Micromatic Grinding Technologies Private Limited

Manufacturer of precision grinding machines for various industries, including automotive and aerospace.

1982 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated:

Micromatic Grinding Technologies Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 9.14 M
  • Company Age 42 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 51.39 Cr
  • Satisfied Charges ₹ 22.10 Cr
  • Revenue Growth 70.76%
  • Profit Growth 579.68%
  • Ebitda 106.73%
  • Net Worth 36.92%
  • Total Assets 18.97%

About Micromatic Grinding Technologies

Micromatic Grinding Technologies Private Limited (MGTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1982 and has a history of 42 years and 11 months. Its registered office is in Ghaziabad, Uttar Pradesh, India.

The Corporate was formerly known as Micromatic Grinding Technologies 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 3.00 Cr and a paid-up capital of Rs 9.14 M.

The company currently has active open charges totaling ₹51.39 Cr. The company has closed loans amounting to ₹22.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Neelam Dhand, Narendra Dhand, Kapil Dhand, and Three other members serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899UP1982PTC157345

  • Company No.

    042422

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1982

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Machinery and Equipment

What products or services does Micromatic Grinding Technologies Private Limited offer?

Micromatic Grinding Technologies Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, CNC Machines, Cutting Tools & Milling Cutter, Carbide Cutting Tools, Milling & Grinding Tools, Grinding Machines.

Who are the key members and board of directors at Micromatic Grinding Technologies?

Executive Team (1)

NameDesignationAppointment DateStatus
Kapil Dhand Country flag representing In Managing Director05-Oct-2005Current

Board Members (5)

NameDesignationAppointment DateStatus
Surender Kakkar Country flag representing In Director 12-Feb-2019Current
Kaleginanaoor Sharma Country flag representing In Director 01-Oct-2022Current
Neelam Dhand Country flag representing In Whole-Time Director 15-May-1982Current
Narendra Dhand Country flag representing In Director 31-Mar-1982Current
Pooja Malhotra Country flag representing In Director 12-Feb-2019Current

Financial Performance of Micromatic Grinding Technologies.

Micromatic Grinding Technologies Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 70.76% increase. The company also saw a substantial improvement in profitability, with a 579.68% increase in profit. The company's net worth Soared by an impressive increase of 36.92%.

Micromatic Grinding Technologies revenue growth over time
Micromatic Grinding Technologies 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
70.76%
Revenue from Operations
55.22%
Total Assets
18.97%
Profit or Loss
579.68%
Net Worth
36.92%
EBITDA
106.73%

What is the Ownership and Shareholding Structure of Micromatic Grinding Technologies?

In 2023, Micromatic Grinding Technologies 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

₹51.39 Cr

Satisfied Charges

₹22.10 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 27.83 Cr
  • Hdfc Bank Limited : 12.00 Cr
  • Others : 10.00 Cr
  • Picup Moti Mahal : 0.89 Cr
  • The Pradeshiya Industrial & Investment Co-Op Of U.P. Ltd. : 0.39 Cr
  • Others : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
06 May 2024Hdfc Bank Limited₹12.00 CrOpen
11 Jul 2022Canara Bank₹5.80 MOpen
09 Jul 2021Others₹10.00 CrOpen
21 Feb 1997The Pradeshiya Industrial And Investment Corporation Of U.P.₹2.73 MOpen
28 Jul 1994The Pradeshiya Industrial & Investment Co-Op Of U.P. Ltd.₹3.92 MOpen

How Many Employees Work at Micromatic Grinding Technologies?

Micromatic Grinding Technologies has a workforce of 342 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.

Employee growth trends for Micromatic Grinding Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Micromatic Grinding Technologies, 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 Micromatic Grinding Technologies'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 Micromatic Grinding Technologies

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100926994 was registered on 06 May 2024.

  • Charges

    A charge registered on 14 Oct 2019 via Charge ID 100305324 with Canara Bank was fully satisfied on 02 May 2024.

  • Charges

    A charge with Others of Rs. 10.00 Cr registered on 09 Jul 2021 with Charge ID 100474407 was modified on 29 Nov 2023.

  • Annual General Meeting

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

  • Balance Sheet

    Micromatic Grinding Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.58 Cr with Charge ID 100590757 was registered on 11 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Micromatic Grinding Technologies Private Limited?

    Micromatic Grinding Technologies Private Limited was incorporated on 31 Mar 1982.

  • What is authorized share capital and paid-up capital of Micromatic Grinding Technologies Private Limited?

    The authorized share capital of Micromatic Grinding Technologies Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 9.14 M.

  • Who are the current board members & directors of Micromatic Grinding Technologies Private Limited?

    Currently 6 directors are associated with Micromatic Grinding Technologies Private Limited.

    • Neelam Dhand
    • Narendra Kumar Dhand
    • Kapil Dhand
    • Pooja Rahul Malhotra
    • Surender Kumar Kakkar
    • Kaleginanaoor Chandrashekhar Sharma

  • What is the registered address of Micromatic Grinding Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Micromatic Grinding Technologies Private Limited is C-27 28 Industrial Area, Meerut Road India, Ghaziabad, Uttar Pradesh, 201003.

  • What is the corporate identification number (CIN) and company number of Micromatic Grinding Technologies Private Limited?

    The corporate identification number (CIN) of Micromatic Grinding Technologies Private Limited is U74899UP1982PTC157345 and the company number is 042422 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Micromatic Grinding Technologies Private Limited?

    The Official website of Micromatic Grinding Technologies Private Limited is https://www.micromaticgrinding.com

  • What has been the recent revenue trend for Micromatic Grinding Technologies Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Micromatic Grinding Technologies Private Limited has risen by 70.76%.

  • How many employees does Micromatic Grinding Technologies Private Limited currently have?

    As Per 2022 financial reports, 342 employees are currently employed by Micromatic Grinding Technologies Private Limited.

  • What change has been observed in the net worth of Micromatic Grinding Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Micromatic Grinding Technologies Private Limited has experienced an upsurge of 36.92%.

  • What are the total open charges for Micromatic Grinding Technologies Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Micromatic Grinding Technologies Private Limited amount to ₹ 51.39 Cr.

  • When was the last Balance Sheet of Micromatic Grinding Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Micromatic Grinding Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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