Mg Cotton Company Private Limited Company Logo

Mg Cotton Company Private Limited - Company Profile

It is a manufacturing private limited company based in Avanashi, Tamil Nadu, India, established in 1998.

1998 | Avanashi, Tamil Nadu, India | Active
Last Updated:

About Mg Cotton Company Private Limited

Mg Cotton Company Private Limited, a active private limited company, was established on 15 July 1998 in Avanashi, Tamil Nadu, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17111TZ1998PTC009878. Registered under ROC Roc Coimbatore. it is unlisted. It has an authorized capital of ₹1.25 Cr and a paid-up capital of ₹1.25 Cr.

It upholds a compliant status. Employing 85 professional, Its leadership includes Mazzucchelli Massimo (Director), Montonati Vittorio (Director), Ragupathy (Director). It holds ₹5.84 Cr open charges and ₹2.28 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at S F No 442/2-81,443/2,B2 A,Avinashilingam Palayam Palangarai Village, Avanashi, Tamil Nadu, 641654.

Company Details

  • CIN/LLPIN

    U17111TZ1998PTC009878

  • Registration Number

    009878

  • Incorporation Date

    15 July 1998

  • Authorized Capital

    ₹1.25 Cr

  • Paid-Up Capital

    ₹1.25 Cr

  • ROC Code

    Roc Coimbatore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.84 Cr
  • Satisfied Charges ₹ 2.28 M
  • Revenue Growth 7.59%
  • Profit Growth 66.35%
  • Ebitda 53.74%
  • Net Worth -4.64%
  • Total Assets -2.56%
Company report

Mg Cotton Company Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Mg Cotton Company Private 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 Mg Cotton Company Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Mazzucchelli MassimoDirector15 Jul 1998Current
Montonati VittorioDirector25 Oct 2002Current
RagupathyDirector29 Jan 1999Current
Sumathy RagupathyDirector03 Oct 2000Current

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Financial Performance of Mg Cotton Company.

Mg Cotton Company Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.59% increase. The company also saw a substantial improvement in profitability, with a 66.35% increase in profit. The company's net worth dipped by a decrease of 4.64%.

Mg Cotton Company revenue growth over time
Mg Cotton Company profit and loss trends over time
  • 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
7.59%
Revenue from Operations
7.07%
Total Assets
-2.56%
Profit or Loss
66.35%
Net Worth
-4.64%
EBITDA
53.74%

What is the Ownership and Shareholding Structure of Mg Cotton Company?

In 2023, Mg Cotton Company had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹58,400,000.00

Satisfied Charges

₹2,278,000.00

Charges Breakdown by Lending Institutions

  • Others : 5.84 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2007Others₹5.84 CrOpen
27 Aug 2004Small Indutries Development Bank Of India₹2.28 MSatisfied

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How Many Employees Work at Mg Cotton Company?

Mg Cotton Company has a workforce of 85 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Mg Cotton Company Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mg Cotton Company, 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 Mg Cotton Company'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.

Latest Updates, News, and FAQs on Mg Cotton Company

Recent Activity within the Organization

  • Annual General Meeting

    Progress on Mg Cotton Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Balance Sheet

    The activity Mg Cotton Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore. was completed.

  • Charges

    The activity A charge with Others of Rs. 5.84 Cr registered on 16 Feb 2007 with Charge ID 10040088 was modified on 15 Mar 2022. was completed.

  • Charges

    A charge registered on 27 Aug 2004 via Charge ID 90007214 with Small Indutries Development Bank Of India was fully satisfied on 29 Dec 2009. was recorded as a recent event.

  • Charges

    The activity A charge with Others amounted to Rs. 5.84 Cr with Charge ID 10040088 was registered on 16 Feb 2007. was completed.

  • Charges

    The activity A charge with Small Indutries Development Bank Of India amounted to Rs. 0.23 Cr with Charge ID 90007214 was registered on 27 Aug 2004. was completed.

Frequently Asked Questions

  • What is the CIN of Mg Cotton Company Private Limited?

    The CIN of Mg Cotton Company Private Limited is U17111TZ1998PTC009878.

  • Where is Mg Cotton Company Private Limited headquartered?

    Mg Cotton Company Private Limited is headquartered at S F No 442/2-81,443/2,B2 A,Avinashilingam Palayam Palangarai Village, Avanashi, Tamil Nadu, 641654.

  • When was Mg Cotton Company Private Limited incorporated?

    Mg Cotton Company Private Limited was incorporated on 15 July 1998.

  • Who are the current directors of Mg Cotton Company Private Limited?

    The current directors of Mg Cotton Company Private Limited are

  • What is the primary industry of Mg Cotton Company Private Limited?

    The primary industry of Mg Cotton Company Private Limited is Manufacturing.

  • Is Mg Cotton Company Private Limited a listed company?

    Mg Cotton Company Private Limited is unlisted.

  • What is the capital structure of Mg Cotton Company Private Limited?

    The authorized capital of Mg Cotton Company Private Limited is ₹1.25 Cr, and the paid-up capital is ₹1.25 Cr.

  • What is the compliance status of Mg Cotton Company Private Limited?

    The compliance status of Mg Cotton Company Private Limited is Compliant.

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