Mahaveer Cotts Strings Limited

Provides cotton ginning, cleaning, and bailing services since 2008 in Madhya Pradesh.

2008 | Nimar, Madhya Pradesh (India) | Active
Last Updated:

Mahaveer Cotts Strings Profile

Key Indicators

  • Authorised Capital ₹ 9.40 M
  • Paid Up Capital ₹ 9.40 M
  • Company Age 16 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8.37 Cr
  • Satisfied Charges ₹ 11.79 Cr
  • Revenue Growth -19.67%
  • Profit Growth -64.29%
  • Ebitda 20.77%
  • Net Worth -1.02%
  • Total Assets -2.02%

About Mahaveer Cotts Strings

Mahaveer Cotts Strings Limited (MCSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 May 2008 and has a history of 16 years and nine months. Its registered office is in Nimar, Madhya Pradesh, India.

The Corporate was formerly known as Mahaveer Cotts Strings 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 2023. It's a company limited by shares with an authorized capital of Rs 9.40 M and a paid-up capital of Rs 9.40 M.

The company currently has active open charges totaling ₹8.37 Cr. The company has closed loans amounting to ₹11.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vaibhau Jain, Kamal Jain, and Neeta Jain serve as directors at the Company.

Company Details

  • Location

    Nimar, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17300MP2008PLC020683

  • Company No.

    020683

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 May 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

Who are the key members and board of directors at Mahaveer Cotts Strings?

Board Members (3)

NameDesignationAppointment DateStatus
Vaibhau Jain Country flag representing In Director 08-May-2008Current
Kamal Jain Country flag representing In Director 08-May-2008Current
Neeta Jain Country flag representing In Director 11-Jan-2015Current

Financial Performance of Mahaveer Cotts Strings.

Mahaveer Cotts Strings Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.67% decrease. The company also saw a substantial fall in profitability, with a 64.29% decrease in profit. The company's net worth dipped by a decrease of 1.02%.

Mahaveer Cotts Strings revenue growth over time
Mahaveer Cotts Strings 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
-19.67%
Revenue from Operations
-19.67%
Total Assets
-2.02%
Profit or Loss
-64.29%
Net Worth
-1.02%
EBITDA
20.77%

What is the Ownership and Shareholding Structure of Mahaveer Cotts Strings?

In 2023, Mahaveer Cotts Strings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹83.71 M

Satisfied Charges

₹117.92 M

Charges Breakdown by Lending Institutions

  • Others : 8.37 Cr

Latest Charge Details

DateLenderAmountStatus
10 Apr 2018Others₹8.37 CrOpen
28 Mar 2012Bank Of Baroda₹6.79 CrSatisfied
30 Sep 2008State Bank Of Indore₹5.00 CrSatisfied

How Many Employees Work at Mahaveer Cotts Strings?

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

Employee growth trends for Mahaveer Cotts Strings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahaveer Cotts Strings, 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 Mahaveer Cotts Strings'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 Mahaveer Cotts Strings

Recent activity within the organization

  • Annual General Meeting

    Mahaveer Cotts Strings Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Mahaveer Cotts Strings Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Gwalior.

  • Charges

    A charge with Others of Rs. 83.71 M registered on 10 Apr 2018 with Charge ID 100252621 was modified on 12 May 2022.

  • Charges

    A charge registered on 28 Mar 2012 via Charge ID 10344618 with Bank Of Baroda was fully satisfied on 03 Jan 2019.

  • Charges

    A charge with Others amounted to Rs. 83.71 M with Charge ID 100252621 was registered on 10 Apr 2018.

  • Director Appointment

    Neeta Jain was appointed as a Director was appointed as a Director on 11 Jan 2015 & has been associated with this company since 10 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Mahaveer Cotts Strings Limited?

    Mahaveer Cotts Strings Limited was incorporated on 08 May 2008.

  • What is authorized share capital and paid-up capital of Mahaveer Cotts Strings Limited?

    The authorized share capital of Mahaveer Cotts Strings Limited is ₹ 9.40 M and paid-up capital is ₹ 9.40 M.

  • Who are the current board members & directors of Mahaveer Cotts Strings Limited?

    Currently 3 directors are associated with Mahaveer Cotts Strings Limited.

    • Vaibhau Kumar Jain
    • Kamal Chand Jain
    • Neeta Jain

  • What is the registered address of Mahaveer Cotts Strings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mahaveer Cotts Strings Limited is Zirnia Road India, Bhikangoan, Madhya Pradesh, 451331.

  • What is the corporate identification number (CIN) and company number of Mahaveer Cotts Strings Limited?

    The corporate identification number (CIN) of Mahaveer Cotts Strings Limited is U17300MP2008PLC020683 and the company number is 020683 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Mahaveer Cotts Strings Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mahaveer Cotts Strings Limited has fallen by -19.67%.

  • What change has been observed in the net worth of Mahaveer Cotts Strings Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mahaveer Cotts Strings Limited has experienced an downturn of -1.02%.

  • What are the total open charges for Mahaveer Cotts Strings Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mahaveer Cotts Strings Limited amount to ₹ 8.37 Cr.

  • When was the last Balance Sheet of Mahaveer Cotts Strings Limited filed with the ROC?

    The most recent Balance Sheet for Mahaveer Cotts Strings Limited was filed with the ROC on 31 Mar 2023.

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