Micon Valves (India) Private Limited

Manufacturer of industrial valves for power, petrochemical, and fertilizer industries.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: July 26, 2024

Micon Valves (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.16 Cr
  • Satisfied Charges ₹ 4.96 M
  • Revenue Growth 14.44%
  • Profit Growth 12.14%
  • Ebitda 63.04%
  • Net Worth -12.25%
  • Total Assets 27.22%

About Micon Valves (India)

Micon Valves (India) Private Limited (MVIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 June 1998 and has a history of 26 years and eight months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹12.16 Cr. The company has closed loans amounting to ₹4.96 M, as per Ministry of Corporate Affairs (MCA) records.

Mohmd Sheikh and Ishrat Sheikh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    miconvalves.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29120MH1998PTC115287

  • Company No.

    115287

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Micon Valves (India) Private Limited offer?

Micon Valves (India) Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Globe Valves, Industrial Valves, Separators, Strainers & Purifiers, Strainers, Ball Valves, Butterfly Valves, Gate & Sluice Valves, Check Valves, Metal Valve.

Who are the key members and board of directors at Micon Valves (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohmd Sheikh Country flag representing In Managing Director19-Jun-1998Current

Board Members (1)

NameDesignationAppointment DateStatus
Ishrat Sheikh Country flag representing In Director 19-Jun-1998Current

Financial Performance of Micon Valves (India).

Micon Valves (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.44% increase. The company also saw a substantial improvement in profitability, with a 12.14% increase in profit. The company's net worth observed a substantial decline by a decrease of 12.25%.

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
14.44%
Revenue from Operations
16.08%
Total Assets
27.22%
Profit or Loss
12.14%
Net Worth
-12.25%
EBITDA
63.04%

What is the Ownership and Shareholding Structure of Micon Valves (India)?

In 2023, Micon Valves (India) 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

₹12.16 Cr

Satisfied Charges

₹0.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.16 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jul 2021Others₹2.03 MOpen
30 Dec 2014Others₹3.77 CrOpen
27 Mar 2014Others₹8.19 CrOpen
31 Oct 2008State Bank Of Mysore₹1.50 MSatisfied
23 Mar 2004State Bank Of Mysore₹3.46 MSatisfied

How Many Employees Work at Micon Valves (India)?

Micon Valves (India) has a workforce of 0 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Micon Valves (India), 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 Valves (India)'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 Valves (India)

Recent activity within the organization

  • Annual General Meeting

    Micon Valves (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Micon Valves (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 8.19 Cr registered on 27 Mar 2014 with Charge ID 10534052 was modified on 04 Mar 2023.

    04 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100464947 was registered on 20 Jul 2021.

    20 Jul 2021

  • Charges

    A charge registered on 31 Oct 2008 via Charge ID 10168221 with State Bank Of Mysore was fully satisfied on 29 Jun 2021.

    29 Jun 2021

  • Charges

    A charge with Others of Rs. 3.77 Cr registered on 30 Dec 2014 with Charge ID 10543632 was modified on 31 Mar 2021.

    31 Mar 2021

Frequently asked questions

  • What is the Incorporation or founding date of Micon Valves (India) Private Limited?

    Micon Valves (India) Private Limited was incorporated on 09 Jun 1998.

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

    The authorized share capital of Micon Valves (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

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

    Currently 2 directors are associated with Micon Valves (India) Private Limited.

    • Mohmd Ilyas Mohmdyusuf Sheikh
    • Ishrat Khatoon Sheikh
  • What is the registered address of Micon Valves (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Micon Valves (India) Private Limited is Wadi Manzil Room No 7Lady Jamshedji Road Mahim West, Mumbai, Maharashtra, India, 400016.

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

    The corporate identification number (CIN) of Micon Valves (India) Private Limited is U29120MH1998PTC115287 and the company number is 115287 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Micon Valves (India) Private Limited?

    The Official website of Micon Valves (India) Private Limited is https://www.miconvalves.in

  • What has been the recent revenue trend for Micon Valves (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Micon Valves (India) Private Limited has risen by 14.44%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Micon Valves (India) Private Limited has experienced an downturn of -12.25%.

  • What are the total open charges for Micon Valves (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Micon Valves (India) Private Limited amount to ₹ 12.16 Cr.

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

    The most recent Balance Sheet for Micon Valves (India) Private Limited was filed with the ROC on 31 Mar 2023.

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