Morex Composites Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 2.85 M
- Company Age 28 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.20 Cr
- Satisfied Charges ₹ 2.00 Cr
- Revenue Growth 24.30%
- Profit Growth -56.06%
- Ebitda -54.29%
- Net Worth 8.70%
- Total Assets 1.64%
About Morex Composites
Morex Composites Private Limited (MCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 February 1996 and has a history of 28 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Morex Investments 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 1.00 Cr and a paid-up capital of Rs 2.85 M.
The company currently has active open charges totaling ₹2.20 Cr. The company has closed loans amounting to ₹2.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bijoy More and Santosh More serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24290MH1996PTC097097
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Company No.
097097
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
09 Feb 1996
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Morex Composites?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bijoy More
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Director | 18-Apr-2013 | Current |
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Santosh More
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Director | 12-Feb-1996 | Current |
Financial Performance of Morex Composites.
Morex Composites Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.3% increase. The company also saw a substantial fall in profitability, with a 56.06% decrease in profit. The company's net worth moved up by a moderate rise of 8.7%.
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What is the Ownership and Shareholding Structure of Morex Composites?
In 2023, Morex Composites had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Morex Industries Private LimitedSantosh More is a mutual person
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Godha Chemicals Pvt LtdBijoy More is a mutual person
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Anirudh Resins Private Limited
Santosh More is a mutual person
Charges (Loans)
₹2.20 Cr
₹2.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 2.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Aug 2021 | Axis Bank Limited | ₹2.04 M | Open |
| 27 Jul 2017 | Axis Bank Limited | ₹2.00 Cr | Open |
| 05 Mar 2016 | Hdfc Bank Limited | ₹1.00 Cr | Satisfied |
| 10 Jun 2013 | Oriental Bank Of Commerce | ₹1.00 Cr | Satisfied |
How Many Employees Work at Morex Composites?
Unlock and access historical data on people associated with Morex Composites, 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 Morex Composites, 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 Morex Composites'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.
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