Idol Polytech Private Limited

Founded in 2016 and headquartered in Gujarat, India.

2016 | Rajkot, Gujarat (India) | Active
Last Updated: June 16, 2024

Idol Polytech Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 8 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.62 Cr
  • Revenue Growth 55.91%
  • Profit Growth 193.94%
  • Ebitda 71.59%
  • Net Worth 62.52%
  • Total Assets 27.44%

About Idol Polytech

Idol Polytech Private Limited (IPPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 September 2016 (Eight years and four months 22 days old ). Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Idol Pipes Private Limited. 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 5.00 M.

The company currently has active open charges totaling ₹19.62 Cr.


Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25209GJ2016PTC093725

  • Company No.

    093725

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Sep 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

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

Board Members (3)

Name Designation Appointment Date Status
Sanjaybhai Vadodariya Country flag representing In Director 14-Sep-2016 Current
Jitendra Vadodariya Country flag representing In Director 14-Sep-2016 Current
Kantilal Vadodariya Country flag representing In Director 14-Sep-2016 Current

Financial Performance of Idol Polytech.

Idol Polytech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.91% increase. The company also saw a substantial improvement in profitability, with a 193.94% increase in profit. The company's net worth Soared by an impressive increase of 62.52%.

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
55.91%
Revenue from Operations
58.12%
Total Assets
27.44%
Profit or Loss
193.94%
Net Worth
62.52%
EBITDA
71.59%

What is the Ownership and Shareholding Structure of Idol Polytech?

In 2023, Idol Polytech 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

₹196.15 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 19.62 Cr

Latest Charge Details

Date Lender Amount Status
29 May 2018 Hdfc Bank Limited ₹19.62 Cr Open

How Many Employees Work at Idol Polytech?

Idol Polytech has a workforce of 24 employees as of Mar 28, 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 Idol 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 Idol 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 Idol Polytech

Recent activity within the organization

  • Annual General Meeting

    Idol Polytech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 196.15 M registered on 29 May 2018 with Charge ID 100183930 was modified on 20 Jun 2023.

    20 Jun 2023

  • Balance Sheet

    Idol Polytech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 196.15 M with Charge ID 100183930 was registered on 29 May 2018.

    29 May 2018

  • Director Appointment

    Sanjaybhai Chhaganbhai Vadodariya was appointed as a Director was appointed as a Director on 14 Sep 2016 & has been associated with this company since 8 years 4 months .

    14 Sep 2016

  • Director Appointment

    Jitendra Chhaganbhai Vadodariya was appointed as a Director was appointed as a Director on 14 Sep 2016 & has been associated with this company since 8 years 4 months .

    14 Sep 2016

Frequently asked questions

  • Idol Polytech Private Limited was incorporated on 14 Sep 2016.

  • The authorized share capital of Idol Polytech Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    • Sanjaybhai Chhaganbhai Vadodariya
    • Jitendra Chhaganbhai Vadodariya
    • Kantilal Nathabhai Vadodariya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Idol Polytech Private Limited is Survey No. 11/Paiki 1 Plot No.2 At Ranpur Near R.K.Ind Zone-8 Wakaner Kuvadva Cho, Wkdi, Rajkot, Gujarat, India, 360023.

  • The corporate identification number (CIN) of Idol Polytech Private Limited is U25209GJ2016PTC093725 and the company number is 093725 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Idol Polytech Private Limited is https://www.idolpipe.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Idol Polytech Private Limited has risen by 55.91%.

  • As Per 2023 financial reports, 24 employees are currently employed by Idol Polytech Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Idol Polytech Private Limited has experienced an upsurge of 62.52%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Idol Polytech Private Limited amount to ₹ 19.62 Cr.

  • The most recent Balance Sheet for Idol Polytech Private Limited was filed with the ROC on 31 Mar 2023.