Micon Automation Systems Private Limited

Provides instrumentation, communication, and automation products and solutions, including control panels.

2006 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 04, 2024

Micon Automation Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 18 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.78 Cr
  • Satisfied Charges ₹ 1.00 Cr
  • Revenue Growth -6.02%
  • Profit Growth -43.36%
  • Ebitda -41.24%
  • Net Worth 14.51%
  • Total Assets 10.34%

About Micon Automation Systems

Micon Automation Systems Private Limited (MASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 August 2006 and has a history of 18 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Consumer Electronics & Durables 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 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹2.78 Cr. The company has closed loans amounting to ₹1.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parag Shukla and Niket Gorakhia serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909GJ2006PTC048980

  • Company No.

    048980

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Electronics & Durables

What products or services does Micon Automation Systems Private Limited offer?

Micon Automation Systems Private Limited offers a wide range of products and services, including Computer Hardware & Peripherals, Monitor Accessories, Thermometers & Flowmeters, Flow Meter, VFD, PLC, HMI & Control Equipments, PLC, Electric Motors and Components, Pneumatic Actuators, Computer Parts, Router, Cables & Networking Devices.

Who are the key members and board of directors at Micon Automation Systems?

Board Members (2)

Name Designation Appointment Date Status
Parag Shukla Country flag representing In Director 31-Aug-2006 Current
Niket Gorakhia Country flag representing In Director 31-Aug-2006 Current

Financial Performance of Micon Automation Systems.

Micon Automation Systems Private Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 6.02% decrease. The company also saw a substantial fall in profitability, with a 43.36% decrease in profit. The company's net worth Soared by an impressive increase of 14.51%.

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
-6.02%
Revenue from Operations
-6.01%
Total Assets
10.34%
Profit or Loss
-43.36%
Net Worth
14.51%
EBITDA
-41.24%

What is the Ownership and Shareholding Structure of Micon Automation Systems?

In 2021, Micon Automation Systems 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

₹27.80 M

Satisfied Charges

₹10.00 M

Charges Breakdown by Lending Institutions

  • Others : 2.56 Cr
  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

Date Lender Amount Status
14 Dec 2022 Hdfc Bank Limited ₹2.20 M Open
07 Sep 2016 Others ₹1.28 Cr Open
21 Jul 2016 Others ₹1.28 Cr Open
15 Mar 2010 State Bank Of India ₹1.00 Cr Satisfied

How Many Employees Work at Micon Automation Systems?

Unlock and access historical data on people associated with Micon Automation Systems, 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 Micon Automation Systems, 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 Micon Automation Systems'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 Micon Automation Systems

Recent activity within the organization

  • Annual General Meeting

    Micon Automation Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Micon Automation Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.20 M with Charge ID 100674348 was registered on 14 Dec 2022.

    14 Dec 2022

  • Charges

    A charge registered on 15 Mar 2010 via Charge ID 10205936 with State Bank Of India was fully satisfied on 05 May 2017.

    05 May 2017

  • Charges

    A charge with Others amounted to Rs. 12.80 M with Charge ID 100049186 was registered on 07 Sep 2016.

    07 Sep 2016

  • Charges

    A charge with Others amounted to Rs. 12.80 M with Charge ID 100043406 was registered on 21 Jul 2016.

    21 Jul 2016

Frequently asked questions

  • Micon Automation Systems Private Limited was incorporated on 31 Aug 2006.

  • The authorized share capital of Micon Automation Systems Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Micon Automation Systems Private Limited.

    • Parag Vishnuprasad Shukla
    • Niket Sureshchandra Gorakhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Micon Automation Systems Private Limited is A-814 Siddhi Vinayak Towers B/H Dcp Office Off. S.G. Road Makarba, India, Ahmedabad, Gujarat, 380051.

  • The corporate identification number (CIN) of Micon Automation Systems Private Limited is U31909GJ2006PTC048980 and the company number is 048980 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Micon Automation Systems Private Limited is https://www.miconindia.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Micon Automation Systems Private Limited has fallen by -6.02%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Micon Automation Systems Private Limited has experienced an upsurge of 14.51%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Micon Automation Systems Private Limited amount to ₹ 2.78 Cr.

  • The most recent Balance Sheet for Micon Automation Systems Private Limited was filed with the ROC on 31 Mar 2024.