Michell Bearings (India) Private Limited

Manufactures and sells specialized bearings for industrial machinery.

1993 | Bangalore, Karnataka (India) | Converted to LLP
Last Updated:

Michell Bearings (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 31 Year, 8 Months
  • Last Filing with ROC 31 Mar 2016
  • Satisfied Charges ₹ 2.60 Cr
  • Revenue Growth 13.25%
  • Profit Growth 9.01%
  • Ebitda 13.53%
  • Net Worth 16.38%
  • Total Assets 18.50%

About Michell Bearings (India)

Michell Bearings (India) Private Limited (MBIPL) is Converted To Llp company established on 05 Jul 1993 with its office registered at Bangalore, Karnataka, India and has been running since 31 Year, 8 Months with a paid up capital of 1.00 Cr. According to MCA records, 5 Directors are linked to this company as of 14 May 2024.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29299KA1993PTC014492

  • Company No.

    014492

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 1993

  • Date of AGM

    15 Jul 2016

  • Date of Balance Sheet

    31 Mar 2016

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment
Company report

Michell Bearings (India) Private Limited

Explore comprehensive data for Michell Bearings (India) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Michell Bearings (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Arvind Malpani Country flag representing In Managing Director01-Apr-1996Current

Board Members (4)

NameDesignationAppointment DateStatus
Kelly Jones Country flag representing Gb Director 27-Nov-2015Current
Richard Dodd Country flag representing Gb Director 27-Nov-2015Current
Marc Mcdermott Country flag representing Gb Director 27-Nov-2015Current
Mridula Malpani Country flag representing In Director 19-Mar-2015Current

Financial Performance of Michell Bearings (India).

Michell Bearings (India) Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 13.25% increase. The company also saw a slight improvement in profitability, with a 9.01% increase in profit. The company's net worth Soared by an impressive increase of 16.38%.

Michell Bearings (India) revenue growth over time
Michell Bearings (India) 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
13.25%
Revenue from Operations
15.28%
Total Assets
18.50%
Profit or Loss
9.01%
Net Worth
16.38%
EBITDA
13.53%

What is the Ownership and Shareholding Structure of Michell Bearings (India)?

In 2016, Michell Bearings (India) 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

₹0

Satisfied Charges

₹2.60 Cr

Charges Breakdown by Lending Institutions

  • Hsbc Bank : 1.70 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 0.80 Cr
  • Canara Bank : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
10 Feb 2000Canara Bank₹0.39 MSatisfied
11 Jul 1997Canara Bank₹0.57 MSatisfied
24 Apr 1995Hsbc Bank₹1.70 CrSatisfied
24 Apr 1995The Hongkong And Shanghai Banking Corporation Limited₹8.00 MSatisfied

How Many Employees Work at Michell Bearings (India)?

Unlock and access historical data on people associated with Michell Bearings (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Michell Bearings (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Michell Bearings (India), 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 Michell Bearings (India)'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 Michell Bearings (India)

Recent activity within the organization

  • Charges

    A charge registered on 24 Apr 1995 via Charge ID 100049535 with Hsbc Bank was fully satisfied on 22 Sep 2016.

  • Annual General Meeting

    Michell Bearings (India) Private Limited last Annual general meeting of members was held on 15 Jul 2016 as per latest MCA records.

  • Balance Sheet

    Michell Bearings (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2016 with Roc Bangalore.

  • Director Appointment

    Richard Dodd was appointed as a Director was appointed as a Director on 27 Nov 2015 & has been associated with this company since 9 years 3 months .

  • Director Appointment

    Marc Keith Mcdermott was appointed as a Director was appointed as a Director on 27 Nov 2015 & has been associated with this company since 9 years 3 months .

  • Director Appointment

    Kelly Rene Jones was appointed as a Director was appointed as a Director on 27 Nov 2015 & has been associated with this company since 9 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Michell Bearings (India) Private Limited?

    Michell Bearings (India) Private Limited was incorporated on 05 Jul 1993.

  • What is authorized share capital and paid-up capital of Michell Bearings (India) Private Limited?

    The authorized share capital of Michell Bearings (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Michell Bearings (India) Private Limited?

    Currently 5 directors are associated with Michell Bearings (India) Private Limited.

    • Arvind Prakash Malpani
    • Kelly Rene Jones
    • Richard Dodd
    • Marc Keith Mcdermott
    • Mridula Malpani

  • What is the registered address of Michell Bearings (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Michell Bearings (India) Private Limited is No.8D Attibele Industrialarea Bangalore, Area Bangalore, Karnataka, India, 562107.

  • What is the corporate identification number (CIN) and company number of Michell Bearings (India) Private Limited?

    The corporate identification number (CIN) of Michell Bearings (India) Private Limited is U29299KA1993PTC014492 and the company number is 014492 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Michell Bearings (India) Private Limited?

    The Official website of Michell Bearings (India) Private Limited is https://www.michellbearings.com

  • What has been the recent revenue trend for Michell Bearings (India) Private Limited?

    According to the financial reports for the fiscal year 2016, the revenue trend for Michell Bearings (India) Private Limited has risen by 13.25%.

  • What change has been observed in the net worth of Michell Bearings (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2016 indicates that The net worth of Michell Bearings (India) Private Limited has experienced an upsurge of 16.38%.

  • When was the last Balance Sheet of Michell Bearings (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Michell Bearings (India) Private Limited was filed with the ROC on 31 Mar 2016.

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