Meet Electronics Junction Limited

Wholesale distributor of electronics and appliances in Gujarat.

2012 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 17, 2024

Meet Electronics Junction Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.70 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 11.00 Cr
  • Revenue Growth -35.63%
  • Profit Growth 73.32%
  • Ebitda 4.18%
  • Net Worth 9.31%
  • Total Assets 4.57%

About Meet Electronics Junction

Meet Electronics Junction Limited (MEJL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 March 2012 and has a history of 12 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables 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 10.00 Cr and a paid-up capital of Rs 5.70 Cr.

The company has closed loans amounting to ₹11.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Meet Electronics Junction Limited India is Viki Ladhawala as CFO. Amishaben Patel, Amit Patel, Renu Patel, and Five other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31900GJ2012PLC069682

  • Company No.

    069682

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Meet Electronics Junction?

Executive Team (1)

NameDesignationAppointment DateStatus
Viki Ladhawala CFO31-Aug-2023Current

Board Members (8)

NameDesignationAppointment DateStatus
Amishaben Patel Country flag representing In Director 30-Mar-2012Current
Amit Patel Country flag representing In Director 30-Mar-2012Current
Renu Patel Country flag representing In Director 30-Mar-2012Current
Geetaben Patel Country flag representing In Director 30-Mar-2012Current
Vimalkumar Gandhi Country flag representing In Director 31-Aug-2023Current
Devang Dhakan Country flag representing In Director 31-Aug-2023Current

Financial Performance of Meet Electronics Junction.

Meet Electronics Junction Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 35.63% decrease. The company also saw a substantial improvement in profitability, with a 73.32% increase in profit. The company's net worth moved up by a moderate rise of 9.31%.

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
-35.63%
Revenue from Operations
-36.11%
Total Assets
4.57%
Profit or Loss
73.32%
Net Worth
9.31%
EBITDA
4.18%

What is the Ownership and Shareholding Structure of Meet Electronics Junction?

In 2023, Meet Electronics Junction had a promoter holding of 57.92% and a public holding of 42.08%. 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

₹11.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 11.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jun 2012State Bank Of India₹11.00 CrSatisfied

How Many Employees Work at Meet Electronics Junction?

Unlock and access historical data on people associated with Meet Electronics Junction, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Meet Electronics Junction, 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 Meet Electronics Junction'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 Meet Electronics Junction

Recent activity within the organization

  • Annual General Meeting

    Meet Electronics Junction Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Meet Electronics Junction Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 21 Jun 2012 via Charge ID 10365866 with State Bank Of India was fully satisfied on 21 Feb 2024.

    21 Feb 2024

  • Director Appointment

    Vimalkumar Gopaldas Gandhi was appointed as a Director was appointed as a Director on 31 Aug 2023 & has been associated with this company since 1 year 5 months .

    31 Aug 2023

  • Charges

    A charge with State Bank Of India of Rs. 11.00 Cr registered on 21 Jun 2012 with Charge ID 10365866 was modified on 27 Jul 2020.

    27 Jul 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 11.00 Cr with Charge ID 10365866 was registered on 21 Jun 2012.

    21 Jun 2012

Frequently asked questions

  • Meet Electronics Junction Limited was incorporated on 30 Mar 2012.

  • The authorized share capital of Meet Electronics Junction Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.70 Cr.

  • Currently 9 directors are associated with Meet Electronics Junction Limited.

    • Amishaben Sandipbhai Patel
    • Amit Kiritbhai Patel
    • Renu Amitkumar Patel
    • Geetaben Kiritbhai Patel
    • Vimalkumar Gopaldas Gandhi
    • Devang Jashwantray Dhakan
    • Laxmikant Shantilal Gajjar
    • Sandip Patel
    • Viki Bipinchandra Ladhawala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meet Electronics Junction Limited is 31 32 33 S.G Mall Nr. Bhaikaka Nagar Thaltej Gam Road, India, Ahmedabad, Gujarat, 380059.

  • The corporate identification number (CIN) of Meet Electronics Junction Limited is U31900GJ2012PLC069682 and the company number is 069682 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Meet Electronics Junction Limited has fallen by -35.63%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Meet Electronics Junction Limited has experienced an upsurge of 9.31%.

  • The most recent Balance Sheet for Meet Electronics Junction Limited was filed with the ROC on 31 Mar 2024.