Mehers Handloom Private Limited

Textile trading and manufacturing of hand-loom fabrics, mill fabrics, shirting, suiting, and garments.

2000 | Sonapur, Odisha (India) | Active
Last Updated: November 17, 2024

Mehers Handloom Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.18 M
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.81 Cr
  • Satisfied Charges ₹ 1.60 Cr
  • Revenue Growth 38.67%
  • Profit Growth 17.18%
  • Ebitda 8.37%
  • Net Worth 14.88%
  • Total Assets -0.96%

About Mehers Handloom

Mehers Handloom Private Limited (MHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 April 2000 and has a history of 24 years and ten months. Its registered office is in Sonapur, Odisha, India.

The Company is engaged in the Home & Lifestyle 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 2.50 M and a paid-up capital of Rs 2.18 M.

The company currently has active open charges totaling ₹5.81 Cr. The company has closed loans amounting to ₹1.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Madhusmita Meher, Abhilash Meher, and Sankar Meher serve as directors at the Company.

Company Details

  • Location

    Sonapur, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    mehersonline.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51311OR2000PTC006189

  • Company No.

    006189

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Apr 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Home & Lifestyle
Fashion and Textile

Who are the key members and board of directors at Mehers Handloom?

Board Members (3)

NameDesignationAppointment DateStatus
Madhusmita Meher Country flag representing In Director 30-Jan-2019Current
Abhilash Meher Country flag representing In Director 09-May-2019Current
Sankar Meher Country flag representing In Director 24-Apr-2000Current

Financial Performance of Mehers Handloom.

Mehers Handloom Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.67% increase. The company also saw a substantial improvement in profitability, with a 17.18% increase in profit. The company's net worth Soared by an impressive increase of 14.88%.

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
38.67%
Revenue from Operations
38.69%
Total Assets
-0.96%
Profit or Loss
17.18%
Net Worth
14.88%
EBITDA
8.37%

What is the Ownership and Shareholding Structure of Mehers Handloom?

In 2023, Mehers Handloom had a promoter holding of 73.05% and a public holding of 26.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹58.08 M

Satisfied Charges

₹16.00 M

Charges Breakdown by Lending Institutions

  • Others : 3.76 Cr
  • State Bank Of India : 1.85 Cr
  • Hdfc Bank Limited : 0.13 Cr
  • State Bank Of India Smeccc : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2021Hdfc Bank Limited₹1.31 MOpen
31 May 2019Others₹3.76 CrOpen
04 Jun 2009State Bank Of India Smeccc₹0.70 MOpen
08 Feb 2008State Bank Of India₹1.50 CrOpen
29 Sep 2000State Bank Of India₹3.50 MOpen

How Many Employees Work at Mehers Handloom?

Mehers Handloom has a workforce of 39 employees as of Apr 10, 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 Mehers Handloom, 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 Mehers Handloom'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 Mehers Handloom

Recent activity within the organization

  • Annual General Meeting

    Mehers Handloom Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mehers Handloom Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.31 M with Charge ID 100439454 was registered on 28 Feb 2021.

    28 Feb 2021

  • Charges

    A charge registered on 19 Nov 2015 via Charge ID 10607817 with Oriental Bank Of Commerce was fully satisfied on 21 Jan 2021.

    21 Jan 2021

  • Charges

    A charge with Others amounted to Rs. 37.57 M with Charge ID 100265347 was registered on 31 May 2019.

    31 May 2019

  • Director Appointment

    Abhilash Meher was appointed as a Director was appointed as a Director on 09 May 2019 & has been associated with this company since 5 years 9 months .

    09 May 2019

Frequently asked questions

  • Mehers Handloom Private Limited was incorporated on 24 Apr 2000.

  • The authorized share capital of Mehers Handloom Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.18 M.

  • Currently 3 directors are associated with Mehers Handloom Private Limited.

    • Madhusmita Meher
    • Abhilash Meher
    • Sankar Kumar Meher
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mehers Handloom Private Limited is At: Bada Bazar, India, Sonepur, Orissa, 767017.

  • The corporate identification number (CIN) of Mehers Handloom Private Limited is U51311OR2000PTC006189 and the company number is 006189 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mehers Handloom Private Limited is https://www.mehersonline.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mehers Handloom Private Limited has risen by 38.67%.

  • As Per 2023 financial reports, 39 employees are currently employed by Mehers Handloom Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mehers Handloom Private Limited has experienced an upsurge of 14.88%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mehers Handloom Private Limited amount to ₹ 5.81 Cr.

  • The most recent Balance Sheet for Mehers Handloom Private Limited was filed with the ROC on 31 Mar 2024.

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