Microfinish Valves Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.98 M
- Company Age 41 Year, 10 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 41 years and ten 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
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.
Who are the key members and board of directors at Microfinish Valves?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Vikamshi  | Managing Director | 20-Mar-1983 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tilak Vikamshi | Whole-Time Director | 18-Mar-1996 | Current |
| Jaya Sali | Director | 01-Apr-1997 | Current |
| Mahendra Vikamshi | Whole-Time Director | 20-Mar-1983 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Vikamshi Fabrics Pvt LtdTilak Vikamshi is a mutual person
Ivama AssociationTilak Vikamshi is a mutual person
Microfinish Pumps 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)
₹64.40 Cr
₹9.49 Cr
Charges Breakdown by Lending Institutions
- Canara Bank : 55.00 Cr
- Hdfc Bank Limited : 9.40 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Oct 2023 | Hdfc Bank Limited | ₹2.90 Cr | Open |
| 29 Sep 2023 | Hdfc Bank Limited | ₹6.50 Cr | Open |
| 27 Feb 2009 | Canara Bank | ₹55.00 Cr | Open |
| 14 Oct 2019 | Canara Bank | ₹0.80 M | Satisfied |
| 31 Jan 2018 | Others | ₹0.60 M | Satisfied |
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.
Deals i
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
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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