Multi Weaves Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 3.00 Cr
- Company Age 53 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.10 Cr
- Satisfied Charges ₹ 2.86 M
- Revenue Growth 47.71%
- Profit Growth 8.88%
- Ebitda -6.24%
- Net Worth -41.32%
- Total Assets -5.02%
About Multi Weaves
Multi Weaves Private Limited (MWPL) was founded in India on 25 March 1971 and has a glorious history of 53 years and ten months.Its registered office is in Kolar, Karnataka, India.
The Corporate was formerly known as Packorema Private Limited. The Company is engaged in the Packaging 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.
The company currently has active open charges totaling ₹4.10 Cr. The company has closed loans amounting to ₹2.86 M, as per Ministry of Corporate Affairs (MCA) records.
Amit Gupta, Veena Gupta, and Arsh Gupta serve as directors at the Company.
Company Details
- Location
Kolar, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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- Social Media-
Corporate Identity Details
- CIN/LLPIN
U25202KA1971PTC002027
- Company No.
002027
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1971
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Multi Weaves?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amit Gupta  | Director | 11-Jan-1984 | Current |
| Veena Gupta | Additional Director | 11-Dec-2009 | Current |
| Arsh Gupta | Director | 28-Feb-2018 | Current |
Financial Performance of Multi Weaves.
Multi Weaves Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 47.71% increase. The company also saw a slight improvement in profitability, with a 8.88% increase in profit. The company's net worth observed a substantial decline by a decrease of 41.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Multi Weaves?
In 2020, Multi Weaves had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹4.10 Cr
₹0.29 Cr
Charges Breakdown by Lending Institutions
- Karnataka State Financial Corporation : 4.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Jun 2013 | Karnataka State Financial Corporation | ₹4.10 Cr | Open |
| 30 Apr 2010 | The Shamrao Vithal Co-Operative Bank Limited | ₹2.86 M | Satisfied |
| 10 Feb 1987 | Ksfc | - | Satisfied |
| 21 Aug 1973 | Canara Bank | - | Satisfied |
| 01 May 1973 | Canara Bank | - | Satisfied |
How Many Employees Work at Multi Weaves?
Multi Weaves has a workforce of 0 employees as of Apr 06, 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 Multi Weaves, 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 Multi Weaves'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.
