Metro General Credits Limited

Founded in 1982 and headquartered in Tamil Nadu, India.

1982 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 18, 2024

Metro General Credits Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 43 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.10 M
  • Revenue Growth %
  • Profit Growth -79144.40%
  • Ebitda -79204.17%
  • Net Worth -100251.55%
  • Total Assets 96688.13%

About Metro General Credits

Metro General Credits Limited (MGCL) is a Public Limited Indian Non-Government Company incorporated in India on 01 January 1982 and has a history of 43 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Financial Services 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 3.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹6.10 M.

Leela Thomas, Cyrilthomas Janaga, Anbarasan, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65991TN1982PLC009152

  • Company No.

    009152

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jan 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at Metro General Credits?

Board Members (4)

NameDesignationAppointment DateStatus
Leela Thomas Country flag representing In Director 10-Jun-2020Current
Cyrilthomas Janaga Country flag representing In Director 26-Dec-2001Current
Anbarasan Country flag representing In Director 24-Mar-2018Current
Rajaraman Country flag representing In Director 01-Dec-2021Current

Financial Performance of Metro General Credits.

Metro General Credits Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 79144.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 100251.55%.

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
Revenue from Operations
Total Assets
96688.13%
Profit or Loss
-79144.40%
Net Worth
-100251.55%
EBITDA
-79204.17%

What is the Ownership and Shareholding Structure of Metro General Credits?

In 2022, Metro General Credits had a promoter holding of 20.94% and a public holding of 79.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.61 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.20 Cr
  • State Bank Of Mysore : 0.11 Cr
  • Catholic Syrian Bank Ltd. : 0.10 Cr
  • The Catholic Syrian Bank Ltd. : 0.10 Cr
  • The South Indian Bank Ltd. : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
18 Mar 1994State Bank Of Mysore₹0.60 MOpen
18 Nov 1991The South Indian Bank Ltd.₹1.00 MOpen
28 Jun 1986Catholic Syrian Bank Ltd.₹1.00 MOpen
27 Apr 1984The Catholic Syrian Bank Ltd.₹1.00 MOpen
27 Oct 1983Canara Bank₹1.00 MOpen

How Many Employees Work at Metro General Credits?

Unlock and access historical data on people associated with Metro General Credits, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Metro General Credits, 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 Metro General Credits'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 Metro General Credits

Recent activity within the organization

  • Annual General Meeting

    Metro General Credits Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Metro General Credits Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Rajaraman was appointed as a Director was appointed as a Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

  • Director Appointment

    Leela Thomas was appointed as a Director was appointed as a Director on 10 Jun 2020 & has been associated with this company since 4 years 8 months .

    10 Jun 2020

  • Director Appointment

    Anbarasan was appointed as a Director was appointed as a Director on 24 Mar 2018 & has been associated with this company since 6 years 11 months .

    24 Mar 2018

  • Director Appointment

    Cyrilthomas Anthonyswamy Janaga was appointed as a Director was appointed as a Director on 26 Dec 2001 & has been associated with this company since 23 years 2 months .

    26 Dec 2001

Frequently asked questions

  • Metro General Credits Limited was incorporated on 01 Jan 1982.

  • The authorized share capital of Metro General Credits Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 4 directors are associated with Metro General Credits Limited.

    • Leela Thomas
    • Cyrilthomas Anthonyswamy Janaga
    • Anbarasan
    • Rajaraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Metro General Credits Limited is 40/52 School Road Jaganathapuram, Chetpet India, Chennai, Tamil Nadu, 600031.

  • The corporate identification number (CIN) of Metro General Credits Limited is U65991TN1982PLC009152 and the company number is 009152 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Metro General Credits Limited has experienced an downturn of -100251.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Metro General Credits Limited amount to ₹ 6.10 M.

  • The most recent Balance Sheet for Metro General Credits Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Equipment Leasing & Financing