Minaxi Textiles Ltd logo

Minaxi Textiles Ltd

This company specializes in weaving cotton yarn to produce various types of fabric.
1995 | Gandhi Nagar, Gujarat (India) | Active

Last Updated:

October 23, 2024
HomeCompanyMinaxi Textiles Ltd

Who are the key members and board of directors at Minaxi Textiles?

Executive Team (3)

NameDesignationAppointment DateStatus
Dineshkumar Patel InManaging Director31-Jul-2008Current
Parind Patel InCFO14-Sep-2020Current
Priyanka Patel InCompany Secretary01-Dec-2018Current

Board Members(7)

NameDesignationAppointment DateStatus
Bharatbhai Patel In Director 25-Jul-2001Current
Kiritkumar Patel In Whole-Time Director 31-Jan-2009Current
Snehalkumar Patel In Director 14-Sep-2020Current
Sweta Patel In Director 15-Nov-2019Current
Ravikumar Patel In Director 12-Apr-2024Current
Sandip Madriya In Director 12-Apr-2024Current

Financial Performance of Minaxi Textiles.

Minaxi Textiles Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.18% decrease. The company also saw a substantial fall in profitability, with a 290.59% decrease in profit. The company's net worth observed a substantial decline by a decrease of 51.38%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-6.18%
Revenue from Operations
-6.09%
Total Assets
-10.06%
Profit or Loss
-290.59%
Net Worth
-51.38%
EBITDA
-886.33%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹65.07 Cr

₹7.50 Cr

LenderAmountStatus

Bank Of India

Creation Date: 29 Sep 2017
₹1.52 MOpen

Axis Bank Limited

Creation Date: 15 Sep 2016
₹22.72 CrOpen

Bank Of India

Creation Date: 23 Dec 2008
₹21.10 CrOpen

How Many Employees Work at Minaxi Textiles?

Minaxi Textiles has a workforce of 24 employees as of Apr 04, 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 Graph

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Latest Updates, News, and FAQs on Minaxi Textiles

Recent activity within the organization

  • Director Appointment

    Ravikumar Ghanshyambhai Patel was appointed as a Director was appointed as a Director on 12 Apr 2024 & has been associated with this company since 8 months 12 days .

    12 Apr 2024

  • Director Appointment

    Sandip Viththalbhai Madriya was appointed as a Director was appointed as a Director on 12 Apr 2024 & has been associated with this company since 8 months 12 days .

    12 Apr 2024

  • Charges

    A charge with Bank Of India of Rs. 21.10 Cr registered on 23 Dec 2008 with Charge ID 10135006 was modified on 17 Nov 2023.

    17 Nov 2023

  • Charges

    A charge with Bank Of India of Rs. 21.10 Cr registered on 28 Oct 1998 with Charge ID 90096567 was modified on 16 Nov 2023.

    16 Nov 2023

  • Annual General Meeting

    Minaxi Textiles Ltd last Annual general meeting of members was held on 26 Sep 2023 as per latest MCA records.

    26 Sep 2023

  • Balance Sheet

    Minaxi Textiles Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Minaxi Textiles Ltd was incorporated on 14 Mar 1995.

  • The authorized share capital of Minaxi Textiles Ltd is ₹ 7.00 Cr and paid-up capital is ₹ 4.94 Cr.

  • Currently 10 directors are associated with Minaxi Textiles Ltd.

    • Bharatbhai Prabhudas Patel
    • Kiritkumar Shambhubhai Patel
    • Dineshkumar Purusottamdas Patel
    • Snehalkumar Rajendrakumar Patel
    • Sweta Bharatbhai Patel
    • Parind Dineshkumar Patel
    • Ravikumar Ghanshyambhai Patel
    • Sandip Viththalbhai Madriya
    • Chirag Nalinbhai Shah
    • Priyanka Mahendrakumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Minaxi Textiles Ltd is Plot No. 3311 G.I.D.C. Phase Iv, Tal. Kalol India, Chhatral, Gujarat, 382729.

  • The corporate identification number (CIN) of Minaxi Textiles Ltd is L17119GJ1995PLC025007 and the company number is 025007 as per Ministry of Corporate Affairs (MCA).

  • Yes, Minaxi Textiles Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Minaxi Textiles Ltd is https://www.minaxitextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Minaxi Textiles Ltd has fallen by -6.18%.

  • As Per 2023 financial reports, 24 employees are currently employed by Minaxi Textiles Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Minaxi Textiles Ltd has experienced an downturn of -51.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Minaxi Textiles Ltd amount to ₹ 65.07 Cr.

  • The most recent Balance Sheet for Minaxi Textiles Ltd was filed with the ROC on 31 Mar 2023.

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