Mel Properties Private Limited

Real estate and share trading company based in Karnataka.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 12, 2024

Mel Properties Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 6.81 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Revenue Growth -38.89%
  • Profit Growth -69.27%
  • Ebitda 27.72%
  • Net Worth -1.62%
  • Total Assets -9.11%

About Mel Properties

Mel Properties Private Limited (MPPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 October 2016 (Eight years and four months 7 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Financial Services 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 1.00 Cr and a paid-up capital of Rs 6.81 M.

The company currently has active open charges totaling ₹50.00 Cr.

Basant Poddar and Mandalamanickem Srinivasaraghavan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40100KA2016PTC097177

  • Company No.

    097177

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Oct 2016

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Real Estate and Construction

Who are the key members and board of directors at Mel Properties?

Board Members (2)

NameDesignationAppointment DateStatus
Basant Poddar Country flag representing In Director 17-Oct-2016Current
Mandalamanickem Srinivasaraghavan Country flag representing In Director 01-Feb-2021Current

Financial Performance of Mel Properties.

Mel Properties Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38.89% decrease. The company also saw a substantial fall in profitability, with a 69.27% decrease in profit. The company's net worth dipped by a decrease of 1.62%.

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
-38.89%
Revenue from Operations
394.43%
Total Assets
-9.11%
Profit or Loss
-69.27%
Net Worth
-1.62%
EBITDA
27.72%

What is the Ownership and Shareholding Structure of Mel Properties?

In 2023, Mel Properties had a promoter holding of 99.99% and a public holding of 0.01%. 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

₹50.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2022Axis Bank Limited₹50.00 CrOpen

How Many Employees Work at Mel Properties?

Mel Properties has a workforce of 20 employees as of Apr 09, 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 Mel Properties, 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 Mel Properties'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 Mel Properties

Recent activity within the organization

  • Annual General Meeting

    Mel Properties Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Mel Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100543764 was registered on 22 Feb 2022.

    22 Feb 2022

  • Director Appointment

    Mandalamanickem Sundaram Srinivasaraghavan was appointed as a Director was appointed as a Director on 01 Feb 2021 & has been associated with this company since 4 years 20 days .

    01 Feb 2021

  • Director Appointment

    Basant Poddar was appointed as a Director was appointed as a Director on 17 Oct 2016 & has been associated with this company since 8 years 4 months .

    17 Oct 2016

  • Company Incorporation

    Mel Properties Private Limited was registered on 17 Oct 2016 with Roc Bangalore & aged 8 years 4 months as per MCA records.

    17 Oct 2016

Frequently asked questions

  • Mel Properties Private Limited was incorporated on 17 Oct 2016.

  • The authorized share capital of Mel Properties Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 6.81 M.

  • Currently 2 directors are associated with Mel Properties Private Limited.

    • Basant Poddar
    • Mandalamanickem Sundaram Srinivasaraghavan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mel Properties Private Limited is No. 407 6Th A Cross 12Th Main Rmv Extension, Sadashivanagar India, Bangalore, Karnataka, 560080.

  • The corporate identification number (CIN) of Mel Properties Private Limited is U40100KA2016PTC097177 and the company number is 097177 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mel Properties Private Limited has fallen by -38.89%.

  • As Per 2023 financial reports, 20 employees are currently employed by Mel Properties Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mel Properties Private Limited has experienced an downturn of -1.62%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mel Properties Private Limited amount to ₹ 50.00 Cr.

  • The most recent Balance Sheet for Mel Properties Private Limited was filed with the ROC on 31 Mar 2024.

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