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
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Location
Hyd, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U20299TG2004PTC043003
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Company No.
043003
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
02 Apr 2004
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
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 |
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Jagannathan Koteshwaran | Managing Director | 02-Apr-2004 | Current |
Board Members (1)
Name | Designation | Appointment Date | Status |
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Jagannathan Parameswaran | 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%.
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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.
Charges (Loans)
₹133.55 Cr
₹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 |
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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.
Deals i
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
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.