M.I.Industrial Products Private Limited
About M.I.Industrial Products Private Limited
Data last updated:
M.I.Industrial Products Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45201TN2004PTC052984. Its GSTIN is 34AAECM3921D1ZX (Puducherry). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.82 Cr. It is led by directors including Balakrishnan Sudha and Bagirathi Ramasundaram.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 3008 2nd Street 13th Main Road Shanthy Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.21 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net loss of ₹56.94 Lakh (net margin -400.7%) and EBITDA of -₹56.65 Lakh (EBITDA margin -398.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹6.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
M.I.Industrial Products Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo 3008 2nd Street 13th Main Road Shanthy Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of M.I.Industrial Products Private 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
Business activity
The main business activity of M.I.Industrial Products is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of M.I.Industrial Products Private Limited, buy the company report.
Financials of M.I.Industrial Products Private Limited
FY 2024 filings availableM.I.Industrial Products Private Limited reported revenue of ₹14.21 Lakh (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 41%. EBITDA fell 43% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹56.65 Lakh | ||||
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| Net Profit (PAT) | -₹56.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -398.6% | ||||
| Net Profit Margin | -400.7% | ||||
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To see the full financial statements and ratios of M.I.Industrial Products Private Limited, buy the company report.
Board of directors of M.I.Industrial Products Private Limited
M.I.Industrial Products has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balakrishnan Sudha | Director | 19 Nov 2021 | 4 Years 11 Months | Current |
| Bagirathi Ramasundaram | Director | 16 Apr 2004 | 22 Years 6 Months | Current |
| Ramasundaram Balakrishnan | Director | 16 Apr 2004 | 22 Years 6 Months | Current |
Peer comparison
M.I.Industrial Products Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geepas Realty Private Limited | ₹14.22 Lakh (FY 2025) | 59.0% | Mahe, Puducherry, India | |||
| Vee Aar Dwellers Private Limited | ₹14.22 Lakh (FY 2022) | Jamui, Bihar, India | ||||
| Krishna Sahil Constructions Private Limited | ₹14.22 Lakh (FY 2025) | -77.0% | New Delhi, Delhi, India | |||
| M.I.Industrial Products Private Limitedthis company | ₹14.21 Lakh (FY 2024) | -₹56.94 Lakh | -400.7% | 52.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of M.I.Industrial Products Private Limited, buy the company report.
Shareholding
The shareholding of M.I.Industrial Products Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of M.I.Industrial Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2010 | 10243178 | Indian Bank | ₹2 Cr | Open | |
| 26 Mar 2007 | 10082278 | State Bank of Mysore | ₹3 Cr | Satisfied | |
| 26 Mar 2007 | 10154954 | State Bank of Mysore | ₹3.2 Cr | Satisfied | |
| 22 Oct 2005 | 90288500 | State Bank of Mysore | ₹75 Lakh | Satisfied |
To see the full charge records of M.I.Industrial Products Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving M.I.Industrial Products Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M.I.Industrial Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
M.I.Industrial Products has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 34AAECM3921D1ZX | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of M.I.Industrial Products Private Limited, buy the company report.
Recent activity
M.I.Industrial Products Private Limited has 3 board changes on record since 2004: 3 appointments. The latest: Balakrishnan Sudha was appointed as Director on 19 Nov 2021.
2 earlier events are in the company report.
Frequently asked questions
M.I.Industrial Products is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 April 2004 (22+ years old) and is registered under CIN U45201TN2004PTC052984.
M.I.Industrial Products has 3 current directors:
- Balakrishnan Sudha - Director
- Bagirathi Ramasundaram - Director
- Ramasundaram Balakrishnan - Director
The latest financial statements of M.I.Industrial Products on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of M.I.Industrial Products is 34AAECM3921D1ZX, registered in Puducherry. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of M.I.Industrial Products is U45201TN2004PTC052984. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M.I.Industrial Products was incorporated on 16 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of M.I.Industrial Products by revenue are Geepas Realty Private Limited, Vee Aar Dwellers Private Limited, Krishna Sahil Constructions Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Balakrishnan Sudha was appointed as Director on 19 Nov 2021. Bagirathi Ramasundaram was appointed as Director on 16 Apr 2004. Ramasundaram Balakrishnan was appointed as Director on 16 Apr 2004.
The registered office of M.I.Industrial Products is at No 3008 2nd Street 13th Main Road Shanthy Colony Anna Nagar, Chennai, Tamil Nadu, India – 600040.
M.I.Industrial Products operates in the real estate and construction industry, in the real estate builders and developers segment.
M.I.Industrial Products has open charges of ₹2 Cr and satisfied charges of ₹6.95 Cr as per latest MCA filings.
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