Mipco Seamless Rings Gujarat Limited

Founded in 1980 and headquartered in Telangana, India.

1980 | Hyderabad, Telangana (India) | Active
Last Updated:

Mipco Seamless Rings Gujarat Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.58 Cr
  • Company Age 45 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.25 Cr
  • Satisfied Charges ₹ 18.41 Cr
  • Revenue Growth %
  • Profit Growth 73.26%
  • Ebitda 73.26%
  • Net Worth -3.03%
  • Total Assets %

About Mipco Seamless Rings Gujarat

Mipco Seamless Rings Gujarat Limited (MSRGL) is a Public Limited Indian Non-Government Company incorporated in India on 29 January 1980 and has a history of 45 years and one month. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505797.

The Company is engaged in the Information Technology 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 7.00 Cr and a paid-up capital of Rs 5.58 Cr.

The company currently has active open charges totaling ₹2.25 Cr. The company has closed loans amounting to ₹18.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mipco Seamless Rings Gujarat Limited India is Sridhar Dasara as CFO. Sachendra Tummala, Sanjiv Tandon, Sadhanala Rao, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L72900TS1980PLC186305

  • Company No.

    080581

  • Stock Symbol

    BSE : 505797

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Jan 1980

  • Date of AGM

    23 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

Who are the key members and board of directors at Mipco Seamless Rings Gujarat?

Executive Team (2)

NameDesignationAppointment DateStatus
Sachendra Tummala Country flag representing In Managing Director04-Dec-2010Current
Sridhar Dasara Country flag representing In CFO24-May-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Sanjiv Tandon Country flag representing In Director 04-Dec-2010Current
Sadhanala Rao Country flag representing In Director 18-Jul-2023Current
Nadella Sridevi Country flag representing In Director 31-Dec-2014Current
Raji Pulakamdla Director 30-Sep-2022Current

Financial Performance of Mipco Seamless Rings Gujarat.

Mipco Seamless Rings Gujarat Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 73.26% increase in profit. The company's net worth dipped by a decrease of 3.03%.

Mipco Seamless Rings Gujarat revenue growth over time
Mipco Seamless Rings Gujarat 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
Revenue from Operations
Total Assets
Profit or Loss
73.26%
Net Worth
-3.03%
EBITDA
73.26%

What is the Ownership and Shareholding Structure of Mipco Seamless Rings Gujarat?

In 2022, Mipco Seamless Rings Gujarat had a promoter holding of 43.62% and a public holding of 56.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.25 Cr

Satisfied Charges

₹18.41 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 2.25 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 1987Bank Of Baroda₹2.25 CrOpen
16 Dec 1999Asset Reconstruction Company (India) Limited₹6.50 CrSatisfied
25 Jan 1996Asset Reconstruction Company (India) Limited₹2.45 CrSatisfied
14 Jul 1995Asset Reconstruction Company (India) Limited₹2.00 CrSatisfied
07 Jun 1994Asset Reconstruction Company (India) Limited₹2.40 CrSatisfied

How Many Employees Work at Mipco Seamless Rings Gujarat?

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

Employee growth trends for Mipco Seamless Rings Gujarat Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mipco Seamless Rings Gujarat, 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 Mipco Seamless Rings Gujarat'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 Mipco Seamless Rings Gujarat

Recent activity within the organization

  • Annual General Meeting

    Mipco Seamless Rings Gujarat Limited last Annual general meeting of members was held on 23 Sep 2023 as per latest MCA records.

  • Director Appointment

    Sadhanala Venkata Rao was appointed as a Director was appointed as a Director on 18 Jul 2023 & has been associated with this company since 1 year 8 months .

  • Balance Sheet

    Mipco Seamless Rings Gujarat Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Director Appointment

    Sridhar Dasara was appointed as a Cfo was appointed as a Cfo on 24 May 2017 & has been associated with this company since 7 years 10 months .

  • Director Appointment

    Nadella Sridevi was appointed as a Director was appointed as a Director on 31 Dec 2014 & has been associated with this company since 10 years 2 months .

  • Director Appointment

    Sachendra Tummala was appointed as a Managing Director was appointed as a Managing Director on 04 Dec 2010 & has been associated with this company since 14 years 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mipco Seamless Rings Gujarat Limited?

    Mipco Seamless Rings Gujarat Limited was incorporated on 29 Jan 1980.

  • What is authorized share capital and paid-up capital of Mipco Seamless Rings Gujarat Limited?

    The authorized share capital of Mipco Seamless Rings Gujarat Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.58 Cr.

  • Who are the current board members & directors of Mipco Seamless Rings Gujarat Limited?

    Currently 6 directors are associated with Mipco Seamless Rings Gujarat Limited.

    • Sachendra Tummala
    • Sanjiv Kumar Tandon
    • Sadhanala Venkata Rao
    • Nadella Sridevi
    • Sridhar Dasara
    • Raji Reddy Pulakamdla

  • What is the registered address of Mipco Seamless Rings Gujarat Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mipco Seamless Rings Gujarat Limited is Sy No. 115/Gf/J Hanumanji Colony Brig Sayeed, Bowenpally India, Tirumalagiri, Telangana, 500009.

  • What is the corporate identification number (CIN) and company number of Mipco Seamless Rings Gujarat Limited?

    The corporate identification number (CIN) of Mipco Seamless Rings Gujarat Limited is L72900TS1980PLC186305 and the company number is 080581 as per Ministry of Corporate Affairs (MCA).

  • Is Mipco Seamless Rings Gujarat Limited registered with any stock exchange in India?

    Yes, Mipco Seamless Rings Gujarat Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Mipco Seamless Rings Gujarat Limited?

    The Official website of Mipco Seamless Rings Gujarat Limited is https://www.mipco.co.in

  • What change has been observed in the net worth of Mipco Seamless Rings Gujarat Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mipco Seamless Rings Gujarat Limited has experienced an downturn of -3.03%.

  • What are the total open charges for Mipco Seamless Rings Gujarat Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mipco Seamless Rings Gujarat Limited amount to ₹ 2.25 Cr.

  • When was the last Balance Sheet of Mipco Seamless Rings Gujarat Limited filed with the ROC?

    The most recent Balance Sheet for Mipco Seamless Rings Gujarat Limited was filed with the ROC on 31 Mar 2023.

People also Viewed