Mecon Profile
Key Indicators
- Authorised Capital ₹ 104.00 Cr
- Paid Up Capital ₹ 40.14 Cr
- Company Age 51 Year, 10 Months
- 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 51 years and ten months. 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
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.
Who are the key members and board of directors at Mecon?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sanjay Verma  | Managing Director | 15-Jan-2020 | Current |
| Sudesh Rathi | Company Secretary | 21-Sep-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sukriti Likhi | Nominee Director | 23-Apr-2021 | Current |
| Mukesh Kumar | Whole-Time Director | 07-Dec-2022 | Current |
| Sanjay Roy | Nominee Director | 09-Mar-2023 | Current |
| Amit Raj | Whole-Time Director | Current | |
| Pradumn Dixit | 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%.
- Key Matrics
- Balance Sheet
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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.
Related Corporates (Common Directorship)
Rashtriya Ispat Nigam LtdSanjay Roy is a mutual person
Gpcl Consulting Services LimitedSanjay Verma is a mutual person
Kiocl LimitedSanjay Roy is a mutual person
Moil LimitedSanjay Roy is a mutual person
Nmdc LimitedSukriti Likhi is a mutual person
- Nmdc Steel Limited
Sukriti Likhi is a mutual person
Charges (Loans)
₹330.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Others : 270.00 Cr
- State Bank Of India : 60.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Sep 2018 | Others | ₹270.00 Cr | Open |
| 11 Jan 2012 | State Bank Of India | ₹60.00 Cr | Open |
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.
Deals i
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
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.
