Markwell Spinning Private Limited

Cotton spinning and yarn manufacturing with 34,272 spindles and 6,343 MTPA production capacity.

2013 | Rajkot, Gujarat (India) | Active
Last Updated:

Markwell Spinning Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 20.00 Cr
  • Company Age 11 Year, 10 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 ten 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

Manufacturing
Company report

Markwell Spinning Private Limited

Explore comprehensive data for Markwell Spinning Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Markwell Spinning?

Board Members (7)

NameDesignationAppointment DateStatus
Mahesh Maradiya Country flag representing In Director 11-Jun-2013Current
Chirag Ghetia Country flag representing In Director 11-Jun-2013Current
Vithaldas Saparia Country flag representing In Director 11-Jun-2013Current
Mahesh Tilva Country flag representing In Director 11-Jun-2013Current
Purshottam Saparia Country flag representing In Director 02-Jul-2013Current
Gopaldas Saparia Country flag representing In Director 11-Jun-2013Current

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%.

Markwell Spinning revenue growth over time
Markwell Spinning 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
62.97%
Revenue from Operations
64.13%
Total Assets
26.34%
Profit or Loss
362.46%
Net Worth
33.71%
EBITDA
67.69%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹78.16 Cr

Satisfied Charges

₹65.65 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 78.16 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 2022Hdfc Bank Limited₹78.16 CrOpen
24 Mar 2014Others₹65.65 CrSatisfied

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.

Employee growth trends for Markwell Spinning Private Limited

Deals i

Graph showing company valuation over time

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

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 Markwell Spinning

Recent activity within the organization

  • Annual General Meeting

    Markwell Spinning Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 78.16 Cr registered on 10 Jan 2022 with Charge ID 100525090 was modified on 14 Aug 2024.

  • Balance Sheet

    Markwell Spinning Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge registered on 24 Mar 2014 via Charge ID 10485681 with Others was fully satisfied on 17 Jan 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 78.16 Cr with Charge ID 100525090 was registered on 10 Jan 2022.

  • Charges

    A charge with Others of Rs. 65.65 Cr registered on 24 Mar 2014 with Charge ID 10485681 was modified on 02 May 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Markwell Spinning Private Limited?

    Markwell Spinning Private Limited was incorporated on 11 Jun 2013.

  • What is authorized share capital and paid-up capital of Markwell Spinning Private Limited?

    The authorized share capital of Markwell Spinning Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 20.00 Cr.

  • Who are the current board members & directors of Markwell Spinning Private Limited?

    Currently 7 directors are associated with Markwell Spinning Private Limited.

    • Chirag Dineshkumar Ghetia
    • Vithaldas Gokalbhai Saparia
    • Mahesh Kumar Ramaniklal Tilva
    • Mahesh Girdharbhai Maradiya
    • Purshottam Gokaldas Saparia
    • Gopaldas Gokaldas Saparia
    • Divyesh Gopaldas Saparia

  • What is the registered address of Markwell Spinning Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Markwell Spinning Private Limited is Revenue Survey No. 35/3 Paiki 3 Village : Pipaliya, India, Gondal, Gujarat, 360311.

  • What is the corporate identification number (CIN) and company number of Markwell Spinning Private Limited?

    The corporate identification number (CIN) of Markwell Spinning Private Limited is U17123GJ2013PTC075553 and the company number is 075553 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Markwell Spinning Private Limited?

    The Official website of Markwell Spinning Private Limited is https://www.markwellspinning.com

  • What has been the recent revenue trend for Markwell Spinning Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Markwell Spinning Private Limited has risen by 62.97%.

  • How many employees does Markwell Spinning Private Limited currently have?

    As Per 2022 financial reports, 129 employees are currently employed by Markwell Spinning Private Limited.

  • What change has been observed in the net worth of Markwell Spinning Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Markwell Spinning Private Limited has experienced an upsurge of 33.71%.

  • What are the total open charges for Markwell Spinning Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Markwell Spinning Private Limited amount to ₹ 78.16 Cr.

  • When was the last Balance Sheet of Markwell Spinning Private Limited filed with the ROC?

    The most recent Balance Sheet for Markwell Spinning Private Limited was filed with the ROC on 31 Mar 2024.

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