Mohit Overseas Limited

Textile manufacturing and processing company specializing in synthetic filament yarns.

1991 | Mumbai, Maharashtra (India) | Active
Last Updated: December 24, 2023

Mohit Overseas Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 3.00 Cr
  • Revenue Growth -56.86%
  • Profit Growth 111.67%
  • Ebitda -76.95%
  • Net Worth 37.69%
  • Total Assets 33.20%

About Mohit Overseas

Mohit Overseas Limited (MOL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 October 1991 and has a history of 33 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Mohit Overseas Private Limited. 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 1.50 Cr and a paid-up capital of Rs 8.00 M.

The company has closed loans amounting to ₹3.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Narayan Saboo, Madhu Saboo, and Manish Saboo serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17299MH1991PLC302663

  • Company No.

    302663

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Oct 1991

  • Date of AGM

    25 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Mohit Overseas?

Board Members (3)

Name Designation Appointment Date Status
Narayan Saboo Country flag representing In Director 08-Oct-1991 Current
Madhu Saboo Country flag representing In Director 10-Nov-2002 Current
Manish Saboo Country flag representing In Director 30-Jul-2013 Current

Financial Performance of Mohit Overseas.

Mohit Overseas Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 56.86% decrease. The company also saw a substantial improvement in profitability, with a 111.67% increase in profit. The company's net worth Soared by an impressive increase of 37.69%.

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
-56.86%
Revenue from Operations
-60.22%
Total Assets
33.20%
Profit or Loss
111.67%
Net Worth
37.69%
EBITDA
-76.95%

What is the Ownership and Shareholding Structure of Mohit Overseas?

In 2023, Mohit Overseas 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

₹0

Satisfied Charges

₹3.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank If Travancore : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Mar 2003 State Bank If Travancore ₹3.00 Cr Satisfied

How Many Employees Work at Mohit Overseas?

Mohit Overseas has a workforce of 1 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mohit Overseas, 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 Mohit Overseas'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 Mohit Overseas

Recent activity within the organization

  • Annual General Meeting

    Mohit Overseas Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

    25 Aug 2023

  • Balance Sheet

    Mohit Overseas Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Manish Narayan Saboo was appointed as a Director was appointed as a Director on 30 Jul 2013 & has been associated with this company since 11 years 6 months .

    30 Jul 2013

  • Charges

    A charge registered on 26 Mar 2003 via Charge ID 90105889 with State Bank If Travancore was fully satisfied on 04 Jul 2012.

    04 Jul 2012

  • Charges

    A charge with State Bank If Travancore of Rs. 3.00 Cr registered on 26 Mar 2003 with Charge ID 90105889 was modified on 27 Apr 2006.

    27 Apr 2006

  • Charges

    A charge with State Bank If Travancore amounted to Rs. 3.00 Cr with Charge ID 90105889 was registered on 26 Mar 2003.

    26 Mar 2003

Frequently asked questions

  • Mohit Overseas Limited was incorporated on 08 Oct 1991.

  • The authorized share capital of Mohit Overseas Limited is ₹ 1.50 Cr and paid-up capital is ₹ 8.00 M.

  • Currently 3 directors are associated with Mohit Overseas Limited.

    • Narayan Sitaram Saboo
    • Madhu Narayankumar Saboo
    • Manish Narayan Saboo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mohit Overseas Limited is 202 Corporate Avenue Wing-A Sonawala Road, Goregaon East Nr Udyog Bhuvan, Mumbai, Maharashtra, India, 400063.

  • The corporate identification number (CIN) of Mohit Overseas Limited is U17299MH1991PLC302663 and the company number is 302663 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mohit Overseas Limited is https://www.mohitindustries.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mohit Overseas Limited has fallen by -56.86%.

  • As Per 2023 financial reports, 1 employees are currently employed by Mohit Overseas Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mohit Overseas Limited has experienced an upsurge of 37.69%.

  • The most recent Balance Sheet for Mohit Overseas Limited was filed with the ROC on 31 Mar 2023.

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