Mico Plast Industries Profile
Key Indicators
- Authorised Capital ₹ 8.00 Cr
- Paid Up Capital ₹ 4.02 Cr
- Company Age 33 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 59.19 Cr
- Satisfied Charges ₹ 7.99 Cr
- Revenue Growth 22.26%
- Profit Growth 39.54%
- Ebitda 2.57%
- Net Worth 8.12%
- Total Assets 6.57%
About Mico Plast Industries
Mico Plast Industries Private Limited (MPIPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 June 1991 and has a history of 33 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Mico Plast Industries Limited. The Company is engaged in the Packaging Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 8.00 Cr and a paid-up capital of Rs 4.02 Cr.
The company currently has active open charges totaling ₹59.19 Cr. The company has closed loans amounting to ₹7.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Naresh Rangraj, Suraj Agurchand, Sumithra Naresh, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52599TN1991PLC021005
- Company No.
021005
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Jun 1991
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Packaging
What products or services does Mico Plast Industries Private Limited offer?
Mico Plast Industries Private Limited offers a wide range of products and services, including Gusseted, Spout and Stand Up Pouch, Stand Up Pouch, Packaging Solutions, Industrial Packaging Services, Protective Packing Materials, Protective Packaging, Packaging Pouches & Envelopes, Food Packaging Bag, Packaging Films & Foils, Plastic Film.
Mico Plast Industries Private Limited
Explore comprehensive data for Mico Plast Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mico Plast Industries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Agarchand Rangraj  | Managing Director | 24-Apr-2007 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Naresh Rangraj | Director | 10-Jun-1994 | Current |
| Suraj Agurchand | Director | 25-Jun-1991 | Current |
| Sumithra Naresh | Director | 25-Jun-1991 | Current |
Financial Performance of Mico Plast Industries.
Mico Plast Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.26% increase. The company also saw a substantial improvement in profitability, with a 39.54% increase in profit. The company's net worth moved up by a moderate rise of 8.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mico Plast Industries?
In 2023, Mico Plast Industries had a promoter holding of 99.05% and a public holding of 0.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹59.19 Cr
Satisfied Charges
₹7.99 Cr
Charges Breakdown by Lending Institutions
- Others : 32.56 Cr
- Corporation Bank : 26.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Oct 2022 | Others | ₹27.33 Cr | Open |
| 12 May 2020 | Others | ₹4.75 Cr | Open |
| 12 May 2020 | Others | ₹4.75 M | Open |
| 01 Mar 2010 | Corporation Bank | ₹26.63 Cr | Open |
| 31 May 2007 | Industrial Development Bank Of India Limited | ₹3.42 Cr | Satisfied |
How Many Employees Work at Mico Plast Industries?
Mico Plast Industries has a workforce of 133 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mico Plast Industries, 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 Mico Plast Industries's trajectory.
Rating
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
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 Mico Plast Industries
Recent activity within the organization
- Annual General Meeting
Mico Plast Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 27.33 Cr registered on 21 Oct 2022 with Charge ID 100620757 was modified on 18 Jul 2024.
- Balance Sheet
Mico Plast Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge with Others amounted to Rs. 27.33 Cr with Charge ID 100620757 was registered on 21 Oct 2022.
- Charges
A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100338540 was registered on 12 May 2020.
- Charges
A charge with Others amounted to Rs. 0.48 Cr with Charge ID 100338542 was registered on 12 May 2020.
Frequently asked questions
What is the Incorporation or founding date of Mico Plast Industries Private Limited?
Mico Plast Industries Private Limited was incorporated on 25 Jun 1991.
What is authorized share capital and paid-up capital of Mico Plast Industries Private Limited?
The authorized share capital of Mico Plast Industries Private Limited is ₹ 8.00 Cr and paid-up capital is ₹ 4.02 Cr.
Who are the current board members & directors of Mico Plast Industries Private Limited?
Currently 4 directors are associated with Mico Plast Industries Private Limited.
- Naresh Kumar Rangraj
- Suraj Kumari Agurchand
- Sumithra Naresh
- Agarchand Rangraj
What is the registered address of Mico Plast Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mico Plast Industries Private Limited is 55 Vysarpadi Co-Operative Industrial Estate, Vysar Padi India, Chennai, Tamil Nadu, 600039.
What is the corporate identification number (CIN) and company number of Mico Plast Industries Private Limited?
The corporate identification number (CIN) of Mico Plast Industries Private Limited is U52599TN1991PLC021005 and the company number is 021005 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mico Plast Industries Private Limited?
The Official website of Mico Plast Industries Private Limited is https://www.micoplastindustries.com
What has been the recent revenue trend for Mico Plast Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mico Plast Industries Private Limited has risen by 22.26%.
How many employees does Mico Plast Industries Private Limited currently have?
As Per 2023 financial reports, 133 employees are currently employed by Mico Plast Industries Private Limited.
What change has been observed in the net worth of Mico Plast Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mico Plast Industries Private Limited has experienced an upsurge of 8.12%.
What are the total open charges for Mico Plast Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mico Plast Industries Private Limited amount to ₹ 59.19 Cr.
When was the last Balance Sheet of Mico Plast Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Mico Plast Industries Private Limited was filed with the ROC on 31 Mar 2024.
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