Mycol Distributors Private Limited

Retail and leasing services for textiles and real estate properties, incorporated in 1963.

1963 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Mycol Distributors Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.11 M
  • Company Age 61 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 21.00 Cr
  • Satisfied Charges ₹ 27.84 Cr
  • Revenue Growth 3.74%
  • Profit Growth -2.74%
  • Ebitda -9.91%
  • Net Worth 14.03%
  • Total Assets 22.59%

About Mycol Distributors

Mycol Distributors Private Limited (MDPL) was founded in India on 20 September 1963 and has a glorious history of 61 years and four months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Financial Services 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 1.00 M and a paid-up capital of Rs 0.11 M.

The company currently has active open charges totaling ₹21.00 Cr. The company has closed loans amounting to ₹27.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vasanadu Govind and Nagaprasanna Vasanadu serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52321TN1963PTC005078

  • Company No.

    005078

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Sep 1963

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services
Home & Lifestyle

Who are the key members and board of directors at Mycol Distributors?

Board Members (2)

Name Designation Appointment Date Status
Vasanadu Govind Country flag representing In Director 16-Jan-2001 Current
Nagaprasanna Vasanadu Country flag representing In Director Current

Financial Performance of Mycol Distributors.

Mycol Distributors Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 3.74% increase. The company also saw a slight decrease in profitability, with a 2.74% decrease in profit. The company's net worth Soared by an impressive increase of 14.03%.

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
3.74%
Revenue from Operations
-0.78%
Total Assets
22.59%
Profit or Loss
-2.74%
Net Worth
14.03%
EBITDA
-9.91%

What is the Ownership and Shareholding Structure of Mycol Distributors?

In 2023, Mycol Distributors 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

₹210.00 M

Satisfied Charges

₹278.45 M

Charges Breakdown by Lending Institutions

  • Others : 18.00 Cr
  • Icici Bank Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Feb 2024 Others ₹3.00 Cr Open
24 Apr 2023 Others ₹4.00 Cr Open
20 Nov 2022 Others ₹11.00 Cr Open
31 Jan 2006 Icici Bank Limited ₹3.00 Cr Open
06 Feb 2015 Deutsche Bank Ag ₹1.80 Cr Satisfied

How Many Employees Work at Mycol Distributors?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mycol Distributors, 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 Mycol Distributors'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 Mycol Distributors

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100885704 was registered on 29 Feb 2024.

    29 Feb 2024

  • Annual General Meeting

    Mycol Distributors Private Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 40.00 M with Charge ID 100722020 was registered on 24 Apr 2023.

    24 Apr 2023

  • Balance Sheet

    Mycol Distributors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 110.00 M with Charge ID 100643628 was registered on 20 Nov 2022.

    20 Nov 2022

  • Charges

    A charge registered on 06 Feb 2015 via Charge ID 10550616 with Deutsche Bank Ag was fully satisfied on 04 Mar 2021.

    04 Mar 2021

Frequently asked questions

  • Mycol Distributors Private Limited was incorporated on 20 Sep 1963.

  • The authorized share capital of Mycol Distributors Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.11 M.

  • Currently 2 directors are associated with Mycol Distributors Private Limited.

    • Vasanadu Govind
    • Nagaprasanna Vasanadu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mycol Distributors Private Limited is C-45 Thiru Vi Industrial Estate, India, Guindy, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Mycol Distributors Private Limited is U52321TN1963PTC005078 and the company number is 005078 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mycol Distributors Private Limited has risen by 3.74%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mycol Distributors Private Limited has experienced an upsurge of 14.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mycol Distributors Private Limited amount to ₹ 21.00 Cr.

  • The most recent Balance Sheet for Mycol Distributors Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile Retail & Distribution