Memg Securities Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 3.56 Cr
- Company Age 29 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 15.80 Cr
- Revenue Growth 82.86%
- Profit Growth 148.77%
- Ebitda 16.12%
- Net Worth 1.55%
- Total Assets 3.38%
About Memg Securities
Memg Securities Limited (MSL) is a Public Limited Indian Non-Government Company incorporated in India on 30 May 1995 and has a history of 29 years and eight months. Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Icds Securities Limited. The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 3.56 Cr.
The company has closed loans amounting to ₹15.80 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Nisith Mohanty, Muthukumar Rajamani, and Vidyadheesh Huchachar 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
U65110KA1995PLC017907
- Company No.
017907
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 May 1995
- Date of AGM
26 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Memg Securities?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Muthukumar Rajamani  | Director | 29-Sep-2016 | Current |
| Nisith Mohanty | Director | 04-Jul-2022 | Current |
| Vidyadheesh Huchachar | Director | 03-Jul-2023 | Current |
Financial Performance of Memg Securities.
Memg Securities Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 82.86% increase. The company also saw a substantial improvement in profitability, with a 148.77% increase in profit. The company's net worth moved up by a moderate rise of 1.55%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Memg Securities?
In 2023, Memg Securities had a promoter holding of 71.69% and a public holding of 28.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Manipal Education And Medical Group India Private LimitedNisith Mohanty and Vidyadheesh Huchachar are mutual person
- Manipal Health Systems Private Limited
Nisith Mohanty is a mutual person
- Manipal Health Initiative Private Limited
Vidyadheesh Huchachar is a mutual person
Aic - Muj Incubation FoundationNisith Mohanty is a mutual person
- Eqifex Llp
Muthukumar Rajamani is a mutual person
- Medibimb Lifesciences Private Limited
Muthukumar Rajamani is a mutual person
Charges (Loans)
₹0
₹15.80 Cr
Charges Breakdown by Lending Institutions
- Others : 7.55 Cr
- The Federal Bank Limited : 4.25 Cr
- Syndicate Bank : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2012 | Others | ₹7.55 Cr | Satisfied |
| 07 May 2008 | The Federal Bank Limited | ₹4.25 Cr | Satisfied |
| 09 Nov 2005 | Syndicate Bank | ₹4.00 Cr | Satisfied |
How Many Employees Work at Memg Securities?
Memg Securities has a workforce of 1 employees as of Apr 07, 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 Securities, 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 Securities'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.
