Mehratex India Private Limited

This company manufactures polyester yarn and other textile materials, with a factory in Silvassa.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated:

Mehratex India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 40 Year, 6 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 six 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

Manufacturing

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)

NameDesignationAppointment DateStatus
Yashpal Mehra Country flag representing In Managing Director04-Nov-1993Current

Board Members (2)

NameDesignationAppointment DateStatus
Aditya Mehra Country flag representing In Director 01-Feb-2020Current
Pankaj Mehra Country flag representing In Director 04-Nov-1993Current

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%.

Mehratex India revenue growth over time
Mehratex India 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
21.56%
Revenue from Operations
37.36%
Total Assets
10.15%
Profit or Loss
-47.79%
Net Worth
5.70%
EBITDA
-100.21%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.25 Cr

Satisfied Charges

₹4.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 11.25 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2024Hdfc Bank Limited₹1.25 CrOpen
14 Mar 2018Hdfc Bank Limited₹10.00 CrOpen
08 May 1996Industrial Development Bank Of India₹3.20 CrSatisfied
22 Oct 1993Industrial Development Bank Of India₹1.30 CrSatisfied

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.

Employee growth trends for Mehratex India Private Limited

Deals i

Graph showing company valuation over time

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

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 Mehratex India

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Mehratex India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.25 Cr with Charge ID 100886491 was registered on 06 Feb 2024.

  • Charges

    A charge registered on 08 May 1996 via Charge ID 90163364 with Industrial Development Bank Of India was fully satisfied on 01 Feb 2022.

  • Charges

    A charge registered on 22 Oct 1993 via Charge ID 90162800 with Industrial Development Bank Of India was fully satisfied on 01 Feb 2022.

  • Director Appointment

    Aditya Pankaj Mehra was appointed as a Director was appointed as a Director on 01 Feb 2020 & has been associated with this company since 5 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Mehratex India Private Limited?

    Mehratex India Private Limited was incorporated on 05 Sep 1984.

  • What is authorized share capital and paid-up capital of Mehratex India Private Limited?

    The authorized share capital of Mehratex India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Mehratex India Private Limited?

    Currently 3 directors are associated with Mehratex India Private Limited.

    • Yashpal Omprakash Mehra
    • Aditya Pankaj Mehra
    • Pankaj Yashpal Mehra

  • What is the registered address of Mehratex India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mehratex India Private Limited is 602 6Th Floor Plot No. 206 Dalamal House, Jamnalal Bajaj Marg India, Nariman Point, Maharashtra, 400021.

  • What is the corporate identification number (CIN) and company number of Mehratex India Private Limited?

    The corporate identification number (CIN) of Mehratex India Private Limited is U17120MH1984PTC033939 and the company number is 033939 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mehratex India Private Limited?

    The Official website of Mehratex India Private Limited is https://www.mehratex.com

  • What has been the recent revenue trend for Mehratex India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Mehratex India Private Limited has risen by 21.56%.

  • How many employees does Mehratex India Private Limited currently have?

    As Per 2023 financial reports, 172 employees are currently employed by Mehratex India Private Limited.

  • What change has been observed in the net worth of Mehratex India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Mehratex India Private Limited has experienced an upsurge of 5.70%.

  • What are the total open charges for Mehratex India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mehratex India Private Limited amount to ₹ 11.25 Cr.

  • When was the last Balance Sheet of Mehratex India Private Limited filed with the ROC?

    The most recent Balance Sheet for Mehratex India Private Limited was filed with the ROC on 31 Mar 2024.

People also Viewed

Similar Companies Based on Textile & Fabric Production