Milltex Engineers Private Limited

Manufactures and exports jute mill machinery and spares for textile industry.

1990 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Milltex Engineers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.80 M
  • Company Age 35 Year, 26 Days
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 1.59 Cr
  • Satisfied Charges ₹ 2.30 Cr
  • Revenue Growth -17.23%
  • Profit Growth 60.39%
  • Ebitda 100.18%
  • Net Worth 14.08%
  • Total Assets -6.90%

About Milltex Engineers

Milltex Engineers Private Limited (MEPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 February 1990 and has a history of 35 years. Its registered office is in Coimbatore, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2020. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.80 M.

The company currently has active open charges totaling ₹1.59 Cr. The company has closed loans amounting to ₹2.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shanmugasundaram Manikandan, Supriya Paul, and Subrata Paul serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29269TZ1990PTC002616

  • Company No.

    002616

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Feb 1990

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment

Who are the key members and board of directors at Milltex Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Shanmugasundaram Manikandan Country flag representing In Managing Director01-Sep-2011Current

Board Members (2)

NameDesignationAppointment DateStatus
Supriya Paul Country flag representing In Director 12-Jun-2013Current
Subrata Paul Country flag representing In Director 09-May-2016Current

Financial Performance of Milltex Engineers.

Milltex Engineers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 17.23% decrease. The company also saw a substantial improvement in profitability, with a 60.39% increase in profit. The company's net worth Soared by an impressive increase of 14.08%.

Milltex Engineers revenue growth over time
Milltex Engineers profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-17.23%
Revenue from Operations
-17.11%
Total Assets
-6.90%
Profit or Loss
60.39%
Net Worth
14.08%
EBITDA
100.18%

What is the Ownership and Shareholding Structure of Milltex Engineers?

In 2019, Milltex Engineers had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.89 M

Satisfied Charges

₹23.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 1.59 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2022Hdfc Bank Limited₹1.52 MOpen
05 Jul 2017Hdfc Bank Limited₹1.44 CrOpen
08 Feb 2001State Bank Of Mysore₹3.50 MSatisfied
20 Jan 2001State Bank Of Mysore₹1.95 CrSatisfied

How Many Employees Work at Milltex Engineers?

Milltex Engineers has a workforce of 13 employees as of Apr 05, 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.

Employee growth trends for Milltex Engineers Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Milltex Engineers, 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 Milltex Engineers's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Milltex Engineers

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.52 M with Charge ID 100556825 was registered on 25 Jan 2022.

  • Annual General Meeting

    Milltex Engineers Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Milltex Engineers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Coimbatore.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 14.38 M with Charge ID 100117238 was registered on 05 Jul 2017.

  • Director Appointment

    Subrata Paul was appointed as a Director was appointed as a Director on 09 May 2016 & has been associated with this company since 8 years 10 months .

  • Director Appointment

    Supriya Paul was appointed as a Director was appointed as a Director on 12 Jun 2013 & has been associated with this company since 11 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Milltex Engineers Private Limited?

    Milltex Engineers Private Limited was incorporated on 14 Feb 1990.

  • What is authorized share capital and paid-up capital of Milltex Engineers Private Limited?

    The authorized share capital of Milltex Engineers Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.80 M.

  • Who are the current board members & directors of Milltex Engineers Private Limited?

    Currently 3 directors are associated with Milltex Engineers Private Limited.

    • Shanmugasundaram Manikandan
    • Supriya Paul
    • Subrata Paul

  • What is the registered address of Milltex Engineers Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Milltex Engineers Private Limited is 8 / 49 Sundaresa Layout, Trichy Road India, Coimbatore, Tamil Nadu, 641018.

  • What is the corporate identification number (CIN) and company number of Milltex Engineers Private Limited?

    The corporate identification number (CIN) of Milltex Engineers Private Limited is U29269TZ1990PTC002616 and the company number is 002616 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Milltex Engineers Private Limited?

    The Official website of Milltex Engineers Private Limited is https://www.milltex.in

  • What has been the recent revenue trend for Milltex Engineers Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Milltex Engineers Private Limited has fallen by -17.23%.

  • How many employees does Milltex Engineers Private Limited currently have?

    As Per 2020 financial reports, 13 employees are currently employed by Milltex Engineers Private Limited.

  • What change has been observed in the net worth of Milltex Engineers Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Milltex Engineers Private Limited has experienced an upsurge of 14.08%.

  • What are the total open charges for Milltex Engineers Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Milltex Engineers Private Limited amount to ₹ 1.59 Cr.

  • When was the last Balance Sheet of Milltex Engineers Private Limited filed with the ROC?

    The most recent Balance Sheet for Milltex Engineers Private Limited was filed with the ROC on 31 Mar 2020.

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