Masterspin Export Limited
About Masterspin Export Limited
Data last updated:
Masterspin Export Limited is a public limited company based in Solapur, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 07 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51491PN1994PLC076452.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Mitesh Ramkisan Daga and Nisant Ramkisan Daga.
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 406 – A Karwa Plaza West Mangalwar Peth, Solapur, Maharashtra, India – 413002.
As per MCA filings, the company has open charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address406 – A Karwa Plaza West Mangalwar Peth, Solapur, Maharashtra, India – 413002
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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
- One PDF report, delivered after checkout
Financials of Masterspin Export Limited FY 2025 filings available
Financial Statement Summary of Masterspin Export Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Masterspin Export Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Masterspin Export are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Masterspin Export Limited
Masterspin Export Limited is audited by B M GATTANI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B M GATTANI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Masterspin Export Limited
Masterspin Export has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Ramkisan Daga Also directs: Niwas Spinning Mills Limited | Director | 27 Aug 2004 | 22 Years 1 Months | Current |
| Nisant Ramkisan Daga | Director | 27 Aug 2004 | 22 Years 1 Months | Current |
| Neetadevi Vijaykumar Jaju Also directs: Niwas Vitta Viniyog Private Limited | Director | 07 Feb 1994 | 32 Years 8 Months | Current |
Ownership and Shareholding of Masterspin Export Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Masterspin Export Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2011 | Samarth Sahakari Bank Limited Solapur | ₹3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Masterspin Export Limited
Employment history and EPFO contributions of people linked to Masterspin Export.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Masterspin Export Limited
Masterspin Export has one previous CIN (Corporate Identification Number): L51491MH1994PLC076452. The current CIN is U51491PN1994PLC076452, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51491PN1994PLC076452 | Current |
| L51491MH1994PLC076452 | Previous |
Recent Activity on Masterspin Export Limited
Masterspin Export Limited has 3 board changes on record since 1994: 3 appointments. The latest: Mitesh Ramkisan Daga was appointed as Director on 27 Aug 2004.
Credit Ratings, Litigation & Regulatory Alerts for Masterspin Export Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Masterspin Export Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Masterspin Export Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Masterspin Export Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Masterspin Export Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Masterspin Export Limited
Masterspin Export is an active public limited company based in Solapur, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 07 February 1994 (32+ years old) and is registered under CIN U51491PN1994PLC076452.
Masterspin Export has 3 current directors:
- Mitesh Ramkisan Daga - Director
- Nisant Ramkisan Daga - Director
- Neetadevi Vijaykumar Jaju - Director
The CIN (Corporate Identification Number) of Masterspin Export is U51491PN1994PLC076452. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Masterspin Export was incorporated on 07 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
Mitesh Ramkisan Daga was appointed as Director on 27 Aug 2004. Nisant Ramkisan Daga was appointed as Director on 27 Aug 2004. Neetadevi Vijaykumar Jaju was appointed as Director on 07 Feb 1994.
The registered office of Masterspin Export is at 406 – A Karwa Plaza West Mangalwar Peth, Solapur, Maharashtra, India – 413002.
Masterspin Export has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh.
Masterspin Export operates in the home and lifestyle industry, in the textile retail and distribution segment.
No. Masterspin Export is not listed on any stock exchange. It is an unlisted company.
Masterspin Export has open charges of ₹3 Cr and no satisfied charges on record as per latest MCA filings.