Mehala Carona Textiles Profile
Key Indicators
- Authorised Capital ₹ 29.75 Cr
- Paid Up Capital ₹ 28.25 Cr
- Company Age 31 Year, 19 Days
- 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. 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
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Location
Coimbatore, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17111TZ1994PTC004780
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Company No.
004780
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
13 Jan 1994
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Date of AGM
29 Dec 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
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.
Who are the key members and board of directors at Mehala Carona Textiles?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chinna Subramaniam
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Managing Director | 13-Jan-1994 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Kaliannan Karthikeyan
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Director | 30-Mar-2012 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Mehala Castings And Components Private LimitedKaliannan Karthikeyan is a mutual person
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Mc Spinnings Private Limited
Chinna Subramaniam is a mutual person
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Cotton Sourcing Company Limited
Chinna Subramaniam is a mutual person
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Mehala Technologies India Private Limited
Chinna Subramaniam is a mutual person
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Orbito Asia Mechatronics Private Limited
Chinna Subramaniam is a mutual person
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Dharani Textiles Private Limited
Chinna Subramaniam is a mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2013 | Ing Vysya Bank Limited | ₹30.58 Cr | Satisfied |
| 24 Feb 2011 | Ing Vysya Bank Limited | ₹67.22 Cr | Satisfied |
| 18 Sep 2008 | Idbi Bank Limited | ₹31.14 Cr | Satisfied |
| 07 Jan 2008 | State Bank Of Travancore | ₹10.00 Cr | Satisfied |
| 01 Dec 2004 | State Bank Of Treavancore | ₹15.18 Cr | Satisfied |
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.
Deals i
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
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
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.
