Masterspin Export Limited

Textile company specializing in exporting various types of cloth and garments.

1994 | Solapur, Maharashtra (India) | Active
Last Updated: December 28, 2024

Masterspin Export Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 31 Year, 13 Days
  • 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. 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

Who are the key members and board of directors at Masterspin Export?

Board Members (3)

NameDesignationAppointment DateStatus
Nisant Daga Country flag representing In Director 27-Aug-2004Current
Mitesh Daga Country flag representing In Director 27-Aug-2004Current
Neetadevi Jaju Country flag representing In Director 07-Feb-1994Current

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%.

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
Revenue from Operations
Total Assets
-22.71%
Profit or Loss
99.28%
Net Worth
-1.92%
EBITDA
2.40%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
21 May 2011Samarth Sahakari Bank Limited Solapur₹3.00 CrOpen

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    30 Sep 2024

  • Balance Sheet

    Masterspin Export Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

    31 Mar 2024

  • 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.

    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.

    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 5 months .

    27 Aug 2004

  • 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 5 months .

    27 Aug 2004

Frequently asked questions

  • Masterspin Export Limited was incorporated on 07 Feb 1994.

  • The authorized share capital of Masterspin Export Limited is ₹ 0.50 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Masterspin Export Limited.

    • Nisant Ramkisan Daga
    • Mitesh Ramkisan Daga
    • Neetadevi Vijaykumar Jaju
  • 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.

  • The corporate identification number (CIN) of Masterspin Export Limited is U51491PN1994PLC076452 and the company number is 076452 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2020 indicates that The net worth of Masterspin Export Limited has experienced an downturn of -1.92%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Masterspin Export Limited amount to ₹ 3.00 Cr.

  • The most recent Balance Sheet for Masterspin Export Limited was filed with the ROC on 31 Mar 2024.