Memg Holdings Private Limited
About Memg Holdings Private Limited
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Memg Holdings Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Memg International India Pvt Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the investment banking and advisory segment of the financial services sector. It was incorporated on 07 November 2003.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U08030KA2003PTC032827.
The company had an authorised share capital of ₹4.75 Cr and a paid-up capital of ₹4.75 Cr. It was led by directors including Ranjan Ramdas Pai and Rajen Krishnanand Padukone.
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at #24/1 15th Floor J W Marriott Vittal Mallya, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.37 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹2.49 Cr and EBITDA of ₹2.49 Cr.
Its group structure included 2 subsidiaries.
The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2016.
Company details
Contact details
Memg Holdings Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#24/1 15th Floor J W Marriott Vittal Mallya, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Memg Holdings 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 Memg Holdings is financial and insurance service. In detail, this covers activities by trusts, funds and other financial holding companies.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K2 | Activities by Trusts, funds and other financial holding companies |
To see the full business activity and turnover split of Memg Holdings Private Limited, buy the company report.
Financials of Memg Holdings Private Limited
FY 2017 filings availableMemg Holdings Private Limited reported revenue of ₹1.37 Lakh (down 96% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 96% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.37 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.49 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹2.49 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Memg Holdings Private Limited, buy the company report.
Board of directors of Memg Holdings Private Limited
Memg Holdings has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjan Ramdas Pai | Director | 07 Nov 2003 | 23 Years 0 Months | As last reported |
| Rajen Krishnanand Padukone Also directs: VST Tillers Tractors Limited | Director | 14 Aug 2017 | 9 Years 2 Months | As last reported |
| Shruti Ranjan Pai Also directs: Sagework Design LLP | Director | 25 Mar 2005 | 21 Years 7 Months | As last reported |
Auditor
Memg Holdings Private Limited is audited by SRIRAMULU NAIDU & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIRAMULU NAIDU & CO | FY 2016 | 008975S |
Shareholding
The shareholding of Memg Holdings Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Memg Holdings Private Limited, buy the company report.
Deals & funding
Memg Holdings Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Memg International India Private Limited Seller: 2 individuals |
| Jun 2015 | Rights issue | ₹4.74 Cr | Investors: Memg International India Private Limited |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
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 Memg Holdings 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 Memg Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Memg Holdings has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Manipal Cure and Care Private Limited | U85110KA2007PTC041493 | |
| Manipal Cure and Care Pvt Ltd | U85110KA2007PTC041493 |
To see the full group structure of Memg Holdings Private Limited, buy the company report.
GST
No GST registration is on our record for Memg Holdings Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Memg Holdings Private Limited has 5 board changes on record since 2003: 3 appointments and 2 cessations. The latest: Rajen Krishnanand Padukone was appointed as Director on 14 Aug 2017.
Frequently asked questions
Memg Holdings 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.
Memg Holdings was a private limited company based in Bangalore, Karnataka, India. The company worked in investment banking and advisory, within the financial services industry. It was incorporated on 07 November 2003 and is registered under CIN U08030KA2003PTC032827. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Memg Holdings was incorporated on 07 November 2003. It is registered with the Registrar of Companies, Bangalore.
Memg Holdings had 3 directors:
- Ranjan Ramdas Pai - Director
- Rajen Krishnanand Padukone - Director
- Shruti Ranjan Pai - Director
The CIN (Corporate Identification Number) of Memg Holdings is U08030KA2003PTC032827. 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 Memg Holdings is at #241 15th Floor J W Marriott Vittal Mallya, Bangalore, Karnataka, India – 560001.
The latest financial statements of Memg Holdings on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
Memg Holdings operated in the financial services industry, in the investment banking and advisory segment.
Memg Holdings has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2016.
Rajen Krishnanand Padukone was appointed as Director on 14 Aug 2017. Ramdas Madhava Pai ceased to be Director on 16 Jul 2015. Vasanthi Ramdas Pai ceased to be Director on 16 Jul 2015. Memg Holdings has 5 board changes on record in total.
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