Morchhadi Textile Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.45 M
- Company Age 34 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.05 Cr
- Satisfied Charges ₹ 3.58 Cr
- Revenue Growth 19.48%
- Profit Growth -14.97%
- Ebitda 24.41%
- Net Worth 0.06%
- Total Assets -4.95%
About Morchhadi Textile
Morchhadi Textile Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 August 1990 and has a history of 34 years and five months. Its registered office is in Surat, Gujarat, India.
The Corporate was formerly known as Swastik Texturisers Pvt Ltd. 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 2.50 M and a paid-up capital of Rs 2.45 M.
The company currently has active open charges totaling ₹1.05 Cr. The company has closed loans amounting to ₹3.58 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shriram Agrawal, Mohit Agrawal, and Neetal Agarwal serve as directors at the Company.
Company Details
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Location
Surat, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17119GJ1990PTC014252
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Company No.
014252
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Aug 1990
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Date of AGM
20 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Morchhadi Textile?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shriram Agrawal
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Director | 22-Aug-1990 | Current |
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Mohit Agrawal
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Director | 28-Feb-2015 | Current |
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Neetal Agarwal
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Director | 20-Apr-2022 | Current |
Financial Performance of Morchhadi Textile.
Morchhadi Textile Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 19.48% increase. The company also saw a substantial fall in profitability, with a 14.97% decrease in profit. The company's net worth moved up by a moderate rise of 0.06%.
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What is the Ownership and Shareholding Structure of Morchhadi Textile?
In 2017, Morchhadi Textile had a promoter holding of 11.11% and a public holding of 88.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹10.50 M
₹35.84 M
Charges Breakdown by Lending Institutions
- Others : 1.00 Cr
- Bank Of Baroda : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Feb 2024 | Others | ₹1.00 Cr | Open |
| 01 Feb 1989 | Bank Of Baroda | ₹0.50 M | Open |
| 14 Sep 2003 | Dena Bank | ₹0.35 M | Satisfied |
| 14 May 2002 | Dena Bank | ₹7.00 M | Satisfied |
| 20 Apr 2002 | Dena Bank | ₹7.00 M | Satisfied |
How Many Employees Work at Morchhadi Textile?
Unlock and access historical data on people associated with Morchhadi Textile, 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 Morchhadi Textile, 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 Morchhadi Textile'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.
