Minilec (India) Profile
Key Indicators
- Authorised Capital ₹ 5.41 Cr
- Paid Up Capital ₹ 1.41 M
- Company Age 33 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.40 Cr
- Satisfied Charges ₹ 28.61 Cr
- Revenue Growth 19.01%
- Profit Growth 46.89%
- Ebitda 4.91%
- Net Worth 13.49%
- Total Assets 5.52%
About Minilec (India)
Minilec (India) Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 January 1992 and has a history of 33 years and two months. Its registered office is in Dist Pune, Maharashtra.
The Corporate was formerly known as Minilec Marketing Services Private 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 2024. It's a company limited by shares with an authorized capital of Rs 5.41 Cr and a paid-up capital of Rs 1.41 M.
The company currently has active open charges totaling ₹6.40 Cr. The company has closed loans amounting to ₹28.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Smita Ghaisas, Swati Ghaisas, Sanjay Patwardhan, and Two other members serve as directors at the Company.
Company Details
- Location Dist Pune, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51999PN1992PTC065054
- Company No.
065054
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Jan 1992
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Machinery and Equipment
What products or services does Minilec (India) Private Limited offer?
Minilec (India) Private Limited offers a wide range of products and services, including Relays and Contactors, Ground & Phase Protection Relay, Transformers & Transformer Parts, Electronic Transformers, Sensors & Transducers, Thermistor, Relays, Industrial Relay, Process Control Systems & Equipments, Level Controllers.
Who are the key members and board of directors at Minilec (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Ghaisas  | Managing Director | 05-Jul-2019 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swati Ghaisas | Whole-Time Director | 17-Aug-2005 | Current |
| Smita Ghaisas | Whole-Time Director | 24-Jan-1992 | Current |
| Sanjay Patwardhan | Whole-Time Director | 05-Jul-2019 | Current |
| Yashavant Ghaisas | Whole-Time Director | 05-Jul-2019 | Current |
Financial Performance of Minilec (India).
Minilec (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.01% increase. The company also saw a substantial improvement in profitability, with a 46.89% increase in profit. The company's net worth Soared by an impressive increase of 13.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Minilec (India)?
In 2023, Minilec (India) had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Yashprabha Agro Private LimitedSmita Ghaisas, Amit Ghaisas and 1 more are mutual person
Statfield (India) Private LimitedSwati Ghaisas, Amit Ghaisas and 1 more are mutual person
Shalaka Electronics Pvt.Ltd.Smita Ghaisas, Swati Ghaisas and 1 more are mutual person
Minilec Protective Relay Pvt LtdSmita Ghaisas, Sanjay Patwardhan and 1 more are mutual person
Intech Surface Coating Private LimitedSwati Ghaisas and Amit Ghaisas are mutual person
Intech Auto-Stores And Conveyors Private LimitedSmita Ghaisas and Yashavant Ghaisas are mutual person
Charges (Loans)
Open Charges
₹6.40 Cr
Satisfied Charges
₹28.61 Cr
Charges Breakdown by Lending Institutions
- Others : 6.10 Cr
- State Bank Of India : 0.21 Cr
- Saraswat Co-Operative Bank Ltd.Plt No.12 : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2024 | Others | ₹8.35 M | Open |
| 18 Jun 2024 | Others | ₹1.10 M | Open |
| 01 Sep 2023 | Others | ₹3.91 Cr | Open |
| 02 Sep 2022 | Others | ₹1.30 M | Open |
| 22 Feb 2019 | Others | ₹2.53 M | Open |
How Many Employees Work at Minilec (India)?
Minilec (India) has a workforce of 199 employees as of Apr 03, 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 Minilec (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 Minilec (India)'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 Minilec (India)
Recent activity within the organization
- Annual General Meeting
Minilec (India) Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 0.83 Cr with Charge ID 100978761 was registered on 26 Aug 2024.
- Charges
A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100945632 was registered on 18 Jun 2024.
- Balance Sheet
Minilec (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Others amounted to Rs. 3.91 Cr with Charge ID 100801171 was registered on 01 Sep 2023.
- Charges
A charge registered on 21 Aug 2015 via Charge ID 10589956 with The Kalyan Janata Sahakari Bank Limited was fully satisfied on 24 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Minilec (India) Private Limited?
Minilec (India) Private Limited was incorporated on 24 Jan 1992.
What is authorized share capital and paid-up capital of Minilec (India) Private Limited?
The authorized share capital of Minilec (India) Private Limited is ₹ 5.41 Cr and paid-up capital is ₹ 1.41 M.
Who are the current board members & directors of Minilec (India) Private Limited?
Currently 5 directors are associated with Minilec (India) Private Limited.
- Smita Yashwant Ghaisas
- Swati Amit Ghaisas
- Sanjay Ganesh Patwardhan
- Amit Yashavant Ghaisas
- Yashavant Gopal Ghaisas
What is the registered address of Minilec (India) Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Minilec (India) Private Limited is 1073/123 Pirangoot Tal Mulshi India, Dist Pune, Maharashtra, 412111.
What is the corporate identification number (CIN) and company number of Minilec (India) Private Limited?
The corporate identification number (CIN) of Minilec (India) Private Limited is U51999PN1992PTC065054 and the company number is 065054 as per Ministry of Corporate Affairs (MCA).
What is the official website of Minilec (India) Private Limited?
The Official website of Minilec (India) Private Limited is https://www.minilecgroup.com
What has been the recent revenue trend for Minilec (India) Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Minilec (India) Private Limited has risen by 19.01%.
How many employees does Minilec (India) Private Limited currently have?
As Per 2023 financial reports, 199 employees are currently employed by Minilec (India) Private Limited.
What change has been observed in the net worth of Minilec (India) Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Minilec (India) Private Limited has experienced an upsurge of 13.49%.
What are the total open charges for Minilec (India) Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Minilec (India) Private Limited amount to ₹ 6.40 Cr.
When was the last Balance Sheet of Minilec (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Minilec (India) Private Limited was filed with the ROC on 31 Mar 2024.
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