Mahalaxmi Rubtech Ltd - Company Profile

Q: Who are the current directors of Mahalaxmi Rubtech Ltd?

The current directors of Mahalaxmi Rubtech Ltd are Rahul Jeetmal Parekh, Anand Jeetmal Parekh, Nehal Mayurbhai Shah, Rajendra Ratanchand Mehta, Jeetmal Bhoorchand Parekh, Kalpana Kumari, Sangita Shingi, Balveermal Kewalmal Singhvi, Karan Parikh, Kalu Ram Gurjar.

It is a manufacturing public limited company based in Ahmadabad City, Gujarat, India, established in 1991.

1991 Ahmadabad City, Gujarat, India Active

Last Updated: February 03, 2026

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About Mahalaxmi Rubtech Ltd

Mahalaxmi Rubtech Ltd, a active public limited company, was established on 25 September 1991 in Ahmadabad City, Gujarat, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L25190GJ1991PLC016327. Registered under ROC Roc Ahmedabad. it is listed on BSE: 514450 and NSE: MHLXMIRU. It has an authorized capital of ₹11.00 Cr and a paid-up capital of ₹10.62 Cr.

It upholds a compliant status. In 2024, it reported revenue of ₹78.57 Cr and a net worth of ₹52.89 Cr. Employing 260 professional, Its leadership includes Rahul Jeetmal Parekh (Managing Director), Anand Jeetmal Parekh (Managing Director), Nehal Mayurbhai Shah (Director). Past directors included Chiragbhai Yogeshbhai Shah, Nikhil Kirtikant Parikh, Anand Jeetmal Parekh. It holds ₹40.50 Cr open charges and ₹13.66 Cr settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at Mahalaxmi House,, Ysl Avenue, Opp. Ketav Petrol Pump, Ambawadi,, Ahmadabad City, Gujarat, 380015.

Company Details

CIN/LLPIN
L25190GJ1991PLC016327
Registration Number
016327
Incorporation Date
25 September 1991
Authorized Capital
₹11.00 Cr
Paid-Up Capital
₹10.62 Cr
ROC Code
Roc Ahmedabad
Listing Status
Listed (BSE: 514450, NSE: MHLXMIRU)
Company Status
Active

Key Metrics

Authorised Capital ₹ 11.00 Cr as on 03-02-2026
Paid Up Capital ₹ 10.62 Cr as on 03-02-2026
Company Age 34 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 40.50 Cr as on 03-02-2026
Satisfied Charges ₹ 13.66 Cr as on 03-02-2026
Revenue Growth **** -61.78% (FY 2024)
Profit Growth **** 89.47% (FY 2024)
Ebitda **** 26.51% (FY 2024)
Net Worth -36.30% (FY 2024)
Total Assets -56.27% (FY 2024)

Comprehensive Company Insights

Explore comprehensive insights into Mahalaxmi Rubtech Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Mahalaxmi Rubtech Ltd?

Current Directors

Name	Designation	Appointment Date	Status
Rahul Jeetmal Parekh	Managing Director	01 Aug 2007	Current
Anand Jeetmal Parekh	Managing Director	19 Nov 2008	Current
Nehal Mayurbhai Shah	Director	01 Oct 2021	Current
Jeetmal Bhoorchand Parekh	Director	27 Aug 1993	Current
Sangita Shingi	Director	31 Mar 2016	Current
Balveermal Kewalmal Singhvi	Director	01 Apr 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Director	30 Mar 2015	Past
Pramod Abcsdd	Managing Director	16 Sep 2009	Past
Pramod Abcsdd	Director	19 Nov 2008	Past
Pramod Abcsdd	Director	28 Sep 2019	Past
Pramod Abcsdd	Company Secretary	-	Past

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Financial Performance of Mahalaxmi Rubtech.

Mahalaxmi Rubtech Ltd, for the financial year ended 2024, experienced significant reduction in revenue, with a 61.78% decrease. The company also saw a substantial improvement in profitability, with a 89.47% increase in profit. The company's net worth observed a substantial decline by a decrease of 36.3%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-61.78%

*******

Revenue from Operations

*******

-61.54%

*******

Total Assets

*******

-56.27%

*******

Profit or Loss

*******

89.47%

*******

Net Worth

*******

-36.30%

*******

EBITDA

*******

26.51%

*******

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What is the Ownership and Shareholding Structure of Mahalaxmi Rubtech?

In 2024, Mahalaxmi Rubtech had a promoter holding of 64.80% and a public holding of 35.19%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹405,000,000.00

Satisfied Charges

₹136,607,088.00

Charges Breakdown by Lending Institutions

Others : 39.80 Cr
Hdfc Bank Limited : 0.70 Cr

Latest Charge Details

Date	Lender	Amount	Status
03 Feb 2024	Hdfc Bank Limited	₹7.00 M	Open
21 Feb 2006	Others	₹19.90 Cr	Open
09 Nov 1994	Others	₹19.90 Cr	Open
25 Apr 2023	Hdfc Bank Limited	₹1.00 M	Satisfied
05 Apr 2023	Hdfc Bank Limited	₹1.00 M	Satisfied

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How Many Employees Work at Mahalaxmi Rubtech?

Mahalaxmi Rubtech has a workforce of 260 employees as of Feb 28, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Mahalaxmi Rubtech, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahalaxmi Rubtech's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Mahalaxmi Rubtech

Recent Activity within the Organization

Director Appointment

Kalu Ram Gurjar was appointed as a Cfo was appointed as a Cfo on 16 Jan 2026 & has been associated with this company since 1 month 13 days . was recorded as a recent event.
16 Jan 2026
Director Appointment

The activity Karan Parikh was appointed as a Company Secretary was appointed as a Company Secretary on 22 Nov 2025 & has been associated with this company since 3 months 9 days . was completed.
22 Nov 2025
Annual General Meeting

The activity Mahalaxmi Rubtech Ltd last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was completed.
27 Sep 2025
Balance Sheet

Progress on Mahalaxmi Rubtech Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.
31 Mar 2025
Charges

The activity A charge with Others of Rs. 19.90 Cr registered on 21 Feb 2006 with Charge ID 80023772 was modified on 27 Mar 2025. was completed.
27 Mar 2025
Charges

Progress on A charge with Others of Rs. 19.90 Cr registered on 09 Nov 1994 with Charge ID 90103927 was modified on 27 Mar 2025. was documented.
27 Mar 2025

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