Mahip Industries Profile
Key Indicators
- Authorised Capital ₹ 21.00 Cr
- Paid Up Capital ₹ 19.24 Cr
- Company Age 29 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.00 Cr
- Satisfied Charges ₹ 88.56 Cr
- Revenue Growth -64.83%
- Profit Growth -126.53%
- Ebitda -183.75%
- Net Worth -57.80%
- Total Assets -37.47%
About Mahip Industries
Mahip Industries Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 November 1995 and has a history of 29 years and three months. Its registered office is in Ahmedabad, Gujarat.
The Corporate was formerly known as Care Corupack Limited. The Company is engaged in the Packaging 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 21.00 Cr and a paid-up capital of Rs 19.24 Cr.
The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹88.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahip Industries Limited India are Rajiv Agrawal as CFO and Animesh Suthar as Company Secretary. Rajiv Agrawal, Omkar Patel, Praveen Singh, and One other member serve as directors at the Company.
Company Details
- Location Ahmedabad, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L15549GJ1995PLC028116
- Company No.
028116
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Nov 1995
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Packaging
What products or services does Mahip Industries Limited offer?
Mahip Industries Limited offers a wide range of products and services, including Packaging Boxes, Corrugated Packaging Boxes, Raw Paper Material, Corrugated Packaging Material, Corrugated Box, Paper Rolls, Corrugated Roll, Plastic Film, Packaging Materials, Edible Packaging Boxes.
Who are the key members and board of directors at Mahip Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajiv Agrawal | CFO | 30-Jul-2020 | Current |
| Animesh Suthar | Company Secretary | 16-Aug-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajiv Agrawal  | Whole-Time Director | 14-Nov-1995 | Current |
| Omkar Patel | Director | 07-Aug-2020 | Current |
| Praveen Singh | Director | 04-Jul-2022 | Current |
| Kinjal Parmar | Additional Director | 12-Nov-2024 | Current |
Financial Performance of Mahip Industries.
Mahip Industries Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 64.83% decrease. The company also saw a substantial fall in profitability, with a 126.53% decrease in profit. The company's net worth observed a substantial decline by a decrease of 57.8%.
- 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 Mahip Industries?
In 2020, Mahip Industries had a promoter holding of 65.40% and a public holding of 34.60%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹4.00 Cr
Satisfied Charges
₹88.56 Cr
Charges Breakdown by Lending Institutions
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2017 | Others | ₹4.00 Cr | Open |
| 12 Dec 2017 | Others | ₹29.54 Cr | Satisfied |
| 12 Oct 2017 | Others | ₹27.83 Cr | Satisfied |
| 01 Oct 2009 | Canara Bank | ₹0.55 M | Satisfied |
| 28 Aug 2006 | Canara Bank | ₹30.82 Cr | Satisfied |
How Many Employees Work at Mahip Industries?
Mahip Industries has a workforce of 14 employees as of Mar 29, 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 Mahip Industries, 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 Mahip Industries'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 Mahip Industries
Recent activity within the organization
- Director Appointment
Kinjal Parmar was appointed as a Additional Director was appointed as a Additional Director on 12 Nov 2024 & has been associated with this company since 3 months 19 days .
- Annual General Meeting
Mahip Industries Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Director Appointment
Animesh Suthar was appointed as a Company Secretary was appointed as a Company Secretary on 16 Aug 2024 & has been associated with this company since 6 months 16 days .
- Balance Sheet
Mahip Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 12 Dec 2017 via Charge ID 100148755 with Others was fully satisfied on 30 Sep 2023.
- Charges
A charge registered on 12 Oct 2017 via Charge ID 100143275 with Others was fully satisfied on 30 Sep 2023.
Frequently asked questions
What is the Incorporation or founding date of Mahip Industries Limited?
Mahip Industries Limited was incorporated on 14 Nov 1995.
What is authorized share capital and paid-up capital of Mahip Industries Limited?
The authorized share capital of Mahip Industries Limited is ₹ 21.00 Cr and paid-up capital is ₹ 19.24 Cr.
Who are the current board members & directors of Mahip Industries Limited?
Currently 6 directors are associated with Mahip Industries Limited.
- Rajiv Govindram Agrawal
- Omkar Patel
- Praveen Singh
- Kinjal Parmar
- Rajiv Govindram Agrawal
- Animesh Suthar
What is the registered address of Mahip Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahip Industries Limited is Survey No. 127, Jalalpur - Godhneshwar Dholka Bagodara Highway India, Ahmedabad, Gujarat, 387810.
What is the corporate identification number (CIN) and company number of Mahip Industries Limited?
The corporate identification number (CIN) of Mahip Industries Limited is L15549GJ1995PLC028116 and the company number is 028116 as per Ministry of Corporate Affairs (MCA).
What is the official website of Mahip Industries Limited?
The Official website of Mahip Industries Limited is https://www.mahipindustriesltd.in
What has been the recent revenue trend for Mahip Industries Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Mahip Industries Limited has fallen by -64.83%.
How many employees does Mahip Industries Limited currently have?
As Per 2021 financial reports, 14 employees are currently employed by Mahip Industries Limited.
What change has been observed in the net worth of Mahip Industries Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Mahip Industries Limited has experienced an downturn of -57.80%.
What are the total open charges for Mahip Industries Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Mahip Industries Limited amount to ₹ 4.00 Cr.
When was the last Balance Sheet of Mahip Industries Limited filed with the ROC?
The most recent Balance Sheet for Mahip Industries Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Sharad KabaraAdditional Director
Riddhi KumarDirectorMA
Mamta AgarwalDirectorAJ
Ashutosh JainDirectorJS
Jignesh ShahDirectorRO
Radheshyam OzaDirectorRB
Ramesh BaghelDirectorAS
Arpitkumar SoniAdditional Director
Similar Companies Based on Laminated & Corrugated Packaging
Krishna Tissues Private Limited 24 Parganas, West Bengal, India
Virgo Laminates Limited Chandigarh, India
Bahl Paper Mills Limited Delhi, India
Sripathi Paper And Boards Private Limited Erode, Tamil Nadu, India
Montage Enterprises Private Limited Delhi, India
Khanna Paper Mills Limited Gurugram, Haryana, India
Itc Limited Kolkata, West Bengal, India
Dhariwal Industries Private Limited Pune, Maharashtra, India