Meera Industries Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 10.68 Cr
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.40 Cr
- Satisfied Charges ₹ 1.52 Cr
- Revenue Growth -40.64%
- Profit Growth -165.54%
- Ebitda -123.16%
- Net Worth -6.91%
- Total Assets -0.34%
About Meera Industries
Meera Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 July 2006 and has a history of 18 years and six months. Its registered office is in Surat, Gujarat, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540519.
The Corporate was formerly known as Meera Industries Private Limited. 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 12.00 Cr and a paid-up capital of Rs 10.68 Cr.
The company currently has active open charges totaling ₹8.40 Cr. The company has closed loans amounting to ₹1.52 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Meera Industries Limited India are Bhavisha Khakhkhar as COMPANY SECRETARY and Vinod Ojha as Cfo. Sanjay Mehta, Dharmesh Desai, Mayank Desai, and Three other members serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
L29298GJ2006PLC048627
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Company No.
048627
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Stock Symbol
BSE : 540519
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
05 Jul 2006
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Listed
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ROC Code
Roc Ahmedabad
Industry
What products or services does Meera Industries Limited offer?
Meera Industries Limited offers a wide range of products and services, including Apparel & Textile Machinery, Spinning Machinery, Textile Finishing Machine, Reeling Machine, Garment & Textile Industrial Tools, Textile Twister, Industrial Racks & Storage System, Pallet Racks, Textile Machines, Auxiliary Machine.
Who are the key members and board of directors at Meera Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharmesh Desai
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Managing Director | 05-Jul-2006 | Current |
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Bhavisha Khakhkhar
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Company Secretary | 25-Apr-2018 | Current |
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Vinod Ojha
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CFO | 01-Apr-2017 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Rajendrabhai Kalyani
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Director | 18-May-2022 | Current |
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Sanjay Mehta
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Director | 10-Oct-2017 | Current |
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Mayank Desai
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Director | 28-Jan-2017 | Current |
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Hetal Mehta
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Director | 07-Apr-2017 | Current |
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Bijal Desai
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Whole-Time Director | 05-Jul-2006 | Current |
Financial Performance of Meera Industries.
Meera Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.64% decrease. The company also saw a substantial fall in profitability, with a 165.54% decrease in profit. The company's net worth dipped by a decrease of 6.91%.
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What is the Ownership and Shareholding Structure of Meera Industries?
In 2022, Meera Industries had a promoter holding of 64.19% and a public holding of 35.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Provyz Lifespaces Private LimitedMayank Desai is a mutual person
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Akkad Mehta & Co LlpSanjay Mehta is a mutual person
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Neogen Chemicals LimitedSanjay Mehta is a mutual person
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Span Divergent LimitedSanjay Mehta is a mutual person
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Aaron Industries LimitedHetal Mehta is a mutual person
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Neogen Ionics LimitedSanjay Mehta is a mutual person
Charges (Loans)
₹8.40 Cr
₹1.52 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 8.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2024 | Hdfc Bank Limited | ₹8.40 Cr | Open |
| 25 Aug 2006 | Axis Bank Limited | ₹1.52 Cr | Satisfied |
How Many Employees Work at Meera Industries?
Meera Industries has a workforce of 86 employees as of Mar 31, 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 Meera Industries, 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 Meera Industries'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.
