MGS Textiles Private Limited
About MGS Textiles Private Limited
Data last updated:
MGS Textiles Private Limited was a private limited company based in Hyderabad, Telangana, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 December 2017.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52609TG2017PTC121029.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Sudhakar Thalapati and Kandhadi Srinivas Reddy.
Its last annual general meeting (AGM) was held on 12 December 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 7 – 2 – 1813/5/A/1 Flat No. 102 1st Floor South Wing Svss Nivas, Hyderabad, Telangana, India – 500011.
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- Registered Address7 – 2 – 1813/5/A/1 Flat No. 102 1st Floor South Wing Svss Nivas, Hyderabad, Telangana, India – 500011
- 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 MGS Textiles Private Limited FY 2018 filings available
Financial Statement Summary of MGS Textiles Private Limited
| Metrics | FY 2017-18 |
|---|---|
| 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 MGS Textiles Private Limited
| Metrics | FY 2017-18 |
|---|---|
| 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 MGS Textiles are in the company report.
Financial statements from FY 2018
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.
Board of Directors of MGS Textiles Private Limited
MGS Textiles has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhakar Thalapati Also directs: Milano Seeds Private Limited, Emergene Agrinovo Private Limited, Amoolya Organics Private Limited and 1 more | Director | 06 Dec 2017 | 8 Years 10 Months | As last reported |
| Kandhadi Srinivas Reddy | Director | 06 Dec 2017 | 8 Years 10 Months | As last reported |
| Guru Prasad Polavarapu Also directs: Sri Narasimha Swamy Textiles LLP | Director | 06 Dec 2017 | 8 Years 10 Months | As last reported |
| Muthyam Reddy Pundra | Director | 06 Dec 2017 | 8 Years 10 Months | As last reported |
Charges & Borrowings of MGS Textiles Private Limited
MGS Textiles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at MGS Textiles Private Limited
Employment history and EPFO contributions of people linked to MGS Textiles.
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.
Recent Activity on MGS Textiles Private Limited
MGS Textiles Private Limited has 4 board changes on record since 2017: 4 appointments. The latest: Guru Prasad Polavarapu was appointed as Director on 06 Dec 2017.
Credit Ratings, Litigation & Regulatory Alerts for MGS Textiles Private 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 MGS Textiles Private 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 MGS Textiles Private 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 MGS Textiles Private 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 MGS Textiles Private 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 MGS Textiles Private Limited
MGS Textiles has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
MGS Textiles was a private limited company based in Hyderabad, Telangana, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 December 2017 and is registered under CIN U52609TG2017PTC121029. The company has been struck off by the Registrar of Companies and is no longer operational.
MGS Textiles had 4 directors:
- Sudhakar Thalapati - Director
- Kandhadi Srinivas Reddy - Director
- Guru Prasad Polavarapu - Director
- Muthyam Reddy Pundra - Director
The CIN (Corporate Identification Number) of MGS Textiles is U52609TG2017PTC121029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of MGS Textiles is at 7 – 2 – 18135A1 Flat No. 102 1st Floor South Wing Svss Nivas, Hyderabad, Telangana, India – 500011.
MGS Textiles was incorporated on 06 December 2017. It is registered with the Registrar of Companies, Hyderabad.
MGS Textiles has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh.
MGS Textiles operated in the home and lifestyle industry, in the textile retail and distribution segment. It worked in this industry before it was struck off.
No. MGS Textiles is not listed on any stock exchange. It is an unlisted company.
Guru Prasad Polavarapu was appointed as Director on 06 Dec 2017. Kandhadi Srinivas Reddy was appointed as Director on 06 Dec 2017. Muthyam Reddy Pundra was appointed as Director on 06 Dec 2017. MGS Textiles has 4 board changes on record in total.