Maruti Cotex Limited

Spinning cotton yarn since 2006, based in Maharashtra.

2006 | Mumbai, Maharashtra (India) | Active
Last Updated: November 15, 2024

Maruti Cotex Profile

Key Indicators

  • Authorised Capital ₹ 90.00 Cr
  • Paid Up Capital ₹ 77.11 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 135.00 Cr
  • Satisfied Charges ₹ 356.10 Cr
  • Revenue Growth 6598.10%
  • Profit Growth -135.11%
  • Ebitda -0.45%
  • Net Worth -9.84%
  • Total Assets 4.41%

About Maruti Cotex

Maruti Cotex Limited (MCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 March 2006 and has a history of 18 years and ten months. Its registered office is in Mumbai, Maharashtra, 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 90.00 Cr and a paid-up capital of Rs 77.11 Cr.

The company currently has active open charges totaling ₹135.00 Cr. The company has closed loans amounting to ₹356.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maruti Cotex Limited India are Kiran Mehta as CFO and Kaushik Gothwal as Company Secretary. Pradeep Mehta, Rajesh Mehta, and Kiran Mehta 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

    U17115MH2006PLC402957

  • Company No.

    022143

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Mar 2006

  • Date of AGM

    30 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Maruti Cotex?

Executive Team (2)

Name Designation Appointment Date Status
Kiran Mehta CFO 06-Jun-2021 Current
Kaushik Gothwal Company Secretary Current

Board Members (2)

Name Designation Appointment Date Status
Pradeep Mehta Country flag representing In Director 14-Jul-2020 Current
Rajesh Mehta Country flag representing In Director 14-Jul-2020 Current

Financial Performance of Maruti Cotex.

Maruti Cotex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 6598.1% increase. The company also saw a substantial fall in profitability, with a 135.11% decrease in profit. The company's net worth dipped by a decrease of 9.84%.

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
6598.10%
Revenue from Operations
6740.73%
Total Assets
4.41%
Profit or Loss
-135.11%
Net Worth
-9.84%
EBITDA
-0.45%

What is the Ownership and Shareholding Structure of Maruti Cotex?

In 2023, Maruti Cotex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹135.00 Cr

Satisfied Charges

₹356.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 135.00 Cr

Latest Charge Details

Date Lender Amount Status
12 Dec 2023 Others ₹25.00 Cr Open
20 Sep 2023 Others ₹35.00 Cr Open
20 Jun 2023 Others ₹25.00 Cr Open
31 Mar 2022 Others ₹50.00 Cr Open
28 Sep 2011 Jm Financial Asset Reconstruction Company Private Limited ₹62.17 Cr Satisfied

How Many Employees Work at Maruti Cotex?

Unlock and access historical data on people associated with Maruti Cotex, 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 Maruti Cotex, 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 Maruti Cotex'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 Maruti Cotex

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 35.00 Cr registered on 20 Sep 2023 with Charge ID 100811161 was modified on 30 Aug 2024.

    30 Aug 2024

  • Annual General Meeting

    Maruti Cotex Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.

    30 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100837528 was registered on 12 Dec 2023.

    12 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 35.00 Cr with Charge ID 100811161 was registered on 20 Sep 2023.

    20 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100767731 was registered on 20 Jun 2023.

    20 Jun 2023

  • Balance Sheet

    Maruti Cotex Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Maruti Cotex Limited was incorporated on 07 Mar 2006.

  • The authorized share capital of Maruti Cotex Limited is ₹ 90.00 Cr and paid-up capital is ₹ 77.11 Cr.

  • Currently 5 directors are associated with Maruti Cotex Limited.

    • Pradeep Jaswantrai Mehta
    • Rajesh Jaswantrai Mehta
    • Kiran Jaswantrai Mehta
    • Kaushik N Gothwal
    • Kiran Jaswantrai Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maruti Cotex Limited is 107, Sangam Arcade Vallabbhai Patel Road India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of Maruti Cotex Limited is U17115MH2006PLC402957 and the company number is 022143 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maruti Cotex Limited has risen by 6598.10%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maruti Cotex Limited has experienced an downturn of -9.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maruti Cotex Limited amount to ₹ 135.00 Cr.

  • The most recent Balance Sheet for Maruti Cotex Limited was filed with the ROC on 31 Mar 2023.

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