Malwa Cotton Spinning Mills Profile
Key Indicators
- Authorised Capital ₹ 45.00 Cr
- Paid Up Capital ₹ 35.15 Cr
- Company Age 48 Year, 3 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 267.85 Cr
- Satisfied Charges ₹ 715.96 Cr
- Revenue Growth -32.75%
- Profit Growth -26.76%
- Ebitda -93.42%
- Net Worth -12.04%
- Total Assets -18.32%
About Malwa Cotton Spinning Mills
Malwa Cotton Spinning Mills Ltd (MCSML) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 December 1976 and has a history of 48 years and three months. Its registered office is in Punjab, Punjab.
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 2017. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 35.15 Cr.
The company currently has active open charges totaling ₹267.85 Cr. The company has closed loans amounting to ₹715.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ashok Jain, Jangi Oswal, and Rajesh Duggal serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L17115PB1976PLC003702
- Company No.
003702
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Dec 1976
- Date of AGM
29 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Listed
- ROC Code
Roc Chandigarh
Industry
Manufacturing
Who are the key members and board of directors at Malwa Cotton Spinning Mills?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jangi Oswal  | Managing Director | 01-Jan-2009 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashok Jain | Director | 30-Nov-2018 | Current |
| Rajesh Duggal | Additional Director | 01-Jun-2021 | Current |
Financial Performance of Malwa Cotton Spinning Mills.
Malwa Cotton Spinning Mills Ltd, for the financial year ended 2017, experienced significant reduction in revenue, with a 32.75% decrease. The company also saw a substantial fall in profitability, with a 26.76% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.04%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Malwa Cotton Spinning Mills?
In 2017, Malwa Cotton Spinning Mills had a promoter holding of 52.24% and a public holding of 47.77%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Oswal Knitting And Spinning Industries LimitedAshok Jain and Rajesh Duggal are mutual person
- Malwa Capital And Finance Limited
Ashok Jain is a mutual person
- Oswego Trading And Investment Company Limited
Ashok Jain and Jangi Oswal are mutual person
- Crouse Investment Limited
Ashok Jain is a mutual person
- Bulwark Securities Private Limited
Ashok Jain is a mutual person
- V S Growth Fund Private Limited
Ashok Jain is a mutual person
Charges (Loans)
Open Charges
₹267.85 Cr
Satisfied Charges
₹715.96 Cr
Charges Breakdown by Lending Institutions
- Ifci Limited : 90.65 Cr
- The Ind. Finance Corp. Of India Ltd : 41.00 Cr
- The Ind. Finance Corp. Of Insia Ltd. : 26.00 Cr
- Idbi Bank Limited : 20.09 Cr
- The Ind. Finance .Corp. Of India : 18.81 Cr
- Others : 71.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Jan 2010 | Ifci Limited | ₹70.28 Cr | Open |
| 01 Jan 2010 | Ifci Limited | ₹3.50 Cr | Open |
| 31 Dec 2009 | Ifci Limited | ₹3.50 Cr | Open |
| 19 Nov 2009 | Small Industries Development Bank Of India | ₹2.30 Cr | Open |
| 20 Oct 2009 | Ifci Limited | ₹13.37 Cr | Open |
How Many Employees Work at Malwa Cotton Spinning Mills?
Malwa Cotton Spinning Mills has a workforce of 21 employees as of Apr 02, 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 Malwa Cotton Spinning Mills, 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 Malwa Cotton Spinning Mills'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 Malwa Cotton Spinning Mills
Recent activity within the organization
- Charges
A charge registered on 28 Jul 1983 via Charge ID 90167843 with Indian Bank was fully satisfied on 03 May 2023.
- Charges
A charge registered on 20 Jun 1983 via Charge ID 90167836 with Indian Bank was fully satisfied on 03 May 2023.
- Charges
A charge registered on 20 Apr 1983 via Charge ID 90167828 with Indian Bank was fully satisfied on 03 May 2023.
- Charges
A charge registered on 08 Nov 1982 via Charge ID 90167801 with Indian Bank was fully satisfied on 03 May 2023.
- Charges
A charge registered on 16 Mar 1981 via Charge ID 90167188 with Indian Bank was fully satisfied on 03 May 2023.
- Charges
A charge registered on 30 Jun 2009 via Charge ID 10167664 with State Bank Of India was fully satisfied on 11 Jan 2023.
Recent News, Updates & Announcement
ARCIL revives ailing Malwa Industries with working capital funding.Malwa Industries is one the few integrated denim manufacturers in the country with all activities from spinning to garmenting under one roof in India's cotton belt Ludhiana..
Frequently asked questions
What is the Incorporation or founding date of Malwa Cotton Spinning Mills Ltd?
Malwa Cotton Spinning Mills Ltd was incorporated on 01 Dec 1976.
What is authorized share capital and paid-up capital of Malwa Cotton Spinning Mills Ltd?
The authorized share capital of Malwa Cotton Spinning Mills Ltd is ₹ 45.00 Cr and paid-up capital is ₹ 35.15 Cr.
Who are the current board members & directors of Malwa Cotton Spinning Mills Ltd?
Currently 3 directors are associated with Malwa Cotton Spinning Mills Ltd.
- Ashok Kumar Jain
- Jangi Lal Oswal
- Rajesh Kumar Duggal
What is the registered address of Malwa Cotton Spinning Mills Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Malwa Cotton Spinning Mills Ltd is Industrial Area-A Ludhiana India, Punjab.
What is the corporate identification number (CIN) and company number of Malwa Cotton Spinning Mills Ltd?
The corporate identification number (CIN) of Malwa Cotton Spinning Mills Ltd is L17115PB1976PLC003702 and the company number is 003702 as per Ministry of Corporate Affairs (MCA).
What is the official website of Malwa Cotton Spinning Mills Ltd?
The Official website of Malwa Cotton Spinning Mills Ltd is https://www.malwagroup.com
What has been the recent revenue trend for Malwa Cotton Spinning Mills Ltd?
According to the financial reports for the fiscal year 2017, the revenue trend for Malwa Cotton Spinning Mills Ltd has fallen by -32.75%.
How many employees does Malwa Cotton Spinning Mills Ltd currently have?
As Per 2017 financial reports, 21 employees are currently employed by Malwa Cotton Spinning Mills Ltd.
What change has been observed in the net worth of Malwa Cotton Spinning Mills Ltd, and by what percentage?
The financial reports for the fiscal year 2017 indicates that The net worth of Malwa Cotton Spinning Mills Ltd has experienced an downturn of -12.04%.
What are the total open charges for Malwa Cotton Spinning Mills Ltd?
As per the financial statements for fiscal Year 2017, The total open charges for Malwa Cotton Spinning Mills Ltd amount to ₹ 267.85 Cr.
When was the last Balance Sheet of Malwa Cotton Spinning Mills Ltd filed with the ROC?
The most recent Balance Sheet for Malwa Cotton Spinning Mills Ltd was filed with the ROC on 31 Mar 2017.
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