Micon Engineers (Hubli) Private Limited

Manufactures and trades industrial valves, with a focus on export to various countries.

2006 | Dharwad, Karnataka (India) | Active
Last Updated:

Micon Engineers (Hubli) Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.78 Cr
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.66 Cr
  • Satisfied Charges ₹ 6.09 Cr
  • Revenue Growth 27.49%
  • Profit Growth 26.79%
  • Ebitda 40.29%
  • Net Worth 13.91%
  • Total Assets 24.96%

About Micon Engineers (Hubli)

Micon Engineers (Hubli) Private Limited (MEHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 March 2006 and has a history of 19 years and one month. Its registered office is in Dharwad, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 5.00 Cr and a paid-up capital of Rs 2.78 Cr.

The company currently has active open charges totaling ₹37.66 Cr. The company has closed loans amounting to ₹6.09 Cr, as per Ministry of Corporate Affairs (MCA) records.

Anis Naikwadi, Shamsheer Naikwadi, Irfan Naikwadi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120KA2006PTC038765

  • Company No.

    038765

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Micon Engineers (Hubli) Private Limited offer?

Micon Engineers (Hubli) Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Ball Valves, Gate & Sluice Valves, Globe Valves, Trunnion Ball Valve, Metal Valve, Check Valves, Industrial Valves, Cast Steel Valves, Forged Steel Valves.

Company report

Micon Engineers (Hubli) Private Limited

Explore comprehensive data for Micon Engineers (Hubli) Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Micon Engineers (Hubli)?

Executive Team (1)

NameDesignationAppointment DateStatus
Anis Naikwadi Country flag representing In Managing Director17-Mar-2006Current

Board Members (5)

NameDesignationAppointment DateStatus
Shamsheer Naikwadi Country flag representing In Director 17-Mar-2006Current
Irfan Naikwadi Country flag representing In Director 17-Mar-2006Current
Abdulqayyum Naikwadi Country flag representing In Director 17-Mar-2006Current
Liyakhatahmed Naikwadi Country flag representing In Director 17-Mar-2006Current
Rukasana Naikwadi Country flag representing In Director 06-Oct-2020Current

Financial Performance of Micon Engineers (Hubli).

Micon Engineers (Hubli) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.49% increase. The company also saw a substantial improvement in profitability, with a 26.79% increase in profit. The company's net worth Soared by an impressive increase of 13.91%.

Micon Engineers (Hubli) revenue growth over time
Micon Engineers (Hubli) 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
27.49%
Revenue from Operations
27.83%
Total Assets
24.96%
Profit or Loss
26.79%
Net Worth
13.91%
EBITDA
40.29%

What is the Ownership and Shareholding Structure of Micon Engineers (Hubli)?

In 2023, Micon Engineers (Hubli) 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

₹37.66 Cr

Satisfied Charges

₹6.09 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 20.82 Cr
  • Syndicate Bank : 11.95 Cr
  • Karnataka State Financial Corporation : 4.59 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
22 Apr 2024Canara Bank₹2.55 MOpen
01 Sep 2023Canara Bank₹3.12 MOpen
03 Jan 2023Karnataka State Financial Corporation₹1.00 CrOpen
23 Aug 2022Canara Bank₹2.57 MOpen
13 Jul 2022Hdfc Bank Limited₹0.79 MOpen

How Many Employees Work at Micon Engineers (Hubli)?

Micon Engineers (Hubli) has a workforce of 111 employees as of Apr 05, 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.

Employee growth trends for Micon Engineers (Hubli) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Micon Engineers (Hubli), 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 Engineers (Hubli)'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 Engineers (Hubli)

Recent activity within the organization

  • Annual General Meeting

    Micon Engineers (Hubli) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Canara Bank of Rs. 18.00 Cr registered on 08 Dec 2014 with Charge ID 10540246 was modified on 02 May 2024.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.26 Cr with Charge ID 100916777 was registered on 22 Apr 2024.

  • Balance Sheet

    Micon Engineers (Hubli) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.31 Cr with Charge ID 100782834 was registered on 01 Sep 2023.

  • Charges

    A charge with Karnataka State Financial Corporation amounted to Rs. 1.00 Cr with Charge ID 100662551 was registered on 03 Jan 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Micon Engineers (Hubli) Private Limited?

    Micon Engineers (Hubli) Private Limited was incorporated on 17 Mar 2006.

  • What is authorized share capital and paid-up capital of Micon Engineers (Hubli) Private Limited?

    The authorized share capital of Micon Engineers (Hubli) Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.78 Cr.

  • Who are the current board members & directors of Micon Engineers (Hubli) Private Limited?

    Currently 6 directors are associated with Micon Engineers (Hubli) Private Limited.

    • Anis Ahmed Muktharahamad Naikwadi
    • Shamsheer Ahmad Mukthar Ahamad Naikwadi
    • Irfan Ahmed Muktharahmed Naikwadi
    • Abdulqayyum Naikwadi
    • Liyakhatahmed Muktharahmed Naikwadi
    • Rukasana Naikwadi

  • What is the registered address of Micon Engineers (Hubli) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Micon Engineers (Hubli) Private Limited is Plot.No-110 And 111 Rayapur Industrial Area Kiadb, India, Dharwad, Karnataka, 580009.

  • What is the corporate identification number (CIN) and company number of Micon Engineers (Hubli) Private Limited?

    The corporate identification number (CIN) of Micon Engineers (Hubli) Private Limited is U29120KA2006PTC038765 and the company number is 038765 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Micon Engineers (Hubli) Private Limited?

    The Official website of Micon Engineers (Hubli) Private Limited is https://www.miconvalveshubli.com

  • What has been the recent revenue trend for Micon Engineers (Hubli) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Micon Engineers (Hubli) Private Limited has risen by 27.49%.

  • How many employees does Micon Engineers (Hubli) Private Limited currently have?

    As Per 2023 financial reports, 111 employees are currently employed by Micon Engineers (Hubli) Private Limited.

  • What change has been observed in the net worth of Micon Engineers (Hubli) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Micon Engineers (Hubli) Private Limited has experienced an upsurge of 13.91%.

  • What are the total open charges for Micon Engineers (Hubli) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Micon Engineers (Hubli) Private Limited amount to ₹ 37.66 Cr.

  • When was the last Balance Sheet of Micon Engineers (Hubli) Private Limited filed with the ROC?

    The most recent Balance Sheet for Micon Engineers (Hubli) Private Limited was filed with the ROC on 31 Mar 2024.

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