Lotus Polytwist Private Limited

Manufacturer of fibrillated yarns and plastics, established in 1997 in Surat, Gujarat.

1997 | Surat, Gujarat (India) | Active
Last Updated: December 27, 2024

Lotus Polytwist Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 1.82 Cr
  • Satisfied Charges ₹ 1.57 M
  • Revenue Growth -98.37%
  • Profit Growth 105.69%
  • Ebitda 89.09%
  • Net Worth 1.69%
  • Total Assets -0.56%

About Lotus Polytwist

Lotus Polytwist Private Limited (LPPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 June 1997 and has a history of 27 years and eight months. Its registered office is in Surat, Gujarat, 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 2018. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.60 M.

The company currently has active open charges totaling ₹1.82 Cr. The company has closed loans amounting to ₹1.57 M, as per Ministry of Corporate Affairs (MCA) records.

Nitinkumar Patel and Rita Patel serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17119GJ1997PTC032550

  • Company No.

    032550

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 1997

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Lotus Polytwist?

Board Members (2)

NameDesignationAppointment DateStatus
Rita Patel Country flag representing In Director 18-Apr-1998Current
Nitinkumar Patel Country flag representing In Director 20-Jun-1997Current

Financial Performance of Lotus Polytwist.

Lotus Polytwist Private Limited, for the financial year ended 2016, experienced significant reduction in revenue, with a 98.37% decrease. The company also saw a substantial improvement in profitability, with a 105.69% increase in profit. The company's net worth moved up by a moderate rise of 1.69%.

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
-98.37%
Revenue from Operations
Total Assets
-0.56%
Profit or Loss
105.69%
Net Worth
1.69%
EBITDA
89.09%

What is the Ownership and Shareholding Structure of Lotus Polytwist?

In 2017, Lotus Polytwist 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

₹18.24 M

Satisfied Charges

₹1.57 M

Charges Breakdown by Lending Institutions

  • The Sutex Co-Operative Bank Limited : 1.36 Cr
  • The Sutex Co Operative Bank Limited : 0.46 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jun 2011The Sutex Co-Operative Bank Limited₹3.30 MOpen
01 Jun 2011The Sutex Co-Operative Bank Limited₹6.80 MOpen
28 Feb 2007The Sutex Co-Operative Bank Limited₹3.50 MOpen
28 Feb 2007The Sutex Co Operative Bank Limited₹4.64 MOpen
31 Jan 2004The Stutex Co. Op. Bank Ltd.₹1.57 MSatisfied

How Many Employees Work at Lotus Polytwist?

Unlock and access historical data on people associated with Lotus Polytwist, 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 Lotus Polytwist, 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 Lotus Polytwist'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 Lotus Polytwist

Recent activity within the organization

  • Annual General Meeting

    Lotus Polytwist Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Lotus Polytwist Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Charges

    A charge with The Sutex Co-Operative Bank Limited of Rs. 3.50 M registered on 28 Feb 2007 with Charge ID 10041470 was modified on 13 Jan 2012.

    13 Jan 2012

  • Charges

    A charge with The Sutex Co-Operative Bank Limited amounted to Rs. 3.30 M with Charge ID 10291504 was registered on 14 Jun 2011.

    14 Jun 2011

  • Charges

    A charge with The Sutex Co-Operative Bank Limited of Rs. 6.80 M registered on 01 Jun 2011 with Charge ID 10289951 was modified on 14 Jun 2011.

    14 Jun 2011

  • Charges

    A charge with The Sutex Co-Operative Bank Limited amounted to Rs. 6.80 M with Charge ID 10289951 was registered on 01 Jun 2011.

    01 Jun 2011

Frequently asked questions

  • Lotus Polytwist Private Limited was incorporated on 20 Jun 1997.

  • The authorized share capital of Lotus Polytwist Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.60 M.

  • Currently 2 directors are associated with Lotus Polytwist Private Limited.

    • Nitinkumar Thakorbhai Patel
    • Rita Nitinkumar Patel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lotus Polytwist Private Limited is 603 Jolly Plaza Athwagate, India, Surat, Gujarat, 395001.

  • The corporate identification number (CIN) of Lotus Polytwist Private Limited is U17119GJ1997PTC032550 and the company number is 032550 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Lotus Polytwist Private Limited has fallen by -98.37%.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Lotus Polytwist Private Limited has experienced an upsurge of 1.69%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Lotus Polytwist Private Limited amount to ₹ 1.82 Cr.

  • The most recent Balance Sheet for Lotus Polytwist Private Limited was filed with the ROC on 31 Mar 2018.

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