Michigan Rubber (India) Limited Company Logo

Michigan Rubber (India) Limited - Company Profile

It is a automotive public limited company based in M.P., Madhya Pradesh, India, established in 1987.

1987 | M.P., Madhya Pradesh, India | Under Liquidation
Last Updated:

About Michigan Rubber (India) Limited

Michigan Rubber (India) Limited, a under liquidation public limited company, was established on 03 February 1987 in M.P., Madhya Pradesh, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U00251MP1987PLC003793. Registered under ROC Roc Gwalior. it is unlisted. It has an authorized capital of ₹12.00 Cr and a paid-up capital of ₹10.84 Cr.

Its leadership includes Malot Singh (Director), Ashish Verma (Additional Director), Mahesh Kumar Verma (Managing Director). Past directors included Chandelkar Vithal Rao, Shailendra Singh Kushwaha. It holds ₹34.20 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2017, with the balance sheet filed on 31 March 2017. It is based at 11Nehru Market In Front Ofnehru Stadium Indore, M.P., Madhya Pradesh, 452001.

Company Details

  • CIN/LLPIN

    U00251MP1987PLC003793

  • Registration Number

    003793

  • Incorporation Date

    03 February 1987

  • Authorized Capital

    ₹12.00 Cr

  • Paid-Up Capital

    ₹10.84 Cr

  • ROC Code

    Roc Gwalior

  • Listing Status

    Unlisted

  • Company Status

    Under Liquidation

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 10.84 Cr
  • Company Age 38 Year, 10 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 34.20 Cr
  • Revenue Growth -94.36%
  • Profit Growth 34.44%
  • Ebitda 62.42%
  • Net Worth -14.90%
  • Total Assets -14.21%
Company report

Michigan Rubber (India) Limited

Company Report FY 2025-2026

Explore comprehensive insights into Michigan Rubber (India) 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 Rubber (India) Limited?

Current Directors

NameDesignationAppointment DateStatus
Malot SinghDirector21 Feb 2000Current
Ashish VermaAdditional Director15 Mar 2010Current
Mahesh Kumar VermaManaging Director26 Aug 2002Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector10 Oct 2009Past
Pramod AbcsddDirector25 Mar 2010Past

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Financial Performance of Michigan Rubber (India).

Michigan Rubber (India) Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 94.36% decrease. The company also saw a substantial improvement in profitability, with a 34.44% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.9%.

Michigan Rubber (India) revenue growth over time
Michigan Rubber (India) 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
-94.36%
Revenue from Operations
-98.55%
Total Assets
-14.21%
Profit or Loss
34.44%
Net Worth
-14.90%
EBITDA
62.42%

What is the Ownership and Shareholding Structure of Michigan Rubber (India)?

In 2017, Michigan Rubber (India) had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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Charges (Loans)

Open Charges

₹342,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 21.80 Cr
  • Industrial Development Bank Of India : 8.00 Cr
  • Madhya Pradesh Financial Corporation Finance House : 3.05 Cr
  • Madhya Pradesh Financial Corporation : 1.35 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2005State Bank Of Mysore₹8.10 CrOpen
22 Feb 2003Madhya Pradesh Financial Corporation Finance House₹9.00 MOpen
09 Dec 2002Madhya Pradesh Financial Corporation Finance House₹7.50 MOpen
02 Nov 2001Industrial Development Bank Of India₹2.50 CrOpen
21 May 2001State Bank Of Mysore₹3.80 CrOpen

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How Many Employees Work at Michigan Rubber (India)?

Michigan Rubber (India) has a workforce of 0 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Michigan Rubber (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Michigan Rubber (India), 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 Rubber (India)'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 Rubber (India)

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Michigan Rubber (India) Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records. was documented.

  • Balance Sheet

    Michigan Rubber (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Gwalior. was recorded as a recent event.

  • Director Appointment

    Ashish Verma was appointed as a Additional Director was appointed as a Additional Director on 15 Mar 2010 & has been associated with this company since 15 years 9 months . was recorded as a recent event.

  • Charges

    A charge with State Bank Of Mysore of Rs. 8.10 Cr registered on 31 Mar 2005 with Charge ID 90206331 was modified on 30 Jul 2005. was recorded as a recent event.

  • Charges

    Progress on A charge with State Bank Of Mysore amounted to Rs. 8.10 Cr with Charge ID 90206331 was registered on 31 Mar 2005. was documented.

  • Charges

    A charge with State Bank Of Mysore of Rs. 3.80 Cr registered on 21 May 2001 with Charge ID 90208867 was modified on 19 Jan 2004. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Michigan Rubber (India) Limited?

    The CIN of Michigan Rubber (India) Limited is U00251MP1987PLC003793.

  • Where is Michigan Rubber (India) Limited headquartered?

    Michigan Rubber (India) Limited is headquartered at 11Nehru Market In Front Ofnehru Stadium Indore, M.P., Madhya Pradesh, 452001.

  • When was Michigan Rubber (India) Limited incorporated?

    Michigan Rubber (India) Limited was incorporated on 03 February 1987.

  • Who are the current directors of Michigan Rubber (India) Limited?

    The current directors of Michigan Rubber (India) Limited are

  • What is the primary industry of Michigan Rubber (India) Limited?

    The primary industry of Michigan Rubber (India) Limited is Manufacturing.

  • Is Michigan Rubber (India) Limited a listed company?

    Michigan Rubber (India) Limited is unlisted.

  • What is the capital structure of Michigan Rubber (India) Limited?

    The authorized capital of Michigan Rubber (India) Limited is ₹12.00 Cr, and the paid-up capital is ₹10.84 Cr.

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