M G B Spinners India Private Limited
About M G B Spinners India Private Limited
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M G B Spinners India Private Limited is a private limited company based in Erode, Tamil Nadu, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 14 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17111TZ2006PTC013288. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.52 Cr. It is led by directors including Periyasamy Chidambaram and Nallamuthu Balusamy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M G B Gardens Kanagapuram Post V. Vellode (Via), Erode, Tamil Nadu, India – 638112.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.21 Lakh. For the same year it recorded a net profit of ₹2.46 Lakh (net margin 34.1%) and EBITDA of ₹3.32 Lakh (EBITDA margin 46.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
As per MCA filings, the company has satisfied charges of ₹6.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
M G B Spinners India Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressM G B Gardens Kanagapuram Post V. Vellode (Via), Erode, Tamil Nadu, India – 638112
- IndustryAppreal & Fashion, Textile, Apparel, Leather
To see the full contact details of M G B Spinners India 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
Financials of M G B Spinners India Private Limited
FY 2025 filings availableM G B Spinners India Private Limited reported revenue of ₹7.21 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years. EBITDA rose 22% 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 | ₹3.32 Lakh | ||||
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| Net Profit (PAT) | ₹2.46 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 | 46.1% | ||||
| Net Profit Margin | 34.1% | ||||
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To see the full financial statements and ratios of M G B Spinners India Private Limited, buy the company report.
Board of directors of M G B Spinners India Private Limited
M G B Spinners India has 6 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Periyasamy Chidambaram | Director | 14 Dec 2006 | 19 Years 10 Months | Current |
| Nallamuthu Balusamy | Director | 14 Dec 2006 | 19 Years 10 Months | Current |
| Krishnamoorthi Kannammal | Director | 15 Feb 2018 | 8 Years 8 Months | Current |
| Sengottaiyan Tamilarasi | Director | 15 Feb 2018 | 8 Years 8 Months | Current |
| Sengarappalayam Nachimuthu Gounder Rajan | Director | 15 Feb 2018 | 8 Years 8 Months | Current |
| Thasanayakkanpalayam Nallamuthu Shanmugam | Director | 14 Dec 2006 | 19 Years 10 Months | Current |
Auditor
M G B Spinners India Private Limited is audited by KARTHIKEYAN AND JAYARAM for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARTHIKEYAN AND JAYARAM | FY 2017 | 007570S |
Shareholding
The shareholding of M G B Spinners India 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 G B Spinners India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jan 2015 | 10556781 | The Karur Vysya Bank Limited | ₹2.6 Cr | Satisfied | |
| 10 Nov 2008 | 10131935 | Indian Bank | ₹3.7 Cr | Satisfied |
To see the full charge records of M G B Spinners India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving M G B Spinners India 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 G B Spinners India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
M G B Spinners India Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
M G B Spinners India has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of M G B Spinners India Private Limited, buy the company report.
Recent activity
M G B Spinners India Private Limited has 9 board changes on record since 2006: 6 appointments and 3 cessations. The latest: Chandrasekaran Ravichandran ceased to be Director on 15 Feb 2018.
5 earlier events are in the company report.
Frequently asked questions
M G B Spinners India is an active private limited company based in Erode, Tamil Nadu, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 14 December 2006 (20+ years old) and is registered under CIN U17111TZ2006PTC013288.
M G B Spinners India has 6 current directors:
- Periyasamy Chidambaram - Director
- Nallamuthu Balusamy - Director
- Krishnamoorthi Kannammal - Director
- Sengottaiyan Tamilarasi - Director
- Sengarappalayam Nachimuthu Gounder Rajan - Director
- Thasanayakkanpalayam Nallamuthu Shanmugam - Director
The latest financial statements of M G B Spinners India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. M G B Spinners India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of M G B Spinners India is U17111TZ2006PTC013288. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
M G B Spinners India was incorporated on 14 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Coimbatore.
Chandrasekaran Ravichandran ceased to be Director on 15 Feb 2018. Krishnamoorthi Kannammal was appointed as Director on 15 Feb 2018. Sengarappalayam Nachimuthu Gounder Rajan was appointed as Director on 15 Feb 2018. M G B Spinners India has 9 board changes on record in total.
The registered office of M G B Spinners India is at M G B Gardens Kanagapuram Post V. Vellode Via, Erode, Tamil Nadu, India – 638112.
M G B Spinners India operates in the apparel and fashion industry, in the textile segment.
M G B Spinners India has no open charges and satisfied charges of ₹6.3 Cr as per latest MCA filings.
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