Magnolia Textiles Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.03 M
- Company Age 16 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 30.82 Cr
- Satisfied Charges ₹ 15.00 Cr
- Revenue Growth -34.43%
- Profit Growth -162.93%
- Ebitda -162.93%
- Net Worth -0.05%
- Total Assets -0.05%
About Magnolia Textiles
Magnolia Textiles Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 March 2008 and has a history of 16 years and 11 months. Its registered office is in Delhi, 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 1.00 Cr and a paid-up capital of Rs 8.03 M.
The company currently has active open charges totaling ₹30.82 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sidharth Mohan and Neelam Mohan serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17120DL2008PTC175460
- Company No.
175460
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Mar 2008
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Magnolia Textiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Neelam Mohan  | Director | 17-Mar-2008 | Current |
| Sidharth Mohan | Director | 17-Mar-2008 | Current |
Financial Performance of Magnolia Textiles.
Magnolia Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.43% decrease. The company also saw a substantial fall in profitability, with a 162.93% decrease in profit. The company's net worth dipped by a decrease of 0.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Magnolia Textiles?
In 2023, Magnolia Textiles had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Sidharth Mohan and Neelam Mohan are mutual person
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Sidharth Mohan and Neelam Mohan are mutual person
- Jacaranda Textiles Private Limited
Sidharth Mohan and Neelam Mohan are mutual person
Charges (Loans)
₹30.82 Cr
₹15.00 Cr
Charges Breakdown by Lending Institutions
- Others : 30.82 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2018 | Others | ₹30.82 Cr | Open |
| 28 Feb 2015 | Punjab National Bank | ₹1.00 Cr | Satisfied |
| 15 Jul 2013 | Punjab National Bank(Lead Bank) | ₹14.00 Cr | Satisfied |
How Many Employees Work at Magnolia Textiles?
Unlock and access historical data on people associated with Magnolia Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Magnolia 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 Magnolia Textiles's trajectory.
Rating
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
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.