Monarch Innovation Profile
Key Indicators
- Authorised Capital ₹ 0.10 M
- Paid Up Capital ₹ 0.10 M
- Company Age 13 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 12.50 Cr
- Satisfied Charges ₹ 9.64 Cr
- Revenue Growth 37.69%
- Profit Growth 60.99%
- Ebitda 155.49%
- Net Worth 17.27%
- Total Assets 28.93%
About Monarch Innovation
Monarch Innovation Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 December 2011 and has a history of 13 years and three months. Its registered office is in Ahmedabad, Gujarat, India.
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.
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Engineering
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 37.69% 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?
Unlock access to Monarch Innovation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Lints Advisors Private LimitedPriteshkumar Patel and Harsh Joshi are mutual person
Charges (Loans)
Open Charges
₹125.00 M
Satisfied Charges
₹96.43 M
Charges Breakdown by Lending Institutions
- Others : 12.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Jun 2024 | Others | ₹12.50 Cr | Open |
| 17 Aug 2022 | Others | ₹2.40 Cr | Satisfied |
| 17 Aug 2022 | Others | ₹5.97 M | Satisfied |
| 28 Aug 2020 | Others | ₹8.00 M | Satisfied |
| 03 Jan 2020 | Others | ₹9.31 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.
Latest Updates, News, and FAQs on Monarch Innovation
Recent activity within the organization
- Charges
A charge registered on 17 Aug 2022 via Charge ID 100612543 with Others was fully satisfied on 19 Jul 2024.
- Charges
A charge registered on 17 Aug 2022 via Charge ID 100612547 with Others was fully satisfied on 19 Jul 2024.
- Charges
A charge registered on 28 Aug 2020 via Charge ID 100362148 with Others was fully satisfied on 19 Jul 2024.
- Charges
A charge registered on 03 Jan 2020 via Charge ID 100312385 with Others was fully satisfied on 19 Jul 2024.
- Charges
A charge registered on 24 Dec 2019 via Charge ID 100310727 with Others was fully satisfied on 19 Jul 2024.
- Charges
A charge registered on 16 Dec 2019 via Charge ID 100308149 with Others was fully satisfied on 19 Jul 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Monarch Innovation Private Limited?
Monarch Innovation Private Limited was incorporated on 20 Dec 2011.
What is authorized share capital and paid-up capital of Monarch Innovation Private Limited?
The authorized share capital of Monarch Innovation Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Monarch Innovation Private Limited?
Currently 8 directors are associated with Monarch Innovation Private Limited.
- Priteshkumar Lalbhai Patel
- Harsh Mukeshkumar Joshi
- Anjana Chetanbhai Patel
- Minaben Mukeshkumar Joshi
- Lalbhai Naranbhai Patel
- Mukeshkumar Bhanushankar Joshi
- Rutva Harsh Joshi
- Sejalben Vipulbhai Patel
What is the registered address of Monarch Innovation Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Monarch Innovation Private Limited is 306 3Rd Floor Dwarkesh Business Hub Motera, India, Ahmedabad, Gujarat, 380005.
What is the corporate identification number (CIN) and company number of Monarch Innovation Private Limited?
The corporate identification number (CIN) of Monarch Innovation Private Limited is U72200GJ2011PTC068296 and the company number is 068296 as per Ministry of Corporate Affairs (MCA).
What is the official website of Monarch Innovation Private Limited?
The Official website of Monarch Innovation Private Limited is https://www.monarch-innovation.com
What has been the recent revenue trend for Monarch Innovation Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Monarch Innovation Private Limited has risen by 37.69%.
How many employees does Monarch Innovation Private Limited currently have?
As Per 2023 financial reports, 246 employees are currently employed by Monarch Innovation Private Limited.
What change has been observed in the net worth of Monarch Innovation Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Monarch Innovation Private Limited has experienced an upsurge of 17.27%.
What are the total open charges for Monarch Innovation Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Monarch Innovation Private Limited amount to ₹ 12.50 Cr.
When was the last Balance Sheet of Monarch Innovation Private Limited filed with the ROC?
The most recent Balance Sheet for Monarch Innovation Private Limited was filed with the ROC on 31 Mar 2023.