Madurai Tara Traders Private Limited

Wholesale trading of cotton and other textile goods.

1975 | Kovilpatti. 628 501, Tamil Nadu (India) | Active
Last Updated: July 18, 2024

Madurai Tara Traders Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.97 M
  • Company Age 49 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.50 M
  • Revenue Growth 42.14%
  • Profit Growth 40.06%
  • Ebitda -145.09%
  • Net Worth 2.45%
  • Total Assets 2.62%

About Madurai Tara Traders

Madurai Tara Traders Private Limited (MTTPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 March 1975 and has a history of 49 years and 11 months. Its registered office is in Kovilpatti. 628 501, Tamil Nadu, India.

The Company is engaged in the Home & Lifestyle 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 2.00 M and a paid-up capital of Rs 1.97 M.

The company currently has active open charges totaling ₹0.50 M.

Kumarasamyraja Lakshmanasankar and Valli Manikam serve as directors at the Company.

Company Details

  • Location

    Kovilpatti. 628 501, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52321TN1975PTC006875

  • Company No.

    006875

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1975

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Home & Lifestyle

Who are the key members and board of directors at Madurai Tara Traders?

Board Members (2)

NameDesignationAppointment DateStatus
Kumarasamyraja Lakshmanasankar Country flag representing In Director 02-Aug-2004Current
Valli Manikam Country flag representing In Director 30-Jun-1997Current

Financial Performance of Madurai Tara Traders.

Madurai Tara Traders Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.14% increase. The company also saw a substantial improvement in profitability, with a 40.06% increase in profit. The company's net worth moved up by a moderate rise of 2.45%.

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
42.14%
Revenue from Operations
Total Assets
2.62%
Profit or Loss
40.06%
Net Worth
2.45%
EBITDA
-145.09%

What is the Ownership and Shareholding Structure of Madurai Tara Traders?

In 2023, Madurai Tara Traders had a promoter holding of 62.01% and a public holding of 37.99%. The company had 3 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

₹0.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
31 May 1976Canara Bank₹0.50 MOpen

How Many Employees Work at Madurai Tara Traders?

Unlock and access historical data on people associated with Madurai Tara Traders, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Madurai Tara Traders, 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 Tara Traders'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 Tara Traders

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Madurai Tara Traders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Kumarasamyraja Lakshmanasankar was appointed as a Director was appointed as a Director on 02 Aug 2004 & has been associated with this company since 20 years 6 months .

    02 Aug 2004

  • Director Appointment

    Valli Ramaswami Manikam was appointed as a Director was appointed as a Director on 30 Jun 1997 & has been associated with this company since 27 years 7 months .

    30 Jun 1997

  • Charges

    A charge with Canara Bank amounted to Rs. 0.50 M with Charge ID 90303845 was registered on 31 May 1976.

    31 May 1976

  • Company Incorporation

    Madurai Tara Traders Private Limited was registered on 12 Mar 1975 with Roc Chennai & aged 49 years 11 months as per MCA records.

    12 Mar 1975

Frequently asked questions

  • Madurai Tara Traders Private Limited was incorporated on 12 Mar 1975.

  • The authorized share capital of Madurai Tara Traders Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.97 M.

  • Currently 2 directors are associated with Madurai Tara Traders Private Limited.

    • Kumarasamyraja Lakshmanasankar
    • Valli Ramaswami Manikam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Madurai Tara Traders Private Limited is No.23 Mill StreetKovilpatti. 628 501 Kovilpatti. 628 501, Tamil Nadu, India, 628501.

  • The corporate identification number (CIN) of Madurai Tara Traders Private Limited is U52321TN1975PTC006875 and the company number is 006875 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Madurai Tara Traders Private Limited has risen by 42.14%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Madurai Tara Traders Private Limited has experienced an upsurge of 2.45%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Madurai Tara Traders Private Limited amount to ₹ 0.50 M.

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