Meghmani Organics Limited

Produces pigments, pesticides, and caustic soda for various industries.

2019 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 04, 2024

Meghmani Organics Profile

Key Indicators

  • Authorised Capital ₹ 37.00 Cr
  • Paid Up Capital ₹ 25.43 Cr
  • Company Age 5 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,270.90 Cr
  • Satisfied Charges ₹ 122.00 Cr
  • Revenue Growth -40.33%
  • Profit Growth -122.59%
  • Ebitda -97.40%
  • Net Worth -5.51%
  • Total Assets -7.04%

About Meghmani Organics

Meghmani Organics Limited (MOL) is a Public Limited Indian Non-Government Company incorporated in India on 15 October 2019 (Five years and three months 18 days old ). Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543331 and on the National Stock Exchange(NSE) under MOL.

The Corporate was formerly known as Meghmani Organochem Limited. The Company is engaged in the Agriculture 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 37.00 Cr and a paid-up capital of Rs 25.43 Cr.

The company currently has active open charges totaling ₹2,270.90 Cr. The company has closed loans amounting to ₹122.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Meghmani Organics Limited India are Gurjant Chahal as Cfo, Ankit Patel as Ceo, and Jayesh Patel as Company Secretary. Manubhai Patel, Karana Patel, Kaushal Soparkar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24299GJ2019PLC110321

  • Company No.

    110321

  • Stock Symbol

    BSE : 543331 NSE : MOL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 2019

  • Date of AGM

    09 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Agriculture
Chemicals and Materials

Who are the key members and board of directors at Meghmani Organics?

Executive Team (3)

NameDesignationAppointment DateStatus
Ankit Patel Country flag representing In Managing Director14-Aug-2023Current
Gurjant Chahal Country flag representing In CFO05-May-2021Current
Jayesh Patel Country flag representing In Company Secretary20-May-2021Current

Board Members (9)

NameDesignationAppointment DateStatus
Maulik Patel Country flag representing In Director 14-Aug-2023Current
Manubhai Patel Country flag representing In Director 05-May-2021Current
Karana Patel Country flag representing In Whole-Time Director 14-Aug-2023Current
Kaushal Soparkar Country flag representing In Director 14-Aug-2023Current
Darshan Patel Country flag representing In Whole-Time Director 14-Aug-2023Current
Ganapathi Yadav Country flag representing In Director 05-May-2021Current

Financial Performance of Meghmani Organics.

Meghmani Organics Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 40.33% decrease. The company also saw a substantial fall in profitability, with a 122.59% decrease in profit. The company's net worth dipped by a decrease of 5.51%.

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
-40.33%
Revenue from Operations
-39.77%
Total Assets
-7.04%
Profit or Loss
-122.59%
Net Worth
-5.51%
EBITDA
-97.40%

What is the Ownership and Shareholding Structure of Meghmani Organics?

In 2023, Meghmani Organics had a promoter holding of 49.48% and a public holding of 50.53%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,270.90 Cr

Satisfied Charges

₹122.00 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1812.00 Cr
  • Axis Bank Limited : 150.00 Cr
  • Others : 150.00 Cr
  • Sbi Cb Icici Bank Ltd : 79.45 Cr
  • Sbi Cb Icici Bank Ltd : 79.45 Cr

Latest Charge Details

DateLenderAmountStatus
09 Nov 2023Sbicap Trustee Company Limited₹150.00 CrOpen
27 Mar 2023Others₹150.00 CrOpen
01 Sep 2022Axis Bank Limited₹150.00 CrOpen
01 Sep 2022Sbicap Trustee Company Limited₹150.00 CrOpen
13 Jan 2021Sbicap Trustee Company Limited₹112.00 CrOpen

How Many Employees Work at Meghmani Organics?

Meghmani Organics has a workforce of 1095 employees as of Sep 10, 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 Meghmani Organics, 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 Meghmani Organics'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 Meghmani Organics

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 700.00 Cr registered on 19 Apr 2004 with Charge ID 80010560 was modified on 09 Sep 2024.

    09 Sep 2024

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 700.00 Cr registered on 09 Oct 2003 with Charge ID 80010561 was modified on 29 Aug 2024.

    29 Aug 2024

  • Charges

    A charge registered on 22 Jan 2019 via Charge ID 100233093 with Axis Bank Limited was fully satisfied on 07 Aug 2024.

    07 Aug 2024

  • Annual General Meeting

    Meghmani Organics Limited last Annual general meeting of members was held on 09 Jul 2024 as per latest MCA records.

    09 Jul 2024

  • Balance Sheet

    Meghmani Organics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Sbicap Trustee Company Limited amounted to Rs. 150.00 Cr with Charge ID 100817834 was registered on 09 Nov 2023.

    09 Nov 2023

Frequently asked questions

  • Meghmani Organics Limited was incorporated on 15 Oct 2019.

  • The authorized share capital of Meghmani Organics Limited is ₹ 37.00 Cr and paid-up capital is ₹ 25.43 Cr.

  • Currently 13 directors are associated with Meghmani Organics Limited.

    • Manubhai Khodidas Patel
    • Karana Rameshbhai Patel
    • Kaushal Ashishbhai Soparkar
    • Maulik Jayantibhai Patel
    • Darshan Anandbhai Patel
    • Ankit Natwarlal Patel
    • Ganapathi Dadasaheb Yadav
    • Varesh Sinha
    • Urvashi Dhirubhai Shah
    • Gurjant Singh Chahal
    • Ankit Natwarlal Patel
    • Jayesh Ravajibhai Patel
    • Nikunt Kirit Raval
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meghmani Organics Limited is 1St+2Nd+3Rd Fl Nr. Raj Bunglow Nr.Safal, Profitaire Prahlad Nagar Satellite, Ahmedabad, Gujarat, India, 380015.

  • The corporate identification number (CIN) of Meghmani Organics Limited is L24299GJ2019PLC110321 and the company number is 110321 as per Ministry of Corporate Affairs (MCA).

  • Yes, Meghmani Organics Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MOL.

  • The Official website of Meghmani Organics Limited is https://www.meghmani.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Meghmani Organics Limited has fallen by -40.33%.

  • As Per 2024 financial reports, 1095 employees are currently employed by Meghmani Organics Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Meghmani Organics Limited has experienced an downturn of -5.51%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Meghmani Organics Limited amount to ₹ 2,270.90 Cr.

  • The most recent Balance Sheet for Meghmani Organics Limited was filed with the ROC on 31 Mar 2024.

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