Manpasand Textile Processors Private Limited
About Manpasand Textile Processors Private Limited
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Manpasand Textile Processors Private Limited is a private limited company based in Kolhapur, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 19 November 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U17120PN1990PTC059042. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors Rajgopal Bhimkaran Chhaparwal (Managing Director) and Sareeta Chhaparwal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Sector P Plot No 30 – 33 53 – 56 Parvati Co – Op Indl. Estate Yadrav Ichalkaranji Kolhapur, Maharashtra, India – 416121.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.38 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Cr (net margin -39.8%) and EBITDA of -₹12.7 Lakh (EBITDA margin -3.8%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 29% over five years.
As per MCA filings, the company has satisfied charges of ₹11.82 Cr on record. Court records list 41 cases involving the company, including 22 filed by the company and 19 filed against it; 11 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Manpasand Textile Processors has one previous CIN (Corporate Identification Number): U17120MH1990PTC059042. The current CIN is U17120PN1990PTC059042, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17120PN1990PTC059042 | Current |
| U17120MH1990PTC059042 | Previous |
Contact details
Manpasand Textile Processors Private Limited's registered office is in Kolhapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressSector P Plot No 30 – 33 53 – 56 Parvati Co – Op Indl. Estate Yadrav Ichalkaranji Kolhapur, Maharashtra, India – 416121
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Manpasand Textile Processors 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 Manpasand Textile Processors 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 Manpasand Textile Processors Private Limited, buy the company report.
Financials of Manpasand Textile Processors Private Limited
FY 2021 filings availableManpasand Textile Processors Private Limited reported revenue of ₹3.38 Cr (down 73% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 73% fall in the latest year. EBITDA fell 112% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.38 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.7 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.35 Cr | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.8% | ||||
| Net Profit Margin | -39.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Manpasand Textile Processors Private Limited, buy the company report.
Board of directors of Manpasand Textile Processors Private Limited
Manpasand Textile Processors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajgopal Bhimkaran Chhaparwal | Managing Director | 01 Sep 1996 | 30 Years 2 Months | Current |
| Sareeta Chhaparwal | Additional Director | 10 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Manpasand Textile Processors Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Spi Creation Private Limited | ₹3.39 Cr (FY 2024) | -42.0% | New Delhi, Delhi, India | |||
| SS Vardhman Knitwears Private Limited | ₹3.39 Cr (FY 2021) | Ludhiana, Punjab, India | ||||
| Anuvrat Textiles Private Limited | ₹3.39 Cr (FY 2024) | -17.0% | Bhilwara, Rajasthan, India | |||
| Surya Commosale Private Limited | ₹3.38 Cr (FY 2024) | -56.0% | Kolkata, West Bengal, India | |||
| Manpasand Textile Processors Private Limitedthis company | ₹3.38 Cr (FY 2021) | -₹1.35 Cr | -39.8% | -73.0% | Kolhapur, Maharashtra, India | |
| Twenty Nine Designs Private Limited | ₹3.38 Cr (FY 2024) | 15.0% | Delhi, India | |||
| Vijaya Exports India Private Limited | ₹3.38 Cr (FY 2024) | -34.0% | Coimbatore, Tamil Nadu, India | |||
| Vinatex Twisters Private Limited | ₹3.38 Cr (FY 2025) | 107.0% | Pune, Maharashtra, India |
To see the full peer comparison of Manpasand Textile Processors Private Limited, buy the company report.
Auditor
Manpasand Textile Processors Private Limited is audited by BHUTADA ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUTADA ASSOCIATES | FY 2021 | 101476W |
Shareholding
The shareholding of Manpasand Textile Processors Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manpasand Textile Processors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2020 | 100360317 | Others | ₹2 Cr | Satisfied | |
| 31 Mar 2020 | 100360319 | Others | ₹2.95 Cr | Satisfied | |
| 22 Jul 2010 | 10233128 | Bank of Baroda | ₹3 Cr | Satisfied | |
| 22 Jul 2010 | 10233136 | Bank of Baroda | ₹17.6 Lakh | Satisfied | |
| 22 Jul 2010 | 10233138 | Bank of Baroda | ₹31.54 Lakh | Satisfied |
To see the full charge records of Manpasand Textile Processors Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Manpasand Textile Processors Private Limited has 41 court cases on record: 22 filed by Manpasand Textile Processors, 19 filed against it. 11 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 27 | 15 | 4 |
| High courts | 14 | 4 | 7 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Apna Organics Pvt Ltd Thru Ar Nishant S Mehta | Pending |
| District court, Kolhapur, Maharashtra | Criminal miscellaneous application | Filed by the company against Apna Organics Private Limited Director Shivam Santosh Saraf and 4 others | Pending |
| District court, Kolhapur, Maharashtra | Arbitration matter | Filed against the company by Kinara Capital Pvt Ltd Though Its Authorized Officer | Pending |
| District court, Kolhapur, Maharashtra | Arbitration matter | Filed against the company by Kinara Capital Pvt Ltd Though Its Authorized Officer | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra and Anr | Pending |
To see the full case history of Manpasand Textile Processors 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 Manpasand Textile Processors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manpasand Textile Processors 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 Manpasand Textile Processors Private Limited, buy the company report.
Recent activity
Manpasand Textile Processors Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Bhimkaran Balmukund Chhaparwal ceased to be Director on 10 Feb 2023.
25 earlier events are in the company report.
Frequently asked questions
Manpasand Textile Processors is an active private limited company based in Kolhapur, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 19 November 1990 (36+ years old) and is registered under CIN U17120PN1990PTC059042.
Manpasand Textile Processors has 2 current directors:
- Rajgopal Bhimkaran Chhaparwal - Managing Director
- Sareeta Chhaparwal - Additional Director
The latest financial statements of Manpasand Textile Processors on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Manpasand Textile Processors has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Manpasand Textile Processors is U17120PN1990PTC059042. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manpasand Textile Processors has 41 court cases on record: 22 filed by the company and 19 filed against it. 11 are pending. Most are in the district courts.
Manpasand Textile Processors was incorporated on 19 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Manpasand Textile Processors by revenue are Spi Creation Private Limited, SS Vardhman Knitwears Private Limited, Anuvrat Textiles Private Limited, Surya Commosale Private Limited, Twenty Nine Designs Private Limited and 2 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Bhimkaran Balmukund Chhaparwal ceased to be Director on 10 Feb 2023. Sareeta Chhaparwal was appointed as Additional Director on 10 Feb 2023. Satyanarayan Balmukund Chhaparwal ceased to be Director on 10 Feb 2023. Manpasand Textile Processors has 5 board changes on record in total.
The registered office of Manpasand Textile Processors is at Sector P Plot No 30 – 33 53 – 56 Parvati Co – Op Indl. Estate Yadrav Ichalkaranji Kolhapur, Maharashtra, India – 416121.
Manpasand Textile Processors operates in the manufacturing industry, in the textile and fabric production segment.
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