Mico Plast Industries Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 4.02 Cr
as on 17-07-2024
- Company Age 33 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 58.02 Cr
as on 17-07-2024
- Satisfied Charges ₹ 7.99 Cr
as on 17-07-2024
- Revenue 22.26%
(FY 2023)
- Profit 39.54%
(FY 2023)
- Ebitda 2.57%
(FY 2023)
- Net Worth 8.12%
(FY 2023)
- Total Assets 6.57%
(FY 2023)
About Mico Plast Industries
The Corporate was formerly known as Mico Plast Industries Limited. The Company is engaged in the Packaging 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 8.00 Cr and a paid-up capital of Rs 4.02 Cr.
The company currently has active open charges totaling ₹58.02 Cr. The company has closed loans amounting to ₹7.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Naresh Rangraj, Suraj Agurchand, Sumithra Naresh, and One other member serve as directors at the Company.
- CIN/LLPIN
U52599TN1991PLC021005
- Company No.
021005
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Jun 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Mico Plast Industries Private Limited offer?
Mico Plast Industries Private Limited offers a wide range of products and services, including Gusseted, Spout and Stand Up Pouch, Stand Up Pouch, Packaging Solutions, Industrial Packaging Services, Protective Packing Materials, Protective Packaging, Packaging Pouches & Envelopes, Food Packaging Bag, Packaging Films & Foils, Plastic Film.
Who are the key members and board of directors at Mico Plast Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Agarchand Rangraj  | Managing Director | 24-Apr-2007 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naresh Rangraj | Director | 10-Jun-1994 | Current |
| Suraj Agurchand | Director | 25-Jun-1991 | Current |
| Sumithra Naresh | Director | 25-Jun-1991 | Current |
Financial Performance of Mico Plast Industries.
Mico Plast Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.26% increase. The company also saw a substantial improvement in profitability, with a 39.54% increase in profit. The company's net worth moved up by a moderate rise of 8.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mico Plast Industries?
In 2023, Mico Plast Industries had a promoter holding of 99.05% and a public holding of 0.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹58.02 Cr
₹7.99 Cr
Charges Breakdown by Lending Institutions
- Others : 31.39 Cr
- Corporation Bank : 26.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2022 | Others | ₹26.16 Cr | Open |
| 12 May 2020 | Others | ₹4.75 Cr | Open |
| 12 May 2020 | Others | ₹4.75 M | Open |
| 01 Mar 2010 | Corporation Bank | ₹26.63 Cr | Open |
| 31 May 2007 | Industrial Development Bank Of India Limited | ₹3.42 Cr | Satisfied |
How Many Employees Work at Mico Plast Industries?
Mico Plast Industries has a workforce of 133 employees as of Apr 09, 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 Mico Plast Industries, 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 Mico Plast Industries'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
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