Maitune Clothing Private Limited
About Maitune Clothing Private Limited
Data last updated:
Maitune Clothing Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the textile segment of the apparel and fashion sector. It was incorporated on 24 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U18101MH2016PTC273436. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Damodar Narayanrao Kolhe and Pawan Rajendra Kolhe.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 71 Anant Nagar, Nagpur, Maharashtra, India – 440013.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.1 Lakh, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹6,190 (net margin 2%) and EBITDA of ₹9,000 (EBITDA margin 2.9%).
As per MCA filings, the company has open charges of ₹3.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Maitune Clothing Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address71 Anant Nagar, Nagpur, Maharashtra, India – 440013
- IndustryAppreal & Fashion, Textile, Apparel, Leather
To see the full contact details of Maitune Clothing 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 Maitune Clothing is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Maitune Clothing Private Limited, buy the company report.
Financials of Maitune Clothing Private Limited
FY 2019 filings availableMaitune Clothing Private Limited reported revenue of ₹3.1 Lakh (up 17% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 17% in the latest year. EBITDA fell 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹3.1 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹9,000 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹6,190 | |||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.9% | |||
| Net Profit Margin | 2% | |||
| 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 Maitune Clothing Private Limited, buy the company report.
Board of directors of Maitune Clothing Private Limited
Maitune Clothing has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damodar Narayanrao Kolhe | Director | 24 Feb 2016 | 10 Years 8 Months | Current |
| Pawan Rajendra Kolhe Also directs: Business Keeda Start-Up Consultants LLP | Director | 24 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Maitune Clothing Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Devsankalp Retail Private Limited | ₹3.1 Lakh (FY 2017) | -53.0% | Ahmedabad, Gujarat, India | |||
| Beyond Sports Private Limited | ₹3.1 Lakh (FY 2019) | -84.0% | Gurgaon, Haryana, India | |||
| Mayur Tradevin Private Limited | ₹3.1 Lakh (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| 3Es Electric Private Limited | ₹3.1 Lakh (FY 2023) | Bangalore, Karnataka, India | ||||
| Maitune Clothing Private Limitedthis company | ₹3.1 Lakh (FY 2019) | ₹6,190 | 2% | 17.0% | Nagpur, Maharashtra, India | |
| K Dhandapani and Co Private Limited | ₹3.1 Lakh (FY 2024) | -66.0% | Chennai, Tamil Nadu, India | |||
| Basss Event & Realty Management Private Limited | ₹3.1 Lakh (FY 2025) | 3.0% | Asansol, West Bengal, India | |||
| Navasuma Agro-Foods Private Limited | ₹3.1 Lakh (FY 2025) | 182.0% | Mysore, Karnataka, India | |||
| Lemonstreet Network Private Limited | ₹3.1 Lakh (FY 2020) | Delhi, India | ||||
| Gopal Polymers Private Limited | ₹3.1 Lakh (FY 2019) | -81.0% | Uttar Pradesh, India | |||
| Sapphire Retails Private Limited | ₹3.1 Lakh (FY 2025) | -1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Maitune Clothing Private Limited, buy the company report.
Auditor
Maitune Clothing Private Limited is audited by ANKURASHOKAGRAWAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANKURASHOKAGRAWAL | FY 2017 | 140702 |
Shareholding
The shareholding of Maitune Clothing Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Maitune Clothing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2017 | 100158745 | Others | ₹3.5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Maitune Clothing Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by Bank of Maharashtra THR. Branch Manager Kailash Ahirwar | Pending |
To see the full case history of Maitune Clothing 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 Maitune Clothing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maitune Clothing has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Maitune Clothing Private Limited, buy the company report.
Recent activity
Maitune Clothing Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Damodar Narayanrao Kolhe was appointed as Director on 24 Feb 2016.
Frequently asked questions
Maitune Clothing is an active private limited company based in Nagpur, Maharashtra, India. The company works in textile, within the apparel and fashion industry. It was incorporated on 24 February 2016 (10+ years old) and is registered under CIN U18101MH2016PTC273436.
Maitune Clothing has 2 current directors:
- Damodar Narayanrao Kolhe - Director
- Pawan Rajendra Kolhe - Director
The latest financial statements of Maitune Clothing on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
No. Maitune Clothing has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Maitune Clothing is U18101MH2016PTC273436. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maitune Clothing has 1 court case on record: 1 filed against it. 1 is pending.
Maitune Clothing was incorporated on 24 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Nagpur.
The peers of Maitune Clothing by revenue are Devsankalp Retail Private Limited, Beyond Sports Private Limited, Mayur Tradevin Private Limited, 3Es Electric Private Limited, K Dhandapani and Co Private Limited and 5 more, all in the same principal business activity (retail trading).
Damodar Narayanrao Kolhe was appointed as Director on 24 Feb 2016. Pawan Rajendra Kolhe was appointed as Director on 24 Feb 2016.
The registered office of Maitune Clothing is at 71 Anant Nagar, Nagpur, Maharashtra, India – 440013.
Maitune Clothing operates in the apparel and fashion industry, in the textile segment.
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