Mahalakshmi Spinners Limited
Textile company specializing in manufacturing, processing, and finishing of woolen cloth and fabrics.
1990 | Panipat, Haryana (India) | Active
Mahalakshmi Spinners Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.97 Cr
- Company Age 35 Year, 13 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.60 M
- Satisfied Charges ₹ 2.11 Cr
- Revenue Growth -13.12%
- Profit Growth 229.36%
- Ebitda 50.32%
- Net Worth 2.61%
- Total Assets 0.84%
About Mahalakshmi Spinners
Mahalakshmi Spinners Limited (MSL) is a Public Limited Indian Non-Government Company incorporated in India on 06 March 1990 and has a history of 35 years. Its registered office is in Panipat, Haryana, India.
The Corporate was formerly known as Mahalakshmi Finishing & Weaving Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.97 Cr.
The company currently has active open charges totaling ₹5.60 M. The company has closed loans amounting to ₹2.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahavir Jain, Sanjay Singhal, and Paras Jain serve as directors at the Company.
Company Details
- Location
Panipat, Haryana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17113HR1990PLC030845
- Company No.
030845
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
06 Mar 1990
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Home & Lifestyle
Mahalakshmi Spinners Limited
Explore comprehensive data for Mahalakshmi Spinners Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mahalakshmi Spinners?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahavir Jain  | Director | 30-Dec-1991 | Current |
| Sanjay Singhal | Director | 06-Mar-1990 | Current |
| Paras Jain | Director | 01-Oct-2010 | Current |
Financial Performance of Mahalakshmi Spinners.
Mahalakshmi Spinners Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.12% decrease. The company also saw a substantial improvement in profitability, with a 229.36% increase in profit. The company's net worth moved up by a moderate rise of 2.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mahalakshmi Spinners?
In 2022, Mahalakshmi Spinners had a promoter holding of 20.02% and a public holding of 79.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0.56 Cr
Satisfied Charges
₹2.11 Cr
Charges Breakdown by Lending Institutions
- The Bank Of Rajasthan Ltd. : 0.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Mar 1993 | The Bank Of Rajasthan Ltd. | ₹5.60 M | Open |
| 24 May 2004 | The Bank Of Rajasthan Ltd. | ₹4.90 M | Satisfied |
| 20 Oct 1997 | The Bank Of Rajasthan | ₹1.60 Cr | Satisfied |
| 21 Mar 1994 | The Haryana Financial Corpn. | ₹0.20 M | Satisfied |
How Many Employees Work at Mahalakshmi Spinners?
Unlock and access historical data on people associated with Mahalakshmi Spinners, 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 Mahalakshmi Spinners, 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 Mahalakshmi Spinners'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.
Latest Updates, News, and FAQs on Mahalakshmi Spinners
Recent activity within the organization
- Annual General Meeting
Mahalakshmi Spinners Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mahalakshmi Spinners Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Director Appointment
Paras Jain was appointed as a Director was appointed as a Director on 01 Oct 2010 & has been associated with this company since 14 years 5 months .
- Charges
A charge registered on 24 May 2004 via Charge ID 90044200 with The Bank Of Rajasthan Ltd. was fully satisfied on 11 Feb 2010.
- Charges
A charge registered on 20 Oct 1997 via Charge ID 90042056 with The Bank Of Rajasthan was fully satisfied on 11 Feb 2010.
- Charges
A charge with The Bank Of Rajasthan of Rs. 1.60 Cr registered on 20 Oct 1997 with Charge ID 90042056 was modified on 28 Sep 2007.
Frequently asked questions
What is the Incorporation or founding date of Mahalakshmi Spinners Limited?
Mahalakshmi Spinners Limited was incorporated on 06 Mar 1990.
What is authorized share capital and paid-up capital of Mahalakshmi Spinners Limited?
The authorized share capital of Mahalakshmi Spinners Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.97 Cr.
Who are the current board members & directors of Mahalakshmi Spinners Limited?
Currently 3 directors are associated with Mahalakshmi Spinners Limited.
- Mahavir Parshad Jain
- Sanjay Singhal
- Paras Jain
What is the registered address of Mahalakshmi Spinners Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahalakshmi Spinners Limited is 3802-03Barsat Road Panipat India, Haryana, 132103.
What is the corporate identification number (CIN) and company number of Mahalakshmi Spinners Limited?
The corporate identification number (CIN) of Mahalakshmi Spinners Limited is U17113HR1990PLC030845 and the company number is 030845 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mahalakshmi Spinners Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mahalakshmi Spinners Limited has fallen by -13.12%.
What change has been observed in the net worth of Mahalakshmi Spinners Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Mahalakshmi Spinners Limited has experienced an upsurge of 2.61%.
What are the total open charges for Mahalakshmi Spinners Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Mahalakshmi Spinners Limited amount to ₹ 5.60 M.
When was the last Balance Sheet of Mahalakshmi Spinners Limited filed with the ROC?
The most recent Balance Sheet for Mahalakshmi Spinners Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
VJ
Vinod JainDirector