Mecpower Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 04-07-2024
- Paid Up Capital ₹ 1.00 M
as on 04-07-2024
- Company Age 8 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29.50 Cr
as on 04-07-2024
- Satisfied Charges ₹ 15.48 Cr
as on 04-07-2024
- Revenue -45.07%
(FY 2023)
- Profit -59.77%
(FY 2023)
- Ebitda -26.16%
(FY 2023)
- Net Worth 18.87%
(FY 2023)
- Total Assets 8.19%
(FY 2023)
About Mecpower Solutions
The Corporate was formerly known as Mecpower Solutions Private Limited. The Company is engaged in the Energy And Power 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹29.50 Cr. The company has closed loans amounting to ₹15.48 Cr, as per Ministry of Corporate Affairs (MCA) records.
Setul Shah, Manoj Shah, Kanchanlal Shah, and Three other members serve as directors at the Company.
- CIN/LLPIN
U74999GJ2016PLC093940
- Company No.
093940
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Oct 2016
- Date of AGM
28 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Mecpower Solutions Limited offer?
Mecpower Solutions Limited offers a wide range of products and services, including Servo Voltage Stabilizer, Three Phase Servo Controlled Voltage Stabilizer, Oil Cooled Servo Stabilizers.
Who are the key members and board of directors at Mecpower Solutions?
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Setul Shah  | Director | 03-Oct-2016 | Current |
| Manoj Shah | Director | 03-Oct-2016 | Current |
| Kanchanlal Shah | Director | 03-Oct-2016 | Current |
| Devansh Shah | Director | 21-Apr-2023 | Current |
| Kiran Mishra | Director | 21-Apr-2023 | Current |
| Bharat Shah | Director | 01-Jul-2022 | Current |
Financial Performance of Mecpower Solutions.
Mecpower Solutions Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.07% decrease. The company also saw a substantial fall in profitability, with a 59.77% decrease in profit. The company's net worth Soared by an impressive increase of 18.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mecpower Solutions?
In 2023, Mecpower Solutions had a promoter holding of 78.00% and a public holding of 22.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mecpower Mobility Private LimitedActive 3 years 2 monthsSetul Shah, Manoj Shah and 2 more are mutual person
- Mecrenewables Energy Private LimitedActive 4 years 6 months
Setul Shah and Manoj Shah are mutual person
- Reewaa Energies And Infra Private LimitedActive 6 years 4 months
Setul Shah, Manoj Shah and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 22 Aug 2023 | ₹29.50 Cr | Open |
Axis Bank Limited Creation Date: 09 Sep 2022 | ₹6.50 Cr | Satisfied |
Axis Bank Limited Creation Date: 28 Jun 2022 | ₹6.50 Cr | Satisfied |
How Many Employees Work at Mecpower Solutions?
Mecpower Solutions has a workforce of 1 employees as of Apr 08, 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 Mecpower Solutions, 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 Mecpower Solutions'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.
