Marudhar Polycot (India) Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.40 Cr
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 35.00 Cr
- Satisfied Charges ₹ 23.36 Cr
- Revenue Growth 4.42%
- Profit Growth -43.62%
- Ebitda 30.32%
- Net Worth 3.50%
- Total Assets -18.05%
About Marudhar Polycot (India)
Marudhar Polycot (India) Private Limited. (MPIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 May 2002 and has a history of 22 years and nine months. Its registered office is in Ahmedabad, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.40 Cr.
The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹23.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
Gautam Salecha, Pushpa Salecha, and Anand Khatang serve as directors at the Company.
Company Details
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U17111GJ2002PTC078253
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Company No.
078253
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
10 May 2002
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Marudhar Polycot (India)?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gautam Salecha
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Managing Director | 31-Mar-2004 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Pushpa Salecha
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Director | 04-Sep-2009 | Current |
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Anand Khatang
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Director | 25-Jun-2018 | Current |
Financial Performance of Marudhar Polycot (India).
Marudhar Polycot (India) Private Limited., for the financial year ended 2023, experienced modest growth in revenue, with a 4.42% increase. The company also saw a substantial fall in profitability, with a 43.62% decrease in profit. The company's net worth moved up by a moderate rise of 3.5%.
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What is the Ownership and Shareholding Structure of Marudhar Polycot (India)?
In 2023, Marudhar Polycot (India) had a promoter holding of 46.43% and a public holding of 53.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Marudhar Spinning And Weaving Milis Private LimitedGautam Salecha and Pushpa Salecha are mutual person
Charges (Loans)
₹35.00 Cr
₹23.36 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 30.00 Cr
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2023 | Axis Bank Limited | ₹30.00 Cr | Open |
| 30 Jul 2010 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 24 Nov 2005 | State Bank Of Bikaner & Jaipur | ₹23.36 Cr | Satisfied |
How Many Employees Work at Marudhar Polycot (India)?
Marudhar Polycot (India) has a workforce of 8 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Marudhar Polycot (India), 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 Marudhar Polycot (India)'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.
