Mefco Engineers Private Limited

Manufacturer of high precision chemical plant equipment for diverse industries with advanced technology.

1973 | Chennai, Tamil Nadu (India) | Active
Last Updated: June 13, 2024

Mefco Engineers Profile

Key Indicators

  • Authorised Capital ₹ 1.26 Cr
  • Paid Up Capital ₹ 1.07 Cr
  • Company Age 51 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 31.44 Cr
  • Revenue Growth 42.50%
  • Profit Growth 1464.51%
  • Ebitda 87.50%
  • Net Worth 6.12%
  • Total Assets 32.96%

About Mefco Engineers

Mefco Engineers Private Limited (MEPL) was founded in India on 06 July 1973 and has a glorious history of 51 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Engineering 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 1.26 Cr and a paid-up capital of Rs 1.07 Cr.

The company currently has active open charges totaling ₹31.44 Cr.

Shanmugham Sivamurugan, Shanmugam Prabhuram, and Prabhuram Pushpalatha serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mefcoindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200TN1973PTC006388

  • Company No.

    006388

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Jul 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering

What products or services does Mefco Engineers Private Limited offer?

Mefco Engineers Private Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Data Processing, Chemical Reactors and Process Tanks, Pressure Vessels, Business Consultant, Value Engineering Services, Sugarcane Juice Machine & Sugar Mill Machinery, Crystallizers, Stainless Steel Pressure Vessel, Product Engineering Service.

Who are the key members and board of directors at Mefco Engineers?

Executive Team (1)

Name Designation Appointment Date Status
Shanmugham Sivamurugan Country flag representing In Managing Director 06-Jul-1973 Current

Board Members (2)

Name Designation Appointment Date Status
Prabhuram Pushpalatha Country flag representing In Director 18-Feb-2021 Current
Shanmugam Prabhuram Country flag representing In Director 01-Jul-1994 Current

Financial Performance of Mefco Engineers.

Mefco Engineers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.5% increase. The company also saw a substantial improvement in profitability, with a 1464.51% increase in profit. The company's net worth moved up by a moderate rise of 6.12%.

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
42.50%
Revenue from Operations
57.10%
Total Assets
32.96%
Profit or Loss
1464.51%
Net Worth
6.12%
EBITDA
87.50%

What is the Ownership and Shareholding Structure of Mefco Engineers?

In 2023, Mefco Engineers had a promoter holding of 63.88% and a public holding of 36.12%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 16.88 Cr
  • Sidbi : 7.50 Cr
  • Others : 3.64 Cr
  • Indian Overseas Bank : 3.41 Cr
  • Indiian Overseas Bank : 0.01 Cr

Latest Charge Details

Date Lender Amount Status
09 Jan 2024 Sidbi ₹7.50 Cr Open
14 Feb 2023 Tamilnad Mercantile Bank Limited ₹4.91 Cr Open
26 Aug 2021 Others ₹3.64 Cr Open
22 Mar 2017 Tamilnad Mercantile Bank Limited ₹6.30 Cr Open
18 Jun 2014 Tamilnad Mercantile Bank Limited ₹8.50 M Open

How Many Employees Work at Mefco Engineers?

Mefco Engineers has a workforce of 7 employees as of Mar 29, 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 Mefco Engineers, 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 Mefco Engineers'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 Mefco Engineers

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 7.50 Cr with Charge ID 100847396 was registered on 09 Jan 2024.

    09 Jan 2024

  • Annual General Meeting

    Mefco Engineers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mefco Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 4.91 Cr registered on 14 Feb 2023 with Charge ID 100687244 was modified on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 4.91 Cr with Charge ID 100687244 was registered on 14 Feb 2023.

    14 Feb 2023

  • Charges

    A charge with Others of Rs. 3.64 Cr registered on 26 Aug 2021 with Charge ID 100481164 was modified on 13 Oct 2021.

    13 Oct 2021

Frequently asked questions

  • Mefco Engineers Private Limited was incorporated on 06 Jul 1973.

  • The authorized share capital of Mefco Engineers Private Limited is ₹ 1.26 Cr and paid-up capital is ₹ 1.07 Cr.

  • Currently 3 directors are associated with Mefco Engineers Private Limited.

    • Shanmugham Palaniswamy Sivamurugan
    • Shanmugam Prabhuram
    • Prabhuram Pushpalatha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mefco Engineers Private Limited is 323Pantheon RoadMadrastamilnadu, Tamilnadu, Tamil Nadu, India, 600008.

  • The corporate identification number (CIN) of Mefco Engineers Private Limited is U27200TN1973PTC006388 and the company number is 006388 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mefco Engineers Private Limited is https://www.mefcoindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mefco Engineers Private Limited has risen by 42.50%.

  • As Per 2023 financial reports, 7 employees are currently employed by Mefco Engineers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mefco Engineers Private Limited has experienced an upsurge of 6.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mefco Engineers Private Limited amount to ₹ 31.44 Cr.

  • The most recent Balance Sheet for Mefco Engineers Private Limited was filed with the ROC on 31 Mar 2023.

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