Mahalakshmi Spintex Private Limited

Manufacturer of recycled polyester staple fibre for carpet, automobile, and textile industries.

2000 | Panchkula, Haryana (India) | Active
Last Updated: July 27, 2024

Mahalakshmi Spintex Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 5.73 Cr
  • Company Age 24 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.51 Cr
  • Satisfied Charges ₹ 68.55 Cr
  • Revenue Growth 15.65%
  • Profit Growth 103.72%
  • Ebitda 57.13%
  • Net Worth 20.66%
  • Total Assets -3.28%

About Mahalakshmi Spintex

Mahalakshmi Spintex Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 December 2000 and has a history of 24 years and one month. Its registered office is in Panchkula, Haryana, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 5.73 Cr.

The company currently has active open charges totaling ₹49.51 Cr. The company has closed loans amounting to ₹68.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raj Jain, Manju Bala, Dhan Raj, and One other member serve as directors at the Company.

Company Details

  • Location

    Panchkula, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mahalakshmifibre.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999HR2000PTC034589

  • Company No.

    034589

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Dec 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Mahalakshmi Spintex Private Limited offer?

Mahalakshmi Spintex Private Limited offers a wide range of products and services, including Yarns & Threads, Fibers.

Who are the key members and board of directors at Mahalakshmi Spintex?

Board Members (4)

NameDesignationAppointment DateStatus
Madhav Jain Country flag representing In Additional Director Current
Raj Jain Country flag representing In Whole-Time Director 29-Dec-2000Current
Manju Bala Country flag representing In Director 29-Dec-2000Current
Dhan Raj Country flag representing In Whole-Time Director 27-Aug-2005Current

Financial Performance of Mahalakshmi Spintex.

Mahalakshmi Spintex Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.65% increase. The company also saw a substantial improvement in profitability, with a 103.72% increase in profit. The company's net worth Soared by an impressive increase of 20.66%.

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
15.65%
Revenue from Operations
15.73%
Total Assets
-3.28%
Profit or Loss
103.72%
Net Worth
20.66%
EBITDA
57.13%

What is the Ownership and Shareholding Structure of Mahalakshmi Spintex?

In 2023, Mahalakshmi Spintex had a promoter holding of 98.75% and a public holding of 1.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.51 Cr

Satisfied Charges

₹68.55 Cr

Charges Breakdown by Lending Institutions

  • Others : 49.21 Cr
  • Deputy Director Of Industries Single Window Clearance Agency : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
04 May 2023Others₹3.52 CrOpen
04 May 2023Others₹4.80 MOpen
16 Mar 2022Others₹3.00 CrOpen
24 Nov 2021Others₹1.66 CrOpen
08 Mar 2021Others₹40.55 CrOpen

How Many Employees Work at Mahalakshmi Spintex?

Mahalakshmi Spintex has a workforce of 117 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 Mahalakshmi Spintex, 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 Spintex'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 Mahalakshmi Spintex

Recent activity within the organization

  • Annual General Meeting

    Mahalakshmi Spintex 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 Others amounted to Rs. 3.52 Cr with Charge ID 100723307 was registered on 04 May 2023.

    04 May 2023

  • Charges

    A charge with Others amounted to Rs. 0.48 Cr with Charge ID 100724286 was registered on 04 May 2023.

    04 May 2023

  • Charges

    A charge with Others of Rs. 40.55 Cr registered on 08 Mar 2021 with Charge ID 100450456 was modified on 04 May 2023.

    04 May 2023

  • Balance Sheet

    Mahalakshmi Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100568545 was registered on 16 Mar 2022.

    16 Mar 2022

Frequently asked questions

  • Mahalakshmi Spintex Private Limited was incorporated on 29 Dec 2000.

  • The authorized share capital of Mahalakshmi Spintex Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.73 Cr.

  • Currently 4 directors are associated with Mahalakshmi Spintex Private Limited.

    • Raj Kumar Jain
    • Manju Bala
    • Dhan Raj
    • Madhav Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahalakshmi Spintex Private Limited is 130-A Sector-21, Panchkula, Haryana, India, 134116.

  • The corporate identification number (CIN) of Mahalakshmi Spintex Private Limited is U99999HR2000PTC034589 and the company number is 034589 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mahalakshmi Spintex Private Limited is https://www.mahalakshmifibre.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahalakshmi Spintex Private Limited has risen by 15.65%.

  • As Per 2023 financial reports, 117 employees are currently employed by Mahalakshmi Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahalakshmi Spintex Private Limited has experienced an upsurge of 20.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahalakshmi Spintex Private Limited amount to ₹ 49.51 Cr.

  • The most recent Balance Sheet for Mahalakshmi Spintex Private Limited was filed with the ROC on 31 Mar 2023.

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