Mech-Well Industries Limited

Engineering company providing solutions for heat and mass transfer in various industries.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mech-Well Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.53 Cr
  • Company Age 27 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 66.94 Cr
  • Satisfied Charges ₹ 65.19 Cr
  • Revenue Growth 6.92%
  • Profit Growth 13.07%
  • Ebitda 19.72%
  • Net Worth 21.82%
  • Total Assets 9.75%

About Mech-Well Industries

Mech-Well Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 October 1997 and has a history of 27 years and six months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mech-Well Industries Private Limited. The Company is engaged in the Engineering 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 1.53 Cr.

The company currently has active open charges totaling ₹66.94 Cr. The company has closed loans amounting to ₹65.19 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Shah, Dhruvian Shah, and Bhairavi Shah serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28100MH1997PLC111040

  • Company No.

    111040

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Mech-Well Industries Limited offer?

Mech-Well Industries Limited offers a wide range of products and services, including Acoustic Window, Foam & Enclosures, Sound Absorption Equipment, Repair & Maintenance Services, Machinery Repairs, Air Damper, Louver Dampers, Testing Equipment, Product Designing, Meshing Services, Material Testing Labs & Services.

Company report

Mech-Well Industries Limited

Explore comprehensive data for Mech-Well Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mech-Well Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Dhruvian Shah Country flag representing In Director 15-Jun-2023Current
Sanjay Shah Country flag representing In Whole-Time Director 03-Oct-1997Current
Bhairavi Shah Country flag representing In Director 28-Jun-2022Current

Financial Performance of Mech-Well Industries.

Mech-Well Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.92% increase. The company also saw a substantial improvement in profitability, with a 13.07% increase in profit. The company's net worth Soared by an impressive increase of 21.82%.

Mech-Well Industries revenue growth over time
Mech-Well Industries 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
6.92%
Revenue from Operations
7.74%
Total Assets
9.75%
Profit or Loss
13.07%
Net Worth
21.82%
EBITDA
19.72%

What is the Ownership and Shareholding Structure of Mech-Well Industries?

In 2023, Mech-Well Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹66.94 Cr

Satisfied Charges

₹65.19 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 66.36 Cr
  • Axis Bank Limited : 0.58 Cr

Latest Charge Details

DateLenderAmountStatus
27 Jun 2024Axis Bank Limited₹2.90 MOpen
16 Apr 2024Axis Bank Limited₹2.90 MOpen
28 Jan 2022Hdfc Bank Limited₹66.36 CrOpen
19 May 2022Sidbi₹4.50 MSatisfied
21 Sep 2018Sidbi₹1.75 CrSatisfied

How Many Employees Work at Mech-Well Industries?

Mech-Well Industries has a workforce of 176 employees as of Apr 07, 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.

Employee growth trends for Mech-Well Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mech-Well Industries, 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 Mech-Well Industries'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 Mech-Well Industries

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100941705 was registered on 27 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 66.36 Cr registered on 28 Jan 2022 with Charge ID 100537318 was modified on 10 Jun 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.29 Cr with Charge ID 100934095 was registered on 16 Apr 2024.

  • Annual General Meeting

    Mech-Well Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Dhruvian Sanjay Shah was appointed as a Director was appointed as a Director on 15 Jun 2023 & has been associated with this company since 1 year 9 months .

  • Balance Sheet

    Mech-Well Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Mech-Well Industries Limited?

    Mech-Well Industries Limited was incorporated on 03 Oct 1997.

  • What is authorized share capital and paid-up capital of Mech-Well Industries Limited?

    The authorized share capital of Mech-Well Industries Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.53 Cr.

  • Who are the current board members & directors of Mech-Well Industries Limited?

    Currently 3 directors are associated with Mech-Well Industries Limited.

    • Sanjay Rasiklal Shah
    • Dhruvian Sanjay Shah
    • Bhairavi Sanjay Shah

  • What is the registered address of Mech-Well Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mech-Well Industries Limited is 7-A Old Anjirwadithakkar Indl Estate Mazgaon India, Mumbai, Maharashtra, 400010.

  • What is the corporate identification number (CIN) and company number of Mech-Well Industries Limited?

    The corporate identification number (CIN) of Mech-Well Industries Limited is U28100MH1997PLC111040 and the company number is 111040 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mech-Well Industries Limited?

    The Official website of Mech-Well Industries Limited is https://www.mechwell.org

  • What has been the recent revenue trend for Mech-Well Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mech-Well Industries Limited has risen by 6.92%.

  • How many employees does Mech-Well Industries Limited currently have?

    As Per 2023 financial reports, 176 employees are currently employed by Mech-Well Industries Limited.

  • What change has been observed in the net worth of Mech-Well Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mech-Well Industries Limited has experienced an upsurge of 21.82%.

  • What are the total open charges for Mech-Well Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mech-Well Industries Limited amount to ₹ 66.94 Cr.

  • When was the last Balance Sheet of Mech-Well Industries Limited filed with the ROC?

    The most recent Balance Sheet for Mech-Well Industries Limited was filed with the ROC on 31 Mar 2023.

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