Miracle Cables (India ) Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 1.65 Cr
- Company Age 22 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 167.92 Cr
- Satisfied Charges ₹ 115.85 Cr
- Revenue Growth 25.60%
- Profit Growth 30.31%
- Ebitda 34.67%
- Net Worth 51.71%
- Total Assets 29.27%
About Miracle Cables (India )
Miracle Cables (India ) Private Limited (MCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 July 2002 and has a history of 22 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Manufacturing 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 3.00 Cr and a paid-up capital of Rs 1.65 Cr.
The company currently has active open charges totaling ₹167.92 Cr. The company has closed loans amounting to ₹115.85 Cr, as per Ministry of Corporate Affairs (MCA) records.
Latha Nadar and Yesudhason Nadar serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31300MH2002PTC136501
- Company No.
136501
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
12 Jul 2002
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Miracle Cables (India ) Private Limited offer?
Miracle Cables (India ) Private Limited offers a wide range of products and services, including Wires, Electric Cable, Automobile Electrical Components, Automotive Cables, Cables & Wiring Components, Wiring Harness, Computer PCI Cards, Cables & Modules, Computer Cables, Cable Jointing Kits, Electrical Cables & Wires.
Who are the key members and board of directors at Miracle Cables (India )?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yesudhason Nadar  | Director | 12-Jul-2002 | Current |
| Latha Nadar | Director | 12-Jul-2002 | Current |
Financial Performance of Miracle Cables (India ).
Miracle Cables (India ) Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 25.6% increase. The company also saw a substantial improvement in profitability, with a 30.31% increase in profit. The company's net worth Soared by an impressive increase of 51.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Miracle Cables (India )?
In 2023, Miracle Cables (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.
Charges (Loans)
Open Charges
₹167.92 Cr
Satisfied Charges
₹115.85 Cr
Charges Breakdown by Lending Institutions
- Others : 167.68 Cr
- Hdfc Bank Limited : 0.24 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2024 | Others | ₹56.50 Cr | Open |
| 02 Feb 2024 | Others | ₹34.50 Cr | Open |
| 02 Feb 2024 | Others | ₹20.00 Cr | Open |
| 06 Dec 2023 | Others | ₹1.80 M | Open |
| 30 Oct 2023 | Others | ₹56.50 Cr | Open |
How Many Employees Work at Miracle Cables (India )?
Miracle Cables (India ) has a workforce of 123 employees as of Nov 15, 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 Miracle Cables (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 Miracle Cables (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.