M N Polytex Private Limited

Textile company that outsources yarn and fabric production to job workers in multiple locations.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated: December 28, 2024

M N Polytex Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.96 Cr
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.75 Cr
  • Satisfied Charges ₹ 17.20 Cr
  • Revenue Growth 14.36%
  • Profit Growth 10.80%
  • Ebitda 3.33%
  • Net Worth 6.05%
  • Total Assets -13.16%

About M N Polytex

M N Polytex Private Limited (MNPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 April 1997 and has a history of 27 years and ten months. Its registered office is in Mumbai, Maharashtra, 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 2.00 Cr and a paid-up capital of Rs 1.96 Cr.

The company currently has active open charges totaling ₹7.75 Cr. The company has closed loans amounting to ₹17.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manishkumar Shah and Chiragkumar Jain serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1997PTC107173

  • Company No.

    107173

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Apr 1997

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at M N Polytex?

Board Members (2)

Name Designation Appointment Date Status
Chiragkumar Jain Country flag representing In Director 17-Sep-2014 Current
Manishkumar Shah Country flag representing In Director 01-Mar-2008 Current

Financial Performance of M N Polytex.

M N Polytex Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.36% increase. The company also saw a substantial improvement in profitability, with a 10.8% increase in profit. The company's net worth moved up by a moderate rise of 6.05%.

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
14.36%
Revenue from Operations
14.22%
Total Assets
-13.16%
Profit or Loss
10.80%
Net Worth
6.05%
EBITDA
3.33%

What is the Ownership and Shareholding Structure of M N Polytex?

In 2022, M N Polytex 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

₹7.75 Cr

Satisfied Charges

₹17.20 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 7.75 Cr

Latest Charge Details

Date Lender Amount Status
09 Jan 2020 State Bank Of India ₹7.75 Cr Open
15 Sep 2014 Ing Vysya Bank Limited ₹9.00 Cr Satisfied
10 Apr 2008 State Bank Of India ₹7.75 Cr Satisfied
22 Jun 2005 Tamilnad Mercantile Bank Limited ₹4.50 M Satisfied

How Many Employees Work at M N Polytex?

Unlock and access historical data on people associated with M N Polytex, 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 M N Polytex, 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 M N Polytex'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 M N Polytex

Recent activity within the organization

  • Annual General Meeting

    M N Polytex Private Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

    14 Sep 2024

  • Balance Sheet

    M N Polytex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 15 Sep 2014 via Charge ID 10524671 with Ing Vysya Bank Limited was fully satisfied on 29 Jul 2020.

    29 Jul 2020

  • Charges

    A charge with State Bank Of India of Rs. 7.75 Cr registered on 09 Jan 2020 with Charge ID 100316365 was modified on 01 Jun 2020.

    01 Jun 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 7.75 Cr with Charge ID 100316365 was registered on 09 Jan 2020.

    09 Jan 2020

  • Charges

    A charge registered on 10 Apr 2008 via Charge ID 10111932 with State Bank Of India was fully satisfied on 27 Feb 2019.

    27 Feb 2019

Frequently asked questions

  • M N Polytex Private Limited was incorporated on 09 Apr 1997.

  • The authorized share capital of M N Polytex Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.96 Cr.

  • Currently 2 directors are associated with M N Polytex Private Limited.

    • Manishkumar Rameshchand Shah
    • Chiragkumar Pravinkumar Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of M N Polytex Private Limited is Unit No. 06/07 Peninsula Centre Dr. S.S. Rao Road Parel (East), India, Mumbai, Maharashtra, 400012.

  • The corporate identification number (CIN) of M N Polytex Private Limited is U17120MH1997PTC107173 and the company number is 107173 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for M N Polytex Private Limited has risen by 14.36%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of M N Polytex Private Limited has experienced an upsurge of 6.05%.

  • As per the financial statements for fiscal Year 2022, The total open charges for M N Polytex Private Limited amount to ₹ 7.75 Cr.

  • The most recent Balance Sheet for M N Polytex Private Limited was filed with the ROC on 31 Mar 2024.

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