Mycrogrip Electronics Private Limited

Manufactures electrical switches and related products since 2019 in Gujarat.

2019 | Rajkot, Gujarat (India) | Active
Last Updated: October 23, 2024

Mycrogrip Electronics Profile

Key Indicators

  • Authorised Capital ₹ 0.30 M
  • Paid Up Capital ₹ 0.30 M
  • Company Age 6 Year, 22 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -56.32%
  • Profit Growth 32.90%
  • Ebitda 31.98%
  • Net Worth -17.30%
  • Total Assets 24.87%

About Mycrogrip Electronics

Mycrogrip Electronics Private Limited (MEPL) is a Private Limited Indian Non-Government Company incorporated in India on 09 January 2019 (Six years 22 days old ). Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Energy And Power 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 0.30 M and a paid-up capital of Rs 0.30 M, as per Ministry of Corporate Affairs (MCA) records.

Sachin Patel, Paresh Jayantilal, and Kanjia Shailesh serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31908GJ2019PTC105962

  • Company No.

    105962

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Jan 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Mycrogrip Electronics?

Board Members (3)

Name Designation Appointment Date Status
Sachin Patel Country flag representing In Director 09-Jan-2019 Current
Paresh Jayantilal Country flag representing In Director 09-Jan-2019 Current
Kanjia Shailesh Country flag representing In Director 09-Jan-2019 Current

Financial Performance of Mycrogrip Electronics.

Mycrogrip Electronics Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.32% decrease. The company also saw a substantial improvement in profitability, with a 32.9% increase in profit. The company's net worth observed a substantial decline by a decrease of 17.3%.

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
-56.32%
Revenue from Operations
-56.31%
Total Assets
24.87%
Profit or Loss
32.90%
Net Worth
-17.30%
EBITDA
31.98%

What is the Ownership and Shareholding Structure of Mycrogrip Electronics?

In 2023, Mycrogrip Electronics 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Mycrogrip Electronics?

Unlock and access historical data on people associated with Mycrogrip Electronics, 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 Mycrogrip Electronics, 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 Mycrogrip Electronics's trajectory.

Rating

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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 Mycrogrip Electronics

Recent activity within the organization

  • Annual General Meeting

    Mycrogrip Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Mycrogrip Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Sachin Kiritbhai Patel was appointed as a Director was appointed as a Director on 09 Jan 2019 & has been associated with this company since 6 years 22 days .

    09 Jan 2019

  • Director Appointment

    Paresh Bhalodia Jayantilal was appointed as a Director was appointed as a Director on 09 Jan 2019 & has been associated with this company since 6 years 22 days .

    09 Jan 2019

  • Director Appointment

    Kanjia Devjibhai Shailesh was appointed as a Director was appointed as a Director on 09 Jan 2019 & has been associated with this company since 6 years 22 days .

    09 Jan 2019

  • Company Incorporation

    Mycrogrip Electronics Private Limited was registered on 09 Jan 2019 with Roc Ahmedabad & aged 6 years 22 days as per MCA records.

    09 Jan 2019

Frequently asked questions

  • Mycrogrip Electronics Private Limited was incorporated on 09 Jan 2019.

  • The authorized share capital of Mycrogrip Electronics Private Limited is ₹ 0.30 M and paid-up capital is ₹ 0.30 M.

  • Currently 3 directors are associated with Mycrogrip Electronics Private Limited.

    • Sachin Kiritbhai Patel
    • Paresh Bhalodia Jayantilal
    • Kanjia Devjibhai Shailesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mycrogrip Electronics Private Limited is 1St Floor Plot No. 12B Survey 401 B/H. Ice Factory Mavdi Plot, India, Rajkot, Gujarat, 360004.

  • The corporate identification number (CIN) of Mycrogrip Electronics Private Limited is U31908GJ2019PTC105962 and the company number is 105962 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mycrogrip Electronics Private Limited is https://www.mycrogrip.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mycrogrip Electronics Private Limited has fallen by -56.32%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mycrogrip Electronics Private Limited has experienced an downturn of -17.30%.

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