About Mahaalaxmi Texpro Limited
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Mahaalaxmi Texpro Limited is a public limited company based in Kolhapur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 01 September 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN L51491PN1993PLC073706. Its GSTIN is 27AACCA0323P1ZR (Maharashtra). It is recorded as listed by MCA, but trading in its shares on BSE (532831) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹3.37 Cr. It was formerly known as Abhishek Cotspin Mills Ltd. and Abhishek Mills Limited. It is led by directors including Deepak Chaganlal Choudhari (Managing Director) and Madhubala Deepak Choudhari.
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 Gat No 148 Tamgaon Kolhapur Hupari Road Tal Karveer Dist Kolhapur, Maharashtra, India – 416234.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.94 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹25.29 Cr (net margin -318.6%) and EBITDA of -₹22.85 Cr (EBITDA margin -287.9%).
The company has about 204 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Abhishek Corporation. As per MCA filings, the company has open charges of ₹131.86 Cr and satisfied charges of ₹408.92 Cr on record. Court records list 53 cases involving the company, including 11 filed by the company and 42 filed against it; 11 cases are pending. The company has 17 deals on record (15 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in March 2010. Its 7 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 5 smaller; the largest is Srinivasa Se Home Private Limited with revenue of ₹7.95 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abhishekcorporation.com.
Company details
Name history
Mahaalaxmi Texpro has undergone 3 name changes throughout its history. The company was previously known as Abhishek Cotspin Mills Ltd., Abhishek Mills Limited, and Mahaalaxmi Texpro Limited. The current legal name is Mahaalaxmi Texpro Limited.
| Company Name | Status |
|---|---|
| Mahaalaxmi Texpro Limited | Current |
| Abhishek Cotspin Mills Ltd. | Previous |
| Abhishek Mills Limited | Previous |
CIN history
Mahaalaxmi Texpro has one previous CIN (Corporate Identification Number): U51491PN1993PLC073706. The current CIN is L51491PN1993PLC073706, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51491PN1993PLC073706 | Current |
| U51491PN1993PLC073706 | Previous |
Contact details
Mahaalaxmi Texpro Limited's registered office is in Kolhapur, Maharashtra. Its website is abhishekcorporation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGat No 148 Tamgaon Kolhapur Hupari Road Tal Karveer Dist Kolhapur, Maharashtra, India – 416234
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mahaalaxmi Texpro 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
Brands
Mahaalaxmi Texpro operates one associated brand: Abhishek Corporation. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Abhishek Corporation was founded in 1993 in Kolhapur, India. | abhishekcorporation.com |
Business activity
The main business activity of Mahaalaxmi Texpro 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 Mahaalaxmi Texpro Limited, buy the company report.
Financials of Mahaalaxmi Texpro Limited
FY 2025 filings availableMahaalaxmi Texpro Limited reported revenue of ₹7.94 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year. EBITDA fell 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹22.85 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹25.29 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -287.9% | ||||
| Net Profit Margin | -318.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mahaalaxmi Texpro Limited, buy the company report.
Board of directors of Mahaalaxmi Texpro Limited
Mahaalaxmi Texpro has 6 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Chaganlal Choudhari Also directs: Girnar Spintex Industries Limited, Siddarth Emporium India Priavte Limited, Manibhadra Polycot Private Limited and 1 more | Managing Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Madhubala Deepak Choudhari Also directs: Girnar Spintex Industries Limited | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Veerendra Mohanrao Mane Also directs: Smlexcel Private Limited | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Dhruv Jain Also directs: Girnar Spintex Industries Limited | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Mandar Deepak Jadhav | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Tausif Gaus Solapure | Director | 15 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Mahaalaxmi Texpro Limited is compared with the 7 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Srinivasa Se Home Private Limited | ₹7.95 Cr (FY 2025) | 1112.0% | Rajapalayam, Tamil Nadu, India | |||
| Nangalia Sizers Private Limited | ₹7.95 Cr (FY 2025) | 1.0% | Surat, Gujarat, India | |||
| Mahaalaxmi Texpro Limitedthis company | ₹7.94 Cr (FY 2025) | -₹25.29 Cr | -318.6% | -19.0% | 204 | Kolhapur, Maharashtra, India |
| Pure Diamond Textiles Private Limited | ₹7.94 Cr (FY 2024) | -28.0% | Dadar West, Maharashtra, India | |||
| Remex Polyfabs Private Limited | ₹7.93 Cr (FY 2024) | 455790.0% | Mangrol, Gujarat, India | |||
| Anish Texfab Private Limited | ₹7.93 Cr (FY 2025) | 37.0% | Bhilwara, Rajasthan, India | |||
| Sampletech Private Limited | ₹7.92 Cr (FY 2025) | 72.0% | Kalyan, Maharashtra, India | |||
| Hari Tapes Pvt Ltd | ₹7.92 Cr (FY 2024) | -2.0% | Valsad, Gujarat, India |
To see the full peer comparison of Mahaalaxmi Texpro Limited, buy the company report.
