Micro Weaves Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 7.80 M
- Company Age 20 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.93 Cr
- Satisfied Charges ₹ 13.50 Cr
- Revenue Growth 29.18%
- Profit Growth 57.51%
- Ebitda 5.20%
- Net Worth 10.87%
- Total Assets 27.84%
About Micro Weaves
Micro Weaves Private Limited (MWPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 May 2004 and has a history of 20 years and nine 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 1.50 Cr and a paid-up capital of Rs 7.80 M.
The company currently has active open charges totaling ₹20.93 Cr. The company has closed loans amounting to ₹13.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vimal Chheda, Subhash Shah, Jiten Chheda, and Two other members 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
U17111GJ2004PTC044097
- Company No.
044097
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 May 2004
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Micro Weaves?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vimal Chheda  | Whole-Time Director | 06-May-2004 | Current |
| Subhash Shah | Director | 06-May-2004 | Current |
| Jiten Chheda | Director | 01-Oct-2010 | Current |
| Hitesh Chheda | Director | 01-Oct-2010 | Current |
| Narendra Chheda | Whole-Time Director | 06-May-2004 | Current |
Financial Performance of Micro Weaves.
Micro Weaves Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.18% increase. The company also saw a substantial improvement in profitability, with a 57.51% increase in profit. The company's net worth Soared by an impressive increase of 10.87%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Micro Weaves?
In 2023, Micro Weaves had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shahlon Textile Park Private LimitedNarendra Chheda is a mutual person
Visshwa Dyeing & Printing LlpVimal Chheda is a mutual person
Charges (Loans)
₹20.93 Cr
₹13.50 Cr
Charges Breakdown by Lending Institutions
- Others : 20.93 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2024 | Others | ₹2.00 Cr | Open |
| 07 Mar 2023 | Others | ₹2.00 M | Open |
| 08 Jun 2022 | Others | ₹0.79 M | Open |
| 10 Nov 2021 | Others | ₹1.30 M | Open |
| 04 Jul 2013 | Others | ₹18.52 Cr | Open |
How Many Employees Work at Micro Weaves?
Micro Weaves has a workforce of 56 employees as of Apr 06, 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 Micro Weaves, 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 Micro Weaves'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.
