Mefa Needles Pvt Ltd

Manufacturer of hosiery needles with a wide range of products and a large production capacity.

1981 | Ludhiana, Punjab (India) | Active
Last Updated:

Mefa Needles Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.56 M
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 1.10 M
  • Revenue Growth 3.46%
  • Profit Growth -15.36%
  • Ebitda 19.93%
  • Net Worth -8.43%
  • Total Assets -2.25%

About Mefa Needles

Mefa Needles Pvt Ltd (MNPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 August 1981 and has a history of 43 years and eight months. Its registered office is in Ludhiana, Punjab, 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 2020. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 1.56 M.

The company currently has active open charges totaling ₹1.10 M.

Yash Pal, Gavin Devgan, and Parminder Kaur serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29269PB1981PTC004641

  • Company No.

    004641

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Aug 1981

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Mefa Needles Pvt Ltd offer?

Mefa Needles Pvt Ltd offers a wide range of products and services, including Embroidery Needles & Accessories, Sewing Accessories, Knitting Needles, Sewing Needles.

Company report

Mefa Needles Pvt Ltd

Explore comprehensive data for Mefa Needles Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Mefa Needles?

Board Members (3)

NameDesignationAppointment DateStatus
Yash Pal Country flag representing In Director 20-Nov-2003Current
Gavin Devgan Country flag representing In Additional Director 22-Feb-2024Current
Parminder Kaur Country flag representing In Additional Director 22-Feb-2024Current

Financial Performance of Mefa Needles.

Mefa Needles Pvt Ltd, for the financial year ended 2015, experienced modest growth in revenue, with a 3.46% increase. The company also saw a substantial fall in profitability, with a 15.36% decrease in profit. The company's net worth dipped by a decrease of 8.43%.

Mefa Needles revenue growth over time
Mefa Needles 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
3.46%
Revenue from Operations
2.64%
Total Assets
-2.25%
Profit or Loss
-15.36%
Net Worth
-8.43%
EBITDA
19.93%

What is the Ownership and Shareholding Structure of Mefa Needles?

In 2017, Mefa Needles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.10 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 1995State Bank Of India₹0.20 MOpen
06 Jul 1989State Bank Of India₹0.50 MOpen
06 May 1988State Bank Of India₹0.10 MOpen
09 Mar 1988State Bank Of India₹0.20 MOpen
13 Aug 1987State Bank Of India₹0.10 MOpen

How Many Employees Work at Mefa Needles?

Mefa Needles has a workforce of 26 employees as of Apr 06, 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.

Employee growth trends for Mefa Needles Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mefa Needles, 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 Mefa Needles'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 Mefa Needles

Recent activity within the organization

  • Director Appointment

    Gavin Devgan was appointed as a Additional Director was appointed as a Additional Director on 22 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Director Appointment

    Parminder Kaur was appointed as a Additional Director was appointed as a Additional Director on 22 Feb 2024 & has been associated with this company since 1 year 2 months .

  • Annual General Meeting

    Mefa Needles Pvt Ltd last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Mefa Needles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Chandigarh.

  • Director Appointment

    Yash Pal was appointed as a Director was appointed as a Director on 20 Nov 2003 & has been associated with this company since 21 years 5 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.20 M with Charge ID 90179645 was registered on 24 May 1995.

Frequently asked questions

  • What is the Incorporation or founding date of Mefa Needles Pvt Ltd?

    Mefa Needles Pvt Ltd was incorporated on 14 Aug 1981.

  • What is authorized share capital and paid-up capital of Mefa Needles Pvt Ltd?

    The authorized share capital of Mefa Needles Pvt Ltd is ₹ 3.00 M and paid-up capital is ₹ 1.56 M.

  • Who are the current board members & directors of Mefa Needles Pvt Ltd?

    Currently 3 directors are associated with Mefa Needles Pvt Ltd.

    • Yash Pal
    • Gavin Devgan
    • Parminder Kaur

  • What is the registered address of Mefa Needles Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mefa Needles Pvt Ltd is B Xx1 14531 Gt Roadnear Military Camp Ludhiana India, Punjab, 141003.

  • What is the corporate identification number (CIN) and company number of Mefa Needles Pvt Ltd?

    The corporate identification number (CIN) of Mefa Needles Pvt Ltd is U29269PB1981PTC004641 and the company number is 004641 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mefa Needles Pvt Ltd?

    The Official website of Mefa Needles Pvt Ltd is https://www.mefaneedles.com

  • What has been the recent revenue trend for Mefa Needles Pvt Ltd?

    According to the financial reports for the fiscal year 2015, the revenue trend for Mefa Needles Pvt Ltd has risen by 3.46%.

  • How many employees does Mefa Needles Pvt Ltd currently have?

    As Per 2015 financial reports, 26 employees are currently employed by Mefa Needles Pvt Ltd.

  • What change has been observed in the net worth of Mefa Needles Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2015 indicates that The net worth of Mefa Needles Pvt Ltd has experienced an downturn of -8.43%.

  • What are the total open charges for Mefa Needles Pvt Ltd?

    As per the financial statements for fiscal Year 2015, The total open charges for Mefa Needles Pvt Ltd amount to ₹ 1.10 M.

  • When was the last Balance Sheet of Mefa Needles Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Mefa Needles Pvt Ltd was filed with the ROC on 31 Mar 2020.

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