Mohit Yarns Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 27-10-2024
- Paid Up Capital ₹ 1.34 Cr
as on 27-10-2024
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 51.70 Cr
as on 27-10-2024
- Satisfied Charges ₹ 96.04 Cr
as on 27-10-2024
- Revenue 129079.75%
(FY 2023)
- Profit 25383.76%
(FY 2023)
- Ebitda -111821.50%
(FY 2023)
- Net Worth 135844.46%
(FY 2023)
- Total Assets 135788.99%
(FY 2023)
About Mohit Yarns
The Corporate was formerly known as Mohit Yarns Private Limited. The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 1.34 Cr.
The company currently has active open charges totaling ₹51.70 Cr. The company has closed loans amounting to ₹96.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sonia Saboo, Mohit Saboo, and Ayushi Saboo serve as directors at the Company.
- CIN/LLPIN
U17119GJ1993PLC149520
- Company No.
302664
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Feb 1993
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Surat, Gujarat, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Mohit Yarns?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sonia Saboo  | Director | 15-Feb-2004 | Current |
| Mohit Saboo | Director | 26-Dec-2016 | Current |
| Ayushi Saboo | Director | 07-Sep-2014 | Current |
Financial Performance of Mohit Yarns.
Mohit Yarns Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 129079.75% increase. The company also saw a substantial improvement in profitability, with a 25383.76% increase in profit. The company's net worth Soared by an impressive increase of 135844.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Mohit Yarns?
In 2023, Mohit Yarns had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 16 Sep 2021 | ₹51.70 Cr | Open |
The South Indian Bank Limited Creation Date: 21 Apr 2012 | ₹57.61 Cr | Satisfied |
State Bank Of Travancore Creation Date: 23 Dec 2005 | ₹37.43 Cr | Satisfied |
How Many Employees Work at Mohit Yarns?
Unlock and access historical data on people associated with Mohit Yarns, 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 Mohit Yarns, 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 Yarns'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.
