Meera Textiles Private Limited

Manufactures hosiery yarn and exports to USA, Canada, and Europe.

1986 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Meera Textiles Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.90 M
  • Company Age 39 Year,
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 31.78 Cr
  • Satisfied Charges ₹ 31.91 Cr
  • Revenue Growth -18.09%
  • Profit Growth -318.71%
  • Ebitda -181.09%
  • Net Worth -12.27%
  • Total Assets 1.45%

About Meera Textiles

Meera Textiles Private Limited (MTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 1986 and has a history of 39 years. Its registered office is in Coimbatore, Tamil Nadu, 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 1.00 Cr and a paid-up capital of Rs 9.90 M.

The company currently has active open charges totaling ₹31.78 Cr. The company has closed loans amounting to ₹31.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kunnathur Sivakumar and Nagarajan Arthi serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    meeratextiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1986PTC001750

  • Company No.

    001750

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Meera Textiles?

Board Members (2)

NameDesignationAppointment DateStatus
Kunnathur Sivakumar Country flag representing In Director 17-Aug-2015Current
Nagarajan Arthi Country flag representing In Director 15-Feb-2018Current

Financial Performance of Meera Textiles.

Meera Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.09% decrease. The company also saw a substantial fall in profitability, with a 318.71% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.27%.

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
-18.09%
Revenue from Operations
-24.14%
Total Assets
1.45%
Profit or Loss
-318.71%
Net Worth
-12.27%
EBITDA
-181.09%

What is the Ownership and Shareholding Structure of Meera Textiles?

In 2023, Meera Textiles had a promoter holding of 67.93% and a public holding of 32.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹31.78 Cr

Satisfied Charges

₹31.91 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 26.38 Cr
  • Others : 5.40 Cr

Latest Charge Details

DateLenderAmountStatus
17 Oct 2022Others₹4.75 CrOpen
15 Mar 2021Others₹1.50 MOpen
25 Feb 2021Axis Bank Limited₹26.38 CrOpen
10 Aug 2020Others₹5.00 MOpen
16 May 2011Others₹11.98 CrSatisfied

How Many Employees Work at Meera Textiles?

Meera Textiles has a workforce of 127 employees as of Apr 01, 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 Meera Textiles, 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 Meera Textiles'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 Meera Textiles

Recent activity within the organization

  • Annual General Meeting

    Meera Textiles 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 Axis Bank Limited of Rs. 26.38 Cr registered on 25 Feb 2021 with Charge ID 100436749 was modified on 17 Jul 2023.

    17 Jul 2023

  • Charges

    A charge registered on 16 May 2011 via Charge ID 10291578 with Others was fully satisfied on 22 Jun 2023.

    22 Jun 2023

  • Balance Sheet

    Meera Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 4.75 Cr with Charge ID 100660019 was registered on 17 Oct 2022.

    17 Oct 2022

  • Charges

    A charge with Others of Rs. 11.98 Cr registered on 16 May 2011 with Charge ID 10291578 was modified on 29 Apr 2021.

    29 Apr 2021

Frequently asked questions

  • Meera Textiles Private Limited was incorporated on 24 Feb 1986.

  • The authorized share capital of Meera Textiles Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.90 M.

  • Currently 2 directors are associated with Meera Textiles Private Limited.

    • Kunnathur Ponnusamy Sivakumar
    • Nagarajan Arthi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Meera Textiles Private Limited is No.A3 Cendwin Apartment Kaliyappa Nagar 2Nd Street Amarjothi Garden Kangayam R Oad, India, Tirupur, Tamil Nadu, 641604.

  • The corporate identification number (CIN) of Meera Textiles Private Limited is U17111TZ1986PTC001750 and the company number is 001750 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Meera Textiles Private Limited is https://www.meeratextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Meera Textiles Private Limited has fallen by -18.09%.

  • As Per 2023 financial reports, 127 employees are currently employed by Meera Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Meera Textiles Private Limited has experienced an downturn of -12.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Meera Textiles Private Limited amount to ₹ 31.78 Cr.

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

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