Mecon Limited

Public sector company providing engineering, consultancy, and contracting services for metal, power, oil, gas, and infrastructure sectors.

1973 | Ranchi, Jharkhand (India) | Active
Last Updated:

Mecon Profile

Key Indicators

  • Authorised Capital ₹ 104.00 Cr
  • Paid Up Capital ₹ 40.14 Cr
  • Company Age 52 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 330.00 Cr
  • Revenue Growth 47.52%
  • Profit Growth 126.37%
  • Ebitda -221.89%
  • Net Worth 3.01%
  • Total Assets -6.46%

About Mecon

Mecon Limited (ML) was founded in India on 31 March 1973 and has a glorious history of 52 years and one month. Its registered office is in Ranchi, Jharkhand, India.

The Corporate was formerly known as Metallurgical & Engineering Consultants (India) 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 104.00 Cr and a paid-up capital of Rs 40.14 Cr.

The company currently has active open charges totaling ₹330.00 Cr.

The Key Managerial Personnel (KMP) at Mecon Limited India is Sudesh Rathi as COMPANY SECRETARY. Sukriti Likhi, Sanjay Verma, Mukesh Kumar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ranchi, Jharkhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140JH1973GOI001199

  • Company No.

    001199

  • Company Classification

    Private Limited Union Government Company

  • Incorporation Date

    31 Mar 1973

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Engineering

What products or services does Mecon Limited offer?

Mecon Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Architectural & Civil Engineering, Architectural Services, Environment Protection & Auditing, Environment Protection Services, Turnkey Consultants & Solutions, Project Report Services, Project Handling Services, Inspection & Quality Check Services.

Company report

Mecon Limited

Explore comprehensive data for Mecon Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mecon?

Executive Team (2)

NameDesignationAppointment DateStatus
Sanjay Verma Country flag representing In Managing Director15-Jan-2020Current
Sudesh Rathi Company Secretary21-Sep-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Sukriti Likhi Country flag representing In Nominee Director 23-Apr-2021Current
Mukesh Kumar Country flag representing In Whole-Time Director 07-Dec-2022Current
Sanjay Roy Country flag representing In Nominee Director 09-Mar-2023Current
Amit Raj Country flag representing In Whole-Time Director Current
Pradumn Dixit Country flag representing In Whole-Time Director Current

Financial Performance of Mecon.

Mecon Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.52% increase. The company also saw a substantial improvement in profitability, with a 126.37% increase in profit. The company's net worth moved up by a moderate rise of 3.01%.

Mecon revenue growth over time
Mecon 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
47.52%
Revenue from Operations
47.57%
Total Assets
-6.46%
Profit or Loss
126.37%
Net Worth
3.01%
EBITDA
-221.89%

What is the Ownership and Shareholding Structure of Mecon?

In 2023, Mecon 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

₹330.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 270.00 Cr
  • State Bank Of India : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2018Others₹270.00 CrOpen
11 Jan 2012State Bank Of India₹60.00 CrOpen

How Many Employees Work at Mecon?

Mecon has a workforce of 1354 employees as of Apr 03, 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 Mecon Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mecon, 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 Mecon'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 Mecon

Recent activity within the organization

  • Annual General Meeting

    Mecon Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Mecon Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

  • Director Appointment

    Sanjay Roy was appointed as a Nominee Director was appointed as a Nominee Director on 09 Mar 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Mukesh Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Dec 2022 & has been associated with this company since 2 years 5 months .

  • Director Appointment

    Sukriti Likhi was appointed as a Nominee Director was appointed as a Nominee Director on 23 Apr 2021 & has been associated with this company since 4 years 1 month .

  • Director Appointment

    Sanjay Kumar Verma was appointed as a Managing Director was appointed as a Managing Director on 15 Jan 2020 & has been associated with this company since 5 years 4 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Mecon Limited?

    Mecon Limited was incorporated on 31 Mar 1973.

  • What is authorized share capital and paid-up capital of Mecon Limited?

    The authorized share capital of Mecon Limited is ₹ 104.00 Cr and paid-up capital is ₹ 40.14 Cr.

  • Who are the current board members & directors of Mecon Limited?

    Currently 7 directors are associated with Mecon Limited.

    • Sukriti Likhi
    • Sanjay Kumar Verma
    • Mukesh Kumar
    • Sanjay Roy
    • Amit Raj
    • Pradumn Kumar Dixit
    • Sudesh Kumar Rathi

  • What is the registered address of Mecon Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mecon Limited is Mecon Limited, P.O.- P.S.- Doranda Ranchi India, Jharkhand, 834002.

  • What is the corporate identification number (CIN) and company number of Mecon Limited?

    The corporate identification number (CIN) of Mecon Limited is U74140JH1973GOI001199 and the company number is 001199 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mecon Limited?

    The Official website of Mecon Limited is https://www.meconlimited.co.in

  • What has been the recent revenue trend for Mecon Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mecon Limited has risen by 47.52%.

  • How many employees does Mecon Limited currently have?

    As Per 2023 financial reports, 1354 employees are currently employed by Mecon Limited.

  • What change has been observed in the net worth of Mecon Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mecon Limited has experienced an upsurge of 3.01%.

  • What are the total open charges for Mecon Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mecon Limited amount to ₹ 330.00 Cr.

  • When was the last Balance Sheet of Mecon Limited filed with the ROC?

    The most recent Balance Sheet for Mecon Limited was filed with the ROC on 31 Mar 2023.

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