Michigan Commerce Private Limited Company Logo

Michigan Commerce Private Limited - Company Profile

It is a real estate and construction private limited company based in Mumbai, Maharashtra, India, established in 1999.

1999 | Mumbai, Maharashtra, India | Active
Last Updated:

About Michigan Commerce Private Limited

Michigan Commerce Private Limited, a active private limited company, was established on 14 December 1999 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U67190MH1999PTC123087. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹4.03 Cr.

It upholds a compliant status. Its leadership includes Ajay Ghanashyam Padval (Director), Pankaj Bhaskar Tike (Director). Past directors included Gurudatta Prabhu, Pankaj Bhaskar Tike, Swapnil Kashinath Kawli. It holds no open charges and ₹23.95 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 201,Durga Apartments, 2Nd Floor Ajmal Road,Vile Parle (East), Mumbai, Maharashtra, 400057.

Company Details

  • CIN/LLPIN

    U67190MH1999PTC123087

  • Registration Number

    123087

  • Incorporation Date

    14 December 1999

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹4.03 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.03 Cr
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 23.95 Cr
  • Revenue Growth -85.29%
  • Profit Growth -85.95%
  • Ebitda -95.43%
  • Net Worth 0.17%
  • Total Assets 8.27%
Company report

Michigan Commerce Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Michigan Commerce Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Michigan Commerce Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Ajay Ghanashyam PadvalDirector15 Dec 1999Current
Pankaj Bhaskar TikeDirector01 Feb 2019Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector16 Feb 2024Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddDirector28 Mar 2011Past

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Financial Performance of Michigan Commerce.

Michigan Commerce Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 85.29% decrease. The company also saw a substantial fall in profitability, with a 85.95% decrease in profit. The company's net worth moved up by a moderate rise of 0.17%.

Michigan Commerce revenue growth over time
Michigan Commerce profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-85.29%
Revenue from Operations
-86.15%
Total Assets
8.27%
Profit or Loss
-85.95%
Net Worth
0.17%
EBITDA
-95.43%

What is the Ownership and Shareholding Structure of Michigan Commerce?

In 2019, Michigan Commerce had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹239,500,000.00

Charges Breakdown by Lending Institutions

  • Others : 15.60 Cr
  • Nkgsb Co-Operative Bank Ltd. : 8.00 Cr
  • Syndicate Bank : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
09 May 2019Others₹2.00 CrSatisfied
22 Sep 2017Others₹2.50 CrSatisfied
31 Mar 2017Others₹1.50 CrSatisfied
14 Dec 2016Others₹5.00 CrSatisfied
19 Mar 2016Others₹1.60 CrSatisfied

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How Many Employees Work at Michigan Commerce?

Unlock and access historical data on people associated with Michigan Commerce, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Michigan Commerce Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Michigan Commerce, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Michigan Commerce's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Michigan Commerce

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Michigan Commerce Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Michigan Commerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    The activity A charge registered on 09 May 2019 via Charge ID 100265750 with Others was fully satisfied on 05 Feb 2024. was completed.

  • Charges

    A charge registered on 22 Sep 2017 via Charge ID 100128125 with Others was fully satisfied on 05 Feb 2024. was recorded as a recent event.

  • Charges

    A charge registered on 31 Mar 2017 via Charge ID 100098780 with Others was fully satisfied on 05 Feb 2024. was recorded as a recent event.

  • Charges

    A charge registered on 14 Dec 2016 via Charge ID 100095394 with Others was fully satisfied on 05 Feb 2024. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Michigan Commerce Private Limited?

    The CIN of Michigan Commerce Private Limited is U67190MH1999PTC123087.

  • Where is Michigan Commerce Private Limited headquartered?

    Michigan Commerce Private Limited is headquartered at 201,Durga Apartments, 2Nd Floor Ajmal Road,Vile Parle (East), Mumbai, Maharashtra, 400057.

  • When was Michigan Commerce Private Limited incorporated?

    Michigan Commerce Private Limited was incorporated on 14 December 1999.

  • Who are the current directors of Michigan Commerce Private Limited?

    The current directors of Michigan Commerce Private Limited are

  • What is the primary industry of Michigan Commerce Private Limited?

    The primary industry of Michigan Commerce Private Limited is Construction.

  • Is Michigan Commerce Private Limited a listed company?

    Michigan Commerce Private Limited is unlisted.

  • What is the capital structure of Michigan Commerce Private Limited?

    The authorized capital of Michigan Commerce Private Limited is ₹5.00 Cr, and the paid-up capital is ₹4.03 Cr.

  • What is the compliance status of Michigan Commerce Private Limited?

    The compliance status of Michigan Commerce Private Limited is Compliant.

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