Masterspin Export Limited
Textile company specializing in exporting various types of cloth and garments.
1994 | Solapur, Maharashtra (India) | Active
Masterspin Export Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 31 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.00 Cr
- Revenue Growth %
- Profit Growth 99.28%
- Ebitda 2.40%
- Net Worth -1.92%
- Total Assets -22.71%
About Masterspin Export
Masterspin Export Limited (MEL) is a Public Limited Indian Non-Government Company incorporated in India on 07 February 1994 and has a history of 31 years and two months. Its registered office is in Solapur, Maharashtra, India.
The Company is engaged in the Home & Lifestyle 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹3.00 Cr.
Nisant Daga, Mitesh Daga, and Neetadevi Jaju serve as directors at the Company.
Company Details
- Location
Solapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51491PN1994PLC076452
- Company No.
076452
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Feb 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Home & Lifestyle
Masterspin Export Limited
Explore comprehensive data for Masterspin Export Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Masterspin Export?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nisant Daga  | Director | 27-Aug-2004 | Current |
| Mitesh Daga | Director | 27-Aug-2004 | Current |
| Neetadevi Jaju | Director | 07-Feb-1994 | Current |
Financial Performance of Masterspin Export.
Masterspin Export Limited, for the financial year ended 2020, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 99.28% increase in profit. The company's net worth dipped by a decrease of 1.92%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Masterspin Export?
In 2020, Masterspin Export had a promoter holding of 80.00% and a public holding of 20.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Niwas Spinning Mills Limited
Mitesh Daga is a mutual person
- Niwas Vitta Viniyog Private Limited
Neetadevi Jaju is a mutual person
Charges (Loans)
Open Charges
₹30.00 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Samarth Sahakari Bank Limited Solapur : 3.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2011 | Samarth Sahakari Bank Limited Solapur | ₹3.00 Cr | Open |
How Many Employees Work at Masterspin Export?
Unlock and access historical data on people associated with Masterspin Export, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Masterspin Export, 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 Masterspin Export'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.
Latest Updates, News, and FAQs on Masterspin Export
Recent activity within the organization
- Annual General Meeting
Masterspin Export Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Masterspin Export Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Samarth Sahakari Bank Limited Solapur of Rs. 30.00 M registered on 21 May 2011 with Charge ID 10290197 was modified on 11 Sep 2015.
- Charges
A charge with Samarth Sahakari Bank Limited Solapur amounted to Rs. 30.00 M with Charge ID 10290197 was registered on 21 May 2011.
- Director Appointment
Nisant Ramkisan Daga was appointed as a Director was appointed as a Director on 27 Aug 2004 & has been associated with this company since 20 years 7 months .
- Director Appointment
Mitesh Ramkisan Daga was appointed as a Director was appointed as a Director on 27 Aug 2004 & has been associated with this company since 20 years 7 months .
Frequently asked questions
What is the Incorporation or founding date of Masterspin Export Limited?
Masterspin Export Limited was incorporated on 07 Feb 1994.
What is authorized share capital and paid-up capital of Masterspin Export Limited?
The authorized share capital of Masterspin Export Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Masterspin Export Limited?
Currently 3 directors are associated with Masterspin Export Limited.
- Nisant Ramkisan Daga
- Mitesh Ramkisan Daga
- Neetadevi Vijaykumar Jaju
What is the registered address of Masterspin Export Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Masterspin Export Limited is 406-A Karwa Plaza West Mangalwar Peth India, Solapur, Maharashtra, 413002.
What is the corporate identification number (CIN) and company number of Masterspin Export Limited?
The corporate identification number (CIN) of Masterspin Export Limited is U51491PN1994PLC076452 and the company number is 076452 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Masterspin Export Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Masterspin Export Limited has experienced an downturn of -1.92%.
What are the total open charges for Masterspin Export Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Masterspin Export Limited amount to ₹ 3.00 Cr.
When was the last Balance Sheet of Masterspin Export Limited filed with the ROC?
The most recent Balance Sheet for Masterspin Export Limited was filed with the ROC on 31 Mar 2024.
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