Mipco Synthetics Private Limited
About Mipco Synthetics Private Limited
Data last updated:
Mipco Synthetics Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 December 1987.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1987PTC045664.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12.5 Lakh.
Its last annual general meeting (AGM) was held on 28 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 73 Vithalwadi3Rd Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2017, the company reported a revenue of ₹11.61 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹8.06 Lakh (net margin 69.4%) and EBITDA of ₹10.57 Lakh (EBITDA margin 91%).
Company details
Contact details
Mipco Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address73 Vithalwadi3Rd Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Mipco Synthetics 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 Mipco Synthetics is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Mipco Synthetics Private Limited, buy the company report.
Financials of Mipco Synthetics Private Limited
FY 2017 filings availableMipco Synthetics Private Limited reported revenue of ₹11.61 Lakh (down 1% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year. EBITDA rose 42% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹11.61 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹10.57 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹8.06 Lakh | ||
| 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 | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 91% | ||
| Net Profit Margin | 69.4% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
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| 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 Mipco Synthetics Private Limited, buy the company report.
Board of directors of Mipco Synthetics Private Limited
Mipco Synthetics has 4 former directors on record and no current directors listed.
Auditor
Mipco Synthetics Private Limited is audited by A.T.JAIN & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.T.JAIN & CO. | FY 2017 | 103886W |
Shareholding
The shareholding of Mipco Synthetics Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mipco Synthetics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mipco Synthetics 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 Mipco Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mipco Synthetics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mipco Synthetics Private Limited has 4 board changes on record since 2017: 0 appointments and 4 cessations. The latest: Arunkumar Ramanlal Patel ceased to be Director on 20 Dec 2017.
Frequently asked questions
Mipco Synthetics has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Mipco Synthetics was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 December 1987 and is registered under CIN U17100MH1987PTC045664. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Mipco Synthetics is U17100MH1987PTC045664. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mipco Synthetics was incorporated on 23 December 1987. It is registered with the Registrar of Companies, Mumbai.
The registered office of Mipco Synthetics is at 73 Vithalwadi3Rd Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
The latest financial statements of Mipco Synthetics on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 28 September 2017. Year-wise statements from 2015 are in the company report.
Mipco Synthetics operated in the business outsourcing industry, in the business and IT consulting segment.
Arunkumar Ramanlal Patel ceased to be Director on 20 Dec 2017. Bhupendra Ramanlal Patel ceased to be Director on 20 Dec 2017. Harsha Bhupendra Patel ceased to be Director on 20 Dec 2017. Mipco Synthetics has 4 board changes on record in total.
Mipco Synthetics can be reached at its registered office: 73 Vithalwadi3Rd Floor Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Mipco Synthetics is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.
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