Mahesh Spintex Private Limited
About Mahesh Spintex Private Limited
Data last updated:
Mahesh Spintex Private Limited is a private limited company based in Delhi, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17299DL1992PTC047277. Its GSTIN is 06AAACD3378H1ZQ (Haryana).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Dua Spinners Private Limited. It is led by directors including Suhas Kirti Singla and Ajay Kumar Shingla.
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 13/58 Geeta Colony, Delhi, India – 110034.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.41 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net profit of ₹10.73 Lakh (net margin 25.3%) and EBITDA of ₹11.89 Lakh (EBITDA margin 28%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 33% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.88 Cr and satisfied charges of ₹1.55 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mahesh Spintex has one previous CIN (Corporate Identification Number): U74899DL1992PTC047277. The current CIN is U17299DL1992PTC047277, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17299DL1992PTC047277 | Current |
| U74899DL1992PTC047277 | Previous |
Contact details
Mahesh Spintex Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address13/58 Geeta Colony, Delhi, India – 110034
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Mahesh Spintex 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 Mahesh Spintex 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 Mahesh Spintex Private Limited, buy the company report.
Financials of Mahesh Spintex Private Limited
FY 2025 filings availableMahesh Spintex Private Limited reported revenue of ₹42.41 Lakh (down 50% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 50% fall in the latest year. EBITDA rose 183% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹11.89 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.73 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28% | ||||
| Net Profit Margin | 25.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mahesh Spintex Private Limited, buy the company report.
Board of directors of Mahesh Spintex Private Limited
Mahesh Spintex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Kirti Singla Also directs: Geneses Cure & Care LLP, Geneses Cure Wellness LLP | Director | 18 Sep 2021 | 5 Years 1 Months | Current |
| Ajay Kumar Shingla Also directs: Petalscure & Care LLP | Director | 11 May 1999 | 27 Years 5 Months | Current |
| Sunita Rani Shingla | Director | 11 May 1999 | 27 Years 5 Months | Current |
Peer comparison
Mahesh Spintex Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Reussi Fashion Private Limited | ₹42.51 Lakh (FY 2022) | 29.0% | New Delhi, Delhi, India | |||
| Eltoro Fashions Private Limited | ₹42.42 Lakh (FY 2024) | -7.0% | Tiruneveli, Tamil Nadu, India | |||
| Mahesh Spintex Private Limitedthis company | ₹42.41 Lakh (FY 2024) | ₹10.73 Lakh | 25.3% | -50.0% | 2 | Delhi, India |
| Saffron Cotex Private Limited | ₹42.38 Lakh (FY 2025) | -79.0% | Shirpur, Maharashtra, India | |||
| DC Aj Textures Private Limited | ₹42.32 Lakh (FY 2024) | -42.0% | Vanur, Tamil Nadu, India | |||
| Jai Maa Handloom Industries Private Limited | ₹42.28 Lakh (FY 2024) | -87.0% | Panipat, Haryana, India |
To see the full peer comparison of Mahesh Spintex Private Limited, buy the company report.
Auditor
Mahesh Spintex Private Limited is audited by BALRAM & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BALRAM & ASSOCIATES | FY 2023 | 009579N |
Shareholding
The shareholding of Mahesh Spintex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Mahesh Spintex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2011 | 10283517 | Indian Overseas Bank | ₹2.17 Cr | Open | |
| 16 May 2001 | 90062239 | Bank of Baroda | ₹2.8 Lakh | Open | |
| 24 Jan 1999 | 90061599 | Union Bank of India | ₹10 Lakh | Open | |
| 13 Jul 1995 | 90060704 | Union Bank of India | ₹15 Lakh | Open | |
| 01 May 1995 | 90060648 | The Haryana Financial Corporation | ₹41.66 Lakh | Open |
To see the full charge records of Mahesh Spintex Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Mahesh Spintex Private Limited has 5 court cases on record: 1 filed by Mahesh Spintex, 4 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panipat, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Panipat, Haryana | Cheque dishonour complaint | Filed against the company by M/S Chintamani | Disposed |
| High Court, PUNJAB | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, HARYANA | Writ petition | Filed by the company against State of Haryana and Ors. | Disposed |
To see the full case history of Mahesh Spintex 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 Mahesh Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahesh Spintex Private Limited has a workforce of 2 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Mahesh Spintex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACD3378H1ZQ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahesh Spintex Private Limited, buy the company report.
Recent activity
Mahesh Spintex Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Suhas Kirti Singla was appointed as Director on 18 Sep 2021.
11 earlier events are in the company report.
Frequently asked questions
Mahesh Spintex is an active private limited company based in Delhi, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 January 1992 (34+ years old) and is registered under CIN U17299DL1992PTC047277.
Mahesh Spintex has 3 current directors:
- Suhas Kirti Singla - Director
- Ajay Kumar Shingla - Director
- Sunita Rani Shingla - Director
The latest financial statements of Mahesh Spintex 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 Mahesh Spintex is 06AAACD3378H1ZQ, registered in Haryana.
The CIN (Corporate Identification Number) of Mahesh Spintex is U17299DL1992PTC047277. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahesh Spintex has 5 court cases on record: 1 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Mahesh Spintex was incorporated on 22 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Mahesh Spintex by revenue are Reussi Fashion Private Limited, Eltoro Fashions Private Limited, Saffron Cotex Private Limited, DC Aj Textures Private Limited, Jai Maa Handloom Industries Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Suhas Kirti Singla was appointed as Director on 18 Sep 2021. Ajay Kumar Shingla was appointed as Director on 11 May 1999. Sunita Rani Shingla was appointed as Director on 11 May 1999.
The registered office of Mahesh Spintex is at 1358 Geeta Colony, Delhi, India – 110034.
Mahesh Spintex operates in the manufacturing industry, in the textile and fabric production segment.
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