M.I.T Texfab Private Limited

M.I.T Texfab Private Limited - manufacturing in Surat, Gujarat, India. Directors, charges & compliance details.
CIN U17200GJ2013PTC077725 Incorporated 03 December 2013 ROC Ahmedabad HQ Surat, Gujarat, India
Struck Off Private Limited Company manufacturing
Data last updated
Revenue · FY 2022
₹1.39 Lakh
Latest filing
Net loss · FY 2022
₹15,955
Net margin -11.5%
EBITDA · FY 2022
-₹15,955
EBITDA margin -11.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Last financials
Mar 2022
Balance sheet date

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

CIN U17200GJ2013PTC077725
Registration Number 077725
Incorporation Date 03 December 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant

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 Address
    Shop No. U. G. – 32 Golden Point Building Falsawadi Ring, Road, Surat, Gujarat, India – 395003
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of M.I.T Texfab Private Limited, buy the company report.

Comprehensive company report
M.I.T Texfab Private Limited - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products
KFinancial and insurance ServiceK8Other 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 available

M.I.T Texfab Private Limited reported revenue of ₹1.39 Lakh for FY 2022.

Revenue · FY 2022
₹1.39 Lakh
Net loss · FY 2022
₹15,955 margin -11.5%
EBITDA · FY 2022
-₹15,955 margin -11.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
3 years · compounded
▲ 146%
5 years · compounded
▼ 77%
EBITDA CAGR growth
3 years · compounded
▼ 34%
5 years · compounded
▼ 18%

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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 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

MetricsFY 2021-22FY 2020-21FY 2019-20FY 2018-19FY 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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Zoher Ishak TajmahalDirector03 Dec 201312 Years 10 MonthsAs last reported
Mumtaz Ishak TajmahalDirector03 Dec 201312 Years 10 MonthsAs 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 firmFinancial yearFirm registration number
MOHIT SHAH & ASSOCIATESFY 2017125874W

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 categoryFY 2017FY 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.

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.

AGM
M.I.T Texfab Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
M.I.T Texfab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Ahmedabad.
Appointed
Mumtaz Ishak Tajmahal was appointed as Director.
Appointed
Zoher Ishak Tajmahal was appointed as Director.
Incorporation
03 Dec 2013
M.I.T Texfab Private Limited was registered on 03 Dec 2013 with Roc Ahmedabad & aged 12 years 10 months as per MCA records.

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:

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.