Miracle Electronic Devices Private Limited

Manufacturer of electronic components for various industries, with global export reach.

1994 | Bangaluru, Karnataka (India) | Active
Last Updated:

Miracle Electronic Devices Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.50 M
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.71 Cr
  • Satisfied Charges ₹ 4.46 Cr
  • Revenue Growth 58.11%
  • Profit Growth 224.80%
  • Ebitda 86.27%
  • Net Worth 70.47%
  • Total Assets 62.25%

About Miracle Electronic Devices

Miracle Electronic Devices Private Limited (MEDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 March 1994 and has a history of 31 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Energy And Power 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 1.00 Cr and a paid-up capital of Rs 7.50 M.

The company currently has active open charges totaling ₹7.71 Cr. The company has closed loans amounting to ₹4.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jitendra Davada, Nilesh Vadhar, Sonal Davda, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32104KA1994PTC015300

  • Company No.

    015300

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Mar 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Energy and Power

What products or services does Miracle Electronic Devices Private Limited offer?

Miracle Electronic Devices Private Limited offers a wide range of products and services, including Resistors & Other Passive Devices, Power Inductor, Process Control Systems & Equipments, Power Controllers, Transformers & Transformer Parts, Electronic Transformers, Transformers, Distribution Transformer, Audio Mixer, Recorder & Transmitter, Audio Devices.

Company report

Miracle Electronic Devices Private Limited

Explore comprehensive data for Miracle Electronic Devices Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Miracle Electronic Devices?

Board Members (4)

NameDesignationAppointment DateStatus
Nilesh Vadhar Country flag representing In Director 02-Mar-1994Current
Jitendra Davada Country flag representing In Director 02-Mar-1994Current
Sonal Davda Country flag representing In Director 22-Aug-2011Current
Anjana Nileshkumar Country flag representing In Director 22-Aug-2011Current

Financial Performance of Miracle Electronic Devices.

Miracle Electronic Devices Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 58.11% increase. The company also saw a substantial improvement in profitability, with a 224.8% increase in profit. The company's net worth Soared by an impressive increase of 70.47%.

Miracle Electronic Devices revenue growth over time
Miracle Electronic Devices 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
58.11%
Revenue from Operations
58.28%
Total Assets
62.25%
Profit or Loss
224.80%
Net Worth
70.47%
EBITDA
86.27%

What is the Ownership and Shareholding Structure of Miracle Electronic Devices?

Unlock access to Miracle Electronic Devices's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.71 Cr

Satisfied Charges

₹4.46 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.71 Cr

Latest Charge Details

DateLenderAmountStatus
26 Jun 2024Hdfc Bank Limited₹1.50 MOpen
30 Jul 2021Hdfc Bank Limited₹2.50 MOpen
28 Jul 2021Hdfc Bank Limited₹1.07 MOpen
19 Oct 2015Hdfc Bank Limited₹7.20 CrOpen
30 Jul 2014Karnataka Bank Ltd.₹1.10 CrSatisfied

How Many Employees Work at Miracle Electronic Devices?

Miracle Electronic Devices has a workforce of 106 employees as of Apr 07, 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.

Employee growth trends for Miracle Electronic Devices Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Miracle Electronic Devices, 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 Electronic Devices'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 Miracle Electronic Devices

Recent activity within the organization

  • Annual General Meeting

    Miracle Electronic Devices Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100948607 was registered on 26 Jun 2024.

  • Balance Sheet

    Miracle Electronic Devices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.20 Cr registered on 19 Oct 2015 with Charge ID 10602070 was modified on 31 Jan 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100466028 was registered on 30 Jul 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100465682 was registered on 28 Jul 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Miracle Electronic Devices Private Limited?

    Miracle Electronic Devices Private Limited was incorporated on 02 Mar 1994.

  • What is authorized share capital and paid-up capital of Miracle Electronic Devices Private Limited?

    The authorized share capital of Miracle Electronic Devices Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.50 M.

  • Who are the current board members & directors of Miracle Electronic Devices Private Limited?

    Currently 4 directors are associated with Miracle Electronic Devices Private Limited.

    • Jitendra Kanaiyalal Davada
    • Nilesh Shashikant Vadhar
    • Sonal Jitendra Davda
    • Anjana Vadhar Nileshkumar
  • What is the registered address of Miracle Electronic Devices Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Miracle Electronic Devices Private Limited is 48/1 Karihobavanhalli Thigalarapallya Main Road Peenya 2Nd Stage, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Miracle Electronic Devices Private Limited?

    The corporate identification number (CIN) of Miracle Electronic Devices Private Limited is U32104KA1994PTC015300 and the company number is 015300 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Miracle Electronic Devices Private Limited?

    The Official website of Miracle Electronic Devices Private Limited is https://www.miracle.net.in

  • What has been the recent revenue trend for Miracle Electronic Devices Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Miracle Electronic Devices Private Limited has risen by 58.11%.

  • How many employees does Miracle Electronic Devices Private Limited currently have?

    As Per 2022 financial reports, 106 employees are currently employed by Miracle Electronic Devices Private Limited.

  • What change has been observed in the net worth of Miracle Electronic Devices Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Miracle Electronic Devices Private Limited has experienced an upsurge of 70.47%.

  • What are the total open charges for Miracle Electronic Devices Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Miracle Electronic Devices Private Limited amount to ₹ 7.71 Cr.

  • When was the last Balance Sheet of Miracle Electronic Devices Private Limited filed with the ROC?

    The most recent Balance Sheet for Miracle Electronic Devices Private Limited was filed with the ROC on 31 Mar 2024.

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