Micro Ion-Coating Private Limited

Specializes in ion coating and plating for various metals since 2005.

2005 | Rajkot, Gujarat (India) | Active
Last Updated: December 20, 2024

Micro Ion-Coating Profile

Key Indicators

  • Authorised Capital ₹ 3.25 Cr
  • Paid Up Capital ₹ 3.25 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 23.19 Cr
  • Satisfied Charges ₹ 9.33 M
  • Revenue Growth 172.23%
  • Profit Growth 208.83%
  • Ebitda 964.77%
  • Net Worth 188.82%
  • Total Assets 10.17%

About Micro Ion-Coating

Micro Ion-Coating Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 September 2005 and has a history of 19 years and five months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Metals And Minerals 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 3.25 Cr and a paid-up capital of Rs 3.25 Cr.

The company currently has active open charges totaling ₹23.19 Cr. The company has closed loans amounting to ₹9.33 M, as per Ministry of Corporate Affairs (MCA) records.

Rajnikant Bhanvadia, Harsh Bhanvadia, and Neel Bhanvadia serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28920GJ2005PTC046689

  • Company No.

    046689

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Metals and Minerals

Who are the key members and board of directors at Micro Ion-Coating?

Board Members (3)

Name Designation Appointment Date Status
Neel Bhanvadia Country flag representing In Director 20-Aug-2015 Current
Rajnikant Bhanvadia Country flag representing In Director 10-Oct-2005 Current
Harsh Bhanvadia Country flag representing In Director 20-Aug-2015 Current

Financial Performance of Micro Ion-Coating.

Micro Ion-Coating Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 172.23% increase. The company also saw a substantial improvement in profitability, with a 208.83% increase in profit. The company's net worth Soared by an impressive increase of 188.82%.

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
172.23%
Revenue from Operations
192.60%
Total Assets
10.17%
Profit or Loss
208.83%
Net Worth
188.82%
EBITDA
964.77%

What is the Ownership and Shareholding Structure of Micro Ion-Coating?

In 2022, Micro Ion-Coating 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

₹23.19 Cr

Satisfied Charges

₹0.93 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.30 Cr
  • Sidbi : 6.50 Cr
  • Hdfc Bank Limited : 3.39 Cr

Latest Charge Details

Date Lender Amount Status
05 Aug 2024 Sidbi ₹4.00 Cr Open
11 Jul 2024 Hdfc Bank Limited ₹0.69 M Open
08 Jul 2024 Hdfc Bank Limited ₹2.61 M Open
21 Feb 2024 Sidbi ₹1.00 Cr Open
07 Feb 2023 Sidbi ₹1.50 Cr Open

How Many Employees Work at Micro Ion-Coating?

Micro Ion-Coating has a workforce of 304 employees as of Apr 01, 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 Micro Ion-Coating, 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 Micro Ion-Coating'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 Micro Ion-Coating

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 4.00 Cr with Charge ID 100965813 was registered on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.07 Cr with Charge ID 100949014 was registered on 11 Jul 2024.

    11 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 100950761 was registered on 08 Jul 2024.

    08 Jul 2024

  • Charges

    A charge with Sidbi of Rs. 1.00 Cr registered on 21 Feb 2024 with Charge ID 100876519 was modified on 07 Mar 2024.

    07 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100876519 was registered on 21 Feb 2024.

    21 Feb 2024

  • Annual General Meeting

    Micro Ion-Coating Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

Frequently asked questions

  • Micro Ion-Coating Private Limited was incorporated on 01 Sep 2005.

  • The authorized share capital of Micro Ion-Coating Private Limited is ₹ 3.25 Cr and paid-up capital is ₹ 3.25 Cr.

  • Currently 3 directors are associated with Micro Ion-Coating Private Limited.

    • Rajnikant Himatlal Bhanvadia
    • Harsh Pramodbhai Bhanvadia
    • Neel Rajnikant Bhanvadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Micro Ion-Coating Private Limited is 30 Samrat Industrial Estatestar Horological Industries Behind P T Colony S Workshop Rajkot India, Workshop Rajkot, Gujarat, 360004.

  • The corporate identification number (CIN) of Micro Ion-Coating Private Limited is U28920GJ2005PTC046689 and the company number is 046689 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Micro Ion-Coating Private Limited is https://www.microionindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Micro Ion-Coating Private Limited has risen by 172.23%.

  • As Per 2022 financial reports, 304 employees are currently employed by Micro Ion-Coating Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Micro Ion-Coating Private Limited has experienced an upsurge of 188.82%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Micro Ion-Coating Private Limited amount to ₹ 23.19 Cr.

  • The most recent Balance Sheet for Micro Ion-Coating Private Limited was filed with the ROC on 31 Mar 2023.

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