Michigan Rubber (India) Limited

Michigan Rubber (India) Limited

Manufacturer of tires and tubes for various vehicles, ISO certified.
1987 | Indore, Madhya Pradesh (India) | Under Liquidation

Last Updated:

May 14, 2024
HomeCompanyMichigan Rubber (India) Limited

Who are the key members and board of directors at Michigan Rubber (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Mahesh Verma InManaging Director26-Aug-2002Current

Board Members(2)

NameDesignationAppointment DateStatus
Ashish Verma In Additional Director 15-Mar-2010Current
Malot Singh In Director 21-Feb-2000Current

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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-94.36%
Revenue from Operations
-98.55%
Total Assets
-14.21%
Profit or Loss
34.44%
Net Worth
-14.90%
EBITDA
62.42%

Charges (Loans)

Open Charges

₹34.20 Cr

LenderAmountStatus

State Bank Of Mysore

Creation Date: 31 Mar 2005
₹8.10 CrOpen

Madhya Pradesh Financial Corporation Finance House

Creation Date: 22 Feb 2003
₹9.00 MOpen

Madhya Pradesh Financial Corporation Finance House

Creation Date: 09 Dec 2002
₹7.50 MOpen

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.

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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.

    29 Sep 2017

  • Balance Sheet

    Michigan Rubber (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Gwalior.

    31 Mar 2017

  • 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 14 years 10 months .

    15 Mar 2010

  • 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.

    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.

    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.

    19 Jan 2004

Frequently asked questions

  • Michigan Rubber (India) Limited was incorporated on 03 Feb 1987.

  • The authorized share capital of Michigan Rubber (India) Limited is ₹ 12.00 Cr and paid-up capital is ₹ 10.84 Cr.

  • Currently 3 directors are associated with Michigan Rubber (India) Limited.

    • Mahesh Kumar Verma
    • Ashish Verma
    • Malot Singh
  • 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.

  • 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).

  • The Official website of Michigan Rubber (India) Limited is https://www.michigantyre.co.in

  • According to the financial reports for the fiscal year 2016, the revenue trend for Michigan Rubber (India) Limited has fallen by -94.36%.

  • 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%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Michigan Rubber (India) Limited amount to ₹ 34.20 Cr.

  • The most recent Balance Sheet for Michigan Rubber (India) Limited was filed with the ROC on 31 Mar 2017.

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