Best Polyfabrics Limited

Manufacturer and exporter of various plastic goods and products, including liners, sacks, pipes, and toys.

1999 | Punjab, Punjab (India) | Active
Last Updated: October 24, 2024

Best Polyfabrics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.50 M
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.86 Cr
  • Satisfied Charges ₹ 7.95 M
  • Revenue Growth 87.98%
  • Profit Growth 99.71%
  • Ebitda 36.78%
  • Net Worth -0.03%
  • Total Assets -4.84%

About Best Polyfabrics

Best Polyfabrics Limited (BPL) is a Public Limited Indian Non-Government Company incorporated in India on 20 August 1999 and has a history of 25 years and five months. Its registered office is in Punjab, Punjab.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 3.50 M.

The company currently has active open charges totaling ₹3.86 Cr. The company has closed loans amounting to ₹7.95 M, as per Ministry of Corporate Affairs (MCA) records.

Gurvinder Monga, Sharanpal Singh, Gurkirat Singh, and One other member serve as directors at the Company.

Company Details

  • Location
    Punjab, Punjab
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209PB1999PLC022873

  • Company No.

    022873

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Aug 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Best Polyfabrics?

Board Members (4)

Name Designation Appointment Date Status
Prabhjot Monga Country flag representing In Director 19-Dec-2016 Current
Gurkirat Singh Country flag representing In Director 12-Mar-2016 Current
Gurvinder Monga Country flag representing In Director 20-Aug-1999 Current
Sharanpal Singh Country flag representing In Director 12-Jun-2004 Current

Financial Performance of Best Polyfabrics.

Best Polyfabrics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.98% increase. The company also saw a substantial improvement in profitability, with a 99.71% increase in profit. The company's net worth dipped by a decrease of 0.03%.

Graph illustrating revenue growth over time
Graph showing 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
87.98%
Revenue from Operations
Total Assets
-4.84%
Profit or Loss
99.71%
Net Worth
-0.03%
EBITDA
36.78%

What is the Ownership and Shareholding Structure of Best Polyfabrics?

In 2023, Best Polyfabrics 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

Charges (Loans)

Open Charges

₹38.64 M

Satisfied Charges

₹7.95 M

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 3.15 Cr
  • Others : 0.71 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2019 Others ₹7.14 M Open
22 Apr 2013 Oriental Bank Of Commerce ₹1.90 M Open
22 Sep 2008 Oriental Bank Of Commerce ₹9.50 M Open
23 Mar 2007 Oriental Bank Of Commerce ₹1.41 Cr Open
30 Dec 1999 Oriental Bank Of Commerce ₹6.00 M Open

How Many Employees Work at Best Polyfabrics?

Unlock and access historical data on people associated with Best Polyfabrics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best Polyfabrics, 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 Best Polyfabrics'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 Best Polyfabrics

Recent activity within the organization

  • Annual General Meeting

    Best Polyfabrics Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Best Polyfabrics Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.14 M with Charge ID 100307299 was registered on 30 Aug 2019.

    30 Aug 2019

  • Director Appointment

    Prabhjot Singh Monga was appointed as a Director was appointed as a Director on 19 Dec 2016 & has been associated with this company since 8 years 1 month .

    19 Dec 2016

  • Director Appointment

    Gurkirat Monga Singh was appointed as a Director was appointed as a Director on 12 Mar 2016 & has been associated with this company since 8 years 10 months .

    12 Mar 2016

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 1.90 M with Charge ID 10430331 was registered on 22 Apr 2013.

    22 Apr 2013

Frequently asked questions

  • Best Polyfabrics Limited was incorporated on 20 Aug 1999.

  • The authorized share capital of Best Polyfabrics Limited is ₹ 5.00 M and paid-up capital is ₹ 3.50 M.

  • Currently 4 directors are associated with Best Polyfabrics Limited.

    • Gurvinder Kaur Monga
    • Sharanpal Singh
    • Gurkirat Monga Singh
    • Prabhjot Singh Monga
  • As per Ministry of Corporate Affairs (Mca), the registered address of Best Polyfabrics Limited is Mullanpur Road V P Ohumbran Ludhiana India, Punjab.

  • The corporate identification number (CIN) of Best Polyfabrics Limited is U25209PB1999PLC022873 and the company number is 022873 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Best Polyfabrics Limited has risen by 87.98%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Best Polyfabrics Limited has experienced an downturn of -0.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Best Polyfabrics Limited amount to ₹ 3.86 Cr.

  • The most recent Balance Sheet for Best Polyfabrics Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Textile & Fabric Production