Micolube India Ltd

Manufacturer of lubricants, chemicals, and polymers, with a focus on greases for Indian railways.

1986 | Delhi (India) | Active
Last Updated:

Micolube India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 38 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.30 Cr
  • Revenue Growth -13.70%
  • Profit Growth 1.05%
  • Ebitda 25.10%
  • Net Worth 5.09%
  • Total Assets -4.03%

About Micolube India

Micolube India Ltd (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 November 1986 and has a history of 38 years and five months. Its registered office is in Delhi, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 2.50 M.

The company currently has active open charges totaling ₹17.30 Cr.

Kapil Maggu, Hans Raj, Ramit Maggu, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1986PLC026049

  • Company No.

    026049

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Nov 1986

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Chemicals and Materials

What products or services does Micolube India Ltd offer?

Micolube India Ltd offers a wide range of products and services, including Engine Oil, Two Stroke Engine Oil, Oils, Grease & Lubricants, Multigrade Engine Oil, Automotive Oils, Diesel Engine Oil, Automotive Grease, Chemical Bottle, Lubricant Bottle, Gear Oil.

Company report

Micolube India Ltd

Explore comprehensive data for Micolube India Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Micolube India?

Executive Team (1)

NameDesignationAppointment DateStatus
Hans Raj Country flag representing In Managing Director02-Sep-2017Current

Board Members (3)

NameDesignationAppointment DateStatus
Ramit Maggu Country flag representing In Director 01-Feb-2009Current
Kapil Maggu Country flag representing In Director 20-Jun-2009Current
Sumit Maggu Country flag representing In Director 19-Jun-2015Current

Financial Performance of Micolube India.

Micolube India Ltd, for the financial year ended 2024, experienced significant reduction in revenue, with a 13.7% decrease. The company also saw a slight improvement in profitability, with a 1.05% increase in profit. The company's net worth moved up by a moderate rise of 5.09%.

Micolube India revenue growth over time
Micolube 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
-13.70%
Revenue from Operations
-13.97%
Total Assets
-4.03%
Profit or Loss
1.05%
Net Worth
5.09%
EBITDA
25.10%

What is the Ownership and Shareholding Structure of Micolube India?

In 2024, Micolube 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

₹17.30 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 9.10 Cr
  • Axis Bank Limited : 8.20 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2024Yes Bank Limited₹9.10 CrOpen
16 Mar 2016Axis Bank Limited₹8.20 CrOpen

How Many Employees Work at Micolube India?

Micolube India has a workforce of 51 employees as of Feb 06, 2025. 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.

Employee growth trends for Micolube India Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Micolube 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 Micolube 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 Micolube India

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 8.20 Cr registered on 16 Mar 2016 with Charge ID 100026001 was modified on 30 Sep 2024.

  • Annual General Meeting

    Micolube India Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 9.10 Cr with Charge ID 100964043 was registered on 24 Jul 2024.

  • Balance Sheet

    Micolube India Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Hans Raj was appointed as a Managing Director was appointed as a Managing Director on 02 Sep 2017 & has been associated with this company since 7 years 7 months .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.20 Cr with Charge ID 100026001 was registered on 16 Mar 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Micolube India Ltd?

    Micolube India Ltd was incorporated on 11 Nov 1986.

  • What is authorized share capital and paid-up capital of Micolube India Ltd?

    The authorized share capital of Micolube India Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 2.50 M.

  • Who are the current board members & directors of Micolube India Ltd?

    Currently 4 directors are associated with Micolube India Ltd.

    • Kapil Maggu
    • Hans Raj
    • Ramit Maggu
    • Sumit Maggu

  • What is the registered address of Micolube India Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Micolube India Ltd is J-6 Udyog Nagar Industrial Area, Peeragarhi India, Delhi, 110041.

  • What is the corporate identification number (CIN) and company number of Micolube India Ltd?

    The corporate identification number (CIN) of Micolube India Ltd is U74899DL1986PLC026049 and the company number is 026049 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Micolube India Ltd?

    The Official website of Micolube India Ltd is https://www.micolube.com

  • What has been the recent revenue trend for Micolube India Ltd?

    According to the financial reports for the fiscal year 2024, the revenue trend for Micolube India Ltd has fallen by -13.70%.

  • How many employees does Micolube India Ltd currently have?

    As Per 2024 financial reports, 51 employees are currently employed by Micolube India Ltd.

  • What change has been observed in the net worth of Micolube India Ltd, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Micolube India Ltd has experienced an upsurge of 5.09%.

  • What are the total open charges for Micolube India Ltd?

    As per the financial statements for fiscal Year 2024, The total open charges for Micolube India Ltd amount to ₹ 17.30 Cr.

  • When was the last Balance Sheet of Micolube India Ltd filed with the ROC?

    The most recent Balance Sheet for Micolube India Ltd was filed with the ROC on 31 Mar 2024.

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