Monarch Innovation Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
as on 24-10-2024
- Paid Up Capital ₹ 0.10 M
as on 24-10-2024
- Company Age 13 Year, 3 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.50 Cr
as on 24-10-2024
- Satisfied Charges ₹ 9.64 Cr
as on 24-10-2024
- Revenue 38.72%
(FY 2023)
- Profit 60.99%
(FY 2023)
- Ebitda 52.52%
(FY 2023)
- Net Worth 17.27%
(FY 2023)
- Total Assets 28.45%
(FY 2023)
About Monarch Innovation
The Company is engaged in the Engineering 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 0.10 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹12.50 Cr. The company has closed loans amounting to ₹9.64 Cr, as per Ministry of Corporate Affairs (MCA) records.
Priteshkumar Patel, Harsh Joshi, Anjana Patel, and Five other members serve as directors at the Company.
- CIN/LLPIN
U72200GJ2011PTC068296
- Company No.
068296
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Dec 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media
What products or services does Monarch Innovation Private Limited offer?
Monarch Innovation Private Limited offers a wide range of products and services, including CAD CAM Design & Consultancy, CAD Service, Material Testing Labs & Services, Non Destructive Testing Services.
Who are the key members and board of directors at Monarch Innovation?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Priteshkumar Patel  | Managing Director | 20-Dec-2011 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Harsh Joshi | Director | 20-Dec-2011 | Current |
| Anjana Patel | Director | 19-Sep-2017 | Current |
| Minaben Joshi | Director | 19-Sep-2017 | Current |
| Lalbhai Patel | Director | 19-Sep-2017 | Current |
| Mukeshkumar Joshi | Director | 19-Sep-2017 | Current |
| Rutva Joshi | Director | 19-Sep-2017 | Current |
Financial Performance of Monarch Innovation.
Monarch Innovation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.72% increase. The company also saw a substantial improvement in profitability, with a 60.99% increase in profit. The company's net worth Soared by an impressive increase of 17.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Monarch Innovation?
In 2023, Monarch Innovation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Lints Advisors Private LimitedActive 5 years 5 monthsPriteshkumar Patel and Harsh Joshi are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 19 Jun 2024 | ₹12.50 Cr | Open |
Others Creation Date: 17 Aug 2022 | ₹2.40 Cr | Satisfied |
Others Creation Date: 17 Aug 2022 | ₹5.97 M | Satisfied |
How Many Employees Work at Monarch Innovation?
Monarch Innovation has a workforce of 246 employees as of Apr 10, 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 Innovation, 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 Innovation'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.
