Meco Racing Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 11 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 7.99 M
- Revenue Growth 66.02%
- Profit Growth 275.51%
- Ebitda 17.03%
- Net Worth 16.64%
- Total Assets 4.48%
About Meco Racing
Meco Racing Private Limited (MRPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 November 2013 and has a history of 11 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Events And Entertainment 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹7.99 M.
Abdul Malick, Kumawat Gyandev, and Thiyagarajan Kumar serve as directors at the Company.
Company Details
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Location
Chennai, Tamil Nadu, 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
U74900TN2013PTC093879
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Company No.
093879
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Nov 2013
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Meco Racing?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abdul Malick
|
Director | 23-Feb-2022 | Current |
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Kumawat Gyandev
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Director | 23-Feb-2022 | Current |
|
Thiyagarajan Kumar
|
Director | 23-Feb-2022 | Current |
Financial Performance of Meco Racing.
Meco Racing Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 66.02% increase. The company also saw a substantial improvement in profitability, with a 275.51% increase in profit. The company's net worth Soared by an impressive increase of 16.64%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Meco Racing?
In 2021, Meco Racing 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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Meco Motorsports Private LimitedAbdul Malick and Kumawat Gyandev are mutual person
Charges (Loans)
₹7.99 M
₹0
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 0.60 Cr
- Hdfc Bank Limited : 0.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 2024 | Hdfc Bank Limited | ₹1.02 M | Open |
| 02 Sep 2022 | Hdfc Bank Limited | ₹0.45 M | Open |
| 24 Aug 2022 | Hdfc Bank Limited | ₹0.53 M | Open |
| 15 Dec 2017 | Yes Bank Limited | ₹6.00 M | Open |
How Many Employees Work at Meco Racing?
Meco Racing has a workforce of 16 employees as of Apr 06, 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 Meco Racing, 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 Meco Racing'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.
