West India Textile Mills Pvt Ltd

Textile manufacturer and trader offering a variety of fabrics, incorporated in 1980.

1980 | Ahmedabad, Gujarat (India) | Active
Last Updated: October 23, 2024

West India Textile Mills Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.70 M
  • Company Age 44 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.85 Cr
  • Satisfied Charges ₹ 10.04 Cr
  • Revenue Growth 100.88%
  • Profit Growth 82.03%
  • Ebitda 12.90%
  • Net Worth 5.23%
  • Total Assets 27.53%

About West India Textile Mills

West India Textile Mills Pvt Ltd (WITMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 May 1980 and has a history of 44 years and eight months. Its registered office is in Ahmedabad, Gujarat, 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 2.00 M and a paid-up capital of Rs 0.70 M.

The company currently has active open charges totaling ₹7.85 Cr. The company has closed loans amounting to ₹10.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Maloo Mohanlal, Motilal Maloo, and Gyani Maloo serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1980PTC003779

  • Company No.

    003779

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 May 1980

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does West India Textile Mills Pvt Ltd offer?

West India Textile Mills Pvt Ltd offers a wide range of products and services, including Viscose & Rayon Fabric, Printed Rayon Fabric, Natural Fabric, Printed Cotton Fabric, Cambric Cotton Fabric, Rayon Check Fabric, Cotton Textile, Cotton Voile Fabric.

Who are the key members and board of directors at West India Textile Mills?

Board Members (3)

Name Designation Appointment Date Status
Maloo Mohanlal Country flag representing In Director 23-Apr-1981 Current
Motilal Maloo Country flag representing In Additional Director 10-May-2024 Current
Gyani Maloo Country flag representing In Director 19-Aug-1996 Current

Financial Performance of West India Textile Mills.

West India Textile Mills Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 100.88% increase. The company also saw a substantial improvement in profitability, with a 82.03% increase in profit. The company's net worth moved up by a moderate rise of 5.23%.

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
100.88%
Revenue from Operations
100.87%
Total Assets
27.53%
Profit or Loss
82.03%
Net Worth
5.23%
EBITDA
12.90%

What is the Ownership and Shareholding Structure of West India Textile Mills?

In 2023, West India Textile Mills had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹78.54 M

Satisfied Charges

₹100.40 M

Charges Breakdown by Lending Institutions

  • Others : 7.32 Cr
  • Sidbi : 0.54 Cr

Latest Charge Details

Date Lender Amount Status
09 Aug 2024 Sidbi ₹5.38 M Open
04 Dec 2023 Others ₹2.67 Cr Open
04 Dec 2023 Others ₹4.65 Cr Open
16 Oct 2021 Axis Bank Limited ₹2.50 Cr Satisfied
05 Aug 2021 Axis Bank Limited ₹4.41 M Satisfied

How Many Employees Work at West India Textile Mills?

West India Textile Mills has a workforce of 15 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 West India Textile Mills, 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 West India Textile Mills'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 West India Textile Mills

Recent activity within the organization

  • Charges

    A charge registered on 27 Nov 2017 via Charge ID 100139934 with Hdfc Bank Limited was fully satisfied on 13 Aug 2024.

    13 Aug 2024

  • Charges

    A charge with Sidbi amounted to Rs. 5.38 M with Charge ID 100967053 was registered on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge registered on 16 Oct 2021 via Charge ID 100495470 with Axis Bank Limited was fully satisfied on 02 Aug 2024.

    02 Aug 2024

  • Charges

    A charge registered on 05 Aug 2021 via Charge ID 100498011 with Axis Bank Limited was fully satisfied on 02 Aug 2024.

    02 Aug 2024

  • Director Appointment

    Motilal Prabhulal Maloo was appointed as a Additional Director was appointed as a Additional Director on 10 May 2024 & has been associated with this company since 8 months 25 days .

    10 May 2024

  • Charges

    A charge with Others of Rs. 46.46 M registered on 04 Dec 2023 with Charge ID 100836343 was modified on 21 Mar 2024.

    21 Mar 2024

Frequently asked questions

  • West India Textile Mills Pvt Ltd was incorporated on 20 May 1980.

  • The authorized share capital of West India Textile Mills Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 0.70 M.

  • Currently 3 directors are associated with West India Textile Mills Pvt Ltd.

    • Maloo Prabhulal Mohanlal
    • Motilal Prabhulal Maloo
    • Gyani Ram Maloo
  • As per Ministry of Corporate Affairs (Mca), the registered address of West India Textile Mills Pvt Ltd is 202 Shivalik Tower Panchwati India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of West India Textile Mills Pvt Ltd is U17119GJ1980PTC003779 and the company number is 003779 as per Ministry of Corporate Affairs (MCA).

  • The Official website of West India Textile Mills Pvt Ltd is https://www.westindiatextiles.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for West India Textile Mills Pvt Ltd has risen by 100.88%.

  • As Per 2023 financial reports, 15 employees are currently employed by West India Textile Mills Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of West India Textile Mills Pvt Ltd has experienced an upsurge of 5.23%.

  • As per the financial statements for fiscal Year 2023, The total open charges for West India Textile Mills Pvt Ltd amount to ₹ 7.85 Cr.

  • The most recent Balance Sheet for West India Textile Mills Pvt Ltd was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile & Fabric Production