Majestic Clothing India Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 1.12 M
- Company Age 24 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.22 Cr
- Revenue Growth -40.46%
- Profit Growth -22.39%
- Ebitda -61.45%
- Net Worth 9.64%
- Total Assets 30.85%
About Majestic Clothing India
Majestic Clothing India Private Limited (MCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 July 2000 and has a history of 24 years and eight months. Its registered office is in Tirupur, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.12 M.
The company currently has active open charges totaling ₹3.22 Cr.
Subbiksha, Padma Priya, Shivashanmughasundram Kandasamy, and Two other members serve as directors at the Company.
Company Details
- Location
Tirupur, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17219TZ2000PTC009414
- Company No.
009414
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Jul 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Majestic Clothing India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kandasamy Krishnasamycounder  | Managing Director | 05-Jul-2000 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subbiksha | Director | 15-Mar-2021 | Current |
| Padma Priya | Director | 26-Feb-2020 | Current |
| Shivashanmughasundram Kandasamy | Director | 05-Jul-2000 | Current |
| Angathal | Director | 05-Jul-2000 | Current |
Financial Performance of Majestic Clothing India.
Majestic Clothing India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 40.46% decrease. The company also saw a substantial fall in profitability, with a 22.39% decrease in profit. The company's net worth moved up by a moderate rise of 9.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Majestic Clothing India?
In 2023, Majestic Clothing 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.
Charges (Loans)
Open Charges
₹32.17 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 3.22 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2020 | State Bank Of India | ₹2.97 M | Open |
| 06 Mar 2019 | State Bank Of India | ₹2.92 Cr | Open |
How Many Employees Work at Majestic Clothing India?
Majestic Clothing India has a workforce of 13 employees as of Mar 21, 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 Majestic Clothing 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 Majestic Clothing India'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 Majestic Clothing India
Recent activity within the organization
- Annual General Meeting
Majestic Clothing India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with State Bank Of India of Rs. 29.20 M registered on 06 Mar 2019 with Charge ID 100250956 was modified on 20 Apr 2023.
- Balance Sheet
Majestic Clothing India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Director Appointment
Subbiksha was appointed as a Director was appointed as a Director on 15 Mar 2021 & has been associated with this company since 4 years 14 days .
- Charges
A charge with State Bank Of India amounted to Rs. 2.97 M with Charge ID 100344543 was registered on 30 May 2020.
- Director Appointment
Padma Priya was appointed as a Director was appointed as a Director on 26 Feb 2020 & has been associated with this company since 5 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Majestic Clothing India Private Limited?
Majestic Clothing India Private Limited was incorporated on 05 Jul 2000.
What is authorized share capital and paid-up capital of Majestic Clothing India Private Limited?
The authorized share capital of Majestic Clothing India Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.12 M.
Who are the current board members & directors of Majestic Clothing India Private Limited?
Currently 5 directors are associated with Majestic Clothing India Private Limited.
- Subbiksha
- Padma Priya
- Shivashanmughasundram Kandasamy
- Kandasamy Krishnasamycounder
- Angathal
What is the registered address of Majestic Clothing India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Majestic Clothing India Private Limited is Sf.No.175/1B 2B Vanjipalayam Kaniyampoondi, Tirupur, Tamil Nadu, India, 641663.
What is the corporate identification number (CIN) and company number of Majestic Clothing India Private Limited?
The corporate identification number (CIN) of Majestic Clothing India Private Limited is U17219TZ2000PTC009414 and the company number is 009414 as per Ministry of Corporate Affairs (MCA).
What is the official website of Majestic Clothing India Private Limited?
The Official website of Majestic Clothing India Private Limited is https://www.majestic-exports.com
What has been the recent revenue trend for Majestic Clothing India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Majestic Clothing India Private Limited has fallen by -40.46%.
How many employees does Majestic Clothing India Private Limited currently have?
As Per 2023 financial reports, 13 employees are currently employed by Majestic Clothing India Private Limited.
What change has been observed in the net worth of Majestic Clothing India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Majestic Clothing India Private Limited has experienced an upsurge of 9.64%.
What are the total open charges for Majestic Clothing India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Majestic Clothing India Private Limited amount to ₹ 3.22 Cr.
When was the last Balance Sheet of Majestic Clothing India Private Limited filed with the ROC?
The most recent Balance Sheet for Majestic Clothing India Private Limited was filed with the ROC on 31 Mar 2023.
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