Memco Associates (I) Private Limited

Engineering, marketing, management, logistics, trading, installation, and construction services with nationwide presence.

1985 | Bangaluru, Karnataka (India) | Active
Last Updated:

Memco Associates (I) Profile

Key Indicators

  • Authorised Capital ₹ 4.50 Cr
  • Paid Up Capital ₹ 3.99 Cr
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.11 Cr
  • Satisfied Charges ₹ 3.91 Cr
  • Revenue Growth -38.00%
  • Profit Growth 26.38%
  • Ebitda -47.11%
  • Net Worth 10.15%
  • Total Assets 0.11%

About Memco Associates (I)

Memco Associates (I) Private Limited (MAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 1985 and has a history of 39 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Engineering 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 4.50 Cr and a paid-up capital of Rs 3.99 Cr.

The company currently has active open charges totaling ₹10.11 Cr. The company has closed loans amounting to ₹3.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Memco Associates (I) Private Limited India is Joshua Rajkumar as CEO. Jawahar Rajkumar, Miriam Rajkumar, Joshua Rajkumar, and Three other members 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

    U93100KA1985PTC007181

  • Company No.

    007181

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Engineering
Information Technology
Company report

Memco Associates (I) Private Limited

Explore comprehensive data for Memco Associates (I) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Memco Associates (I)?

Executive Team (1)

NameDesignationAppointment DateStatus
Joshua Rajkumar CEO01-Apr-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Jagadish Mudunuru Country flag representing In Director 19-Jul-2013Current
Jawahar Rajkumar Country flag representing In Director 14-May-2008Current
Miriam Rajkumar Country flag representing In Director 14-May-2008Current
Joshua Rajkumar Country flag representing In Director 05-Apr-2010Current
Suguna Rajkumar Country flag representing In Director 22-Feb-1986Current
Raman Sivakumar Country flag representing In Director 01-Sep-2023Current

Financial Performance of Memco Associates (I).

Memco Associates (I) Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 38% decrease. The company also saw a substantial improvement in profitability, with a 26.38% increase in profit. The company's net worth Soared by an impressive increase of 10.15%.

Memco Associates (I) revenue growth over time
Memco Associates (I) 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
-38.00%
Revenue from Operations
-38.94%
Total Assets
0.11%
Profit or Loss
26.38%
Net Worth
10.15%
EBITDA
-47.11%

What is the Ownership and Shareholding Structure of Memco Associates (I)?

In 2023, Memco Associates (I) had a promoter holding of 99.07% and a public holding of 0.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.11 Cr

Satisfied Charges

₹3.91 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.11 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2024Others₹1.82 CrOpen
06 Mar 2024Others₹7.90 MOpen
15 Sep 2020Others₹7.50 CrOpen
20 Jul 2000Icici Bank Limited₹3.83 CrSatisfied
13 Dec 1989Syndicate Bank₹0.73 MSatisfied

How Many Employees Work at Memco Associates (I)?

Memco Associates (I) has a workforce of 355 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.

Employee growth trends for Memco Associates (I) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Memco Associates (I), 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 Memco Associates (I)'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 Memco Associates (I)

Recent activity within the organization

  • Annual General Meeting

    Memco Associates (I) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 1.82 Cr with Charge ID 100983521 was registered on 31 Aug 2024.

  • Balance Sheet

    Memco Associates (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 0.79 Cr with Charge ID 100941737 was registered on 06 Mar 2024.

  • Charges

    A charge with Others of Rs. 7.50 Cr registered on 15 Sep 2020 with Charge ID 100370626 was modified on 30 Sep 2020.

  • Charges

    A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100370626 was registered on 15 Sep 2020.

Frequently asked questions

  • What is the Incorporation or founding date of Memco Associates (I) Private Limited?

    Memco Associates (I) Private Limited was incorporated on 30 Sep 1985.

  • What is authorized share capital and paid-up capital of Memco Associates (I) Private Limited?

    The authorized share capital of Memco Associates (I) Private Limited is ₹ 4.50 Cr and paid-up capital is ₹ 3.99 Cr.

  • Who are the current board members & directors of Memco Associates (I) Private Limited?

    Currently 7 directors are associated with Memco Associates (I) Private Limited.

    • Jawahar John Rajkumar
    • Miriam Yamuna Rajammal Rajkumar
    • Joshua Rajiv Rajkumar
    • Suguna Rajkumar
    • Jagadish Babu Mudunuru
    • Joshua Rajiv Rajkumar
    • Raman Sivakumar

  • What is the registered address of Memco Associates (I) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Memco Associates (I) Private Limited is No.849 100 Feet Road Binnamangala Indiranagar I Stage, India, Bangalore, Karnataka, 560038.

  • What is the corporate identification number (CIN) and company number of Memco Associates (I) Private Limited?

    The corporate identification number (CIN) of Memco Associates (I) Private Limited is U93100KA1985PTC007181 and the company number is 007181 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Memco Associates (I) Private Limited?

    The Official website of Memco Associates (I) Private Limited is https://www.memco.in

  • What has been the recent revenue trend for Memco Associates (I) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Memco Associates (I) Private Limited has fallen by -38.00%.

  • How many employees does Memco Associates (I) Private Limited currently have?

    As Per 2023 financial reports, 355 employees are currently employed by Memco Associates (I) Private Limited.

  • What change has been observed in the net worth of Memco Associates (I) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Memco Associates (I) Private Limited has experienced an upsurge of 10.15%.

  • What are the total open charges for Memco Associates (I) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Memco Associates (I) Private Limited amount to ₹ 10.11 Cr.

  • When was the last Balance Sheet of Memco Associates (I) Private Limited filed with the ROC?

    The most recent Balance Sheet for Memco Associates (I) Private Limited was filed with the ROC on 31 Mar 2024.

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