Tex Year Industrial Adhesives Private Limited

Manufacturer of hot melt adhesives and glue guns, exporting to Asia, Middle East, and Africa.

2008 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Tex Year Industrial Adhesives Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.05 M
  • Company Age 16 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.57 Cr
  • Satisfied Charges ₹ 1.40 Cr
  • Revenue Growth 25.61%
  • Profit Growth -37.45%
  • Ebitda -15.35%
  • Net Worth 7.09%
  • Total Assets -4.44%

About Tex Year Industrial Adhesives

Tex Year Industrial Adhesives Private Limited (TYIAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 September 2008 and has a history of 16 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Industrial Adhesives Private Limited. The Company is engaged in the Chemicals And Materials 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 2.50 M and a paid-up capital of Rs 2.05 M.

The company currently has active open charges totaling ₹17.57 Cr. The company has closed loans amounting to ₹1.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pranav Mehta, Mahendra Doshi, Chih Kao, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25199MH2008PTC186360

  • Company No.

    186360

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 2008

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Tex Year Industrial Adhesives Private Limited offer?

Tex Year Industrial Adhesives Private Limited offers a wide range of products and services, including Carry Bags and Multiutility Bags & Pouches, Equipment Cases, Adhesives, Glue and Sealants, Hot Melt Adhesives, Body Fillers, Conductive Adhesive, Epoxy Adhesives, Adhesive Gum.

Who are the key members and board of directors at Tex Year Industrial Adhesives?

Board Members (4)

Name Designation Appointment Date Status
Pranav Mehta Country flag representing In Director 01-Sep-2008 Current
Mahendra Doshi Country flag representing In Director 01-Sep-2008 Current
Chih Kao Country flag representing Cn Director 01-Aug-2016 Current
Chun Liang Country flag representing Tw Director 12-Aug-2022 Current

Financial Performance of Tex Year Industrial Adhesives.

Tex Year Industrial Adhesives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.61% increase. The company also saw a substantial fall in profitability, with a 37.45% decrease in profit. The company's net worth moved up by a moderate rise of 7.09%.

Graph illustrating revenue growth over time
Graph showing 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
25.61%
Revenue from Operations
25.48%
Total Assets
-4.44%
Profit or Loss
-37.45%
Net Worth
7.09%
EBITDA
-15.35%

What is the Ownership and Shareholding Structure of Tex Year Industrial Adhesives?

In 2023, Tex Year Industrial Adhesives had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹175.69 M

Satisfied Charges

₹14.00 M

Charges Breakdown by Lending Institutions

  • Others : 17.57 Cr

Latest Charge Details

Date Lender Amount Status
21 May 2024 Others ₹9.71 Cr Open
27 Sep 2010 Others ₹7.86 Cr Open
25 May 2010 The Zoroastrian Co-Operative Bank Limited ₹1.00 M Satisfied
24 Aug 2009 The Zoroastrian Co-Operative Bank Limited ₹3.00 M Satisfied
09 Apr 2009 The Zoroastrian Co-Operative Bank Limited ₹3.50 M Satisfied

How Many Employees Work at Tex Year Industrial Adhesives?

Tex Year Industrial Adhesives has a workforce of 35 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tex Year Industrial Adhesives, 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 Tex Year Industrial Adhesives'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 Tex Year Industrial Adhesives

Recent activity within the organization

  • Annual General Meeting

    Tex Year Industrial Adhesives 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 with Others of Rs. 97.07 M registered on 21 May 2024 with Charge ID 100920507 was modified on 24 May 2024.

    24 May 2024

  • Charges

    A charge with Others amounted to Rs. 97.07 M with Charge ID 100920507 was registered on 21 May 2024.

    21 May 2024

  • Charges

    A charge with Others of Rs. 78.62 M registered on 27 Sep 2010 with Charge ID 10252726 was modified on 10 Apr 2024.

    10 Apr 2024

  • Balance Sheet

    Tex Year Industrial Adhesives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Chun Wei Liang was appointed as a Director was appointed as a Director on 12 Aug 2022 & has been associated with this company since 2 years 5 months .

    12 Aug 2022

Frequently asked questions

  • Tex Year Industrial Adhesives Private Limited was incorporated on 01 Sep 2008.

  • The authorized share capital of Tex Year Industrial Adhesives Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.05 M.

  • Currently 4 directors are associated with Tex Year Industrial Adhesives Private Limited.

    • Pranav Kirti Mehta
    • Mahendra Ramniklal Doshi
    • Chih Wen Kao
    • Chun Wei Liang
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tex Year Industrial Adhesives Private Limited is 704 D Square Opp Cnms School Dadabhai Road, Vile Parle West India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of Tex Year Industrial Adhesives Private Limited is U25199MH2008PTC186360 and the company number is 186360 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tex Year Industrial Adhesives Private Limited is https://www.hotmelt-adhesive.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tex Year Industrial Adhesives Private Limited has risen by 25.61%.

  • As Per 2023 financial reports, 35 employees are currently employed by Tex Year Industrial Adhesives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tex Year Industrial Adhesives Private Limited has experienced an upsurge of 7.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tex Year Industrial Adhesives Private Limited amount to ₹ 17.57 Cr.

  • The most recent Balance Sheet for Tex Year Industrial Adhesives Private Limited was filed with the ROC on 31 Mar 2024.

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