Memco Engineering Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 7.20 Cr
as on 16-11-2024
- Company Age 18 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 20.07 Cr
as on 16-11-2024
- Revenue 4.65%
(FY 2023)
- Profit -105.15%
(FY 2023)
- Ebitda -77.52%
(FY 2023)
- Net Worth -0.13%
(FY 2023)
- Total Assets -5.29%
(FY 2023)
About Memco Engineering
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.
- 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
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
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 and Corporate Structure Insights 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 LimitedActive 32 years 6 monthsYatin Shah, Suhasini Shah and 2 more are mutual person
- Cams Technology LimitedActive 11 years 6 months
Yatin Shah, Suhasini Shah and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Citi Bank N.A. Creation Date: 02 Oct 2018 | ₹12.00 Cr | Open |
Citi Bank N.A. Creation Date: 02 Oct 2018 | ₹8.00 Cr | Open |
Tjsb Sahakari Bank Limited Creation Date: 20 Feb 2018 | ₹4.80 M | 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
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.
