Migatronic India Private Limited

Manufacturer and trader of welding machines and spares for various industries, with ISO 9001 certification.

1999 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Migatronic India Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.10 Cr
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 31.03%
  • Profit Growth -231.20%
  • Ebitda -77.95%
  • Net Worth -19.20%
  • Total Assets 16.50%

About Migatronic India

Migatronic India Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 September 1999 and has a history of 25 years and five months. Its registered office is in Kanchipuram, Tamil Nadu, 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 3.00 Cr and a paid-up capital of Rs 2.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manu Gulati and Kristian Madsen serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    migatronic.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27108TN1999PTC069389

  • Company No.

    069389

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Sep 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

What products or services does Migatronic India Private Limited offer?

Migatronic India Private Limited offers a wide range of products and services, including Gas Welder, TIG Welding Machine, MIG Welding Machine, MAG Welding Machine, Welding Torches, MIG Welding Torch, Welding Machine, Inverter Welding Machine, TIG Welding Torch, Welding Equipments & Machinery.

Who are the key members and board of directors at Migatronic India?

Board Members (2)

NameDesignationAppointment DateStatus
Manu Gulati Country flag representing In Whole-Time Director 12-Oct-2010Current
Kristian Madsen Country flag representing Dk Director 01-Oct-2021Current

Financial Performance of Migatronic India.

Migatronic India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.03% increase. The company also saw a substantial fall in profitability, with a 231.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.2%.

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
31.03%
Revenue from Operations
31.45%
Total Assets
16.50%
Profit or Loss
-231.20%
Net Worth
-19.20%
EBITDA
-77.95%

What is the Ownership and Shareholding Structure of Migatronic India?

In 2023, Migatronic India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Migatronic India?

Unlock and access historical data on people associated with Migatronic India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Migatronic India, 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 Migatronic India'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 Migatronic India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Kristian Morberg Madsen was appointed as a Director was appointed as a Director on 01 Oct 2021 & has been associated with this company since 3 years 4 months .

    01 Oct 2021

  • Director Appointment

    Manu Gulati was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Oct 2010 & has been associated with this company since 14 years 4 months .

    12 Oct 2010

  • Company Incorporation

    Migatronic India Private Limited was registered on 07 Sep 1999 with Roc Chennai & aged 25 years 5 months as per MCA records.

    07 Sep 1999

Frequently asked questions

  • Migatronic India Private Limited was incorporated on 07 Sep 1999.

  • The authorized share capital of Migatronic India Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.10 Cr.

  • Currently 2 directors are associated with Migatronic India Private Limited.

    • Manu Gulati
    • Kristian Morberg Madsen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Migatronic India Private Limited is No.22 39/20H Sowri Street Alandur, India, Chennai, Tamil Nadu, 600016.

  • The corporate identification number (CIN) of Migatronic India Private Limited is U27108TN1999PTC069389 and the company number is 069389 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Migatronic India Private Limited is https://www.migatronic.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Migatronic India Private Limited has risen by 31.03%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Migatronic India Private Limited has experienced an downturn of -19.20%.

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

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