M R Synthetics Private Limited

Manufactures woven fabrics and trades art silk cloth, specializing in elegant, classic, and printed sarees.

2003 | Surat, Gujarat (India) | Active
Last Updated: December 29, 2024

M R Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.19 Cr
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 23.64 Cr
  • Revenue Growth 22.82%
  • Profit Growth 36.13%
  • Ebitda 138.01%
  • Net Worth 4.31%
  • Total Assets -0.78%

About M R Synthetics

M R Synthetics Private Limited (MRSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 September 2003 and has a history of 21 years and four months. Its registered office is in Surat, 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 1.50 Cr and a paid-up capital of Rs 1.19 Cr.

The company has closed loans amounting to ₹23.64 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Pawan Agarwal, Pradeep Agarwal, Anjali Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17112GJ2003PTC042979

  • Company No.

    042979

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2003

  • Date of AGM

    06 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 R Synthetics?

Executive Team (1)

NameDesignationAppointment DateStatus
Pawan Agarwal Country flag representing In Managing Director29-Sep-2003Current

Board Members (3)

NameDesignationAppointment DateStatus
Pradeep Agarwal Country flag representing In Whole-Time Director 29-Sep-2003Current
Anjali Agarwal Country flag representing In Whole-Time Director 29-Sep-2003Current
Ambika Agrawal Country flag representing In Whole-Time Director 06-Feb-2019Current

Financial Performance of M R Synthetics.

M R Synthetics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.82% increase. The company also saw a substantial improvement in profitability, with a 36.13% increase in profit. The company's net worth moved up by a moderate rise of 4.31%.

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
22.82%
Revenue from Operations
23.10%
Total Assets
-0.78%
Profit or Loss
36.13%
Net Worth
4.31%
EBITDA
138.01%

What is the Ownership and Shareholding Structure of M R Synthetics?

In 2021, M R Synthetics had a promoter holding of 90.54% and a public holding of 9.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹23.64 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 18.04 Cr
  • Ing Vysya Bank Limited : 4.50 Cr
  • Canara Bank : 1.00 Cr
  • Others : 0.11 Cr

Latest Charge Details

DateLenderAmountStatus
13 Apr 2018Others₹0.50 MSatisfied
27 Jan 2018Others₹0.57 MSatisfied
24 Jan 2014Axis Bank Limited₹0.37 MSatisfied
07 Feb 2011Axis Bank Limited₹18.00 CrSatisfied
11 Dec 2008Ing Vysya Bank Limited₹4.50 CrSatisfied

How Many Employees Work at M R Synthetics?

M R Synthetics has a workforce of 3 employees as of Apr 07, 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 R Synthetics, 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 R Synthetics'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 R Synthetics

Recent activity within the organization

  • Annual General Meeting

    M R Synthetics Private Limited last Annual general meeting of members was held on 06 Sep 2023 as per latest MCA records.

    06 Sep 2023

  • Charges

    A charge registered on 13 Apr 2018 via Charge ID 100192891 with Others was fully satisfied on 17 Aug 2023.

    17 Aug 2023

  • Charges

    A charge registered on 27 Jan 2018 via Charge ID 100156132 with Others was fully satisfied on 17 Aug 2023.

    17 Aug 2023

  • Charges

    A charge registered on 24 Jan 2014 via Charge ID 10480174 with Axis Bank Limited was fully satisfied on 17 Aug 2023.

    17 Aug 2023

  • Balance Sheet

    M R Synthetics 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 07 Feb 2011 via Charge ID 10269310 with Axis Bank Limited was fully satisfied on 03 Jan 2023.

    03 Jan 2023

Frequently asked questions

  • M R Synthetics Private Limited was incorporated on 29 Sep 2003.

  • The authorized share capital of M R Synthetics Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.19 Cr.

  • Currently 4 directors are associated with M R Synthetics Private Limited.

    • Pawan Kumar Agarwal
    • Pradeep Kumar Agarwal
    • Anjali Pradeep Agarwal
    • Ambika Pawankumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of M R Synthetics Private Limited is 7Th Floor Shop-729/A 730 Millenium Textile Market-2 Brts Canal R Oad, Anjana India, Surat, Gujarat, 395002.

  • The corporate identification number (CIN) of M R Synthetics Private Limited is U17112GJ2003PTC042979 and the company number is 042979 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for M R Synthetics Private Limited has risen by 22.82%.

  • As Per 2022 financial reports, 3 employees are currently employed by M R Synthetics Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of M R Synthetics Private Limited has experienced an upsurge of 4.31%.

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