MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-11-0020520
Mxon Electricals and Hardware Private Limited
Mxon Electricals and Hardware Private Limited - consumer electronics & durables in Hosur, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹37.86 Cr
▼ 12% YoY
Net profit · FY 2024
₹41.39 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹1.7 Cr
EBITDA margin 4.5%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹11.86 Lakh
Issued & subscribed
Open charges
₹26.64 Cr
Satisfied ₹1.5 Cr
Company age
4 yrs
Est. 2022
Directors on board
3
As per MCA filings
About Mxon Electricals and Hardware Private Limited
Data last updated:
Mxon Electricals and Hardware Private Limited is a private limited company based in Hosur, Tamil Nadu, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 February 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52520TN2022PTC149867. Its GSTIN is 33AAPCM4570M1ZY (Tamil Nadu).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹11.86 Lakh. It is led by directors including Kishore Solanki and Misarimal Laxmanram.
Its last annual general meeting (AGM) was held on 28 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Hosur, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹37.86 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹41.39 Lakh (net margin 1.1%) and EBITDA of ₹1.7 Cr (EBITDA margin 4.5%).
As per MCA filings, the company has open charges of ₹26.64 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 3 cases are pending.
Mxon Electricals and Hardware Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-11-0020520). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U52520TN2022PTC149867
Registration Number 149867
Incorporation Date 11 February 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 February 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-11-0020520
Recognitions & Rankings of Mxon Electricals and Hardware
Contact details
Mxon Electricals and Hardware Private Limited's registered office is in Hosur, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGodown No 7 At Central Warehouse Unit 1 Plot No 96, Sipcot Industrial Complex Phase – 1 Sipcot Industrial Complex Opp To Micro Labs, Hosur, Tamil Nadu, India – 635126
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Mxon Electricals and Hardware Private Limited, buy the company report.
Comprehensive company report
Mxon Electricals and Hardware Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Mxon Electricals and Hardware 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 Mxon Electricals and Hardware Private Limited, buy the company report.
Financials of Mxon Electricals and Hardware Private Limited
FY 2024 filings availableMxon Electricals and Hardware Private Limited reported revenue of ₹37.86 Cr (down 12% YoY) for FY 2024.
Revenue · FY 2024
₹37.86 Cr ▼ 12%
Net profit · FY 2024
₹41.39 Lakh margin 1.1%
EBITDA · FY 2024
₹1.7 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
EBITDA CAGR growth
1 year
▲ 56%
Revenue fell 12% in the latest year. EBITDA rose 56% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹37.86 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.7 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹41.39 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 | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.5% | ||
| Net Profit Margin | 1.1% | ||
| 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 Mxon Electricals and Hardware Private Limited, buy the company report.
Board of directors of Mxon Electricals and Hardware Private Limited
Mxon Electricals and Hardware has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Solanki Also directs: Exaro Bullion Private Limited, Procurenext Private Limited, Mxon Technologies Private Limited and 1 more | Director | 11 Feb 2022 | 4 Years 8 Months | Current |
| Misarimal Laxmanram | Director | 11 Feb 2022 | 4 Years 8 Months | Current |
| Suraj Devi Also directs: Procurenext Private Limited | Additional Director | 24 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Mxon Electricals and Hardware Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bharat Buildmart Private Limited | ₹38.16 Cr (FY 2025) | 126161.0% | Noida, Uttar Pradesh, India | |||
| Nitin Wires and Meshes Private Limited | ₹37.95 Cr (FY 2025) | 16.0% | Chennai, Tamil Nadu, India | |||
| Ting Tong International Private Limited | ₹37.87 Cr (FY 2024) | 2.0% | Vaikom, Kerala, India | |||
| Mxon Electricals and Hardware Private Limitedthis company | ₹37.86 Cr (FY 2024) | ₹41.39 Lakh | 1.1% | -12.0% | Hosur, Tamil Nadu, India | |
| Eswari Exports Private Limited | ₹37.81 Cr (FY 2025) | 34.0% | Hyderabad, Telangana, India | |||
| Lingaraj Granities Private Limited | ₹37.73 Cr (FY 2024) | 26.0% | Bhubaneswar, Odisha, India | |||
| N.M.Stones Private Limited | ₹37.67 Cr (FY 2023) | 17.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mxon Electricals and Hardware Private Limited, buy the company report.
