Micron Fasteners Private Limited

Manufacturer of high-quality fasteners and precision auto components for automobiles and engines.

2004 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 12, 2024

Micron Fasteners Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 2.92 M
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.05 Cr
  • Revenue Growth -51.13%
  • Profit Growth -1201.72%
  • Ebitda -61.02%
  • Net Worth -72.47%
  • Total Assets -14.33%

About Micron Fasteners

Micron Fasteners Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 September 2004 and has a history of 20 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Automotive 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 3.50 M and a paid-up capital of Rs 2.92 M.

The company currently has active open charges totaling ₹3.05 Cr.

Thirukachur Viswanathan and Mohana Viswanathan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    micronfasteners.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28991TN2004PTC054338

  • Company No.

    054338

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Sep 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Automotive

Who are the key members and board of directors at Micron Fasteners?

Executive Team (1)

Name Designation Appointment Date Status
Thirukachur Viswanathan Country flag representing In Managing Director 27-Sep-2004 Current

Board Members (1)

Name Designation Appointment Date Status
Mohana Viswanathan Country flag representing In Director 03-Dec-2004 Current

Financial Performance of Micron Fasteners.

Micron Fasteners Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 51.13% decrease. The company also saw a substantial fall in profitability, with a 1201.72% decrease in profit. The company's net worth observed a substantial decline by a decrease of 72.47%.

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
-51.13%
Revenue from Operations
-51.17%
Total Assets
-14.33%
Profit or Loss
-1201.72%
Net Worth
-72.47%
EBITDA
-61.02%

What is the Ownership and Shareholding Structure of Micron Fasteners?

In 2020, Micron Fasteners 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

₹30.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.50 Cr
  • Hdfc Bank Limited : 0.55 Cr

Latest Charge Details

Date Lender Amount Status
02 Jun 2012 Hdfc Bank Limited ₹5.50 M Open
22 Aug 2007 Canara Bank ₹1.60 M Open
03 Nov 2005 Canara Bank ₹2.34 Cr Open

How Many Employees Work at Micron Fasteners?

Micron Fasteners has a workforce of 6 employees as of Apr 04, 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 Micron Fasteners, 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 Micron Fasteners'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 Micron Fasteners

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Micron Fasteners Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.50 M with Charge ID 10360300 was registered on 02 Jun 2012.

    02 Jun 2012

  • Charges

    A charge with Canara Bank amounted to Rs. 1.60 M with Charge ID 10068122 was registered on 22 Aug 2007.

    22 Aug 2007

  • Charges

    A charge with Canara Bank of Rs. 23.40 M registered on 03 Nov 2005 with Charge ID 90290913 was modified on 09 Jun 2007.

    09 Jun 2007

  • Charges

    A charge with Canara Bank amounted to Rs. 23.40 M with Charge ID 90290913 was registered on 03 Nov 2005.

    03 Nov 2005

Frequently asked questions

  • Micron Fasteners Private Limited was incorporated on 27 Sep 2004.

  • The authorized share capital of Micron Fasteners Private Limited is ₹ 3.50 M and paid-up capital is ₹ 2.92 M.

  • Currently 2 directors are associated with Micron Fasteners Private Limited.

    • Thirukachur Srinivasan Viswanathan
    • Mohana Viswanathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Micron Fasteners Private Limited is Plot No.26 3Rd Cross Streetvenkateswara Colony Kottivakkam, Chennai India, Chennai - 41, Tamil Nadu, 600041.

  • The corporate identification number (CIN) of Micron Fasteners Private Limited is U28991TN2004PTC054338 and the company number is 054338 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Micron Fasteners Private Limited is https://www.micronfasteners.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Micron Fasteners Private Limited has fallen by -51.13%.

  • As Per 2020 financial reports, 6 employees are currently employed by Micron Fasteners Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Micron Fasteners Private Limited has experienced an downturn of -72.47%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Micron Fasteners Private Limited amount to ₹ 3.05 Cr.

  • The most recent Balance Sheet for Micron Fasteners Private Limited was filed with the ROC on 31 Mar 2023.