Madhin Trading Private Limited
About Madhin Trading Private Limited
Data last updated:
Madhin Trading Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Gokaldas Exports Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile segment of the apparel and fashion sector. It was incorporated on 27 February 2003.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U17111KA2003PTC031643.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It was led by directors including Sundararajan Poorana Seenivasan and Lal Sudhakaran.
Its last annual general meeting (AGM) was held on 17 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 16/2 Reisdency Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.9 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹14.31 Lakh (net margin -4.9%) and EBITDA of -₹12.26 Lakh (EBITDA margin -4.2%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years.
Company details
Contact details
Madhin Trading Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16/2 Reisdency Road, Bangalore, Karnataka, India – 560025
- IndustryAppreal & Fashion, Textile, Apparel, Leather
To see the full contact details of Madhin Trading 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 Madhin Trading is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Madhin Trading Private Limited, buy the company report.
Financials of Madhin Trading Private Limited
FY 2018 filings availableMadhin Trading Private Limited reported revenue of ₹2.9 Cr (down 75% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 43% over three years, including a 75% fall in the latest year. EBITDA fell 136% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | -₹12.26 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹14.31 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.2% | |||
| Net Profit Margin | -4.9% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Madhin Trading Private Limited, buy the company report.
Board of directors of Madhin Trading Private Limited
Madhin Trading has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundararajan Poorana Seenivasan | Director | 23 May 2016 | 10 Years 5 Months | As last reported |
| Lal Sudhakaran | Director | 14 Sep 2018 | 8 Years 1 Months | As last reported |
| Sathyamurthy Annamalai Also directs: All Colour Garments Private Limited, Gokaldasexports Acharpura Private Limited, Sri Susamyuta Knits Private Limited and 3 more | Director | 10 Feb 2016 | 10 Years 8 Months | As last reported |
| Padala Ramababu | Director | 22 Jun 2015 | 11 Years 4 Months | As last reported |
Peer comparison
Madhin Trading Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Raj Sulz Enterprises Private Limited | ₹2.91 Cr (FY 2025) | 9.0% | Bhilwara, Rajasthan, India | |||
| Jatin Cotton Mills Private Limited | ₹2.91 Cr (FY 2024) | -62.0% | Ichalkaranji, Maharashtra, India | |||
| Tirthankar Ventures Private Limited | ₹2.91 Cr (FY 2025) | 133.0% | Kamrej, Gujarat, India | |||
| Nova Hosiery Mills Private Limited | ₹2.91 Cr (FY 2025) | 7.0% | Ludhiana, Punjab, India | |||
| Shibumi Fashion Private Limited | ₹2.91 Cr (FY 2024) | -14.0% | Hyderabad, Telangana, India | |||
| Madhin Trading Private Limitedthis company | ₹2.9 Cr (FY 2018) | -₹14.31 Lakh | -4.9% | -75.0% | Bangalore, Karnataka, India | |
| Tough & Dope Fashion Private Limited | ₹2.9 Cr (FY 2024) | Ludhiana, Punjab, India | ||||
| Samir Cotton Industries Private Limited | ₹2.9 Cr (FY 2022) | 485.0% | Nagpur, Maharashtra, India | |||
| Chakolas Spinning and Weaving Mills Private Limited | ₹2.9 Cr (FY 2025) | -22.0% | Ernakulam, Kerala, India | |||
| Ganga Design Company Limited | ₹2.89 Cr (FY 2018) | -67.0% | Uttar Pradesh, India | |||
| Om Casual Wears Private Limited | ₹2.89 Cr (FY 2025) | -21.0% | Saket, New Delhi, Delhi, India |
To see the full peer comparison of Madhin Trading Private Limited, buy the company report.
Auditor
Madhin Trading Private Limited is audited by V M PAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V M PAL & CO | FY 2017 | 09075S |
Shareholding
The shareholding of Madhin Trading 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 Madhin Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Madhin Trading 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 Madhin Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Madhin Trading Private Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
No GST registration is on our record for Madhin Trading Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Madhin Trading Private Limited has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Lal Sudhakaran ceased to be Additional Director on 17 Sep 2018.
5 earlier events are in the company report.
Frequently asked questions
Madhin Trading has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Madhin Trading was a private limited company based in Bangalore, Karnataka, India. The company worked in textile, within the apparel and fashion industry. It was incorporated on 27 February 2003 and is registered under CIN U17111KA2003PTC031643. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Madhin Trading was incorporated on 27 February 2003. It is registered with the Registrar of Companies, Bangalore.
Madhin Trading had 4 directors:
- Sundararajan Poorana Seenivasan - Director
- Lal Sudhakaran - Director
- Sathyamurthy Annamalai - Director
- Padala Ramababu - Director
The CIN (Corporate Identification Number) of Madhin Trading is U17111KA2003PTC031643. 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 Madhin Trading is at 162 Reisdency Road, Bangalore, Karnataka, India – 560025.
The latest financial statements of Madhin Trading on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 17 September 2018. Year-wise statements from 2015 are in the company report.
Madhin Trading operated in the apparel and fashion industry, in the textile segment.
The peers of Madhin Trading by revenue are Raj Sulz Enterprises Private Limited, Jatin Cotton Mills Private Limited, Tirthankar Ventures Private Limited, Nova Hosiery Mills Private Limited, Shibumi Fashion Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Lal Sudhakaran ceased to be Additional Director on 17 Sep 2018. Kyathasandra Vasudev Raghavendra Prasad ceased to be Director on 14 Sep 2018. Lal Sudhakaran was appointed as Director on 14 Sep 2018. Madhin Trading has 14 board changes on record in total.
Madhin Trading can be reached at its registered office: 162 Reisdency Road, Bangalore, Karnataka, India – 560025.