Marchon Textile Industries Private Limited

Real estate company established in 1973 with headquarters in Mumbai, Maharashtra.

1973 | Mumbai, Maharashtra (India) | Active
Last Updated: December 06, 2024

Marchon Textile Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.59 M
  • Company Age 51 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.84 Cr
  • Satisfied Charges ₹ 51.60 Cr
  • Revenue Growth 46.31%
  • Profit Growth 64.69%
  • Ebitda 64.46%
  • Net Worth 38.70%
  • Total Assets 0.56%

About Marchon Textile Industries

Marchon Textile Industries Private Limited (MTIPL) was founded in India on 14 March 1973 and has a glorious history of 51 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Real Estate And Construction 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 2.59 M.

The company currently has active open charges totaling ₹41.84 Cr. The company has closed loans amounting to ₹51.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Khyati Valia and Gaurang Parekh serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1973PTC016378

  • Company No.

    016378

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 1973

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Marchon Textile Industries?

Board Members (2)

NameDesignationAppointment DateStatus
Khyati Valia Country flag representing In Director 17-Dec-2012Current
Gaurang Parekh Country flag representing In Director 19-Feb-2011Current

Financial Performance of Marchon Textile Industries.

Marchon Textile Industries Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 46.31% increase. The company also saw a substantial improvement in profitability, with a 64.69% increase in profit. The company's net worth Soared by an impressive increase of 38.7%.

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
46.31%
Revenue from Operations
49.35%
Total Assets
0.56%
Profit or Loss
64.69%
Net Worth
38.70%
EBITDA
64.46%

What is the Ownership and Shareholding Structure of Marchon Textile Industries?

In 2022, Marchon Textile Industries had a promoter holding of 8.34% and a public holding of 91.66%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹418.40 M

Satisfied Charges

₹516.00 M

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 37.34 Cr
  • Gujrat Industrial Investment Corporation Limited : 4.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Dec 1997Bank Of Baroda₹7.50 MOpen
28 Aug 1997Gujrat Industrial Investment Corporation Limited₹5.90 MOpen
12 Feb 1996Gujrat Industrial Investment Corporation Limited₹7.90 MOpen
18 Jan 1995Gujrat Industrial Investment Corporation Limited₹1.25 CrOpen
12 Dec 1991Bank Of Baroda₹2.00 CrOpen

How Many Employees Work at Marchon Textile Industries?

Unlock and access historical data on people associated with Marchon Textile Industries, 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 Marchon Textile 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 Marchon Textile Industries'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 Marchon Textile Industries

Recent activity within the organization

  • Annual General Meeting

    Marchon Textile Industries Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Marchon Textile Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Khyati Chintan Valia was appointed as a Director was appointed as a Director on 17 Dec 2012 & has been associated with this company since 12 years 2 months .

    17 Dec 2012

  • Director Appointment

    Gaurang Vijaykumar Parekh was appointed as a Director was appointed as a Director on 19 Feb 2011 & has been associated with this company since 14 years 5 days .

    19 Feb 2011

  • Charges

    A charge registered on 09 May 2007 via Charge ID 10156556 with Citibank N.A was fully satisfied on 29 Apr 2009.

    29 Apr 2009

  • Charges

    A charge with Citibank N.A amounted to Rs. 156.00 M with Charge ID 10156556 was registered on 09 May 2007.

    09 May 2007

Frequently asked questions

  • Marchon Textile Industries Private Limited was incorporated on 14 Mar 1973.

  • The authorized share capital of Marchon Textile Industries Private Limited is ₹ 5.00 M and paid-up capital is ₹ 2.59 M.

  • Currently 2 directors are associated with Marchon Textile Industries Private Limited.

    • Khyati Chintan Valia
    • Gaurang Vijaykumar Parekh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Marchon Textile Industries Private Limited is Marchon House J. B Nager Andheri Kurla Road, (E) India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Marchon Textile Industries Private Limited is U17110MH1973PTC016378 and the company number is 016378 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Marchon Textile Industries Private Limited has risen by 46.31%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Marchon Textile Industries Private Limited has experienced an upsurge of 38.70%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Marchon Textile Industries Private Limited amount to ₹ 41.84 Cr.

  • The most recent Balance Sheet for Marchon Textile Industries Private Limited was filed with the ROC on 31 Mar 2023.

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