Milan Ginning Pressing Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 16.52 Cr
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.15 Cr
- Satisfied Charges ₹ 5.58 Cr
- Revenue Growth 53.02%
- Profit Growth 107.21%
- Ebitda 69.42%
- Net Worth 16.65%
- Total Assets 36.80%
About Milan Ginning Pressing
Milan Ginning Pressing Limited (MGPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 April 1995 and has a history of 29 years and nine months. Its registered office is in Surendra Nagar, 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 2023. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 16.52 Cr.
The company currently has active open charges totaling ₹35.15 Cr. The company has closed loans amounting to ₹5.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohamedhasanain Narsinh, Husenali Narsinh, and Minazben Narsinh serve as directors at the Company.
Company Details
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Location
Surendra Nagar, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17119GJ1995PLC025604
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Company No.
025604
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
25 Apr 1995
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Milan Ginning Pressing Limited offer?
Milan Ginning Pressing Limited offers a wide range of products and services, including Yarns & Threads, Cotton, Cotton Yarn, Bird Food, Poultry & Animal Food, Animal Feed, Edible Oil & Allied Products, Cooking Oil, Cattle Feed.
Who are the key members and board of directors at Milan Ginning Pressing?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohamedhasanain Narsinh
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Director | 21-Nov-2005 | Current |
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Husenali Narsinh
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Director | 25-Apr-1995 | Current |
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Minazben Narsinh
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Director | 14-Sep-1995 | Current |
Financial Performance of Milan Ginning Pressing.
Milan Ginning Pressing Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 53.02% increase. The company also saw a substantial improvement in profitability, with a 107.21% increase in profit. The company's net worth Soared by an impressive increase of 16.65%.
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What is the Ownership and Shareholding Structure of Milan Ginning Pressing?
In 2023, Milan Ginning Pressing 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)
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Mah Textiles LlpMohamedhasanain Narsinh and Husenali Narsinh are mutual person
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K R Solvent Llp
Mohamedhasanain Narsinh, Husenali Narsinh and 1 more are mutual person
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Sustainable Knitting Llp
Mohamedhasanain Narsinh is a mutual person
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Sustainable Smart Wear Private Limited
Mohamedhasanain Narsinh and Minazben Narsinh are mutual person
Charges (Loans)
₹35.15 Cr
₹5.58 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 35.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2007 | State Bank Of India | ₹35.15 Cr | Open |
| 24 Dec 2009 | State Bank Of India | ₹5.00 Cr | Satisfied |
| 12 Oct 1999 | The Surendranagar People Co.Operative Bank Ltd. | ₹2.80 M | Satisfied |
| 14 Aug 1995 | The Surendranagar People Co.Operative Bank Ltd. | ₹3.00 M | Satisfied |
How Many Employees Work at Milan Ginning Pressing?
Unlock and access historical data on people associated with Milan Ginning Pressing, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Milan Ginning Pressing, 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 Milan Ginning Pressing'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.
