Modern Engineering Plastics Profile
Key Indicators
- Authorised Capital ₹ 5.50 M
- Paid Up Capital ₹ 5.40 M
- Company Age 30 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.04 Cr
- Satisfied Charges ₹ 3.25 Cr
- Revenue Growth -44.76%
- Profit Growth -1786.80%
- Ebitda -226.37%
- Net Worth -58.38%
- Total Assets -10.51%
About Modern Engineering Plastics
Modern Engineering Plastics Private Limited (MEPPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 December 1994 and has a history of 30 years and one month. Its registered office is in Madras-20, Tamil Nadu.
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 5.50 M and a paid-up capital of Rs 5.40 M.
The company currently has active open charges totaling ₹1.04 Cr. The company has closed loans amounting to ₹3.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Raman Raghavachari and Vikram Raman serve as directors at the Company.
Company Details
- Location Madras-20, Tamil Nadu
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U28920TN1994PTC029700
-
Company No.
029700
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
29 Dec 1994
-
Date of AGM
30 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chennai
Industry
What products or services does Modern Engineering Plastics Private Limited offer?
Modern Engineering Plastics Private Limited offers a wide range of products and services, including Cooling Tower, Heat Exchanger, Parts, Cooling Towers, Metal Tank, Stainless Steel Tanks, Water Treatment & Purification Plant, Reverse Osmosis Plant Parts, STP & ETP Tools, Storage Tanks, Drums & Containers, FRP Tank, Chemical Reactors and Process Tanks.
Who are the key members and board of directors at Modern Engineering Plastics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raman Raghavachari
|
Managing Director | 29-Dec-1994 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Vikram Raman
|
Director | 09-Jul-2014 | Current |
Financial Performance of Modern Engineering Plastics.
Modern Engineering Plastics Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 44.76% decrease. The company also saw a substantial fall in profitability, with a 1786.8% decrease in profit. The company's net worth observed a substantial decline by a decrease of 58.38%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Modern Engineering Plastics?
In 2021, Modern Engineering Plastics had a promoter holding of 70.11% and a public holding of 29.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Sreeragh General Finance LimitedRaman Raghavachari is a mutual person
Charges (Loans)
₹10.40 M
₹32.50 M
Charges Breakdown by Lending Institutions
- Technology Information Forecasting And Assessment Council : 1.04 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 2006 | Technology Information Forecasting And Assessment Council | ₹1.04 Cr | Open |
| 19 Feb 2008 | State Bank Of India | ₹1.85 Cr | Satisfied |
| 21 Apr 2001 | Indian Overseas Bank | ₹8.00 M | Satisfied |
| 08 Nov 2000 | Indian Overseas Bank | ₹1.00 M | Satisfied |
| 16 Nov 1998 | Indian Overseas Bank | ₹2.00 M | Satisfied |
How Many Employees Work at Modern Engineering Plastics?
Modern Engineering Plastics has a workforce of 13 employees as of Mar 29, 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 Modern Engineering Plastics, 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 Modern Engineering Plastics'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.
