Maheshwari Polyspin Limited

Textile trading and manufacturing of synthetic and man-made fibers, yarn, and textiles worldwide.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: December 02, 2024

Maheshwari Polyspin Profile

Key Indicators

  • Authorised Capital ₹ 1.05 Cr
  • Paid Up Capital ₹ 9.70 M
  • Company Age 20 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.72 Cr
  • Revenue Growth -3.21%
  • Profit Growth 24.69%
  • Ebitda 4.22%
  • Net Worth -0.01%
  • Total Assets 13.76%

About Maheshwari Polyspin

Maheshwari Polyspin Limited (MPL) is a Public Limited Indian Non-Government Company incorporated in India on 29 September 2004 and has a history of 20 years and four months. Its registered office is in Mumbai, Maharashtra, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 1.05 Cr and a paid-up capital of Rs 9.70 M.

The company currently has active open charges totaling ₹1.72 Cr.

Vimal Maheshwari, Prakash Maheshwari, and Chetan Bhawsar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH2004PLC049008

  • Company No.

    049008

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Sep 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

Who are the key members and board of directors at Maheshwari Polyspin?

Board Members (3)

Name Designation Appointment Date Status
Vimal Maheshwari Country flag representing In Director 10-Jan-2007 Current
Prakash Maheshwari Country flag representing In Director 30-Sep-2016 Current
Chetan Bhawsar Country flag representing In Director 25-Jul-2017 Current

Financial Performance of Maheshwari Polyspin.

Maheshwari Polyspin Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 3.21% decrease. The company also saw a substantial improvement in profitability, with a 24.69% increase in profit. The company's net worth dipped by a decrease of 0.01%.

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
-3.21%
Revenue from Operations
Total Assets
13.76%
Profit or Loss
24.69%
Net Worth
-0.01%
EBITDA
4.22%

What is the Ownership and Shareholding Structure of Maheshwari Polyspin?

In 2018, Maheshwari Polyspin had a promoter holding of 13.50% and a public holding of 86.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.72 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Gujrat Industrial Investment Corporation Ltd : 0.90 Cr
  • Bank Of Baroda : 0.72 Cr
  • Asset Recovery Management : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
02 May 1994 Bank Of Baroda ₹1.50 M Open
23 Apr 1994 Asset Recovery Management ₹1.00 M Open
16 Dec 1992 Bank Of Baroda ₹3.20 M Open
16 Nov 1992 Bank Of Baroda ₹2.50 M Open
25 May 1990 Gujrat Industrial Investment Corporation Ltd ₹9.00 M Open

How Many Employees Work at Maheshwari Polyspin?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maheshwari Polyspin, 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 Maheshwari Polyspin'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 Maheshwari Polyspin

Recent activity within the organization

  • Annual General Meeting

    Maheshwari Polyspin Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Maheshwari Polyspin Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Chetan Bhawsar was appointed as a Director was appointed as a Director on 25 Jul 2017 & has been associated with this company since 7 years 6 months .

    25 Jul 2017

  • Director Appointment

    Prakash Maheshwari was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 8 years 4 months .

    30 Sep 2016

  • Charges

    A charge with Bank Of Baroda of Rs. 0.15 Cr registered on 02 May 1994 with Charge ID 90222327 was modified on 28 Jan 2008.

    28 Jan 2008

  • Charges

    A charge with Asset Recovery Management of Rs. 0.10 Cr registered on 23 Apr 1994 with Charge ID 90226668 was modified on 28 Jan 2008.

    28 Jan 2008

Frequently asked questions

  • Maheshwari Polyspin Limited was incorporated on 29 Sep 2004.

  • The authorized share capital of Maheshwari Polyspin Limited is ₹ 1.05 Cr and paid-up capital is ₹ 9.70 M.

  • Currently 3 directors are associated with Maheshwari Polyspin Limited.

    • Vimal Maheshwari
    • Prakash Maheshwari
    • Chetan Bhawsar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maheshwari Polyspin Limited is A/102 M/S Gulmohar Contractors Co. Pvt. Ltd. Dr. Rp Road, Mulund (W) India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Maheshwari Polyspin Limited is U17110MH2004PLC049008 and the company number is 049008 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Maheshwari Polyspin Limited has fallen by -3.21%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Maheshwari Polyspin Limited has experienced an downturn of -0.01%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Maheshwari Polyspin Limited amount to ₹ 1.72 Cr.

  • The most recent Balance Sheet for Maheshwari Polyspin Limited was filed with the ROC on 31 Mar 2023.

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