Mntex Synthetics Private Limited
About Mntex Synthetics Private Limited
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Mntex Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 October 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17100MH1987PTC044950. Its GSTIN is 27AAACM3114A1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Bipinchandra Nagardas Mehta and Khyati Niraj Mehta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 117/121 Old Hanuman Laneshop No 11 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.81 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹1.44 Lakh (net margin 0.8%) and EBITDA of ₹6.43 Lakh (EBITDA margin 3.5%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 6% over five years.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mntex Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address117/121 Old Hanuman Laneshop No 11 Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Mntex Synthetics 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 activity of Mntex Synthetics is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Mntex Synthetics Private Limited, buy the company report.
Financials of Mntex Synthetics Private Limited
FY 2024 filings availableMntex Synthetics Private Limited reported revenue of ₹1.81 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 39% fall in the latest year. EBITDA rose 23% in the latest year. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.43 Lakh | ||||
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| Net Profit (PAT) | ₹1.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.5% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Mntex Synthetics Private Limited, buy the company report.
Board of directors of Mntex Synthetics Private Limited
Mntex Synthetics has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipinchandra Nagardas Mehta | Director | 12 Oct 1987 | 39 Years 0 Months | Current |
| Khyati Niraj Mehta | Director | 01 Jul 2014 | 12 Years 3 Months | Current |
| Rekha Bipinchandra Mehta | Director | 24 May 2005 | 21 Years 4 Months | Current |
| Niraj Bipin Mehta | Director | 01 Apr 1996 | 30 Years 6 Months | Current |
Peer comparison
Mntex Synthetics Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S R Nangalia and Sons (Syntex) Pvt Ltd | ₹1.82 Cr (FY 2025) | 23.0% | Kolkata, West Bengal, India | |||
| Aar Cube Enterprise Private Limited | ₹1.82 Cr (FY 2016) | 135.0% | Mumbai, Maharashtra, India | |||
| Mntex Synthetics Private Limitedthis company | ₹1.81 Cr (FY 2024) | ₹1.44 Lakh | 0.8% | -39.0% | Mumbai, Maharashtra, India | |
| SMR Fiber Trading Private Limited | ₹1.81 Cr (FY 2024) | -74.0% | Nagpur, Maharashtra, India | |||
| Vak Exim Private Limited | ₹1.81 Cr (FY 2024) | -20.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Mntex Synthetics Private Limited, buy the company report.
Auditor
Mntex Synthetics Private Limited is audited by CHATURVEDI & SHAH for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI & SHAH | FY 2020 | 101720W |
Shareholding
The shareholding of Mntex Synthetics Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Mntex Synthetics Private Limited, buy the company report.
Legal cases
Mntex Synthetics Private Limited has 2 court cases on record: 2 filed by Mntex Synthetics. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Sandip Kevakhand Jain THR. Mahaveer Textiles | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against individuals | Disposed |
To see the full case history of Mntex Synthetics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mntex Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mntex Synthetics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACM3114A1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mntex Synthetics Private Limited, buy the company report.
Recent activity
Mntex Synthetics Private Limited has 6 board changes on record since 1987: 4 appointments and 2 cessations. The latest: Khyati Niraj Mehta ceased to be Additional Director on 30 Sep 2014.
Frequently asked questions
Mntex Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 October 1987 (39+ years old) and is registered under CIN U17100MH1987PTC044950.
Mntex Synthetics has 4 current directors:
- Bipinchandra Nagardas Mehta - Director
- Khyati Niraj Mehta - Director
- Rekha Bipinchandra Mehta - Director
- Niraj Bipin Mehta - Director
The latest financial statements of Mntex Synthetics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mntex Synthetics is 27AAACM3114A1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mntex Synthetics is U17100MH1987PTC044950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mntex Synthetics has 2 court cases on record: 2 filed by the company. 1 is pending.
Mntex Synthetics was incorporated on 12 October 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Mntex Synthetics by revenue are S R Nangalia and Sons (Syntex) Pvt Ltd, Aar Cube Enterprise Private Limited, SMR Fiber Trading Private Limited, Vak Exim Private Limited, all in the Consumer Products industry (Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Khyati Niraj Mehta ceased to be Additional Director on 30 Sep 2014. Khyati Niraj Mehta was appointed as Director on 01 Jul 2014. Manjulaben Nagardas Mehta ceased to be Director on 08 Mar 2007. Mntex Synthetics has 6 board changes on record in total.
The registered office of Mntex Synthetics is at 117121 Old Hanuman Laneshop No 11 Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Mntex Synthetics operates in the home and lifestyle industry, in the textile retail and distribution segment.