Multiway Textiles Private Limited
Textile garment manufacturing on job-work basis since 1994 in Coimbatore.
1994 | Coimbatore, Tamil Nadu (India) | Active
Multiway Textiles Profile
Key Indicators
- Authorised Capital ₹ 0.40 M
- Paid Up Capital ₹ 0.40 M
- Company Age 30 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 1.00 M
- Revenue Growth -16.98%
- Profit Growth -18.04%
- Ebitda -22.35%
- Net Worth 1.27%
- Total Assets 1.98%
About Multiway Textiles
Multiway Textiles Private Limited (MTPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 October 1994 and has a history of 30 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.
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 0.40 M and a paid-up capital of Rs 0.40 M.
The company has closed loans amounting to ₹1.00 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Raja Shanmugham, Ramaswamy Muthuswamy, Ganesar Subramaniam, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U17111TZ1994PTC005416
- Company No.
005416
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Oct 1994
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
Who are the key members and board of directors at Multiway Textiles?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Raja Shanmugham  | Director | 07-Oct-1994 | Current |
| Ramaswamy Muthuswamy | Director | 07-Oct-1994 | Current |
| Ganesar Subramaniam | Director | 07-Oct-1994 | Current |
| Duraimurugan Susiladevi | Director | 07-Oct-1994 | Current |
Financial Performance of Multiway Textiles.
Multiway Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 16.98% decrease. The company also saw a substantial fall in profitability, with a 18.04% decrease in profit. The company's net worth moved up by a moderate rise of 1.27%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Multiway Textiles?
In 2023, Multiway Textiles had a promoter holding of 100.00%. 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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- Apex Parivar Infra And Solar Power Private Limited
Raja Shanmugham and Ramaswamy Muthuswamy are mutual person
Aic-Nift Tea Incubation Centre For Textiles And ApparelsRaja Shanmugham is a mutual person
Alpine Knits India Private LimitedRaja Shanmugham and Ramaswamy Muthuswamy are mutual person
Heart Win Wears Private LimitedRaja Shanmugham and Ramaswamy Muthuswamy are mutual person
- Jm Knitwear And Green Energy Private Limited
Raja Shanmugham and Ramaswamy Muthuswamy are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1.00 M
Charges Breakdown by Lending Institutions
- Canara Bank : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 1995 | Canara Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Multiway Textiles?
Multiway Textiles has a workforce of 5 employees as of Apr 05, 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 Multiway Textiles, 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 Multiway Textiles'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 Multiway Textiles
Recent activity within the organization
- Annual General Meeting
Multiway Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge registered on 29 Jun 1995 via Charge ID 90000520 with Canara Bank was fully satisfied on 27 Jul 2023.
- Balance Sheet
Multiway Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge with Canara Bank amounted to Rs. 1.00 M with Charge ID 90000520 was registered on 29 Jun 1995.
- Director Appointment
Ramaswamy Muthuswamy was appointed as a Director was appointed as a Director on 07 Oct 1994 & has been associated with this company since 30 years 4 months .
- Director Appointment
Ganesar Subramaniam was appointed as a Director was appointed as a Director on 07 Oct 1994 & has been associated with this company since 30 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Multiway Textiles Private Limited?
Multiway Textiles Private Limited was incorporated on 07 Oct 1994.
What is authorized share capital and paid-up capital of Multiway Textiles Private Limited?
The authorized share capital of Multiway Textiles Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.40 M.
Who are the current board members & directors of Multiway Textiles Private Limited?
Currently 4 directors are associated with Multiway Textiles Private Limited.
- Raja Muthuswamy Shanmugham
- Ramaswamy Muthuswamy
- Ganesar Subramaniam
- Duraimurugan Susiladevi
What is the registered address of Multiway Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Multiway Textiles Private Limited is 33 B Vaikkal Thottam Sheriff Colony, Tirupur India, Coimbatore District, Tamil Nadu, 641604.
What is the corporate identification number (CIN) and company number of Multiway Textiles Private Limited?
The corporate identification number (CIN) of Multiway Textiles Private Limited is U17111TZ1994PTC005416 and the company number is 005416 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Multiway Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Multiway Textiles Private Limited has fallen by -16.98%.
How many employees does Multiway Textiles Private Limited currently have?
As Per 2023 financial reports, 5 employees are currently employed by Multiway Textiles Private Limited.
What change has been observed in the net worth of Multiway Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Multiway Textiles Private Limited has experienced an upsurge of 1.27%.
When was the last Balance Sheet of Multiway Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Multiway Textiles Private Limited was filed with the ROC on 31 Mar 2023.