Michigan Stones Private Limited

Exports Indian granites and marbles to various regions with a large annual capacity.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Michigan Stones Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 10.00 M
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.83 Cr
  • Revenue Growth 12.00%
  • Profit Growth 19.41%
  • Ebitda 16.36%
  • Net Worth 18.03%
  • Total Assets 35.94%

About Michigan Stones

Michigan Stones Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 2007 and has a history of 17 years and five months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing 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 1.00 Cr and a paid-up capital of Rs 10.00 M.

The company currently has active open charges totaling ₹11.83 Cr.

Amit Khabya and Chandrakantha Adhikari serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    michiganstones.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14100KA2007PTC043792

  • Company No.

    043792

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Michigan Stones Private Limited offer?

Michigan Stones Private Limited offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Black Granite, Granite, Marbles, Countertops, Natural Stone, White Granite, Granite Slab, Granite Tiles, Absolute Black Granite Tiles.

Who are the key members and board of directors at Michigan Stones?

Board Members (2)

Name Designation Appointment Date Status
Chandrakantha Adhikari Country flag representing In Director 05-Sep-2007 Current
Amit Khabya Country flag representing In Director 05-Sep-2007 Current

Financial Performance of Michigan Stones.

Michigan Stones Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12% increase. The company also saw a substantial improvement in profitability, with a 19.41% increase in profit. The company's net worth Soared by an impressive increase of 18.03%.

Graph illustrating revenue growth over time
Graph showing 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
12.00%
Revenue from Operations
11.66%
Total Assets
35.94%
Profit or Loss
19.41%
Net Worth
18.03%
EBITDA
16.36%

What is the Ownership and Shareholding Structure of Michigan Stones?

In 2023, Michigan Stones 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

₹11.83 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 10.50 Cr
  • Sidbi : 1.33 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2024 Sidbi ₹1.33 Cr Open
23 Jan 2012 State Bank Of India ₹10.50 Cr Open

How Many Employees Work at Michigan Stones?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Michigan Stones, 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 Stones'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 Michigan Stones

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 1.33 Cr with Charge ID 100861948 was registered on 31 Jan 2024.

    31 Jan 2024

  • Annual General Meeting

    Michigan Stones Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Michigan Stones Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 10.50 Cr registered on 23 Jan 2012 with Charge ID 10332685 was modified on 09 Sep 2022.

    09 Sep 2022

  • Charges

    A charge with State Bank Of India amounted to Rs. 10.50 Cr with Charge ID 10332685 was registered on 23 Jan 2012.

    23 Jan 2012

  • Director Appointment

    Amit Khabya was appointed as a Director was appointed as a Director on 05 Sep 2007 & has been associated with this company since 17 years 5 months .

    05 Sep 2007

Frequently asked questions

  • Michigan Stones Private Limited was incorporated on 05 Sep 2007.

  • The authorized share capital of Michigan Stones Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 10.00 M.

  • Currently 2 directors are associated with Michigan Stones Private Limited.

    • Amit Khabya
    • Chandrakantha Adhikari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Michigan Stones Private Limited is No.D-4 Apurva Saphire 87/2 3Rd Cross Jyoti Nagar, Gottigere India, Bangalore, Karnataka, 560083.

  • The corporate identification number (CIN) of Michigan Stones Private Limited is U14100KA2007PTC043792 and the company number is 043792 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Michigan Stones Private Limited is https://www.michiganstones.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Michigan Stones Private Limited has risen by 12.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Michigan Stones Private Limited has experienced an upsurge of 18.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Michigan Stones Private Limited amount to ₹ 11.83 Cr.

  • The most recent Balance Sheet for Michigan Stones Private Limited was filed with the ROC on 31 Mar 2023.