Mahipal Synthetics Private Limited

Textile manufacturing and property rental services since 1998.

1998 | Bhilwara, Rajasthan (India) | Active
Last Updated: October 24, 2024

Mahipal Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 1.20 M
  • Paid Up Capital ₹ 1.20 M
  • Company Age 26 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.25 Cr
  • Revenue Growth 86.52%
  • Profit Growth 360.09%
  • Ebitda 78.86%
  • Net Worth 21.27%
  • Total Assets 5.52%

About Mahipal Synthetics

Mahipal Synthetics Private Limited (MSPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 June 1998 and has a history of 26 years and eight months. Its registered office is in Bhilwara, Rajasthan, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.20 M and a paid-up capital of Rs 1.20 M.

The company currently has active open charges totaling ₹4.25 Cr.

Sarla Kothari, Vijay Kothari, and Usha Kothari serve as directors at the Company.

Company Details

  • Location

    Bhilwara, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18101RJ1998PTC014894

  • Company No.

    014894

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing
Financial Services

Who are the key members and board of directors at Mahipal Synthetics?

Board Members (3)

NameDesignationAppointment DateStatus
Sarla Kothari Country flag representing In Director 16-Jun-1998Current
Vijay Kothari Country flag representing In Director 21-Jan-2009Current
Usha Kothari Country flag representing In Director 12-Jun-2024Current

Financial Performance of Mahipal Synthetics.

Mahipal Synthetics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 86.52% increase. The company also saw a substantial improvement in profitability, with a 360.09% increase in profit. The company's net worth Soared by an impressive increase of 21.27%.

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
86.52%
Revenue from Operations
86.67%
Total Assets
5.52%
Profit or Loss
360.09%
Net Worth
21.27%
EBITDA
78.86%

What is the Ownership and Shareholding Structure of Mahipal Synthetics?

In 2023, Mahipal Synthetics 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

₹42.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.25 Cr

Latest Charge Details

DateLenderAmountStatus
20 Jun 2020Axis Bank Limited₹2.50 MOpen
15 May 2007Axis Bank Limited₹4.00 CrOpen

How Many Employees Work at Mahipal Synthetics?

Unlock and access historical data on people associated with Mahipal Synthetics, 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 Mahipal Synthetics, 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 Mahipal Synthetics'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 Mahipal Synthetics

Recent activity within the organization

  • Annual General Meeting

    Mahipal Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Usha Kothari was appointed as a Director was appointed as a Director on 12 Jun 2024 & has been associated with this company since 8 months 9 days .

    12 Jun 2024

  • Balance Sheet

    Mahipal Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.50 M with Charge ID 100345643 was registered on 20 Jun 2020.

    20 Jun 2020

  • Charges

    A charge with Axis Bank Limited of Rs. 40.00 M registered on 15 May 2007 with Charge ID 10053454 was modified on 18 Feb 2016.

    18 Feb 2016

  • Director Appointment

    Vijay Singh Kothari was appointed as a Director was appointed as a Director on 21 Jan 2009 & has been associated with this company since 16 years 29 days .

    21 Jan 2009

Frequently asked questions

  • Mahipal Synthetics Private Limited was incorporated on 16 Jun 1998.

  • The authorized share capital of Mahipal Synthetics Private Limited is ₹ 1.20 M and paid-up capital is ₹ 1.20 M.

  • Currently 3 directors are associated with Mahipal Synthetics Private Limited.

    • Sarla Kothari
    • Vijay Singh Kothari
    • Usha Kothari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mahipal Synthetics Private Limited is G-9-10 Riico Industrialarea (Ext.), India, Bhilwara, Rajasthan, 311001.

  • The corporate identification number (CIN) of Mahipal Synthetics Private Limited is U18101RJ1998PTC014894 and the company number is 014894 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mahipal Synthetics Private Limited has risen by 86.52%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mahipal Synthetics Private Limited has experienced an upsurge of 21.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mahipal Synthetics Private Limited amount to ₹ 4.25 Cr.

  • The most recent Balance Sheet for Mahipal Synthetics Private Limited was filed with the ROC on 31 Mar 2024.

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