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Micon Valves (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 26-07-2024
- Paid Up Capital ₹ 2.00 Cr
as on 26-07-2024
- Company Age 26 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.16 Cr
as on 26-07-2024
- Satisfied Charges ₹ 4.96 M
as on 26-07-2024
- Revenue 14.44%
(FY 2023)
- Profit 12.14%
(FY 2023)
- Ebitda 63.04%
(FY 2023)
- Net Worth -12.25%
(FY 2023)
- Total Assets 27.22%
(FY 2023)
About Micon Valves (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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohmd Sheikh  | Managing Director | 19-Jun-1998 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ishrat Sheikh | Director | 19-Jun-1998 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Charges (Loans)
₹12.16 Cr
₹0.50 Cr
Charges Breakdown by Lending Institutions
- Others : 12.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jul 2021 | Others | ₹2.03 M | Open |
| 30 Dec 2014 | Others | ₹3.77 Cr | Open |
| 27 Mar 2014 | Others | ₹8.19 Cr | Open |
| 31 Oct 2008 | State Bank Of Mysore | ₹1.50 M | Satisfied |
| 23 Mar 2004 | State Bank Of Mysore | ₹3.46 M | Satisfied |
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.
Deals i
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
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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