Monomer Chemical Industries Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 2.50 Cr
- Company Age 57 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 4.56 Cr
- Satisfied Charges ₹ 3.30 Cr
- Revenue Growth 9.00%
- Profit Growth -3839.84%
- Ebitda -67.79%
- Net Worth -33.69%
- Total Assets 6.59%
About Monomer Chemical Industries
Monomer Chemical Industries Limited (MCIL) was founded in India on 11 April 1967 and has a glorious history of 57 years and ten months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Monomer Chemical Industries Private Limited. The Company is engaged in the Chemicals And Materials 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 10.00 Cr and a paid-up capital of Rs 2.50 Cr.
The company currently has active open charges totaling ₹4.56 Cr. The company has closed loans amounting to ₹3.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijay Nikte, Geeta Nikte, Devashish Nikte, and One other member serve as directors at the Company.
Company Details
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Location
Thane, Maharashtra, 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
U24100MH1967PLC013715
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Company No.
013715
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
11 Apr 1967
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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 Mumbai
Industry
Who are the key members and board of directors at Monomer Chemical Industries?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Devashish Nikte
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Director | 21-Feb-2008 | Current |
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Vijay Nikte
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Director | 22-Jun-2000 | Current |
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Geeta Nikte
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Director | 05-Mar-2020 | Current |
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Shashank Tandel
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Director | 15-Sep-2011 | Current |
Financial Performance of Monomer Chemical Industries.
Monomer Chemical Industries Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9% increase. The company also saw a substantial fall in profitability, with a 3839.84% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.69%.
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What is the Ownership and Shareholding Structure of Monomer Chemical Industries?
In 2022, Monomer Chemical Industries 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)
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Bloomberg Exim Private LimitedVijay Nikte, Geeta Nikte and 1 more are mutual person
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Sonsai Impex & Outsourcing Private Limited
Vijay Nikte, Geeta Nikte and 1 more are mutual person
Charges (Loans)
₹4.56 Cr
₹3.30 Cr
Charges Breakdown by Lending Institutions
- The United Western Bank Limited : 2.47 Cr
- Idbi Ltd. : 2.00 Cr
- State Bank Of India : 0.08 Cr
- The Saraswat Co.Operative Bank Ltd. : 0.01 Cr
- The Saraswat Co.Op. Bank .Ltd. : 0.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2006 | Idbi Ltd. | ₹2.00 Cr | Open |
| 27 Jan 2004 | The United Western Bank Limited | ₹1.37 Cr | Open |
| 16 Jun 2003 | The United Western Bank Limited | ₹6.00 M | Open |
| 08 Jan 2003 | The United Western Bank Limited | ₹5.00 M | Open |
| 11 Jun 1997 | State Bank Of India | ₹0.41 M | Open |
How Many Employees Work at Monomer Chemical Industries?
Monomer Chemical Industries has a workforce of 16 employees as of Apr 05, 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 Monomer Chemical Industries, 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 Monomer Chemical Industries'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.
