Mehala Machines India Profile
Key Indicators
- Authorised Capital ₹ 31.00 Cr
- Paid Up Capital ₹ 30.07 Cr
- Company Age 28 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 70.81 Cr
- Satisfied Charges ₹ 17.93 Cr
- Revenue Growth -12.31%
- Profit Growth -18.17%
- Ebitda -1.74%
- Net Worth 5.60%
- Total Assets 9.67%
About Mehala Machines India
Mehala Machines India Limited (MMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 30 May 1996 and has a history of 28 years and nine months. Its registered office is in Tirupur, Tamil Nadu, India.
The Corporate was formerly known as Mehala Machines India 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 31.00 Cr and a paid-up capital of Rs 30.07 Cr.
The company currently has active open charges totaling ₹70.81 Cr. The company has closed loans amounting to ₹17.93 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mehala Machines India Limited India are Subramaniam Bharath as CFO and Nikita Sarraf as Company Secretary. Subramaniam Bharath, Nallagoundapudur Elango, and Saidarshini Senapathy serve as directors at the Company.
Company Details
- Location
Tirupur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29269TZ1996PLC007229
- Company No.
007229
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 May 1996
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Machinery and Equipment
What products or services does Mehala Machines India Limited offer?
Mehala Machines India Limited offers a wide range of products and services, including Sewing,Knitting & Embroidery Machine, Industrial Sewing Machine, Apparel & Textile Machinery, Fabric Cutters, Cutting Machines & Equipment, Paper Cutting Machine, Embroidery Machine, Garment Stitching Machine.
Who are the key members and board of directors at Mehala Machines India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramaniam Bharath | CFO | 01-Mar-2022 | Current |
Nikita Sarraf  | Company Secretary | 01-Mar-2022 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subramaniam Bharath | Director | 04-Jul-2007 | Current |
| Nallagoundapudur Elango | Whole-Time Director | 30-Sep-2009 | Current |
| Saidarshini Senapathy | Director | 25-Jan-2022 | Current |
Financial Performance of Mehala Machines India.
Mehala Machines India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 12.31% decrease. The company also saw a substantial fall in profitability, with a 18.17% decrease in profit. The company's net worth moved up by a moderate rise of 5.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mehala Machines India?
In 2023, Mehala Machines India had a promoter holding of 11.59% and a public holding of 88.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Marse Intellicorp Private LimitedSubramaniam Bharath and Saidarshini Senapathy are mutual person
- Sri Sairam Agencies Llp
Saidarshini Senapathy is a mutual person
Charges (Loans)
Open Charges
₹70.81 Cr
Satisfied Charges
₹17.93 Cr
Charges Breakdown by Lending Institutions
- Indian Bank : 58.58 Cr
- Indusind Bank Limited : 12.00 Cr
- Indus Ind Bank Limited : 0.13 Cr
- Canara Bank : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 2007 | Indian Bank | ₹58.58 Cr | Open |
| 28 Jun 2007 | Indusind Bank Limited | ₹12.00 Cr | Open |
| 26 Jun 1998 | Indus Ind Bank Limited | ₹1.30 M | Open |
| 05 Jul 1993 | Canara Bank | ₹1.00 M | Open |
| 16 Nov 2010 | Indian Bank | ₹6.85 Cr | Satisfied |
How Many Employees Work at Mehala Machines India?
Mehala Machines India has a workforce of 131 employees as of Apr 08, 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 Mehala Machines India, 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 Mehala Machines India'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.
Latest Updates, News, and FAQs on Mehala Machines India
Recent activity within the organization
- Annual General Meeting
Mehala Machines India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Indian Bank of Rs. 58.58 Cr registered on 09 Nov 2007 with Charge ID 10099874 was modified on 14 Jun 2023.
- Balance Sheet
Mehala Machines India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Subramaniam Bharath was appointed as a Cfo was appointed as a Cfo on 01 Mar 2022 & has been associated with this company since 3 years 29 days .
- Director Appointment
Nikita Sarraf was appointed as a Company Secretary was appointed as a Company Secretary on 01 Mar 2022 & has been associated with this company since 3 years 29 days .
- Director Appointment
Saidarshini Senapathy was appointed as a Director was appointed as a Director on 25 Jan 2022 & has been associated with this company since 3 years 2 months .
Frequently asked questions
What is the Incorporation or founding date of Mehala Machines India Limited?
Mehala Machines India Limited was incorporated on 30 May 1996.
What is authorized share capital and paid-up capital of Mehala Machines India Limited?
The authorized share capital of Mehala Machines India Limited is ₹ 31.00 Cr and paid-up capital is ₹ 30.07 Cr.
Who are the current board members & directors of Mehala Machines India Limited?
Currently 5 directors are associated with Mehala Machines India Limited.
- Subramaniam Bharath
- Nallagoundapudur Palanisamy Elango
- Saidarshini Senapathy
- Subramaniam Bharath
- Nikita Sarraf
What is the registered address of Mehala Machines India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mehala Machines India Limited is 36 Harvey Road, Tirupur, Tamil Nadu, India, 641602.
What is the corporate identification number (CIN) and company number of Mehala Machines India Limited?
The corporate identification number (CIN) of Mehala Machines India Limited is U29269TZ1996PLC007229 and the company number is 007229 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mehala Machines India Limited?
The Official website of Mehala Machines India Limited is https://www.mehala.com
What has been the recent revenue trend for Mehala Machines India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mehala Machines India Limited has fallen by -12.31%.
How many employees does Mehala Machines India Limited currently have?
As Per 2023 financial reports, 131 employees are currently employed by Mehala Machines India Limited.
What change has been observed in the net worth of Mehala Machines India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mehala Machines India Limited has experienced an upsurge of 5.60%.
What are the total open charges for Mehala Machines India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mehala Machines India Limited amount to ₹ 70.81 Cr.
When was the last Balance Sheet of Mehala Machines India Limited filed with the ROC?
The most recent Balance Sheet for Mehala Machines India Limited was filed with the ROC on 31 Mar 2023.
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