Momentive Performance Materials (India) Private Limited

Manufacturer and trader of silicone-based fluids, rubber, coatings, and sealants with global R&D and ITES services.

1995 | Bangalore, Karnataka (India) | Active
Last Updated: June 26, 2024

Momentive Performance Materials (India) Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 28.63 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 174.10 Cr
  • Revenue Growth 13.16%
  • Profit Growth -0.96%
  • Ebitda -5.89%
  • Net Worth 23.93%
  • Total Assets 14.72%

About Momentive Performance Materials (India)

Momentive Performance Materials (India) Private Limited (MPMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 1995 and has a history of 29 years and three months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Ge Bayer Silicones (India) Private Limited Isc. 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 50.00 Cr and a paid-up capital of Rs 28.63 Cr.

The company has closed loans amounting to ₹174.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Momentive Performance Materials (India) Private Limited India is Vasant Bhat as COMPANY SECRETARY. Peter Bering, Balaji, and Avaneesh Marodi serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    momentive.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24299KA1995PTC019244

  • Company No.

    019244

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 1995

  • Date of AGM

    28 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 Momentive Performance Materials (India) Private Limited offer?

Momentive Performance Materials (India) Private Limited offers a wide range of products and services, including Minerals and Ores, Molding Compounds, Adhesives, Glue and Sealants, Epoxy Adhesives, FRP Lining, PU & Powder Coatings, Special Coating, Natural and Synthetic Resins, Resins, Industrial Chemicals & Supplies, Chemical Intermediates.

Who are the key members and board of directors at Momentive Performance Materials (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Vasant Bhat Company SecretaryCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Peter Bering Country flag representing De Director 24-Jun-2016Current
Balaji Country flag representing In Whole-Time Director 16-Sep-2019Current
Avaneesh Marodi Country flag representing In Whole-Time Director 02-Mar-2022Current

Financial Performance of Momentive Performance Materials (India).

Momentive Performance Materials (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.16% increase. The company also saw a slight decrease in profitability, with a 0.96% decrease in profit. The company's net worth Soared by an impressive increase of 23.93%.

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
13.16%
Revenue from Operations
12.68%
Total Assets
14.72%
Profit or Loss
-0.96%
Net Worth
23.93%
EBITDA
-5.89%

What is the Ownership and Shareholding Structure of Momentive Performance Materials (India)?

In 2022, Momentive Performance Materials (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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹174.10 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 96.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 69.60 Cr
  • The Hongkonbg And Shnghai Banking Corporation Ltd : 3.00 Cr
  • Canara Bank : 3.00 Cr
  • Corporation Bank : 2.50 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2014Indian Bank₹57.00 CrSatisfied
19 Mar 2009Indian Bank₹35.00 CrSatisfied
06 May 2008The Hongkong And Shanghai Banking Corporation Limited₹69.60 CrSatisfied
10 Jan 2001Indian Bank₹4.00 CrSatisfied
06 Dec 1997Corporation Bank₹2.50 CrSatisfied

How Many Employees Work at Momentive Performance Materials (India)?

Momentive Performance Materials (India) has a workforce of 491 employees as of Apr 04, 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 Momentive Performance Materials (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 Momentive Performance Materials (India)'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 Momentive Performance Materials (India)

Recent activity within the organization

  • Annual General Meeting

    Momentive Performance Materials (India) Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Momentive Performance Materials (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Avaneesh Narayana Murthy Marodi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Mar 2022 & has been associated with this company since 2 years 11 months .

    02 Mar 2022

  • Director Appointment

    Balaji was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 Sep 2019 & has been associated with this company since 5 years 5 months .

    16 Sep 2019

  • Charges

    A charge registered on 15 Sep 2014 via Charge ID 10528358 with Indian Bank was fully satisfied on 12 Jan 2018.

    12 Jan 2018

  • Director Appointment

    Peter Carsten Bering was appointed as a Director was appointed as a Director on 24 Jun 2016 & has been associated with this company since 8 years 7 months .

    24 Jun 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Momentive Performance Materials (India) Private Limited was incorporated on 22 Nov 1995.

  • The authorized share capital of Momentive Performance Materials (India) Private Limited is ₹ 50.00 Cr and paid-up capital is ₹ 28.63 Cr.

  • Currently 4 directors are associated with Momentive Performance Materials (India) Private Limited.

    • Peter Carsten Bering
    • Balaji
    • Avaneesh Narayana Murthy Marodi
    • Vasant Parameshwara Bhat
  • As per Ministry of Corporate Affairs (Mca), the registered address of Momentive Performance Materials (India) Private Limited is Sy. No. 09 Electronic City (West), Hosur Road, Bangalore, Karnataka, India, 560100.

  • The corporate identification number (CIN) of Momentive Performance Materials (India) Private Limited is U24299KA1995PTC019244 and the company number is 019244 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Momentive Performance Materials (India) Private Limited is https://www.momentive.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Momentive Performance Materials (India) Private Limited has risen by 13.16%.

  • As Per 2023 financial reports, 491 employees are currently employed by Momentive Performance Materials (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Momentive Performance Materials (India) Private Limited has experienced an upsurge of 23.93%.

  • The most recent Balance Sheet for Momentive Performance Materials (India) Private Limited was filed with the ROC on 31 Mar 2023.

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