Mechsoul India Private Limited
About Mechsoul India Private Limited
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Mechsoul India Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 10 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51909MP2016PTC041817. Its GSTIN is 23AAKCM6570C1ZL (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jay Singh and Sumiti Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 102 E – 6 Srasti Paradise Shriji Velly Bhicholi Mardana, Indore, Madhya Pradesh, India – 452016.
As per the financials filed for FY 2019, the company reported a revenue of ₹14.72 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net profit of ₹2,752 (net margin 0.2%) and EBITDA of ₹6,372 (EBITDA margin 0.4%).
As per MCA filings, the company has open charges of ₹9.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mechsoul India Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address102 E – 6 Srasti Paradise Shriji Velly Bhicholi Mardana, Indore, Madhya Pradesh, India – 452016
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Mechsoul India 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 Mechsoul India 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 Mechsoul India Private Limited, buy the company report.
Financials of Mechsoul India Private Limited
FY 2019 filings availableMechsoul India Private Limited reported revenue of ₹14.72 Lakh (down 45% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year. EBITDA fell 79% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹14.72 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹6,372 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2,752 | ||
| 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 | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.4% | ||
| Net Profit Margin | 0.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| 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 Mechsoul India Private Limited, buy the company report.
Board of directors of Mechsoul India Private Limited
Mechsoul India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Singh | Director | 10 Nov 2016 | 9 Years 11 Months | Current |
| Sumiti Jain | Director | 31 May 2018 | 8 Years 4 Months | Current |
Auditor
Mechsoul India Private Limited is audited by JAGDISH PATIDAR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAGDISH PATIDAR & ASSOCIATES | FY 2019 | 017577C |
Shareholding
The shareholding of Mechsoul India Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mechsoul India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jan 2024 | 100841014 | Bank of India | ₹9.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mechsoul India Private 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 Mechsoul India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mechsoul India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAKCM6570C1ZL | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mechsoul India Private Limited, buy the company report.
Recent activity
Mechsoul India Private Limited has 3 board changes on record since 2016: 2 appointments and 1 cessation. The latest: Vikrant Patel ceased to be Director on 02 Jun 2018.
Frequently asked questions
Mechsoul India is an active private limited company based in Indore, Madhya Pradesh, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 10 November 2016 (10+ years old) and is registered under CIN U51909MP2016PTC041817.
Mechsoul India has 2 current directors:
- Jay Singh - Director
- Sumiti Jain - Director
The latest financial statements of Mechsoul India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Mechsoul India is 23AAKCM6570C1ZL, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Mechsoul India is U51909MP2016PTC041817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mechsoul India was incorporated on 10 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Gwalior.
Vikrant Patel ceased to be Director on 02 Jun 2018. Sumiti Jain was appointed as Director on 31 May 2018. Jay Singh was appointed as Director on 10 Nov 2016.
The registered office of Mechsoul India is at 102 E – 6 Srasti Paradise Shriji Velly Bhicholi Mardana, Indore, Madhya Pradesh, India – 452016.
Mechsoul India operates in the automotive industry, in the auto dealership and trading segment.
Mechsoul India has open charges of ₹9.5 Lakh and no satisfied charges on record as per latest MCA filings.