Monarch Elec-Tech Private Limited
Manufactures electronic control panel parts and related activities since 2018.
2018 | Nashik, Maharashtra (India) | Active
Monarch Elec-Tech Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 6 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.96 Cr
- Satisfied Charges ₹ 1.25 Cr
- Revenue Growth 17.98%
- Profit Growth 68.39%
- Ebitda 105.10%
- Net Worth 74.52%
- Total Assets 2.23%
About Monarch Elec-Tech
Monarch Elec-Tech Private Limited (MEPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 September 2018 (Six years and five months 9 days old ). Its registered office is in Nashik, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹5.96 Cr. The company has closed loans amounting to ₹1.25 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sameer Chokhani, Mona Chokhani, and Satyanarayan Chokhani serve as directors at the Company.
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media -
Corporate Identity Details
- CIN/LLPIN
U31909MH2018PTC314364
- Company No.
314364
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Sep 2018
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Who are the key members and board of directors at Monarch Elec-Tech?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sameer Chokhani  | Director | 20-Sep-2018 | Current |
| Mona Chokhani | Director | 21-Jul-2023 | Current |
| Satyanarayan Chokhani | Director | 20-Sep-2018 | Current |
Financial Performance of Monarch Elec-Tech.
Monarch Elec-Tech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.98% increase. The company also saw a substantial improvement in profitability, with a 68.39% increase in profit. The company's net worth Soared by an impressive increase of 74.52%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Monarch Elec-Tech?
In 2023, Monarch Elec-Tech had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹59.58 M
Satisfied Charges
₹12.50 M
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 4.59 Cr
- Sidbi : 1.37 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2024 | City Union Bank Limited | ₹0.80 M | Open |
| 23 Nov 2023 | Sidbi | ₹4.87 M | Open |
| 17 May 2023 | City Union Bank Limited | ₹1.75 M | Open |
| 27 Apr 2022 | Sidbi | ₹2.13 M | Open |
| 28 Mar 2022 | City Union Bank Limited | ₹2.58 Cr | Open |
How Many Employees Work at Monarch Elec-Tech?
Monarch Elec-Tech has a workforce of 17 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Monarch Elec-Tech, 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 Monarch Elec-Tech'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.