Mei Power Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 8.02 M
- Company Age 41 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 70.50 Cr
- Satisfied Charges ₹ 60.67 Cr
- Revenue Growth 123.39%
- Profit Growth 165.34%
- Ebitda 397.58%
- Net Worth 6.40%
- Total Assets 32.03%
About Mei Power
Mei Power Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 1984 and has a history of 41 years and two months. Its registered office is in Kolkata, West Bengal, India.
The Corporate was formerly known as The Marson's Electrical Industries Private Limited. The Company is engaged in the Energy And Power 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 5.00 Cr and a paid-up capital of Rs 8.02 M.
The company currently has active open charges totaling ₹70.50 Cr. The company has closed loans amounting to ₹60.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Neetu Jain, Nitin Jain, and Bimlesh Jain serve as directors at the Company.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31102WB1984PTC037064
- Company No.
037064
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jan 1984
- Date of AGM
23 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Energy and Power
Who are the key members and board of directors at Mei Power?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Jain  | Director | 25-Jul-2001 | Current |
| Neetu Jain | Director | 25-Jul-2001 | Current |
| Bimlesh Jain | Director | 05-Jan-1984 | Current |
Financial Performance of Mei Power.
Mei Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 123.39% increase. The company also saw a substantial improvement in profitability, with a 165.34% increase in profit. The company's net worth moved up by a moderate rise of 6.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mei Power?
In 2023, Mei Power had a promoter holding of 87.17% and a public holding of 12.83%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Marsons Industries Private LtdNitin Jain and Bimlesh Jain are mutual person
Futura Builders LlpNitin Jain and Bimlesh Jain are mutual person
- Western Transformer & Equipment Private Limited
Nitin Jain and Bimlesh Jain are mutual person
- Qualitas Education Private Limited
Bimlesh Jain is a mutual person
Charges (Loans)
Open Charges
₹70.50 Cr
Satisfied Charges
₹60.67 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 46.50 Cr
- Hdfc Bank Limited : 24.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Mar 2024 | Hdfc Bank Limited | ₹24.00 Cr | Open |
| 20 Oct 2022 | Axis Bank Limited | ₹46.50 Cr | Open |
| 29 Nov 2021 | Others | ₹1.67 Cr | Satisfied |
| 29 Sep 2011 | Canara Bank | ₹7.00 Cr | Satisfied |
| 20 Sep 2010 | Hdfc Bank Limited | ₹6.00 Cr | Satisfied |
How Many Employees Work at Mei Power?
Mei Power has a workforce of 33 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mei Power, 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 Mei Power'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 Mei Power
Recent activity within the organization
- Annual General Meeting
Mei Power Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.
- Balance Sheet
Mei Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.00 Cr with Charge ID 100882698 was registered on 06 Mar 2024.
- Charges
A charge registered on 23 Jul 1985 via Charge ID 90253229 with Others was fully satisfied on 26 Apr 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 46.50 Cr with Charge ID 100628925 was registered on 20 Oct 2022.
- Charges
A charge registered on 29 Nov 2021 via Charge ID 100506485 with Others was fully satisfied on 18 Jul 2022.
Frequently asked questions
What is the Incorporation or founding date of Mei Power Private Limited?
Mei Power Private Limited was incorporated on 05 Jan 1984.
What is authorized share capital and paid-up capital of Mei Power Private Limited?
The authorized share capital of Mei Power Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 8.02 M.
Who are the current board members & directors of Mei Power Private Limited?
Currently 3 directors are associated with Mei Power Private Limited.
- Neetu Jain
- Nitin Jain
- Bimlesh Kumar Jain
What is the registered address of Mei Power Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mei Power Private Limited is 11Th Floor Room No- 36 23A Netaji Subhash Road, India, Kolkata, West Bengal, 700001.
What is the corporate identification number (CIN) and company number of Mei Power Private Limited?
The corporate identification number (CIN) of Mei Power Private Limited is U31102WB1984PTC037064 and the company number is 037064 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mei Power Private Limited?
The Official website of Mei Power Private Limited is https://www.marsonselectricals.com
What has been the recent revenue trend for Mei Power Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mei Power Private Limited has risen by 123.39%.
How many employees does Mei Power Private Limited currently have?
As Per 2023 financial reports, 33 employees are currently employed by Mei Power Private Limited.
What change has been observed in the net worth of Mei Power Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mei Power Private Limited has experienced an upsurge of 6.40%.
What are the total open charges for Mei Power Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mei Power Private Limited amount to ₹ 70.50 Cr.
When was the last Balance Sheet of Mei Power Private Limited filed with the ROC?
The most recent Balance Sheet for Mei Power Private Limited was filed with the ROC on 31 Mar 2024.
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