About Micromax Energy Limited
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Micromax Energy Limited is a public limited company based in Delhi, India. It operates in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 18 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U37100DL2010PLC209463. Its GSTIN is 07AAGCM8146C1ZJ (Delhi). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Vikas Jain and Rajesh Agarwal.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Plot No – 21/14 Block – A Naraina Industrial Area, Delhi, India – 110028.
As per the financials filed for FY 2018, the company reported a revenue of ₹73 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.27 Cr (net margin -8.6%) and EBITDA of -₹6.16 Cr (EBITDA margin -8.4%).
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Micromax Energy. As per MCA filings, the company has open charges of ₹30 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in October 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website micromaxenergy.com.
Company details
Contact details
Micromax Energy Limited's registered office is in Delhi, Delhi. Its website is micromaxenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No – 21/14 Block – A Naraina Industrial Area, Delhi, India – 110028
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Micromax Energy 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
Brands
Micromax Energy operates one associated brand: MICROMAX ENERGY. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality solar panels and renewable energy products, focusing on solar, wind, battery storage, inverters, and EV charging. | micromaxenergy.com |
Business activity
The main business activity of Micromax Energy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Micromax Energy Limited, buy the company report.
Financials of Micromax Energy Limited
FY 2018 filings availableMicromax Energy Limited reported revenue of ₹73 Cr (up 186% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 186% in the latest year. EBITDA fell 990% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹73 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹6.16 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.27 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -8.4% | |||
| Net Profit Margin | -8.6% | |||
| 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 Micromax Energy Limited, buy the company report.
Board of directors of Micromax Energy Limited
Micromax Energy has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Jain Also directs: MMX Infrastructure LLP, Micromax Informatics Limited, Bihar Cattle Feed Private Limited and 5 more | Director | 18 Oct 2010 | 16 Years 0 Months | Current |
| Rajesh Agarwal Also directs: MMX Infrastructure LLP, Micromax Informatics Limited, Bihar Cattle Feed Private Limited and 5 more | Director | 18 Oct 2010 | 16 Years 0 Months | Current |
| Rahul Sharma Also directs: MMX Infrastructure LLP, Micromax Informatics Limited, Bihar Cattle Feed Private Limited and 5 more | Director | 18 Oct 2010 | 16 Years 0 Months | Current |
| Sumeet Kumar Also directs: MMX Infrastructure LLP, Micromax Informatics Limited, Bihar Cattle Feed Private Limited and 5 more | Director | 18 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Micromax Energy Limited is audited by SANDEEP KULDEEP & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP KULDEEP & CO | FY 2018 | 015163N |
Shareholding
The shareholding of Micromax Energy Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Micromax Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 May 2017 | 100134580 | Hdfc Bank Limited | ₹30 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Micromax Energy Limited has 2 deals on record (2 secondary share transfers); the latest was in October 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Micromax Energy Limited has 4 court cases on record: 4 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Rama Krishna Electro Components Pvt Ltd. | Disposed |
| NCLT, Principal Bench | Insolvency matter | Filed against the company by M/S. Jay Ace Technologies Ltd. | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by individuals | Pending |
| District court, Jalandhar, Punjab | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Micromax Energy Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Micromax Energy Limited was last rated by Crisil on 01 Dec 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Dec 2017 |
To see the full credit ratings and regulatory alerts of Micromax Energy Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Micromax Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Micromax Energy has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCM8146C1ZJ | Delhi | Active | 01 Jul 2017 |
| 03AAGCM8146C1ZR | Punjab | Active | 01 Jul 2017 |
| 06AAGCM8146C1ZL | Haryana | Active | 01 Jul 2017 |
| 08AAGCM8146C1ZH | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Micromax Energy Limited, buy the company report.
Recent activity
Micromax Energy Limited has 8 board changes on record since 2010: 6 appointments and 2 cessations. The latest: Mukesh Gupta ceased to be Managing Director on 09 Oct 2021.
Frequently asked questions
Micromax Energy is an active public limited company based in Delhi, India. The company works in other wholesale, within the trading industry. It was incorporated on 18 October 2010 (16+ years old) and is registered under CIN U37100DL2010PLC209463.
Micromax Energy has 4 current directors:
- Vikas Jain - Director
- Rajesh Agarwal - Director
- Rahul Sharma - Director
- Sumeet Kumar - Director
The latest financial statements of Micromax Energy on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Micromax Energy is 07AAGCM8146C1ZJ, registered in Delhi. The company has 7 GST registrations in all, of which 4 are active and 3 are cancelled or inactive. Other active GSTINs include 03AAGCM8146C1ZR (Punjab), 06AAGCM8146C1ZL (Haryana), 08AAGCM8146C1ZH (Rajasthan).
The CIN (Corporate Identification Number) of Micromax Energy is U37100DL2010PLC209463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Micromax Energy has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the district courts.
Micromax Energy was incorporated on 18 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Delhi.
Micromax Energy has 2 deals on record (2 secondary share transfers); the latest was in October 2016.
Mukesh Gupta ceased to be Managing Director on 09 Oct 2021. Avinash Kumar Jain ceased to be Director on 01 Sep 2016. Avinash Kumar Jain was appointed as Director on 18 Oct 2010. Micromax Energy has 8 board changes on record in total.
Micromax Energy can be reached through the website micromaxenergy.com. Its registered office is in Delhi, India.