Mep Cotton Limited

A cotton ginning and pressing company with fully integrated plant and large production capacity.

2000 | Mumbai, Maharashtra (India) | Active
Last Updated: December 28, 2024

Mep Cotton Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.63 Cr
  • Company Age 25 Year, 10 Days
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 221.41 Cr
  • Satisfied Charges ₹ 188.60 Cr
  • Revenue Growth -37.83%
  • Profit Growth 97.41%
  • Ebitda 92.67%
  • Net Worth -0.73%
  • Total Assets -0.18%

About Mep Cotton

Mep Cotton Limited (MCL) is a Public Limited Indian Non-Government Company incorporated in India on 21 January 2000 and has a history of 25 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mep Cotton Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2015. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 17.63 Cr.

The company currently has active open charges totaling ₹221.41 Cr. The company has closed loans amounting to ₹188.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anuj Mittal, Ashish Mittal, and Rashi Mittal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U01403MH2000PLC123779

  • Company No.

    123779

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jan 2000

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Mep Cotton Limited offer?

Mep Cotton Limited offers a wide range of products and services, including Food Processing Plants & Machinery, Seed Processing Machinery, Oil Mill & Oil Extraction Machinery, Oil Mill Machinery, Extraction Plants and Extruders, Extraction Machinery, Oil Production Plant.

Who are the key members and board of directors at Mep Cotton?

Board Members (3)

Name Designation Appointment Date Status
Anuj Mittal Country flag representing In Whole-Time Director 27-Jul-2007 Current
Ashish Mittal Country flag representing In Whole-Time Director 27-Jul-2007 Current
Rashi Mittal Country flag representing In Director 17-Feb-2017 Current

Financial Performance of Mep Cotton.

Mep Cotton Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 37.83% decrease. The company also saw a substantial improvement in profitability, with a 97.41% increase in profit. The company's net worth dipped by a decrease of 0.73%.

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
-37.83%
Revenue from Operations
Total Assets
-0.18%
Profit or Loss
97.41%
Net Worth
-0.73%
EBITDA
92.67%

What is the Ownership and Shareholding Structure of Mep Cotton?

In 2016, Mep Cotton had a promoter holding of 0.03% and a public holding of 99.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹221.41 Cr

Satisfied Charges

₹188.60 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 112.50 Cr
  • Others : 84.91 Cr
  • Union Bank Of India Limited : 24.00 Cr

Latest Charge Details

Date Lender Amount Status
29 May 2009 Others ₹20.00 Cr Open
23 Apr 2009 State Bank Of India ₹69.00 Cr Open
11 Feb 2009 Others ₹15.00 Cr Open
22 Dec 2008 State Bank Of India ₹18.50 Cr Open
26 Dec 2007 Union Bank Of India Limited ₹24.00 Cr Open

How Many Employees Work at Mep Cotton?

Mep Cotton has a workforce of 0 employees as of Mar 30, 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 Mep Cotton, 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 Mep Cotton'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 Mep Cotton

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 29.91 Cr registered on 03 Sep 2007 with Charge ID 10068030 was modified on 19 Sep 2022.

    19 Sep 2022

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 29 May 2009 with Charge ID 10202213 was modified on 30 Mar 2021.

    30 Mar 2021

  • Charges

    A charge with State Bank Of India of Rs. 69.00 Cr registered on 23 Apr 2009 with Charge ID 10159893 was modified on 30 Mar 2021.

    30 Mar 2021

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 11 Feb 2009 with Charge ID 10144904 was modified on 30 Mar 2021.

    30 Mar 2021

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 02 Apr 2007 with Charge ID 10052766 was modified on 30 Mar 2021.

    30 Mar 2021

  • Director Appointment

    Rashi Anuj Mittal was appointed as a Director was appointed as a Director on 17 Feb 2017 & has been associated with this company since 7 years 11 months .

    17 Feb 2017

Frequently asked questions

  • Mep Cotton Limited was incorporated on 21 Jan 2000.

  • The authorized share capital of Mep Cotton Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.63 Cr.

  • Currently 3 directors are associated with Mep Cotton Limited.

    • Anuj Krishna Kumar Mittal
    • Ashish Krishnakumar Mittal
    • Rashi Anuj Mittal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mep Cotton Limited is Gala No. 1 To 7 Cotton Exchange Building Annexe Green (East), India, Mumbai, Maharashtra, 400033.

  • The corporate identification number (CIN) of Mep Cotton Limited is U01403MH2000PLC123779 and the company number is 123779 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mep Cotton Limited is https://www.mepcotton.com

  • According to the financial reports for the fiscal year 2016, the revenue trend for Mep Cotton Limited has fallen by -37.83%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Mep Cotton Limited has experienced an downturn of -0.73%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Mep Cotton Limited amount to ₹ 221.41 Cr.

  • The most recent Balance Sheet for Mep Cotton Limited was filed with the ROC on 31 Mar 2015.

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