Mehratex India Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 40 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.25 Cr
- Satisfied Charges ₹ 4.50 Cr
- Revenue Growth 21.56%
- Profit Growth -47.79%
- Ebitda -100.21%
- Net Worth 5.70%
- Total Assets 10.15%
About Mehratex India
Mehratex India Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 1984 and has a history of 40 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Mehratex India Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹11.25 Cr. The company has closed loans amounting to ₹4.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Yashpal Mehra, Aditya Mehra, and Pankaj Mehra serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17120MH1984PTC033939
- Company No.
033939
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Sep 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Mehratex India Private Limited offer?
Mehratex India Private Limited offers a wide range of products and services, including Yarn, Air Textured Yarn, Yarns & Threads, Apparel & Textile Machinery, Dyeing Machinery, Threads, Embroidery Threads, Stitching Threads, Melange Yarn, Dyed Fabric.
Who are the key members and board of directors at Mehratex India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Yashpal Mehra  | Managing Director | 04-Nov-1993 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Aditya Mehra | Director | 01-Feb-2020 | Current |
| Pankaj Mehra | Director | 04-Nov-1993 | Current |
Financial Performance of Mehratex India.
Mehratex India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.56% increase. The company also saw a substantial fall in profitability, with a 47.79% decrease in profit. The company's net worth moved up by a moderate rise of 5.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mehratex India?
In 2023, Mehratex India 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)
Mehra Polytex Private LimitedYashpal Mehra, Aditya Mehra and 1 more are mutual person
- Premkutir Private Limited
Yashpal Mehra is a mutual person
Charges (Loans)
₹11.25 Cr
₹4.50 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 11.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2024 | Hdfc Bank Limited | ₹1.25 Cr | Open |
| 14 Mar 2018 | Hdfc Bank Limited | ₹10.00 Cr | Open |
| 08 May 1996 | Industrial Development Bank Of India | ₹3.20 Cr | Satisfied |
| 22 Oct 1993 | Industrial Development Bank Of India | ₹1.30 Cr | Satisfied |
How Many Employees Work at Mehratex India?
Mehratex India has a workforce of 172 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mehratex 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 Mehratex India'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.
