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Micolube India Ltd

Manufacturer of lubricants, chemicals, and polymers, with a focus on greases for Indian railways.
1986 | Delhi, Delhi (India) | Active

Last Updated:

July 16, 2024
HomeCompanyMicolube India Ltd

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

Executive Team (1)

NameDesignationAppointment DateStatus
Hans Raj InManaging Director28-Dec-2007Current

Board Members(3)

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

Financial Performance and Corporate Structure Insights of Micolube India.

Micolube India Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 9.22% increase. The company also saw a slight improvement in profitability, with a 2.75% increase in profit. The company's net worth moved up by a moderate rise of 5.3%.

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
9.22%
Revenue from Operations
10.68%
Total Assets
4.83%
Profit or Loss
2.75%
Net Worth
5.30%
EBITDA
258.78%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹5.00 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 16 Mar 2016
₹5.00 CrOpen

How Many Employees Work at Micolube India?

Micolube India has a workforce of 50 employees as of Jul 11, 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 Micolube India

Recent activity within the organization

  • Annual General Meeting

    Micolube India Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Micolube India Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100026001 was registered on 16 Mar 2016.

    16 Mar 2016

  • Director Appointment

    Sumit Maggu was appointed as a Director was appointed as a Director on 19 Jun 2015 & has been associated with this company since 9 years 6 months .

    19 Jun 2015

  • Director Appointment

    Kapil Maggu was appointed as a Director was appointed as a Director on 20 Jun 2009 & has been associated with this company since 15 years 6 months .

    20 Jun 2009

  • Director Appointment

    Ramit Maggu was appointed as a Director was appointed as a Director on 01 Feb 2009 & has been associated with this company since 15 years 10 months .

    01 Feb 2009

Frequently asked questions

  • Micolube India Ltd was incorporated on 11 Nov 1986.

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

  • Currently 4 directors are associated with Micolube India Ltd.

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

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

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Micolube India Ltd has risen by 9.22%.

  • As Per 2023 financial reports, 50 employees are currently employed by Micolube India Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Micolube India Ltd has experienced an upsurge of 5.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Micolube India Ltd amount to ₹ 5.00 Cr.

  • The most recent Balance Sheet for Micolube India Ltd was filed with the ROC on 31 Mar 2023.

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