Memg Family Office Llp

Founded in 2016 and headquartered in Karnataka, India.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: February 19, 2025

Memg Family Office Llp Profile

Key Indicators

  • Obligation of Contribution ₹ 966.16 Cr
  • Company Age 8 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 547.00 Cr
  • Satisfied Charges ₹ 1,132.00 Cr
  • Revenue Growth 253.70%
  • Profit Growth 16.58%
  • Ebitda -24.31%
  • Total Assets 87.83%

About Memg Family Office Llp

Memg Family Office Llp (MFOL) is 8 Year, 11 Months old Limited Liability Partnership 23 February 2016. Its registered office is in Bangaluru, Karnataka, India.

The LLP status is Active, and it has filed its Accounts and Solvency Statement up to 31 Mar 2023 (FY 2022-2023). It's Total Obligation of Contribution is Rs 966.16 Cr as per MCA.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    manipalgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN/FCRN

    AAF-7620

  • Incorporation Date

    23 Feb 2016

  • Date of Accounts and Solvency Statement

    31 Mar 2023

  • ROC Code

    Roc-Bangalore

  • Company Classification

    Limited Liability Partnership

Industry

Business Outsourcing

Who are the key members and board of directors at Memg Family Office Llp?

Designated Partners (2)

NameDesignationAppointment DateStatus
Ranjan Pai Country flag representing In Designated Partner 02-Mar-2017Current
Shruti Pai Country flag representing Sg Designated Partner 02-Mar-2017Current

Financial Performance of Memg Family Office Llp.

Memg Family Office Llp, for the financial year ended 2024, experienced significant growth in revenue, with a 253.7% increase. The company also saw a substantial improvement in profitability, with a 16.58% increase in profit. The company's net worth witnessed no change by increase of 0%.

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
253.70%
Revenue from Operations
1000.00%
Total Assets
87.83%
Profit or Loss
16.58%
Net Worth
EBITDA
-24.31%

What is the Ownership and Shareholding Structure of Memg Family Office Llp?

Unlock access to Memg Family Office Llp's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹547.00 Cr

Satisfied Charges

₹1,132.00 Cr

Charges Breakdown by Lending Institutions

  • Vistra Itcl India Limited : 327.00 Cr
  • Indusind Bank Ltd : 125.00 Cr
  • Tata Capital Financial Services Limited : 75.00 Cr
  • Hero Fincorp Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
14 Nov 2022Vistra Itcl India Limited₹327.00 CrOpen
04 Jun 2022Hero Fincorp Limited₹20.00 CrOpen
28 Sep 2021Indusind Bank Ltd₹125.00 CrOpen
21 Jun 2019Tata Capital Financial Services Limited₹75.00 CrOpen
09 Dec 2022Vistra Itcl India Limited₹945.00 CrSatisfied

How Many Employees Work at Memg Family Office Llp?

Unlock and access historical data on people associated with Memg Family Office Llp, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Memg Family Office Llp, 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 Memg Family Office Llp'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 Memg Family Office Llp

Recent activity within the organization

  • Charges

    A charge registered on 09 Dec 2022 via Charge ID 100667427 with Vistra Itcl India Limited was fully satisfied on 07 Sep 2023.

    07 Sep 2023

  • Charges

    A charge with Indusind Bank Ltd of Rs. 125.00 Cr registered on 28 Sep 2021 with Charge ID 100493822 was modified on 25 Aug 2023.

    25 Aug 2023

  • Charges

    A charge registered on 29 Jun 2020 via Charge ID 100379493 with Beacon Trusteeship Limited was fully satisfied on 10 Aug 2023.

    10 Aug 2023

  • Charges

    A charge with Vistra Itcl India Limited of Rs. 327.00 Cr registered on 14 Nov 2022 with Charge ID 100659999 was modified on 21 Jun 2023.

    21 Jun 2023

  • Statement of Assets & Liabilities

    Memg Family Office Llp has filed its annual Financial statements for the year ended 31 Mar 2023 with RoC-Bangalore.

    31 Mar 2023

  • Charges

    A charge with Vistra Itcl India Limited amounted to Rs. 945.00 Cr with Charge ID 100667427 was registered on 09 Dec 2022.

    09 Dec 2022

Frequently asked questions

  • Memg Family Office Llp was incorporated on 23 Feb 2016.

  • The Obligation of Contribution of Memg Family Office Llp is ₹ 966.16 Cr.

  • Currently 2 partners are associated with Memg Family Office Llp.

    • Ranjan Ramdas Pai
    • Shruti Ranjan Pai
    Ranjan Ramdas PaiShruti Ranjan Pai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Memg Family Office Llp is 24/1 15Th Floor J W Marroitt Vittal Mallya Road, Ashok Nagar Na Bangalore, Bangaluru, Karnataka, India, 560001.

  • The Limited Liability Partnership Identification Number (LLPIN) of Memg Family Office Llp is AAF-7620.

  • The Official website of Memg Family Office Llp is https://www.manipalgroup.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Memg Family Office Llp has risen by 253.70%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Memg Family Office Llp amount to ₹ 547.00 Cr.

  • The most recent Balance Sheet for Memg Family Office Llp was filed with the ROC on 31 Mar 2023.

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