Mygans Melt P Ltd

Manufactures and sells castings, forgings, and sintered products since 1981 in Chennai, Tamil Nadu.

1981 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 11, 2024

Mygans Melt P Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 43 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 23.07 Cr
  • Revenue Growth %
  • Profit Growth 336.85%
  • Ebitda -109.65%
  • Net Worth 0.43%
  • Total Assets 0.53%

About Mygans Melt P

Mygans Melt P Ltd (MMPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 July 1981 and has a history of 43 years and seven months. Its registered office is in Chennai, 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 4.00 M and a paid-up capital of Rs 1.50 M.

The company has closed loans amounting to ₹23.07 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Shivkumar Balaram, Sudha Ramesh, and Bikram Shivkumar 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

    U27104TN1981PTC008875

  • Company No.

    008875

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Mygans Melt P?

Board Members (3)

NameDesignationAppointment DateStatus
Bikram Shivkumar Country flag representing In Director 01-Sep-2009Current
Shivkumar Balaram Country flag representing In Director 16-Jul-1996Current
Sudha Ramesh Country flag representing In Director 19-Aug-2002Current

Financial Performance of Mygans Melt P.

Mygans Melt P Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 336.85% increase in profit. The company's net worth moved up by a moderate rise of 0.43%.

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
Revenue from Operations
Total Assets
0.53%
Profit or Loss
336.85%
Net Worth
0.43%
EBITDA
-109.65%

What is the Ownership and Shareholding Structure of Mygans Melt P?

In 2023, Mygans Melt P had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹230.72 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 19.50 Cr
  • Bank Of Madura Ltd. : 1.30 Cr
  • City Union Bank : 0.75 Cr
  • City Unionbank Ltd. : 0.75 Cr
  • Indian Overseas Bank : 0.45 Cr
  • Others : 0.32 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 2004State Bank Of India₹19.50 CrSatisfied
17 Sep 2002City Unionbank Ltd.₹7.50 MSatisfied
01 Sep 2002City Union Bank₹7.50 MSatisfied
20 Oct 1997Bank Of Madura Ltd.₹0.60 MSatisfied
23 Aug 1997Bank Of Madura Ltd.₹1.00 MSatisfied

How Many Employees Work at Mygans Melt P?

Unlock and access historical data on people associated with Mygans Melt P, 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 Mygans Melt P, 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 Mygans Melt P'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 Mygans Melt P

Recent activity within the organization

  • Annual General Meeting

    Mygans Melt P Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 20 Mar 1986 via Charge ID 90299600 with Bank Of Madura Ltd. was fully satisfied on 31 May 2023.

    31 May 2023

  • Balance Sheet

    Mygans Melt P Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 22 Sep 2004 via Charge ID 90298676 with State Bank Of India was fully satisfied on 21 Apr 2010.

    21 Apr 2010

  • Director Appointment

    Bikram Shivkumar was appointed as a Director was appointed as a Director on 01 Sep 2009 & has been associated with this company since 15 years 5 months .

    01 Sep 2009

  • Charges

    A charge registered on 17 Sep 2002 via Charge ID 90302212 with City Unionbank Ltd. was fully satisfied on 18 Oct 2008.

    18 Oct 2008

Frequently asked questions

  • Mygans Melt P Ltd was incorporated on 15 Jul 1981.

  • The authorized share capital of Mygans Melt P Ltd is ₹ 4.00 M and paid-up capital is ₹ 1.50 M.

  • Currently 3 directors are associated with Mygans Melt P Ltd.

    • Shivkumar Balaram
    • Sudha Ramesh
    • Bikram Shivkumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mygans Melt P Ltd is New No.27 Old No.31-C Iv Seaward Road Valmiki Nagar, Thiruvanmiyur India, Chennai, Tamil Nadu, 600041.

  • The corporate identification number (CIN) of Mygans Melt P Ltd is U27104TN1981PTC008875 and the company number is 008875 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mygans Melt P Ltd has experienced an upsurge of 0.43%.

  • The most recent Balance Sheet for Mygans Melt P Ltd was filed with the ROC on 31 Mar 2023.