About Mei Leathers Private Limited
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Mei Leathers Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 20 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18203TN1992PTC023858. Its GSTIN is 33AAACM5220F1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Meyappan Kannathal and Meyyappan Ulagappan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 86 Bajanai Koil St Pammal Madras – 600075, Chennai, Tamil Nadu, India – 600075.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.52 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.34 Lakh (net margin 0.5%) and EBITDA of ₹5.25 Lakh (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 14% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saraleathers.com.
Company details
Contact details
Mei Leathers Private Limited's registered office is in Chennai, Tamil Nadu. Its website is saraleathers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address86 Bajanai Koil St Pammal Madras – 600075, Chennai, Tamil Nadu, India – 600075
- IndustryConsumer Goods, Leather Goods Manufacturing
To see the full contact details of Mei Leathers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mei Leathers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mei Leathers Private Limited, buy the company report.
Financials of Mei Leathers Private Limited
FY 2024 filings availableMei Leathers Private Limited reported revenue of ₹4.52 Cr (up 4% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹5.25 Lakh | ||||
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| Net Profit (PAT) | ₹2.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Mei Leathers Private Limited, buy the company report.
Board of directors of Mei Leathers Private Limited
Mei Leathers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meyappan Kannathal | Additional Director | 04 Apr 2023 | 3 Years 7 Months | Current |
| Meyyappan Ulagappan | Additional Director | 06 Mar 2023 | 3 Years 8 Months | Current |
Auditor
Mei Leathers Private Limited is audited by S MURALI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S MURALI & ASSOCIATES | FY 2022 | 013015S |
Shareholding
The shareholding of Mei Leathers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mei Leathers Private Limited, buy the company report.
Legal cases
Mei Leathers Private Limited has 1 court case on record: 1 filed by Mei Leathers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (ESI.OP) | Filed by the company against Employees State Insurance Corporation | Disposed |
To see the full case history of Mei Leathers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mei Leathers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mei Leathers Private Limited has a workforce of 10 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Mei Leathers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACM5220F1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mei Leathers Private Limited, buy the company report.
Recent activity
Mei Leathers Private Limited has 4 board changes on record since 2023: 2 appointments and 2 cessations. The latest: Meyappan Kannathal was appointed as Additional Director on 04 Apr 2023.
Frequently asked questions
Mei Leathers is an active private limited company based in Chennai, Tamil Nadu, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 20 November 1992 (34+ years old) and is registered under CIN U18203TN1992PTC023858.
Mei Leathers has 2 current directors:
- Meyappan Kannathal - Additional Director
- Meyyappan Ulagappan - Additional Director
The latest financial statements of Mei Leathers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mei Leathers is 33AAACM5220F1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mei Leathers is U18203TN1992PTC023858. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mei Leathers has 1 court case on record: 1 filed by the company.
Mei Leathers was incorporated on 20 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
Meyappan Kannathal was appointed as Additional Director on 04 Apr 2023. Somasundaram Eeyarpahai ceased to be Director on 04 Apr 2023. Meyyappan Ulagappan ceased to be Director on 22 Mar 2023. Mei Leathers has 4 board changes on record in total.
Mei Leathers can be reached through the website saraleathers.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Mei Leathers is at 86 Bajanai Koil St Pammal Madras – 600075, Chennai, Tamil Nadu, India – 600075.
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