Morvi Vegetable Products Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.21 Cr
- Company Age 80 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 33.27 Cr
- Revenue Growth %
- Profit Growth 50.08%
- Ebitda 51.21%
- Net Worth -32.44%
- Total Assets -4.30%
About Morvi Vegetable Products
Morvi Vegetable Products Ltd (MVPL) was founded in India on 29 June 1944 and has a glorious history of 80 years and nine months.Its registered office is in Rajkot, Gujarat, India.
The Company is engaged in the Food And Beverages 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 1.21 Cr.
The company has closed loans amounting to ₹33.27 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Pratik Patel, Ajaykumar Sheth, Dhirubhai Patel, and Two other members serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15141GJ1944PLC000789
- Company No.
000789
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Jun 1944
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Food and Beverages
What products or services does Morvi Vegetable Products Ltd offer?
Morvi Vegetable Products Ltd offers a wide range of products and services, including Groundnut Oil, Wood Pressed Groundnut Oil, Refined Oil, Soybean Oil, Cooking Oil, Cottonseed Oil, Corn Oil.
Who are the key members and board of directors at Morvi Vegetable Products?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pratik Patel  | Director | 25-Jul-2013 | Current |
| Ajaykumar Sheth | Director | 21-Oct-2010 | Current |
| Dhirubhai Patel | Director | 10-Jun-2015 | Current |
| Ishwar Patel | Director | 21-Oct-2010 | Current |
| Tarulataben Patel | Director | 16-Dec-2010 | Current |
Financial Performance of Morvi Vegetable Products.
Morvi Vegetable Products Ltd, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 50.08% increase in profit. The company's net worth observed a substantial decline by a decrease of 32.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Morvi Vegetable Products?
In 2023, Morvi Vegetable Products had a promoter holding of 41.53% and a public holding of 58.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Biotomy Lifesciences Llp
Ajaykumar Sheth is a mutual person
- Shivganga Cold Storage Private Limited
Dhirubhai Patel is a mutual person
- Shivsagar Cold Storage Private Limited
Ishwar Patel is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹33.27 Cr
Charges Breakdown by Lending Institutions
- Union Bank Of India : 33.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jan 2003 | Union Bank Of India | ₹33.27 Cr | Satisfied |
How Many Employees Work at Morvi Vegetable Products?
Morvi Vegetable Products has a workforce of 0 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Morvi Vegetable Products, 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 Morvi Vegetable Products'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.
Latest Updates, News, and FAQs on Morvi Vegetable Products
Recent activity within the organization
- Annual General Meeting
Morvi Vegetable Products Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Morvi Vegetable Products Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 10 Jan 2003 via Charge ID 80040761 with Union Bank Of India was fully satisfied on 07 Jun 2016.
- Director Appointment
Dhirubhai Narsibhai Patel was appointed as a Director was appointed as a Director on 10 Jun 2015 & has been associated with this company since 9 years 9 months .
- Director Appointment
Pratik Chandrakantbhai Patel was appointed as a Director was appointed as a Director on 25 Jul 2013 & has been associated with this company since 11 years 8 months .
- Charges
A charge with Union Bank Of India of Rs. 33.27 Cr registered on 10 Jan 2003 with Charge ID 80040761 was modified on 16 Dec 2011.
Frequently asked questions
What is the Incorporation or founding date of Morvi Vegetable Products Ltd?
Morvi Vegetable Products Ltd was incorporated on 29 Jun 1944.
What is authorized share capital and paid-up capital of Morvi Vegetable Products Ltd?
The authorized share capital of Morvi Vegetable Products Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.21 Cr.
Who are the current board members & directors of Morvi Vegetable Products Ltd?
Currently 5 directors are associated with Morvi Vegetable Products Ltd.
- Pratik Chandrakantbhai Patel
- Ajaykumar Navnitlal Sheth
- Dhirubhai Narsibhai Patel
- Ishwar Bhai Parshottam Bhai Patel
- Tarulataben Chandrakantbhai Patel
What is the registered address of Morvi Vegetable Products Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Morvi Vegetable Products Ltd is Factory Premises Vegetable Road India, Morbi, Gujarat, 363642.
What is the corporate identification number (CIN) and company number of Morvi Vegetable Products Ltd?
The corporate identification number (CIN) of Morvi Vegetable Products Ltd is U15141GJ1944PLC000789 and the company number is 000789 as per Ministry of Corporate Affairs (MCA).
What is the official website of Morvi Vegetable Products Ltd?
The Official website of Morvi Vegetable Products Ltd is https://www.morvivegetable.com
What change has been observed in the net worth of Morvi Vegetable Products Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Morvi Vegetable Products Ltd has experienced an downturn of -32.44%.
When was the last Balance Sheet of Morvi Vegetable Products Ltd filed with the ROC?
The most recent Balance Sheet for Morvi Vegetable Products Ltd was filed with the ROC on 31 Mar 2024.
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