Medicon Leather Private Limited

Trading company specializing in Italian leather accessories and distributing to various stores.

1987 | Bangaluru, Karnataka (India) | Active
Last Updated:

Medicon Leather Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 2.58 Cr
  • Company Age 37 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.85 Cr
  • Satisfied Charges ₹ 24.75 Cr
  • Revenue Growth 7.33%
  • Profit Growth -747.52%
  • Ebitda -152.47%
  • Net Worth -43.04%
  • Total Assets 4.90%

About Medicon Leather

Medicon Leather Private Limited (MLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 July 1987 and has a history of 37 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Goods 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 3.50 Cr and a paid-up capital of Rs 2.58 Cr.

The company currently has active open charges totaling ₹8.85 Cr. The company has closed loans amounting to ₹24.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Neeta Sangieve and Sangieve Shyam serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01911KA1987PTC008484

  • Company No.

    008484

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jul 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Goods
Company report

Medicon Leather Private Limited

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

Who are the key members and board of directors at Medicon Leather?

Board Members (2)

NameDesignationAppointment DateStatus
Neeta Sangieve Country flag representing In Director 01-Apr-2007Current
Sangieve Shyam Country flag representing In Director 13-Jul-1987Current

Financial Performance of Medicon Leather.

Medicon Leather Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 7.33% increase. The company also saw a substantial fall in profitability, with a 747.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 43.04%.

Medicon Leather revenue growth over time
Medicon Leather 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
7.33%
Revenue from Operations
16.51%
Total Assets
4.90%
Profit or Loss
-747.52%
Net Worth
-43.04%
EBITDA
-152.47%

What is the Ownership and Shareholding Structure of Medicon Leather?

Unlock access to Medicon Leather's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.85 Cr

Satisfied Charges

₹24.75 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.85 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2025Canara Bank₹8.85 CrOpen
15 Jun 2020Canara Bank₹1.26 CrSatisfied
04 May 2020Canara Bank₹5.50 MSatisfied
15 Oct 2015Canara Bank₹0.20 MSatisfied
18 Mar 2011Canara Bank₹13.87 CrSatisfied

How Many Employees Work at Medicon Leather?

Medicon Leather has a workforce of 57 employees as of Mar 17, 2025. 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 Medicon Leather Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 8.85 Cr with Charge ID 101045981 was registered on 06 Feb 2025.

  • Annual General Meeting

    Medicon Leather Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 15 Jun 2020 via Charge ID 100344731 with Canara Bank was fully satisfied on 24 May 2024.

  • Charges

    A charge registered on 04 May 2020 via Charge ID 100337302 with Canara Bank was fully satisfied on 24 May 2024.

  • Balance Sheet

    Medicon Leather Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Canara Bank of Rs. 13.87 Cr registered on 18 Mar 2011 with Charge ID 10279239 was modified on 21 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Medicon Leather Private Limited?

    Medicon Leather Private Limited was incorporated on 13 Jul 1987.

  • What is authorized share capital and paid-up capital of Medicon Leather Private Limited?

    The authorized share capital of Medicon Leather Private Limited is ₹ 3.50 Cr and paid-up capital is ₹ 2.58 Cr.

  • Who are the current board members & directors of Medicon Leather Private Limited?

    Currently 2 directors are associated with Medicon Leather Private Limited.

    • Neeta Bulchandani Sangieve
    • Sangieve Bulchandani Shyam
  • What is the registered address of Medicon Leather Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Medicon Leather Private Limited is No.35/3 Ii Floor Bommanahalli Village Begur Hobli, India, Bangalore, Karnataka, 560068.

  • What is the corporate identification number (CIN) and company number of Medicon Leather Private Limited?

    The corporate identification number (CIN) of Medicon Leather Private Limited is U01911KA1987PTC008484 and the company number is 008484 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Medicon Leather Private Limited?

    The Official website of Medicon Leather Private Limited is https://www.bulchee.in

  • What has been the recent revenue trend for Medicon Leather Private Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Medicon Leather Private Limited has risen by 7.33%.

  • How many employees does Medicon Leather Private Limited currently have?

    As Per 2024 financial reports, 57 employees are currently employed by Medicon Leather Private Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Medicon Leather Private Limited has experienced an downturn of -43.04%.

  • What are the total open charges for Medicon Leather Private Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Medicon Leather Private Limited amount to ₹ 8.85 Cr.

  • When was the last Balance Sheet of Medicon Leather Private Limited filed with the ROC?

    The most recent Balance Sheet for Medicon Leather Private Limited was filed with the ROC on 31 Mar 2024.

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