MCN Ventures Limited
About MCN Ventures Limited
Data last updated:
MCN Ventures Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the electric instrument segment of the electrical equipment sector. It was incorporated on 21 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U68200TN1994PLC028148. Its GSTIN is 33AAACB4548F2Z0 (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹71.5 Lakh. It was formerly known as Mcn Ventures Private Limited. It is led by directors including Mahaveer Chand Nahar and Madan Chand Nahar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Second Floor No. 1/1, Raja Annamalai Road Purasawalkam Chennai – 600084, Tamil Nadu, India – 600084.
As per the financials filed for FY 2020, the company reported a revenue of ₹85.28 Lakh, a growth of 49% compared to the previous year. For the same year it recorded a net loss of ₹23.34 Lakh (net margin -27.4%) and EBITDA of ₹42.54 Lakh (EBITDA margin 49.9%). Revenue has grown at a compounded annual rate (CAGR) of 109% over three years and 869% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16.64 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
MCN Ventures has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U68200TN1994PLC028148, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200TN1994PLC028148 | Current |
| U68200TN1994PTC028148 | Previous |
| U52100TN1994PTC028148 | Previous |
| U65921TN1994PTC028148 | Previous |
| U17100TN1994PTC028148 | Previous |
Contact details
MCN Ventures Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressSecond Floor No. 1/1, Raja Annamalai Road Purasawalkam Chennai – 600084, Tamil Nadu, India – 600084
- IndustryElectrical, Electric Instrument, Distributors
- 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
Financials of MCN Ventures Limited
FY 2025 filings availableMCN Ventures Limited reported revenue of ₹85.28 Lakh (up 49% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 869% over five years, including 49% growth 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹85.28 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42.54 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.34 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.9% | ||||
| Net Profit Margin | -27.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of MCN Ventures Limited, buy the company report.
Board of directors of MCN Ventures Limited
MCN Ventures has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahaveer Chand Nahar Also directs: Milliondots Ecom LLP | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
| Madan Chand Nahar | Director | 21 Jul 1994 | 32 Years 3 Months | Current |
| Siddharth Nahar Also directs: MCN Green Ventures Private Limited | Director | 01 Dec 2020 | 5 Years 10 Months | Current |
| Rakhi Jain Also directs: Milliondots Ecom LLP, MCN Green Ventures Private Limited | Director | 16 Jul 2025 | 1 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101033411 | Hdfc Bank Limited | ₹16.64 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MCN Ventures Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MCN Ventures Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MCN Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACB4548F2Z0 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MCN Ventures Limited, buy the company report.
Recent activity
MCN Ventures Limited has 9 board changes on record since 1994: 4 appointments and 5 cessations. The latest: Mahaveer Chand Nahar was appointed as Director on 16 Jul 2025.
1 earlier event is in the company report.
Frequently asked questions
MCN Ventures is an active public limited company based in Chennai, Tamil Nadu, India. The company works in electric instrument, within the electrical industry. It was incorporated on 21 July 1994 (32+ years old) and is registered under CIN U68200TN1994PLC028148.
MCN Ventures has 4 current directors:
- Mahaveer Chand Nahar - Director
- Madan Chand Nahar - Director
- Siddharth Nahar - Director
- Rakhi Jain - Director
The latest financial statements of MCN Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MCN Ventures is 33AAACB4548F2Z0, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of MCN Ventures is U68200TN1994PLC028148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MCN Ventures was incorporated on 21 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chennai.
Mahaveer Chand Nahar was appointed as Director on 16 Jul 2025. Rakhi Jain was appointed as Director on 16 Jul 2025. Ashish Sonal ceased to be Director on 31 Dec 2020. MCN Ventures has 9 board changes on record in total.
The registered office of MCN Ventures is at Second Floor No. 11, Raja Annamalai Road Purasawalkam Chennai – 600084, Tamil Nadu, India – 600084.
MCN Ventures operates in the electrical industry, in the electric instrument segment.
MCN Ventures has open charges of ₹16.64 Lakh and no satisfied charges on record as per latest MCA filings.