Micas Organics Limited

Manufacturer of pigments with a global presence and strong network in India, Africa, Asia, and the Middle East.

1988 | Valsad, Gujarat (India) | Active
Last Updated:

Micas Organics Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.16 Cr
  • Company Age 36 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 43.10 Cr
  • Satisfied Charges ₹ 246.97 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 five months. Its registered office is in Valsad, 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 2024. 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 ₹43.10 Cr. The company has closed loans amounting to ₹246.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Samir Vora, Pranav Shah, Rajul Shah, and Four other members serve as directors at the Company.

Company Details

  • Location

    Valsad, 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

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Chemicals and Materials
Company report

Micas Organics Limited

Explore comprehensive data for Micas Organics Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Micas Organics?

Executive Team (1)

NameDesignationAppointment DateStatus
Rajul Shah Country flag representing In Managing Director01-Apr-2006Current

Board Members (6)

NameDesignationAppointment DateStatus
Samir Vora Country flag representing In Director Current
Pranav Shah Country flag representing In Director 18-Jan-2011Current
Urmil Shah Country flag representing In Director 22-Nov-2011Current
Harshad Patel Country flag representing In Director 01-Apr-2008Current
Mukeshkumar Patel Country flag representing In Director 03-Aug-2013Current
Lekhendra Chaturvedi Country flag representing In Director 17-Oct-2023Current

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%.

Micas Organics revenue growth over time
Micas Organics 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
-20.67%
Revenue from Operations
-11.27%
Total Assets
-13.20%
Profit or Loss
-102.35%
Net Worth
-0.95%
EBITDA
-65.26%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.10 Cr

Satisfied Charges

₹246.97 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 43.10 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2024Axis Bank Limited₹2.10 MOpen
18 Jun 2024Axis Bank Limited₹42.89 CrOpen
28 Feb 2015Religare Finvest Limited₹6.06 CrSatisfied
14 Dec 2012Others₹40.31 CrSatisfied
24 Nov 2009Bank Of Baroda₹22.34 CrSatisfied

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.

Employee growth trends for Micas Organics Limited

Deals i

Graph showing company valuation over time

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

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 Micas Organics

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 42.89 Cr registered on 18 Jun 2024 with Charge ID 100936052 was modified on 07 Feb 2025.

  • Annual General Meeting

    Micas Organics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100945105 was registered on 01 Jul 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 42.89 Cr with Charge ID 100936052 was registered on 18 Jun 2024.

  • Charges

    A charge registered on 14 Dec 2012 via Charge ID 10393893 with Others was fully satisfied on 28 May 2024.

  • Balance Sheet

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

Frequently asked questions

  • What is the Incorporation or founding date of Micas Organics Limited?

    Micas Organics Limited was incorporated on 25 Oct 1988.

  • What is authorized share capital and paid-up capital of Micas Organics Limited?

    The authorized share capital of Micas Organics Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.16 Cr.

  • Who are the current board members & directors of Micas Organics Limited?

    Currently 7 directors are associated with Micas Organics Limited.

    • Samir Yusuf Vora
    • Pranav Rajul Shah
    • Rajul Amrutlal Shah
    • Urmil Nitin Shah
    • Harshad Vallabhbhai Patel
    • Mukeshkumar Natubhai Patel
    • Lekhendra Nath Chaturvedi

  • What is the registered address of Micas Organics Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Micas Organics Limited is 297/4 To 10 Phase-Ii G.I.D.C., India, Vapi, Gujarat, 396195.

  • What is the corporate identification number (CIN) and company number of Micas Organics Limited?

    The corporate identification number (CIN) of Micas Organics Limited is U24231GJ1988PLC011432 and the company number is 011432 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Micas Organics Limited?

    The Official website of Micas Organics Limited is https://www.micas.co.in

  • What has been the recent revenue trend for Micas Organics Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Micas Organics Limited has fallen by -20.67%.

  • How many employees does Micas Organics Limited currently have?

    As Per 2023 financial reports, 54 employees are currently employed by Micas Organics Limited.

  • What change has been observed in the net worth of Micas Organics Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Micas Organics Limited has experienced an downturn of -0.95%.

  • What are the total open charges for Micas Organics Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Micas Organics Limited amount to ₹ 43.10 Cr.

  • When was the last Balance Sheet of Micas Organics Limited filed with the ROC?

    The most recent Balance Sheet for Micas Organics Limited was filed with the ROC on 31 Mar 2024.

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