Micas Organics Profile
Key Indicators
- Authorised Capital ₹ 4.00 Cr
- Paid Up Capital ₹ 3.16 Cr
- Company Age 36 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 40.31 Cr
- Satisfied Charges ₹ 206.66 Cr
- Revenue Growth -20.67%
- Profit Growth -102.35%
- Ebitda -65.26%
- Net Worth -0.95%
- Total Assets -13.20%
About Micas Organics
Micas Organics Limited (MOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 October 1988 and has a history of 36 years and three months. Its registered office is in Vapi, Gujarat, India.
The Corporate was formerly known as Dhiraj Intermediates Private Limited. The Company is engaged in the Chemicals And Materials 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 4.00 Cr and a paid-up capital of Rs 3.16 Cr.
The company currently has active open charges totaling ₹40.31 Cr. The company has closed loans amounting to ₹206.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pranav Shah, Samir Vora, Harshad Patel, and Four other members serve as directors at the Company.
Company Details
-
Location
Vapi, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U24231GJ1988PLC011432
-
Company No.
011432
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
25 Oct 1988
-
Date of AGM
14 Dec 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Micas Organics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajul Shah
|
Managing Director | 01-Apr-2006 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Pranav Shah
|
Director | 18-Jan-2011 | Current |
|
Samir Vora
|
Director | Current | |
|
Harshad Patel
|
Director | 01-Apr-2008 | Current |
|
Urmil Shah
|
Director | 22-Nov-2011 | Current |
|
Lekhendra Chaturvedi
|
Director | 17-Oct-2023 | Current |
|
Mukeshkumar Patel
|
Director | 03-Aug-2013 | Current |
Financial Performance of Micas Organics.
Micas Organics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.67% decrease. The company also saw a substantial fall in profitability, with a 102.35% decrease in profit. The company's net worth dipped by a decrease of 0.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Micas Organics?
In 2023, Micas Organics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Bilakhia Holdings Private LimitedLekhendra Chaturvedi is a mutual person
-
Amantech Chemicals Pvt LtdMukeshkumar Patel is a mutual person
-
Mayas Healthcares Services LlpPranav Shah and Rajul Shah are mutual person
-
Menus Healthcare Services Llp
Pranav Shah and Rajul Shah are mutual person
-
Mizen Healthcare Services Llp
Pranav Shah and Rajul Shah are mutual person
-
Jyoti Colours Private Limited
Pranav Shah and Rajul Shah are mutual person
Charges (Loans)
₹40.31 Cr
₹206.66 Cr
Charges Breakdown by Lending Institutions
- Others : 40.31 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2012 | Others | ₹40.31 Cr | Open |
| 28 Feb 2015 | Religare Finvest Limited | ₹6.06 Cr | Satisfied |
| 24 Nov 2009 | Bank Of Baroda | ₹22.34 Cr | Satisfied |
| 24 Nov 2009 | Bank Of Baroda | ₹22.34 Cr | Satisfied |
| 16 Jul 2009 | Bank Of Baroda | ₹22.34 Cr | Satisfied |
How Many Employees Work at Micas Organics?
Micas Organics has a workforce of 54 employees as of Mar 27, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Micas Organics, 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 Micas Organics's trajectory.
Rating
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
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.