Auditor
Mahaalaxmi Texpro Limited is audited by A R N A & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R N A & Associates | FY 2022 | 122293W |
Shareholding
The shareholding of Mahaalaxmi Texpro Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahaalaxmi Texpro Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2009 | 10190428 | Corporation Bank | ₹35.36 Cr | Satisfied | |
| 01 Jun 2009 | 10163824 | Corporation Bank | ₹35.36 Cr | Satisfied | |
| 03 Nov 2008 | 10134724 | Corporation Bank | ₹3.5 Cr | Satisfied | |
| 04 Sep 2008 | 10121799 | Edelweiss Asset Reconstruction Company Limited | ₹45 Cr | Satisfied | |
| 12 Jun 2008 | 10149434 | Edelweiss Asset Reconstruction Company Limited | ₹6 Cr | Satisfied |
To see the full charge records of Mahaalaxmi Texpro Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Mahaalaxmi Texpro Limited has 17 deals on record (15 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in March 2010.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2007 | Market trade | ₹1.12 Cr | Buyer: H J Securities Private Limited Seller: H J Securities Private Limited |
| Apr 2007 | Market trade | ₹1.68 Cr | Buyer: JMP Securities Private Limited , 2 individuals Seller: 2 individuals |
| Mar 2007 | Market trade | ₹2.8 Cr | Buyer: Opg Securities Private Limited , an individual Seller: Opg Securities Private Limited , an individual |
| Mar 2007 | Market trade | ₹6.27 Cr | Buyer: Latin Manharlal Securities Private Limited , an individual Seller: Latin Manharlal Securities Private Limited , Hsbc Financial Services M, an individual |
| Mar 2007 | Market trade | ₹34.17 Cr | Buyer: H J Securities Private Limited , Opg Securities Private Limited , 2 individuals Seller: H J Securities Private Limited , Opg Securities Private Limited , 2 individuals |
To see the full deal history of Mahaalaxmi Texpro Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahaalaxmi Texpro Limited has 53 court cases on record: 11 filed by Mahaalaxmi Texpro, 42 filed against it. 11 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 36 | 30 | 8 |
| High courts | 14 | 9 | 2 |
| NCLAT | 2 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 53)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by M/S. Nina Concrete Systems Pvt. Ltd. | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Cr. U.L.P) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IC) | Filed against the company by an individual | Pending |
| District court, Kolhapur, Maharashtra | Court case (R.C.A.) | Filed against the company by an individual | Pending |
To see the full case history of Mahaalaxmi Texpro 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 Mahaalaxmi Texpro Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahaalaxmi Texpro Limited has a workforce of 204 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mahaalaxmi Texpro has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCA0323P1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahaalaxmi Texpro Limited, buy the company report.
Recent activity
Mahaalaxmi Texpro Limited has 48 board changes on record since 1993: 27 appointments and 21 cessations. The latest: Shrenik Deepak Choudhari ceased to be CFO on 18 Apr 2025.
85 earlier events are in the company report.
News
Frequently asked questions
Mahaalaxmi Texpro is an active public limited company based in Kolhapur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 01 September 1993 (33+ years old) and is registered under CIN L51491PN1993PLC073706.
Mahaalaxmi Texpro has 6 current directors:
- Deepak Chaganlal Choudhari - Managing Director
- Madhubala Deepak Choudhari - Director
- Veerendra Mohanrao Mane - Director
- Dhruv Jain - Director
- Mandar Deepak Jadhav - Director
- Tausif Gaus Solapure - Director
The latest financial statements of Mahaalaxmi Texpro 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.
The GSTIN of Mahaalaxmi Texpro is 27AACCA0323P1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahaalaxmi Texpro is L51491PN1993PLC073706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaalaxmi Texpro is recorded as a listed company by MCA, but trading in its shares on BSE (532831) has been suspended, so they do not currently trade on a stock exchange.
Mahaalaxmi Texpro has 53 court cases on record: 11 filed by the company and 42 filed against it. 11 are pending. Most are in the district courts.
Mahaalaxmi Texpro was incorporated on 01 September 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
Mahaalaxmi Texpro has 17 deals on record (15 market trades, 1 ipo, 1 funding round), with disclosed funding of ₹5 Cr; the latest was in March 2010.
The peers of Mahaalaxmi Texpro by revenue are Srinivasa Se Home Private Limited, Nangalia Sizers Private Limited, Pure Diamond Textiles Private Limited, Remex Polyfabs Private Limited, Anish Texfab Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Shrenik Deepak Choudhari ceased to be CFO on 18 Apr 2025. Abhishek Annasaheb Mohite ceased to be CFO on 15 Mar 2024. Anant Yashawant Bhide ceased to be Managing Director on 15 Mar 2024. Mahaalaxmi Texpro has 48 board changes on record in total.
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