MG Tex Fab Private Limited
About MG Tex Fab Private Limited
Data last updated:
MG Tex Fab Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 25 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17122GJ2007PTC052054. Its GSTIN is 24AAFCM5969A1ZJ (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹28.02 Lakh. It is led by directors Subhash Maghraj Patodia and Vipin Patodia.
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 151 451 Textile Market Ring Road, Surat, Gujarat, India – 395002.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.26 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net profit of ₹10.45 Lakh (net margin 46.9%) and EBITDA of ₹19.75 Lakh (EBITDA margin 88.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 56% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹23.39 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
MG Tex Fab Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address151 451 Textile Market Ring Road, Surat, Gujarat, India – 395002
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of MG Tex Fab 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
Financials of MG Tex Fab Private Limited
FY 2025 filings availableMG Tex Fab Private Limited reported revenue of ₹22.26 Lakh (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 53% fall in the latest year. EBITDA fell 55% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹19.75 Lakh | ||||
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| Net Profit (PAT) | ₹10.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.8% | ||||
| Net Profit Margin | 46.9% | ||||
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To see the full financial statements and ratios of MG Tex Fab Private Limited, buy the company report.
Board of directors of MG Tex Fab Private Limited
MG Tex Fab has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Maghraj Patodia Also directs: MG Weaving Mills Private Limited, MG Processors Private Limited, MG Knitters Private Limited and 2 more | Director | 25 Oct 2007 | 19 Years 0 Months | Current |
| Vipin Patodia | Director | 14 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
MG Tex Fab Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Tapi Cotex Private Limited | ₹22.32 Lakh (FY 2025) | -19.0% | Dhule, Maharashtra, India | |||
| Vrishabh Cotton Private Limited | ₹22.31 Lakh (FY 2024) | -46.0% | Jalna, Maharashtra, India | |||
| MG Tex Fab Private Limitedthis company | ₹22.26 Lakh (FY 2025) | ₹10.45 Lakh | 46.9% | -53.0% | 6 | Surat, Gujarat, India |
| Shree Sauparnika Exports Private Limited | ₹22.2 Lakh (FY 2023) | -74.0% | Umbergaon, Gujarat, India |
To see the full peer comparison of MG Tex Fab Private Limited, buy the company report.
Auditor
MG Tex Fab Private Limited is audited by SURENDRA K SHARMA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURENDRA K SHARMA & CO | FY 2022 | 325168E |
Shareholding
The shareholding of MG Tex Fab Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MG Tex Fab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2012 | 10349097 | Bank of Baroda | ₹13.61 Cr | Satisfied | |
| 28 Mar 2012 | 10347661 | Bank of Baroda | ₹9.78 Cr | Satisfied |
To see the full charge records of MG Tex Fab Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
MG Tex Fab Private Limited has 1 court case on record: 1 filed by MG Tex Fab. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of MG Tex Fab 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.
Credit ratings & regulatory alerts
MG Tex Fab Private Limited was last rated by Care on 09 Aug 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Aug 2022 |
To see the full credit ratings and regulatory alerts of MG Tex Fab Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MG Tex Fab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
MG Tex Fab Private Limited has a workforce of 6 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
MG Tex Fab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCM5969A1ZJ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MG Tex Fab Private Limited, buy the company report.
Recent activity
MG Tex Fab Private Limited has 4 board changes on record since 2007: 2 appointments and 2 cessations. The latest: Sanjay Kumar Gupta ceased to be Director on 14 Apr 2023.
1 earlier event is in the company report.
Frequently asked questions
MG Tex Fab is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 25 October 2007 (19+ years old) and is registered under CIN U17122GJ2007PTC052054.
MG Tex Fab has 2 current directors:
- Subhash Maghraj Patodia - Director
- Vipin Patodia - Director
The latest financial statements of MG Tex Fab on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of MG Tex Fab is 24AAFCM5969A1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of MG Tex Fab is U17122GJ2007PTC052054. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MG Tex Fab has 1 court case on record: 1 filed by the company.
MG Tex Fab was incorporated on 25 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of MG Tex Fab by revenue are Tapi Cotex Private Limited, Vrishabh Cotton Private Limited, Shree Sauparnika Exports Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Sanjay Kumar Gupta ceased to be Director on 14 Apr 2023. Vipin Patodia was appointed as Director on 14 Apr 2023. Shreshth Subhash Patodia ceased to be Director on 31 Jan 2015. MG Tex Fab has 4 board changes on record in total.
The registered office of MG Tex Fab is at 151 451 Textile Market Ring Road, Surat, Gujarat, India – 395002.
MG Tex Fab operates in the manufacturing industry, in the textile and fabric production segment.