M. M. Yarns Private Limited

Cotton yarn manufacturer with 51,000 spindles, established in 2014 in Rajkot, Gujarat.

2014 | Rajkot, Gujarat (India) | Active
Last Updated: November 15, 2024

M. M. Yarns Profile

Key Indicators

  • Authorised Capital ₹ 58.00 Cr
  • Paid Up Capital ₹ 53.16 Cr
  • Company Age 10 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 99.97 Cr
  • Satisfied Charges ₹ 8.53 Cr
  • Revenue Growth -7.58%
  • Profit Growth -68.94%
  • Ebitda -5.52%
  • Net Worth 2.26%
  • Total Assets -0.32%

About M. M. Yarns

M. M. Yarns Private Limited (MMYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 2014 and has a history of Ten years and eight months. Its registered office is in Rajkot, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 58.00 Cr and a paid-up capital of Rs 53.16 Cr.

The company currently has active open charges totaling ₹99.97 Cr. The company has closed loans amounting to ₹8.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at M. M. Yarns Private Limited India is Disha Patel as COMPANY SECRETARY. Bharat Boghara, Bhupatbhai Bhayani, Natwarlal Navadiya, and Six other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mmyarns.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17220GJ2014PTC079653

  • Company No.

    079653

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 2014

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at M. M. Yarns?

Executive Team (2)

NameDesignationAppointment DateStatus
Bharat Boghara Country flag representing In Managing Director02-Jun-2014Current
Disha Patel Company Secretary01-Aug-2016Current

Board Members (8)

NameDesignationAppointment DateStatus
Bhupatbhai Bhayani Country flag representing In Whole-Time Director 11-Aug-2014Current
Natwarlal Navadiya Country flag representing In Whole-Time Director 11-Aug-2014Current
Khilan Patel Country flag representing In Whole-Time Director 15-Feb-2019Current
Brijeshkumar Patel Country flag representing In Director 10-Jan-2022Current
Nalinkumar Patel Country flag representing In Whole-Time Director 21-May-2018Current
Kishorbhai Patel Country flag representing In Whole-Time Director 21-May-2018Current

Financial Performance of M. M. Yarns.

M. M. Yarns Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.58% decrease. The company also saw a substantial fall in profitability, with a 68.94% decrease in profit. The company's net worth moved up by a moderate rise of 2.26%.

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
-7.58%
Revenue from Operations
-7.58%
Total Assets
-0.32%
Profit or Loss
-68.94%
Net Worth
2.26%
EBITDA
-5.52%

What is the Ownership and Shareholding Structure of M. M. Yarns?

In 2023, M. M. Yarns had a promoter holding of 63.56% and a public holding of 36.44%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹99.97 Cr

Satisfied Charges

₹8.53 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 99.97 Cr

Latest Charge Details

DateLenderAmountStatus
13 May 2015Sbicap Trustee Company Limited₹99.97 CrOpen
22 Jan 2021Others₹3.83 CrSatisfied
20 Jan 2021Others₹4.70 CrSatisfied

How Many Employees Work at M. M. Yarns?

M. M. Yarns has a workforce of 2 employees as of Mar 21, 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. M. Yarns, 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. M. Yarns'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. M. Yarns

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 99.97 Cr registered on 13 May 2015 with Charge ID 10573094 was modified on 23 Jan 2024.

    23 Jan 2024

  • Annual General Meeting

    M. M. Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    M. M. Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 22 Jan 2021 via Charge ID 100410079 with Others was fully satisfied on 15 Feb 2022.

    15 Feb 2022

  • Charges

    A charge registered on 20 Jan 2021 via Charge ID 100405890 with Others was fully satisfied on 15 Feb 2022.

    15 Feb 2022

  • Charges

    A charge with Others amounted to Rs. 3.83 Cr with Charge ID 100410079 was registered on 22 Jan 2021.

    22 Jan 2021

Frequently asked questions

  • M. M. Yarns Private Limited was incorporated on 02 Jun 2014.

  • The authorized share capital of M. M. Yarns Private Limited is ₹ 58.00 Cr and paid-up capital is ₹ 53.16 Cr.

  • Currently 10 directors are associated with M. M. Yarns Private Limited.

    • Bharat Khodabhai Boghara
    • Bhupatbhai Bhayani
    • Natwarlal Ratilal Navadiya
    • Khilan Navinchandra Patel
    • Brijeshkumar Ratilal Patel
    • Nalinkumar Manibhai Patel
    • Kishorbhai Manilal Patel
    • Girdharbhai Bhuva
    • Disha Narendrakumar Patel
    • Amitkumar Madhavlal Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of M. M. Yarns Private Limited is Atkot Gondal Highway Survey No-8 At Kharachiya Jam, Ta-Jasdan India, Rajkot, Gujarat, 360060.

  • The corporate identification number (CIN) of M. M. Yarns Private Limited is U17220GJ2014PTC079653 and the company number is 079653 as per Ministry of Corporate Affairs (MCA).

  • The Official website of M. M. Yarns Private Limited is https://www.mmyarns.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for M. M. Yarns Private Limited has fallen by -7.58%.

  • As Per 2023 financial reports, 2 employees are currently employed by M. M. Yarns Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M. M. Yarns Private Limited has experienced an upsurge of 2.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M. M. Yarns Private Limited amount to ₹ 99.97 Cr.

  • The most recent Balance Sheet for M. M. Yarns Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile & Fabric Production