About Memco Engineering Private Limited
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Memco Engineering Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 28 August 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ1981PTC004580. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3.01 Lakh. It is led by directors including Gitaben Kiritbhai Patel and Ramilaben Vikrambhai Patel.
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 119/B Anar Co – Op Industrialestate Near Water Tank B/H Fruit Market Naroda Road, Ahmedabad, Gujarat, India – 380025.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.36 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹15,146 (net margin -11.1%) and EBITDA of -₹15,146 (EBITDA margin -11.1%). Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 60% over five years.
The company has about 120 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Memco Engineering. As per MCA filings, the company has open charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website memcoindia.com.
Company details
Contact details
Memco Engineering Private Limited's registered office is in Ahmedabad, Gujarat. Its website is memcoindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address119/B Anar Co – Op Industrialestate Near Water Tank B/H Fruit Market Naroda Road, Ahmedabad, Gujarat, India – 380025
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Memco Engineering 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
Brands
Memco Engineering operates one associated brand: Memco Engineering. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision machines are manufactured by Memco Engineering in India. | memcoindia.com |
Business activity
The main business activity of Memco Engineering 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 Memco Engineering Private Limited, buy the company report.
Financials of Memco Engineering Private Limited
FY 2024 filings availableMemco Engineering Private Limited reported revenue of ₹1.36 Lakh (down 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 81% fall in the latest year. EBITDA fell 135% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹15,146 | ||||
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| Net Profit (PAT) | -₹15,146 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -11.1% | ||||
| Net Profit Margin | -11.1% | ||||
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To see the full financial statements and ratios of Memco Engineering Private Limited, buy the company report.
Board of directors of Memco Engineering Private Limited
Memco Engineering has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gitaben Kiritbhai Patel | Director | 01 Aug 2006 | 20 Years 2 Months | Current |
| Ramilaben Vikrambhai Patel | Director | 01 Aug 2006 | 20 Years 2 Months | Current |
| Shilpaben Lalitbhai Patel | Director | 01 Aug 2006 | 20 Years 2 Months | Current |
Auditor
Memco Engineering Private Limited is audited by NAIGAM H SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAIGAM H SHAH & CO | FY 2023 | F30071450 |
Shareholding
The shareholding of Memco Engineering Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Memco Engineering Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2011 | 10304848 | Bank of India | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Memco Engineering Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Memco Engineering Private Limited was last rated by Care on 05 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Jan 2023 |
To see the full credit ratings and regulatory alerts of Memco Engineering Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Memco Engineering Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Memco Engineering Private Limited has a workforce of 120 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Memco Engineering has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Memco Engineering Private Limited, buy the company report.
Recent activity
Memco Engineering Private Limited has 5 board changes on record since 1990: 4 appointments and 1 cessation. The latest: Dahyabhai Shankardas Patel ceased to be Director on 15 Jun 2018.
Frequently asked questions
Memco Engineering is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 28 August 1981 (45+ years old) and is registered under CIN U29100GJ1981PTC004580.
Memco Engineering has 3 current directors:
- Gitaben Kiritbhai Patel - Director
- Ramilaben Vikrambhai Patel - Director
- Shilpaben Lalitbhai Patel - Director
The latest financial statements of Memco Engineering 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.
No. Memco Engineering has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Memco Engineering is U29100GJ1981PTC004580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Memco Engineering was incorporated on 28 August 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dahyabhai Shankardas Patel ceased to be Director on 15 Jun 2018. Gitaben Kiritbhai Patel was appointed as Director on 01 Aug 2006. Ramilaben Vikrambhai Patel was appointed as Director on 01 Aug 2006. Memco Engineering has 5 board changes on record in total.
Memco Engineering can be reached through the website memcoindia.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Memco Engineering is at 119B Anar Co – Op Industrialestate Near Water Tank BH Fruit Market Naroda Road, Ahmedabad, Gujarat, India – 380025.
Memco Engineering operates in the metals and minerals industry, in the metal manufacturing and processing segment.