Memco Engineering Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.20 Cr
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.00 Cr
- Satisfied Charges ₹ 20.07 Cr
- Revenue Growth 4.65%
- Profit Growth -105.15%
- Ebitda -77.52%
- Net Worth -0.13%
- Total Assets -5.29%
About Memco Engineering
Memco Engineering Pvt Ltd (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 2006 and has a history of 18 years and eight months. Its registered office is in Nashik, Maharashtra, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 7.20 Cr.
The company currently has active open charges totaling ₹20.00 Cr. The company has closed loans amounting to ₹20.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
Yatin Shah, Suhasini Shah, Ravindra Joshi, and One other member serve as directors at the Company.
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U29199MH2006PTC162658
- Company No.
162658
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jun 2006
- Date of AGM
25 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Memco Engineering?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yatin Shah  | Whole-Time Director | 10-Oct-2017 | Current |
| Suhasini Shah | Whole-Time Director | 10-Oct-2017 | Current |
| Ravindra Joshi | Whole-Time Director | 10-Oct-2017 | Current |
| Karan Shah | Whole-Time Director | 07-Feb-2019 | Current |
Financial Performance of Memco Engineering.
Memco Engineering Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 4.65% increase. The company also saw a substantial fall in profitability, with a 105.15% decrease in profit. The company's net worth dipped by a decrease of 0.13%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Memco Engineering?
In 2023, Memco 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.
Related Corporates (Common Directorship)
Precision Camshafts LimitedYatin Shah, Suhasini Shah and 2 more are mutual person
- Cams Technology Limited
Yatin Shah, Suhasini Shah and 1 more are mutual person
Balaji Speciality Chemicals LimitedSuhasini Shah is a mutual person
Balaji Amines LimitedSuhasini Shah is a mutual person
Chitale Clinic Private LimitedSuhasini Shah is a mutual person
- Mayura Davda Shah Ventures Private Limited
Karan Shah is a mutual person
Charges (Loans)
₹20.00 Cr
₹20.07 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Oct 2018 | Citi Bank N.A. | ₹12.00 Cr | Open |
| 02 Oct 2018 | Citi Bank N.A. | ₹8.00 Cr | Open |
| 20 Feb 2018 | Tjsb Sahakari Bank Limited | ₹4.80 M | Satisfied |
| 30 Jan 2018 | Tjsb Sahakari Bank Limited | ₹4.40 M | Satisfied |
| 09 Jan 2018 | Tjsb Sahakari Bank Limited | ₹2.85 Cr | Satisfied |
How Many Employees Work at Memco Engineering?
Unlock and access historical data on people associated with Memco Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Memco 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 Memco Engineering'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
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