Meenakshi India Limited

Produces high-quality garments for top European brands, also trades textiles and grows coffee, pepper, and cardamom.

1987 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 14, 2024

Meenakshi India Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.75 Cr
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 51.12 Cr
  • Satisfied Charges ₹ 90.28 Cr
  • Revenue Growth 52.97%
  • Profit Growth 186.95%
  • Ebitda 231.40%
  • Net Worth 60.31%
  • Total Assets 32.56%

About Meenakshi India

Meenakshi India Limited (MIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 July 1987 and has a history of 37 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Agriculture 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 5.00 Cr and a paid-up capital of Rs 3.75 Cr.

The company currently has active open charges totaling ₹51.12 Cr. The company has closed loans amounting to ₹90.28 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Meenakshi India Limited India are Amit Bihani as CFO and Kanchan Rathi as Company Secretary. Ashutosh Goenka, Shubhang Goenka, Geeta Thakur, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L74300TN1987PLC014678

  • Company No.

    014678

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Jul 1987

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Agriculture
Home & Lifestyle
Manufacturing

Who are the key members and board of directors at Meenakshi India?

Executive Team (3)

Name Designation Appointment Date Status
Ashutosh Goenka Country flag representing In Managing Director 01-Apr-2006 Current
Amit Bihani CFO 14-Aug-2020 Current
Kanchan Rathi Company Secretary 30-Sep-2022 Current

Board Members (4)

Name Designation Appointment Date Status
Shubhang Goenka Country flag representing In Whole-Time Director 01-Oct-2018 Current
Geeta Thakur Country flag representing In Director 29-Mar-2024 Current
Hemal Shah Country flag representing In Director 25-Mar-2019 Current
Rajesh Bhandari Country flag representing In Director 30-Sep-2022 Current

Financial Performance of Meenakshi India.

Meenakshi India Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 52.97% increase. The company also saw a substantial improvement in profitability, with a 186.95% increase in profit. The company's net worth Soared by an impressive increase of 60.31%.

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
52.97%
Revenue from Operations
55.58%
Total Assets
32.56%
Profit or Loss
186.95%
Net Worth
60.31%
EBITDA
231.40%

What is the Ownership and Shareholding Structure of Meenakshi India?

In 2022, Meenakshi India had a promoter holding of 71.22% and a public holding of 28.78%. 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

₹51.12 Cr

Satisfied Charges

₹90.28 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 49.95 Cr
  • Sidbi : 1.17 Cr

Latest Charge Details

Date Lender Amount Status
21 Aug 2023 Hdfc Bank Limited ₹8.00 Cr Open
19 Jan 2023 Sidbi ₹1.17 Cr Open
18 Jan 2023 Hdfc Bank Limited ₹1.20 Cr Open
29 Oct 2022 Hdfc Bank Limited ₹40.75 Cr Open
18 Mar 2020 Canara Bank ₹4.94 M Satisfied

How Many Employees Work at Meenakshi India?

Meenakshi India has a workforce of 984 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 Meenakshi India, 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 Meenakshi India'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 Meenakshi India

Recent activity within the organization

  • Annual General Meeting

    Meenakshi India Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Meenakshi India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Geeta Thakur was appointed as a Director was appointed as a Director on 29 Mar 2024 & has been associated with this company since 10 months 4 days .

    29 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.75 Cr registered on 29 Oct 2022 with Charge ID 100624271 was modified on 28 Oct 2023.

    28 Oct 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.00 Cr with Charge ID 100779376 was registered on 21 Aug 2023.

    21 Aug 2023

  • Charges

    A charge registered on 17 Feb 2006 via Charge ID 80033911 with Canara Bank was fully satisfied on 13 Jul 2023.

    13 Jul 2023

Frequently asked questions

  • Meenakshi India Limited was incorporated on 16 Jul 1987.

  • The authorized share capital of Meenakshi India Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.75 Cr.

  • Currently 7 directors are associated with Meenakshi India Limited.

    • Ashutosh Goenka
    • Shubhang Goenka
    • Geeta Thakur
    • Hemal Kiran Shah
    • Rajesh Bhandari
    • Amit Bihani
    • Kanchan Rathi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meenakshi India Limited is 16 Whites Rd Iv Floor Royapettah, India, Chennai, Tamil Nadu, 600014.

  • The corporate identification number (CIN) of Meenakshi India Limited is L74300TN1987PLC014678 and the company number is 014678 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Meenakshi India Limited is https://www.milgroup.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for Meenakshi India Limited has risen by 52.97%.

  • As Per 2022 financial reports, 984 employees are currently employed by Meenakshi India Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Meenakshi India Limited has experienced an upsurge of 60.31%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Meenakshi India Limited amount to ₹ 51.12 Cr.

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

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