Mahaajay Spinners India Private Limited

Textile company specializing in cotton spinning and production of various linens and fabrics.

2005 | Salem, Tamil Nadu (India) | Active
Last Updated: July 28, 2024

Mahaajay Spinners India Profile

Key Indicators

  • Authorised Capital ₹ 9.00 Cr
  • Paid Up Capital ₹ 8.83 Cr
  • Company Age 20 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.22 Cr
  • Satisfied Charges ₹ 18.75 Cr
  • Revenue Growth 65.64%
  • Profit Growth 1030.77%
  • Ebitda 7.58%
  • Net Worth 25.72%
  • Total Assets 42.34%

About Mahaajay Spinners India

Mahaajay Spinners India Private Limited (MSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 January 2005 and has a history of 20 years. Its registered office is in Salem, Tamil Nadu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 9.00 Cr and a paid-up capital of Rs 8.83 Cr.

The company currently has active open charges totaling ₹13.22 Cr. The company has closed loans amounting to ₹18.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

Maha Prasath and Maha Mahitha serve as directors at the Company.

Company Details

  • Location

    Salem, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahaspinners.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ2005PTC011559

  • Company No.

    011559

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods

What products or services does Mahaajay Spinners India Private Limited offer?

Mahaajay Spinners India Private Limited offers a wide range of products and services, including Industrial Fabrics and Textiles, Industrial Fabric.

Who are the key members and board of directors at Mahaajay Spinners India?

Board Members (2)

NameDesignationAppointment DateStatus
Maha Prasath Country flag representing In Director 07-Mar-2023Current
Maha Mahitha Country flag representing In Director 07-Mar-2023Current

Financial Performance of Mahaajay Spinners India.

Mahaajay Spinners India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.64% increase. The company also saw a substantial improvement in profitability, with a 1030.77% increase in profit. The company's net worth Soared by an impressive increase of 25.72%.

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
65.64%
Revenue from Operations
61.71%
Total Assets
42.34%
Profit or Loss
1030.77%
Net Worth
25.72%
EBITDA
7.58%

What is the Ownership and Shareholding Structure of Mahaajay Spinners India?

In 2023, Mahaajay Spinners India had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.22 Cr

Satisfied Charges

₹18.75 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.22 Cr

Latest Charge Details

DateLenderAmountStatus
08 Nov 2023Hdfc Bank Limited₹12.00 CrOpen
19 Jun 2023Hdfc Bank Limited₹1.22 CrOpen
26 Mar 2014Andhra Bank₹10.00 CrSatisfied
03 Nov 2005Indian Overseas Bank₹8.75 CrSatisfied

How Many Employees Work at Mahaajay Spinners India?

Mahaajay Spinners India has a workforce of 77 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 Mahaajay Spinners India, 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 Mahaajay Spinners India'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 Mahaajay Spinners India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 08 Nov 2023 with Charge ID 100838841 was modified on 08 Mar 2024.

    08 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100838841 was registered on 08 Nov 2023.

    08 Nov 2023

  • Annual General Meeting

    Mahaajay Spinners India 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 Hdfc Bank Limited amounted to Rs. 1.22 Cr with Charge ID 100757893 was registered on 19 Jun 2023.

    19 Jun 2023

  • Balance Sheet

    Mahaajay Spinners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Director Appointment

    Maha Ajay Prasath was appointed as a Director was appointed as a Director on 07 Mar 2023 & has been associated with this company since 1 year 11 months .

    07 Mar 2023

Frequently asked questions

  • Mahaajay Spinners India Private Limited was incorporated on 28 Jan 2005.

  • The authorized share capital of Mahaajay Spinners India Private Limited is ₹ 9.00 Cr and paid-up capital is ₹ 8.83 Cr.

  • Currently 2 directors are associated with Mahaajay Spinners India Private Limited.

    • Maha Ajay Prasath
    • Maha Ajay Prasath Mahitha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahaajay Spinners India Private Limited is Cps Towers 16 Advaithaashram Road Fairlands, Salem, Tamil Nadu, India, 636016.

  • The corporate identification number (CIN) of Mahaajay Spinners India Private Limited is U17111TZ2005PTC011559 and the company number is 011559 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahaajay Spinners India Private Limited is https://www.mahaspinners.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahaajay Spinners India Private Limited has risen by 65.64%.

  • As Per 2023 financial reports, 77 employees are currently employed by Mahaajay Spinners India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahaajay Spinners India Private Limited has experienced an upsurge of 25.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahaajay Spinners India Private Limited amount to ₹ 13.22 Cr.

  • The most recent Balance Sheet for Mahaajay Spinners India Private Limited was filed with the ROC on 31 Mar 2023.

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