Mg Cotton Company Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
as on 24-10-2024
- Paid Up Capital ₹ 1.25 Cr
as on 24-10-2024
- Company Age 26 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 5.84 Cr
as on 24-10-2024
- Satisfied Charges ₹ 2.28 M
as on 24-10-2024
- Revenue 7.59%
(FY 2023)
- Profit 66.35%
(FY 2023)
- Ebitda 53.74%
(FY 2023)
- Net Worth -4.64%
(FY 2023)
- Total Assets -2.56%
(FY 2023)
About Mg Cotton Company
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 1.25 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹5.84 Cr. The company has closed loans amounting to ₹2.28 M, as per Ministry of Corporate Affairs (MCA) records.
Ragupathy, Sumathy Ragupathy, Mazzucchelli Massimo, and One other member serve as directors at the Company.
- CIN/LLPIN
U17111TZ1998PTC009878
- Company No.
009878
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Jul 1998
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Mg Cotton Company Private Limited offer?
Mg Cotton Company Private Limited offers a wide range of products and services, including Ladies Wear, Women Clothes, Ladies Dresses, Apparels & Clothings, Ladies T-Shirts, Ladies Lower, Men Shirts, Jeans & Clothing, Men Lower.
Who are the key members and board of directors at Mg Cotton Company?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Montonati Vittorio  | Director | 25-Oct-2002 | Current |
| Mazzucchelli Massimo | Director | 15-Jul-1998 | Current |
Ragupathy  | Director | 29-Jan-1999 | Current |
| Sumathy Ragupathy | Director | 03-Oct-2000 | Current |
Financial Performance of Mg Cotton Company.
Mg Cotton Company Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.59% increase. The company also saw a substantial improvement in profitability, with a 66.35% increase in profit. The company's net worth dipped by a decrease of 4.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mg Cotton Company?
In 2023, Mg Cotton Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 16 Feb 2007 | ₹5.84 Cr | Open |
Small Indutries Development Bank Of India Creation Date: 27 Aug 2004 | ₹2.28 M | Satisfied |
How Many Employees Work at Mg Cotton Company?
Mg Cotton Company has a workforce of 85 employees as of Mar 31, 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 Mg Cotton Company, 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 Mg Cotton Company'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.
