Memg Securities Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 3.56 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- 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 nine months. Its registered office is in Bangaluru, 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 2024. 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.
Muthukumar Rajamani, Vidyadheesh Huchachar, and Nisith Mohanty serve as directors at the Company.
Company Details
- Location
Bangaluru, 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
05 Nov 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
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 |
| Vidyadheesh Huchachar | Director | 03-Jul-2023 | Current |
| Nisith Mohanty | Director | 04-Jul-2022 | 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
- Ratios
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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 LimitedVidyadheesh Huchachar and Nisith Mohanty are mutual person
- Manipal Health Initiative Private Limited
Vidyadheesh Huchachar is a mutual person
- Manipal Health Systems Private Limited
Nisith Mohanty is a mutual person
- Eqifex Llp
Muthukumar Rajamani is a mutual person
- Medibimb Lifesciences Private Limited
Muthukumar Rajamani is a mutual person
- Claypond Capital Partners Private Limited
Vidyadheesh Huchachar is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Memg Securities
Recent activity within the organization
- Annual General Meeting
Memg Securities Limited last Annual general meeting of members was held on 05 Nov 2024 as per latest MCA records.
- Balance Sheet
Memg Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Vidyadheesh Pandurangi Huchachar was appointed as a Director was appointed as a Director on 03 Jul 2023 & has been associated with this company since 1 year 8 months .
- Director Appointment
Nisith Kumar Mohanty was appointed as a Director was appointed as a Director on 04 Jul 2022 & has been associated with this company since 2 years 8 months .
- Charges
A charge registered on 23 Jun 2012 via Charge ID 10366444 with Others was fully satisfied on 11 Jun 2020.
- Charges
A charge with Others of Rs. 7.55 Cr registered on 23 Jun 2012 with Charge ID 10366444 was modified on 14 Feb 2019.
Frequently asked questions
What is the Incorporation or founding date of Memg Securities Limited?
Memg Securities Limited was incorporated on 30 May 1995.
What is authorized share capital and paid-up capital of Memg Securities Limited?
The authorized share capital of Memg Securities Limited is ₹ 10.00 Cr and paid-up capital is ₹ 3.56 Cr.
Who are the current board members & directors of Memg Securities Limited?
Currently 3 directors are associated with Memg Securities Limited.
- Muthukumar Kottarakurichi Rajamani
- Vidyadheesh Pandurangi Huchachar
- Nisith Kumar Mohanty
What is the registered address of Memg Securities Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Memg Securities Limited is N-115 1St Floor Manipal Center, Dickenson Road India, Bangalore, Karnataka, 560042.
What is the corporate identification number (CIN) and company number of Memg Securities Limited?
The corporate identification number (CIN) of Memg Securities Limited is U65110KA1995PLC017907 and the company number is 017907 as per Ministry of Corporate Affairs (MCA).
What is the official website of Memg Securities Limited?
The Official website of Memg Securities Limited is https://www.memgsecurities.com
What has been the recent revenue trend for Memg Securities Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Memg Securities Limited has risen by 82.86%.
How many employees does Memg Securities Limited currently have?
As Per 2023 financial reports, 1 employees are currently employed by Memg Securities Limited.
What change has been observed in the net worth of Memg Securities Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Memg Securities Limited has experienced an upsurge of 1.55%.
When was the last Balance Sheet of Memg Securities Limited filed with the ROC?
The most recent Balance Sheet for Memg Securities Limited was filed with the ROC on 31 Mar 2024.
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