Methode Electronics India Private Limited

Designs and develops electro-mechanical devices for automotive and non-automotive switch gears and parts.

2008 | Bangalore, Karnataka (India) | Active
Last Updated: June 26, 2024

Methode Electronics India Profile

Key Indicators

  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 6.02 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.32 M
  • Revenue Growth -6.56%
  • Profit Growth -7.62%
  • Ebitda -17.18%
  • Net Worth 5.14%
  • Total Assets 6.45%

About Methode Electronics India

Methode Electronics India Private Limited (MEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 March 2008 and has a history of 16 years and 11 months. Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 8.00 M and a paid-up capital of Rs 6.02 M.

The company currently has active open charges totaling ₹0.32 M.

Vijay Jahagirdar, Ronald Tsoumas, and Anil Shetty serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    methode.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29268KA2008PTC045665

  • Company No.

    045665

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Mar 2008

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Methode Electronics India?

Board Members (3)

NameDesignationAppointment DateStatus
Ronald Tsoumas Country flag representing Us Director 25-Jul-2018Current
Vijay Jahagirdar Country flag representing In Director 07-Aug-2023Current
Anil Shetty Country flag representing Us Director 05-May-2008Current

Financial Performance of Methode Electronics India.

Methode Electronics India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.56% decrease. The company also saw a slight decrease in profitability, with a 7.62% decrease in profit. The company's net worth moved up by a moderate rise of 5.14%.

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
-6.56%
Revenue from Operations
-9.37%
Total Assets
6.45%
Profit or Loss
-7.62%
Net Worth
5.14%
EBITDA
-17.18%

What is the Ownership and Shareholding Structure of Methode Electronics India?

In 2023, Methode Electronics India 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

₹0.32 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Standard Chartered Bank : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2015Standard Chartered Bank₹0.32 MOpen

How Many Employees Work at Methode Electronics India?

Methode Electronics India has a workforce of 93 employees as of Apr 06, 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 Methode Electronics India, 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 Methode Electronics India'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 Methode Electronics India

Recent activity within the organization

  • Annual General Meeting

    Methode Electronics India Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Director Appointment

    Vijay Kumar Jahagirdar was appointed as a Director was appointed as a Director on 07 Aug 2023 & has been associated with this company since 1 year 6 months .

    07 Aug 2023

  • Balance Sheet

    Methode Electronics India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Ronald Leo George Tsoumas was appointed as a Director was appointed as a Director on 25 Jul 2018 & has been associated with this company since 6 years 6 months .

    25 Jul 2018

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 0.32 M with Charge ID 10621758 was registered on 15 Oct 2015.

    15 Oct 2015

  • Director Appointment

    Anil Vaman Shetty was appointed as a Director was appointed as a Director on 05 May 2008 & has been associated with this company since 16 years 9 months .

    05 May 2008

Frequently asked questions

  • Methode Electronics India Private Limited was incorporated on 18 Mar 2008.

  • The authorized share capital of Methode Electronics India Private Limited is ₹ 8.00 M and paid-up capital is ₹ 6.02 M.

  • Currently 3 directors are associated with Methode Electronics India Private Limited.

    • Vijay Kumar Jahagirdar
    • Ronald Leo George Tsoumas
    • Anil Vaman Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Methode Electronics India Private Limited is No.17 West Phase Survey No.18 19 And 20(Part), Konappana Agrahara Village Begur Hobli, Electronics City, Karnataka, India, 560100.

  • The corporate identification number (CIN) of Methode Electronics India Private Limited is U29268KA2008PTC045665 and the company number is 045665 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Methode Electronics India Private Limited is https://www.methode.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Methode Electronics India Private Limited has fallen by -6.56%.

  • As Per 2023 financial reports, 93 employees are currently employed by Methode Electronics India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Methode Electronics India Private Limited has experienced an upsurge of 5.14%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Methode Electronics India Private Limited amount to ₹ 0.32 M.

  • The most recent Balance Sheet for Methode Electronics India Private Limited was filed with the ROC on 31 Mar 2023.

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