Micanite Insulating Private Limited

Manufactures, trades, and exports micanite and related products, established in 1999 in Kolkata.

1999 | Kolkata, West Bengal (India) | Active
Last Updated: July 31, 2024

Micanite Insulating Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.46 Cr
  • Company Age 25 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.44 Cr
  • Revenue Growth 29.66%
  • Profit Growth -48.78%
  • Ebitda -12.42%
  • Net Worth 6.88%
  • Total Assets 2.43%

About Micanite Insulating

Micanite Insulating Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 June 1999 and has a history of 25 years and eight months. Its registered office is in Kolkata, West Bengal, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.46 Cr.

The company currently has active open charges totaling ₹9.44 Cr.

Lakhi Gourisaria and Suman Gourisaria serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    micanite.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29190WB1999PTC089626

  • Company No.

    089626

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 1999

  • Date of AGM

    22 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing
Metals and Minerals

Who are the key members and board of directors at Micanite Insulating?

Financial Performance of Micanite Insulating.

Micanite Insulating Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.66% increase. The company also saw a substantial fall in profitability, with a 48.78% decrease in profit. The company's net worth moved up by a moderate rise of 6.88%.

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
29.66%
Revenue from Operations
29.61%
Total Assets
2.43%
Profit or Loss
-48.78%
Net Worth
6.88%
EBITDA
-12.42%

What is the Ownership and Shareholding Structure of Micanite Insulating?

In 2023, Micanite Insulating had a promoter holding of 89.98% and a public holding of 10.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.44 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.83 Cr
  • Others : 4.61 Cr

Latest Charge Details

DateLenderAmountStatus
30 Mar 2022Others₹4.61 CrOpen
23 Aug 2017State Bank Of India₹4.83 CrOpen

How Many Employees Work at Micanite Insulating?

Micanite Insulating has a workforce of 30 employees as of Apr 07, 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 Micanite Insulating, 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 Micanite Insulating'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 Micanite Insulating

Recent activity within the organization

  • Annual General Meeting

    Micanite Insulating Private Limited last Annual general meeting of members was held on 22 Sep 2023 as per latest MCA records.

    22 Sep 2023

  • Balance Sheet

    Micanite Insulating Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.61 Cr with Charge ID 100573755 was registered on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge with State Bank Of India of Rs. 4.83 Cr registered on 23 Aug 2017 with Charge ID 100119938 was modified on 04 Jan 2022.

    04 Jan 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.83 Cr with Charge ID 100119938 was registered on 23 Aug 2017.

    23 Aug 2017

  • Director Appointment

    Suman Gourisaria was appointed as a Director was appointed as a Director on 12 Dec 2002 & has been associated with this company since 22 years 2 months .

    12 Dec 2002

Frequently asked questions

  • What is the Incorporation or founding date of Micanite Insulating Private Limited?

    Micanite Insulating Private Limited was incorporated on 15 Jun 1999.

  • What is authorized share capital and paid-up capital of Micanite Insulating Private Limited?

    The authorized share capital of Micanite Insulating Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.46 Cr.

  • Who are the current board members & directors of Micanite Insulating Private Limited?

    Currently 2 directors are associated with Micanite Insulating Private Limited.

    • Lakhi Prasad Gourisaria
    • Suman Gourisaria
  • What is the registered address of Micanite Insulating Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Micanite Insulating Private Limited is 23A Netaji Subhas Roadroom No 2 2Nd Floor, Kolkata, West Bengal, India, 700001.

  • What is the corporate identification number (CIN) and company number of Micanite Insulating Private Limited?

    The corporate identification number (CIN) of Micanite Insulating Private Limited is U29190WB1999PTC089626 and the company number is 089626 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Micanite Insulating Private Limited?

    The Official website of Micanite Insulating Private Limited is https://www.micanite.in

  • What has been the recent revenue trend for Micanite Insulating Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Micanite Insulating Private Limited has risen by 29.66%.

  • How many employees does Micanite Insulating Private Limited currently have?

    As Per 2023 financial reports, 30 employees are currently employed by Micanite Insulating Private Limited.

  • What change has been observed in the net worth of Micanite Insulating Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Micanite Insulating Private Limited has experienced an upsurge of 6.88%.

  • What are the total open charges for Micanite Insulating Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Micanite Insulating Private Limited amount to ₹ 9.44 Cr.

  • When was the last Balance Sheet of Micanite Insulating Private Limited filed with the ROC?

    The most recent Balance Sheet for Micanite Insulating Private Limited was filed with the ROC on 31 Mar 2023.