Friends Polytech Private Limited

Manufactures non-woven products since 2010, based in Rajkot, Gujarat.

2010 | Rajkot, Gujarat (India) | Active
Last Updated: December 25, 2024

Friends Polytech Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.10 M
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.28 Cr
  • Revenue Growth 15.25%
  • Profit Growth -0.96%
  • Ebitda 80.78%
  • Net Worth 4.73%
  • Total Assets 35.47%

About Friends Polytech

Friends Polytech Private Limited (FPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 2010 and has a history of 14 years and four months. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Friends Sanitech Private Limited. The Company is engaged in the Packaging 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 7.50 M and a paid-up capital of Rs 5.10 M.

The company currently has active open charges totaling ₹2.28 Cr.

Ketankumar Saparia, Piyushkumar Kansagara, and Arunkumar Bhalodia 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

    U17200GJ2010PTC062690

  • Company No.

    062690

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Packaging

What products or services does Friends Polytech Private Limited offer?

Friends Polytech Private Limited offers a wide range of products and services, including Plastic Zip Bag, Zip Lock Bags, Ladies Bags, Designer Bag, Jumbo Bags, PP Box Bag, Fabric Bag, Non Woven Bag, Printed Non Woven Bags, Packaging, Laminated & Zip Bags.

Who are the key members and board of directors at Friends Polytech?

Board Members (3)

Name Designation Appointment Date Status
Ketankumar Saparia Country flag representing In Director 08-Feb-2011 Current
Piyushkumar Kansagara Country flag representing In Director 19-Oct-2010 Current
Arunkumar Bhalodia Country flag representing In Director 15-Sep-2020 Current

Financial Performance of Friends Polytech.

Friends Polytech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 15.25% increase. The company also saw a slight decrease in profitability, with a 0.96% decrease in profit. The company's net worth moved up by a moderate rise of 4.73%.

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
15.25%
Revenue from Operations
15.25%
Total Assets
35.47%
Profit or Loss
-0.96%
Net Worth
4.73%
EBITDA
80.78%

What is the Ownership and Shareholding Structure of Friends Polytech?

In 2021, Friends Polytech had a promoter holding of 41.00% and a public holding of 59.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.82 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 2.28 Cr

Latest Charge Details

Date Lender Amount Status
30 Aug 2011 Others ₹2.28 Cr Open

How Many Employees Work at Friends Polytech?

Unlock and access historical data on people associated with Friends Polytech, 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 Friends Polytech, 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 Friends Polytech'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 Friends Polytech

Recent activity within the organization

  • Annual General Meeting

    Friends Polytech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Friends Polytech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 22.82 M registered on 30 Aug 2011 with Charge ID 10305313 was modified on 25 Mar 2022.

    25 Mar 2022

  • Director Appointment

    Arunkumar Narandas Bhalodia was appointed as a Director was appointed as a Director on 15 Sep 2020 & has been associated with this company since 4 years 5 months .

    15 Sep 2020

  • Charges

    A charge with Others amounted to Rs. 22.82 M with Charge ID 10305313 was registered on 30 Aug 2011.

    30 Aug 2011

  • Director Appointment

    Ketankumar Haribhai Saparia was appointed as a Director was appointed as a Director on 08 Feb 2011 & has been associated with this company since 14 years 8 days .

    08 Feb 2011

Frequently asked questions

  • Friends Polytech Private Limited was incorporated on 19 Oct 2010.

  • The authorized share capital of Friends Polytech Private Limited is ₹ 7.50 M and paid-up capital is ₹ 5.10 M.

  • Currently 3 directors are associated with Friends Polytech Private Limited.

    • Ketankumar Haribhai Saparia
    • Piyushkumar Kantilal Kansagara
    • Arunkumar Narandas Bhalodia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Friends Polytech Private Limited is Plot No. G - 1380 Behind Kishan Auto Parts Gate Metoda Gidc Kalawad Road, India, Rajkot, Gujarat, 360021.

  • The corporate identification number (CIN) of Friends Polytech Private Limited is U17200GJ2010PTC062690 and the company number is 062690 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Friends Polytech Private Limited has risen by 15.25%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Friends Polytech Private Limited has experienced an upsurge of 4.73%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Friends Polytech Private Limited amount to ₹ 2.28 Cr.

  • The most recent Balance Sheet for Friends Polytech Private Limited was filed with the ROC on 31 Mar 2024.

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