Micon Engineers (Hubli) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 16-07-2024
- Paid Up Capital ₹ 2.78 Cr
as on 16-07-2024
- Company Age 18 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.41 Cr
as on 16-07-2024
- Satisfied Charges ₹ 6.09 Cr
as on 16-07-2024
- Revenue 27.49%
(FY 2023)
- Profit 26.79%
(FY 2023)
- Ebitda 40.29%
(FY 2023)
- Net Worth 13.91%
(FY 2023)
- Total Assets 24.96%
(FY 2023)
About Micon Engineers (Hubli)
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 2023. 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 ₹31.41 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.
- CIN/LLPIN
U29120KA2006PTC038765
- Company No.
038765
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
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.
Who are the key members and board of directors at Micon Engineers (Hubli)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anis Naikwadi  | Managing Director | 17-Mar-2006 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shamsheer Naikwadi | Director | 17-Mar-2006 | Current |
| Irfan Naikwadi | Director | 17-Mar-2006 | Current |
| Abdulqayyum Naikwadi | Director | 17-Mar-2006 | Current |
| Liyakhatahmed Naikwadi | Director | 17-Mar-2006 | Current |
| Rukasana Naikwadi | Director | 06-Oct-2020 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Tech Flow Valves (India) Private Limited
Active 18 years 7 monthsAnis Naikwadi, Shamsheer Naikwadi and 4 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Canara Bank Creation Date: 01 Sep 2023 | ₹3.12 M | Open |
Karnataka State Financial Corporation Creation Date: 03 Jan 2023 | ₹1.00 Cr | Open |
Canara Bank Creation Date: 23 Aug 2022 | ₹2.57 M | Open |
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.
Deals i
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
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
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.
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