Mg Tex Fab Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 03-12-2024
- Paid Up Capital ₹ 2.80 M
as on 03-12-2024
- Company Age 17 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 23.39 Cr
as on 03-12-2024
- Revenue -67.05%
(FY 2022)
- Profit 118.95%
(FY 2022)
- Ebitda -370.32%
(FY 2022)
- Net Worth 2.53%
(FY 2022)
- Total Assets 0.84%
(FY 2022)
About Mg Tex Fab
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.
- 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
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
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
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
- Tantithaiya Infrastructure Development.Private LimitedActive 13 years 9 months
Subhash Patodia is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Bank Of Baroda Creation Date: 30 Mar 2012 | ₹13.61 Cr | Satisfied |
Bank Of Baroda Creation Date: 28 Mar 2012 | ₹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.
