Futura Polyesters Limited

Manufacturer and marketer of a wide range of polyester products for global companies.

1960 | Mumbai, Maharashtra (India) | Active
Last Updated:

Futura Polyesters Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 74.76 Cr
  • Company Age 65 Year, 21 Days
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 1,974.02 Cr
  • Satisfied Charges ₹ 45.00 Cr
  • Revenue Growth %
  • Profit Growth 52.59%
  • Ebitda
  • Net Worth -20.25%
  • Total Assets -1.51%

About Futura Polyesters

Futura Polyesters Limited (FPL) was founded in India on 10 February 1960 and has a glorious history of 65 years .Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Indian Organic Chemicals Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 74.76 Cr.

The company currently has active open charges totaling ₹1,974.02 Cr. The company has closed loans amounting to ₹45.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Futura Polyesters Limited India are Rajesh Kedia as COMPANY SECRETARY and Manesh Shah as Cfo. Shyam Ghia, Mukund Dalal, and Gautam Purohit serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    futurapolyesters.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65192MH1960PLC011579

  • Company No.

    011579

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 1960

  • Date of AGM

    22 Jan 2020

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials
Manufacturing
Packaging

Who are the key members and board of directors at Futura Polyesters?

Executive Team (4)

NameDesignationAppointment DateStatus
Shyam Ghia Country flag representing In Managing Director01-Apr-2009Current
Mukund Dalal Country flag representing In Managing Director01-Jan-1988Current
Rajesh Kedia Country flag representing In Company Secretary09-Oct-2024Current
Manesh Shah CFO10-Jun-2024Current

Board Members (1)

NameDesignationAppointment DateStatus
Gautam Purohit Country flag representing In Additional Director 15-Feb-2024Current

Financial Performance of Futura Polyesters.

Futura Polyesters Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 52.59% increase in profit. The company's net worth observed a substantial decline by a decrease of 20.25%.

Futura Polyesters revenue growth over time
Futura Polyesters 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
-1.51%
Profit or Loss
52.59%
Net Worth
-20.25%
EBITDA

What is the Ownership and Shareholding Structure of Futura Polyesters?

In 2018, Futura Polyesters had a promoter holding of 16.66% and a public holding of 83.34%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,974.02 Cr

Satisfied Charges

₹45.00 Cr

Charges Breakdown by Lending Institutions

  • Bank Of India : 683.19 Cr
  • State Bank Of India : 231.92 Cr
  • Industrial Development Bank Of India : 195.54 Cr
  • Bank Of Baroda : 142.50 Cr
  • The Industrial Credit And Invest. Corp. Of Inida Limited : 115.45 Cr
  • Others : 605.42 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jun 2012Bank Of India₹4.05 CrOpen
31 Mar 2012Bank Of India₹18.17 CrOpen
30 Mar 2012State Bank Of Hyderabad₹41.26 CrOpen
26 Oct 2009State Bank Of Hyderabad₹20.00 CrOpen
17 Jul 2008State Bank Of Patiala₹25.00 CrOpen

How Many Employees Work at Futura Polyesters?

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

Employee growth trends for Futura Polyesters Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Futura Polyesters, 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 Futura Polyesters'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 Futura Polyesters

Recent activity within the organization

  • Director Appointment

    Rajesh Kailashchandra Kedia was appointed as a Company Secretary was appointed as a Company Secretary on 09 Oct 2024 & has been associated with this company since 4 months 24 days .

  • Director Appointment

    Manesh Dinesh Shah was appointed as a Cfo was appointed as a Cfo on 10 Jun 2024 & has been associated with this company since 8 months 22 days .

  • Director Appointment

    Gautam Jagjivan Purohit was appointed as a Additional Director was appointed as a Additional Director on 15 Feb 2024 & has been associated with this company since 1 year 16 days .

  • Annual General Meeting

    Futura Polyesters Limited last Annual general meeting of members was held on 22 Jan 2020 as per latest MCA records.

  • Balance Sheet

    Futura Polyesters Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 14.85 Cr registered on 05 Aug 2006 with Charge ID 10016600 was modified on 24 Mar 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Futura Polyesters Limited?

    Futura Polyesters Limited was incorporated on 10 Feb 1960.

  • What is authorized share capital and paid-up capital of Futura Polyesters Limited?

    The authorized share capital of Futura Polyesters Limited is ₹ 80.00 Cr and paid-up capital is ₹ 74.76 Cr.

  • Who are the current board members & directors of Futura Polyesters Limited?

    Currently 5 directors are associated with Futura Polyesters Limited.

    • Shyam Bhupatirai Ghia
    • Mukund Dharamdas Dalal
    • Gautam Jagjivan Purohit
    • Rajesh Kailashchandra Kedia
    • Manesh Dinesh Shah

  • What is the registered address of Futura Polyesters Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Futura Polyesters Limited is 212 2Nd Floor Panchratna Building Charni Road( East), Opera House India, Mumbai, Maharashtra, 400004.

  • What is the corporate identification number (CIN) and company number of Futura Polyesters Limited?

    The corporate identification number (CIN) of Futura Polyesters Limited is L65192MH1960PLC011579 and the company number is 011579 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Futura Polyesters Limited?

    The Official website of Futura Polyesters Limited is https://www.futurapolyesters.in

  • What change has been observed in the net worth of Futura Polyesters Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Futura Polyesters Limited has experienced an downturn of -20.25%.

  • What are the total open charges for Futura Polyesters Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Futura Polyesters Limited amount to ₹ 1,974.02 Cr.

  • When was the last Balance Sheet of Futura Polyesters Limited filed with the ROC?

    The most recent Balance Sheet for Futura Polyesters Limited was filed with the ROC on 31 Mar 2019.

People also Viewed

Similar Companies Based on Bottle & Cap Manufacturing