Mehala Carona Textiles Private Limited

Manufactures hosiery yarn as part of Mehala Group in Tamil Nadu.

1994 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Mehala Carona Textiles Profile

Key Indicators

  • Authorised Capital ₹ 29.75 Cr
  • Paid Up Capital ₹ 28.25 Cr
  • Company Age 31 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 203.72 Cr
  • Revenue Growth -25.08%
  • Profit Growth -195.61%
  • Ebitda 3.24%
  • Net Worth -25.06%
  • Total Assets -2.53%

About Mehala Carona Textiles

Mehala Carona Textiles Private Limited (MCTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 January 1994 and has a history of 31 years and one month. 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 29.75 Cr and a paid-up capital of Rs 28.25 Cr.

The company has closed loans amounting to ₹203.72 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kaliannan Karthikeyan and Chinna Subramaniam serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1994PTC004780

  • Company No.

    004780

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 1994

  • Date of AGM

    29 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

What products or services does Mehala Carona Textiles Private Limited offer?

Mehala Carona Textiles Private Limited offers a wide range of products and services, including T Shirts, Half Sleeves T-Shirt, Men T-Shirts, Half sleeves Men T-Shirt, Kids Wear, Kids T-Shirt, Kids Printed T-Shirts, Kids Round Neck T Shirt, Cotton Men T-Shirt, Round Neck T Shirt.

Company report

Mehala Carona Textiles Private Limited

Explore comprehensive data for Mehala Carona Textiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Chinna Subramaniam Country flag representing In Managing Director13-Jan-1994Current

Board Members (1)

NameDesignationAppointment DateStatus
Kaliannan Karthikeyan Country flag representing In Director 30-Mar-2012Current

Financial Performance of Mehala Carona Textiles.

Mehala Carona Textiles Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 25.08% decrease. The company also saw a substantial fall in profitability, with a 195.61% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.06%.

Mehala Carona Textiles revenue growth over time
Mehala Carona Textiles 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
-25.08%
Revenue from Operations
-25.10%
Total Assets
-2.53%
Profit or Loss
-195.61%
Net Worth
-25.06%
EBITDA
3.24%

What is the Ownership and Shareholding Structure of Mehala Carona Textiles?

In 2021, Mehala Carona Textiles had a promoter holding of 100.00%. 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

₹0

Satisfied Charges

₹203.72 Cr

Charges Breakdown by Lending Institutions

  • Ing Vysya Bank Limited : 124.69 Cr
  • Idbi Bank Limited : 31.14 Cr
  • State Bank Of India : 21.46 Cr
  • State Bank Of Treavancore : 15.18 Cr
  • State Bank Of Travancore : 10.00 Cr
  • Others : 1.25 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2013Ing Vysya Bank Limited₹30.58 CrSatisfied
24 Feb 2011Ing Vysya Bank Limited₹67.22 CrSatisfied
18 Sep 2008Idbi Bank Limited₹31.14 CrSatisfied
07 Jan 2008State Bank Of Travancore₹10.00 CrSatisfied
01 Dec 2004State Bank Of Treavancore₹15.18 CrSatisfied

How Many Employees Work at Mehala Carona Textiles?

Mehala Carona Textiles has a workforce of 155 employees as of Apr 07, 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.

Employee growth trends for Mehala Carona Textiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mehala Carona 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 Mehala Carona 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 Mehala Carona Textiles

Recent activity within the organization

  • Annual General Meeting

    Mehala Carona Textiles Private Limited last Annual general meeting of members was held on 29 Dec 2023 as per latest MCA records.

  • Charges

    A charge registered on 25 Mar 2013 via Charge ID 10427352 with Ing Vysya Bank Limited was fully satisfied on 13 Dec 2023.

  • Charges

    A charge registered on 24 Feb 2011 via Charge ID 10277616 with Ing Vysya Bank Limited was fully satisfied on 13 Dec 2023.

  • Balance Sheet

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

  • Charges

    A charge registered on 01 Dec 2004 via Charge ID 90004512 with State Bank Of Treavancore was fully satisfied on 20 Jul 2021.

  • Charges

    A charge registered on 29 Jul 2004 via Charge ID 90004406 with State Bank Of India was fully satisfied on 20 Jul 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Mehala Carona Textiles Private Limited?

    Mehala Carona Textiles Private Limited was incorporated on 13 Jan 1994.

  • What is authorized share capital and paid-up capital of Mehala Carona Textiles Private Limited?

    The authorized share capital of Mehala Carona Textiles Private Limited is ₹ 29.75 Cr and paid-up capital is ₹ 28.25 Cr.

  • Who are the current board members & directors of Mehala Carona Textiles Private Limited?

    Currently 2 directors are associated with Mehala Carona Textiles Private Limited.

    • Kaliannan Karthikeyan
    • Chinna Gounder Subramaniam
  • What is the registered address of Mehala Carona Textiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mehala Carona Textiles Private Limited is 36 Harvey Road Tirupur India, Coimbatore Dist, Tamil Nadu, 641602.

  • What is the corporate identification number (CIN) and company number of Mehala Carona Textiles Private Limited?

    The corporate identification number (CIN) of Mehala Carona Textiles Private Limited is U17111TZ1994PTC004780 and the company number is 004780 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mehala Carona Textiles Private Limited?

    The Official website of Mehala Carona Textiles Private Limited is https://www.mehala.com

  • What has been the recent revenue trend for Mehala Carona Textiles Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Mehala Carona Textiles Private Limited has fallen by -25.08%.

  • How many employees does Mehala Carona Textiles Private Limited currently have?

    As Per 2021 financial reports, 155 employees are currently employed by Mehala Carona Textiles Private Limited.

  • What change has been observed in the net worth of Mehala Carona Textiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Mehala Carona Textiles Private Limited has experienced an downturn of -25.06%.

  • When was the last Balance Sheet of Mehala Carona Textiles Private Limited filed with the ROC?

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

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