Morex Industries Private Limited

Manufacturer of plastic products, including gel coat, resins, and FRP rock bolts, with a plant in Sri Lanka.

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

Morex Industries Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.63 Cr
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.00 Cr
  • Satisfied Charges ₹ 42.95 Cr
  • Revenue Growth 42.16%
  • Profit Growth 7.28%
  • Ebitda 47.80%
  • Net Worth 25.59%
  • Total Assets 11.63%

About Morex Industries

Morex Industries Private Limited (MIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 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 Morex Petro Chem 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 5.00 Cr and a paid-up capital of Rs 1.63 Cr.

The company currently has active open charges totaling ₹17.00 Cr. The company has closed loans amounting to ₹42.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Santosh More, Sushilkumar More, and Ajay More serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    morexindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U99999MH1991PTC064189

  • Company No.

    064189

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Morex Industries Private Limited offer?

Morex Industries Private Limited offers a wide range of products and services, including Natural and Synthetic Resins, Resins, Bricks & Construction Aggregates, Building Materials, Alloy, Metal and High Strength Bolts, Plastic Bolt, Fire Retardant Resin, Liquid Resins, Casting Resin.

Who are the key members and board of directors at Morex Industries?

Board Members (3)

NameDesignationAppointment DateStatus
Santosh More Country flag representing In Director 27-Nov-1991Current
Sushilkumar More Country flag representing In Director 10-May-2023Current
Ajay More Country flag representing In Director 28-Aug-1992Current

Financial Performance of Morex Industries.

Morex Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.16% increase. The company also saw a slight improvement in profitability, with a 7.28% increase in profit. The company's net worth Soared by an impressive increase of 25.59%.

Morex Industries revenue growth over time
Morex Industries 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
42.16%
Revenue from Operations
44.53%
Total Assets
11.63%
Profit or Loss
7.28%
Net Worth
25.59%
EBITDA
47.80%

What is the Ownership and Shareholding Structure of Morex Industries?

In 2023, Morex Industries 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

₹17.00 Cr

Satisfied Charges

₹42.95 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 7.00 Cr

Latest Charge Details

DateLenderAmountStatus
10 Jan 2024The Hongkong And Shanghai Banking Corporation Limited₹7.00 CrOpen
09 Mar 2023Axis Bank Limited₹1.70 CrOpen
27 Nov 2019Axis Bank Limited₹3.00 MOpen
05 Mar 2019Axis Bank Limited₹1.00 CrOpen
15 Dec 2017Axis Bank Limited₹7.00 CrOpen

How Many Employees Work at Morex Industries?

Morex Industries has a workforce of 43 employees as of Apr 01, 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.

Employee growth trends for Morex Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Morex Industries, 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 Industries'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 Morex Industries

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 7.00 Cr with Charge ID 100844963 was registered on 10 Jan 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 0.30 Cr registered on 27 Nov 2019 with Charge ID 100304297 was modified on 18 Oct 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 1.00 Cr registered on 05 Mar 2019 with Charge ID 100270379 was modified on 18 Oct 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 7.00 Cr registered on 15 Dec 2017 with Charge ID 100152587 was modified on 18 Oct 2023.

  • Annual General Meeting

    Morex Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Sushilkumar More was appointed as a Director was appointed as a Director on 10 May 2023 & has been associated with this company since 1 year 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Morex Industries Private Limited?

    Morex Industries Private Limited was incorporated on 27 Nov 1991.

  • What is authorized share capital and paid-up capital of Morex Industries Private Limited?

    The authorized share capital of Morex Industries Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.63 Cr.

  • Who are the current board members & directors of Morex Industries Private Limited?

    Currently 3 directors are associated with Morex Industries Private Limited.

    • Santosh Kumar Anandilal More
    • Sushilkumar More
    • Ajay Kumar Anandilal More

  • What is the registered address of Morex Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Morex Industries Private Limited is Unit No. 803 Ruby Crescent Business Boulevard Chakravarty Ashok Rd Nagar, Kandi Vali (E) India, Mumbai, Maharashtra, 400101.

  • What is the corporate identification number (CIN) and company number of Morex Industries Private Limited?

    The corporate identification number (CIN) of Morex Industries Private Limited is U99999MH1991PTC064189 and the company number is 064189 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Morex Industries Private Limited?

    The Official website of Morex Industries Private Limited is https://www.morexindustries.com

  • What has been the recent revenue trend for Morex Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Morex Industries Private Limited has risen by 42.16%.

  • How many employees does Morex Industries Private Limited currently have?

    As Per 2023 financial reports, 43 employees are currently employed by Morex Industries Private Limited.

  • What change has been observed in the net worth of Morex Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Morex Industries Private Limited has experienced an upsurge of 25.59%.

  • What are the total open charges for Morex Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Morex Industries Private Limited amount to ₹ 17.00 Cr.

  • When was the last Balance Sheet of Morex Industries Private Limited filed with the ROC?

    The most recent Balance Sheet for Morex Industries Private Limited was filed with the ROC on 31 Mar 2023.

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