Economic Polytex Pvt Ltd

Trading company specializing in polyethylene, polypropylene, and PVC products since 1971.

1971 | Rajkot, Gujarat (India) | Active
Last Updated: January 04, 2025

Economic Polytex Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.93 M
  • Company Age 53 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 13.00 Cr
  • Revenue Growth %
  • Profit Growth -106.99%
  • Ebitda 30.13%
  • Net Worth -6.95%
  • Total Assets -4.79%

About Economic Polytex

Economic Polytex Pvt Ltd (EPPL) was founded in India on 26 April 1971 and has a glorious history of 53 years and ten months.Its registered office is in Rajkot, Gujarat, India.

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 2024. 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.

Alka Vora, Saurin Vora, Indulal Vora, and One other member serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24299GJ1971PTC001889

  • Company No.

    001889

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Apr 1971

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Economic Polytex?

Financial Performance 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%.

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
Revenue from Operations
Total Assets
-4.79%
Profit or Loss
-106.99%
Net Worth
-6.95%
EBITDA
30.13%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹130.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of Saurashtra : 8.00 Cr
  • Yes Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2015Yes Bank Limited₹5.00 CrSatisfied
14 Sep 1989State Bank Of Saurashtra₹8.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Economic Polytex

Recent activity within the organization

  • Annual General Meeting

    Economic Polytex Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Economic Polytex Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 30 Jul 2015 via Charge ID 10587844 with Yes Bank Limited was fully satisfied on 05 Nov 2020.

    05 Nov 2020

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 50.00 M with Charge ID 10587844 was registered on 30 Jul 2015.

    30 Jul 2015

  • Charges

    A charge registered on 14 Sep 1989 via Charge ID 90101302 with State Bank Of Saurashtra was fully satisfied on 04 Jun 2015.

    04 Jun 2015

  • Charges

    A charge with State Bank Of Saurashtra of Rs. 80.00 M registered on 14 Sep 1989 with Charge ID 90101302 was modified on 14 Mar 2008.

    14 Mar 2008

Frequently asked questions

  • What is the Incorporation or founding date of Economic Polytex Pvt Ltd?

    Economic Polytex Pvt Ltd was incorporated on 26 Apr 1971.

  • What is authorized share capital and paid-up capital of Economic Polytex Pvt Ltd?

    The authorized share capital of Economic Polytex Pvt Ltd is ₹ 5.00 M and paid-up capital is ₹ 3.93 M.

  • Who are the current board members & directors of Economic Polytex Pvt Ltd?

    Currently 4 directors are associated with Economic Polytex Pvt Ltd.

    • Alka Manharlal Vora
    • Saurin Mahendra Vora
    • Indulal Vallabhji Vora
    • Mahendra Vallabhji Vora
  • What is the registered address of Economic Polytex Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Economic Polytex Pvt Ltd is 209/210 Sterling Apartment, 2Nd Floor Jawahar Road India, Rajkot, Gujarat, 360001.

  • What is the corporate identification number (CIN) and company number of Economic Polytex Pvt Ltd?

    The corporate identification number (CIN) of Economic Polytex Pvt Ltd is U24299GJ1971PTC001889 and the company number is 001889 as per Ministry of Corporate Affairs (MCA).

  • How many employees does Economic Polytex Pvt Ltd currently have?

    As Per 2022 financial reports, 1 employees are currently employed by Economic Polytex Pvt Ltd.

  • What change has been observed in the net worth of Economic Polytex Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Economic Polytex Pvt Ltd has experienced an downturn of -6.95%.

  • When was the last Balance Sheet of Economic Polytex Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Economic Polytex Pvt Ltd was filed with the ROC on 31 Mar 2024.