Memg International India Profile
Key Indicators
- Authorised Capital ₹ 265.00 Cr
- Paid Up Capital ₹ 255.19 Cr
- Company Age 21 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,995.04 Cr
- Satisfied Charges ₹ 8.00 Cr
- Revenue Growth 37.98%
- Profit Growth -13.21%
- Ebitda -303.74%
- Net Worth 7.28%
- Total Assets 2.56%
About Memg International India
Memg International India Private Limited (MIIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 May 2003 and has a history of 21 years and nine months. Its registered office is in Bangalore, Karnataka, India.
The Company is engaged in the Travel And Hospitality Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 265.00 Cr and a paid-up capital of Rs 255.19 Cr.
The company currently has active open charges totaling ₹1,995.04 Cr. The company has closed loans amounting to ₹8.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Memg International India Private Limited India is Arogya Joseph as COMPANY SECRETARY. Mohandas Pai, Rajesh Moorti, and Ranjan Pai serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U74140KA2003PTC031984
- Company No.
031984
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 May 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Travel and Hospitality
Who are the key members and board of directors at Memg International India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ranjan Pai  | Managing Director | 23-May-2003 | Current |
| Arogya Joseph | Company Secretary | 01-Oct-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mohandas Pai | Director | 06-Aug-2012 | Current |
| Rajesh Moorti | Director | 05-Aug-2017 | Current |
Financial Performance of Memg International India.
Memg International India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.98% increase. The company also saw a substantial fall in profitability, with a 13.21% decrease in profit. The company's net worth moved up by a moderate rise of 7.28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Memg International India?
In 2023, Memg International India 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)
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Immuneel Therapeutics Private LimitedRanjan Pai is a mutual person
Iitm Incubation CellMohandas Pai is a mutual person
Manipal Health Enterprises Private LimitedRanjan Pai is a mutual person
Dr. Agarwal's Health Care LimitedRanjan Pai is a mutual person
Jsw One Platforms LimitedRanjan Pai is a mutual person
Charges (Loans)
Open Charges
₹1,995.04 Cr
Satisfied Charges
₹8.00 Cr
Charges Breakdown by Lending Institutions
- Others : 1995.00 Cr
- State Bank Of India : 0.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 2022 | Others | ₹1,750.00 Cr | Open |
| 07 Nov 2022 | Others | ₹20.00 Cr | Open |
| 28 Sep 2021 | Others | ₹214.00 Cr | Open |
| 28 Sep 2021 | Others | ₹11.00 Cr | Open |
| 01 Aug 2006 | State Bank Of India | ₹0.40 M | Open |
How Many Employees Work at Memg International India?
Memg International India has a workforce of 24 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Memg International India, 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 International India'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.
Latest Updates, News, and FAQs on Memg International India
Recent activity within the organization
- Charges
A charge with Others of Rs. 1,750.00 Cr registered on 14 Nov 2022 with Charge ID 100659413 was modified on 30 Oct 2023.
- Annual General Meeting
Memg International India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 214.00 Cr registered on 28 Sep 2021 with Charge ID 100493816 was modified on 25 Jul 2023.
- Balance Sheet
Memg International India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 1,750.00 Cr with Charge ID 100659413 was registered on 14 Nov 2022.
- Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100643753 was registered on 07 Nov 2022.
Recent News, Updates & Announcement
Boutique hotel Brij Hotels raised $4 M Series A funding from MEMG.A $4 million Series A round led by the Manipal Education & Medical Group (MEMG) Family Office has been secured by boutique hotel Brij Hotels. Abhay Jain, Prashant Deshpande, Rajendra Rao, Abhiroop.
- Manipal’s dream of a pan-India footprint comes to a halt as Medanta talks fail | Mint.
The Manipal Group was looking to acquire Medanta, which runs hospitals in Gurugram, Patna and Indore.Manipal owns 10 multi-speciality hospitals, five teaching hospitals and several fertility clinics.
Frequently asked questions
What is the Incorporation or founding date of Memg International India Private Limited?
Memg International India Private Limited was incorporated on 23 May 2003.
What is authorized share capital and paid-up capital of Memg International India Private Limited?
The authorized share capital of Memg International India Private Limited is ₹ 265.00 Cr and paid-up capital is ₹ 255.19 Cr.
Who are the current board members & directors of Memg International India Private Limited?
Currently 4 directors are associated with Memg International India Private Limited.
- Mohandas Tellicheery Venkataraman Pai
- Rajesh Krishnaswamy Moorti
- Ranjan Ramdas Pai
- Arogya Mary Joseph
What is the registered address of Memg International India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Memg International India Private Limited is #24/1 15Th Floor J W MarroittVittalmallya Road Ashok Nagar, Bangalore, Karnataka, India, 560001.
What is the corporate identification number (CIN) and company number of Memg International India Private Limited?
The corporate identification number (CIN) of Memg International India Private Limited is U74140KA2003PTC031984 and the company number is 031984 as per Ministry of Corporate Affairs (MCA).
What is the official website of Memg International India Private Limited?
The Official website of Memg International India Private Limited is https://www.manipalgroup.com
What has been the recent revenue trend for Memg International India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Memg International India Private Limited has risen by 37.98%.
How many employees does Memg International India Private Limited currently have?
As Per 2023 financial reports, 24 employees are currently employed by Memg International India Private Limited.
What change has been observed in the net worth of Memg International India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Memg International India Private Limited has experienced an upsurge of 7.28%.
What are the total open charges for Memg International India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Memg International India Private Limited amount to ₹ 1,995.04 Cr.
When was the last Balance Sheet of Memg International India Private Limited filed with the ROC?
The most recent Balance Sheet for Memg International India Private Limited was filed with the ROC on 31 Mar 2023.
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