Meenakshi Associates Private Ltd.

Fabricates pressure vessels, heat exchangers, storage tanks, and chemical gas cylinders for petroleum and chemical industries.

1985 | New Delhi, Delhi (India) | Active
Last Updated: July 17, 2024

Meenakshi Associates Profile

Key Indicators

  • Authorised Capital ₹ 3.50 Cr
  • Paid Up Capital ₹ 3.50 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 74.28 Cr
  • Revenue Growth -14.44%
  • Profit Growth -99.69%
  • Ebitda 192.13%
  • Net Worth -4.63%
  • Total Assets 3.21%

About Meenakshi Associates

Meenakshi Associates Private Ltd. (MAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 December 1985 and has a history of 39 years and two months. Its registered office is in New Delhi, Delhi, India.

The Company is engaged in the Machinery And Equipment 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 3.50 Cr and a paid-up capital of Rs 3.50 Cr.

The company has closed loans amounting to ₹74.28 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Preeti Narang, Hemant Narang, and Sudesh Narang serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28910DL1985PTC022829

  • Company No.

    022829

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Dec 1985

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Meenakshi Associates Private Ltd. offer?

Meenakshi Associates Private Ltd. offers a wide range of products and services, including Chemical Reactors and Process Tanks, Process Vessels, Cooling Tower, Heat Exchanger, Parts, Heat Exchangers, Industrial Air Conditioner & Devices, Refrigeration Spares, Chemical Plants & Machinery, Distillation Units, Separators, Strainers & Purifiers, Separating Machine.

Who are the key members and board of directors at Meenakshi Associates?

Board Members (3)

NameDesignationAppointment DateStatus
Preeti Narang Country flag representing In Director 25-Mar-2022Current
Hemant Narang Country flag representing In Additional Director 01-Nov-2013Current
Sudesh Narang Country flag representing In Director 19-Dec-1985Current

Financial Performance of Meenakshi Associates.

Meenakshi Associates Private Ltd., for the financial year ended 2023, experienced significant reduction in revenue, with a 14.44% decrease. The company also saw a substantial fall in profitability, with a 99.69% decrease in profit. The company's net worth dipped by a decrease of 4.63%.

Graph illustrating revenue growth over time
Graph showing 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
-14.44%
Revenue from Operations
13.55%
Total Assets
3.21%
Profit or Loss
-99.69%
Net Worth
-4.63%
EBITDA
192.13%

What is the Ownership and Shareholding Structure of Meenakshi Associates?

In 2023, Meenakshi Associates had a promoter holding of 73.65% and a public holding of 26.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹74.28 Cr

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 35.30 Cr
  • Others : 27.05 Cr
  • Bank Of Baroda : 6.18 Cr
  • Indian Overseas Bank : 5.35 Cr
  • Uttar Pradesh Finace Corporation : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
01 May 2020Others₹6.90 MSatisfied
20 Jul 2017Others₹26.05 CrSatisfied
01 Sep 2015Bank Of Baroda₹1.50 CrSatisfied
30 May 2013Bank Of Baroda₹1.35 MSatisfied
27 Apr 2012Bank Of Baroda₹1.70 MSatisfied

How Many Employees Work at Meenakshi Associates?

Meenakshi Associates has a workforce of 36 employees as of Apr 01, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Meenakshi Associates Private Ltd. last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Meenakshi Associates Private Ltd. has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 12 Nov 2009 via Charge ID 10188945 with Others was fully satisfied on 09 Jan 2023.

    09 Jan 2023

  • Charges

    A charge with Others of Rs. 0.31 Cr registered on 12 Nov 2009 with Charge ID 10188945 was modified on 30 Apr 2022.

    30 Apr 2022

  • Director Appointment

    Preeti Narang was appointed as a Director was appointed as a Director on 25 Mar 2022 & has been associated with this company since 2 years 11 months .

    25 Mar 2022

  • Charges

    A charge registered on 01 May 2020 via Charge ID 100338837 with Others was fully satisfied on 23 Dec 2021.

    23 Dec 2021

Frequently asked questions

  • Meenakshi Associates Private Ltd. was incorporated on 19 Dec 1985.

  • The authorized share capital of Meenakshi Associates Private Ltd. is ₹ 3.50 Cr and paid-up capital is ₹ 3.50 Cr.

  • Currently 3 directors are associated with Meenakshi Associates Private Ltd..

    • Preeti Narang
    • Hemant Kumar Narang
    • Sudesh Narang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meenakshi Associates Private Ltd. is Bhagwati Business Centre Office No. 1 First Floor S-565 School Block-2 Shakarpur, New Delhi, India, 110092.

  • The corporate identification number (CIN) of Meenakshi Associates Private Ltd. is U28910DL1985PTC022829 and the company number is 022829 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Meenakshi Associates Private Ltd. is https://www.meenakshiassociates.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Meenakshi Associates Private Ltd. has fallen by -14.44%.

  • As Per 2023 financial reports, 36 employees are currently employed by Meenakshi Associates Private Ltd..

  • The financial reports for the fiscal year 2023 indicates that The net worth of Meenakshi Associates Private Ltd. has experienced an downturn of -4.63%.

  • The most recent Balance Sheet for Meenakshi Associates Private Ltd. was filed with the ROC on 31 Mar 2023.

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