Modern Textile Mills Private Limited

Manufactures and trades knitted fabrics using various natural and synthetic materials since 1937.

1937 | Amritsar, Punjab (India) | Active
Last Updated: December 18, 2024

Modern Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 0.70 M
  • Paid Up Capital ₹ 0.54 M
  • Company Age 87 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.97 Cr
  • Revenue Growth 4.83%
  • Profit Growth -77.65%
  • Ebitda -9.29%
  • Net Worth 3.82%
  • Total Assets -5.68%

About Modern Textile Mills

Modern Textile Mills Private Limited (MTMPL) was founded in India on 23 November 1937 and has a glorious history of 87 years and three months.Its registered office is in Amritsar, Punjab, 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 0.70 M and a paid-up capital of Rs 0.54 M.

The company currently has active open charges totaling ₹1.97 Cr.

Ravinder Mehra, Shub Mehra, and Pinki Mehra serve as directors at the Company.

Company Details

  • Location

    Amritsar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17121PB1937PTC000252

  • Company No.

    000252

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 1937

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Modern Textile Mills?

Board Members (3)

NameDesignationAppointment DateStatus
Ravinder Mehra Country flag representing In Director 10-Nov-1997Current
Shub Mehra Country flag representing In Director 01-Oct-2009Current
Pinki Mehra Country flag representing In Director 01-Apr-2009Current

Financial Performance of Modern Textile Mills.

Modern Textile Mills Private Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 4.83% increase. The company also saw a substantial fall in profitability, with a 77.65% decrease in profit. The company's net worth moved up by a moderate rise of 3.82%.

Graph illustrating revenue growth over time
Graph showing 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
4.83%
Revenue from Operations
5.71%
Total Assets
-5.68%
Profit or Loss
-77.65%
Net Worth
3.82%
EBITDA
-9.29%

What is the Ownership and Shareholding Structure of Modern Textile Mills?

In 2021, Modern Textile Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.71 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 1.77 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2023Hdfc Bank Limited₹2.00 MOpen
29 Mar 2012Oriental Bank Of Commerce₹2.25 MOpen
29 Mar 2012Oriental Bank Of Commerce₹4.46 MOpen
09 Mar 2011Oriental Bank Of Commerce₹1.00 MOpen
26 May 2009Oriental Bank Of Commerce₹1.00 CrOpen

How Many Employees Work at Modern Textile Mills?

Unlock and access historical data on people associated with Modern Textile Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Modern Textile Mills, 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 Modern Textile Mills'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 Modern Textile Mills

Recent activity within the organization

  • Annual General Meeting

    Modern Textile Mills Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Modern Textile Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100760287 was registered on 10 Mar 2023.

    10 Mar 2023

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 4.46 M registered on 29 Mar 2012 with Charge ID 10351065 was modified on 24 Apr 2012.

    24 Apr 2012

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 2.25 M with Charge ID 10351060 was registered on 29 Mar 2012.

    29 Mar 2012

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 4.46 M with Charge ID 10351065 was registered on 29 Mar 2012.

    29 Mar 2012

Frequently asked questions

  • Modern Textile Mills Private Limited was incorporated on 23 Nov 1937.

  • The authorized share capital of Modern Textile Mills Private Limited is ₹ 0.70 M and paid-up capital is ₹ 0.54 M.

  • Currently 3 directors are associated with Modern Textile Mills Private Limited.

    • Ravinder Pal Mehra
    • Shub Mehra
    • Pinki Mehra
  • As per Ministry of Corporate Affairs (Mca), the registered address of Modern Textile Mills Private Limited is Plot No.2-3, Gali Mandir Wali Pandori Waraich India, Amritsar, Punjab, 143001.

  • The corporate identification number (CIN) of Modern Textile Mills Private Limited is U17121PB1937PTC000252 and the company number is 000252 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Modern Textile Mills Private Limited has risen by 4.83%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Modern Textile Mills Private Limited has experienced an upsurge of 3.82%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Modern Textile Mills Private Limited amount to ₹ 1.97 Cr.

  • The most recent Balance Sheet for Modern Textile Mills Private Limited was filed with the ROC on 31 Mar 2024.

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