Economic Polytex Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 23-06-2024
- Paid Up Capital ₹ 3.93 M
as on 23-06-2024
- Company Age 53 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 13.00 Cr
as on 23-06-2024
- Revenue %
(FY 2022)
- Profit -106.99%
(FY 2022)
- Ebitda 30.13%
(FY 2022)
- Net Worth -6.95%
(FY 2022)
- Total Assets -4.79%
(FY 2022)
About Economic Polytex
The Company is engaged in the Financial Services 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 3.93 M.
The company has closed loans amounting to ₹13.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Mahendra Vora, Indulal Vora, Saurin Vora, and One other member serve as directors at the Company.
- CIN/LLPIN
U24299GJ1971PTC001889
- Company No.
001889
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Apr 1971
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
- Email Address
- Website
-
- Social Media-
Who are the key members and board of directors at Economic Polytex?
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendra Vora  | Director | 01-May-1998 | Current |
| Indulal Vora | Director | 26-Apr-1971 | Current |
| Saurin Vora | Director | 01-May-1998 | Current |
| Alka Vora | Director | 01-Jul-1987 | Current |
Financial Performance and Corporate Structure Insights of Economic Polytex.
Economic Polytex Pvt Ltd, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 106.99% decrease in profit. The company's net worth dipped by a decrease of 6.95%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Economic Polytex?
In 2019, Economic Polytex had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
_PRIVATE_LIMITED.webp)
Economic Traders(Gujarat) Private LimitedActive 52 years 6 monthsIndulal Vora, Saurin Vora and 1 more are mutual person
West Coast Diesels LlpActive 10 years 3 monthsMahendra Vora, Indulal Vora and 2 more are mutual person
Economic Growth Fund (India) LimitedActive 38 years 4 monthsMahendra Vora, Saurin Vora and 1 more are mutual person
- Titania Land Developers LlpActive 9 years 9 months
Mahendra Vora, Indulal Vora and 1 more are mutual person
- Vora Welfare FoundationActive 11 years 1 month
Indulal Vora, Saurin Vora and 1 more are mutual person
_PRIVATE_LIMITED.webp)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Yes Bank Limited Creation Date: 30 Jul 2015 | ₹5.00 Cr | Satisfied |
State Bank Of Saurashtra Creation Date: 14 Sep 1989 | ₹8.00 Cr | Satisfied |
How Many Employees Work at Economic Polytex?
Economic Polytex has a workforce of 1 employees as of Mar 22, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Economic Polytex, 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 Economic Polytex's trajectory.
Rating
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
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.
