Madhavanand Tex Fab Private Limited
About Madhavanand Tex Fab Private Limited
Data last updated:
Madhavanand Tex Fab Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 11 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17120GJ2015PTC085350. Its GSTIN is 24AAKCM0712G1ZV (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sagarbhai Dipakbhai Jivani and Chirag Gordhanbhai Vaghani.
Its last annual general meeting (AGM) was held on 29 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Bunglow No. 35 Sy No. 99 – 101 – 112 Gurunagar Soc. Varachha Road, Surat, Gujarat, India – 395006.
As per the financials filed for FY 2019, the company reported a revenue of ₹10.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.23 Lakh (net margin 0.1%) and EBITDA of ₹4.58 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 247% over three years.
As per MCA filings, the company has open charges of ₹22.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Madhavanand Tex Fab Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressBunglow No. 35 Sy No. 99 – 101 – 112 Gurunagar Soc. Varachha Road, Surat, Gujarat, India – 395006
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Madhavanand Tex Fab 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 Madhavanand Tex Fab 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 Madhavanand Tex Fab Private Limited, buy the company report.
Financials of Madhavanand Tex Fab Private Limited
FY 2019 filings availableMadhavanand Tex Fab Private Limited reported revenue of ₹10.4 Cr (up 1565% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 247% over three years. EBITDA rose 292% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹4.58 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.23 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0.4% | |||
| Net Profit Margin | 0.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Madhavanand Tex Fab Private Limited, buy the company report.
Board of directors of Madhavanand Tex Fab Private Limited
Madhavanand Tex Fab has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagarbhai Dipakbhai Jivani | Director | 11 Dec 2015 | 10 Years 11 Months | Current |
| Chirag Gordhanbhai Vaghani | Director | 11 Dec 2015 | 10 Years 11 Months | Current |
Auditor
Madhavanand Tex Fab Private Limited is audited by HRV Marshall & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HRV Marshall & Associates | FY 2017 | 134578W |
Shareholding
The shareholding of Madhavanand Tex Fab 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 Madhavanand Tex Fab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2017 | 100131044 | Others | ₹22.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Madhavanand Tex Fab Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by I.C.I.C.I Bank Ltd Through Authorized Officer Bhavesh Mahendrabhai Dastanwala | Disposed |
To see the full case history of Madhavanand Tex Fab 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 Madhavanand Tex Fab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Madhavanand Tex Fab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAKCM0712G1ZV | Gujarat | Active | 18 Sep 2017 |
To see the full GST registrations and return filing status of Madhavanand Tex Fab Private Limited, buy the company report.
Recent activity
Madhavanand Tex Fab Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Praful Himmatbhai Sojitra ceased to be Director on 29 Jun 2020.
Frequently asked questions
Madhavanand Tex Fab is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 11 December 2015 (11+ years old) and is registered under CIN U17120GJ2015PTC085350.
Madhavanand Tex Fab has 2 current directors:
- Sagarbhai Dipakbhai Jivani - Director
- Chirag Gordhanbhai Vaghani - Director
The latest financial statements of Madhavanand Tex Fab on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 29 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Madhavanand Tex Fab is 24AAKCM0712G1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Madhavanand Tex Fab is U17120GJ2015PTC085350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madhavanand Tex Fab has 1 court case on record: 1 filed against it.
Madhavanand Tex Fab was incorporated on 11 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Praful Himmatbhai Sojitra ceased to be Director on 29 Jun 2020. Chirag Gordhanbhai Vaghani was appointed as Director on 11 Dec 2015. Sagarbhai Dipakbhai Jivani was appointed as Director on 11 Dec 2015.
The registered office of Madhavanand Tex Fab is at Bunglow No. 35 Sy No. 99 – 101 – 112 Gurunagar Soc. Varachha Road, Surat, Gujarat, India – 395006.
Madhavanand Tex Fab operates in the manufacturing industry, in the textile and fabric production segment.
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