
M.I.T Texfab Private Limited
About M.I.T Texfab Private Limited
Data last updated:
M.I.T Texfab Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 03 December 2013.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17200GJ2013PTC077725.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Zoher Ishak Tajmahal and Mumtaz Ishak Tajmahal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Surat, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.39 Lakh. For the same year it recorded a net loss of ₹15,955 (net margin -11.5%) and EBITDA of -₹15,955 (EBITDA margin -11.5%). Revenue has declined at a compounded annual rate (CAGR) of 146% over three years and 77% over five years.
Company details
Contact details
M.I.T Texfab Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No. U. G. – 32 Golden Point Building Falsawadi Ring, Road, Surat, Gujarat, India – 395003
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of M.I.T Texfab Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activities of M.I.T Texfab are manufacturing and financial and insurance service. In detail, this covers textile, leather and other apparel products and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of M.I.T Texfab Private Limited, buy the company report.
Financials of M.I.T Texfab Private Limited
FY 2022 filings availableM.I.T Texfab Private Limited reported revenue of ₹1.39 Lakh for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹15,955 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15,955 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.5% | ||||
| Net Profit Margin | -11.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of M.I.T Texfab Private Limited, buy the company report.
Board of directors of M.I.T Texfab Private Limited
M.I.T Texfab has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zoher Ishak Tajmahal | Director | 03 Dec 2013 | 12 Years 10 Months | As last reported |
| Mumtaz Ishak Tajmahal | Director | 03 Dec 2013 | 12 Years 10 Months | As last reported |
Peer comparison
M.I.T Texfab Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rar Textiles Private Limited | ₹1.4 Lakh (FY 2022) | -67.0% | Agra, Uttar Pradesh, India | |||
| Milind Kshirsagar Textiles Pvt Ltd | ₹1.4 Lakh (FY 2025) | 7.0% | Solapur, Maharashtra, India | |||
| M.I.T Texfab Private Limitedthis company | ₹1.39 Lakh (FY 2022) | -₹15,955 | -11.5% | Surat, Gujarat, India | ||
| Vijai Cloth Mills Private Limited | ₹1.38 Lakh (FY 2025) | 15.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of M.I.T Texfab Private Limited, buy the company report.
Auditor
M.I.T Texfab Private Limited is audited by MOHIT SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MOHIT SHAH & ASSOCIATES | FY 2017 | 125874W |
Shareholding
The shareholding of M.I.T Texfab Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of M.I.T Texfab Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving M.I.T Texfab Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for M.I.T Texfab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for M.I.T Texfab Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
M.I.T Texfab Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mumtaz Ishak Tajmahal was appointed as Director on 03 Dec 2013.
Frequently asked questions
M.I.T Texfab has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
M.I.T Texfab was a private limited company based in Surat, Gujarat, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 03 December 2013 and is registered under CIN U17200GJ2013PTC077725. The company has been struck off by the Registrar of Companies and is no longer operational.
M.I.T Texfab had 2 directors:
- Zoher Ishak Tajmahal - Director
- Mumtaz Ishak Tajmahal - Director
The CIN (Corporate Identification Number) of M.I.T Texfab is U17200GJ2013PTC077725. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of M.I.T Texfab is at Shop No. U. G. – 32 Golden Point Building Falsawadi Ring, Road, Surat, Gujarat, India – 395003.
M.I.T Texfab was incorporated on 03 December 2013. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of M.I.T Texfab on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
M.I.T Texfab operated in the manufacturing industry, in the textile and fabric production segment. It worked in this industry before it was struck off.
The peers of M.I.T Texfab by revenue are Rar Textiles Private Limited, Milind Kshirsagar Textiles Pvt Ltd, Vijai Cloth Mills Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Mumtaz Ishak Tajmahal was appointed as Director on 03 Dec 2013. Zoher Ishak Tajmahal was appointed as Director on 03 Dec 2013.
The compliance status of M.I.T Texfab is compliant as of 08 August 2026.

