Mgm-Varvel Power Transmission Private Limited

Manufactures engineering products including gearboxes and motors for distribution in India.

2010 | Sriperumbudur, Tamil Nadu (India) | Active
Last Updated: June 26, 2024

Mgm-Varvel Power Transmission Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.99 Cr
  • Company Age 14 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 7.92%
  • Profit Growth -58.83%
  • Ebitda -52.95%
  • Net Worth 9.85%
  • Total Assets 26.40%

About Mgm-Varvel Power Transmission

Mgm-Varvel Power Transmission Private Limited (MPTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 August 2010 and has a history of 14 years and five months. Its registered office is in Sriperumbudur, Tamil Nadu, India.

The Company is engaged in the Automotive 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 7.00 Cr and a paid-up capital of Rs 6.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mauro Cominoli, Edoardo Ghieri, and Rajagopalan Venkatraman serve as directors at the Company.

Company Details

  • Location

    Sriperumbudur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31103TN2010PTC077128

  • Company No.

    077128

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Aug 2010

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Mgm-Varvel Power Transmission Private Limited offer?

Mgm-Varvel Power Transmission Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Gearboxes, Electric Motors and Components, Industrial Motors, Helical Gear Box, Servo Gearbox, Gear Motor, Helical Geared Motor, Worm Geared Motor, Bevel Helical Gearbox.

Who are the key members and board of directors at Mgm-Varvel Power Transmission?

Board Members (3)

Name Designation Appointment Date Status
Mauro Cominoli Country flag representing It Director 01-Sep-2010 Current
Edoardo Ghieri Country flag representing It Director 01-Sep-2010 Current
Rajagopalan Venkatraman Country flag representing In Director 25-Aug-2010 Current

Financial Performance of Mgm-Varvel Power Transmission.

Mgm-Varvel Power Transmission Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.92% increase. The company also saw a substantial fall in profitability, with a 58.83% decrease in profit. The company's net worth moved up by a moderate rise of 9.85%.

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
7.92%
Revenue from Operations
8.81%
Total Assets
26.40%
Profit or Loss
-58.83%
Net Worth
9.85%
EBITDA
-52.95%

What is the Ownership and Shareholding Structure of Mgm-Varvel Power Transmission?

In 2023, Mgm-Varvel Power Transmission 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mgm-Varvel Power Transmission?

Mgm-Varvel Power Transmission has a workforce of 25 employees as of Apr 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 Mgm-Varvel Power Transmission, 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 Mgm-Varvel Power Transmission'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 Mgm-Varvel Power Transmission

Recent activity within the organization

  • Annual General Meeting

    Mgm-Varvel Power Transmission Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Mgm-Varvel Power Transmission Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Mauro Cominoli was appointed as a Director was appointed as a Director on 01 Sep 2010 & has been associated with this company since 14 years 5 months .

    01 Sep 2010

  • Director Appointment

    Edoardo Ghieri was appointed as a Director was appointed as a Director on 01 Sep 2010 & has been associated with this company since 14 years 5 months .

    01 Sep 2010

  • Director Appointment

    Rajagopalan Venkatraman was appointed as a Director was appointed as a Director on 25 Aug 2010 & has been associated with this company since 14 years 5 months .

    25 Aug 2010

  • Company Incorporation

    Mgm-Varvel Power Transmission Private Limited was registered on 25 Aug 2010 with Roc Chennai & aged 14 years 5 months as per MCA records.

    25 Aug 2010

Frequently asked questions

  • Mgm-Varvel Power Transmission Private Limited was incorporated on 25 Aug 2010.

  • The authorized share capital of Mgm-Varvel Power Transmission Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.99 Cr.

  • Currently 3 directors are associated with Mgm-Varvel Power Transmission Private Limited.

    • Mauro Cominoli
    • Edoardo Ghieri
    • Rajagopalan Venkatraman
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mgm-Varvel Power Transmission Private Limited is Plot No.6 Survey No 308/43 Vgp Industrial Complex Chettipedu, Sriperumbudur, Tamil Nadu, India, 602105.

  • The corporate identification number (CIN) of Mgm-Varvel Power Transmission Private Limited is U31103TN2010PTC077128 and the company number is 077128 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mgm-Varvel Power Transmission Private Limited is https://www.mgmvarvelindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mgm-Varvel Power Transmission Private Limited has risen by 7.92%.

  • As Per 2023 financial reports, 25 employees are currently employed by Mgm-Varvel Power Transmission Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mgm-Varvel Power Transmission Private Limited has experienced an upsurge of 9.85%.

  • The most recent Balance Sheet for Mgm-Varvel Power Transmission Private Limited was filed with the ROC on 31 Mar 2023.

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