Microfinish Pumps Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.67 M
- Company Age 37 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.05 Cr
- Satisfied Charges ₹ 4.00 Cr
- Revenue Growth 20.85%
- Profit Growth 30.94%
- Ebitda 40.79%
- Net Worth 13.15%
- Total Assets 14.90%
About Microfinish Pumps
Microfinish Pumps Private Limited (MPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 July 1987 and has a history of 37 years and seven 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 2023. It's a company limited by shares with an authorized capital of Rs 1.50 M and a paid-up capital of Rs 0.67 M.
The company currently has active open charges totaling ₹10.05 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Tilak Vikamshi, Jaya Sali, Deepak Vikamshi, and One other member serve as directors at the Company.
Company Details
- Location
Dharwad, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29120KA1987PTC008467
- Company No.
008467
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jul 1987
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Microfinish Pumps?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendra Vikamshi  | Managing Director | 13-Jul-1987 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tilak Vikamshi | Whole-Time Director | 13-Jul-1987 | Current |
| Jaya Sali | Director | 01-Apr-1997 | Current |
| Deepak Vikamshi | Director | 18-Mar-1996 | Current |
Financial Performance of Microfinish Pumps.
Microfinish Pumps Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.85% increase. The company also saw a substantial improvement in profitability, with a 30.94% increase in profit. The company's net worth Soared by an impressive increase of 13.15%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Microfinish Pumps?
In 2023, Microfinish Pumps had a promoter holding of 75.00% and a public holding of 25.00%. The company had 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vikamshi Fabrics Pvt LtdTilak Vikamshi is a mutual person
Ivama AssociationTilak Vikamshi is a mutual person
Microfinish Valves Private LimitedTilak Vikamshi, Jaya Sali and 2 more are mutual person
- Microfinish Trading Private Limited
Tilak Vikamshi, Deepak Vikamshi and 1 more are mutual person
Distixx Protectors Private LimitedTilak Vikamshi is a mutual person
- Flowserve Microfinish Valves Private Limited
Tilak Vikamshi is a mutual person
Charges (Loans)
₹100.50 M
₹40.00 M
Charges Breakdown by Lending Institutions
- Canara Bank : 8.50 Cr
- Hdfc Bank Limited : 1.00 Cr
- Karnataka State Financial Corporation : 0.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Apr 2023 | Canara Bank | ₹8.50 Cr | Open |
| 05 Jul 2022 | Hdfc Bank Limited | ₹1.00 Cr | Open |
| 08 Feb 1988 | Karnataka State Financial Corporation | ₹5.50 M | Open |
| 08 Oct 1996 | Bank Of India | ₹2.57 Cr | Satisfied |
| 31 May 1991 | Bank Of India] | ₹3.30 M | Satisfied |
How Many Employees Work at Microfinish Pumps?
Microfinish Pumps has a workforce of 83 employees as of Apr 08, 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 Microfinish Pumps, 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 Microfinish Pumps'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.
