Miven Machine Tools Limited

Manufactures and sells a variety of CNC turning machines and spare parts.

1985 | Dharwad, Karnataka (India) | Active
Last Updated:

Miven Machine Tools Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 15.41 Cr
  • Revenue Growth 322.51%
  • Profit Growth -11.64%
  • Ebitda -12.06%
  • Net Worth -14.11%
  • Total Assets -26.69%

About Miven Machine Tools

Miven Machine Tools Limited (MMTL) is a Public Limited Indian Non-Government Company incorporated in India on 19 July 1985 and has a history of 39 years and eight months. Its registered office is in Dharwad, Karnataka, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522036.

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 5.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company has closed loans amounting to ₹15.41 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Miven Machine Tools Limited India are Kiran Bolaram as CFO and Khushboo Jain as Company Secretary. Sunilkumar Kosuru, Katta Reddy, Sahil Arora, and One other member serve as directors at the Company.

Company Details

  • Location

    Dharwad, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29220KA1985PLC007036

  • Company No.

    007036

  • Stock Symbol

    BSE : 522036

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jul 1985

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Miven Machine Tools Limited offer?

Miven Machine Tools Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, CNC Turning Centers.

Who are the key members and board of directors at Miven Machine Tools?

Executive Team (3)

NameDesignationAppointment DateStatus
Kiran Bolaram CFO15-Feb-2024Current
Katta Reddy Country flag representing In Managing Director20-Sep-2024Current
Khushboo Jain Company Secretary03-Oct-2024Current

Board Members (3)

NameDesignationAppointment DateStatus
Sahil Arora Country flag representing In Director 14-Feb-2024Current
Sunilkumar Kosuru Country flag representing In Director 14-Feb-2024Current
Bindu Krishnan Country flag representing In Director 14-Feb-2024Current

Financial Performance of Miven Machine Tools.

Miven Machine Tools Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 322.51% increase. The company also saw a substantial fall in profitability, with a 11.64% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.11%.

Miven Machine Tools revenue growth over time
Miven Machine Tools 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
322.51%
Revenue from Operations
387.66%
Total Assets
-26.69%
Profit or Loss
-11.64%
Net Worth
-14.11%
EBITDA
-12.06%

What is the Ownership and Shareholding Structure of Miven Machine Tools?

In 2022, Miven Machine Tools had a promoter holding of 75.00% and a public holding of 25.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹15.41 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.11 Cr
  • State Bank Of India : 5.30 Cr
  • The Shamrao Vithal Co-Operative Bank Limited : 1.50 Cr
  • The Shamrao Vithal Co-Operative Bank Limited - Hubli Branch : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
15 Oct 2007The Shamrao Vithal Co-Operative Bank Limited₹1.00 CrSatisfied
20 Feb 2007The Shamrao Vithal Co-Operative Bank Limited₹5.00 MSatisfied
21 Oct 2006The Shamrao Vithal Co-Operative Bank Limited - Hubli Branch₹5.00 MSatisfied
30 Aug 2002Others₹8.11 CrSatisfied
04 Nov 1992State Bank Of India₹5.30 CrSatisfied

How Many Employees Work at Miven Machine Tools?

Miven Machine Tools has a workforce of 1 employees as of Mar 28, 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 Miven Machine Tools Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Miven Machine Tools, 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 Miven Machine Tools'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 Miven Machine Tools

Recent activity within the organization

  • Director Appointment

    Khushboo Jain was appointed as a Company Secretary was appointed as a Company Secretary on 03 Oct 2024 & has been associated with this company since 5 months 28 days .

  • Annual General Meeting

    Miven Machine Tools Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Director Appointment

    Katta Sundeep Reddy was appointed as a Managing Director was appointed as a Managing Director on 20 Sep 2024 & has been associated with this company since 6 months 11 days .

  • Balance Sheet

    Miven Machine Tools Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Director Appointment

    Kiran Kumar Bolaram was appointed as a Cfo was appointed as a Cfo on 15 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Sunilkumar Kosuru was appointed as a Director was appointed as a Director on 14 Feb 2024 & has been associated with this company since 1 year 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Miven Machine Tools Limited?

    Miven Machine Tools Limited was incorporated on 19 Jul 1985.

  • What is authorized share capital and paid-up capital of Miven Machine Tools Limited?

    The authorized share capital of Miven Machine Tools Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of Miven Machine Tools Limited?

    Currently 6 directors are associated with Miven Machine Tools Limited.

    • Kiran Kumar Bolaram
    • Sunilkumar Kosuru
    • Katta Sundeep Reddy
    • Sahil Arora
    • Bindu Malini Krishnan
    • Khushboo Jain

  • What is the registered address of Miven Machine Tools Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Miven Machine Tools Limited is C/O Miven Mayfran Conveyors Private Limited Sirurs Compound Karwar Road, India, Hubli, Karnataka, 580024.

  • What is the corporate identification number (CIN) and company number of Miven Machine Tools Limited?

    The corporate identification number (CIN) of Miven Machine Tools Limited is L29220KA1985PLC007036 and the company number is 007036 as per Ministry of Corporate Affairs (MCA).

  • Is Miven Machine Tools Limited registered with any stock exchange in India?

    Yes, Miven Machine Tools Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Miven Machine Tools Limited?

    The Official website of Miven Machine Tools Limited is https://www.mivenmachinetool.net

  • What has been the recent revenue trend for Miven Machine Tools Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Miven Machine Tools Limited has risen by 322.51%.

  • How many employees does Miven Machine Tools Limited currently have?

    As Per 2022 financial reports, 1 employees are currently employed by Miven Machine Tools Limited.

  • What change has been observed in the net worth of Miven Machine Tools Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Miven Machine Tools Limited has experienced an downturn of -14.11%.

  • When was the last Balance Sheet of Miven Machine Tools Limited filed with the ROC?

    The most recent Balance Sheet for Miven Machine Tools Limited was filed with the ROC on 31 Mar 2024.

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