Mainetti (India) Private Limited

Manufactures garment hangers and polybags for readymade garments.

1997 | Chennai-600029, Tamil Nadu (India) | Active
Last Updated: January 09, 2025

Mainetti (India) Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.61 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 80.22 Cr
  • Satisfied Charges ₹ 109.92 Cr
  • Revenue Growth 56.46%
  • Profit Growth 284.67%
  • Ebitda 133.74%
  • Net Worth 14.96%
  • Total Assets 28.12%

About Mainetti (India)

Mainetti (India) Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 June 1997 and has a history of 27 years and eight months. Its registered office is in Chennai-600029, Tamil Nadu.

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 15.00 Cr and a paid-up capital of Rs 12.61 Cr.

The company currently has active open charges totaling ₹80.22 Cr. The company has closed loans amounting to ₹109.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mainetti (India) Private Limited India is Navalpakkam Sriram as COMPANY SECRETARY. Balaji, Sundeep Chauhan, Gnanasekar Gopalraj, and One other member serve as directors at the Company.

Company Details

  • Location
    Chennai-600029, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209TN1997PTC038312

  • Company No.

    038312

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jun 1997

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Mainetti (India) Private Limited offer?

Mainetti (India) Private Limited offers a wide range of products and services, including Packaging Boxes, Cardboard Packaging Box, Carry Bags and Multiutility Bags & Pouches, Bags, Barcode, Stickers & Luggage Tags, Textile Labels, Sticker and Tags, Security & Inspection Devices, Anti Theft Device, Packaging, Laminated & Zip Bags, Garment Packaging Bags.

Who are the key members and board of directors at Mainetti (India)?

Executive Team (1)

Name Designation Appointment Date Status
Navalpakkam Sriram Company Secretary 26-Jan-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Balaji Country flag representing In Director 13-Aug-2004 Current
Sundeep Chauhan Country flag representing In Director 06-Jul-2010 Current
Gnanasekar Gopalraj Country flag representing In Director 22-Dec-2010 Current
Rangarajan Ananth Country flag representing In Director 24-Jan-2019 Current

Financial Performance of Mainetti (India).

Mainetti (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 56.46% increase. The company also saw a substantial improvement in profitability, with a 284.67% increase in profit. The company's net worth Soared by an impressive increase of 14.96%.

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
56.46%
Revenue from Operations
57.07%
Total Assets
28.12%
Profit or Loss
284.67%
Net Worth
14.96%
EBITDA
133.74%

What is the Ownership and Shareholding Structure of Mainetti (India)?

In 2023, Mainetti (India) 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

₹80.22 Cr

Satisfied Charges

₹109.92 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 54.72 Cr
  • Hdfc Bank Limited : 25.50 Cr

Latest Charge Details

Date Lender Amount Status
29 Aug 2019 The Hongkong And Shanghai Banking Corporation Limited ₹7.50 M Open
11 Dec 2013 Hdfc Bank Limited ₹25.50 Cr Open
06 Oct 2010 The Hongkong And Shanghai Banking Corporation Limited ₹32.97 Cr Open
18 Sep 2006 The Hongkong And Shanghai Banking Corporation Limited ₹21.00 Cr Open
13 Jul 2020 Hdfc Bank Limited ₹5.00 Cr Satisfied

How Many Employees Work at Mainetti (India)?

Mainetti (India) has a workforce of 569 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mainetti (India), 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 Mainetti (India)'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 Mainetti (India)

Recent activity within the organization

  • Annual General Meeting

    Mainetti (India) Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Mainetti (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Navalpakkam Srinivasan Sriram was appointed as a Company Secretary was appointed as a Company Secretary on 26 Jan 2024 & has been associated with this company since 1 year 13 days .

    26 Jan 2024

  • Charges

    A charge registered on 13 Jul 2020 via Charge ID 100352731 with Hdfc Bank Limited was fully satisfied on 05 Jul 2023.

    05 Jul 2023

  • Charges

    A charge registered on 14 Oct 2019 via Charge ID 100306201 with Hdfc Bank Limited was fully satisfied on 05 Jul 2023.

    05 Jul 2023

  • Charges

    A charge registered on 22 Sep 2014 via Charge ID 10525262 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 23 Jun 2023.

    23 Jun 2023

Frequently asked questions

  • Mainetti (India) Private Limited was incorporated on 02 Jun 1997.

  • The authorized share capital of Mainetti (India) Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.61 Cr.

  • Currently 5 directors are associated with Mainetti (India) Private Limited.

    • Balaji
    • Sundeep Chauhan
    • Gnanasekar Gopalraj
    • Rangarajan Ananth
    • Navalpakkam Srinivasan Sriram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mainetti (India) Private Limited is No.138/30 3Rd Floor Florida Towers Nelson Manickam Road, India, Chennai-600029, Tamil Nadu.

  • The corporate identification number (CIN) of Mainetti (India) Private Limited is U25209TN1997PTC038312 and the company number is 038312 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mainetti (India) Private Limited is https://www.mainetti.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mainetti (India) Private Limited has risen by 56.46%.

  • As Per 2022 financial reports, 569 employees are currently employed by Mainetti (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mainetti (India) Private Limited has experienced an upsurge of 14.96%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mainetti (India) Private Limited amount to ₹ 80.22 Cr.

  • The most recent Balance Sheet for Mainetti (India) Private Limited was filed with the ROC on 31 Mar 2024.

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