Mmf Induction Private Limited

Manufactures and supplies induction heating and cooling equipment for metal heat treatments.

2018 | Bangalore, Karnataka (India) | Active
Last Updated: January 16, 2025

Mmf Induction Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 6 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.20 Cr
  • Revenue Growth 114.65%
  • Profit Growth 60.00%
  • Ebitda -33.61%
  • Net Worth 50.27%
  • Total Assets 44.45%

About Mmf Induction

Mmf Induction Private Limited (MIPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 December 2018 (Six years and two months 10 days old ). Its registered office is in Bangalore, Karnataka, India.

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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1.20 Cr.

Shubhada Prakash and Sanath Ullal serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mmfinduction.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74990KA2018PTC119473

  • Company No.

    119473

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Mmf Induction Private Limited offer?

Mmf Induction Private Limited offers a wide range of products and services, including Heater, Thermostat & Heating Devices, Industrial Heaters, Industrial Air Conditioner & Devices, Chillers, Process Control Systems & Equipments, Process Controllers, Industrial Pipe & Tube Fittings, Gas Pipe Fittings, Heating Coils & Tubes, Welding Equipments & Machinery.

Who are the key members and board of directors at Mmf Induction?

Board Members (2)

NameDesignationAppointment DateStatus
Shubhada Prakash Country flag representing In Additional Director 26-Jul-2022Current
Sanath Ullal Country flag representing In Director 01-Aug-2023Current

Financial Performance of Mmf Induction.

Mmf Induction Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 114.65% increase. The company also saw a substantial improvement in profitability, with a 60% increase in profit. The company's net worth Soared by an impressive increase of 50.27%.

Graph illustrating revenue growth over time
Graph showing 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
114.65%
Revenue from Operations
114.66%
Total Assets
44.45%
Profit or Loss
60.00%
Net Worth
50.27%
EBITDA
-33.61%

What is the Ownership and Shareholding Structure of Mmf Induction?

Unlock access to Mmf Induction'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

₹12.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2021Karnataka Bank Ltd.₹1.20 CrOpen

How Many Employees Work at Mmf Induction?

Mmf Induction has a workforce of 12 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mmf Induction, 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 Mmf Induction'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 Mmf Induction

Recent activity within the organization

  • Annual General Meeting

    Mmf Induction Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Director Appointment

    Sanath Prakash Ullal was appointed as a Director was appointed as a Director on 01 Aug 2023 & has been associated with this company since 1 year 6 months .

    01 Aug 2023

  • Balance Sheet

    Mmf Induction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Shubhada Prakash was appointed as a Additional Director was appointed as a Additional Director on 26 Jul 2022 & has been associated with this company since 2 years 6 months .

    26 Jul 2022

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 12.00 M with Charge ID 100417548 was registered on 29 Jan 2021.

    29 Jan 2021

  • Company Incorporation

    Mmf Induction Private Limited was registered on 14 Dec 2018 with Roc Bangalore & aged 6 years 2 months as per MCA records.

    14 Dec 2018

Frequently asked questions

  • Mmf Induction Private Limited was incorporated on 14 Dec 2018.

  • The authorized share capital of Mmf Induction Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Mmf Induction Private Limited.

    • Shubhada Prakash
    • Sanath Prakash Ullal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mmf Induction Private Limited is S Narasimhamurthy No.42 43, Somashettyhalli India, Bangalore, Karnataka, 560090.

  • The corporate identification number (CIN) of Mmf Induction Private Limited is U74990KA2018PTC119473 and the company number is 119473 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mmf Induction Private Limited is https://www.mmfinduction.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mmf Induction Private Limited has risen by 114.65%.

  • As Per 2023 financial reports, 12 employees are currently employed by Mmf Induction Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mmf Induction Private Limited has experienced an upsurge of 50.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mmf Induction Private Limited amount to ₹ 1.20 Cr.

  • The most recent Balance Sheet for Mmf Induction Private Limited was filed with the ROC on 31 Mar 2023.

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