Mahaveer Texspares Private Limited - Company Profile

It is a chemicals and materials private limited company based in Bangalore, Karnataka, India, established in 1980.
1980 Bangalore, Karnataka, India Active
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About Mahaveer Texspares Private Limited

Mahaveer Texspares Private Limited, a active private limited company, was established on 13 November 1980 in Bangalore, Karnataka, India. Engaging in chemical distribution & retail within the chemicals and materials sector, it holds CIN: U51909KA1980PTC004000. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.31 M.

It upholds a compliant status. Its leadership includes Ratanashi Deoshibhai Patel (Director), Manish Ratanashi Patel (Director), Lalit Ratansi Patel (Director). Past directors included Lalit Ratansi Patel. It holds ₹50.00 K open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 132, First Main Road,Sheshadri Puram, Bangalore, Bangalore, Karnataka, 560020.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U51909KA1980PTC004000

  • Registration Number

    004000

  • Incorporation Date

    13 November 1980

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.31 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.31 M
  • Company Age 45 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 K
  • Revenue Growth **** 1.81%
  • Profit Growth **** -62.80%
  • Ebitda **** 78.50%
  • Net Worth 2.11%
  • Total Assets -9.85%
Company report

Mahaveer Texspares Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Mahaveer Texspares Private Limited — 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 Mahaveer Texspares Private Limited?
Current Directors
Name Designation Appointment Date Status
Ratanashi Deoshibhai Patel Director 29 Dec 1983 Current
Manish Ratanashi Patel Director 21 Apr 1991 Current
Lalit Ratansi Patel Director 01 Dec 2017 Current
Dinesh Ratansi Patel Director 31 Mar 1994 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Sep 2018 Past

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Financial Performance of Mahaveer Texspares.

Mahaveer Texspares Private Limited, for the financial year ended 2020, experienced modest growth in revenue, with a 1.81% increase. The company also saw a substantial fall in profitability, with a 62.8% decrease in profit. The company's net worth moved up by a moderate rise of 2.11%.

Mahaveer Texspares revenue growth over time
Mahaveer Texspares profit and loss trends over time
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
  • 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
********
 1.81%
*******
*******
*******
*******
Revenue from Operations
*******
 1.81%
*******
*******
*******
*******
Total Assets
*******
 -9.85%
*******
*******
*******
*******
Profit or Loss
*******
 -62.80%
*******
*******
*******
*******
Net Worth
*******
 2.11%
*******
*******
*******
*******
EBITDA
*******
 78.50%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Mahaveer Texspares?

In 2019, Mahaveer Texspares had a promoter holding of 32.05% and a public holding of 67.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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

₹50,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Canara Bank : 0.01 Cr
Latest Charge Details
Date Lender Amount Status
06 Aug 1987 Canara Bank ₹0.05 M Open

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How Many Employees Work at Mahaveer Texspares?

Unlock and access historical data on people associated with Mahaveer Texspares, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mahaveer Texspares, 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 Mahaveer Texspares's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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 Mahaveer Texspares
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Mahaveer Texspares Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mahaveer Texspares Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Lalit Ratansi Patel was appointed as a Director was appointed as a Director on 01 Dec 2017 & has been associated with this company since 8 years 2 months . was documented.

  • Director Appointment

    The activity Dinesh Ratansi Patel was appointed as a Director was appointed as a Director on 31 Mar 1994 & has been associated with this company since 31 years 10 months . was completed.

  • Director Appointment

    Manish Ratanashi Patel was appointed as a Director was appointed as a Director on 21 Apr 1991 & has been associated with this company since 34 years 10 months . was recorded as a recent event.

  • Charges

    Progress on A charge with Canara Bank amounted to Rs. 0.05 M with Charge ID 90193315 was registered on 06 Aug 1987. was documented.

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Frequently Asked Questions
What is the CIN of Mahaveer Texspares Private Limited?

The CIN of Mahaveer Texspares Private Limited is U51909KA1980PTC004000.

Where is Mahaveer Texspares Private Limited headquartered?

Mahaveer Texspares Private Limited is headquartered at 132, First Main Road,Sheshadri Puram, Bangalore, Bangalore, Karnataka, 560020.

When was Mahaveer Texspares Private Limited incorporated?

Mahaveer Texspares Private Limited was incorporated on 13 November 1980.

Who are the current directors of Mahaveer Texspares Private Limited?

The current directors of Mahaveer Texspares Private Limited are

What is the primary industry of Mahaveer Texspares Private Limited?

The primary industry of Mahaveer Texspares Private Limited is Chemicals And Materials.

Is Mahaveer Texspares Private Limited a listed company?

Mahaveer Texspares Private Limited is unlisted.

What is the capital structure of Mahaveer Texspares Private Limited?

The authorized capital of Mahaveer Texspares Private Limited is ₹0.50 M, and the paid-up capital is ₹0.31 M.

What is the compliance status of Mahaveer Texspares Private Limited?

The compliance status of Mahaveer Texspares Private Limited is Compliant.

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