Microtek Grinding Machines Profile
Key Indicators
- Authorised Capital ₹ 4.50 M
- Paid Up Capital ₹ 4.50 M
- Company Age 27 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.86 Cr
- Revenue Growth -25.91%
- Profit Growth -2.04%
- Ebitda -0.95%
- Net Worth 9.68%
- Total Assets -0.97%
About Microtek Grinding Machines
Microtek Grinding Machines Private Limited (MGMPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 December 1997 and has a history of 27 years and four months. Its registered office is in Bangalore, 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 4.50 M and a paid-up capital of Rs 4.50 M.
The company currently has active open charges totaling ₹4.86 Cr.
Kunchala Reddy and Kunchala Latha serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27320KA1997PTC023152
- Company No.
023152
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Dec 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
Microtek Grinding Machines Private Limited
Explore comprehensive data for Microtek Grinding Machines Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Microtek Grinding Machines?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunchala Reddy  | Managing Director | 12-Dec-1997 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Kunchala Latha | Whole-Time Director | 18-Jan-2003 | Current |
Financial Performance of Microtek Grinding Machines.
Microtek Grinding Machines Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.91% decrease. The company also saw a slight decrease in profitability, with a 2.04% decrease in profit. The company's net worth moved up by a moderate rise of 9.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Microtek Grinding Machines?
In 2023, Microtek Grinding Machines had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Praapti Machine Tools Private LimitedKunchala Reddy is a mutual person
Charges (Loans)
Open Charges
₹48.57 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Karnataka State Financial Corporation : 2.75 Cr
- Others : 1.60 Cr
- Vijaya Bank : 0.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2020 | Others | ₹1.00 M | Open |
| 07 Mar 2020 | Karnataka State Financial Corporation | ₹2.75 Cr | Open |
| 27 Apr 2018 | Vijaya Bank | ₹3.20 M | Open |
| 14 Mar 2012 | Vijaya Bank | ₹1.87 M | Open |
| 12 Apr 2006 | Others | ₹1.50 Cr | Open |
How Many Employees Work at Microtek Grinding Machines?
Microtek Grinding Machines has a workforce of 12 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 Microtek Grinding Machines, 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 Microtek Grinding Machines'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.
Latest Updates, News, and FAQs on Microtek Grinding Machines
Recent activity within the organization
- Annual General Meeting
Microtek Grinding Machines Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 15.00 M registered on 12 Apr 2006 with Charge ID 10003481 was modified on 27 Jul 2023.
- Balance Sheet
Microtek Grinding Machines Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 1.00 M with Charge ID 100335038 was registered on 20 Apr 2020.
- Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 27.50 M with Charge ID 100328830 was registered on 07 Mar 2020.
- Charges
A charge with Vijaya Bank amounted to Rs. 3.20 M with Charge ID 100203206 was registered on 27 Apr 2018.
Frequently asked questions
What is the Incorporation or founding date of Microtek Grinding Machines Private Limited?
Microtek Grinding Machines Private Limited was incorporated on 12 Dec 1997.
What is authorized share capital and paid-up capital of Microtek Grinding Machines Private Limited?
The authorized share capital of Microtek Grinding Machines Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.50 M.
Who are the current board members & directors of Microtek Grinding Machines Private Limited?
Currently 2 directors are associated with Microtek Grinding Machines Private Limited.
- Kunchala Sreenivasulu Reddy
- Kunchala Asha Latha
What is the registered address of Microtek Grinding Machines Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Microtek Grinding Machines Private Limited is Sb-57 2Nd Cross 1St Stage Peenya, Bangalore, Karnataka, India, 560058.
What is the corporate identification number (CIN) and company number of Microtek Grinding Machines Private Limited?
The corporate identification number (CIN) of Microtek Grinding Machines Private Limited is U27320KA1997PTC023152 and the company number is 023152 as per Ministry of Corporate Affairs (MCA).
What is the official website of Microtek Grinding Machines Private Limited?
The Official website of Microtek Grinding Machines Private Limited is https://www.microtekgrinding.com
What has been the recent revenue trend for Microtek Grinding Machines Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Microtek Grinding Machines Private Limited has fallen by -25.91%.
How many employees does Microtek Grinding Machines Private Limited currently have?
As Per 2023 financial reports, 12 employees are currently employed by Microtek Grinding Machines Private Limited.
What change has been observed in the net worth of Microtek Grinding Machines Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Microtek Grinding Machines Private Limited has experienced an upsurge of 9.68%.
What are the total open charges for Microtek Grinding Machines Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Microtek Grinding Machines Private Limited amount to ₹ 4.86 Cr.
When was the last Balance Sheet of Microtek Grinding Machines Private Limited filed with the ROC?
The most recent Balance Sheet for Microtek Grinding Machines Private Limited was filed with the ROC on 31 Mar 2023.
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