Microtek Grinding Machines Private Limited logo

Microtek Grinding Machines Private Limited

Manufacturer of metal products, specializing in cylindrical grinders for various industries.
1997 | Bangalore, Karnataka (India) | Active

Last Updated:

July 16, 2024
HomeCompanyMicrotek Grinding Machines Private Limited

Who are the key members and board of directors at Microtek Grinding Machines?

Executive Team (1)

NameDesignationAppointment DateStatus
Kunchala Reddy InManaging Director12-Dec-1997Current

Board Members(1)

NameDesignationAppointment DateStatus
Kunchala Latha In Whole-Time Director 18-Jan-2003Current

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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-25.91%
Revenue from Operations
-25.98%
Total Assets
-0.97%
Profit or Loss
-2.04%
Net Worth
9.68%
EBITDA
-0.95%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹48.57 M

LenderAmountStatus

Others

Creation Date: 20 Apr 2020
₹1.00 MOpen

Karnataka State Financial Corporation

Creation Date: 07 Mar 2020
₹2.75 CrOpen

Vijaya Bank

Creation Date: 27 Apr 2018
₹3.20 MOpen

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.

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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.

    30 Sep 2023

  • 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.

    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.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100335038 was registered on 20 Apr 2020.

    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.

    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.

    27 Apr 2018

Frequently asked questions

  • Microtek Grinding Machines Private Limited was incorporated on 12 Dec 1997.

  • The authorized share capital of Microtek Grinding Machines Private Limited is ₹ 4.50 M and paid-up capital is ₹ 4.50 M.

  • Currently 2 directors are associated with Microtek Grinding Machines Private Limited.

    • Kunchala Sreenivasulu Reddy
    • Kunchala Asha Latha
  • 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.

  • 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).

  • The Official website of Microtek Grinding Machines Private Limited is https://www.microtekgrinding.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Microtek Grinding Machines Private Limited has fallen by -25.91%.

  • As Per 2023 financial reports, 12 employees are currently employed by Microtek Grinding Machines Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Microtek Grinding Machines Private Limited amount to ₹ 4.86 Cr.

  • The most recent Balance Sheet for Microtek Grinding Machines Private Limited was filed with the ROC on 31 Mar 2023.

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