Mynah Industries Limited

Textile manufacturing and trading, specializing in combed cotton and blended fabrics, also trades steel.

1993 | Krishnagiri, Tamil Nadu (India) | Active
Last Updated:

Mynah Industries Profile

Key Indicators

  • Authorised Capital ₹ 41.00 Cr
  • Paid Up Capital ₹ 41.00 Cr
  • Company Age 32 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 352.78 Cr
  • Revenue Growth -81.81%
  • Profit Growth 204.51%
  • Ebitda 95.39%
  • Net Worth 102.08%
  • Total Assets -96.96%

About Mynah Industries

Mynah Industries Limited (MIL) is a Public Limited Indian Non-Government Company incorporated in India on 12 March 1993 and has a history of 32 years and one month. Its registered office is in Krishnagiri, Tamil Nadu, India.

The Corporate was formerly known as Rama Qualitex 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 2024. It's a company limited by shares with an authorized capital of Rs 41.00 Cr and a paid-up capital of Rs 41.00 Cr.

The company has closed loans amounting to ₹352.78 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mynah Industries Limited India are Eaduguri Reddy as CFO and Garima Garg as Company Secretary. Bodugu Sudhakar, Bodugu Geetha, and Eaduguri Reddy serve as directors at the Company.

Company Details

  • Location

    Krishnagiri, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1993PLC006729

  • Company No.

    006729

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1993

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing
Metals and Minerals

What products or services does Mynah Industries Limited offer?

Mynah Industries Limited offers a wide range of products and services, including Cotton Textile, Cotton Grey Fabric, Yarns & Threads, Polyester Yarn.

Company report

Mynah Industries Limited

Explore comprehensive data for Mynah Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Bodugu Sudhakar Country flag representing In Managing Director15-Dec-2020Current
Eaduguri Reddy CFO15-Dec-2020Current
Garima Garg Company Secretary01-Mar-2021Current

Board Members (1)

NameDesignationAppointment DateStatus
Bodugu Geetha Country flag representing In Director 15-Dec-2020Current

Financial Performance of Mynah Industries.

Mynah Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 81.81% decrease. The company also saw a substantial improvement in profitability, with a 204.51% increase in profit. The company's net worth Soared by an impressive increase of 102.08%.

Mynah Industries revenue growth over time
Mynah 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
-81.81%
Revenue from Operations
Total Assets
-96.96%
Profit or Loss
204.51%
Net Worth
102.08%
EBITDA
95.39%

What is the Ownership and Shareholding Structure of Mynah Industries?

In 2022, Mynah Industries had a promoter holding of 89.22% and a public holding of 10.78%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹352.78 Cr

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India : 139.75 Cr
  • State Bank Of India : 82.00 Cr
  • Reliance Capital Ltd : 32.87 Cr
  • Vijaya Bank : 30.00 Cr
  • The Shamrao Vithal Co-Operative Bank Limited : 27.00 Cr
  • Others : 41.15 Cr

Latest Charge Details

DateLenderAmountStatus
22 May 2013Dhanlaxmi Bank Limited₹20.00 CrSatisfied
02 May 2013Vijaya Bank₹30.00 CrSatisfied
11 May 2012Reliance Capital Ltd₹3.75 MSatisfied
14 Jun 2011Religare Finvest Limited₹1.23 MSatisfied
30 Mar 2011Reliance Capital Ltd₹32.00 CrSatisfied

How Many Employees Work at Mynah Industries?

Unlock and access historical data on people associated with Mynah Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mynah Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mynah 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 Mynah 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 Mynah Industries

Recent activity within the organization

  • Annual General Meeting

    Mynah Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Mynah Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge registered on 14 Jun 2011 via Charge ID 10299906 with Religare Finvest Limited was fully satisfied on 01 Jun 2021.

  • Charges

    A charge registered on 11 May 2012 via Charge ID 10356785 with Reliance Capital Ltd was fully satisfied on 07 May 2021.

  • Charges

    A charge registered on 02 May 2013 via Charge ID 10423740 with Vijaya Bank was fully satisfied on 21 Apr 2021.

  • Charges

    A charge registered on 18 Dec 2009 via Charge ID 10191391 with State Bank Of India was fully satisfied on 17 Apr 2021.

Frequently asked questions

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

    Mynah Industries Limited was incorporated on 12 Mar 1993.

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

    The authorized share capital of Mynah Industries Limited is ₹ 41.00 Cr and paid-up capital is ₹ 41.00 Cr.

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

    Currently 5 directors are associated with Mynah Industries Limited.

    • Bodugu Sudhakar
    • Bodugu Geetha
    • Eaduguri Raghunatha Reddy
    • Eaduguri Raghunatha Reddy
    • Garima Garg

  • What is the registered address of Mynah Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mynah Industries Limited is S No 66/2 Mugalapalli Village Hosur Tk India, Dharmapuri, Tamil Nadu, 635105.

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

    The corporate identification number (CIN) of Mynah Industries Limited is U17111TZ1993PLC006729 and the company number is 006729 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Mynah Industries Limited?

    The Official website of Mynah Industries Limited is https://www.mynah.co.in

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Mynah Industries Limited has fallen by -81.81%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mynah Industries Limited has experienced an upsurge of 102.08%.

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

    The most recent Balance Sheet for Mynah Industries Limited was filed with the ROC on 31 Mar 2024.

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