Micon Engineers (Hubli) Private Limited - Company Profile

It is a machinery and equipment private limited company based in Dharwad, Karnataka, India, established in 2006.
2006 Dharwad, Karnataka, India Active
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About Micon Engineers (Hubli) Private Limited

Micon Engineers (Hubli) Private Limited, a active private limited company, was established on 17 March 2006 in Dharwad, Karnataka, India. Engaging in industrial control valves & systems within the manufacturing sector, it holds CIN: U29120KA2006PTC038765. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.15 Cr.

It upholds a compliant status. Employing 111 professional, Its leadership includes Rukasana Naikwadi (Director), Abdulqayyum Naikwadi (Director), Shamsheer Ahmad Mukthar Ahamad Naikwadi (Director). Past directors included Amreen Banu Anees Ahmed Naikwadi, Muktharahmed Abdulrehman Naikwadi, Mahabubi Muktharaahmad Nayakavadi. It holds ₹37.95 Cr open charges and ₹6.09 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot.No-110, And 111, Rayapur Industrial Area, Kiadb,, Dharwad, Karnataka, 580009.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29120KA2006PTC038765

  • Registration Number

    038765

  • Incorporation Date

    17 March 2006

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.15 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.15 Cr
  • Company Age 19 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.95 Cr
  • Satisfied Charges ₹ 6.09 Cr
  • Revenue Growth **** 27.49%
  • Profit Growth **** 26.79%
  • Ebitda **** 42.81%
  • Net Worth 13.91%
  • Total Assets **** 23.80%
Company report

Micon Engineers (Hubli) Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Micon Engineers (Hubli) 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 Micon Engineers (Hubli) Private Limited?
Current Directors
Name Designation Appointment Date Status
Rukasana Naikwadi Director 06 Oct 2020 Current
Abdulqayyum Naikwadi Director 17 Mar 2006 Current
Shamsheer Ahmad Mukthar Ahamad Naikwadi Director 17 Mar 2006 Current
Anis Ahmed Muktharahamad Naikwadi Managing Director 17 Mar 2006 Current
Irfan Ahmed Muktharahmed Naikwadi Director 17 Mar 2006 Current
Liyakhatahmed Muktharahmed Naikwadi Director 17 Mar 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 24 Sep 2011 Past
Pramod Abcsdd Director 02 Sep 2016 Past
Pramod Abcsdd Director 10 Mar 2019 Past
Pramod Abcsdd Director 30 Jul 2020 Past
Pramod Abcsdd Director 06 Oct 2020 Past

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Financial Performance of Micon Engineers (Hubli).

Micon Engineers (Hubli) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.49% increase. The company also saw a substantial improvement in profitability, with a 26.79% increase in profit. The company's net worth Soared by an impressive increase of 13.91%.

Micon Engineers (Hubli) revenue growth over time
Micon Engineers (Hubli) profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 27.49%
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Revenue from Operations
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 27.83%
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Total Assets
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 23.80%
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Profit or Loss
*******
 26.79%
*******
*******
*******
*******
Net Worth
*******
 13.91%
*******
*******
*******
*******
EBITDA
*******
 42.81%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Micon Engineers (Hubli)?

In 2023, Micon Engineers (Hubli) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹379,533,672.00

Satisfied Charges

₹60,946,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 20.82 Cr
  • Syndicate Bank : 11.95 Cr
  • Karnataka State Financial Corporation : 4.59 Cr
  • Hdfc Bank Limited : 0.30 Cr
  • Others : 0.29 Cr
Latest Charge Details
Date Lender Amount Status
27 Mar 2025 Others ₹2.90 M Open
22 Apr 2024 Canara Bank ₹2.55 M Open
01 Sep 2023 Canara Bank ₹3.12 M Open
03 Jan 2023 Karnataka State Financial Corporation ₹1.00 Cr Open
23 Aug 2022 Canara Bank ₹2.57 M Open

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How Many Employees Work at Micon Engineers (Hubli)?

Micon Engineers (Hubli) has a workforce of 111 employees as of Apr 05, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Micon Engineers (Hubli), 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 Micon Engineers (Hubli)'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.

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Latest Updates, News, and FAQs on Micon Engineers (Hubli)
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 0.29 Cr with Charge ID 101086134 was registered on 27 Mar 2025. was documented.

  • Annual General Meeting

    Progress on Micon Engineers (Hubli) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Canara Bank of Rs. 18.00 Cr registered on 08 Dec 2014 with Charge ID 10540246 was modified on 02 May 2024. was completed.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.26 Cr with Charge ID 100916777 was registered on 22 Apr 2024. was recorded as a recent event.

  • Balance Sheet

    Progress on Micon Engineers (Hubli) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    A charge with Canara Bank amounted to Rs. 0.31 Cr with Charge ID 100782834 was registered on 01 Sep 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Micon Engineers (Hubli) Private Limited?

The CIN of Micon Engineers (Hubli) Private Limited is U29120KA2006PTC038765.

Where is Micon Engineers (Hubli) Private Limited headquartered?

Micon Engineers (Hubli) Private Limited is headquartered at Plot.No-110, And 111, Rayapur Industrial Area, Kiadb,, Dharwad, Karnataka, 580009.

When was Micon Engineers (Hubli) Private Limited incorporated?

Micon Engineers (Hubli) Private Limited was incorporated on 17 March 2006.

Who are the current directors of Micon Engineers (Hubli) Private Limited?

The current directors of Micon Engineers (Hubli) Private Limited are

What is the primary industry of Micon Engineers (Hubli) Private Limited?

The primary industry of Micon Engineers (Hubli) Private Limited is Manufacturing.

Is Micon Engineers (Hubli) Private Limited a listed company?

Micon Engineers (Hubli) Private Limited is unlisted.

What is the capital structure of Micon Engineers (Hubli) Private Limited?

The authorized capital of Micon Engineers (Hubli) Private Limited is ₹5.00 Cr, and the paid-up capital is ₹3.15 Cr.

What is the compliance status of Micon Engineers (Hubli) Private Limited?

The compliance status of Micon Engineers (Hubli) Private Limited is Compliant.

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