Microfinish Valves Private Limited

Manufacturer of valves, pumps, actuators, and automation for various industries.

1983 | Gokul Road, Hubli, Karnataka (India) | Active
Last Updated:

Microfinish Valves Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.98 M
  • Company Age 42 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.40 Cr
  • Satisfied Charges ₹ 9.49 Cr
  • Revenue Growth 70.06%
  • Profit Growth 176.03%
  • Ebitda 135.71%
  • Net Worth 21.60%
  • Total Assets 17.84%

About Microfinish Valves

Microfinish Valves Private Limited (MVPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 March 1983 and has a history of 42 years and two months. Its registered office is in Gokul Road, Hubli, Karnataka, India.

The Corporate was formerly known as Microfinish Valves Limited. 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 1.00 Cr and a paid-up capital of Rs 9.98 M.

The company currently has active open charges totaling ₹64.40 Cr. The company has closed loans amounting to ₹9.49 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

    Gokul Road, Hubli, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120KA1983PTC005209

  • Company No.

    005209

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Mar 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Microfinish Valves Private Limited offer?

Microfinish Valves Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Ball Valves, Pumps, Pumping Machines & Spares, Sewage Pump, Industrial Valves, Knife Gate Valves, Water Pumps, Suction Pumps, Sanitary Pump, Globe Valves.

Company report

Microfinish Valves Private Limited

Explore comprehensive data for Microfinish Valves Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Microfinish Valves?

Executive Team (1)

NameDesignationAppointment DateStatus
Deepak Vikamshi Country flag representing In Managing Director20-Mar-1983Current

Board Members (3)

NameDesignationAppointment DateStatus
Tilak Vikamshi Country flag representing In Whole-Time Director 18-Mar-1996Current
Jaya Sali Country flag representing In Director 01-Apr-1997Current
Mahendra Vikamshi Country flag representing In Whole-Time Director 20-Mar-1983Current

Financial Performance of Microfinish Valves.

Microfinish Valves Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 70.06% increase. The company also saw a substantial improvement in profitability, with a 176.03% increase in profit. The company's net worth Soared by an impressive increase of 21.6%.

Microfinish Valves revenue growth over time
Microfinish Valves 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
70.06%
Revenue from Operations
68.62%
Total Assets
17.84%
Profit or Loss
176.03%
Net Worth
21.60%
EBITDA
135.71%

What is the Ownership and Shareholding Structure of Microfinish Valves?

In 2023, Microfinish Valves had a promoter holding of 74.99% and a public holding of 25.01%. The company had 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.40 Cr

Satisfied Charges

₹9.49 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 55.00 Cr
  • Hdfc Bank Limited : 9.40 Cr

Latest Charge Details

DateLenderAmountStatus
11 Oct 2023Hdfc Bank Limited₹2.90 CrOpen
29 Sep 2023Hdfc Bank Limited₹6.50 CrOpen
27 Feb 2009Canara Bank₹55.00 CrOpen
14 Oct 2019Canara Bank₹0.80 MSatisfied
31 Jan 2018Others₹0.60 MSatisfied

How Many Employees Work at Microfinish Valves?

Microfinish Valves has a workforce of 198 employees as of Mar 30, 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.

Employee growth trends for Microfinish Valves Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Microfinish Valves, 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 Valves'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 Microfinish Valves

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.90 Cr with Charge ID 100806958 was registered on 11 Oct 2023.

  • Annual General Meeting

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.50 Cr with Charge ID 100806957 was registered on 29 Sep 2023.

  • Balance Sheet

    Microfinish Valves Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Charges

    A charge registered on 24 Dec 2008 via Charge ID 10137392 with Canara Bank was fully satisfied on 18 Mar 2023.

  • Charges

    A charge with Canara Bank of Rs. 55.00 Cr registered on 27 Feb 2009 with Charge ID 10146108 was modified on 04 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Microfinish Valves Private Limited?

    Microfinish Valves Private Limited was incorporated on 10 Mar 1983.

  • What is authorized share capital and paid-up capital of Microfinish Valves Private Limited?

    The authorized share capital of Microfinish Valves Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.98 M.

  • Who are the current board members & directors of Microfinish Valves Private Limited?

    Currently 4 directors are associated with Microfinish Valves Private Limited.

    • Tilak Karamchand Vikamshi
    • Jaya Basayya Sali
    • Deepak Karamchand Vikamshi
    • Mahendra Karmchand Vikamshi

  • What is the registered address of Microfinish Valves Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Microfinish Valves Private Limited is B-161 162 Industrial EstateGokul Road Hubli, Karnataka, India, 580030.

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

    The corporate identification number (CIN) of Microfinish Valves Private Limited is U29120KA1983PTC005209 and the company number is 005209 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Microfinish Valves Private Limited?

    The Official website of Microfinish Valves Private Limited is https://www.microfinishgroup.com

  • What has been the recent revenue trend for Microfinish Valves Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Microfinish Valves Private Limited has risen by 70.06%.

  • How many employees does Microfinish Valves Private Limited currently have?

    As Per 2023 financial reports, 198 employees are currently employed by Microfinish Valves Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Microfinish Valves Private Limited has experienced an upsurge of 21.60%.

  • What are the total open charges for Microfinish Valves Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Microfinish Valves Private Limited amount to ₹ 64.40 Cr.

  • When was the last Balance Sheet of Microfinish Valves Private Limited filed with the ROC?

    The most recent Balance Sheet for Microfinish Valves Private Limited was filed with the ROC on 31 Mar 2023.

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