Madhu Industries Private Limited

Textile company specializing in home furnishing exports to multiple countries with high quality certifications.

1963 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Madhu Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.28 Cr
  • Company Age 61 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 49.54 Cr
  • Satisfied Charges ₹ 28.50 Cr
  • Revenue Growth -25.39%
  • Profit Growth -560.59%
  • Ebitda -221.87%
  • Net Worth -18.44%
  • Total Assets -30.95%

About Madhu Industries

Madhu Industries Private Limited (MIPL) was founded in India on 07 August 1963 and has a glorious history of 61 years and six months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Sen & Metten - Heimer Private Limited. The Company is engaged in the Consumer Goods 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 Cr and a paid-up capital of Rs 2.28 Cr.

The company currently has active open charges totaling ₹49.54 Cr. The company has closed loans amounting to ₹28.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Khushboo Agarwal, Madhu Agarwal, and Sushilkumar Agarwal serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    madhuind.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29259GJ1963PTC001225

  • Company No.

    001225

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 1963

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Consumer Goods

What products or services does Madhu Industries Private Limited offer?

Madhu Industries Private Limited offers a wide range of products and services, including Kitchen Towels and Kitchen Textiles, Kitchen Linens, Bed Linen.

Who are the key members and board of directors at Madhu Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Madhu Agarwal Country flag representing In Managing Director29-Sep-1993Current
Sushilkumar Agarwal Country flag representing In Managing Director29-Sep-1993Current

Board Members (1)

NameDesignationAppointment DateStatus
Khushboo Agarwal Country flag representing In Director 01-Dec-2015Current

Financial Performance of Madhu Industries.

Madhu Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.39% decrease. The company also saw a substantial fall in profitability, with a 560.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.44%.

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
-25.39%
Revenue from Operations
-25.57%
Total Assets
-30.95%
Profit or Loss
-560.59%
Net Worth
-18.44%
EBITDA
-221.87%

What is the Ownership and Shareholding Structure of Madhu Industries?

In 2023, Madhu Industries 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

₹49.54 Cr

Satisfied Charges

₹28.50 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 49.54 Cr

Latest Charge Details

DateLenderAmountStatus
25 Aug 2006State Bank Of India₹25.00 CrOpen
24 Oct 2005State Bank Of India₹24.54 CrOpen
23 Apr 2004Citi Bank N A₹15.00 CrSatisfied
23 Apr 2004Citi Bank N.A.₹0.00Satisfied
26 Dec 2002Citibank Na₹13.50 CrSatisfied

How Many Employees Work at Madhu Industries?

Madhu Industries has a workforce of 34 employees as of Apr 06, 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 Madhu Industries, 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 Madhu Industries'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 Madhu Industries

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Madhu Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Khushboo Sushilkumar Agarwal was appointed as a Director was appointed as a Director on 01 Dec 2015 & has been associated with this company since 9 years 2 months .

    01 Dec 2015

  • Charges

    A charge with State Bank Of India of Rs. 25.00 Cr registered on 25 Aug 2006 with Charge ID 10020898 was modified on 19 Feb 2015.

    19 Feb 2015

  • Charges

    A charge with State Bank Of India of Rs. 24.54 Cr registered on 24 Oct 2005 with Charge ID 90096193 was modified on 18 Feb 2013.

    18 Feb 2013

  • Charges

    A charge with State Bank Of India amounted to Rs. 25.00 Cr with Charge ID 10020898 was registered on 25 Aug 2006.

    25 Aug 2006

Frequently asked questions

  • Madhu Industries Private Limited was incorporated on 07 Aug 1963.

  • The authorized share capital of Madhu Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.28 Cr.

  • Currently 3 directors are associated with Madhu Industries Private Limited.

    • Khushboo Sushilkumar Agarwal
    • Madhu Agarwal
    • Sushilkumar Mohanlal Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madhu Industries Private Limited is 39, G I D C Phase-1 Vatva India, Ahmedabad, Gujarat, 382445.

  • The corporate identification number (CIN) of Madhu Industries Private Limited is U29259GJ1963PTC001225 and the company number is 001225 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Madhu Industries Private Limited is https://www.madhuind.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madhu Industries Private Limited has fallen by -25.39%.

  • As Per 2023 financial reports, 34 employees are currently employed by Madhu Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madhu Industries Private Limited has experienced an downturn of -18.44%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madhu Industries Private Limited amount to ₹ 49.54 Cr.

  • The most recent Balance Sheet for Madhu Industries Private Limited was filed with the ROC on 31 Mar 2024.

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