Maxis Weaving Machines Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 9 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.30 Cr
- Satisfied Charges ₹ 4.30 Cr
- Revenue Growth -15.74%
- Profit Growth 513.21%
- Ebitda -136.60%
- Net Worth 20.86%
- Total Assets 1.70%
About Maxis Weaving Machines
Maxis Weaving Machines Limited (MWML) is a Public Limited Indian Non-Government Company incorporated in India on 26 May 2015 (Nine years and eight months 20 days old ). Its registered office is in Namakkal, Tamil Nadu, India.
The Corporate was formerly known as Vaari Textile Machine India Limited. The Company is engaged in the Machinery And Equipment 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹3.30 Cr. The company has closed loans amounting to ₹4.30 Cr, as per Ministry of Corporate Affairs (MCA) records.
Murungaikadu Sathishraj, Susila, and Sekar Sudha serve as directors at the Company.
Company Details
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Location
Namakkal, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29269TZ2015PLC021425
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Company No.
021425
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
26 May 2015
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
What products or services does Maxis Weaving Machines Limited offer?
Maxis Weaving Machines Limited offers a wide range of products and services, including Pressure Roller, Wire Drawing Machines, Wire Take-Up Machine, Machine Parts, Industrial Machinery Parts, Rapier Loom, Apparel & Textile Machinery, Texturing Machines, Physiotherapy & Rehab Aids, Vacuum Therapy & Laser Therapy Equipments.
Who are the key members and board of directors at Maxis Weaving Machines?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Murungaikadu Sathishraj
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Director | 26-May-2015 | Current |
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Susila
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Whole-Time Director | 26-May-2015 | Current |
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Sekar Sudha
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Director | 27-Nov-2023 | Current |
Financial Performance of Maxis Weaving Machines.
Maxis Weaving Machines Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.74% decrease. The company also saw a substantial improvement in profitability, with a 513.21% increase in profit. The company's net worth Soared by an impressive increase of 20.86%.
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What is the Ownership and Shareholding Structure of Maxis Weaving Machines?
In 2023, Maxis Weaving Machines 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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Maxis Textile Private LimitedMurungaikadu Sathishraj and Sekar Sudha are mutual person
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Tmm Hi-Tech Research & Development Foundation
Murungaikadu Sathishraj is a mutual person
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Kumaraa Trading Llp
Susila is a mutual person
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Ramesh Yarrns India Private Limited
Sekar Sudha is a mutual person
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Sathyasudha Shares Private Limited
Sekar Sudha is a mutual person
Charges (Loans)
₹33.00 M
₹43.00 M
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 3.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 2022 | Axis Bank Limited | ₹8.00 M | Open |
| 08 Sep 2022 | Axis Bank Limited | ₹2.50 Cr | Open |
| 08 Jul 2020 | Others | ₹4.30 Cr | Satisfied |
How Many Employees Work at Maxis Weaving Machines?
Maxis Weaving Machines has a workforce of 18 employees as of Mar 29, 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 Maxis Weaving Machines, 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 Maxis Weaving Machines'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.
