Multitrack Engineering Private Limited

Manufactures machinery, equipment, and structural metal products since 1975 in Bangalore, Karnataka.

1975 | Bangaluru, Karnataka (India) | Active
Last Updated:

Multitrack Engineering Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 2.89 M
  • Company Age 49 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 21.11 Cr
  • Revenue Growth 116.90%
  • Profit Growth -54.16%
  • Ebitda -204.01%
  • Net Worth -71.32%
  • Total Assets -7.70%

About Multitrack Engineering

Multitrack Engineering Private Limited (MEPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 June 1975 and has a history of 49 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Multi Castings Private Limited. The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 2.89 M.

The company currently has active open charges totaling ₹21.11 Cr.

Ambadi Sreedevi and Ravi Karunakaran serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909KA1975PTC002805

  • Company No.

    002805

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jun 1975

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Multitrack Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Ambadi Sreedevi Country flag representing In Director 30-Mar-1998Current
Ravi Karunakaran Country flag representing In Director 30-Mar-1996Current

Financial Performance of Multitrack Engineering.

Multitrack Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 116.9% increase. The company also saw a substantial fall in profitability, with a 54.16% decrease in profit. The company's net worth observed a substantial decline by a decrease of 71.32%.

Multitrack Engineering revenue growth over time
Multitrack Engineering 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
116.90%
Revenue from Operations
-4.11%
Total Assets
-7.70%
Profit or Loss
-54.16%
Net Worth
-71.32%
EBITDA
-204.01%

What is the Ownership and Shareholding Structure of Multitrack Engineering?

Unlock access to Multitrack Engineering'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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.11 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.18 Cr
  • Karnataka State Financial Corporation : 1.12 Cr
  • Syndicate Bank : 0.68 Cr
  • Laxmi Moto Credit Ltd. : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
17 Mar 2007State Bank Of India₹9.93 CrOpen
28 Apr 2000State Bank Of India₹9.25 CrOpen
25 Jul 1999Syndicate Bank₹0.40 MOpen
28 Nov 1994Karnataka State Financial Corporation₹1.40 MOpen
12 Aug 1994Karnataka State Financial Corporation₹2.18 MOpen

How Many Employees Work at Multitrack Engineering?

Unlock and access historical data on people associated with Multitrack Engineering, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Multitrack Engineering Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Multitrack Engineering, 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 Multitrack Engineering'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 Multitrack Engineering

Recent activity within the organization

  • Annual General Meeting

    Multitrack Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Multitrack Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.93 Cr with Charge ID 10044719 was registered on 17 Mar 2007.

  • Charges

    A charge with State Bank Of India amounted to Rs. 9.25 Cr with Charge ID 90372503 was registered on 28 Apr 2000.

  • Charges

    A charge with Syndicate Bank amounted to Rs. 0.04 Cr with Charge ID 90372601 was registered on 25 Jul 1999.

  • Director Appointment

    Ambadi Sreedevi was appointed as a Director was appointed as a Director on 30 Mar 1998 & has been associated with this company since 27 years 2 days .

Frequently asked questions

  • What is the Incorporation or founding date of Multitrack Engineering Private Limited?

    Multitrack Engineering Private Limited was incorporated on 11 Jun 1975.

  • What is authorized share capital and paid-up capital of Multitrack Engineering Private Limited?

    The authorized share capital of Multitrack Engineering Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 2.89 M.

  • Who are the current board members & directors of Multitrack Engineering Private Limited?

    Currently 2 directors are associated with Multitrack Engineering Private Limited.

    • Ambadi Sreedevi
    • Ravi Kumar Karunakaran

  • What is the registered address of Multitrack Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Multitrack Engineering Private Limited is No.10 B 2Nd Phase Peenyaindustrial Area, India, Bangalore, Karnataka, 560058.

  • What is the corporate identification number (CIN) and company number of Multitrack Engineering Private Limited?

    The corporate identification number (CIN) of Multitrack Engineering Private Limited is U31909KA1975PTC002805 and the company number is 002805 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Multitrack Engineering Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Multitrack Engineering Private Limited has risen by 116.90%.

  • What change has been observed in the net worth of Multitrack Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Multitrack Engineering Private Limited has experienced an downturn of -71.32%.

  • What are the total open charges for Multitrack Engineering Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Multitrack Engineering Private Limited amount to ₹ 21.11 Cr.

  • When was the last Balance Sheet of Multitrack Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Multitrack Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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