Minilec (India) Profile
Key Indicators
- Authorised Capital ₹ 5.41 Cr
- Paid Up Capital ₹ 1.41 M
- Company Age 33 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.45 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 one month. Its registered office is in Dist Pune, Maharashtra, India.
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 2023. 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 ₹5.45 Cr. The company has closed loans amounting to ₹28.61 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Patwardhan, Swati Ghaisas, Amit Ghaisas, and Two other members serve as directors at the Company.
Company Details
- Location
Dist Pune, Maharashtra, India
- 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
13 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
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 | 23-Aug-2007 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Swati Ghaisas | Whole-Time Director | 17-Aug-2005 | Current |
| Sanjay Patwardhan | Whole-Time Director | 31-May-2013 | Current |
| Smita Ghaisas | Whole-Time Director | 24-Jan-1992 | Current |
| Yashavant Ghaisas | Whole-Time Director | 25-Oct-2002 | 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
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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 LimitedAmit Ghaisas, Smita Ghaisas and 1 more are mutual person
Statfield (India) Private LimitedSwati Ghaisas, Amit Ghaisas and 1 more are mutual person
Shalaka Electronics Pvt.Ltd.Swati Ghaisas, Smita Ghaisas and 1 more are mutual person
Minilec Protective Relay Pvt LtdSanjay Patwardhan, Smita Ghaisas 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)
₹5.45 Cr
₹28.61 Cr
Charges Breakdown by Lending Institutions
- Others : 5.15 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 |
|---|---|---|---|
| 01 Sep 2023 | Others | ₹3.91 Cr | Open |
| 02 Sep 2022 | Others | ₹1.30 M | Open |
| 22 Feb 2019 | Others | ₹2.53 M | Open |
| 05 Sep 2018 | Others | ₹7.83 M | Open |
| 04 May 2018 | Others | ₹0.77 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.
