About Meloy Metals Private Limited
Data last updated:
Meloy Metals Private Limited was a private limited company based in Chennai, Tamil Nadu, India, operated as a subsidiary of Real Alloy Extruders Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 25 May 2011.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U27310TN2011PTC115709. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹7.75 Cr and a paid-up capital of ₹2.32 Cr. It was formerly known as Vedam Drugs Private Limited. It was led by directors including Ashish Bansal (Managing Director) and Usha Sankar.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at Krm Centre 4th Floor #2 Harrington Road Chetpet, Chennai, Tamil Nadu, India – 600031.
As per the financials filed for FY 2019, the company reported a revenue of ₹56.7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.68 Cr (net margin -6.5%) and EBITDA of -₹50.72 Lakh (EBITDA margin -0.9%).
The company had about 36 employees on its provident fund (EPFO) records before it was dissolved.
The company has 2 deals on record (2 acquisitions); the latest was in May 2019. Its 5 peer companies in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Astha Ferrotech Private Limited with revenue of ₹57.22 Cr.
The last known website on record is meloymetals.com.
Company details
CIN history
Meloy Metals has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27310TN2011PTC115709, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310TN2011PTC115709 | Current |
| U24232AP2011PTC074668 | Previous |
| U24232TG2011PTC074668 | Previous |
| U27310TG2011PTC074668 | Previous |
Contact details
Meloy Metals Private Limited's registered office is in Chennai, Tamil Nadu. Its website is meloymetals.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKrm Centre 4th Floor #2 Harrington Road Chetpet, Chennai, Tamil Nadu, India – 600031
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Meloy Metals 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 Meloy Metals is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Meloy Metals Private Limited, buy the company report.
Financials of Meloy Metals Private Limited
FY 2019 filings availableMeloy Metals Private Limited reported revenue of ₹56.7 Cr (up 1502% YoY) for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹50.72 Lakh | ||||
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| Net Profit (PAT) | -₹3.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.9% | ||||
| Net Profit Margin | -6.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Meloy Metals Private Limited, buy the company report.
Board of directors of Meloy Metals Private Limited
Meloy Metals has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Usha Sankar | Director | 09 Jun 2015 | 11 Years 4 Months | As last reported |
| Anush Chowdary Cherukuri Also directs: Value Chem Private Limited, Bionut Elixir Private Limited | Director | 25 May 2011 | 15 Years 5 Months | As last reported |
| Ashish Bansal Also directs: Pondy Oxides and Chemicals Limited, Harsha Exito Engineering Private Limited, Pocl Future Tech Private Limited and 1 more | Managing Director | 09 Jun 2015 | 11 Years 4 Months | As last reported |
| Kumaravel Krishnamoorthi | Director | 01 Mar 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Meloy Metals Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Metals), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Astha Ferrotech Private Limited | ₹57.22 Cr (FY 2024) | 37.0% | Jamshedpur, Jharkhand, India | |||
| Tulshyan Metals Private Limited | ₹56.78 Cr (FY 2020) | -2.0% | Patna, Bihar, India | |||
| Arni Mech Products Private Limited | ₹56.75 Cr (FY 2024) | -3.0% | Kolhapur, Maharashtra, India | |||
| Meloy Metals Private Limitedthis company | ₹56.7 Cr (FY 2019) | -₹3.68 Cr | -6.5% | 1502.0% | 36 | Chennai, Tamil Nadu, India |
| Tecknoweld Alloys (Overseas) Private Limited | ₹56.17 Cr (FY 2024) | 26.0% | Chennai, Tamil Nadu, India | |||
| Swain Aluminium Private Limited | ₹55.92 Cr (FY 2024) | 45.0% | Khurda, Odisha, India |
To see the full peer comparison of Meloy Metals Private Limited, buy the company report.
Auditor
Meloy Metals Private Limited is audited by L MUKUNDAN & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L MUKUNDAN & ASSOCIATES | FY 2018 | 010283S |
Shareholding
The shareholding of Meloy Metals Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Meloy Metals Private Limited, buy the company report.
Deals & funding
Meloy Metals Private Limited has 2 deals on record (2 acquisitions); the latest was in May 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Acquisition | Undisclosed | Buyer: Pondy Oxides and Chemicals Limited |
| Sep 2017 | Acquisition | Undisclosed | Buyer: Pondy Oxides and Chemicals Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Meloy Metals 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 Meloy Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meloy Metals Private Limited has a workforce of 36 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Meloy Metals has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Meloy Metals Private Limited, buy the company report.
Recent activity
Meloy Metals Private Limited has 10 board changes on record since 2011: 4 appointments and 6 cessations. The latest: Kumaravel Krishnamoorthi ceased to be Additional Director on 28 Sep 2019.
1 earlier event is in the company report.
Frequently asked questions
Meloy Metals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Meloy Metals was a private limited company based in Chennai, Tamil Nadu, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 25 May 2011 and is registered under CIN U27310TN2011PTC115709. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Meloy Metals was incorporated on 25 May 2011. It is registered with the Registrar of Companies, Chennai.
Meloy Metals had 4 directors:
- Ashish Bansal - Managing Director
- Usha Sankar - Director
- Anush Chowdary Cherukuri - Director
- Kumaravel Krishnamoorthi - Director
The CIN (Corporate Identification Number) of Meloy Metals is U27310TN2011PTC115709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Meloy Metals is at Krm Centre 4th Floor #2 Harrington Road Chetpet, Chennai, Tamil Nadu, India – 600031.
Meloy Metals can be reached through the website meloymetals.com. Its registered office is in Chennai, Tamil Nadu, India.
The latest financial statements of Meloy Metals on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
No. Meloy Metals has 3 GST registrations on record and all of them are cancelled or inactive.
Meloy Metals operated in the metals and minerals industry, in the metal manufacturing and processing segment.
Meloy Metals has 2 deals on record (2 acquisitions); the latest was in May 2019.
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