Mew Electricals Limited

Manufactures and supplies copper products such as wires, strips, and rods.

1982 | Vadodara, Gujarat (India) | Active
Last Updated: October 04, 2024

Mew Electricals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.57 Cr
  • Company Age 42 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 198.30 Cr
  • Satisfied Charges ₹ 101.30 Cr
  • Revenue Growth 2.48%
  • Profit Growth 130.85%
  • Ebitda 21.77%
  • Net Worth 7.33%
  • Total Assets 22.14%

About Mew Electricals

Mew Electricals Limited (MEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 October 1982 and has a history of 42 years and three months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Mahesh Enamelled Wires 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.57 Cr.

The company currently has active open charges totaling ₹198.30 Cr. The company has closed loans amounting to ₹101.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahhesh Kabra, Sumeet Kabra, Balachandran Dharman, and Three other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31300GJ1982PLC005583

  • Company No.

    005583

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 1982

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Mew Electricals?

Executive Team (2)

Name Designation Appointment Date Status
Mahhesh Kabra Country flag representing In Managing Director 07-Feb-2023 Current
Sumeet Kabra Country flag representing In Managing Director 04-Mar-2023 Current

Board Members (4)

Name Designation Appointment Date Status
Balachandran Dharman Country flag representing In Director 23-Jan-2015 Current
Vvidhi Kabra Country flag representing In Whole-Time Director 14-Jul-2014 Current
Vijaykumar Chandak Country flag representing In Director 06-Jul-2024 Current
Tejal Parikh Country flag representing In Director Current

Financial Performance of Mew Electricals.

Mew Electricals Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 2.48% increase. The company also saw a substantial improvement in profitability, with a 130.85% increase in profit. The company's net worth moved up by a moderate rise of 7.33%.

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
2.48%
Revenue from Operations
2.42%
Total Assets
22.14%
Profit or Loss
130.85%
Net Worth
7.33%
EBITDA
21.77%

What is the Ownership and Shareholding Structure of Mew Electricals?

In 2023, Mew Electricals had a promoter holding of 99.97% and a public holding of 0.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹198.30 Cr

Satisfied Charges

₹101.30 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 147.40 Cr
  • Others : 50.90 Cr

Latest Charge Details

Date Lender Amount Status
16 Jul 2021 Hdfc Bank Limited ₹82.40 Cr Open
08 Dec 2020 Hdfc Bank Limited ₹65.00 Cr Open
09 Nov 2020 Others ₹21.00 Cr Open
04 Apr 2016 Others ₹10.00 Cr Open
19 Aug 2015 Others ₹19.90 Cr Open

How Many Employees Work at Mew Electricals?

Mew Electricals has a workforce of 276 employees as of Oct 02, 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 Mew Electricals, 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 Mew Electricals'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 Mew Electricals

Recent activity within the organization

  • Annual General Meeting

    Mew Electricals Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

    13 Aug 2024

  • Director Appointment

    Vijaykumar Laxmichandji Chandak was appointed as a Director was appointed as a Director on 06 Jul 2024 & has been associated with this company since 7 months 3 days .

    06 Jul 2024

  • Balance Sheet

    Mew Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 65.00 Cr registered on 08 Dec 2020 with Charge ID 100400334 was modified on 30 Jan 2024.

    30 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 82.40 Cr registered on 16 Jul 2021 with Charge ID 100467928 was modified on 05 Sep 2023.

    05 Sep 2023

  • Director Appointment

    Sumeet Mahendrakumar Kabra was appointed as a Managing Director was appointed as a Managing Director on 04 Mar 2023 & has been associated with this company since 1 year 11 months .

    04 Mar 2023

Frequently asked questions

  • Mew Electricals Limited was incorporated on 15 Oct 1982.

  • The authorized share capital of Mew Electricals Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.57 Cr.

  • Currently 6 directors are associated with Mew Electricals Limited.

    • Mahhesh Kabra
    • Sumeet Mahendrakumar Kabra
    • Balachandran Dharman
    • Vvidhi Mahhesh Kabra
    • Vijaykumar Laxmichandji Chandak
    • Tejal Ashish Parikh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mew Electricals Limited is 26/329/330/C1B/24-25A Gidc Estate Waghodia Vadodara, Gujarat, India, 391760.

  • The corporate identification number (CIN) of Mew Electricals Limited is U31300GJ1982PLC005583 and the company number is 005583 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mew Electricals Limited is https://www.rrglobal.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Mew Electricals Limited has risen by 2.48%.

  • As Per 2024 financial reports, 276 employees are currently employed by Mew Electricals Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Mew Electricals Limited has experienced an upsurge of 7.33%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Mew Electricals Limited amount to ₹ 198.30 Cr.

  • The most recent Balance Sheet for Mew Electricals Limited was filed with the ROC on 31 Mar 2024.

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