Myp Enterprises Limited
About Myp Enterprises Limited
Data last updated:
Myp Enterprises Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 21 February 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2006PLC159911. Its GSTIN is 27AAECM5670R1ZP (Maharashtra). The company held 4 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹50.61 Lakh. It was formerly known as Marudhar Yarns Private Limited and Marudhar Yarns Limited. It was led by directors including Rajesh Surajmal Shah and Premshankar Hiralal Chaurasiya.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 702 7th Floor Bombay Market Building Near A.C Market 78 Tardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2022, the company reported a revenue of ₹13.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.81 Cr (net margin 21.4%) and EBITDA of ₹2.83 Cr (EBITDA margin 21.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 31% over five years.
As per MCA filings, the company had satisfied charges of ₹8.57 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it; 1 case is pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.02 Cr; the latest was in March 2012.
Company details
Name history
Myp Enterprises has undergone 2 name changes throughout its history. The company was previously known as Marudhar Yarns Private Limited, and Marudhar Yarns Limited. The current legal name is Myp Enterprises Limited.
| Company Name | Status |
|---|---|
| Myp Enterprises Limited | Current |
| Marudhar Yarns Private Limited | Previous |
| Marudhar Yarns Limited | Previous |
CIN history
Myp Enterprises has one previous CIN (Corporate Identification Number): U18101MH2006PTC159911. The current CIN is U18101MH2006PLC159911, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U18101MH2006PLC159911 | Current |
| U18101MH2006PTC159911 | Previous |
Contact details
Myp Enterprises Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address702 7th Floor Bombay Market Building Near A.C Market 78 Tardeo Road, Mumbai, Maharashtra, India – 400034
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Myp Enterprises 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 Myp Enterprises is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Myp Enterprises Limited, buy the company report.
Financials of Myp Enterprises Limited
FY 2023 filings availableMyp Enterprises Limited reported revenue of ₹13.11 Cr (up 323% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 323% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA fell 8% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹2.83 Cr | ||||
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| Net Profit (PAT) | ₹2.81 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.6% | ||||
| Net Profit Margin | 21.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Myp Enterprises Limited, buy the company report.
Board of directors of Myp Enterprises Limited
Myp Enterprises has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Surajmal Shah | Director | 30 Apr 2022 | 4 Years 6 Months | As last reported |
| Premshankar Hiralal Chaurasiya | Director | 05 Sep 2018 | 8 Years 2 Months | As last reported |
| Nimesh Jain Samratmal Also directs: RHN Commercials Private Limited | Director | 21 Feb 2006 | 20 Years 8 Months | As last reported |
Auditor
Myp Enterprises Limited is audited by K S P M & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S P M & ASSOCIATES | FY 2021 | 104723W |
Shareholding
The shareholding of Myp Enterprises Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Myp Enterprises Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2012 | 10355916 | Indian Overseas Bank | ₹6.5 Lakh | Satisfied | |
| 17 Apr 2006 | 10002579 | Indian Overseas Bank | ₹8.5 Cr | Satisfied |
To see the full charge records of Myp Enterprises Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Myp Enterprises Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.02 Cr; the latest was in March 2012.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2012 | Funding round | ₹2 Cr | Investors: Kushi Industries Limited, Asan Investments & Financial Services Private Limited , Gero Traders Private Limited |
| Feb 2012 | Funding round | ₹15 Lakh | Investors: 2 individuals |
| Mar 2008 | Funding round | ₹87 Lakh | Investors: 4 individuals |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Myp Enterprises Limited has 12 court cases on record: 3 filed by Myp Enterprises, 9 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 1 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Bajaj Finance Ltd | Disposed |
To see the full case history of Myp Enterprises 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 Myp Enterprises Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Myp Enterprises has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECM5670R1ZP | Maharashtra | Active | 01 Jul 2017 |
| 08AAECM5670R1ZP | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Myp Enterprises Limited, buy the company report.
Recent activity
Myp Enterprises Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Gaurang Shah Chhotalal ceased to be Irp/Rp/Liquidator on 18 Nov 2024.
3 earlier events are in the company report.
Frequently asked questions
Myp Enterprises has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Myp Enterprises was a public limited company based in Mumbai, Maharashtra, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 21 February 2006 and is registered under CIN U18101MH2006PLC159911. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Myp Enterprises was incorporated on 21 February 2006. It is registered with the Registrar of Companies, Mumbai.
Myp Enterprises had 3 directors:
- Rajesh Surajmal Shah - Director
- Premshankar Hiralal Chaurasiya - Director
- Nimesh Jain Samratmal - Director
The CIN (Corporate Identification Number) of Myp Enterprises is U18101MH2006PLC159911. 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 Myp Enterprises is at 702 7th Floor Bombay Market Building Near A.C Market 78 Tardeo Road, Mumbai, Maharashtra, India – 400034.
The latest financial statements of Myp Enterprises on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Myp Enterprises is 27AAECM5670R1ZP, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 08AAECM5670R1ZP (Rajasthan).
Myp Enterprises operated in the manufacturing industry, in the textile and fabric production segment.
Myp Enterprises has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹3.02 Cr; the latest was in March 2012.
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