Mehtex Engineering Private Limited

Manufactures aluminum castings for various industries and exports globally.

1999 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 23, 2024

Mehtex Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.98 M
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.01 Cr
  • Satisfied Charges ₹ 4.00 M
  • Revenue Growth 18.14%
  • Profit Growth 44.94%
  • Ebitda 49.38%
  • Net Worth 15.18%
  • Total Assets 26.19%

About Mehtex Engineering

Mehtex Engineering Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 1999 and has a history of 25 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Manufacturing 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 2.00 M and a paid-up capital of Rs 1.98 M.

The company currently has active open charges totaling ₹19.01 Cr. The company has closed loans amounting to ₹4.00 M, as per Ministry of Corporate Affairs (MCA) records.

Deepesh Mehta, Yeshwantkumar Mehta, Neena Mehta, and One other member 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

    U45202GJ1999PTC035955

  • Company No.

    035955

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 May 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Mehtex Engineering Private Limited offer?

Mehtex Engineering Private Limited offers a wide range of products and services, including Die Casting & Investment Castings, Industrial Casting, Gearbox, Axle, Sprocket & Gear Parts, Gearbox Parts, Moulds, Jigs and Casting Dies, Casting Dies, Metal Castings, Street, Flood and Commercial Lights, Street Light Parts.

Who are the key members and board of directors at Mehtex Engineering?

Board Members (4)

Name Designation Appointment Date Status
Deepesh Mehta Country flag representing In Director 07-May-1999 Current
Yeshwantkumar Mehta Country flag representing In Director 07-May-1999 Current
Neena Mehta Country flag representing In Director 22-May-2015 Current
Prabhavantiben Mehta Country flag representing In Director 22-May-2015 Current

Financial Performance of Mehtex Engineering.

Mehtex Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.14% increase. The company also saw a substantial improvement in profitability, with a 44.94% increase in profit. The company's net worth Soared by an impressive increase of 15.18%.

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
18.14%
Revenue from Operations
17.69%
Total Assets
26.19%
Profit or Loss
44.94%
Net Worth
15.18%
EBITDA
49.38%

What is the Ownership and Shareholding Structure of Mehtex Engineering?

In 2023, Mehtex Engineering 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

₹190.09 M

Satisfied Charges

₹4.00 M

Charges Breakdown by Lending Institutions

  • Others : 18.23 Cr
  • Dena Bank : 0.78 Cr

Latest Charge Details

Date Lender Amount Status
22 Nov 2019 Others ₹4.52 M Open
12 Aug 2016 Others ₹12.19 Cr Open
07 Apr 2016 Others ₹5.58 Cr Open
13 Aug 2009 Dena Bank ₹7.83 M Open
20 May 2004 Central Bank Of India ₹4.00 M Satisfied

How Many Employees Work at Mehtex Engineering?

Mehtex Engineering has a workforce of 28 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mehtex Engineering, 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 Mehtex Engineering'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 Mehtex Engineering

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 121.90 M registered on 12 Aug 2016 with Charge ID 100086645 was modified on 23 Feb 2024.

    23 Feb 2024

  • Charges

    A charge with Others of Rs. 55.84 M registered on 07 Apr 2016 with Charge ID 100020198 was modified on 27 Dec 2023.

    27 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Mehtex Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 4.52 M registered on 22 Nov 2019 with Charge ID 100302675 was modified on 20 Jul 2020.

    20 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 4.52 M with Charge ID 100302675 was registered on 22 Nov 2019.

    22 Nov 2019

Frequently asked questions

  • Mehtex Engineering Private Limited was incorporated on 07 May 1999.

  • The authorized share capital of Mehtex Engineering Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.98 M.

  • Currently 4 directors are associated with Mehtex Engineering Private Limited.

    • Deepesh Yeshwant Mehta
    • Yeshwantkumar Girdharlal Mehta
    • Neena Deepesh Mehta
    • Prabhavantiben Yeshwantbhai Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mehtex Engineering Private Limited is 79/3 Phase Ii G.I.D.C. Estate Opp-Mediwin Pharmaceutic Al Naroda, India, Ahmedabad, Gujarat, 382330.

  • The corporate identification number (CIN) of Mehtex Engineering Private Limited is U45202GJ1999PTC035955 and the company number is 035955 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mehtex Engineering Private Limited is https://www.mehtex.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mehtex Engineering Private Limited has risen by 18.14%.

  • As Per 2023 financial reports, 28 employees are currently employed by Mehtex Engineering Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mehtex Engineering Private Limited has experienced an upsurge of 15.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mehtex Engineering Private Limited amount to ₹ 19.01 Cr.

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