Myco Electricals Private Limited

Manufactures various types of cables for clients such as BSNL, Adani, and Indian Railways.

1984 | Delhi (India) | Active
Last Updated: October 24, 2024

Myco Electricals Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.22 Cr
  • Company Age 41 Year, 20 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.52 Cr
  • Satisfied Charges ₹ 15.60 Cr
  • Revenue Growth 72.24%
  • Profit Growth -13.33%
  • Ebitda -69.48%
  • Net Worth 10.63%
  • Total Assets -14.63%

About Myco Electricals

Myco Electricals Private Limited (MEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 1984 and has a history of 41 years. Its registered office is in Delhi, India.

The Corporate was formerly known as Myco India Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.22 Cr.

The company currently has active open charges totaling ₹9.52 Cr. The company has closed loans amounting to ₹15.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mohtashim Aquil and Samir Iqbal serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1984PTC017456

  • Company No.

    017456

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 1984

  • Date of AGM

    21 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

Who are the key members and board of directors at Myco Electricals?

Board Members (2)

Name Designation Appointment Date Status
Mohtashim Aquil Country flag representing In Director 01-Dec-2005 Current
Samir Iqbal Country flag representing In Director 16-May-1988 Current

Financial Performance of Myco Electricals.

Myco Electricals Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 72.24% increase. The company also saw a substantial fall in profitability, with a 13.33% decrease in profit. The company's net worth Soared by an impressive increase of 10.63%.

Graph illustrating revenue growth over time
Graph showing 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
72.24%
Revenue from Operations
72.97%
Total Assets
-14.63%
Profit or Loss
-13.33%
Net Worth
10.63%
EBITDA
-69.48%

What is the Ownership and Shareholding Structure of Myco Electricals?

In 2023, Myco Electricals had a promoter holding of 62.63% and a public holding of 37.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.52 Cr

Satisfied Charges

₹15.60 Cr

Charges Breakdown by Lending Institutions

  • Others : 7.38 Cr
  • Hdfc Bank Limited : 2.14 Cr

Latest Charge Details

Date Lender Amount Status
27 Mar 2024 Others ₹5.00 Cr Open
30 Dec 2023 Others ₹0.80 M Open
14 Apr 2023 Hdfc Bank Limited ₹1.40 M Open
28 Apr 2022 Hdfc Bank Limited ₹2.00 Cr Open
28 Aug 2020 Others ₹2.30 Cr Open

How Many Employees Work at Myco Electricals?

Myco Electricals has a workforce of 30 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Myco Electricals, 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 Myco Electricals'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 Myco Electricals

Recent activity within the organization

  • Annual General Meeting

    Myco Electricals Private Limited last Annual general meeting of members was held on 21 Sep 2024 as per latest MCA records.

    21 Sep 2024

  • Balance Sheet

    Myco Electricals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100904330 was registered on 27 Mar 2024.

    27 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100838234 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100705286 was registered on 14 Apr 2023.

    14 Apr 2023

  • Charges

    A charge with Others of Rs. 2.30 Cr registered on 28 Aug 2020 with Charge ID 100373018 was modified on 06 Jan 2023.

    06 Jan 2023

Frequently asked questions

  • Myco Electricals Private Limited was incorporated on 13 Jan 1984.

  • The authorized share capital of Myco Electricals Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.22 Cr.

  • Currently 2 directors are associated with Myco Electricals Private Limited.

    • Mohtashim Aquil
    • Samir Iqbal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Myco Electricals Private Limited is D-2/3 Okhala Industrial Area, Ii Floor (Front Side) Phase - Ii India, New Delhi, 110020.

  • The corporate identification number (CIN) of Myco Electricals Private Limited is U74899DL1984PTC017456 and the company number is 017456 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Myco Electricals Private Limited is https://www.mycoelectricals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Myco Electricals Private Limited has risen by 72.24%.

  • As Per 2023 financial reports, 30 employees are currently employed by Myco Electricals Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Myco Electricals Private Limited has experienced an upsurge of 10.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Myco Electricals Private Limited amount to ₹ 9.52 Cr.

  • The most recent Balance Sheet for Myco Electricals Private Limited was filed with the ROC on 31 Mar 2024.

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