Mahesh Spintex Private Limited

Mahesh Spintex Private Limited - manufacturing in Delhi, India. FY 2026 financials & compliance.
CIN U17299DL1992PTC047277 Incorporated 22 January 1992 ROC Delhi HQ Delhi, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹42.41 Lakh
▼ 50% YoY
Net profit · FY 2024
₹10.73 Lakh
Net margin 25.3%
EBITDA · FY 2024
₹11.89 Lakh
EBITDA margin 28%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹2.88 Cr
Satisfied ₹1.55 Cr
Company age
34 yrs
Est. 1992
Employees · EPFO
2
Provident fund records

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 U17299DL1992PTC047277
Registration Number 047277
Incorporation Date 22 January 1992
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

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.

CINStatus
U17299DL1992PTC047277Current
U74899DL1992PTC047277Previous

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 Address
    13/58 Geeta Colony, Delhi, India – 110034
  • Industry
    Manufacturing, Textile & Fabric Production

To see the full contact details of Mahesh Spintex Private Limited, buy the company report.

Comprehensive company report
Mahesh Spintex Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Mahesh Spintex is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, 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 available

Mahesh Spintex Private Limited reported revenue of ₹42.41 Lakh (down 50% YoY) for FY 2024.

Revenue · FY 2024
₹42.41 Lakh ▼ 50%
Net profit · FY 2024
₹10.73 Lakh margin 25.3%
EBITDA · FY 2024
₹11.89 Lakh margin 28%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 50%
3 years · compounded
▼ 25%
5 years · compounded
▼ 33%
EBITDA CAGR growth
1 year
▲ 183%
3 years · compounded
▼ 25%
5 years · compounded
▼ 18%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹11.89 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10.73 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin28%
Net Profit Margin25.3%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Suhas Kirti SinglaDirector18 Sep 20215 Years 1 MonthsCurrent
Ajay Kumar ShinglaDirector11 May 199927 Years 5 MonthsCurrent
Sunita Rani ShinglaDirector11 May 199927 Years 5 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh25.3%-50.0%2Delhi, 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 firmFinancial yearFirm registration number
BALRAM & ASSOCIATESFY 2023009579N

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 categoryFY 2023FY 2021FY 2020FY 2019FY 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

Open charges
₹2.88 Cr
Satisfied charges
₹1.55 Cr
Breakdown by lending institutions
Indian Overseas Bank₹2.17 Cr
The Haryana Financial Corporation₹0.42 Cr
Union Bank of India₹0.25 Cr
Bank of Baroda₹0.03 Cr
Punjab National Bank₹0.01 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Apr 201110283517Indian Overseas Bank₹2.17 CrOpen
16 May 200190062239Bank of Baroda₹2.8 LakhOpen
24 Jan 199990061599Union Bank of India₹10 LakhOpen
13 Jul 199590060704Union Bank of India₹15 LakhOpen
01 May 199590060648The Haryana Financial Corporation₹41.66 LakhOpen

To see the full charge records of Mahesh Spintex Private Limited, buy the company report.

Total charge records: 10 View all charges

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.

Employee count
2
Active EPFO establishments
1
Employee growth
-33.33%

GST

Mahesh Spintex has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
06AAACD3378H1ZQHaryanaActive01 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.

AGM
Mahesh Spintex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahesh Spintex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi Ii.
Appointed
Suhas Kirti Singla was appointed as Director.
Charges
A charge with Indian Overseas Bank of Rs. 217.35 Lakh registered on 13 Apr 2011 with Charge ID 10283517 was modified on 10 Jun 2014.
Charges
A charge registered on 30 Apr 2007 via Charge ID 10051621 with Hdfc Bank Limited was fully satisfied on 21 May 2011.
Charges
A charge with Indian Overseas Bank amounted to Rs. 217.35 Lakh with Charge ID 10283517 was registered on 13 Apr 2011.
Charges
A charge with Hdfc Bank Limited of Rs. 90.00 Lakh registered on 30 Apr 2007 with Charge ID 10051621 was modified on 24 Jul 2010.
Charges
A charge registered on 15 Mar 2000 via Charge ID 90061936 with Bank Of Baroda was fully satisfied on 07 May 2007.
Charges
A charge registered on 05 Jan 2006 via Charge ID 80029860 with Bank Of Baroda was fully satisfied on 04 May 2007.
Charges
A charge registered on 09 Jun 1999 via Charge ID 90061708 with Bank Of Baroda was fully satisfied on 04 May 2007.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 10051621 was registered on 30 Apr 2007.
Charges
A charge with Bank Of Baroda amounted to Rs. 10.00 Lakh with Charge ID 80029860 was registered on 05 Jan 2006.

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:

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.