Auditor
Mxon Electricals and Hardware Private Limited is audited by Srihari & Sandeepa Chartered Accountants for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Srihari & Sandeepa Chartered Accountants | FY 2024 | 017795S |
Shareholding
The shareholding of Mxon Electricals and Hardware Private Limited is on record for 3 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Mxon Electricals and Hardware Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.64 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2024 | 100924530 | Others | ₹2 Cr | Open | |
| 29 Feb 2024 | 100933279 | Others | ₹1.81 Cr | Open | |
| 06 Dec 2023 | 100837024 | Others | ₹5.5 Cr | Open | |
| 29 Nov 2023 | 100900306 | Hdfc Bank Limited | ₹32.52 Lakh | Open | |
| 12 Jun 2023 | 100789217 | Hdfc Bank Limited | ₹5 Cr | Open |
To see the full charge records of Mxon Electricals and Hardware Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mxon Electricals and Hardware Private Limited has 4 court cases on record: 4 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed against the company
4
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Goldmedal Electricals Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Panasonic Life Solutions India Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Prince Pipes and Fittings Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Mintifi Finserve Pvt Ltd | Disposed |
To see the full case history of Mxon Electricals and Hardware Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mxon Electricals and Hardware Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mxon Electricals and Hardware Private Limited has 1 active EPFO establishment as of Oct 08, 2025.
Active EPFO establishments
1
GST
Mxon Electricals and Hardware has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCM4570M1ZY | Tamil Nadu | Active | 25 Mar 2022 |
To see the full GST registrations and return filing status of Mxon Electricals and Hardware Private Limited, buy the company report.
Recent activity
Mxon Electricals and Hardware Private Limited has 9 board changes on record since 2022: 6 appointments and 3 cessations. The latest: Suraj Devi was appointed as Additional Director on 24 Apr 2025.
Appointed
Suraj Devi was appointed as Additional Director.
Ceased
Hanjaji Bhimaram ceased to be Director.
AGM
Mxon Electricals And Hardware Private Limited last Annual general meeting of members was held on 28 Feb 2025 as per latest MCA records.
Ceased
Nagesh Kumar Shukla ceased to be Additional Director.
Filing
Mxon Electricals And Hardware 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. 2.00 Cr with Charge ID 100924530 was registered on 30 Mar 2024.
Ceased
Sudeesh Srinivasappa ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.81 Cr with Charge ID 100933279 was registered on 29 Feb 2024.
Charges
A charge registered on 04 Sep 2023 via Charge ID 100794123 with Yes Bank Limited was fully satisfied on 15 Feb 2024.
Charges
A charge with Others amounted to Rs. 5.50 Cr with Charge ID 100837024 was registered on 06 Dec 2023.
Appointed
Nagesh Kumar Shukla was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.33 Cr with Charge ID 100900306 was registered on 29 Nov 2023.
8 earlier events are in the company report.
Frequently asked questions
Mxon Electricals and Hardware is an active private limited company based in Hosur, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 February 2022 (4+ years old) and is registered under CIN U52520TN2022PTC149867.
Mxon Electricals and Hardware has 3 current directors:
- Kishore Solanki - Director
- Misarimal Laxmanram - Director
- Suraj Devi - Additional Director
The latest financial statements of Mxon Electricals and Hardware on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 February 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Mxon Electricals and Hardware is 33AAPCM4570M1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mxon Electricals and Hardware is U52520TN2022PTC149867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mxon Electricals and Hardware has 4 court cases on record: 4 filed against it. 3 are pending.
Mxon Electricals and Hardware was incorporated on 11 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Mxon Electricals and Hardware by revenue are Bharat Buildmart Private Limited, Nitin Wires and Meshes Private Limited, Ting Tong International Private Limited, Eswari Exports Private Limited, Lingaraj Granities Private Limited and 1 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Suraj Devi was appointed as Additional Director on 24 Apr 2025. Hanjaji Bhimaram ceased to be Director on 31 Mar 2025. Nagesh Kumar Shukla ceased to be Additional Director on 28 Feb 2025. Mxon Electricals and Hardware has 9 board changes on record in total.
Yes, Mxon Electricals and Hardware is registered as a small enterprise under Udyam registration (number: UDYAM-TN-11-0020520).
The registered office of Mxon Electricals and Hardware is at Godown No 7 At Central Warehouse Unit 1 Plot No 96, Sipcot Industrial Complex Phase – 1 Sipcot Industrial Complex Opp To Micro Labs, Hosur, Tamil Nadu, India – 635126.
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