Metafield Spintex Private Limited
About Metafield Spintex Private Limited
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Metafield Spintex Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 31 July 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29190MH1995PTC091226. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹2.36 Cr. It was formerly known as Metafield Coil Private Limited. It is led by directors Akhilkumar Murarilal Jhunjhunwala and Kamal Kishor Parmanand Agarwal.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.52 Lakh, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹11.52 Lakh (net margin -254.7%) and EBITDA of -₹16.3 Lakh (EBITDA margin -360.2%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years and 74% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹13.35 Cr on record. Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Metafield Spintex has one previous CIN (Corporate Identification Number): U29190MH2004PTC091226. The current CIN is U29190MH1995PTC091226, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29190MH1995PTC091226 | Current |
| U29190MH2004PTC091226 | Previous |
Contact details
Metafield Spintex Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address11 Floor First 22 Jagjivan Mansion Dadasaheb Parulekar Marg Fanaswadi Thakurdwar K, Albadevi, Mumbai, Maharashtra, India – 400002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Metafield Spintex 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 Metafield Spintex 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 |
Financials of Metafield Spintex Private Limited
FY 2021 filings availableMetafield Spintex Private Limited reported revenue of ₹4.52 Lakh (down 21% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over five years, including a 21% fall 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 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 | ₹4.52 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹16.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.52 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -360.2% | ||||
| Net Profit Margin | -254.7% | ||||
| 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 Metafield Spintex Private Limited, buy the company report.
Board of directors of Metafield Spintex Private Limited
Metafield Spintex has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhilkumar Murarilal Jhunjhunwala | Director | 30 Sep 2000 | 26 Years 0 Months | Current |
| Kamal Kishor Parmanand Agarwal | Director | 09 May 2018 | 8 Years 5 Months | Current |
Auditor
Metafield Spintex Private Limited is audited by SARAF & CHANDRA LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAF & CHANDRA LLP | FY 2019 | 315096E |
Shareholding
The shareholding of Metafield Spintex Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Metafield Spintex Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Aug 2013 | 10451846 | Bank of Maharashtra | ₹5 Cr | Open | |
| 09 May 2013 | 10428569 | Dombivli Nagari Sahakari Bank | ₹75 Lakh | Satisfied | |
| 23 Feb 2006 | 80052609 | Dns Bank | ₹6.5 Cr | Satisfied | |
| 20 May 2005 | 90151293 | Janakalyan Sahakari Bank Ltd. | ₹10 Lakh | Satisfied | |
| 06 May 2002 | 90150981 | Janakalyan Sahakari Bank Ltd. | ₹1.5 Cr | Satisfied |
To see the full charge records of Metafield Spintex Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Metafield Spintex Private Limited has 10 court cases on record: 2 filed by Metafield Spintex, 8 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 4 | 0 |
| District courts | 4 | 4 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (REVN) | Filed against the company by Nikivik Tube Industries Pvt Ltd | Disposed |
| Bombay High Court | Writ petition | Filed by the company against M/S Nikivik Tube Industries Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CAC) | Filed by the company against M/S Nikivik Tube Industries Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CAA) | Filed against the company by M/S. Nikivik Tube Industries Pvt.Ltd. | Disposed |
| Bombay High Court | Court case (AO) | Filed against the company by M/S. Nikivik Tube Industries Pvt. Ltd. | Disposed |
To see the full case history of Metafield Spintex 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 Metafield Spintex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Metafield Spintex Private Limited has 1 active EPFO establishment as of Apr 04, 2024.
GST
Metafield Spintex 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 Metafield Spintex Private Limited, buy the company report.
Recent activity
Metafield Spintex Private Limited has 7 board changes on record since 2000: 2 appointments and 5 cessations. The latest: Kamal Kishor Parmanand Agarwal ceased to be Additional Director on 29 Sep 2018.
13 earlier events are in the company report.
Frequently asked questions
Metafield Spintex is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 31 July 1995 (31+ years old) and is registered under CIN U29190MH1995PTC091226.
Metafield Spintex has 2 current directors:
- Akhilkumar Murarilal Jhunjhunwala - Director
- Kamal Kishor Parmanand Agarwal - Director
The latest financial statements of Metafield Spintex 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. Metafield Spintex has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Metafield Spintex is U29190MH1995PTC091226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metafield Spintex has 10 court cases on record: 2 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Metafield Spintex was incorporated on 31 July 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Kamal Kishor Parmanand Agarwal ceased to be Additional Director on 29 Sep 2018. Anu Anup Jhunjhunwala ceased to be Additional Director on 10 May 2018. Kamal Kishor Parmanand Agarwal was appointed as Director on 09 May 2018. Metafield Spintex has 7 board changes on record in total.
The registered office of Metafield Spintex is at 11 Floor First 22 Jagjivan Mansion Dadasaheb Parulekar Marg Fanaswadi Thakurdwar K, Albadevi, Mumbai, Maharashtra, India – 400002.
Metafield Spintex operates in the manufacturing industry, in the textile and fabric production segment.