Michigan Rubber (India) Profile
Key Indicators
- Authorised Capital ₹ 12.00 Cr
- Paid Up Capital ₹ 10.84 Cr
- Company Age 38 Year, 3 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 34.20 Cr
- Revenue Growth -94.36%
- Profit Growth 34.44%
- Ebitda 62.42%
- Net Worth -14.90%
- Total Assets -14.21%
About Michigan Rubber (India)
Michigan Rubber (India) Limited (MRIL) is Under Liquidation company established on 03 Feb 1987 with its office registered at Indore, Madhya Pradesh, India and has been running since 38 Year, 3 Months with a paid up capital of 10.84 Cr. According to MCA records, 3 Directors are linked to this company as of 14 May 2024.
Company Details
- Location
Indore, Madhya Pradesh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U00251MP1987PLC003793
- Company No.
003793
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Feb 1987
- Date of AGM
29 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Unlisted
- ROC Code
Roc Gwalior
Industry
Automotive
Michigan Rubber (India) Limited
Explore comprehensive data for Michigan Rubber (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Michigan Rubber (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Verma  | Managing Director | 26-Aug-2002 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashish Verma | Additional Director | 15-Mar-2010 | Current |
| Malot Singh | Director | 21-Feb-2000 | Current |
Financial Performance of Michigan Rubber (India).
Michigan Rubber (India) Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 94.36% decrease. The company also saw a substantial improvement in profitability, with a 34.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Michigan Rubber (India)?
In 2017, Michigan Rubber (India) had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹34.20 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of Mysore : 21.80 Cr
- Industrial Development Bank Of India : 8.00 Cr
- Madhya Pradesh Financial Corporation Finance House : 3.05 Cr
- Madhya Pradesh Financial Corporation : 1.35 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2005 | State Bank Of Mysore | ₹8.10 Cr | Open |
| 22 Feb 2003 | Madhya Pradesh Financial Corporation Finance House | ₹9.00 M | Open |
| 09 Dec 2002 | Madhya Pradesh Financial Corporation Finance House | ₹7.50 M | Open |
| 02 Nov 2001 | Industrial Development Bank Of India | ₹2.50 Cr | Open |
| 21 May 2001 | State Bank Of Mysore | ₹3.80 Cr | Open |
How Many Employees Work at Michigan Rubber (India)?
Michigan Rubber (India) has a workforce of 0 employees as of Apr 06, 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 Michigan Rubber (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 Michigan Rubber (India)'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.
Latest Updates, News, and FAQs on Michigan Rubber (India)
Recent activity within the organization
- Annual General Meeting
Michigan Rubber (India) Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.
- Balance Sheet
Michigan Rubber (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Gwalior.
- Director Appointment
Ashish Verma was appointed as a Additional Director was appointed as a Additional Director on 15 Mar 2010 & has been associated with this company since 15 years 2 months .
- Charges
A charge with State Bank Of Mysore of Rs. 8.10 Cr registered on 31 Mar 2005 with Charge ID 90206331 was modified on 30 Jul 2005.
- Charges
A charge with State Bank Of Mysore amounted to Rs. 8.10 Cr with Charge ID 90206331 was registered on 31 Mar 2005.
- Charges
A charge with State Bank Of Mysore of Rs. 3.80 Cr registered on 21 May 2001 with Charge ID 90208867 was modified on 19 Jan 2004.
Frequently asked questions
What is the Incorporation or founding date of Michigan Rubber (India) Limited?
Michigan Rubber (India) Limited was incorporated on 03 Feb 1987.
What is authorized share capital and paid-up capital of Michigan Rubber (India) Limited?
The authorized share capital of Michigan Rubber (India) Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.84 Cr.
Who are the current board members & directors of Michigan Rubber (India) Limited?
Currently 3 directors are associated with Michigan Rubber (India) Limited.
- Mahesh Kumar Verma
- Ashish Verma
- Malot Singh
What is the registered address of Michigan Rubber (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Michigan Rubber (India) Limited is 11Nehru Market In Front Ofnehru Stadium, Indore, M.P., Madhya Pradesh, India, 452001.
What is the corporate identification number (CIN) and company number of Michigan Rubber (India) Limited?
The corporate identification number (CIN) of Michigan Rubber (India) Limited is U00251MP1987PLC003793 and the company number is 003793 as per Ministry of Corporate Affairs (MCA).
What is the official website of Michigan Rubber (India) Limited?
The Official website of Michigan Rubber (India) Limited is https://www.michigantyre.co.in
What has been the recent revenue trend for Michigan Rubber (India) Limited?
According to the financial reports for the fiscal year 2016, the revenue trend for Michigan Rubber (India) Limited has fallen by -94.36%.
What change has been observed in the net worth of Michigan Rubber (India) Limited, and by what percentage?
The financial reports for the fiscal year 2016 indicates that The net worth of Michigan Rubber (India) Limited has experienced an downturn of -14.90%.
What are the total open charges for Michigan Rubber (India) Limited?
As per the financial statements for fiscal Year 2016, The total open charges for Michigan Rubber (India) Limited amount to ₹ 34.20 Cr.
When was the last Balance Sheet of Michigan Rubber (India) Limited filed with the ROC?
The most recent Balance Sheet for Michigan Rubber (India) Limited was filed with the ROC on 31 Mar 2017.
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