M.R.C Mills Private Limited

Textile printing solutions provider with services such as fabric printing, dyeing, and rotary printing.

2010 | Erode, Tamil Nadu (India) | Active
Last Updated:

M.R.C Mills Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.70 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 50.34 Cr
  • Satisfied Charges ₹ 14.95 Cr
  • Revenue Growth 41.09%
  • Profit Growth -51.24%
  • Ebitda 25.91%
  • Net Worth 8.56%
  • Total Assets 244.07%

About M.R.C Mills

M.R.C Mills Private Limited (MMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 May 2010 and has a history of 14 years and nine months. Its registered office is in Erode, Tamil Nadu, India.

The Company is engaged in the Manufacturing 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 9.70 Cr.

The company currently has active open charges totaling ₹50.34 Cr. The company has closed loans amounting to ₹14.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Chinnasamy Balaji, Venkatachalam Vijayakumar, Venkatachalam Vivekanandamoorthy, and Two other members serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    kcgroups.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2010PTC016079

  • Company No.

    016079

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 May 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at M.R.C Mills?

Board Members (5)

NameDesignationAppointment DateStatus
Chinnasamy Balaji Country flag representing In Director 25-May-2010Current
Venkatachalam Vijayakumar Country flag representing In Director 30-Jun-2010Current
Venkatachalam Vivekanandamoorthy Country flag representing In Director 30-Jun-2010Current
Karuppanna Sushmetha Country flag representing In Director 31-Dec-2020Current
Chinnasamy Country flag representing In Director 25-May-2010Current

Financial Performance of M.R.C Mills.

M.R.C Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 41.09% increase. The company also saw a substantial fall in profitability, with a 51.24% decrease in profit. The company's net worth moved up by a moderate rise of 8.56%.

M.R.C Mills revenue growth over time
M.R.C Mills 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
41.09%
Revenue from Operations
41.36%
Total Assets
244.07%
Profit or Loss
-51.24%
Net Worth
8.56%
EBITDA
25.91%

What is the Ownership and Shareholding Structure of M.R.C Mills?

In 2022, M.R.C Mills 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

₹50.34 Cr

Satisfied Charges

₹14.95 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 50.34 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2023Canara Bank₹2.10 CrOpen
07 Dec 2021Canara Bank₹1.24 CrOpen
26 Mar 2021Canara Bank₹47.00 CrOpen
25 Oct 2017Others₹4.25 CrSatisfied
12 Aug 2014The Karur Vysya Bank Limited₹1.55 CrSatisfied

How Many Employees Work at M.R.C Mills?

M.R.C Mills has a workforce of 450 employees as of Apr 02, 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.

Employee growth trends for M.R.C Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M.R.C Mills, 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 M.R.C Mills'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 M.R.C Mills

Recent activity within the organization

  • Annual General Meeting

    M.R.C Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Canara Bank amounted to Rs. 2.10 Cr with Charge ID 100773551 was registered on 28 Aug 2023.

  • Balance Sheet

    M.R.C Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

  • Charges

    A charge with Canara Bank of Rs. 47.00 Cr registered on 26 Mar 2021 with Charge ID 100436066 was modified on 21 Jun 2022.

  • Charges

    A charge with Canara Bank amounted to Rs. 1.24 Cr with Charge ID 100531028 was registered on 07 Dec 2021.

  • Charges

    A charge with Canara Bank amounted to Rs. 47.00 Cr with Charge ID 100436066 was registered on 26 Mar 2021.

Frequently asked questions

  • What is the Incorporation or founding date of M.R.C Mills Private Limited?

    M.R.C Mills Private Limited was incorporated on 25 May 2010.

  • What is authorized share capital and paid-up capital of M.R.C Mills Private Limited?

    The authorized share capital of M.R.C Mills Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.70 Cr.

  • Who are the current board members & directors of M.R.C Mills Private Limited?

    Currently 5 directors are associated with M.R.C Mills Private Limited.

    • Chinnasamy Balaji
    • Venkatachalam Vijayakumar
    • Venkatachalam Vivekanandamoorthy
    • Karuppanna Gounder Chinnaswamy Sushmetha
    • Chinnasamy

  • What is the registered address of M.R.C Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of M.R.C Mills Private Limited is No. 27 Crystal House 2Nd Floor 110 Nehru Street, Fort India, Erode, Tamil Nadu, 638001.

  • What is the corporate identification number (CIN) and company number of M.R.C Mills Private Limited?

    The corporate identification number (CIN) of M.R.C Mills Private Limited is U17111TZ2010PTC016079 and the company number is 016079 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of M.R.C Mills Private Limited?

    The Official website of M.R.C Mills Private Limited is https://www.kcgroups.in

  • What has been the recent revenue trend for M.R.C Mills Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for M.R.C Mills Private Limited has risen by 41.09%.

  • How many employees does M.R.C Mills Private Limited currently have?

    As Per 2022 financial reports, 450 employees are currently employed by M.R.C Mills Private Limited.

  • What change has been observed in the net worth of M.R.C Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of M.R.C Mills Private Limited has experienced an upsurge of 8.56%.

  • What are the total open charges for M.R.C Mills Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for M.R.C Mills Private Limited amount to ₹ 50.34 Cr.

  • When was the last Balance Sheet of M.R.C Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for M.R.C Mills Private Limited was filed with the ROC on 31 Mar 2023.

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