My Choice Sarees Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.24 M
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.55 Cr
- Satisfied Charges ₹ 60.04 Cr
- Revenue Growth 11.75%
- Profit Growth 198.05%
- Ebitda 58.05%
- Net Worth 6.71%
- Total Assets 11.43%
About My Choice Sarees
My Choice Sarees Private Limited (MCSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 April 1996 and has a history of 28 years and ten months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Fashion And Textile 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 0.50 M and a paid-up capital of Rs 0.24 M.
The company currently has active open charges totaling ₹12.55 Cr. The company has closed loans amounting to ₹60.04 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rekha Mor, Nitin Mor, Priti Mor, and Two other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51310TG1996PTC023910
- Company No.
023910
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Apr 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Fashion and Textile
Who are the key members and board of directors at My Choice Sarees?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rekha Mor  | Director | 26-Apr-1997 | Current |
| Nitin Mor | Director | 26-Apr-1997 | Current |
| Priti Mor | Director | 18-Nov-2014 | Current |
| Ananya Mor | Director | 19-Aug-2023 | Current |
| Mahika Mor | Director | Current |
Financial Performance of My Choice Sarees.
My Choice Sarees Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.75% increase. The company also saw a substantial improvement in profitability, with a 198.05% increase in profit. The company's net worth moved up by a moderate rise of 6.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of My Choice Sarees?
Unlock access to My Choice Sarees's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
- Bhageria Weaves Private Limited
Priti Mor is a mutual person
- Bhageria Agencies Private Limited
Priti Mor is a mutual person
Charges (Loans)
Open Charges
₹125.50 M
Satisfied Charges
₹600.44 M
Charges Breakdown by Lending Institutions
- Others : 12.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2024 | Others | ₹12.55 Cr | Open |
| 19 Nov 2019 | Canara Bank | ₹17.93 Cr | Satisfied |
| 19 Mar 2014 | Hdfc Bank Limited | ₹10.36 Cr | Satisfied |
| 20 Apr 2013 | Hdfc Bank Limited | ₹10.36 Cr | Satisfied |
| 29 Feb 2008 | Hdfc Bank Limited | ₹15.50 Cr | Satisfied |
How Many Employees Work at My Choice Sarees?
My Choice Sarees has a workforce of 71 employees as of Apr 08, 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 My Choice Sarees, 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 My Choice Sarees'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 My Choice Sarees
Recent activity within the organization
- Annual General Meeting
My Choice Sarees Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
30 Sep 2024
- Charges
A charge registered on 19 Nov 2019 via Charge ID 100302981 with Canara Bank was fully satisfied on 19 Jun 2024.
19 Jun 2024
- Charges
A charge with Others amounted to Rs. 125.50 M with Charge ID 100940487 was registered on 24 May 2024.
24 May 2024
- Balance Sheet
My Choice Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
31 Mar 2024
- Director Appointment
Ananya Mor was appointed as a Director was appointed as a Director on 19 Aug 2023 & has been associated with this company since 1 year 6 months .
19 Aug 2023
- Charges
A charge with Canara Bank of Rs. 179.30 M registered on 19 Nov 2019 with Charge ID 100302981 was modified on 22 Jun 2020.
22 Jun 2020
Frequently asked questions
What is the Incorporation or founding date of My Choice Sarees Private Limited?
My Choice Sarees Private Limited was incorporated on 26 Apr 1996.
What is authorized share capital and paid-up capital of My Choice Sarees Private Limited?
The authorized share capital of My Choice Sarees Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.24 M.
Who are the current board members & directors of My Choice Sarees Private Limited?
Currently 5 directors are associated with My Choice Sarees Private Limited.
- Rekha Mor
- Nitin Mor
- Priti Mor
- Ananya Mor
- Mahika Mor
What is the registered address of My Choice Sarees Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of My Choice Sarees Private Limited is B-16-17Mayur Kushal Complex Gufoundry India, Hyderabad, Telangana, 500001.
What is the corporate identification number (CIN) and company number of My Choice Sarees Private Limited?
The corporate identification number (CIN) of My Choice Sarees Private Limited is U51310TG1996PTC023910 and the company number is 023910 as per Ministry of Corporate Affairs (MCA).
What is the official website of My Choice Sarees Private Limited?
The Official website of My Choice Sarees Private Limited is https://www.mychoicesarees.com
What has been the recent revenue trend for My Choice Sarees Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for My Choice Sarees Private Limited has risen by 11.75%.
How many employees does My Choice Sarees Private Limited currently have?
As Per 2023 financial reports, 71 employees are currently employed by My Choice Sarees Private Limited.
What change has been observed in the net worth of My Choice Sarees Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of My Choice Sarees Private Limited has experienced an upsurge of 6.71%.
What are the total open charges for My Choice Sarees Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for My Choice Sarees Private Limited amount to ₹ 12.55 Cr.
When was the last Balance Sheet of My Choice Sarees Private Limited filed with the ROC?
The most recent Balance Sheet for My Choice Sarees Private Limited was filed with the ROC on 31 Mar 2024.
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