Monarch Ergo Private Limited

This company manufactures furniture, including office seatings, systems, tables, and chairs, under the brand 'Monarch'.

2004 | Hyd, Telangana (India) | Active
Last Updated: September 20, 2024

Monarch Ergo Profile

Key Indicators

  • Authorised Capital ₹ 5.10 Cr
  • Paid Up Capital ₹ 5.10 Cr
  • Company Age 20 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 133.55 Cr
  • Satisfied Charges ₹ 10.46 Cr
  • Revenue Growth 51.16%
  • Profit Growth 107.04%
  • Ebitda 245.29%
  • Net Worth 0.93%
  • Total Assets 18.97%

About Monarch Ergo

Monarch Ergo Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 2004 and has a history of 20 years and ten months. Its registered office is in Hyd, Telangana, India.

The Corporate was formerly known as Monarch Seatings Private Limited. The Company is engaged in the Consumer Electronics & Durables 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 5.10 Cr and a paid-up capital of Rs 5.10 Cr.

The company currently has active open charges totaling ₹133.55 Cr. The company has closed loans amounting to ₹10.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jagannathan Koteshwaran and Jagannathan Parameswaran serve as directors at the Company.

Company Details

  • Location

    Hyd, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20299TG2004PTC043003

  • Company No.

    043003

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

What products or services does Monarch Ergo Private Limited offer?

Monarch Ergo Private Limited offers a wide range of products and services, including Modular Office Workstation, Office Workstation Furniture, Office Chairs, Revolving Chair, Lounge Furniture, Lounge Chair, Waiting Chairs, Visitor Chair, Cafeteria Chairs & Tables, Cafe Chair.

Who are the key members and board of directors at Monarch Ergo?

Executive Team (1)

Name Designation Appointment Date Status
Jagannathan Koteshwaran Country flag representing In Managing Director 02-Apr-2004 Current

Board Members (1)

Name Designation Appointment Date Status
Jagannathan Parameswaran Country flag representing In Whole-Time Director 02-Apr-2004 Current

Financial Performance of Monarch Ergo.

Monarch Ergo Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.16% increase. The company also saw a substantial improvement in profitability, with a 107.04% increase in profit. The company's net worth moved up by a moderate rise of 0.93%.

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
51.16%
Revenue from Operations
51.13%
Total Assets
18.97%
Profit or Loss
107.04%
Net Worth
0.93%
EBITDA
245.29%

What is the Ownership and Shareholding Structure of Monarch Ergo?

In 2023, Monarch Ergo 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

₹133.55 Cr

Satisfied Charges

₹10.46 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 70.75 Cr
  • Hdfc Bank Limited : 42.86 Cr
  • Others : 19.94 Cr

Latest Charge Details

Date Lender Amount Status
17 Nov 2023 Hdfc Bank Limited ₹1.20 M Open
08 Oct 2023 Hdfc Bank Limited ₹1.63 M Open
24 Aug 2023 Hdfc Bank Limited ₹1.90 M Open
07 Sep 2022 Others ₹12.00 Cr Open
31 Mar 2022 Others ₹1.39 Cr Open

How Many Employees Work at Monarch Ergo?

Monarch Ergo has a workforce of 386 employees as of Sep 20, 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 Monarch Ergo, 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 Ergo'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 Monarch Ergo

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 41.39 Cr registered on 17 Mar 2021 with Charge ID 100443323 was modified on 10 May 2024.

    10 May 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100860169 was registered on 17 Nov 2023.

    17 Nov 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100853020 was registered on 08 Oct 2023.

    08 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100801125 was registered on 24 Aug 2023.

    24 Aug 2023

  • Balance Sheet

    Monarch Ergo Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

Frequently asked questions

  • Monarch Ergo Private Limited was incorporated on 02 Apr 2004.

  • The authorized share capital of Monarch Ergo Private Limited is ₹ 5.10 Cr and paid-up capital is ₹ 5.10 Cr.

  • Currently 2 directors are associated with Monarch Ergo Private Limited.

    • Jagannathan Koteshwaran
    • Jagannathan Parameswaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Monarch Ergo Private Limited is Sy No 34 Industrial Estate, Raja Bollaram Medchal, Hyd, Telangana, India, 501401.

  • The corporate identification number (CIN) of Monarch Ergo Private Limited is U20299TG2004PTC043003 and the company number is 043003 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Monarch Ergo Private Limited is https://www.monarchergo.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Monarch Ergo Private Limited has risen by 51.16%.

  • As Per 2023 financial reports, 386 employees are currently employed by Monarch Ergo Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Monarch Ergo Private Limited has experienced an upsurge of 0.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Monarch Ergo Private Limited amount to ₹ 133.55 Cr.

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