Metcan Packs Profile
Key Indicators
- Authorised Capital ₹ 25.60 Cr
- Paid Up Capital ₹ 25.06 Cr
- Company Age 25 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.10 Cr
- Satisfied Charges ₹ 53.00 Cr
- Revenue Growth -22.04%
- Profit Growth 11.59%
- Ebitda -20.25%
- Net Worth 30.67%
- Total Assets -3.00%
About Metcan Packs
Metcan Packs Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 2000 and has a history of 25 years and one month. Its registered office is in Mysore, Karnataka, India.
The Corporate was formerly known as Metcan Packs Limited. The Company is engaged in the Packaging 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 25.60 Cr and a paid-up capital of Rs 25.06 Cr.
The company currently has active open charges totaling ₹12.10 Cr. The company has closed loans amounting to ₹53.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Metcan Packs Private Limited India is Jayasheela Bhat as COMPANY SECRETARY. Badrinath Sridhar, Sridhar Nanjappa, Lakshmi Sridhar, and Three other members serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U40102KA2000PTC026255
- Company No.
026255
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jan 2000
- Date of AGM
02 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Metcan Packs Private Limited offer?
Metcan Packs Private Limited offers a wide range of products and services, including Aluminium,Tin Can & Metal Containers, Tin Containers, Packaging Caps & Seals, Cap Closures, Juices, Soups & Soft Drinks, Beverages Mixes.
Who are the key members and board of directors at Metcan Packs?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Badrinath Sridhar  | Managing Director | 05-Sep-2024 | Current |
| Jayasheela Bhat | Company Secretary | 01-May-2015 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sridhar Nanjappa | Whole-Time Director | 25-Sep-2006 | Current |
| Lakshmi Sridhar | Whole-Time Director | 23-Jun-2016 | Current |
| Jatin Christopher | Director | 31-Jan-2015 | Current |
| Mavathur Suma | Director | 16-Aug-2016 | Current |
| Seetharam Shastry | Whole-Time Director | 14-Aug-2019 | Current |
Financial Performance of Metcan Packs.
Metcan Packs Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 22.04% decrease. The company also saw a substantial improvement in profitability, with a 11.59% increase in profit. The company's net worth Soared by an impressive increase of 30.67%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Metcan Packs?
In 2023, Metcan Packs had a promoter holding of 88.12% and a public holding of 11.88%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vaspal Packaging LlpBadrinath Sridhar is a mutual person
Jcss Consulting India Private LimitedJatin Christopher is a mutual person
Jcss Consulting Private LimitedJatin Christopher is a mutual person
Jcss & Associates LlpJatin Christopher is a mutual person
- Jcss Crestlaw Private Limited
Jatin Christopher is a mutual person
- Korner Konnect Ventures Llp
Mavathur Suma is a mutual person
Charges (Loans)
₹12.10 Cr
₹53.00 Cr
Charges Breakdown by Lending Institutions
- Others : 10.00 Cr
- Tata Capital Financial Services Limited : 2.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2024 | Others | ₹10.00 Cr | Open |
| 29 Oct 2021 | Tata Capital Financial Services Limited | ₹2.10 Cr | Open |
| 03 May 2019 | Others | ₹1.00 Cr | Satisfied |
| 05 Apr 2019 | Others | ₹10.58 Cr | Satisfied |
| 16 Feb 2015 | Indian Overseas Bank | ₹7.05 Cr | Satisfied |
How Many Employees Work at Metcan Packs?
Metcan Packs has a workforce of 30 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 Metcan Packs, 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 Metcan Packs'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.
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