M.B. Sarees Private Limited

Sells sarees, including brocade's, summer silk, and handloom khadi, since 1993 in Uttar Pradesh.

1993 | Varanasi, Uttar Pradesh (India) | Active
Last Updated: December 23, 2024

M.B. Sarees Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.49 Cr
  • Company Age 31 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.01 Cr
  • Revenue Growth 31.19%
  • Profit Growth 25.45%
  • Ebitda 10950.27%
  • Net Worth 2.63%
  • Total Assets -1.74%

About M.B. Sarees

M.B. Sarees Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 October 1993 and has a history of 31 years and three months. Its registered office is in Varanasi, Uttar Pradesh, India.

The Company is engaged in the Fashion And Textile 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 4.00 Cr and a paid-up capital of Rs 2.49 Cr.

The company currently has active open charges totaling ₹3.01 Cr.

Nilesh Agarwal, Manju Agrawal, and Sanjeev Agrawal serve as directors at the Company.

Company Details

  • Location

    Varanasi, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17112UP1993PTC015826

  • Company No.

    015826

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Oct 1993

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Fashion and Textile

What products or services does M.B. Sarees Private Limited offer?

M.B. Sarees Private Limited offers a wide range of products and services, including Net & Mesh Fabric, Net Fabrics, Other Textile Fabrics, Handloom Fabrics, Silk Textile, Silk Fabrics.

Who are the key members and board of directors at M.B. Sarees?

Board Members (3)

Name Designation Appointment Date Status
Nilesh Agarwal Country flag representing In Director 30-Mar-2016 Current
Manju Agrawal Country flag representing In Director 15-Oct-1993 Current
Sanjeev Agrawal Country flag representing In Director 15-Oct-1994 Current

Financial Performance of M.B. Sarees.

M.B. Sarees Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.19% increase. The company also saw a substantial improvement in profitability, with a 25.45% increase in profit. The company's net worth moved up by a moderate rise of 2.63%.

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
31.19%
Revenue from Operations
30.85%
Total Assets
-1.74%
Profit or Loss
25.45%
Net Worth
2.63%
EBITDA
10950.27%

What is the Ownership and Shareholding Structure of M.B. Sarees?

Unlock access to M.B. Sarees's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.01 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.01 Cr

Latest Charge Details

Date Lender Amount Status
24 Jan 2022 Hdfc Bank Limited ₹2.50 Cr Open
06 Oct 2021 Hdfc Bank Limited ₹5.14 M Open

How Many Employees Work at M.B. Sarees?

M.B. Sarees has a workforce of 19 employees as of Apr 08, 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 M.B. Sarees, 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 M.B. Sarees'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 M.B. Sarees

Recent activity within the organization

  • Annual General Meeting

    M.B. Sarees Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    M.B. Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.50 Cr with Charge ID 100556923 was registered on 24 Jan 2022.

    24 Jan 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.51 Cr with Charge ID 100536090 was registered on 06 Oct 2021.

    06 Oct 2021

  • Director Appointment

    Nilesh Agarwal was appointed as a Director was appointed as a Director on 30 Mar 2016 & has been associated with this company since 8 years 10 months .

    30 Mar 2016

  • Director Appointment

    Sanjeev Kumar Agrawal was appointed as a Director was appointed as a Director on 15 Oct 1994 & has been associated with this company since 30 years 3 months .

    15 Oct 1994

Frequently asked questions

  • M.B. Sarees Private Limited was incorporated on 15 Oct 1993.

  • The authorized share capital of M.B. Sarees Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.49 Cr.

  • Currently 3 directors are associated with M.B. Sarees Private Limited.

    • Nilesh Agarwal
    • Manju Agrawal
    • Sanjeev Kumar Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of M.B. Sarees Private Limited is Ck-13/3 (1-K) Katara Anup Sarrof Kunj Gali Varanasi India, Uttar Pradesh, 221001.

  • The corporate identification number (CIN) of M.B. Sarees Private Limited is U17112UP1993PTC015826 and the company number is 015826 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for M.B. Sarees Private Limited has risen by 31.19%.

  • As Per 2023 financial reports, 19 employees are currently employed by M.B. Sarees Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of M.B. Sarees Private Limited has experienced an upsurge of 2.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for M.B. Sarees Private Limited amount to ₹ 3.01 Cr.

  • The most recent Balance Sheet for M.B. Sarees Private Limited was filed with the ROC on 31 Mar 2024.

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