Mahak Synthetics Mills Private Limited

Manufacturer of high-quality finished fabric for shirting, dress material, and bed sheets.

1981 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Mahak Synthetics Mills Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 15.76 Cr
  • Company Age 43 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 152.14 Cr
  • Satisfied Charges ₹ 42.55 Cr
  • Revenue Growth 32.62%
  • Profit Growth 177.40%
  • Ebitda -34.19%
  • Net Worth 14.71%
  • Total Assets 16.45%

About Mahak Synthetics Mills

Mahak Synthetics Mills Private Limited (MSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 October 1981 and has a history of 43 years and five months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Rooshabh Chemical Industries Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 15.76 Cr.

The company currently has active open charges totaling ₹152.14 Cr. The company has closed loans amounting to ₹42.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mahak Synthetics Mills Private Limited India is Samira Soni as COMPANY SECRETARY. Anuj Mittal, Pratik Mittal, and Gunjan Mittal serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231GJ1981PTC004654

  • Company No.

    004654

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Mahak Synthetics Mills?

Executive Team (1)

NameDesignationAppointment DateStatus
Samira Soni Company Secretary01-Sep-2020Current

Board Members (3)

NameDesignationAppointment DateStatus
Anuj Mittal Country flag representing In Director 25-May-2001Current
Pratik Mittal Country flag representing In Director 24-Nov-2022Current
Gunjan Mittal Country flag representing In Director 01-Apr-2008Current

Financial Performance of Mahak Synthetics Mills.

Mahak Synthetics Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.62% increase. The company also saw a substantial improvement in profitability, with a 177.4% increase in profit. The company's net worth Soared by an impressive increase of 14.71%.

Mahak Synthetics Mills revenue growth over time
Mahak Synthetics Mills 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
32.62%
Revenue from Operations
32.88%
Total Assets
16.45%
Profit or Loss
177.40%
Net Worth
14.71%
EBITDA
-34.19%

What is the Ownership and Shareholding Structure of Mahak Synthetics Mills?

In 2023, Mahak Synthetics Mills had a promoter holding of 73.22% and a public holding of 26.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹152.14 Cr

Satisfied Charges

₹42.55 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 152.14 Cr

Latest Charge Details

DateLenderAmountStatus
20 May 2021Canara Bank₹8.00 CrOpen
06 Nov 2010Canara Bank₹65.03 CrOpen
15 Jan 2007Canara Bank₹5.00 MOpen
20 Aug 2002Canara Bank₹78.61 CrOpen
28 Feb 2011Dhanlaxmi Bank Limited₹6.40 MSatisfied

How Many Employees Work at Mahak Synthetics Mills?

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

Employee growth trends for Mahak Synthetics Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahak Synthetics Mills, 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 Mahak Synthetics Mills'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 Mahak Synthetics Mills

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mahak Synthetics Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Canara Bank of Rs. 65.03 Cr registered on 06 Nov 2010 with Charge ID 10295108 was modified on 22 Dec 2023.

  • Director Appointment

    Pratik Surender Mittal was appointed as a Director was appointed as a Director on 24 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Charges

    A charge with Canara Bank amounted to Rs. 8.00 Cr with Charge ID 100446051 was registered on 20 May 2021.

  • Director Appointment

    Samira Mitesh Soni was appointed as a Company Secretary was appointed as a Company Secretary on 01 Sep 2020 & has been associated with this company since 4 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Mahak Synthetics Mills Private Limited?

    Mahak Synthetics Mills Private Limited was incorporated on 03 Oct 1981.

  • What is authorized share capital and paid-up capital of Mahak Synthetics Mills Private Limited?

    The authorized share capital of Mahak Synthetics Mills Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 15.76 Cr.

  • Who are the current board members & directors of Mahak Synthetics Mills Private Limited?

    Currently 4 directors are associated with Mahak Synthetics Mills Private Limited.

    • Anuj Nareshkumar Mittal
    • Pratik Surender Mittal
    • Samira Mitesh Soni
    • Gunjan Surender Mittal

  • What is the registered address of Mahak Synthetics Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahak Synthetics Mills Private Limited is Plot No. 140/1 Saijpur Gopalpur Pirana Road Piplaj Village, India, Ahmedabad, Gujarat, 382405.

  • What is the corporate identification number (CIN) and company number of Mahak Synthetics Mills Private Limited?

    The corporate identification number (CIN) of Mahak Synthetics Mills Private Limited is U24231GJ1981PTC004654 and the company number is 004654 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mahak Synthetics Mills Private Limited?

    The Official website of Mahak Synthetics Mills Private Limited is https://www.groupmahak.com

  • What has been the recent revenue trend for Mahak Synthetics Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahak Synthetics Mills Private Limited has risen by 32.62%.

  • What change has been observed in the net worth of Mahak Synthetics Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahak Synthetics Mills Private Limited has experienced an upsurge of 14.71%.

  • What are the total open charges for Mahak Synthetics Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahak Synthetics Mills Private Limited amount to ₹ 152.14 Cr.

  • When was the last Balance Sheet of Mahak Synthetics Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for Mahak Synthetics Mills Private Limited was filed with the ROC on 31 Mar 2024.

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