Mg Tex Fab Private Limited
Manufacturer of cotton and polyester gray fabrics, operating from Surat with 92 waterjet looms.
2007 | Surat, Gujarat (India) | Active
Mg Tex Fab Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 2.80 M
- Company Age 17 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 23.39 Cr
- Revenue Growth -67.05%
- Profit Growth 118.95%
- Ebitda -370.32%
- Net Worth 2.53%
- Total Assets 0.84%
About Mg Tex Fab
Mg Tex Fab Private Limited (MTFPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 2007 and has a history of 17 years and six months. Its registered office is in Surat, Gujarat, 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 2024. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 2.80 M.
The company has closed loans amounting to ₹23.39 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Subhash Patodia and Vipin Patodia serve as directors at the Company.
Company Details
- Location
Surat, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17122GJ2007PTC052054
- Company No.
052054
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Oct 2007
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Mg Tex Fab Private Limited
Explore comprehensive data for Mg Tex Fab Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Mg Tex Fab?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Subhash Patodia  | Director | 25-Oct-2007 | Current |
| Vipin Patodia | Director | 14-Apr-2023 | Current |
Financial Performance of Mg Tex Fab.
Mg Tex Fab Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 67.05% decrease. The company also saw a substantial improvement in profitability, with a 118.95% increase in profit. The company's net worth moved up by a moderate rise of 2.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Mg Tex Fab?
In 2022, Mg Tex Fab had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹233.90 M
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 23.39 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2012 | Bank Of Baroda | ₹13.61 Cr | Satisfied |
| 28 Mar 2012 | Bank Of Baroda | ₹9.78 Cr | Satisfied |
How Many Employees Work at Mg Tex Fab?
Mg Tex Fab has a workforce of 6 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 Mg Tex Fab, 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 Tex Fab'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.
Latest Updates, News, and FAQs on Mg Tex Fab
Recent activity within the organization
- Annual General Meeting
Mg Tex Fab Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Mg Tex Fab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Director Appointment
Vipin Patodia was appointed as a Director was appointed as a Director on 14 Apr 2023 & has been associated with this company since 2 years 11 days .
- Charges
A charge registered on 30 Mar 2012 via Charge ID 10349097 with Bank Of Baroda was fully satisfied on 07 Jul 2020.
- Charges
A charge registered on 28 Mar 2012 via Charge ID 10347661 with Bank Of Baroda was fully satisfied on 07 Jul 2020.
- Charges
A charge with Bank Of Baroda of Rs. 136.05 M registered on 30 Mar 2012 with Charge ID 10349097 was modified on 17 Dec 2013.
Frequently asked questions
What is the Incorporation or founding date of Mg Tex Fab Private Limited?
Mg Tex Fab Private Limited was incorporated on 25 Oct 2007.
What is authorized share capital and paid-up capital of Mg Tex Fab Private Limited?
The authorized share capital of Mg Tex Fab Private Limited is ₹ 7.50 M and paid-up capital is ₹ 2.80 M.
Who are the current board members & directors of Mg Tex Fab Private Limited?
Currently 2 directors are associated with Mg Tex Fab Private Limited.
- Subhash Maghraj Patodia
- Vipin Patodia
What is the registered address of Mg Tex Fab Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mg Tex Fab Private Limited is 151, 451 Textile Market Ring Road India, Surat, Gujarat, 395002.
What is the corporate identification number (CIN) and company number of Mg Tex Fab Private Limited?
The corporate identification number (CIN) of Mg Tex Fab Private Limited is U17122GJ2007PTC052054 and the company number is 052054 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Mg Tex Fab Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Mg Tex Fab Private Limited has fallen by -67.05%.
How many employees does Mg Tex Fab Private Limited currently have?
As Per 2022 financial reports, 6 employees are currently employed by Mg Tex Fab Private Limited.
What change has been observed in the net worth of Mg Tex Fab Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Mg Tex Fab Private Limited has experienced an upsurge of 2.53%.
When was the last Balance Sheet of Mg Tex Fab Private Limited filed with the ROC?
The most recent Balance Sheet for Mg Tex Fab Private Limited was filed with the ROC on 31 Mar 2024.
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