M K Fintex Private Limited

Textile processing company with large capacity and diverse fabric options.

2009 | Ludhiana, Punjab (India) | Active
Last Updated: January 05, 2025

M K Fintex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.90 M
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.85 Cr
  • Satisfied Charges ₹ 5.99 Cr
  • Revenue Growth 28.18%
  • Profit Growth 26.59%
  • Ebitda 252.08%
  • Net Worth 38.81%
  • Total Assets 35.94%

About M K Fintex

M K Fintex Private Limited (MKFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 April 2009 and has a history of 15 years and nine months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.90 M.

The company currently has active open charges totaling ₹5.85 Cr. The company has closed loans amounting to ₹5.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ripudaman Singh, Gurmeet Kaur, and Mohinder Singh serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mkfintex.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18202PB2009PTC032805

  • Company No.

    032805

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Apr 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at M K Fintex?

Executive Team (1)

NameDesignationAppointment DateStatus
Mohinder Singh Country flag representing In Managing Director30-Apr-2009Current

Board Members (2)

NameDesignationAppointment DateStatus
Ripudaman Singh Country flag representing In Director 30-Apr-2009Current
Gurmeet Kaur Country flag representing In Director 30-Apr-2009Current

Financial Performance of M K Fintex.

M K Fintex Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 28.18% increase. The company also saw a substantial improvement in profitability, with a 26.59% increase in profit. The company's net worth Soared by an impressive increase of 38.81%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
28.18%
Revenue from Operations
28.15%
Total Assets
35.94%
Profit or Loss
26.59%
Net Worth
38.81%
EBITDA
252.08%

What is the Ownership and Shareholding Structure of M K Fintex?

In 2021, M K Fintex 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 Indicator graph

Charges (Loans)

Open Charges

₹58.51 M

Satisfied Charges

₹59.94 M

Charges Breakdown by Lending Institutions

  • Others : 5.65 Cr
  • Hdfc Bank Limited : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2024Hdfc Bank Limited₹2.05 MOpen
24 Mar 2023Others₹6.20 MOpen
09 Aug 2022Others₹3.50 CrOpen
09 Aug 2022Others₹4.31 MOpen
09 Aug 2022Others₹1.02 CrOpen

How Many Employees Work at M K Fintex?

M K Fintex has a workforce of 23 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of M K Fintex, 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 M K Fintex'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.

Latest Updates, News, and FAQs on M K Fintex

Recent activity within the organization

  • Annual General Meeting

    M K Fintex Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    M K Fintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.05 M with Charge ID 100876776 was registered on 17 Jan 2024.

    17 Jan 2024

  • Charges

    A charge registered on 01 Apr 2019 via Charge ID 100261152 with Hdfc Bank Limited was fully satisfied on 17 May 2023.

    17 May 2023

  • Charges

    A charge with Others amounted to Rs. 6.20 M with Charge ID 100709894 was registered on 24 Mar 2023.

    24 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 35.00 M with Charge ID 100605738 was registered on 09 Aug 2022.

    09 Aug 2022

Frequently asked questions

  • M K Fintex Private Limited was incorporated on 30 Apr 2009.

  • The authorized share capital of M K Fintex Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.90 M.

  • Currently 3 directors are associated with M K Fintex Private Limited.

    • Ripudaman Singh
    • Gurmeet Kaur
    • Mohinder Partap Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of M K Fintex Private Limited is B-X-364/365 Chowk Hira Halwai India, Ludhiana, Punjab, 141008.

  • The corporate identification number (CIN) of M K Fintex Private Limited is U18202PB2009PTC032805 and the company number is 032805 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M K Fintex Private Limited is https://www.mkfintex.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for M K Fintex Private Limited has risen by 28.18%.

  • As Per 2022 financial reports, 23 employees are currently employed by M K Fintex Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of M K Fintex Private Limited has experienced an upsurge of 38.81%.

  • As per the financial statements for fiscal Year 2022, The total open charges for M K Fintex Private Limited amount to ₹ 5.85 Cr.

  • The most recent Balance Sheet for M K Fintex Private Limited was filed with the ROC on 31 Mar 2024.