Menon Piston Rings Private Limited

This company manufactures piston rings for various engines and exports a portion of its production.

1985 | Kolhapur, Maharashtra (India) | Active
Last Updated: November 16, 2024

Menon Piston Rings Profile

Key Indicators

  • Authorised Capital ₹ 11.25 Cr
  • Paid Up Capital ₹ 10.87 Cr
  • Company Age 39 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 18.70 Cr
  • Satisfied Charges ₹ 38.78 Cr
  • Revenue Growth -7.33%
  • Profit Growth -13.48%
  • Ebitda -21.26%
  • Net Worth 26.05%
  • Total Assets -13.60%

About Menon Piston Rings

Menon Piston Rings Private Limited (MPRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 October 1985 and has a history of 39 years and four months. Its registered office is in Kolhapur, Maharashtra, India.

The Corporate was formerly known as Menon Ancillaries ( Auto) Private Limited. The Company is engaged in the Automotive 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 11.25 Cr and a paid-up capital of Rs 10.87 Cr.

The company currently has active open charges totaling ₹18.70 Cr. The company has closed loans amounting to ₹38.78 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Menon Piston Rings Private Limited India is Nandkumar Patil as COMPANY SECRETARY. Sachin Menon, Ramesh Dixit, Sharanya Menon, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    menonpistons.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29113MH1985PTC037862

  • Company No.

    037862

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 1985

  • Date of AGM

    05 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive

What products or services does Menon Piston Rings Private Limited offer?

Menon Piston Rings Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Industrial Paints and Coatings.

Who are the key members and board of directors at Menon Piston Rings?

Executive Team (2)

NameDesignationAppointment DateStatus
Sachin Menon Country flag representing In Managing Director22-Mar-1994Current
Nandkumar Patil Country flag representing In Company Secretary23-Aug-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Ramesh Dixit Country flag representing In Director 23-Dec-1994Current
Sharanya Menon Country flag representing In Director 05-Oct-2024Current
Devika Menon Country flag representing In Director 05-Oct-2024Current

Financial Performance of Menon Piston Rings.

Menon Piston Rings Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.33% decrease. The company also saw a substantial fall in profitability, with a 13.48% decrease in profit. The company's net worth Soared by an impressive increase of 26.05%.

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
-7.33%
Revenue from Operations
-7.44%
Total Assets
-13.60%
Profit or Loss
-13.48%
Net Worth
26.05%
EBITDA
-21.26%

What is the Ownership and Shareholding Structure of Menon Piston Rings?

In 2023, Menon Piston Rings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.70 Cr

Satisfied Charges

₹38.78 Cr

Charges Breakdown by Lending Institutions

  • The Saraswat Co-Operative Bank Limited : 14.70 Cr
  • The Saraswat Co Operative Bank Limited : 2.50 Cr
  • The Saraswat Co-Operative Bank Ltd : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2005The Saraswat Co-Operative Bank Ltd₹1.50 CrOpen
03 Sep 2004The Saraswat Co-Operative Bank Limited₹2.00 MOpen
03 Sep 2004The Saraswat Co Operative Bank Limited₹2.50 CrOpen
05 Apr 2003The Saraswat Co-Operative Bank Limited₹14.50 CrOpen
28 Feb 2015The Saraswat Co-Operative Bank Limited₹8.00 CrSatisfied

How Many Employees Work at Menon Piston Rings?

Menon Piston Rings has a workforce of 88 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Menon Piston Rings, 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 Menon Piston Rings'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 Menon Piston Rings

Recent activity within the organization

  • Director Appointment

    Sharanya Sachin Menon was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 4 months 21 days .

    05 Oct 2024

  • Director Appointment

    Devika Sachin Menon was appointed as a Director was appointed as a Director on 05 Oct 2024 & has been associated with this company since 4 months 21 days .

    05 Oct 2024

  • Annual General Meeting

    Menon Piston Rings Private Limited last Annual general meeting of members was held on 05 Sep 2024 as per latest MCA records.

    05 Sep 2024

  • Director Appointment

    Nandkumar Dadaso Patil was appointed as a Company Secretary was appointed as a Company Secretary on 23 Aug 2024 & has been associated with this company since 6 months 3 days .

    23 Aug 2024

  • Balance Sheet

    Menon Piston Rings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • Charges

    A charge registered on 28 Oct 2005 via Charge ID 80038292 with The Saraswat Co-Op Bank Limited was fully satisfied on 28 Jul 2022.

    28 Jul 2022

Frequently asked questions

  • Menon Piston Rings Private Limited was incorporated on 25 Oct 1985.

  • The authorized share capital of Menon Piston Rings Private Limited is ₹ 11.25 Cr and paid-up capital is ₹ 10.87 Cr.

  • Currently 5 directors are associated with Menon Piston Rings Private Limited.

    • Sachin Ram Menon
    • Ramesh Dattatraya Dixit
    • Sharanya Sachin Menon
    • Devika Sachin Menon
    • Nandkumar Dadaso Patil
  • As per Ministry of Corporate Affairs (Mca), the registered address of Menon Piston Rings Private Limited is 197-A Sambhapurkasarwadi Road Toap India, Kolhapur, Maharashtra, 416122.

  • The corporate identification number (CIN) of Menon Piston Rings Private Limited is U29113MH1985PTC037862 and the company number is 037862 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Menon Piston Rings Private Limited is https://www.menonpistons.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Menon Piston Rings Private Limited has fallen by -7.33%.

  • As Per 2023 financial reports, 88 employees are currently employed by Menon Piston Rings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Menon Piston Rings Private Limited has experienced an upsurge of 26.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Menon Piston Rings Private Limited amount to ₹ 18.70 Cr.

  • The most recent Balance Sheet for Menon Piston Rings Private Limited was filed with the ROC on 31 Mar 2024.

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