Maruti Spintex Private Limited

Textile company specializing in combed/carded yarn production with large manufacturing facility and high capacity.

2010 | Botad, Gujarat (India) | Active
Last Updated: July 18, 2024

Maruti Spintex Profile

Key Indicators

  • Authorised Capital ₹ 18.40 Cr
  • Paid Up Capital ₹ 17.06 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 124.57 Cr
  • Revenue Growth -1.98%
  • Profit Growth -61.14%
  • Ebitda -64.98%
  • Net Worth 9.87%
  • Total Assets -0.81%

About Maruti Spintex

Maruti Spintex Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 August 2010 and has a history of 14 years and six months. Its registered office is in Botad, 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 2023. It's a company limited by shares with an authorized capital of Rs 18.40 Cr and a paid-up capital of Rs 17.06 Cr.

The company currently has active open charges totaling ₹124.57 Cr.

The Key Managerial Personnel (KMP) at Maruti Spintex Private Limited India are Bhuvnesh Kumar as COMPANY SECRETARY and Bhuvnesh as Company Secretary. Alpeshbhai Kanetia, Narayanbhai Kanetiya, Dhirubhai Kanetiya, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17111GJ2010PTC062132

  • Company No.

    062132

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Aug 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Maruti Spintex Private Limited offer?

Maruti Spintex Private Limited offers a wide range of products and services, including PET Granules & Plastic Raw Material, Plastic Polymers, Fast Food & Beverages Machinery, Beverage Making Plant, Filling Machines & Plants, Filling Machines, Casting, Moulding & Forging Machines, Molding Machines, Gas Cylinders and Accessories, Gas Cylinders.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Narayanbhai Kanetiya Country flag representing In Managing Director27-Aug-2010Current
Bhuvnesh Kumar Company Secretary21-Jul-2020Current
Bhuvnesh Company Secretary21-Jul-2020Current

Board Members (5)

NameDesignationAppointment DateStatus
Alpeshbhai Kanetia Country flag representing In Whole-Time Director 27-Aug-2010Current
Dhirubhai Kanetiya Country flag representing In Whole-Time Director 27-Aug-2010Current
Maheshbhai Kanetia Country flag representing In Whole-Time Director 02-Aug-2013Current
Pareshkumar Kanetiya Country flag representing In Whole-Time Director 02-Aug-2013Current
Prabhubhai Kanetiya Country flag representing In Whole-Time Director 02-Aug-2013Current

Financial Performance of Maruti Spintex.

Maruti Spintex Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.98% decrease. The company also saw a substantial fall in profitability, with a 61.14% decrease in profit. The company's net worth moved up by a moderate rise of 9.87%.

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
-1.98%
Revenue from Operations
-2.79%
Total Assets
-0.81%
Profit or Loss
-61.14%
Net Worth
9.87%
EBITDA
-64.98%

What is the Ownership and Shareholding Structure of Maruti Spintex?

In 2023, Maruti Spintex had a promoter holding of 55.11% and a public holding of 44.89%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124.57 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 82.85 Cr
  • Hdfc Bank Limited : 41.72 Cr

Latest Charge Details

DateLenderAmountStatus
28 Aug 2023Hdfc Bank Limited₹19.95 CrOpen
16 Nov 2022Hdfc Bank Limited₹21.77 CrOpen
09 Jan 2015Indian Bank₹82.85 CrOpen

How Many Employees Work at Maruti Spintex?

Maruti Spintex has a workforce of 20 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maruti Spintex, 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 Spintex'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 Spintex

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 21.77 Cr registered on 16 Nov 2022 with Charge ID 100642630 was modified on 27 Oct 2023.

    27 Oct 2023

  • Annual General Meeting

    Maruti Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 19.95 Cr with Charge ID 100798543 was registered on 28 Aug 2023.

    28 Aug 2023

  • Balance Sheet

    Maruti Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 21.77 Cr with Charge ID 100642630 was registered on 16 Nov 2022.

    16 Nov 2022

  • Charges

    A charge with Indian Bank of Rs. 82.85 Cr registered on 09 Jan 2015 with Charge ID 10549824 was modified on 28 Jun 2022.

    28 Jun 2022

Frequently asked questions

  • Maruti Spintex Private Limited was incorporated on 27 Aug 2010.

  • The authorized share capital of Maruti Spintex Private Limited is ₹ 18.40 Cr and paid-up capital is ₹ 17.06 Cr.

  • Currently 8 directors are associated with Maruti Spintex Private Limited.

    • Alpeshbhai Naranbhai Kanetia
    • Narayanbhai Ambarambhai Kanetiya
    • Dhirubhai Naranbhai Kanetiya
    • Maheshbhai Prabhubhai Kanetia
    • Pareshkumar Prabhubhai Kanetiya
    • Prabhubhai Ambarambhai Kanetiya
    • Bhuvnesh Kumar
    • Bhuvnesh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maruti Spintex Private Limited is Survey No. 436/1/1 Bhadravadi Road Bhadravadi Tal. Botad, Gujarat, India, 364710.

  • The corporate identification number (CIN) of Maruti Spintex Private Limited is U17111GJ2010PTC062132 and the company number is 062132 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maruti Spintex Private Limited is https://www.maruti-spintex-pvt-ltd.business.site

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maruti Spintex Private Limited has fallen by -1.98%.

  • As Per 2023 financial reports, 20 employees are currently employed by Maruti Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maruti Spintex Private Limited has experienced an upsurge of 9.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maruti Spintex Private Limited amount to ₹ 124.57 Cr.

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

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