Kumar Polycot Mills Limited
Textile company specializing in weaving and manufacturing cotton and cotton blend fabrics.
1989 | Coimbatore, Tamil Nadu (India) | Active
Kumar Polycot Mills Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.50 Cr
- Company Age 36 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 4.09 Cr
- Revenue Growth %
- Profit Growth 80.50%
- Ebitda 79.64%
- Net Worth -1.97%
- Total Assets -11.20%
About Kumar Polycot Mills
Kumar Polycot Mills Limited (KPML) is a Public Limited Indian Non-Government Company incorporated in India on 02 February 1989 and has a history of 36 years and one month. Its registered office is in Coimbatore, Tamil Nadu, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.50 Cr.
The company has closed loans amounting to ₹4.09 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Gaurav Shah, Jayshreeben Shah, Aarya Gaurav, and One other member serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17115TZ1989PLC002342
- Company No.
002342
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
02 Feb 1989
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Manufacturing
What products or services does Kumar Polycot Mills Limited offer?
Kumar Polycot Mills Limited offers a wide range of products and services, including Textile Machinery Spares, Electronic Yarn Clearers, Yarn, Slub Yarn, Rewinding Machine, Schlafhorst Autoconer Machine.
Who are the key members and board of directors at Kumar Polycot Mills?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gaurav Shah  | Whole-Time Director | 29-Sep-1995 | Current |
| Jayshreeben Shah | Director | 15-May-1990 | Current |
| Aarya Gaurav | Director | 05-Apr-2024 | Current |
| Shah Arha | Director | 10-Jun-2024 | Current |
Financial Performance of Kumar Polycot Mills.
Kumar Polycot Mills Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 80.5% increase in profit. The company's net worth dipped by a decrease of 1.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Kumar Polycot Mills?
In 2022, Kumar Polycot Mills had a promoter holding of 73.61% and a public holding of 26.39%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹4.09 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 3.49 Cr
- Tamilnadu Mercantile Bank Limited : 0.60 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2014 | Tamilnadu Mercantile Bank Limited | ₹6.00 M | Satisfied |
| 04 Apr 1990 | Uco Bank | ₹3.49 Cr | Satisfied |
How Many Employees Work at Kumar Polycot Mills?
Unlock and access historical data on people associated with Kumar Polycot Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Kumar Polycot Mills, 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 Kumar Polycot Mills'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.
Latest Updates, News, and FAQs on Kumar Polycot Mills
Recent activity within the organization
- Annual General Meeting
Kumar Polycot Mills Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Director Appointment
Shah Gaurav Arha was appointed as a Director was appointed as a Director on 10 Jun 2024 & has been associated with this company since 9 months 17 days .
- Director Appointment
Aarya Gaurav was appointed as a Director was appointed as a Director on 05 Apr 2024 & has been associated with this company since 11 months 22 days .
- Balance Sheet
Kumar Polycot Mills Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
- Charges
A charge registered on 28 Nov 2014 via Charge ID 10540365 with Tamilnadu Mercantile Bank Limited was fully satisfied on 29 Nov 2019.
- Charges
A charge with Tamilnadu Mercantile Bank Limited amounted to Rs. 0.60 Cr with Charge ID 10540365 was registered on 28 Nov 2014.
Frequently asked questions
What is the Incorporation or founding date of Kumar Polycot Mills Limited?
Kumar Polycot Mills Limited was incorporated on 02 Feb 1989.
What is authorized share capital and paid-up capital of Kumar Polycot Mills Limited?
The authorized share capital of Kumar Polycot Mills Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.50 Cr.
Who are the current board members & directors of Kumar Polycot Mills Limited?
Currently 4 directors are associated with Kumar Polycot Mills Limited.
- Gaurav Gautambhai Shah
- Jayshreeben Gautambhai Shah
- Aarya Gaurav
- Shah Gaurav Arha
What is the registered address of Kumar Polycot Mills Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Kumar Polycot Mills Limited is No 113 Ponnurangam Road West R S Puram India, Coimbatore South, Tamil Nadu, 641002.
What is the corporate identification number (CIN) and company number of Kumar Polycot Mills Limited?
The corporate identification number (CIN) of Kumar Polycot Mills Limited is U17115TZ1989PLC002342 and the company number is 002342 as per Ministry of Corporate Affairs (MCA).
What change has been observed in the net worth of Kumar Polycot Mills Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Kumar Polycot Mills Limited has experienced an downturn of -1.97%.
When was the last Balance Sheet of Kumar Polycot Mills Limited filed with the ROC?
The most recent Balance Sheet for Kumar Polycot Mills Limited was filed with the ROC on 31 Mar 2024.
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