Markwell Spinning Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 20.00 Cr
- Company Age 11 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 78.16 Cr
- Satisfied Charges ₹ 65.65 Cr
- Revenue Growth 62.97%
- Profit Growth 362.46%
- Ebitda 67.69%
- Net Worth 33.71%
- Total Assets 26.34%
About Markwell Spinning
Markwell Spinning Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 2013 and has a history of 11 years and eight months. Its registered office is in Rajkot, Gujarat, 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 20.00 Cr and a paid-up capital of Rs 20.00 Cr.
The company currently has active open charges totaling ₹78.16 Cr. The company has closed loans amounting to ₹65.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Chirag Ghetia, Vithaldas Saparia, Mahesh Tilva, and Four other members serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17123GJ2013PTC075553
- Company No.
075553
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jun 2013
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Markwell Spinning?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Maradiya  | Director | 11-Jun-2013 | Current |
| Chirag Ghetia | Director | 11-Jun-2013 | Current |
| Vithaldas Saparia | Director | 11-Jun-2013 | Current |
| Mahesh Tilva | Director | 11-Jun-2013 | Current |
| Purshottam Saparia | Director | 02-Jul-2013 | Current |
| Gopaldas Saparia | Director | 11-Jun-2013 | Current |
Financial Performance of Markwell Spinning.
Markwell Spinning Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 62.97% increase. The company also saw a substantial improvement in profitability, with a 362.46% increase in profit. The company's net worth Soared by an impressive increase of 33.71%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Markwell Spinning?
In 2023, Markwell Spinning had a promoter holding of 63.45% and a public holding of 36.55%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jaykishan Fibre Private LimitedVithaldas Saparia, Purshottam Saparia and 2 more are mutual person
Markwell Spintex LlpChirag Ghetia, Mahesh Maradiya and 1 more are mutual person
- Impression Offset Print Private Limited
Chirag Ghetia is a mutual person
Charges (Loans)
₹78.16 Cr
₹65.65 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 78.16 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2022 | Hdfc Bank Limited | ₹78.16 Cr | Open |
| 24 Mar 2014 | Others | ₹65.65 Cr | Satisfied |
How Many Employees Work at Markwell Spinning?
Markwell Spinning has a workforce of 129 employees as of Apr 07, 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 Markwell Spinning, 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 Markwell Spinning'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.
