  • The corporate identification number (CIN) of Mecho Light Components (Chengai) Private Limited is U29142TN1995PTC029987 and the company number is 029987 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mecho Light Components (Chengai) Private Limited is https://www.mecho-light.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mecho Light Components (Chengai) Private Limited has risen by 5.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mecho Light Components (Chengai) Private Limited has experienced an upsurge of 27.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mecho Light Components (Chengai) Private Limited amount to ₹ 12.93 Cr.

  • The most recent Balance Sheet for Mecho Light Components (Chengai) Private Limited was filed with the ROC on 31 Mar 2024.

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