Micon Engineers (Hubli) Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.78 Cr
- Company Age 18 Year, 10 Months
- 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 18 years and ten months. 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
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Location
Dharwad, Karnataka, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29120KA2006PTC038765
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Company No.
038765
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
17 Mar 2006
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
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
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Managing Director | 17-Mar-2006 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Shamsheer Naikwadi
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Director | 17-Mar-2006 | Current |
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Irfan Naikwadi
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Director | 17-Mar-2006 | Current |
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Abdulqayyum Naikwadi
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Director | 17-Mar-2006 | Current |
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Liyakhatahmed Naikwadi
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Director | 17-Mar-2006 | Current |
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Rukasana Naikwadi
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Director | 06-Oct-2020 | Current |
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%.
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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)
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Tech Flow Valves (India) Private LimitedAnis Naikwadi, Shamsheer Naikwadi and 4 more are mutual person
Charges (Loans)
₹37.66 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Apr 2024 | Canara Bank | ₹2.55 M | Open |
| 01 Sep 2023 | Canara Bank | ₹3.12 M | Open |
| 03 Jan 2023 | Karnataka State Financial Corporation | ₹1.00 Cr | Open |
| 23 Aug 2022 | Canara Bank | ₹2.57 M | Open |
| 13 Jul 2022 | Hdfc Bank Limited | ₹0.79 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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