Maheshwari Polyspin Limited - Company Profile

It is a home & lifestyle public limited company based in Mumbai, Maharashtra, India, established in 2004.
2004 Mumbai, Maharashtra, India Active
Last Updated:
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About Maheshwari Polyspin Limited

Maheshwari Polyspin Limited, a active public limited company, was established on 29 September 2004 in Mumbai, Maharashtra, India. Engaging in textile retail & distribution within the home & lifestyle sector, it holds CIN: U17110MH2004PLC049008. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.05 Cr and a paid-up capital of ₹9.70 M.

It upholds a compliant status. Its leadership includes Vimal Maheshwari (Director), Prakash Maheshwari (Director), Chetan Bhawsar (Director). Past directors included Girish Achartlal Shah, Chetan Bhawsar, Dinesh Maheshwari. It holds ₹1.72 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at A/102, M/S Gulmohar Contractors Co. Pvt. Ltd., Dr. Rp Road, Mulund (W), Mumbai, Maharashtra, 400080.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17110MH2004PLC049008

  • Registration Number

    049008

  • Incorporation Date

    29 September 2004

  • Authorized Capital

    ₹1.05 Cr

  • Paid-Up Capital

    ₹9.70 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.05 Cr
  • Paid Up Capital ₹ 9.70 M
  • Company Age 21 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 1.72 Cr
  • Revenue Growth **** -3.21%
  • Profit Growth **** 24.69%
  • Ebitda **** 4.22%
  • Net Worth -0.01%
  • Total Assets **** 13.76%
Company report

Maheshwari Polyspin Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Maheshwari Polyspin 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 Maheshwari Polyspin Limited?
Current Directors
Name Designation Appointment Date Status
Vimal Maheshwari Director 10 Jan 2007 Current
Prakash Maheshwari Director 30 Sep 2016 Current
Chetan Bhawsar Director 25 Jul 2017 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 03 Aug 2016 Past
Pramod Abcsdd Additional Director 28 Sep 2018 Past
Pramod Abcsdd Director 01 Aug 2017 Past

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Financial Performance of Maheshwari Polyspin.

Maheshwari Polyspin Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 3.21% decrease. The company also saw a substantial improvement in profitability, with a 24.69% increase in profit. The company's net worth dipped by a decrease of 0.01%.

Maheshwari Polyspin revenue growth over time
Maheshwari Polyspin 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
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 -3.21%
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Revenue from Operations
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Total Assets
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 13.76%
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Profit or Loss
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 24.69%
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Net Worth
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 -0.01%
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EBITDA
*******
 4.22%
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*******
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What is the Ownership and Shareholding Structure of Maheshwari Polyspin?

In 2018, Maheshwari Polyspin had a promoter holding of 13.50% and a public holding of 86.50%. 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

₹17,200,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Gujrat Industrial Investment Corporation Ltd : 0.90 Cr
  • Bank Of Baroda : 0.72 Cr
  • Asset Recovery Management : 0.10 Cr
Latest Charge Details
Date Lender Amount Status
02 May 1994 Bank Of Baroda ₹1.50 M Open
23 Apr 1994 Asset Recovery Management ₹1.00 M Open
16 Dec 1992 Bank Of Baroda ₹3.20 M Open
16 Nov 1992 Bank Of Baroda ₹2.50 M Open
25 May 1990 Gujrat Industrial Investment Corporation Ltd ₹9.00 M Open

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How Many Employees Work at Maheshwari Polyspin?

Unlock and access historical data on people associated with Maheshwari Polyspin, 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 Maheshwari Polyspin, 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 Maheshwari Polyspin's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Maheshwari Polyspin
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Maheshwari Polyspin Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Maheshwari Polyspin Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Director Appointment

    Chetan Bhawsar was appointed as a Director was appointed as a Director on 25 Jul 2017 & has been associated with this company since 8 years 6 months . was recorded as a recent event.

  • Director Appointment

    Progress on Prakash Maheshwari was appointed as a Director was appointed as a Director on 30 Sep 2016 & has been associated with this company since 9 years 4 months . was documented.

  • Charges

    The activity A charge with Bank Of Baroda of Rs. 0.15 Cr registered on 02 May 1994 with Charge ID 90222327 was modified on 28 Jan 2008. was completed.

  • Charges

    A charge with Asset Recovery Management of Rs. 0.10 Cr registered on 23 Apr 1994 with Charge ID 90226668 was modified on 28 Jan 2008. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Maheshwari Polyspin Limited?

The CIN of Maheshwari Polyspin Limited is U17110MH2004PLC049008.

Where is Maheshwari Polyspin Limited headquartered?

Maheshwari Polyspin Limited is headquartered at A/102, M/S Gulmohar Contractors Co. Pvt. Ltd., Dr. Rp Road, Mulund (W), Mumbai, Maharashtra, 400080.

When was Maheshwari Polyspin Limited incorporated?

Maheshwari Polyspin Limited was incorporated on 29 September 2004.

Who are the current directors of Maheshwari Polyspin Limited?

The current directors of Maheshwari Polyspin Limited are

What is the primary industry of Maheshwari Polyspin Limited?

The primary industry of Maheshwari Polyspin Limited is Home & Lifestyle.

Is Maheshwari Polyspin Limited a listed company?

Maheshwari Polyspin Limited is unlisted.

What is the capital structure of Maheshwari Polyspin Limited?

The authorized capital of Maheshwari Polyspin Limited is ₹1.05 Cr, and the paid-up capital is ₹9.70 M.

What is the compliance status of Maheshwari Polyspin Limited?

The compliance status of Maheshwari Polyspin Limited is Compliant.

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