Madurai Meenakshi Textiles Private Limited

Manufactures and spins cotton yarn and textiles since 1991 in Madurai.

1991 | Madurai, Tamil Nadu (India) | Active
Last Updated: December 31, 2024

Madurai Meenakshi Textiles Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 1.81 Cr
  • Company Age 33 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.77 Cr
  • Satisfied Charges ₹ 3.76 Cr
  • Revenue Growth -2.88%
  • Profit Growth -57.50%
  • Ebitda 8.06%
  • Net Worth 27.63%
  • Total Assets 54.55%

About Madurai Meenakshi Textiles

Madurai Meenakshi Textiles Private Limited (MMTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 April 1991 and has a history of 33 years and nine months. Its registered office is in Madurai, Tamil Nadu, 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 3.00 Cr and a paid-up capital of Rs 1.81 Cr.

The company currently has active open charges totaling ₹17.77 Cr. The company has closed loans amounting to ₹3.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

Thenmozhi Chockalingam, Valliappan Chokkalingam, and Chockalingam Narayanan serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TN1991PTC020647

  • Company No.

    020647

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Apr 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

Who are the key members and board of directors at Madurai Meenakshi Textiles?

Executive Team (1)

Name Designation Appointment Date Status
Chockalingam Narayanan Country flag representing In Managing Director 18-Apr-1991 Current

Board Members (2)

Name Designation Appointment Date Status
Thenmozhi Chockalingam Country flag representing In Director 21-Feb-2019 Current
Valliappan Chokkalingam Country flag representing In Director 21-Feb-2019 Current

Financial Performance of Madurai Meenakshi Textiles.

Madurai Meenakshi Textiles Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.88% decrease. The company also saw a substantial fall in profitability, with a 57.5% decrease in profit. The company's net worth Soared by an impressive increase of 27.63%.

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
-2.88%
Revenue from Operations
-3.00%
Total Assets
54.55%
Profit or Loss
-57.50%
Net Worth
27.63%
EBITDA
8.06%

What is the Ownership and Shareholding Structure of Madurai Meenakshi Textiles?

Unlock access to Madurai Meenakshi Textiles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.77 Cr

Satisfied Charges

₹3.76 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 6.32 Cr
  • State Bank Of India : 5.63 Cr
  • Sidbi : 5.12 Cr
  • Others : 0.70 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2024 Others ₹7.00 M Open
05 Sep 2023 State Bank Of India ₹5.63 Cr Open
01 Sep 2023 Sidbi ₹7.50 M Open
22 May 2023 Sidbi ₹8.72 M Open
14 Feb 2022 Sidbi ₹2.62 Cr Open

How Many Employees Work at Madurai Meenakshi Textiles?

Madurai Meenakshi Textiles has a workforce of 69 employees as of Mar 31, 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 Madurai Meenakshi Textiles, 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 Madurai Meenakshi Textiles'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 Madurai Meenakshi Textiles

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.70 Cr with Charge ID 100993022 was registered on 25 Oct 2024.

    25 Oct 2024

  • Charges

    A charge with Indian Bank of Rs. 6.32 Cr registered on 29 Apr 2010 with Charge ID 10265199 was modified on 28 Mar 2024.

    28 Mar 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.63 Cr with Charge ID 100784317 was registered on 05 Sep 2023.

    05 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 0.75 Cr with Charge ID 100772677 was registered on 01 Sep 2023.

    01 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 0.87 Cr with Charge ID 100718709 was registered on 22 May 2023.

    22 May 2023

Frequently asked questions

  • Madurai Meenakshi Textiles Private Limited was incorporated on 18 Apr 1991.

  • The authorized share capital of Madurai Meenakshi Textiles Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 1.81 Cr.

  • Currently 3 directors are associated with Madurai Meenakshi Textiles Private Limited.

    • Thenmozhi Chockalingam
    • Valliappan Chokkalingam
    • Chockalingam Narayanan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madurai Meenakshi Textiles Private Limited is 298, Karpaga Nagar K.Pudur India, Madurai, Tamil Nadu, 625007.

  • The corporate identification number (CIN) of Madurai Meenakshi Textiles Private Limited is U17111TN1991PTC020647 and the company number is 020647 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madurai Meenakshi Textiles Private Limited has fallen by -2.88%.

  • As Per 2023 financial reports, 69 employees are currently employed by Madurai Meenakshi Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madurai Meenakshi Textiles Private Limited has experienced an upsurge of 27.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madurai Meenakshi Textiles Private Limited amount to ₹ 17.77 Cr.

  • The most recent Balance Sheet for Madurai Meenakshi Textiles Private Limited was filed with the ROC on 31 Mar 2023.

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