Mahavir Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 3.10 Cr
as on 25-06-2024
- Paid Up Capital ₹ 3.03 Cr
as on 25-06-2024
- Company Age 46 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Revenue 184.09%
(FY 2022)
- Profit 188.74%
(FY 2022)
- Ebitda 34.03%
(FY 2022)
- Net Worth 7.64%
(FY 2022)
- Total Assets 7.64%
(FY 2022)
About Mahavir Spinning Mills
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 3.10 Cr and a paid-up capital of Rs 3.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shri Oswal, Shakun Oswal, Suchita Jain, and One other member serve as directors at the Company.
- CIN/LLPIN
U45202PB1978PTC003831
- Company No.
003831
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Apr 1978
- Date of AGM
11 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Mahavir Spinning Mills?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shri Oswal  | Director | 08-Jan-1998 | Current |
| Shakun Oswal | Director | 15-Jun-1998 | Current |
| Suchita Jain | Director | 06-Dec-2018 | Current |
| Sachit Jain | Director | 08-Jan-1998 | Current |
Financial Performance and Corporate Structure Insights of Mahavir Spinning Mills.
Mahavir Spinning Mills Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 184.09% increase. The company also saw a substantial improvement in profitability, with a 188.74% increase in profit. The company's net worth moved up by a moderate rise of 7.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mahavir Spinning Mills?
In 2020, Mahavir Spinning Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vardhman Special Steels LimitedActive 14 years 7 monthsSuchita Jain and Sachit Jain are mutual person
Vardhman Acrylics LimitedActive 33 years 11 monthsShri Oswal, Suchita Jain and 1 more are mutual person
Vardhman Holdings LimitedActive 61 years 11 monthsShri Oswal, Suchita Jain and 1 more are mutual person
- Vardhman Textiles LimitedActive 51 years 2 months
Shri Oswal, Suchita Jain and 1 more are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Mahavir Spinning Mills?
Mahavir Spinning Mills has a workforce of 861 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahavir Spinning 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 Mahavir Spinning Mills'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.
