Metcut Toolings Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
as on 08-01-2025
- Paid Up Capital ₹ 2.96 Cr
as on 08-01-2025
- Company Age 35 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.10 Cr
as on 08-01-2025
- Satisfied Charges ₹ 4.70 M
as on 08-01-2025
- Revenue 28.38%
(FY 2022)
- Profit 18.63%
(FY 2022)
- Ebitda 127.63%
(FY 2022)
- Net Worth -31.90%
(FY 2022)
- Total Assets -6.61%
(FY 2022)
About Metcut Toolings
The Company is engaged in the Machinery And Equipment 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 4.00 Cr and a paid-up capital of Rs 2.96 Cr.
The company currently has active open charges totaling ₹6.10 Cr. The company has closed loans amounting to ₹4.70 M, as per Ministry of Corporate Affairs (MCA) records.
Sudhir Shetty, Sarita Mada, Sunil Shetty, and One other member serve as directors at the Company.
- CIN/LLPIN
U85110KA1989PTC010303
- Company No.
010303
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Aug 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Metcut Toolings Private Limited. offer?
Metcut Toolings Private Limited. offers a wide range of products and services, including Cutting Tools & Milling Cutter, Cutting Tools, Reamers, Brazed Tools, Carbide Milling Cutters, Drilling Bits, Collets and Chucks, Carbide Drills, HSS Milling Cutters, Form Milling Cutters.
Who are the key members and board of directors at Metcut Toolings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kushala Shetty  | Managing Director | 10-Aug-1989 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sudhir Shetty | Whole-Time Director | 01-Apr-2005 | Current |
| Sarita Mada | Director | 01-Apr-2005 | Current |
| Sunil Shetty | Whole-Time Director | 01-Apr-2005 | Current |
Financial Performance of Metcut Toolings.
Metcut Toolings Private Limited., for the financial year ended 2022, experienced significant growth in revenue, with a 28.38% increase. The company also saw a substantial improvement in profitability, with a 18.63% increase in profit. The company's net worth observed a substantial decline by a decrease of 31.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Metcut Toolings?
In 2022, Metcut Toolings had a promoter holding of 75.68% and a public holding of 24.32%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
₹6.10 Cr
₹0.47 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 5.10 Cr
- Others : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jul 2018 | Others | ₹1.00 Cr | Open |
| 09 Sep 1996 | State Bank Of India | ₹5.10 Cr | Open |
| 10 Jul 2010 | The Shamrao Vithal Co-Operative Bank Limited | ₹1.00 M | Satisfied |
| 04 Aug 2009 | Karnataka State Financial Corporation Limited | ₹2.00 M | Satisfied |
| 30 Jan 1991 | Ksfc | ₹1.34 M | Satisfied |
How Many Employees Work at Metcut Toolings?
Unlock and access historical data on people associated with Metcut Toolings, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Metcut Toolings, 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 Metcut Toolings's trajectory.
Rating
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Alerts
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