Myung Sung India Precision Private Limited

Manufactures molds and dies, offers repair and maintenance services.

2006 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 04, 2025

Myung Sung India Precision Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 21.91 Cr
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 12.08 Cr
  • Satisfied Charges ₹ 2.00 Cr
  • Revenue Growth -20.52%
  • Profit Growth -101.48%
  • Ebitda -44.55%
  • Net Worth -0.52%
  • Total Assets 1.07%

About Myung Sung India Precision

Myung Sung India Precision Private Limited (MSIPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 2006 and has a history of 18 years and six months. Its registered office is in Kanchipuram, 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 2024. It's a company limited by shares with an authorized capital of Rs 22.00 Cr and a paid-up capital of Rs 21.91 Cr.

The company currently has active open charges totaling ₹12.08 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Myung Sung India Precision Private Limited India is Rajshree Bachhawat as COMPANY SECRETARY. Changgu Lee and Sanghyup An serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25199TN2006PTC060667

  • Company No.

    060667

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Myung Sung India Precision?

Executive Team (1)

Name Designation Appointment Date Status
Rajshree Bachhawat Company Secretary 01-Oct-2020 Current

Board Members (2)

Name Designation Appointment Date Status
Changgu Lee Country flag representing Kp Director 26-Feb-2020 Current
Sanghyup An Country flag representing Kr Director 03-Jan-2011 Current

Financial Performance of Myung Sung India Precision.

Myung Sung India Precision Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 20.52% decrease. The company also saw a substantial fall in profitability, with a 101.48% decrease in profit. The company's net worth dipped by a decrease of 0.52%.

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
-20.52%
Revenue from Operations
-16.46%
Total Assets
1.07%
Profit or Loss
-101.48%
Net Worth
-0.52%
EBITDA
-44.55%

What is the Ownership and Shareholding Structure of Myung Sung India Precision?

In 2020, Myung Sung India Precision 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

₹12.08 Cr

Satisfied Charges

₹2.00 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 12.00 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
16 Sep 2014 Yes Bank Limited ₹12.00 Cr Open
04 Jul 2010 Hdfc Bank Limited ₹0.79 M Open
17 May 2013 Shinhan Bank ₹2.00 Cr Satisfied

How Many Employees Work at Myung Sung India Precision?

Myung Sung India Precision has a workforce of 32 employees as of Apr 09, 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 Myung Sung India Precision, 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 Myung Sung India Precision'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 Myung Sung India Precision

Recent activity within the organization

  • Annual General Meeting

    Myung Sung India Precision Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Myung Sung India Precision Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Rajshree Bachhawat was appointed as a Company Secretary was appointed as a Company Secretary on 01 Oct 2020 & has been associated with this company since 4 years 4 months .

    01 Oct 2020

  • Director Appointment

    Changgu Lee was appointed as a Director was appointed as a Director on 26 Feb 2020 & has been associated with this company since 4 years 11 months .

    26 Feb 2020

  • Charges

    A charge registered on 17 May 2013 via Charge ID 10431469 with Shinhan Bank was fully satisfied on 12 Jan 2015.

    12 Jan 2015

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 12.00 Cr with Charge ID 10527143 was registered on 16 Sep 2014.

    16 Sep 2014

Frequently asked questions

  • Myung Sung India Precision Private Limited was incorporated on 26 Jul 2006.

  • The authorized share capital of Myung Sung India Precision Private Limited is ₹ 22.00 Cr and paid-up capital is ₹ 21.91 Cr.

  • Currently 3 directors are associated with Myung Sung India Precision Private Limited.

    • Changgu Lee
    • Rajshree Bachhawat
    • Sanghyup A An
  • As per Ministry of Corporate Affairs (Mca), the registered address of Myung Sung India Precision Private Limited is Plot No.276, 277 278 Sri Gajalakshmi Nagar Survey No.290/7 Irungattukottai Village India, Sriperumbudur, Tamil Nadu, 602117.

  • The corporate identification number (CIN) of Myung Sung India Precision Private Limited is U25199TN2006PTC060667 and the company number is 060667 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Myung Sung India Precision Private Limited has fallen by -20.52%.

  • As Per 2020 financial reports, 32 employees are currently employed by Myung Sung India Precision Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Myung Sung India Precision Private Limited has experienced an downturn of -0.52%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Myung Sung India Precision Private Limited amount to ₹ 12.08 Cr.

  • The most recent Balance Sheet for Myung Sung India Precision Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Die Casting & Metal Forming