Memco Engineering Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 7.20 Cr
- Company Age 18 Year, 9 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 nine 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
Machinery and Equipment
Memco Engineering Pvt Ltd
Explore comprehensive data for Memco Engineering Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹20.00 Cr
Satisfied Charges
₹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
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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 Memco Engineering
Recent activity within the organization
- Annual General Meeting
Memco Engineering Pvt Ltd last Annual general meeting of members was held on 25 Jul 2024 as per latest MCA records.
- Balance Sheet
Memco Engineering Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Citi Bank N.A. of Rs. 12.00 Cr registered on 02 Oct 2018 with Charge ID 100218744 was modified on 01 Oct 2019.
- Charges
A charge with Citi Bank N.A. of Rs. 8.00 Cr registered on 02 Oct 2018 with Charge ID 100218775 was modified on 01 Oct 2019.
- Director Appointment
Karan Yatin Shah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Feb 2019 & has been associated with this company since 6 years 2 months .
- Charges
A charge registered on 20 Feb 2018 via Charge ID 100161270 with Tjsb Sahakari Bank Limited was fully satisfied on 16 Nov 2018.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Memco Engineering Pvt Ltd?
Memco Engineering Pvt Ltd was incorporated on 15 Jun 2006.
What is authorized share capital and paid-up capital of Memco Engineering Pvt Ltd?
The authorized share capital of Memco Engineering Pvt Ltd is ₹ 8.00 Cr and paid-up capital is ₹ 7.20 Cr.
Who are the current board members & directors of Memco Engineering Pvt Ltd?
Currently 4 directors are associated with Memco Engineering Pvt Ltd.
- Yatin Subhash Shah
- Suhasini Yatin Shah
- Ravindra Rangnath Joshi
- Karan Yatin Shah
What is the registered address of Memco Engineering Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Memco Engineering Pvt Ltd is F-5 Satpur Micdc, India, Nasik, Maharashtra, 422005.
What is the corporate identification number (CIN) and company number of Memco Engineering Pvt Ltd?
The corporate identification number (CIN) of Memco Engineering Pvt Ltd is U29199MH2006PTC162658 and the company number is 162658 as per Ministry of Corporate Affairs (MCA).
What is the official website of Memco Engineering Pvt Ltd?
The Official website of Memco Engineering Pvt Ltd is https://www.memcoindia.com
What has been the recent revenue trend for Memco Engineering Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Memco Engineering Pvt Ltd has risen by 4.65%.
What change has been observed in the net worth of Memco Engineering Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Memco Engineering Pvt Ltd has experienced an downturn of -0.13%.
What are the total open charges for Memco Engineering Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Memco Engineering Pvt Ltd amount to ₹ 20.00 Cr.
When was the last Balance Sheet of Memco Engineering Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Memco Engineering Pvt Ltd was filed with the ROC on 31 Mar 2024.
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